Algeria’s Condor enters Egyptian market, plans local manufacturing
Algeria’s Condor Group has officially launched its brand in the Egyptian market, marking a new phase in its regional expansion strategy focused on investment, partnerships, and local manufacturing, rather than…
Silver drops 4.6% in Egypt amid global sell-off triggered by margin hikes: Safe Haven Hub
Silver prices in Egypt declined by 4.6% last week, tracking a sharp global downturn of nearly 9% per ounce, according to a report by Safe Haven Hub. The sell-off followed…
Universal Health Insurance approves key governance, financial, and technical measures
The Universal Health Insurance Authority (UHIA) held its 100th board meeting, during which members approved a series of regulatory, financial, and technical measures aimed at strengthening institutional governance, improving operational…
Egypt opens Braille-accessible library in Cairo under presidential directive
Egypt’s Minister of Culture, Ahmed Fouad Hanno, inaugurated the "Noon El-Sahar 2" public library in Cairo on Sunday, ordering the facility to be immediately equipped with Braille publications to mark…
Al-Sisi pledges full support for UN desertification chief in Cairo meeting
President Abdel Fattah Al-Sisi pledged Egypt’s full support for the United Nations Convention to Combat Desertification (UNCCD) during a meeting on Sunday with its Executive Secretary, Yasmine Fouad. Al-Sisi expressed…
Al Ahly Pharos advises on EGP 3.52bn Tasaheel securitization deal
Al Ahly Pharos, the investment banking arm of the National Bank of Egypt, successfully acted as financial advisor, transaction lead arranger, underwriter, and book-runner for Capital Securitization Company’s fourth securitization…
Maximising industrial asset utilisation central to Public Enterprises strategy: Minister
Mohamed El-Shimy, Minister of the Public Enterprises Sector, said that maximising the utilisation of industrial assets is a central pillar of the ministry’s strategy, aimed at enhancing the competitiveness of…
ETA outlines second package of tax facilitations, emphasises continuous dialogue
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), said the Authority remains committed to sustained consultation and continuous dialogue in connection with the second package of tax facilitation…
Egypt, Qatar sign MoU to expand cooperation in energy
Egypt and Qatar have signed a memorandum of understanding (MoU) in Doha to strengthen cooperation in the energy sector, particularly in the sale and import of liquefied natural gas (LNG),…
Transport Minister inspects progress on Cairo Metro Line 4 phase one
Kamel Al-Wazir, Minister of Transport and Minister of Industry and Deputy Prime Minister for Industrial Development, conducted an inspection tour of phase one of Cairo Metro Line 4, as part…