Contact Financial completes first securitization issuance of 2024 valued at EGP 1.04bn
Contact Financial Holding, a premier provider of non-banking financial services in Egypt, has successfully concluded its first securitization bond issuance for the year 2024. The issuance, managed by Sarwa Securitization,…
Chimps learn and improve tool-using skills even as adults
Humans can continue learning throughout their entire lifespan. It has been hypothesized that this ability is responsible for the extraordinary flexibility with which humans use tools, a key factor in…
Comera Financial Holding, Beltone Holding forge strategic partnership for Egypt’s digital leap
Abu Dhabi’s Comera Financial Holding, a conglomerate with a diverse portfolio in technology, fintech, and services, has joined forces with Beltone Holding, a rapidly expanding financial entity, to champion digital…
13 Million Egyptians receive screenings for chronic, kidney diseases
Egypt's Ministry of Health and Population has announced that over 13 million citizens have been examined for chronic diseases and kidney disease. The screenings are part of a presidential initiative…
Al-Mashat invites Dutch firms to Egypt-EU investment conference in June
Egypt's Minister of International Cooperation Rania Al-Mashat has invited Dutch businesses to attend a government-sponsored investment conference in June, held in partnership with the European Union (EU). The invitation came…
Trade Minister, Building Materials Chamber forge development path for Shaq El-Thu’ban region
In a strategic move to develop the Shaq Al-Thu’ban area, Minister of Trade and Industry Ahmed Samir convened with Sayed Abaza, Vice President of the Chamber of Building Materials Industries,…
Egypt shrinks budget deficit to 6%, improves debt-to-GDP to 95.8% in FY 2023
Egypt's budget deficit narrowed to 6% of gross domestic product in the fiscal year (FY) that ended in June 2023, Finance Minister Mohamed Maait said. The debt-to-GDP ratio also improved,…
Egypt’s President emphasises food security in meeting on agricultural development
Egypt's President Abdel Fattah Al-Sisi on Wednesday met with Prime Minister Mostafa Madbouly and other high-ranking officials to review ongoing efforts focused on Egypt's key agricultural projects. The discussions centred…
Jordan’s PM arrives in Cairo for Egyptian-Jordanian Joint Higher Committee
Egyptian Prime Minister Mostafa Madbouly welcomed Jordanian Prime Minister Bisher Khasawneh at Cairo International Airport on Wednesday. Khasawneh will lead the 32nd session of the Egyptian-Jordanian Joint Higher Committee, scheduled…
Cairo mediation inches closer to Gaza ceasefire amidst tensions in Rafah
Intense ceasefire negotiations between Qatari, US, and Hamas delegations continued on Wednesday in Cairo, as confirmed by a high-level source to Daily News Egypt. The talks, which commenced at 10…