Contact Financial Holding Q1 income hits EGP 443m, insurance premiums soar 59% – Dailynewsegypt
Contact Financial Holding, Egypt’s leading non-banking financial services provider, reported a robust performance in the first quarter of 2024, with total operating income reaching EGP 443m. The group’s total financing portfolio grew to EGP 20.9bn, marking a significant 24% increase year-over-year. The insurance sector, encompassing Sarwa
Orascom Development Egypt reports 41.4% revenue increase in Q1 2024 – Dailynewsegypt
Orascom Development Egypt (ODE) has commenced the year with strong financial results, reporting a revenue of EGP 4.2bn in the first quarter (Q1) of 2024, marking a year-over-year (y-o-y) increase of 41.4%. The company’s gross profit rose by 29.4% y-o-y
UAE Billiards Federation Selects Top Three Players for International Championships – Dailynewsegypt
The UAE Billiards Federation concluded its ranking tournament on Sunday, selecting the top three players for the national team. Mahmood Sharif secured first place, followed by Talal Al Balushi and Abdullah Juma. The trio will represent the UAE in the upcoming West
India and Iran to Ink 10-Year Chabahar Port Management Deal – Dailynewsegypt
India and Iran are set to sign a 10-year agreement for India to manage the Chabahar port, marking a significant development in bilateral cooperation with potential geopolitical implications for the region. The Chabahar port is seen as a crucial link between India and Afghanistan, Central Asia, and the wider
Russia, Egypt Discuss BRICS Expansion Under Russian Chairmanship – Dailynewsegypt
Russia and Egypt held talks on the expansion and cooperation within the BRICS group of nations, as Russia assumed its 2024 presidency of the association. Russian Deputy Foreign Minister Sergey Ryabkov met with Egyptian Ambassador to Moscow Nazih El-Nagari to discuss these issues, according
Automakers Continue To Lobby For Global Heating, Against EVs – CleanTechnica
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We’ve turned a big corner when it comes to electrification of the auto industry. Just 5–10 years ago, automakers were largely laughing at electric cars,
Seventh shipment of Pakistani aid arrives in Egypt for Gaza – Dailynewsegypt
Pakistan delivered its seventh consignment of humanitarian aid to the Egyptian Red Crescent on Wednesday, destined for onward distribution to Palestinians in Gaza. The shipment, which arrived at Port Said, includes essential food, medicine, hygiene kits, blankets, and tents. This brings the total humanitarian assistance delivered by Pakistan to
Biden offers to debate Trump under new terms, bypassing debate commission – Dailynewsegypt
US President Joe Biden has extended an offer to engage in at least two debates with former President Donald Trump ahead of the upcoming election, The New York Times reported on Wednesday. However, notably, his campaign has been sidestepping the
Toyota once again ranked as worst automaker on climate lobbying globally
Toyota has the worst climate lobbying score of any automaker, and the third-worst 2030 EV production plans, according to InfluenceMap’s annual report on climate lobbying.
Another year, another report showing how
NCW initiates second phase of Women’s Economic Empowerment in Fayoum for financial autonomy – Dailynewsegypt
The National Women’s Council (NCW) has commenced the second phase of the Women’s Economic Empowerment Project in Fayoum, marking a significant step towards fostering financial independence for women. The inauguration event saw the presence of notable figures including Mai Mahmoud,