Death toll mounts in Gaza as Israeli strikes continue, mediation efforts intensify
The Ministry of Health in Gaza reported on Saturday that 130 people had been killed and 263 injured in Israeli strikes in the past 48 hours, as emergency teams continued to face significant challenges reaching victims trapped under rubble and
HSBC introduces pioneering liquidity solution for Middle East corporates, advancing real-time treasury management
HSBC has unveiled an innovative cash concentration solution designed to help corporate clients navigate the Middle East’s accelerating digital transformation. The HSBC Seven-Day Cash Concentration Solution empowers businesses to automate in-country liquidity management every day of the week, including weekends
Egypt, India set ambitious trade target of $12bn in five years, up from $4.2bn
Egypt and India have set an ambitious target to increase bilateral trade from $4.2bn in 2024 to $12bn over the next five years. This goal was outlined during a meeting between Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib,
Military Production Minister pledges investment growth, industry modernization
Mohamed Salah El-Din Mostafa, Minister of State for Military Production, affirmed that Abu Zaabal Engineering Industries Company (Factory 100 Military) is a cornerstone of Egypt’s engineering and steel production sector. As a leading industrial entity in the Middle East, the
US launches ‘successive’ strikes against Houthi targets in Yemen
The United States has launched a series of strikes against Houthi targets in Yemen, residents said on Sunday, with American fighter jets targeting multiple areas and neighbourhoods, including in the governorates of Sanaa, Saada, al-Bayda, and Dhamar. Eyewitnesses reported that
Egypt calls for political solution to Russia-Ukraine War
Egypt has affirmed the importance of political solutions to international crises, with particular emphasis on the Russia-Ukraine war. Egypt has been following with interest the consultations that took place in Saudi Arabia aimed at reaching understandings to end the conflict.
Abdelatty outlines priorities for Egyptian foreign policy
Egyptian Minister of Foreign Affairs Badr Abdelatty met with senior officials from the Ministry on Monday, to review operations and discuss key foreign policy priorities. The meeting included Deputy Ministers of Foreign Affairs, Assistant Ministers for geographical and technical sectors,
ECA hosts EU delegation to discuss national competition strategy
The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors. The delegation, headed by Annika Eriksgaard, Head of the Directorate-General
Daikin expands presence in Egypt with new headquarters
Daikin, a global leader in high-quality air conditioning, heating, ventilation, and refrigeration (HVAC-R) solutions for residential, commercial, and industrial applications, has officially inaugurated its new headquarters in New Cairo City, Egypt. Strategically located in Marakez District 5, the upgraded facility
Hamas confirms release of delayed batch of Palestinian detainees on Thursday
The Islamic Resistance Movement (Hamas) has announced that the release of the seventh batch of Palestinian detainees will take place on Thursday, alongside the handover of the bodies of four Israeli hostages. Hamas stated that the exchange will follow newly