Iran climbs to 4th spot in Intangible Cultural Heritage rankings
Iran has risen to fourth place in the global ranking of Intangible Cultural Heritage, marking its highest position to date, according to Ali Darabi, the country’s Deputy Minister of Cultural Heritage, Tourism and Handicrafts. Pars Today, a partner of TV
Large EVs Shouldn’t Be Impossible
According to various media outlets, Ford CEO Jim Farley wasn’t optimistic about the larger EV market during the company’s last earnings call. In short, the price of battery storage just isn’t coming down fast enough for Ford to see full-size
Egypt’s Finance Minister calls for fairer global policies to support emerging economies
Ahmed Kouchouk, Egypt’s Minister of Finance, has urged international financial institutions to adopt more balanced and supportive policies for emerging economies. He emphasized the need for expanded multilateral financing tools to drive sustainable development and enhance resilience against global economic
Gold declines as high interest rates dampen appeal
Global gold prices fell for the second consecutive day after reaching a record high, pressured by rising US Treasury yields and Federal Reserve Chairperson Jerome Powell’s hawkish stance on interest rates. Investors now await key US inflation data for further
NYC is giving free e-bikes to delivery workers with shoddy or illegal electric bikes
New York City’s Department of Transportation has a novel idea for helping get the most common uncertified e-bikes off the city’s streets: let their riders swap them for a safer UL-compliant electric bike for free.
more…CIB signs EGP 1.8bn financing agreement with CRC for Solana project in New Zayed
Commercial International Bank (CIB), Egypt’s leading private-sector bank, has signed a financing agreement with Construction and Reconstruction Engineering Co. (CRC), a Class A certified general contractor affiliated with Dorra Group, to fund the construction of the upcoming Solana project in
New guide to help investors understand rights, tax obligations: ETA
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), reaffirmed the Ministry of Finance and ETA’s commitment to strengthening communication with tax professionals, economic associations, and the business community. She emphasized that these entities are key partners in developing
Regional EV drivers slugged with high tariffs to charge their cars at home
EV drivers in regional Queensland are to be slugged with significantly higher tariffs for charging their car at home than their city counterparts. How is this fair?
The post Regional EV
Al Ahly Sabbour to invest EGP 10bn in 2025
Al Ahly Sabbour Developments has reported a strong performance in 2024, surpassing its annual sales target by achieving EGP 32.5bn compared to the projected EGP 30bn. The company also delivered 2,500 residential units this year and plans to hand over
Trump says Ukraine war a ‘disaster,’ hints at Saudi meeting with Putin
US President Donald Trump has called the war in Ukraine “a disaster” and hinted at a potential meeting with Russian President Vladimir Putin in Saudi Arabia in the not-too-distant future. This comes as his administration pushes for negotiations between Russia