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 (...)
Egypt's Minister of International Cooperation and Governor of Egypt at the European Bank for Reconstruction and Development (EBRD) Rania Al-Mashat met with representatives of the Bank's Board of Directors to review the outcomes of their six-day (...)
Egypt's stock market (EGX) closed in the red on Wednesday. The main index, EGX30 dropped by 1.13 per cent, to 28,876.46 points.
The small to mid-size enterprises' index, EGX70 declined by 3.36 per cent, to 7,289.29 points.
The index, EGX100 index (...)
Egypt's stock exchange (EGX) closed mixed on Monday, with the main index, EGX30 climbing by 3.92 per cent to 28,931.92 points.
The small to mid-size enterprises' index, EGX70 surged by 0.42 per cent, to 7,576.15 points.
The index, EGX100 index (...)
I'd like to congratulate the UAE government and people on the historic agreement reached with Egypt for the development of the city of Ras El Hekma, west of Alexandria. Also, I'd like to express my amazement at the UAE's extraordinary progress in (...)
The inaugural Alexandria Photo Week, held from February 1st to 10th, drew a remarkable 15,000 visitors, showcasing the city's vibrant photography scene and rich history to a diverse audience. Organized by Photopia under the auspices of several (...)
AdMazad, the developer of Egypt's only out-of-home (OOH) advertising performance measurement and analytics tool – AdMetrics, released its annual market report, revealing that the total outdoor advertising rental in 2023 reached a record high of EGP (...)
Indian Ambassador to Egypt, Ajit Gupte, said in an interview with Daily News Egypt that the Egyptian Government has implemented several structural reforms to boost FDI and private investment, such as legislative changes to enhance the Ease of Doing (...)
The CIB Foundation, led by Executive Vice President and Managing Director Amr El-Ganini, has signed a protocol with the Raei Misr Organisation for Development to finance the second phase of the "Healthy Children" project. The project aims to provide (...)
iFix, a leading Egyptian company that specialises in electronic device maintenance, is looking to expand its operations to three African countries: Kenya, Nigeria, and Ghana soon. The company aims to diversify its income sources in foreign currency (...)
Talaat Moustafa Group (TMG) announced that its hospitality arm, Icon, has acquired a 51% majority stake and full management rights in Legacy Hotels, through a capital increase. Icon transferred the agreed amount to a reserved account in the Egyptian (...)
Egypt's stock market (EGX) closed in the red on Sunday.
The main index, EGX30 dropped by 0.75 per cent, to 28,199.04 points.
The small to mid-size enterprises' index, EGX70 fell by 0.38 per cent, to 6,859.73 points.
The index, EGX100 index declined (...)
Egypt's stock market closed in the red area on Tuesday. The main index, EGX30 dropped by 1.43 per cent, to 27,270.63 points.
The small to mid-size enterprises' index, EGX70 declined by 0.93 per cent, to 6,759.5 points.
The index, EGX100 index fell (...)
Egypt's stock market closed mixed on Sunday. The main index EGX30 fell by 3.03 per cent to 27,573.5.
The small to mid-sized enterprises' index, EGX70, rose by 0.80 per cent to 6,683.1.
EGX100 climbed by 0.23 per cent to 9,384.41.
The market cap (...)
Egypt's General Authority for Alexandria Port received on Sunday CMA CGM Theodore Roosevelt container ship (T. Roosevelt) for the first time, which is the largest container ship received by the port, a cabinet statement said on Sunday.
CMA CGM T. (...)
* It is essential to handle export and import files properly, with a greater emphasis on the import file, which suffers the most.
* We are at a disadvantage since our overseas "commercial representation" is not fulfilling its mandate, preventing (...)
ارتفعت معدلات البحث نتيجة الشهادة الاعدادية الفصل الدراسي الأول، على موقع جوجل الوقت الحالي بسبب بحث الآلاف من الطلاب وأولياء الأمور.
واعتمدت عدد من المحافظين نتيجة الشهادة الإعدادية 2024 للفصل الدراسى الأول التيرم الأول حيث يتسائل الطلاب عن كيفية (...)
The European Bank for Reconstruction and Development (EBRD) has approved a senior unsecured loan of up to $5m (€4.6m) to Tanmeyah Microenterprise Services under the Financial Intermediaries Framework (FIF). The loan has a tenor of 3 years, including (...)