ETA, Commercial Professions Syndicate sign protocol to regulate relations
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), and Mahmoud El-Naghi, Head of the Accounting and Auditing Division at the Syndicate of Commercial Professions, have signed a cooperation protocol to regulate accountants’ interactions with the authority. The signing
PFI Asset Management appointed for Mawared Fund
PFI Asset Management has been officially appointed as the fund manager for the Mawared Fund, effective February 18, 2025. Established in November 2009 by Housing and Development Bank, Mawared is a prominent money market fund designed to offer stable returns
Health Ministry, AstraZeneca partner to enhance Egyptian doctors’ skills
Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, witnessed the signing of a cooperation agreement between the Ministry of Health and Population and AstraZeneca Egypt to launch the “A Doctor’s Beginning” programme. Developed in collaboration with
Six newborns die in Gaza due to hypothermia, Israeli blockade: Hamas
The Islamic Resistance Movement (Hamas) announced that six newborns have died in the Gaza Strip, while several others remain in critical condition in hospitals due to severe cold and a lack of heating. Hamas attributed these deaths to what it
Egypt allocates EGP 6bn in compensation for Ras El-Hekma residents
Prime Minister Mostafa Madbouly chaired a meeting on Tuesday to assess the latest developments in the Ras El-Hekma development project in Matrouh’s North Coast. Attendees included Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir,
Egypt’s Petroleum Minister announces Zohr field development resumption
Karim Badr, Egypt’s Minister of Petroleum and Mineral Resources, has announced the resumption of development activities at the Zohr gas field following the arrival of the Saipem 10000 drillship in Egyptian waters at the end of January. After completing essential
Egypt’s Abdelatty, EU’s Brunner discuss migration cooperation
Egyptian Foreign Minister Badr Abdelatty spoke with European Union Commissioner for Home Affairs and Migration, Magnus Brunner, on Tuesday to discuss cooperation on migration issues. Abdelatty congratulated Brunner on his appointment within the new European Commission. He highlighted Egypt’s commitment
CIB successfully closes EGP 7bn Sukuk issuance for “Tasaheel”
The Commercial International Bank (CIB) has successfully completed an EGP 7bn non-sovereign Sukuk issuance for “Tasaheel” for Finance, through Alkan Securities. It is the first non-sovereign issuance of its kind. The issuance is the largest of its kind in Africa
Egypt ranks among top cybersecurity nations as internet use surges amid rising threats
Egypt has solidified its position as a regional leader in digital technology, witnessing a significant rise in internet users and achieving a top cybersecurity rating, even as cyber threats intensify. Between 2022 and 2024, Egypt saw an increase of 6.3
Al-Sisi, Hichilema discuss strengthening bilateral relations, addressing regional challenges
Egypt’s President Abdel Fattah Al-Sisi emphasized Egypt’s commitment to sharing its development expertise and providing comprehensive support to Zambia to bolster the capabilities of its workforce in key sectors. This effort will also focus on improving the efficiency of Zambian