Outstanding balance of local T-bill, bonds amounts to EGP 5.04trn in October 2023: Finance Ministry
The Ministry of Finance reported that the total value of local treasury bills and bonds reached about EGP 5.04trn in October 2023. According to its latest report, the treasury bills…
Fahmy Hanna appointed as non-executive chairperson of saib pending CBE approval
The Board of Directors of saib bank has appointed Fahmy Hanna as a non-executive chairperson of the bank, effective from 27 November 2023, until the board is reformed in its…
DP World-Sokhna launches $80m logistics park project in SCZONE
The Suez Canal Economic Zone (SCZONE) Chairperson Walid Gamal El-Din attended the foundation stone laying ceremony for the DP World-Sokhna Logistics Park project in the Ain Sokhna area. Gamal El-Din…
Octa International, Petromaint sign cooperation agreement
An alliance and strategic cooperation agreement was signed between the Alexandria Petroleum Maintenance Company (Petromaint) and Octa International. The agreement aims to jointly manufacture and develop hybrid renewable energy projects…
Telecom Egypt, Raya collaborate on second phase of ‘Regional Data Hub’ project
The Minister of Communications and Information Technology, Amr Talaat, witnessed the signing of a contract between Telecom Egypt (TE) and Raya Information Technology, a subsidiary of Raya Holding, to launch…
Gold Era to open jewellery factory with EGP 1bn investment in 2024
Gold Era, a company that trades in gold and silver, plans to open a new factory in Cairo for producing gold bullion and jewellery, with an investment of about EGP…
Shoukry urges Egyptians abroad to vote in presidential elections
Foreign Minister Sameh Shoukry urged Egyptians abroad to exercise their constitutional right and express their will in the presidential elections by going to the Egyptian missions in their countries. He…
Al-Sisi directs government to develop judicial system, facilitate litigation procedures
President Abdel Fattah Al-Sisi has been keen on developing the judicial system and meeting the deadlines for the completion of the City of Justice, which aims to achieve a significant…
Israel violates Gaza’s truce, Hamas responds
30 Palestinian women, minors released in exchange for 10 Israeli detainees in Gaza
Heads of GAFI, EGX discuss cooperation for investment climate development
CEO of the General Authority for Investment and Free Zones (GAFI), Hossam Heiba, and Chairperson of the Egyptian Exchange (EGX), Ahmed El Sheikh, discussed areas of mutual cooperation and ways…