Goods worth $32bn released from Egyptian ports in 5 months: Finance Minister
Basic commodities, food manufacturing components, medicines, production requirements considered top priority
Domestic liquidity in banking sector increases to EGP 8.14trn in May 2023: CBE
Total deposits in local currency in banks amounts to EGP 5.666trn
3 mobile giants set up factories in Egypt with 20 million devices production capacity
The Ministry of Communications and Information Technology announced that it has attracted three major mobile phone and tablet manufacturers to set up factories in Egypt. The factories, which have a…
Earth’s Shield: Ozone layer on track to recover within 40 years
Ozone layer is part of stratosphere that protects our planet from sun's ultraviolet radiation
Pickalbatros Hotels & Resorts ranked among top 100 best resorts worldwide for Russian tourists
Kamel Abu Ali, Chairperson of Pickalbatros Hotels & Resorts Group, expressed his pride in having his hotels chosen as two of the best in the world
Birds raise fewer young when spring arrives earlier in a warming world
Rising global temperatures are making it harder for birds to know when it’s spring and time to breed according to a new study published in Proceedings of the National Academy…
Baladna raises its stake in Juhayna to 15.03%
Baladna, the Qatari food industries company, has raised its stake in Juhayna Food Industries to 15.03%. Baladna bought 600,000 shares of Juhayna, with a total value of EGP 7.4m Baladna…
Egypt, Türkiye appoint ambassadors to restore diplomatic ties
Egypt and Türkiye have restored diplomatic ties after a decade-long rupture, appointing ambassadors to each other's capitals. The move comes as a sign of the warming relations between the two…
Egypt Education Platform negotiates adding 2 schools to its management portfolio
The Egypt Education Platform of the EFG Hermes and the Sovereign Fund of Egypt (TSFE) is preparing to add two new schools under its management. Sources told Daily News Egypt…
Healthcare infrastructure in 1st phase of Comprehensive Insurance System surpasses EGP 34bn
Chairperson of the Egypt Healthcare Authority, General Supervisor of the Comprehensive Health Insurance and Decent Life projects at the Ministry of Health and Population, Ahmed El-Sobky, announced that the healthcare…