Who formally declares the winner of the US presidential election?
Unlike many other countries, where the president or prime minister is chosen by direct popular vote, in the United States a candidate may win the popular vote and still not…
NanoGuard: AUC research team develops long-term disinfectant
A research team from the Department of Chemistry of the American University in Cairo (AUC) developed a novel long-term dual disinfectant formula dubbed NanoGuard. The long-lasting disinfectant, now patented…
CBE receives 28 offers worth €922.8m to cover local euro-denominated T-bills issuance
The Central Bank of Egypt (CBE) received 28 offers worth €922.8m to cover an issuance of local treasury bills denominated in the European currency. CBE launched a tender worth…
Israeli occupation continues to target civilians in Gaza, Lebanon
The Palestinian Ministry of Health in Gaza said on Monday that the Israeli occupation committed three massacres against civilians in the Gaza Strip, resulting in 33 dead and 156 injured…
Egypt, Azerbaijan discuss enhancing cooperation in urban development
Egypt’s Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, met with the Chairperson of the State Committee on Urban Planning and Architecture of Azerbaijan, Anar Guliyev, and his accompanying delegation…
Egypt’s PM inaugurates Urban Expo at WUF12
Prime Minister of Egypt Mostafa Madbouly opened the Urban Expo on the sidelines of the 12th World Urban Forum (WUF) on Monday. The event also witnessed the attendance of President…
MSMEDA pumps EGP 2bn into 76,000 small, micro-enterprises in Kafr El-Sheikh over 10 years
Basel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said on Monday that the agency has funded over 76,000 small and micro enterprises in Kafr El-Sheikh…
CIB reports Q3 standalone revenues of EGP 25.2bn
The Commercial International Bank – Egypt (CIB) has reported third-quarter 2024 standalone revenues of EGP 25.2bn, up 98% from third-quarter 2023. The bank’s nine-month 2024 standalone revenues were EGP 71.4bn,…
FRA engages in community dialogue with factoring, leasing companies to discuss Basel III solvency standards
The Financial Regulatory Authority (FRA) has held a community dialogue session with representatives from factoring and leasing companies, which fall under its supervision. The session, attended by FRA Vice Chairperson…
Egypt committed to 3 priorities to ensure financial stability, boost private sector engagement: Finance Minister
Finance Minister Ahmed Kouchouk outlined Egypt’s commitment to three strategic priorities: financial stability, economic growth, and empowering the private sector during a video conference organized by EFG Hermes, attended by…
