Archaeological mission discovers Ptolemaic Temple in Sohag

A joint Egyptian-German archaeological mission, involving the Supreme Council of Antiquities and the University of Tübingen, has uncovered a complete Ptolemaic temple during excavations on the western side of the…

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Egypt hosts 2nd Global Dialogue on AI Governance

Amr Talaat, Egypt's Minister of Communications and Information Technology, presided over the closing session of the second Global Dialogue on Artificial Intelligence (AI) Governance. Held in Egypt from 19 to…

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US Academy for Women Entrepreneurs Conference highlights commitment to Egypt’s economic prosperity

The US Embassy in Cairo hosted the Academy for Women Entrepreneurs (AWE) Conference 2024 at the AUC Tahrir Campus in Cairo. The event was inaugurated by US Ambassador Herro Mustafa…

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28th Glimpses of India painting competition held across Egypt

The Maulana Azad Centre for Indian Culture (MACIC), under the Embassy of India in Cairo, organized the 28th edition of the Glimpses of India painting competition. This event engaged Egyptian…

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Egypt, South Korea promote public e-procurement system

The Korea International Cooperation Agency (KOICA), South Korea’s official development aid agency, held a “High-Level Stakeholder Briefing Ceremony on the E-Procurement System in Egypt” on 21 November. The event was…

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ADIB Egypt invests EGP 1bn in technological infrastructure, digital transformation

Abu Dhabi Islamic Bank Egypt (ADIB) has announced plans to invest approximately EGP 1bn in technology and digital transformation, alongside expenditures on cybersecurity enhancements. This announcement was made during the…

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Saib Bank achieves net profit of EGP 1.28bn in September 2024, with 118% growth

Saib Bank reported a 118% increase in net profit, reaching EGP 1.28bn, equivalent to $26.55m, in September 2024, compared to EGP 588m, equivalent to $19.05m, in September 2023. The bank…

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Islamic banking in Egyptian market increases to EGP 1.080trn in September 2024

The Egyptian Islamic Finance Association (EIFA) reported that the volume of Islamic banking in the Egyptian market, including sukuk, surged to EGP 1.080trn in September 2024, reflecting a remarkable growth…

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Inflation to stabilize until late 2024 despite upward risks: CBE

The Central Bank of Egypt (CBE) expects inflation to stabilize at its current levels until the end of 2024, despite facing upward risks such as geopolitical tensions and a potential…

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Palm Hills and Marriott International Unveil The Ritz-Carlton Residences in West Cairo

West Cairo will soon welcome a new icon of luxury living, offering breathtaking views of the Pyramids of Giza and unmatched hospitality amenities.

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