Financial position of banks in Egypt reaches EGP 14.473trn in August 2023: CBE
Net foreign assets of the banking sector increase by EGP 33.3bn in 2 months
TCI, SWCC partner to develop Egypt’s first bulk cement silos terminal in Arish Port
Transcargo International (TCI), a veteran terminal operator in Egypt, has signed an agreement with Sinai White Portland Cement Company (SWCC), a subsidiary of the world’s largest white cement manufacturer, Cementir…
NM Home Real Estate, Go Ads launch new business complex in New Cairo
NM Home Real Estate, a leading real estate developer, and Go Ads, a digital marketing agency, have teamed up to launch a new business complex in New Cairo, called The…
Shell Egypt appoints Dalia El Gabry as new vice president, country chair
Shell plc has announced the appointment of Dalia El Gabry as the new Vice President and Country Chair for Shell Egypt N.V. (Shell Egypt), effective from 1 December 2023. El…
UAE field hospital in Gaza inaugurated to provide critical medical care
A state-of-the-art field hospital, established by the United Arab Emirates (UAE), was officially inaugurated in Gaza's southern city of Rafah on Saturday. The 150-bed facility, part of the UAE's humanitarian…
Egyptian Finance Ministry plans EGP 388.75bn worth T-bills, bonds auctions in December
This is part of a plan that includes offering local debt instruments worth EGP 1.263trn in Q2 of FY 2023/24
Egyptian engineering exports surge 8.5% to $3.5bn in 10M 2023
The Engineering Export Council of Egypt (EECE) has announced that engineering exports increased by an impressive 8.5% during the period from January to October 2023 (10M 2023), reaching $3.516bn compared…
Al-Sisi, Harris reject forced displacement of Palestinians in Gaza
Egypt, Armenia, Tanzania, Norway, Italy discuss recent flare-up of violence in the Gaza Strip and the West Bank
Gaza genocide continues as death toll from Israeli attacks hits 15,000
The Israeli army continued its aggression against the besieged Gaza Strip, for the second day after the end of a week-long truce. The death toll from the Israeli aggression climbed…
Egypt highlights debt burden of developing nations at COP28
Egypt's Minister of Environment, Yasmine Fouad, highlighted the debt burden of developing nations as she delivered Egypt's speech at the high-level event of the global climate inventory on the sidelines…