AZ-Gold Fund achieves 38% return increase since launch: Evolve Investment
Finalisation of third gold investment fund procedures expected in late May
Prime Minister Madbouly reviews amendments to Egypt’s Economic Zones Law
In a strategic initiative to enhance Egypt’s economic position, Prime Minister Mostafa Madbouly chaired a meeting on Tuesday to examine proposed revisions to the Economic Zones Law. Madbouly stressed the…
Egypt’s international reserves climb to $41.057bn in April 2024
Egypt’s international reserves experienced a significant increase, reaching $41.057bn in April 2024. This marks a substantial rise from the $40.361bn recorded in March 2024, reflecting an overall growth of $696m.…
Israel advances on Rafah crossing despite Egypt’s warning
Israeli forces conducted intensive bombings in the Palestinian city of Rafah, located in the southern part of the Gaza Strip, targeting areas near the land crossing into Egypt. This escalation…
Significant potential to increase Egyptian exports to Switzerland: Chief of Swiss Chamber of Commerce
Swiss enterprises are poised to explore investment prospects across diverse sectors in Egypt. These opportunities hinge on a myriad of factors, including market demand, the regulatory landscape, and competitive advantages,…
State-run exchange offices accumulate EGP 22.3bn in foreign currencies post-flotation
Leading the way is Al-Ahly Exchange with amassed total of EGP 12.386bn
Egypt leads MENA surge as Bitget Wallet sees 300% growth
Bitget Wallet, a leading Web3 wallet in Asia, has reported a staggering 300% growth in the Middle East and North Africa (MENA) region over the past 30 days, with Egypt…
Cloudflare reports 50% surge in DDoS attacks in Q1 2024
Cloudflare, Inc., the security, performance, and reliability company, has released its Q1 2024 DDoS threat report, revealing a 50% surge in distributed denial-of-service (DDoS) attacks. The first quarter of 2024…
Lebanon’s Hezbollah launches rockets on Israeli settlements
The Lebanese armed group Hezbollah said it launched Katyusha rockets on Israeli settlements and military sites on Monday in response to Israeli air strikes in southern Lebanon a day earlier.…
Death toll of Kenya’s devastating floods climbs to 228, tropical Cyclone Hidaya weakens after landfall
Kenyan authorities on Sunday said nine more people lost their lives in the last 24 hours due to the devastating floods and landslides triggered by heavy rains, bringing the death…