Al Ahly Pharos advises on EGP 2.89bn first securitisation issuance under Capital Securitization’s 19th programme for Tasaheel
Al Ahly Pharos Investment Banking, the investment banking arm of the National Bank of Egypt, announced that it has successfully acted as the financial adviser, lead arranger, underwriter and book-runner…
Egypt coordinates to issue freedom of information law, open media dialogue
Egypt is coordinating to expedite the issuance of a freedom of information law and establish sustainable, off-budget funding for public service media, following presidential directives to open objective media dialogue…
Talaat Moustafa Group second-quarter sales rise 28% to EGP 170bn
Talaat Moustafa Group (TMG) recorded a 28% increase in second-quarter sales to EGP 170bn, up from EGP 133bn a year earlier, driven by demand for its projects across Egypt, Saudi…
Egypt uncovers 18 ancient tombs at Marina El Alamein archaeological site
An Egyptian archaeological mission working at the Marina El Alamein Archaeological Site on Egypt's northwestern Mediterranean coast has uncovered 18 ancient tombs, together with a collection of sarcophagi, surface burials…
Egypt, EU review strategic partnership, regional security and US-Iran diplomacy
Egyptian Foreign Minister Badr Abdelatty and European Commissioner for the Mediterranean Dubravka Šuica reviewed progress in the Egypt-European Union Comprehensive Strategic Partnership and exchanged views on key regional developments, including…
Iran funeral draws millions as Hormuz tensions and diplomacy remain in focus
Iran on Saturday began six days of funeral ceremonies for Supreme Leader Ali Khamenei, with authorities expecting millions of mourners to attend nationwide, while regional diplomacy and tensions over the…
Egypt opens new Strategic Command in New Capital; Al-Sisi outlines post-IMF economic plan
Egyptian President Abdel Fattah al-Sisi inaugurated the State's Strategic Command in the New Administrative Capital on Saturday. He used the occasion to outline a post-International Monetary Fund economic plan. Moreover,…
French heatwave linked to over 2,000 excess deaths in a single week
An exceptional heatwave that struck France in June has resulted in more than 2,000 excess deaths within a single week, the French Public Health Agency announced on Friday in its…
US marks 250 years amid stark contrast: Trump attacks progressive ‘threat’ while Pope Leo defends migrants
As the United States marked its 250th anniversary, President Donald Trump used a Mount Rushmore address to warn of a "communist threat" from progressive Democrats and vow the deportation of…
Trump hints at reviving F-35 and engine deals with Türkiye ahead of Ankara NATO summit
US President Donald Trump indicated he may announce significant defence agreements—potentially reviving a stalled F-35 fighter jet sale and supplying F-110 aircraft engines—during his upcoming visit to Ankara for the…