Rapid regional developments impact economy: Prime Minister
Egypt’s Prime Minister Mostafa Madbouly chaired a government meeting on Wednesday, at the Cabinet headquarters in the New Administrative Capital. Madbouly stated that the rapid developments in the region created an exceptional circumstance that impacted the economic conditions of several
Egyptian banking sector shows strong financial indicators, surpassing regulatory benchmarks: CBE
A financial stability report issued by the Central Bank of Egypt revealed the continued resilience of Egypt’s financial system—both banking and non-banking sectors—in performing its core function of financial intermediation throughout fiscal year 2023 and into the first quarter of
Egypt’s Environment Minister reviews updates of ‘Safe Haven’ project in Fayoum
Egypt’s Minister of Environment, Yasmine Fouad, held a meeting with Princess Alia bint Al Hussein of Jordan and Ahmed Al Ansari, Governor of Fayoum, via video conference to review the latest developments in environmental investment in nature reserves and prepare
Record Xpeng Sales in September!
Xpeng enjoyed a big boost in sales from the new MONA M03 in September, leading the Chinese smart EV startup to a new monthly sales record. Xpeng scored 21,352 deliveries last month, and more than 10,000 of those were the
Bedier, Fouad, Labib, and Khorshid: Artists on the Frontline
The October War of 1973 stands as a significant milestone in the Arab-Israeli conflict, showcasing the remarkable courage and sacrifice of Egyptian soldiers. Among the heroes who played a pivotal role in shaping the narrative of victory are notable figures
WhatsApp Introduces Filters and Backgrounds for Video Calls
WhatsApp is rolling out new filters and backgrounds for video calls, aiming to add more personality and expressiveness to conversations. The new effects will allow users to change their background or add a filter during a video call, giving them
Tesla is still dominant in Sweden despite dragging unionization battle
Tesla remains a dominant force in Sweden’s auto market despite a unionization battle that has been dragging on for almost a year now.
more…Calls for Global Action to Address The Harmful of Traditional Smoking by Promoting Smoke-free Products
Calls have recently increased for the need of global action to address smoking as a serious global health problem, especially in light of the proven scientific evidence on the importance of smoke-free products as a less harmful alternative compared to
CBE reports $9.7bn BoP surplus for FY 2023/24
Despite the current economic and political challenges on the global front, the transactions of the Egyptian economy with the external world achieved an overall BoP surplus of $9.7bn during FY 2023/2024, according to the Central Bank of Egypt (CBE). The
New Chinese brand Deepal to launch electric SUV under new Australian distributor
Another new electric SUV to land in Australia in 2024, thanks to Changan Deepal partnership with a renowned automotive distributor.
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