Foreign Minister Abdelatty promotes Egypt’s green energy strategy in Brussels
Egyptian Foreign Minister Badr Abdelatty met with Wim Dhont, offshore cable manager at the Belgian company Jan De Nul, on Sunday, to discuss grid connection projects and renewable energy cooperation.…
CBE’s net foreign assets reach $11.64bn surplus in December 2024
The Central Bank of Egypt (CBE) reported a surplus in its net foreign assets for December 2024, marking the eighth consecutive month of growth. The surplus reached $11.64bn (EGP 592.469bn),…
Egypt sets new minimum capital requirements for insurers
The Board of Directors of Egypt's Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decree No. 196 of 2024, setting new minimum capital requirements for insurance companies. The…
Egypt, UN back Lebanon’s new government amid hopes for stability
Egyptian Prime Minister Mostafa Madbouly and UN Secretary-General António Guterres have expressed support for Lebanon's newly appointed Prime Minister, Nawaf Salam, amid a wave of optimism for the country's future.…
Hamas, Israel exchange prisoners as aid trucks enter Gaza
Hamas released three Israeli hostages to the Red Cross in Gaza City hours after a ceasefire took effect on Sunday. The hostages—31-year-old Doron Steinbrecher, dual British-Israeli Emily Damari, 28, and…
E-Gate platform for ship supplies launches in Egypt, UAE, and Greece
Dominic Development and Investment Company has unveiled its integrated electronic platform, The E-Gate, designed to streamline ship supply services. Initially launched in Egypt, the platform will expand to the UAE…
University of Exeter to establish first African campus in Egypt
Prime Minister Mostafa Madbouly attended on Sunday the signing ceremony of a memorandum of understanding (MoU) to establish the first-ever African campus for the University of Exeter, a member of…
OECD unveils Arabic version of multinational enterprise guidelines for responsible business conduct
The Organisation for Economic Co-operation and Development (OECD) has launched the Arabic version of its guidelines for responsible business conduct for multinational enterprises at an event hosted by Egypt’s General…
International Anti-Fascist Groups Declare Support for Maduro, Announce 2025 Action Plan
Over 2,000 representatives from over 125 countries, including members of social movements, political parties, cultural and grassroots organisations, intellectuals, Indigenous peoples, youth, students, workers, women, parliamentarians, communicators, and prominent figures,…
Edita Food Industries Expands Regionally with Strategic Entry into Iraqi Market
Edita acquires 49% stake in Tuama Jebur Abbas, establishes Edita Iraq with a planned USD 27 million investment over three years.