Egypt inks deal for first local ultrasound device factory
Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, oversaw the signing of a cooperation protocol to establish Egypt’s first ultrasound device manufacturing facility. The initiative is…
ETA, Egyptian-Chinese Business Association sign cooperation protocol to boost investment
The Egyptian Tax Authority (ETA) has signed a cooperation protocol with the Egyptian-Chinese Business Association to enhance voluntary tax compliance and foster a stable business environment conducive to economic growth.…
CIB reports full-year 2024 consolidated net income of EGP 55.2bn, up 86% YoY
Commercial International Bank (CIB) today announced its fourth-quarter 2024 consolidated net income of EGP 12.8bn, reflecting a 78% increase from the same period in 2023. Full-year 2024 consolidated net income…
Al-Sisi, Sanchez oppose Palestinian displacement, advocate Gaza reconstruction
Egyptian President Abdel Fattah Al-Sisi on Wednesday urged the international community to support rebuilding Gaza without displacing its residents, as reports emerged of internal Israeli disagreements over a US plan…
Shell Egypt promotes youth innovation, entrepreneurship at EGYPES 2025
Shell Egypt showcased its commitment to youth empowerment and sustainable innovation at EGYPES 2025, highlighting its NXplorers Awards Ceremony and the Shell Intilaaqah Egypt programme. These social investment programmes aim…
Ramadan 2025 Drama Marathon: Leading Actresses Compete for Spotlight
As the holy month of Ramadan approaches, television screens will once again be graced with a diverse array of stories, launching an intense drama marathon. This annual spectacle is not…
CBE to hold first policy meeting of 2025 amid diverging interest rate forecasts
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will hold its first meeting of the year on Thursday to discuss the future of the central bank’s…
Egyptian firms can rebuild Gaza in 3 years, without any displacements: Madbouly
Egyptian Prime Minister Mostafa Madbouly has stated that Egyptian companies can rebuild the Gaza Strip in three years, drawing on their extensive expertise. The reconstruction plan aims to avoid displacement…
Tax relief package scheduled for March: ETA chief
Rasha Abdel Aal, head of the Egyptian Tax Authority (ETA), has confirmed that the Minister of Finance is closely monitoring the implementation mechanisms of the new tax relief package, designed…
Egypt launches EGP 1bn ‘Alliance & Development’ initiative to drive regional innovation
Ayman Ashour, Minister of Higher Education and Scientific Research, has launched the competitive call for the presidential initiative 'Alliance and Development' to establish seven regional alliances aimed at stimulating innovation…
