Minister of Petroleum discusses Apex’s activities, plans in Egypt
Apex aims to expand operations, intensify exploration, increase production
IMF completes Egypt’s 3rd review, approves $820m tranche disbursement
The International Monetary Fund has approved a fresh disbursement of $820m to Egypt after IMF's Executive Board completed the third review under the $8bn loan programme. The decision, announced on…
Egypt to tighten regulations on private mental health facilities
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, has ordered the formation of a committee to regulate the licensing of private mental health facilities. The…
Israeli assault on Gaza claims 39,363 victims to date
The Ministry of Health in Gaza has reported that Israeli forces carried out three significant massacres against civilians in the Gaza Strip within the past 24 hours. These attacks resulted…
Egypt unveils digital platform to boost industrial investment
Egypt is establishing a digital platform to streamline investment and accelerate industrial development, Deputy Prime Minister and Minister of Industry and Transport Kamel Al-Wazir announced Monday. The platform is part…
SCZone revenues soar to EGP 8.245bn in FY 2023/24
The Suez Canal Economic Zone (SCZone) reported a significant increase in revenue for the fiscal year(FY) 2023/24, rising to EGP8.245bn, with 72% or EGP5.932bn coming from US dollar-denominated sources, according…
Egypt plans to borrow EGP 1.013trn from local market in August, September
Ministry of Finance targets 32 T-bill auctions worth EGP 960bn, 20 T-bond auctions worth EGP 53bn over two months
Beltone Mortgage Debuts with 22.25% Market Share, Leading in Fast and Easy Home Financing
Beltone Holding, one of the fastest-growing financial institutions, has significantly expanded its footprint in the mortgage sector with its wholly-owned subsidiary, "Beltone Mortgage." The subsidiary has swiftly captured a 22.25%…
Paris Olympics: French legend Biba leads China to Olympic-breaking debut
Breaking, also known as breakdancing, has made an extraordinary journey from street corners to the prestigious stage of the Paris 2024 Olympic Games. For the first time, breaking will be…
How cycling saved Afghan rider in Olympic Refugee team
Cycling has many benefits, but for Amir Ansari, the first rider off the ramp in the men's time trial race at the Paris Olympic Games, it is more than just…