Al-Sisi orders sports system overhaul after Paris Olympics
President Abdel Fattah Al-Sisi has mandated a comprehensive evaluation of all sports federations that participated in the Paris 2024 Olympics, following Egypt’s performance at the Games. The Egyptian presidency announced…
NBE, Banque Misr restructure their boards
Egypt’s Prime Minister Mostafa Madbouly issued a decree restructuring the boards of directors for the National Bank of Egypt (NBE) and Banque Misr, effective from the general assembly meetings of…
UNGA: Egypt’s Al-Mashat meets with UNDP, outlines new development strategy
Egypt's Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with Achim Steiner, UNDP Administrator, on Saturday during the 79th session of the United Nations General Assembly, to…
Gold prices climb 1.7% after Fed’s rate cut: Gold Bullion
Global gold witnessed another week of gains, reaching new historic levels after consolidating its upward trend. This followed the US Federal Reserve's sharp shift in monetary policy, which began cutting…
DORRA Developments partners with Jaz Hotel Group for hospitality project
DORRA Developments has announced a strategic partnership with Jaz Hotel Group. This collaboration will see the management of a new luxury hotel, combining DORRA’s expertise in real estate development with…
Social Solidarity Minister, EU ambassador discuss NSB development plan
Maya Morsy, Egypt’s Minister of Social Solidarity, met with Christian Berger, the European Union Ambassador to Egypt, along with his accompanying delegation, at the ministry's headquarters in the New Administrative…
Egypt’s Al-Mashat, French Development Agency discuss strengthening ties
Egypt's Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with French Ambassador to Cairo Eric Chevalier and AFD Regional Director for Egypt Cécile Couprie to discuss strengthening…
Banque Misr achieves pre-tax profits of EGP 80.9bn in 2023
Banque Misr's general assembly approved last Thursday the financial statements for the fiscal year ending 31 December 2023, showcasing impressive growth across all business sectors. The bank's total financial position…
NBE reports EGP 126bn in pre-tax profits for 2023
The National Bank of Egypt (NBE) held its general assembly last Thursday to approve its financial statements for the fiscal year ending 31 December 2023. The bank reported pre-tax profits…
Egypt launches rapid response in Aswan as dozens exhibit gastroenteritis akin symptoms
Dozens of residents in Aswan, southern Egypt, have exhibited symptoms akin to gastroenteritis, leading the Egyptian government to implement rapid intervention measures. The Ministry of Health dispatched specialized medical teams…