Gaza death toll rises to 40,223 as Israel continues offensive
The death toll in Gaza due to the ongoing Israeli offensive has risen to 40,223, the Ministry of Health in Gaza reported on Wednesday. The ministry said that Israeli forces…
Egypt’s FM discusses Gaza, Sudan with UN Secretary-General, Australian counterpart
Egyptian Foreign Minister Badr Abdelatty on Wednesday held separate phone calls with UN Secretary-General António Guterres and Australian Foreign Minister Penny Wong to discuss the latest developments in the Gaza…
Al-Sisi reviews progress of “Future of Egypt” agricultural projects
Egyptian President Abdel Fattah Al-Sisi on Wednesday met with Prime Minister Mostafa Madbouly and a number of concerned ministers and officials to review the government's work programs in the agriculture…
Egypt’s MSMEDA, Aman sign EGP 100m funding agreement
Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a new cooperation agreement with Aman Holding, providing a total of EGP 100m in funding for the company to…
Egypt’s President Al-Sisi orders implementation of National Dialogue recommendations on pre-trial detention
President Abdel Fattah Al-Sisi has directed the Egyptian government to swiftly implement recommendations on pre-trial detention and criminal justice that emerged from the National Dialogue. In a statement released on…
CIB exits investment in Egypt Otsuka Pharmaceuticals, selling stake to Otsuka Group
Commercial International Bank-Egypt (CIB), Egypt’s leading private-sector bank, has announced the successful completion of its planned exit from Egypt Otsuka Pharmaceuticals (EOP), a leading player in the pharmaceutical industry and…
Naia Developments invests EGP 46bn in Egypt’s real estate market, expands portfolio
Naia Developments has announced a significant increase in its investments in Egypt, reaching EGP 46bn as part of its ambitious expansion plans. The company is also expanding its land portfolio,…
Egypt’s “Mashroa’ak” programme creates over 1.442 million jobs, aids 212,800 projects
Egypt's Minister of Local Development, Manal Awad, has highlighted the significant progress of the "Mashroa’ak" (Your Project) National Programme for Community, Human, and Local Development, which has facilitated the implementation…
Egypt’s Al-Mashat discusses climate finance strategies, COP29 preparations with EU delegation
Egypt's Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with the Head of the European Union (EU) Delegation to Egypt, Christian Berger, to discuss joint priorities and…
FABMISR profits surge 139% to EGP 15.8bn in H1 2024
First Abu Dhabi Bank Misr (FABMISR) has announced strong financial results for the first half of 2024 (H1 2024), with net profit reaching EGP 15.8bn, representing a significant 139% increase…