Egypt, Nigeria sign key agreements at EIAS 2024
Egypt and Nigeria have taken steps to strengthen their cooperation in the aviation and defence sectors, with the signing of key agreements during the Egypt International Airshow (EIAS 2024). One…
Egypt bolsters airlift capabilities with acquisition of C-130J-30 Super Hercules aircraft
The Egyptian Armed Forces have announced the acquisition of two C-130J-30 Super Hercules tactical airlifters from Lockheed Martin, marking a significant expansion of the country's airlift capabilities. This came on…
Egyptian Company unveils locally-made drones, smart munitions
Egyptian company Robotics Engineering Systems (RES) showcased its locally manufactured drones and smart munitions at the first edition of the Egypt International Airshow (EIAS 2024), which was held at El…
CBE expects significant inflation decline in early 2025
The Central Bank of Egypt (CBE) has projected a significant decrease in inflation during the first quarter of 2025, attributed to the cumulative effects of its monetary tightening policies and…
Egyptian banking sector’s financial position surges to EGP 18.387trn in April 2024: CBE
The Central Bank of Egypt (CBE) has revealed a surge in the total financial position of banks operating in the local market, excluding the CBE itself, to EGP 18.387trn in…
Egypt International Airshow Partnerships, advanced systems take centre stage
The second day of the Egypt International Airshow 2024, held at Alamein International Airport, saw a flurry of activity as companies from various nations showcased their latest innovations and forged…
CBE to decide on interest rate today amid expectations of third consecutive hold
The Central Bank of Egypt (CBE) will determine on Thursday, the fate of the Egyptian pound's interest rate. Market analysts widely anticipate that the CBE will opt to maintain the…
Israel escalates offensive in West Bank, Gaza, settlers perform Talmudic rituals in Al-Aqsa
The Israeli occupation army has decided to extend its military operation in Jenin, north of the occupied West Bank. According to the Hebrew website "Walla", the army has reinforced…
Al-Sisi, Erdogan discuss bilateral relations, regional issues during historic meeting in Ankara
Egypt’s President Abdel Fattah Al-Sisi and his Turkish counterpart Recep Tayyip Erdogan chaired the first meeting of the High-Level Strategic Cooperation Council between the two countries in the Turkish capital…
Study shows how oceans are key to addressing global challenges
New research shows how oceans can be used to help address major challenges such as the shortage of antimicrobial medicines, solutions for plastic pollution, and novel enzymes for genome editing.…
