AngloGold Ashanti to acquire Centamin in $2.5bn deal
AngloGold Ashanti, a US-listed global miner, is buying Centamin, a smaller rival focused on Egypt, in a $2.5bn stock and cash deal, the companies announced Tuesday. The acquisition marks AngloGold…
Egypt’s annual urban inflation increases to 26.2% in August
Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) said on Tuesday that the annual urban inflation increased for the first time in five months, reaching 26.2% in August 2024,…
The Quiet War Against Press Freedom in the US from Bush to Biden
A.G. Sulzberger, the publisher of The New York Times, has expressed serious concerns about what he refers to as a "quiet war" on press freedom in the United States. This…
The Illusion of Democracy: How Social Media and Tech Giants Manipulate the US Electorate
Over the past decade, social media networks and platforms have demonstrated that their influence on public opinion regarding various issues and crises, whether positive or negative, often surpasses and, in…
Madbouly reviews preparations for World Urban Forum in Cairo
Egypt's Prime Minister Mostafa Madbouly chaired a meeting on Tuesday to review preparations for the 12th session of the World Urban Forum (WUF12), scheduled for November 4-8, 2024 in Cairo.…
Egypt’s Al-Mashat, IFC discuss private sector role in water desalination projects
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with a delegation from the International Finance Corporation (IFC) to discuss ways to increase private sector participation in…
HSA Group acquires majority stake in Egyptian biscuit maker Bisco-Misr from Kellanova
Hayel Saeed Anam Group & Co. (HSA Group) has signed an agreement to purchase Kellanova's majority stake in the Egyptian Food Company - Bisco-Misr, one of the region's leading biscuit…
Egypt’s Abdelatty, EU’s Johansson discuss deeper cooperation on migration
Egypt and the European Union have pledged to deepen their cooperation on migration, focusing on tackling irregular migration, promoting legal pathways, and supporting the human rights of migrants and refugees.…
Egypt’s Foreign Minister, Sudanese counterpart, discuss Sudan crisis
Egyptian Foreign Minister Badr Abdelatty received his Sudanese counterpart, Hussein Awad, on Monday at the Ministry of Foreign Affairs in Cairo for a session of talks focusing on the ongoing…
El-Enany outlines plans for UNESCO leadership, citing Egypt’s rich heritage
Former Egyptian Minister of Antiquities Khaled El-Enany, a candidate for the position of UNESCO Director-General, has outlined his plans for leading the organisation, emphasising Egypt's rich history and diverse heritage…
