Hamas, Israel delegations leave Cairo after Gaza ceasefire talks – Dailynewsegypt
Delegations from Hamas and Israel departed Cairo on Thursday after two days of ceasefire negotiations, according to a high-level Egyptian source who spoke to Daily News Egypt. The discussions came amid escalating violence and increasing international pressure to de-escalate the
Dubleuse completes first phase sales of District People in New Cairo, gears up for second launch – Dailynewsegypt
Dubleuse, a leading real estate development firm, has proudly announced the sell-out of the first phase of its latest venture, District People. This project, which is a blend of commercial and administrative spaces, is strategically situated in New Cairo’s premier
Lexus May Launch Electric ES Sedan, Camry EV Could Follow
Lexus has filed trademarks that seem to indicate it is planning to launch a fully electric version of its ES sedan. The ES is the more posh version of the Toyota Camry, with which it shares its front-wheel-drive platform, so
EFG Hermes completes advisory on Spinneys $375m DFM IPO – Dailynewsegypt
EFG Hermes, the leading investment bank in the Middle East and North Africa, has completed its advisory role on Spinneys’ $375m initial public offering (IPO) on the Dubai Financial Market (DFM). The IPO was significantly oversubscribed. Spinneys, a premium grocery retail supermarket operator in
MSCI Egypt: Removal of special treatment, May 2024 QCIR preview update – Dailynewsegypt
MSCI has announced that, starting from the May 2024 Index Review, the special treatment previously applied to the MSCI Egypt Indexes, as announced on 8 May 2023, will be discontinued. This decision comes after considering market participant feedback, which indicates
Daimler Truck just debuted an autonomous electric semi-truck
Daimler Truck North America has just debuted a demonstrator electric semi-truck with autonomous driving technology.
Egypt shrinks budget deficit to 6%, improves debt-to-GDP to 95.8% in FY 2023 – Dailynewsegypt
Egypt’s budget deficit narrowed to 6% of gross domestic product in the fiscal year (FY) that ended in June 2023, Finance Minister Mohamed Maait said. The debt-to-GDP ratio also improved, falling to 95.8% in 2023 from 103% in June 2016.
Alexander Battery Technologies commissions EV Flex laser welder – Charged EVs
Manufacturing firm Alexander Battery Technologies has commissioned an IPG Photonics EV Flex advanced laser welding machine at its UK facility. The equipment enables the company to produce large custom
Trade Minister, Building Materials Chamber forge development path for Shaq El-Thu’ban region – Dailynewsegypt
In a strategic move to develop the Shaq Al-Thu’ban area, Minister of Trade and Industry Ahmed Samir convened with Sayed Abaza, Vice President of the Chamber of Building Materials Industries, and Yasser Rashid, Head of the Quarries and Mines Division.
Jordan’s PM arrives in Cairo for Egyptian-Jordanian Joint Higher Committee – Dailynewsegypt
Egyptian Prime Minister Mostafa Madbouly welcomed Jordanian Prime Minister Bisher Khasawneh at Cairo International Airport on Wednesday. Khasawneh will lead the 32nd session of the Egyptian-Jordanian Joint Higher Committee, scheduled to convene on Thursday. The two sides expressed their strong