GCF approves financial aid of $2.687bn to Egypt, other countries

The Green Climate Fund (GCF) approved the financing proposals for the multi-country programmes: Greening Financial Systems, the Smart Resilient Agriculture Investment Fund, and the Resilient Water Infrastructure Expansion Facility, to…

Daily News Egypt Daily News Egypt

North Korea slams US for military drill with allies

Xinhua —The Foreign Ministry of North Korea on Saturday condemned the United States for the latest military drill conducted with its allies, along with other provocations, saying these actions exacerbated…

Xinhua Xinhua

Senegalese president pledges “free, democratic and transparent” legislative elections

Xinhua —Senegalese President Bassirou Diomaye Faye on Friday pledged that the upcoming legislative elections on Nov. 17 will be "free, democratic and transparent." In a statement at the Palace of…

Xinhua Xinhua

Sudan RSF militias kill 50, injure 200 in Gezira state: Non-governmental groups

A village in central Sudan was the scene of a deadly attack by the Rapid Support Forces (RSF) militia on Friday, resulting in the deaths of over 50 civilians and…

Daily News Egypt Daily News Egypt

Over a quarter of Americans fear civil war after presidential election: poll

Xinhua —With less than two weeks before Election Day, a new poll showed a disturbing result that more than a quarter of Americans believe civil war might break out after…

Xinhua Xinhua

Can Egypt negotiate changes to its IMF deal?

Since President Abdel Fattah Al-Sisi asked the government to review Egypt's agreement with the International Monetary Fund, several questions have surfaced, the most important of which is whether Egypt is…

Mohamed Abdel Aal Mohamed Abdel Aal

MSMEDA finances 14,500 small, micro projects with EGP 508.7m in Port Said

Basil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said that the agency pumped EGP 508.7m into 14,500 small and micro projects in Port Said over…

Daily News Egypt Daily News Egypt

CIB signs credit facility to finance Flex Asepto Egypt

The Commercial International Bank (CIB) announced signing a credit facility contract with one of the companies of the U Flex Group, one of the largest packaging groups in the world.…

Daily News Egypt Daily News Egypt

Industry accounts for 57% of bank loans in March: CBE

The industrial sector accounted for 57% of the banking sector's loans, amounting to about EGP 6.8tn in March 2024, according to the Central Bank of Egypt (CBE). In its recent…

Hossam Mounir Hossam Mounir

From ribbons to impact: Maintaining pink momentum beyond Breast Cancer Awareness Month

In recent years, the pink ribbon has become synonymous with the fight against breast cancer. Simple yet powerful, the ubiquitous symbol represents crucial conversations about women’s health and overall well-being…

Tracy Goodridge Tracy Goodridge