Israeli airstrikes continue slaughter in Gaza as ceasefire talks persist

Israeli warplanes continued their bombardment of Gaza on Saturday, killing 34 people in the besieged Palestinian enclave. The attacks, which marked the 316th consecutive day of the Israeli offensive, come…

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UAE’s Masdar, Infinity Power to build 200-megawatt wind farm in Egypt

A consortium led by Masdar and Infinity Power will build a 200-megawatt wind farm in Egypt’s Gulf of Suez, the Egyptian Cabinet announced Saturday. The agreement, signed at a ceremony…

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New Alamein City offers housing for all, not just the wealthy: Madbouly

Egypt's Prime Minister Mostafa Madbouly has asserted that New Alamein City is not solely for the wealthy, but offers housing options for all social segments and economic levels. Speaking at…

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Egypt’s Al-Sisi discusses Gaza mediation efforts with French Foreign Minister

Egypt's President Abdel Fattah Al-Sisi met with France’s Minister for Europe and Foreign Affairs, Stéphane Séjourné, on Saturday to discuss the latest developments in the situation in Gaza and the…

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Egypt, Boeing discuss aviation cooperation, EgyptAir modernisation

Egypt's Minister of Civil Aviation, Sameh El-Hefny, met with Omar Arekat, vice president of Boeing's Commercial Sales and Marketing for the Middle East, Africa, and Turkey, to discuss mutual cooperation…

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Egypt’s Environment Minister attends workshop to prepare for COP16 Biodiversity Summit

Egypt’s Environment Minister, Yasmin Fouad, travelled to Montreal, Canada, to participate in the “Endgame Facilitation” workshop for preparations for the sixteenth Conference of the Parties (COP16) to the United Nations…

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MOPCO general assembly approves EGP 3.75 Dividend per share, outlines ambitious green expansion plans

The ordinary general assembly of the Misr Fertilisers Production Company (MOPCO) approved a dividend payout of EGP 3.75 per share for shareholders.   The Saturday assembly, which was attended by…

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Egypt’s Local Development Minister reveals simplifications for citizens, updates on Decent Life initiative

Egypt’s Minister of Local Development, Manal Awad, announced that the ministry is implementing presidential directives to simplify procedures related to building regulations across various governorates. The new measures mirror similar…

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Banque du Caire introduces exclusive ‘Tharwa ELECT’ tier for high-net-worth clients

As part of a comprehensive strategy and ambitious plan to expand its range of competitive banking products and services, Banque du Caire has announced the launch of the "Tharwa ELECT"…

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Suez Canal Bank achieves remarkable 188% profit growth, reaching EGP 1.8bn in June 2024

Akef El-Maghraby, CEO and Managing Director of Suez Canal Bank, announced impressive financial results for the bank. In June 2024, net profits surged to EGP 1.8bn, a substantial increase from…

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