Hamas, Israel complete 4th batch of prisoner exchange under ceasefire agreement
As the ceasefire agreement in Gaza entered its fourteenth day, the Israeli occupation authorities released 183 Palestinian prisoners on Saturday, following the release of three Israeli detainees by the Islamic Resistance Movement (Hamas). This marks the completion of the fourth
Finance Ministry to issue 29 T-bills, bonds worth EGP 641bn in February
The Ministry of Finance announced plans to issue 29 treasury bills (T-bills) and bonds worth EGP 641bn in February to refinance maturing debt and cover the state’s budget deficit. The offerings include 16 treasury bills totaling EGP 580bn and 13
Egypt boosts domestic short-staple cotton production in East Owainat
Egypt has cultivated 2,000 acres of short-staple cotton in East Owainat as part of a project to boost domestic production and reduce reliance on imports for the textile industry. Public Enterprise Sector Minister Mohamed Shimi received a progress report on
Gold reaches new historic high, marking fifth consecutive week of gains
Gold prices have soared to a new historic high, marking a significant milestone as the precious metal increased for the fifth consecutive week. The surge comes amidst rising global tensions and uncertainty in the financial markets, driven in part by
Banque Misr launches instant money transfer service for Egyptian expats
Banque Misr has introduced a new instant money transfer service that allows Egyptians working abroad to send funds in Egyptian pounds to any bank account, card, or electronic wallet within Egypt. This service is part of the bank’s ongoing commitment
Limited-Time Deal: Get This Portable Induction Cooktop For Just $40!
Looking for a high-performance induction cooktop that delivers precise and efficient cooking in a compact form, and that won’t bust your budget? Right now, the Northmas Portable Induction Cooktop is on sale for 50% off — bringing the price down
Housing Minister orders acceleration of Al Gabal Al Asfar Plant expansion
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny inspected the Al Gabal Al Asfar Wastewater Treatment Plant, which currently has a capacity of 2.5 million cubic meters per day. He reviewed ongoing expansion efforts that will add an additional
Egypt’s consumer finance market hits EGP 47.45bn in 10M 2024, growing 25.1%
Said Zater, Chairperson of the Egyptian Federation of Consumer Finance, announced that Egypt’s consumer finance sector experienced significant growth, reaching EGP 47.45bn in the first ten months of 2024—a 25.1% increase compared to the same period in 2023. The number
Kia EV5 is sadly not coming to the US, but it will arrive next door with an NACS port
Although we were pulling for it, Kia’s affordable EV5 electric SUV will not arrive in the US. In a rare move, Kia is planning to launch the entry-level EV next door in Canada next year, and it
Egypt, Jordan, Qatar, Saudi Arabia, UAE reaffirm two-state solution, pledge Gaza reconstruction at Cairo meeting
A two-state solution for the Palestinian territories, a comprehensive reconstruction plan for Gaza, and full support for Palestinian rights were the key outcomes of a meeting of Arab League foreign ministers in Cairo on Saturday, Feb. 1. The meeting, hosted