Kuwait Finance House expands into Egypt with Ahli United Bank acquisition
Kuwait Finance House (KFH) has officially launched its operations in Egypt following the successful acquisition of Ahli United Bank Bahrain in 2022. The transformation into a fully Sharia-compliant financial institution…
Egypt’s PM orders EGP 35m allocation to support Baheya, Ahl Masr, and Al-Nas Hospitals
Prime Minister Mostafa Madbouly has directed the Ministry of Social Solidarity to allocate EGP 35m to support three of Egypt's key hospitals: Baheya, Ahl Masr, and Al-Nas hospitals. The funding…
Egypt, Jordan, UAE, Saudi Arabia, Qatar reject Palestinian displacement, call for two-state solution
Rejecting all forms of Palestinian displacement, foreign ministers from Egypt, Jordan, the United Arab Emirates, Saudi Arabia, and Qatar met with Palestinian Authority and Arab League representatives in Cairo on…
45 civilians killed, 82 injured in RSF militia attack in Sudan’s Omdurman city
Xinhua – At least 45 civilians were killed and 82 others injured in a shelling by the Rapid Support Forces (RSF) militia on Saturday on a crowded market in Omdurman, north…
M23 rebels advance in eastern DR Congo, UN reports 700 dead
DNE Africa – M23 rebels are rapidly advancing in eastern Democratic Republic of Congo, coming within 60 kilometres of Bukavu, the capital of South Kivu province, following their capture of…
Egypt’s consumer finance market hits EGP 47.45bn in 10M 2024, growing 25.1%
Said Zater, Chairperson of the Egyptian Federation of Consumer Finance, announced that Egypt’s consumer finance sector experienced significant growth, reaching EGP 47.45bn in the first ten months of 2024—a 25.1%…
MSMEDA allocates EGP 1.3bn to fund 21k green economy projects, creating over 63k jobs
Basel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency financed 21,000 micro and small projects in the green economy sector from July…
Egypt, South Africa Foreign Ministers discuss bilateral cooperation, regional issues
Egyptian Foreign Minister Badr Abdelatty and South African Minister of International Relations and Cooperation Ronald Lamola discussed bilateral relations and potential avenues for increased cooperation in a phone call Saturday.…
Venezuela, US President Envoy hold talks in Caracas; 6 Americans released
The Venezuelan government announced on Saturday that it had hosted Richard Grenell, special envoy for the Trump administration, at the Miraflores Palace in Caracas to discuss key issues between the…
Al-Sisi, Trump discuss Gaza ceasefire, Middle East peace, bilateral ties in call
The implementation of the Gaza Strip ceasefire and the broader Middle East peace process were key topics of discussion in a phone call Saturday between Egyptian President Abdel Fattah Al-Sisi…
