Egypt’s urban inflation sees significant slowdown to 32.5% in April 2024: CBE
The Central Bank of Egypt (CBE) reports that annual urban headline inflation decreased to 32.5% in April 2024, down from 33.3% in March. This reduction is attributed to the reversal…
Egypt allocates EGP 9.7bn to Suez governorate for development projects in FY 2023/24
Egypt has allocated EGP 9.7bn in public investments to the Suez Governorate for the fiscal year 2023/24, according to Minister of Planning and Economic Development Hala El-Said. The investments will…
Health Minister emphasises state’s commitment to developing nursing sector
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, underscored the state’s dedication to creating a comprehensive strategy for advancing the nursing sector. This commitment extends to supporting and training…
20 Israeli soldiers killed in resistance operations: Hamas spokesperson
The Al-Qassam Brigades, the military wing of the Islamic Resistance Movement (Hamas), announced on Saturday that it successfully lured an Israeli force and detonated a bomb, resulting in the deaths…
UN agrees to support handling of aid from US-built pier off Gaza
Hamas says no alternative to opening land crossings for aid delivery
Sudan aid talks stall as army, SPLM-N clash over scope
Sudan Liberation Forces Alliance ousts leader over alleged RSF support
Madbouly conducts inspection tour of industrial, technological projects in Beni Suef
Prime Minister Mostafa Madbouly embarked on an inspection tour of various industrial and technological projects in Beni Suef. Upon arriving at the Kom Abu Radi industrial zone, the Prime Minister…
Egypt refutes Israeli media reports of withdrawing from SA’s lawsuit against Israel at ICJ
Egypt has denied Israeli media reports that it has withdrawn from joining South Africa in a lawsuit against Israel at the International Court of Justice (ICJ). A high-level source confirmed to Daily…
France deploys troops, blocks TikTok in New Caledonia amid riots
France has declared a state of emergency and deployed troops to its overseas territory of New Caledonia following violent protests over a proposed voting rights bill. The unrest began in…
Contact Financial Holding Q1 income hits EGP 443m, insurance premiums soar 59%
Contact Financial Holding, Egypt's leading non-banking financial services provider, reported a robust performance in the first quarter of 2024, with total operating income reaching EGP 443m. The group's total financing portfolio grew to EGP…