Egypt’s Environment Minister chairs regional CEDARE meeting ahead of UN desertification role
Egypt’s Minister of Environment, Yasmine Fouad, chaired the 18th Board of Trustees meeting of the Center for Environment and Development for the Arab Region and Europe (CEDARE) on Monday, ahead…
Hamas, US envoy reach preliminary Gaza ceasefire deal as civilian deaths rise
Hamas has reached a preliminary agreement with US Middle East envoy Steve Witkoff on a framework for a potential ceasefire in Gaza, according to sources cited by the Qatari broadcaster…
Ahl Masr partners with UAE’s Make-A-Wish Foundation to support emotional recovery of young burn survivors
Ahl Masr Burns Hospital has signed a cooperation protocol with the UAE-based Make-A-Wish Foundation to strengthen psychological support for children recovering from burn injuries. The agreement was formalized during an…
Savills Egypt reports EGP 2.76bn in 2024 tenant sales, cites ESG, retail initiatives
Savills Egypt Property Management reported EGP 2.76bn in tenant sales across its managed portfolio for the year 2024, according to its "Key Highlights: Property Management" report released on 25 May…
Egypt signs strategic partnership to advance orthopedic care with Zimmer Biomet
Egypt’s Ministry of Health and Population signed a cooperation protocol on Monday with US-based medical technology firm Zimmer Biomet and local distributor AZM to expand access to advanced orthopedic and…
Over 6,000 projects completed in Upper Egypt with EGP 32bn Investment: Local Development Minister
Manal Awad, Egypt’s Minister of Local Development, met with a World Bank delegation to assess progress in the Upper Egypt Local Development Programme and explore ways to strengthen the region’s…
ZEINOX, OQ Group to launch $2.6m plastics factory in Oman
A strategic cooperation agreement has been signed between Egypt’s Arab Metals Company ZEINOX and Oman’s OQ Group to establish a plastic manufacturing facility in the Sultanate of Oman, with a…
Petroleum Minister inspects LNG infrastructure in Ain Sokhna ahead of summer demand surge
Minister of Petroleum and Mineral Resources Karim Badawy conducted an inspection tour at Ain Sokhna’s SUMED and Sonker ports to review infrastructure readiness for receiving additional Floating Storage and Regasification…
FSRU Energos Power arrives at Alexandria Port to boost summer gas supply
The Energos Power, a new Floating Storage and Regasification Unit (FSRU) operated by US-based New Fortress Energy, has docked at the southern berth of the Tahya Misr terminal in Alexandria…
NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts
The National Bank of Egypt (NBE) and Banque Misr announced interest rate cuts of 1% on their Egyptian pound-denominated savings certificates, effective Tuesday, May 27, 2025. Both banks also suspended…