Death toll in Gaza reaches 27,365 amid ongoing Israeli aggression – Dailynewsegypt
The Ministry of Health in Gaza said on Sunday that the Israeli aggression has killed 27,365 people and injured 66,630 others since 7 October. It said that the occupation forces committed 14 massacres in Gaza, killing 127 and wounding 178
E1 Jeddah GP results: UIM’s first electric boat race concludes with familiar faces on the podium
Friday and Saturday kicked off the inaugural season of the first-ever electric boat racing league when the first eight teams in the UIM E1 Championship Series motored, foiled, and splashed across the
CBE raises interest rates to curb inflation amid financial control measures – Dailynewsegypt
The Central Bank of Egypt (CBE) anticipates persistent inflationary pressures in the Egyptian market due to financial control measures and supply-side factors. It also noted that the domestic liquidity growth rate, which exceeded its historical average, added to the inflationary
Abu Dhabi Islamic Bank leads EGP 5.5bn financing deal for Giza Systems, VAS Integrated Solutions – Dailynewsegypt
Deal represents first dual-structured financing compatible with Islamic Sharia in Egypt in Mudaraba, Murabaha forms
New EV batteries use cost-effective niobium additives in the cathode – Charged EVs
New battery chemistries using niobium oxide in the cathode active materials are nearing completion in Asia, according to CBMM, a niobium manufacturer and seller. Since 2019, CBMM has seen
Local liquidity in Egyptian banking sector grows by EGP 1.5trn in 2023 – Dailynewsegypt
The Egyptian banking sector saw an increase of EGP 1.475trn in domestic liquidity, reaching EGP 8.877trn in December 2023, up from EGP 7.402trn in December 2022. According to a recent report by the Central Bank of Egypt (CBE), the money
NBE, Banque Misr raise EGP 565bn from high-interest certificates in one month – Dailynewsegypt
The National Bank of Egypt (NBE) and Banque Misr have raised EGP 565bn from the sale of savings certificates with 23.5% and 27% annual returns until last Thursday. Banque Misr’s Chairperson Mohamed El-Etreby said that his bank sold certificates worth
Ford U.S. EV Sales Decreased 11% In January 2024
In January, the Ford brand sold 145,632 vehicles in the U.S., about 3.6% more than a year ago. However, its battery-electric vehicles (BEV) sales noted a weak start to the year.
Last month, Ford sold 4,674 all-electric vehicles, 11% less
Man stabs three at Paris’ Gare de Lyon, motive unclear – Dailynewsegypt
Three people were injured, one seriously, in a stabbing attack at the Gare de Lyon train station in Paris on Saturday morning. The attacker, who was carrying a knife and hammer, has been arrested. Paris police chief Laurent Nunez said
CBE to launch $1bn tender for local treasury bills in US currency – Dailynewsegypt
The Central Bank of Egypt (CBE) will launch a tender for local treasury bills in US currency worth $1bn on Monday, with a maturity of one year, ending on 5 February 2025. The CBE received 31 bids worth $1.02bn for