Parliament abolishes old laws on 3 banks, subjects them to new banking law
The House of Representatives has passed Law No. 170 of 2023, which repeals some old laws related to the establishment of three banks: the Arab Investment Bank (AIB), the Export…
Supply Minister launches new phase of national project for strategic food warehouses in Luxor
Minister of Supply and Internal Trade Ali El-Moselhy inaugurated a new phase of the national project to build strategic warehouses for food products and laid the foundation stone for the…
SCZONE, TEDA launch $60m eco-friendly textile factory in Sokhna
The Suez Canal Economic Zone (SCZONE) and the Chinese industrial developer TEDA-Egypt have laid the foundation stone for a new textile factory in the Sokhna Integrated Industrial Zone. The factory,…
Network International invests EGP 1bn in Egypt’s digital payments sector
Network International, the leading provider of digital payments and commerce solutions in the Middle East and Africa (MEA) region, has announced a EGP 1bn investment to support Egypt’s economic growth…
Health Minister orders urgent investigation into Al-Zaytoun Hospital violations
Egypt’s Health and Population Minister, Khaled Abdel Ghaffar, has ordered an urgent investigation into the violations he witnessed during his visit to Al-Zaytoun Specialist Hospital in Cairo on Sunday. The…
Egypt, Italy discuss bilateral ties, regional challenges
Foreign Minister Sameh Shoukry and his Italian counterpart Antonio Tajani held a phone conversation on Sunday to exchange views on various bilateral and regional issues, in light of the strong…
President Al-Sisi urges industrial development, private sector support
President Abdel Fattah Al-Sisi has called for more efforts to boost Egyptian industry as a vital driver of economic growth, stressing the importance of industrial progress for the advancement of…
New EGX chairperson faces unresolved challenges
We need more cooperation with investment banks in stock market’s promotional tours: Fathallah
Egypt, Ethiopia, and Sudan resume talks on disputed Nile dam
Former Egyptian official is not optimistic ‘There are no indications that this round might succeed’
Egypt’s gov’t should not borrow money to buy wheat, says NASA scientist Farouk El-Baz
Development corridor toIlink ten major cities of Egypt, starting from Lake Nasser, then Aswan, then Sohag, and so on, going westward into the flat desert of Western Egypt
