Final marine loading arm for ‘Winter’ regasification unit arrives in Cairo
Minister of Petroleum and Mineral Resources Karim Badawi has announced the arrival of the final marine loading arm designated for Egypt’s fourth floating regasification unit, known as “Winter”, marking a…
10 Egyptian stocks outperform gold, real estate, and savings certificates in Q2 2025
Ten stocks listed on the Egyptian Exchange (EGX) posted exceptional gains during the second quarter of 2025, with share prices soaring by more than 70%—significantly outperforming traditional investment options such…
Industrial, hospitality expansions in Damietta aim to maximise value of state-owned assets: El-Shimy
Minister of Public Enterprises Sector Mohamed El-Shimy conducted an inspection visit to the Damietta Spinning and Weaving Company (Damiatex), a subsidiary of the Cotton, Spinning, Weaving and Garments Holding Company.…
Over 215,000 projects funded under Mashrouak, exceeding EGP 33bn in May: Minister
Minister of Local Development Manal Awad has reviewed a progress report on the National Project for Community, Human, and Local Development—known as Mashrouak—from its inception in 2015 through to the…
Journey through time: Discover India’s soul at National Museum in New Delhi
New Delhi – Imagine stepping through a portal that whisks you back thousands of years, then gently brings you forward through epochs of empires, artistry, and everyday life. That’s exactly…
Gaza ceasefire hopes rise amid intensifying Israeli strikes, mounting death toll
On the 638th day of the war in Gaza, Israeli air and ground operations continued across the besieged enclave, killing dozens and injuring hundreds, even as fresh signs emerged of…
Industrial Development Bank posts EGP 1.7bn in pre-provision profits for 2024
The Ordinary and Extraordinary General Assemblies of the Industrial Development Bank (IDB) have approved the bank’s standalone and consolidated financial statements for the fiscal year ending 31 December 2024, along…
ADIB Egypt publishes second sustainability report for 2024
In a move that reaffirms its leadership in sustainable Islamic banking, Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has released its second annual Sustainability Report for 2024, aligning with…
Capital market, non-banking financial activities hit EGP 384bn in April 2025
The Financial Regulatory Authority (FRA) announced that total capital market and non-banking financial activity volumes reached EGP 384bn in April 2025. According to an official statement, the figure includes EGP…
Egypt, Norway hold informal talks ahead of global plastic treaty negotiations
Egypt’s Minister of Environment, Yasmine Fouad, held a virtual meeting with Norwegian Minister of Climate and Environment, Andreas Bjelland Eriksen, as part of ongoing informal consultations in preparation for the…