Israeli response to ceasefire proposal in Gaza deemed ‘generally negative’: Hamas
The Gaza Ministry of Health reported on Wednesday that Israeli forces have perpetrated 10 massacres against civilians in Gaza within the last 24 hours, resulting in 104 fatalities and 162…
Yasmine Sabry shines in ‘Rahil’ after box office hit ‘Abu Nasab’
I only accept roles that reflect my true values, I adhere to my non-negotiable principles
Opinion| Gains and losses in the Gaza war (2)
The operation on 7 October posed a complex challenge for Israel, stirring confusion across all political and religious factions, including the ruling right-wing parties. Despite the pressures, the Israeli right…
EFG Hermes advises on Cenomi Retail’s strategic brand sale to Abdullah Al Othaim Fashion
EFG Hermes, a subsidiary of EFG Holding Company and a premier investment bank in the MENA region, has successfully advised on a strategic M&A transaction for Cenomi Retail, Saudi Arabia’s…
Ministry of Local Development outlines plans for industrial zones across Egypt
The Ministry of Local Development, led by Minister Hisham Amna, is committed to fostering investment across Egypt’s governorates. The Ministry’s strategy includes developing a clear vision of each governorate’s competitive…
Overlooked Blue Carbon superstars: Untapped potential of alternative tidal wetlands
Blue Carbon initiatives have been on the rise worldwide, yet the demand for carbon credits currently surpasses the supply. Traditionally, only mangroves, salt marshes, and seagrass meadows are recognized as…
Why Egypt’s inflation continues to rise in February 2024
Egypt’s annual headline urban inflation rose to 35.7% in February 2024, up from 29.8% in January 2024. This increase was due to a surge in core food and non-food prices,…
TE signs agreement with EXA Infrastructure to boost international data movement via ‘WeConnect’
Amr Talaat, Minister of Communications and Information Technology, presided over the signing of a commercial agreement between Telecom Egypt (TE), the nation’s premier integrated telecommunications operator and a major regional…
New draft law to establish emergency relief fund for irregular workers: Social Solidarity Minister
Estimates indicate employment size to be 10 million workers
Rameda reports 37% year-over-year increase in 4Q23 revenue to EGP 534m
Company records 47% growth in core net income to EGP 67m