Egyptian pound to end CY 2024 at EGP 39.37 per USD: FocusEconomics

Economic growth likely eased further in H1 FY 2024 (July—December 2023) from H2 FY 2023, according to FocusEconomics Consensus Forecast January 2024. The report stated that the pound traded at…

Shaimaa Al-Aees

Chinese FM visits Cairo to discuss bilateral ties, regional issues

Egyptian Foreign Minister Sameh Shoukry will meet with his Chinese counterpart Wang Yi on Sunday in Cairo, as part of the latter's African tour. The two ministers will hold talks…

Sami Hegazi

PaySky to launch consumer finance, digital savings services in 2024

Company targets EGP 3bn investment by 2026: Sadek

Mohamed Alaa El-Din

Al-Sisi reviews new university projects and Cairo’s historic development plans

President Abdel Fattah Al-Sisi met on Saturday with Prime Minister Mustapha Madbouly, Minister of Higher Education and Scientific Research Dr. Ayman Ashour, Presidential Advisor for Urban Planning General Amir Sayed…

Sami Hegazi

Palestinians resist Israeli aggression on Gaza after 99 days

The Ministry of Health in Gaza said that the Israeli aggression had killed 23,843 and injured 60,317 Palestinians and that there were victims under the rubble and on the roads…

Daily News Egypt

New social protection package to include salary, pension improvements, reinstated tax exemption limits: Minister of Finance

Introduction of Egypt's 2024/2030 Tax Policy Strategy, new Income Tax Law project for public dialogue next month

Daily News Egypt

From stardom to retirement: The fading glory of Egypt’s top actors

Retirement looms for Nadia El-Gendy, Nabila Ebeid, and Fifi Abdo

Kadry Al-Haggar

ADQ acquires 40.5% stake in TMG’s hospitality arm ICON

Abu Dhabi wealth fund ADQ has acquired a 40.5% stake in ICON, the hospitality arm of Egypt's Talaat Moustafa Group (TMG), in a move seen as a major vote of…

Daily News Egypt

Egypt’s Central Agency for Reconstruction to implement 14 urban development clusters in North Sinai

Egypt's Cabinet approved the implementation of 14 urban development clusters in North Sinai by the Central Agency for Reconstruction. This decision is part of the state's plan to accelerate the…

Daily News Egypt