EGX approves listing of TAQA Arabia

The Egyptian Exchange's (EGX) listing committee has approved the listing of TAQA Arabia, the full-service energy and utility provider in Egypt, with an issued capital of EGP 676,176,900.  A total…

Fatma Salah

Egypt’s non-oil private sector contraction slows down: PMI

Egypt's non-oil private sector economy experienced a softer decline in business conditions in May, according to S&P Global Egypt Purchasing Managers' Index (PMI) released on Monday. It indicated that progress…

Daily News Egypt

Suez Canal traffic resumes after malfunctioned oil tanker briefly disrupts navigation

Head of the Suez Canal Authority Osama Rabie has confirmed that the navigation in the global waterway resumed normally in both directions. Rabie said in a press release on Sunday…

Sami Hegazi

Ugandan president says 54 peacekeepers killed in Somalia deadly attack

Ugandan president Yoweri Museveni late Saturday said 54 of the country's peacekeeping troops were killed in a deadly attack last week in southwest Somalia. The soldiers were killed after al-Shabaab,…

Xinhua

Iran hopes to promote ties with Belgium, Europe: FM

The Iranian foreign minister expressed hope that the recent prisoner swap between Iran and Belgium could be an effective step to promote bilateral ties and Iran-Europe relations. Hossein Amir-Abdollahian made…

Xinhua

Palestinian Foreign Ministry accuses Israel of exploiting double international standards

The Palestinian Ministry of Foreign Affairs released a statement on Sunday that accused the Israeli government of taking advantage of the double international standards and the absence of an international…

Sami Hegazi

Türkiye’s re-elected Erdogan announces major reshuffle in new cabinet

Turkish President Recep Tayyip Erdogan announced on Saturday a major reshuffle in his cabinet, appointing new ministers for foreign affairs, treasury and finance, defence and vice president. Hakan Fidan, who…

Xinhua

CBE to issue $540m worth of dollar-denominated T-bills on Monday 

Proceeds of this issuance will be used to pay off previous issuance of 7 June 2022

Hossam Mounir

GERD, Sudan, and Libya crises top Al-Sisi and Mauritanian counterpart talks 

Both presidents agreed to strengthen cooperation in African arena

Daily News Egypt

India’s deadly train accident due to changes in electronic interlocking system: Minister

India's federal railway minister Ashwini Vaishnaw on Sunday said the cause of the fatal train accident in the eastern Indian state of Odisha was due to changes made to the…

Xinhua