US primary kicks off Democrats’ race to White House
The Democratic race to the White House is slated to officially kick off Saturday, with President Joe Biden expected to easily grab his party's nomination. "Biden will do well…
EGX posts strong gains in January after presidential elections
The Egyptian Exchange (EGX) witnessed significant gains in January, boosted by strong buying activities across different market sectors. The positive economic outlook following the presidential elections and the confirmation of…
EGX announces changes in market indices after semi-annual review
The Egyptian Exchange (EGX) has announced the results of its semi-annual review of market indices, which took place in February 2024. The review led to several changes in the composition…
EverGrow launches promotional plan for Q1 2024, joining major fertilizer events worldwide
EverGrow, a leading player in the specialized fertilizer industry in Egypt and the Middle East, has announced an ambitious promotional plan for the first quarter of 2024. The plan aims…
Egypt’s Importers Division calls for full exchange rate liberalization, unlimited foreign currency deposits
The Importers Division at the Cairo Chamber of Commerce, led by Emad Kenawy, urged the government to stabilise external debt, reschedule its payments for longer terms, and seek to transfer…
Houthi attacks on Red Sea ships raise shipping costs by $1m: EIFFA
The Egyptian International Freight Forwarding Association (EIFFA) at the Cairo Chamber of Commerce warned of the economic consequences and the surge in shipping costs, which will impact the prices of…
UN agency warns of impending drought-induced humanitarian crisis in Ethiopia
The United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) has called for urgent concerted humanitarian support to tackle an impending drought-induced humanitarian crisis in Ethiopia. The UNOCHA,…
Egypt completes over 2 million surgeries under initiative to ‘end waiting lists’
The Ministry of Health and Population announced on Saturday that it had performed 2,074,952 surgeries as part of the national initiative to end waiting lists and prevent new ones from…
Man stabs three at Paris’ Gare de Lyon, motive unclear
Three people were injured, one seriously, in a stabbing attack at the Gare de Lyon train station in Paris on Saturday morning. The attacker, who was carrying a knife and…
Egypt, Norway call for international support to bring aid to Gaza urgently
Egypt’s Foreign Minister Sameh Shoukry and his Norwegian counterpart Espen Barth Eide emphasized the need to mobilize resources and international support to increase humanitarian aid access to Gaza as soon…
