Al-Sisi, Sanchez oppose Palestinian displacement, advocate Gaza reconstruction
Egyptian President Abdel Fattah Al-Sisi on Wednesday urged the international community to support rebuilding Gaza without displacing its residents, as reports emerged of internal Israeli disagreements over a US plan to relocate Palestinians. Speaking at a press conference in Madrid
CIB reports full-year 2024 consolidated net income of EGP 55.2bn, up 86% YoY
Commercial International Bank (CIB) today announced its fourth-quarter 2024 consolidated net income of EGP 12.8bn, reflecting a 78% increase from the same period in 2023. Full-year 2024 consolidated net income reached EGP 55.2bn, or EGP 16.4 per share, marking an
“Our Uncle Salah Jahin”: National Centre for Translation Tribute to Egyptian Cultural Icon
The National Centre for Translation, directed by Karma Sami, hosted a celebration on Wednesday honouring the multifaceted artist Salah Jahin, titled “Our Uncle… Salah Jahin”. Held in the Taha Hussein Hall at the centre’s headquarters in Cairo’s Opera House Square,
Egypt, Germany discuss strengthening cooperation on water management
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, met on Wednesday with Mario Sander, Head of the Middle East and North Africa Department at the German Federal Ministry for Economic Cooperation and Development, to explore ways to enhance bilateral
Egypt advances development of Sokhna–Dekheila logistics corridor
Egypt’s Ministry of Transport is moving forward with the development of the integrated Sokhna–Alexandria container logistics hub, a cornerstone of the country’s strategic vision to strengthen its global trade position. The project aims to establish a seamless connection between the
Egypt aims for 30 million tourists annually as U Hotels expands in Alexandria
Egypt’s tourism sector is ramping up efforts to achieve the Ministry of Tourism’s 2030 vision, targeting an annual capacity of 30 million tourists and generating $30bn in revenue. This ambitious goal is being pursued through strategic expansions in hotel capacity
Egypt’s cabinet approves air services agreement with New Zealand
The Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, held its 32nd meeting on Wednesday and approved several key decisions to enhance international cooperation and drive national development. One of the major approvals was a draft presidential decree for a
Egyptian firms can rebuild Gaza in 3 years, without any displacements: Madbouly
Egyptian Prime Minister Mostafa Madbouly has stated that Egyptian companies can rebuild the Gaza Strip in three years, drawing on their extensive expertise. The reconstruction plan aims to avoid displacement of Palestinians. Madbouly, speaking at a Wednesday press conference following
Egypt prioritizes land route project with Chad to strengthen trade, economic integration
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, began his visit to N’Djamena, Chad, by participating in the opening session of the International Forum for Infrastructure Development of Chad (FIDIT). The event was attended
Egypt, Croatia sign MoU to strengthen bilateral investment ties
Egyptian Prime Minister Mostafa Madbouly and Croatian Prime Minister Andrej Plenković witnessed the signing of a Memorandum of Understanding (MoU) between Egypt’s General Authority for Investment and Free Zones (GAFI) and Croatia’s Ministry of Economy and Sustainable Development. The agreement