Opinion | The High-Stakes of US-Russia Summit in Riyadh: A Game-Changer in Global Geopolitics
The upcoming US-Russia summit in Riyadh, set to take place in a few days, signals a multitude of critical geopolitical developments. Notably, the agenda will extend beyond the Ukrainian crisis…
Egypt allocates EGP 6bn in compensation for Ras El-Hekma residents
Prime Minister Mostafa Madbouly chaired a meeting on Tuesday to assess the latest developments in the Ras El-Hekma development project in Matrouh’s North Coast. Attendees included Deputy Prime Minister for…
Six newborns die in Gaza due to hypothermia, Israeli blockade: Hamas
The Islamic Resistance Movement (Hamas) announced that six newborns have died in the Gaza Strip, while several others remain in critical condition in hospitals due to severe cold and a…
Health Ministry, AstraZeneca partner to enhance Egyptian doctors’ skills
Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, witnessed the signing of a cooperation agreement between the Ministry of Health and Population and AstraZeneca Egypt to…
PFI Asset Management appointed for Mawared Fund
PFI Asset Management has been officially appointed as the fund manager for the Mawared Fund, effective February 18, 2025. Established in November 2009 by Housing and Development Bank, Mawared is…
ETA, Commercial Professions Syndicate sign protocol to regulate relations
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), and Mahmoud El-Naghi, Head of the Accounting and Auditing Division at the Syndicate of Commercial Professions, have signed a cooperation…
Egypt’s financial inclusion rate hits 74.8%, with 52 million using transaction accounts
Financial inclusion rates in Egypt continue to rise, with approximately 52 million citizens now using transaction accounts. The Central Bank of Egypt (CBE) announced on Tuesday that financial inclusion rates…
Egypt’s Petroleum Minister announces Zohr field development resumption
Karim Badr, Egypt’s Minister of Petroleum and Mineral Resources, has announced the resumption of development activities at the Zohr gas field following the arrival of the Saipem 10000 drillship in…
ADNOC eyes expansion into Egypt’s EV charging, fuel market
ADNOC Distribution, the UAE-based fuel and retail company, explores entry into Egypt’s electric vehicle (EV) charging market and is in the process of securing the necessary licences, according to CEO…
Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year
Reaffirming Egypt’s status as a global hub for aquatic sports, Ashraf Sobhy, Minister of Youth and Sports, inaugurated the opening leg of the World Aquatics Open Water Swimming World Cup…
