The Egyptian Ministry of Environment has signed a cooperation protocol with the Egyptian Haretna Foundation for Sustainable Development. The primary aim of this partnership is to preserve the environment and natural resources, ensuring responsible (...)
In a recent meeting with the ministers of Irrigation and Foreign Affairs, Egypt's Prime Minister Mostafa Madbouly emphasized the country's commitment to fostering cooperation with South Sudan. The meeting focused on the implementation of joint (...)
Tarek El Molla, Minister of Petroleum and Mineral Resources, recently reviewed the ongoing construction of the Suez Methanol Derivatives Company's facility. Situated within the Egyptian Petrochemicals Holding Company (ECHEM) in Damietta Port, the (...)
The number of licensed vehicles in Egypt edged up 0.04 per cent to 9.95 million vehicles at the end of 2023, according to a recent bulletin by the Central Agency for Public Mobilisation and Statistics (CAPMAS).
Cairo has the most licensed vehicles (...)
City Farm, an Egyptian enterprise renowned for exporting frozen vegetables to the US, is embarking on an ambitious expansion strategy. This plan is set to broaden its market reach, starting with Kenya and extending into the European continent. The (...)
As a part of the "Decent Life" initiative by President Abdel Fattah Al-Sisi, Egypt's Ministry of Health and Population has initiated 90 free medical convoys across various governorates, from 16 to 30 April.
Hossam Abdel Ghaffar, the spokesperson for (...)
Egypt's stock exchange (EGX) closed green on Wednesday, with the main index, EGX30 rising by 0.91 per cent, to 29,667.71 points.
The small to mid-size enterprises' index, EGX70 surged by 1.18 per cent, to 6,833.69 points.
The index, EGX100 index (...)
Al Ahly Sabbour Developments, a premier real estate developer in Egypt, has unveiled its bold business plan for the year, which entails the addition of approximately 2,000 new feddan by year's end, as stated by Chairperson Ahmed Sabbour.
Sabbour (...)
شنت الإدارة المركزية للسياحة والمصايف، برئاسة الدكتور محمد عبدالرازق، حملات مكبرة بمختلف أحياء المحافظة خلال أيام عيد الفطر المبارك، وذلك بناءً على تكليفات محافظ الإسكندرية محمد الشريف، بتكثيف الحملات والرقابة علي المنشآت للتأكد من ضبط الأسعار وعدم (...)
Egypt's stock exchange (EGX) closed all green on Monday, with the main index, EGX30 going up by 1.25 per cent to 28,503.75 points.
The small to mid-size enterprises' index, EGX70 climbing 0.88 per cent, to 6,541.52 points.
The index, EGX100 index (...)
As Eid Al-Fitr's festive spirit envelops Egypt, countless Egyptians look forward to a well-earned holiday, eager to discover the myriad charms within their nation's borders. Egypt's tapestry of historical wonders, stunning natural vistas, and lively (...)
Egypt's Minister of Transportation, Kamel El-Wazir, recently inspected progress on the Alexandria Metro Phase 1 project, a critical step towards a greener and more sustainable transportation network for the historic city.
Spanning 21.7 kilometers (...)
DeFacto, a leading fashion brand with a global presence, reiterates its dedication to the Egyptian market, a key player in the regional landscape. The brand is set to enhance its investment in digital platforms and establish additional outlets (...)
The Egyptian Exchange (EGX) experienced a downturn following a brief surge, as profit-taking and sales, predominantly by Egyptian and Arab investors, led to a decline. The market's momentum was hindered by low trading volumes and insufficient buying (...)
To commemorate World Oral Health Day, celebrated each year on March 20th, Sensodyne, the No.1 dentist-recommended brand for sensitive teeth , partnered with the World Dental Federation (FDI) and its affiliated associations to host an awareness (...)
The number of Egyptian employees in the public sector decreased by 1.1 per cent in 2023 to 663,300 workers down from 671,000 workers in the previous year, the Central Agency for Public Mobilisation and Statistics (CAPMAS) reported.
The report showed (...)
Catalyst Capital Egypt, through its subsidiary CCA, is poised to secure influential minority stakes in three diverse sector companies.
CEO Abdel Aziz Abdel Nabi of Catalyst Partners disclosed to Daily News Egypt that the trio of deals, cumulatively (...)
Al Ahly Sabbour has announced the launch of the "Summer" project in Ras Al Hekma and "At-East" in Mostakbal City, with a combined investment of EGP 135bn.
In the first quarter of 2024, Al Ahly Sabbour Developments expanded its land holdings by 1,045 (...)
The Russian presidential elections are underway at the Russian Embassy in Cairo on Sunday, with four contenders vying for the position: the incumbent Russian President Vladimir Putin, Leonid Slutsky of the Liberal Democratic Party, Nikolai (...)
Three Coptic Orthodox monks were killed in a criminal attack at the Monastery of Saint Mark the Apostle and Saint Bishop Samuel in Johannesburg, South Africa, on Tuesday.
The Coptic Orthodox Church expressed its deep sorrow in a statement, offering (...)
Moody's has recently affirmed the ratings and assessments of five Egyptian banks. These include the Caa1 long-term deposit ratings for National Bank of Egypt SAE (NBE), Banque Misr SAE (BM), Banque du Caire SAE (BdC), and Commercial International (...)
The EU's total portfolio of investments in Egypt stands at approximately €1.2 billion, covering various sectors such as education, water, energy, migration, rural development, and urban development, said EU Head of Delegation to Egypt, Ambassador (...)
The Egyptian state is confident in its ability to satisfy the demand for foreign currency from now on, Egypt's Prime Minister, Dr Moustafa Madbouli, said on Thursday.
He told reporters, in a televised news conference in Alexandria Port, that the (...)
Egypt's stock exchange (EGX) closed in red notes on Wednesday, few hours ahead of signing a new loan agreement with the International Monetary Fund (IMF).
The North African country will sign a new loan programme agreement with the IMF in the next (...)
Egypt's stock market (EGX) closed in the green on Tuesday. The main index, EGX30 climbed by 0.41 per cent, to 30,668.89 points.
The small to mid-size enterprises' index, EGX70 surged by 0.14 per cent, to 7,455.56 points.
The index, EGX100 index (...)