Abu Dhabi Islamic Finance’s Arzaq gets licence to open 13 branches in 10 Egyptian governorates
Arzaq, a microfinance company owned by Abu Dhabi Islamic Bank Egypt, has obtained a licence from the Financial Regulatory Authority to open its first 13 branches as part of its…
Egypt begins rehabilitating Kitchener drainage: Local Development Ministry
Minister of Local Development Hisham Amna has directed quick implementation of the targeted works and projects within the project to improve water quality in the Kitchener Drain, the solid waste…
EU-Egypt Association Council marks 20th anniversary of partnership, discusses further cooperation
The 10th meeting of the EU-Egypt Association Council will be held in Brussels on 23 January 2024, coinciding with the 20th anniversary of the Association Agreement that came into force…
Egypt shoulders EGP 1.4bn annual real estate tax for 21 industries until 2026
Egypt's Minister of Finance Mohamed Maait said that the state’s treasury bears EGP 1.4bn annually of taxes imposed on constructed properties used for some industrial and productive activities, representing 21…
Suez Canal Authority steps up support for ships amid Red Sea tensions
In response to ongoing tensions in the Red Sea, the Suez Canal Authority (SCA) is offering expanded services to mitigate the impact on ships passing through the vital waterway. "The…
Egypt seeks development partner collaboration for “Decent Life” initiative
Egypt's Minister of International Cooperation, Rania Al-Mashat, hosted a meeting at the Cabinet headquarters in the New Administrative Capital to discuss potential collaboration with development partners on the "Decent Life"…
Centamin aims to produce 500,000 ounces of gold in Sukari Mine in 2024
Company reports $892m in revenues in 2023: Martin Horgan
Egypt’s President discusses renewable energy cooperation with Greek group
Egypt’s President Abdel Fattah Al-Sisi met with the Chairman of the Greek Copelouzos Group, Dimitrios Copelouzos, on Monday in Brussels. The meeting was attended by Egypt’s Prime Minister, Mostafa Madbouly,…
Israel continues to attack civilians in Gaza amid humanitarian crisis
The Israeli army continued its violent attacks on the Gaza Strip for the 108th day of the war, which has killed about 25,000 people and injured more than 62,000, mostly…
