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
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
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
Cairo Urban Week Kicks Off October 27: A Celebration of Sustainability, Art, and Urban Development
In the lead-up to the 12th World Urban Forum (WUF12), which Egypt will host in November, the United Nations Human Settlements Programme (UN-Habitat) in Egypt, in collaboration with the Cairo Governorate, is launching Cairo Urban Week on October 27. This
Egypt, China Foreign Ministers discuss cooperation, regional concerns at UN
Egypt’s Foreign Minister and Minister of Immigration and Expatriate Affairs, Badr Abdelatty, met with China’s Foreign Minister, Wang Yi, on the sidelines of the United Nations General Assembly. The two ministers expressed satisfaction with the progress of strategic relations between
Egyptian FM condemns Israeli aggression in Gaza, calls for Security Council action
Egypt’s Foreign Minister Badr Abdelatty, addressing an emergency UN Security Council meeting on the situation in Palestine on Friday, condemned Israel’s ongoing aggression against Palestinians in Gaza. Abdelatty highlighted the dire humanitarian situation in Gaza, emphasising the continued targeting of
Egypt-Germany trade exchange reaches $2.5bn in H1 2024: CAPMAS – Dailynewsegypt
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced Wednesday a 4.2% increase in the trade exchange between Egypt and Germany, reaching $2.5bn during the first half of 2024, compared to $2.4bn in the same period of 2023. In
Agriculture Minister meets Indian ambassador to foster bilateral cooperation – Dailynewsegypt
Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, received Ajit Gupta, the Indian Ambassador to Cairo, to discuss ways to enhance agricultural cooperation and related activities between the two nations. The meeting focused on advancing the agricultural partnership between
NAIA accelerates construction pace at North Coast project by 70% – Dailynewsegypt
Naia Developments has announced a significant acceleration in construction progress at its flagship project, Naia Bay, located in Ras El Hekma on the North Coast. During a recent media tour, the company showcased its commitment to delivering the first phase