Al Ahly Capital completes procedures to acquire 51% of El Sewedy’s Easy Lease

Mon, 22 Apr 2024 - 03:14 GMT

The acquisition aligns with Al Ahly Capital's strategic objective of expanding its presence in the non-banking financial services sector, explained CEO and Managing Director of Al Ahly Capital, Karim Saadeh

Egypt replies to ‘false Israeli allegations’ about smuggling weapons through borders with Gaza

Mon, 22 Apr 2024 - 03:13 GMT

Egypt has strongly denied all ‘false allegations’ that was circulated lately by several Israeli officials, including Prime Minister Benjamin Netanyahu regarding any smuggling operations of weapons, explosives, or ammunition, into the Gaza Strip from Egyptian territory.

800 Gaza students register for ‘Thanaweya Amma’ exams in Egypt

Mon, 22 Apr 2024 - 02:02 GMT

Up to 800 students from Gaza Strip have registered to take the high school exam [Thanaweya Amma] in Egypt according to the Palestinian Ministry of Education.

Sisi, Macron review latest efforts to achieve urgent ceasefire in Gaza

Mon, 22 Apr 2024 - 01:48 GMT

Egypt’s President Abdel Fattah al Sisi spoke on Monday over the phone with President of France, Emmanuel Macron.

Joint venture between Arab Organization for Industrialization and Waja Group to manufacture and sell EVs in Egypt

Mon, 22 Apr 2024 - 01:45 GMT

This partnership underscores AOI's ongoing efforts to bolster ties with fellow Arab nations, aligning with its vision to attract investments and boost export rates, in alignment with Egypt's Vision 2030

Two exceptional visits for rehabilitation centers' inmates over Sinai Liberation Day

Mon, 22 Apr 2024 - 01:16 GMT

Egypt’s Interior Ministry has announced that two exceptional visits will be arranged to all inmates of correctional and rehabilitation centers, on the occasion of the 42nd anniversary of Sinai Liberation Day, which falls on April 25 each year.

Palestinian PM praises Egypt’s ‘pivotal role’ supporting Gaza, Palestinians

Mon, 22 Apr 2024 - 12:14 GMT

Palestinian Prime Minister Muhamad Mustafa praised on Monday, the ‘pivotal role played by Egypt since the beginning of the crisis in Gaza’, which comes within the framework of the continuous support provided by Egypt to the brotherly people of Palestine.

Partnership between NCW, France, UN Women Egypt supporting national investments to end violence against women

Mon, 22 Apr 2024 - 12:01 GMT

Egypt’s President of the National Council for Women (NCW), Maya Morsy, met with, French Ambassador to Egypt Eric Chevallier, and Christine Arab, UN Women Egypt Representative in light of a new partnership with the French government and UN Women

Israel seeks to silence voices speaking about Gaza massacres: Arab League secretary general

Mon, 22 Apr 2024 - 09:58 GMT

Secretary-General of the League of Arab States, Ahmed Aboul Gheit, discussed with the UN rapporteur on the situation of human rights in Palestine, the humanitarian situation in Gaza Strip.

Egypt to witness strong rise in temperature as of Monday

Mon, 22 Apr 2024 - 09:34 GMT

the strong rise in temperature will begin gradually from today, Monday, with an increase of 5 degrees above that was witnessed on Sunday.

Egypt prepares to implement daylight saving time last Friday of April

Mon, 22 Apr 2024 - 09:21 GMT

The daylight saving time is stipulated from the last Friday of April until the end of the last Thursday of October of each calendar year.

EU amb. says returns to Austria with numbers of ‘witty friends’

Sun, 21 Apr 2024 - 11:09 GMT

Head of the European Union delegation to Egypt Christian Berger said he will return to his country, Austria, with the phone numbers of countless friends whose wit he has “never seen in any other country.”

11 defendants to be tried over false news on Arish student’s suicide

Sun, 21 Apr 2024 - 10:49 GMT

Eleven defendants have been referred to a misdemeanor court for spreading false news and rumours, likely to disturb public peace regarding the death of Naira Salah, a student at Arish University.

PM holds meeting to follow up on Egyptian-South Sudanese projects

Sun, 21 Apr 2024 - 10:34 GMT

Several Egyptian development projects are being implemented in South Sudan and other agreements are being drafted to be signed soon, according to a Sunday statement.

PM holds meeting to follow up on Egyptian-South Sudanese projects

Sun, 21 Apr 2024 - 10:34 GMT

Several Egyptian development projects are being implemented in South Sudan and other agreements are being drafted to be signed soon, according to a Sunday statement.

Egypt’s Rania Al-Mashat participates in launch of multilateral financing platform

Sun, 21 Apr 2024 - 10:16 GMT

Rania Al-Mashat, Minister of International Cooperation, participated Sunday in the launch of the multilateral financing platform of 10 development banks.

Egypt’s net foreign assets deficit fell to LE 65B in March, CBE

Sun, 21 Apr 2024 - 04:56 GMT

The Central Bank of Egypt revealed a substantial reduction in the net foreign assets (NFAs) deficit in March, marking its lowest level in over two years

FY2024/2025 public investments locked at LE 1trn to promote private sector investments, Egypt targets 3% growth by end of FY

Sun, 21 Apr 2024 - 04:28 GMT

Public investments for the upcoming fiscal year are capped at LE 1 trillion to bolster private sector involvement, aiming to raise private investment to 50 percent of total investments, up from 40 percent this year

Egypt’s Premier inspects historic, industrial projects in Damietta

Sat, 20 Apr 2024 - 09:43 GMT

Prime Minister Madbouli inaugurated the historic Damietta Bridge of Civilization on Saturday evening. Originally constructed in 1890, the bridge underwent rehabilitation as part of a contract with the Ministry of Petroleum. Designated as a historic monument by the governorate in 2007, the bridge stands as a testament to the region's rich heritage.

Egypt’s PM inspects ‘Pyramids’ factory for tires, rubber products

Sat, 20 Apr 2024 - 12:33 GMT

Madbouly affirmed that the state provides the full support for the factory to expand its production in local markets, in order to reduce the import bill, expand exports, and increase job opportunities.