GCC firms weather economic storm better than European peers

Corporate distress has stabilised in Saudi Arabia and the United Arab Emirates but the number of underperforming companies is rising, according to a new report. Alvarez & Marsal’s bi-annual Distress…

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Health Minister launches operating evening clinics service in hospitals

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, launched on Wednesday, the service of operating evening clinics in hospitals affiliated with the Therapeutic Medicine Sector…

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17th National Egyptian Theatre Festival kicks off honouring theatre icon Samiha Ayoub

Egypt’s Minister of Culture, Ahmed Hanno, has officially opened the 17th National Egyptian Theatre Festival, a vibrant celebration of the nation’s rich theatrical heritage. This year’s festival is a poignant…

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New Jersey Developments launches EGP 50bn North Coast project

New Jersey Developments has announced plans for a new EGP 50bn residential project on Egypt’s North Coast, named Jamila. The development is part of the company’s wider strategy to expand…

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Madbouly follows up on implementation of western arc of Omar Suleiman Axis in Alexandria

During his visit to inspect the development works at Borg El Arab International Airport, Prime Minister Mostafa Madbouly followed up on the implementation status of the western arc project of…

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Electricity, Agriculture Ministers discuss solar-powered solutions for Egyptian poultry farms

Egypt’s Electricity and Agriculture Ministers met Wednesday to discuss challenges facing the poultry sector and announced plans to install solar panels on poultry farms across the country. The meeting, held…

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Egypt’s Petroleum Minister, EBRD discuss renewable energy project funding

Egypt’s Petroleum and Mineral Resources Minister Kareem Badawi met with European Bank for Reconstruction and Development (EBRD) executives to discuss boosting cooperation on energy transition and mining. Badawi held talks…

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India’s Ostwal Group eyes $300m fertiliser plant in Egypt: El-Khatib

India’s Ostwal Group of Industries is considering building a $300m fertiliser plant in Egypt, the country’s investment minister said Wednesday. The proposed facility would have an annual production capacity of…

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Al-Wazir addresses investor demands, transportation needs in Robbiki Leather City

Kamel Al-Wazir, Vice Prime Minister for Industrial Development and Minister of Industry and Transport, has conducted an extensive inspection of Robbiki Leather City to address investor demands and improve the…

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Death toll due to ongoing Israeli raids in Gaza rises to 39,445 civilians

Israeli raids continued on various parts of the Gaza Strip, killing and wounding people, while the Ministry of Health in the Strip reported that the number of victims in the…

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