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
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
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
Egypt’s Al-Sisi congratulates Al-Sharaa on Syrian Presidency
Egyptian President Abdel Fattah Al-Sisi congratulated Ahmed Al-Sharaa on his appointment as president of Syria during a transitional phase. The new Syrian administration announced the appointment on Wednesday, along with the suspension of the 2012 constitution. Al-Sisi expressed on social
Ramadan Drama 2025: Star-Studded Showdown among Egypt’s Biggest Names
Ramadan drama in 2025 is shaping up to be one of the most thrilling seasons in recent years, as Egypt’s top stars return to captivate audiences with a mix of gripping thrillers, classic Saidi dramas, comedic gems, and action-packed tales.
Egypt, Jordan discuss PERSGA work plan, upcoming ministerial council
Egypt’s Minister of Environment, Yasmine Fouad, and her Jordanian counterpart, Muawia Radaideh, held a virtual meeting to discuss the latest developments within the Regional Organization for the Conservation of the Environment of the Red Sea and Gulf of Aden (PERSGA).
IRSC, Sumitomo Electric partner to develop solar PV rooftops in Egypt
IRSC, a leader in renewable energy solutions and sustainability, has signed a partnership agreement with Sumitomo Electric Wiring Systems Egypt, a global manufacturer of automotive electrical systems, to design, supply, and install solar PV power plants on the rooftops of
Finance Minister highlights streamlined tax dispute resolution, investment-friendly policies
Ahmed Kouchouk, Egypt’s Minister of Finance, emphasized the government’s commitment to engaging the business community and citizens in shaping economic policies that foster development and fiscal discipline. Speaking at a dialogue session with members of Rotary Nasr City, El-Shorouk, and