Presidential initiative to replace obsolete vehicles costs EGP 675m: Finance Minister 

Obsolete vehicles manufactured over 20 years ago to be replaced with new natural gas-powered ones

Daily News Egypt

Telecom Egypt provides St Helena with its first subsea solution

Telecom Egypt has announced the activation of its agreement with St Helena Government (SHG) to connect the Island to Egypt’s subsea system over the Equiano submarine cable system, along with…

Mohamed Alaa El-Din

Egypt, Belarus discuss co-manufacturing products in Egyptian market

Egypt’s Minister of Trade and Industry Ahmed Samir Monday met Belarusian Deputy Minister of Industry Dmitry Kharitonchik and his accompanying delegation. They met within the activities of the third meeting…

Daily News Egypt

CIB reports consolidated net income of EGP 7.99bn in 2Q 2023

Commercial International Bank (CIB) Monday reported second-quarter 2023 consolidated net income of EGP 7.99bn, or EGP 2.38 per share. The bank’s management commented: “Building on a strong start to the…

Hossam Mounir

Egypt’s fish production hits 2 million tons, self-sufficiency at 85%

Egypt's fish production reached about 2 million tons in 2023, with a self-sufficiency rate of about 85%, the Ministry of Agriculture and Land Reclamation said in a report. The report…

Daily News Egypt

New government initiative to support tourism is under consideration: CBE

The Central Bank of Egypt (CBE) said that a new initiative to support the tourism sector by the ministries of tourism and finance is currently under consideration, pending the approval…

Hossam Mounir

Madbouly expresses Egypt’s aspiration to strengthen cooperation with IOM

Egypt offers full support to FAO and its commitments to achieve food security: Madbouly

Sami Hegazi

Late-night nibbles or snacking on highly processed foods could negatively affect health

Snacking is becoming increasingly popular, with more than 70% of people reporting they snack at least twice a day. In a new study involving more than 1,000 people, researchers examined…

Daily News Egypt

Elon Musk rebrands Twitter to X, replaces iconic bird logo

Twitter owner Elon Musk has officially rebranded the company to X, replacing the iconic bird logo with a stylized X. The move comes as part of a sweeping overhaul of…

Daily News Egypt