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Egypt’s GAFI issues 6 golden licenses to investments worth LE5.6B
The General Authority for Investment and Free Zones (GAFI) issued six golden licenses for investments worth LE5.6 billion upping the total to 29. The National Egyptian Railway Industries Company […]
Egypt to complete building 1st factory for bird flu vaccines in 90 days: Official
Dr. Sherif El-Feel, Chairman of the Board of Directors of the Holding Company for Vacsera and Vaccines, revealed that there is a comprehensive development in all of the company’s activities […]
Egypt welcomes UN resolution demanding immediate ceasefire in Gaza
Egypt welcomes the Security Council’s adoption of a Gaza ceasefire resolution for the first time since the outbreak of the crisis, despite it being “unbalanced and with a limited timeframe.” […]
Red sea attacks decrease Suez Canal’s revenues by 50%
The conflict in the Red Sea region led to the decrease on the Suez Canal’s annual revenues by 50 percent, Prime Minister, Mostafa Madbouly, said during a meeting with a […]
UN Security Council adopts ceasefire resolution in Gaza after nearly 170 days of war
The United Nations Security Council succussed on Monday to adopt a resolution for a ceasefire in Gaza after nearly 170 days of war. The resolution was issued by the 10 […]
Egyptian Air Force continues airdropping humanitarian aid into Gaza
The Egyptian Air Force (EAF) has continued conducting airdrops of tons of humanitarian aid, including food items and relief supplies, into isolated areas in the northern part of the Gaza […]
Egyptian, German FMs discuss Red Sea security, investment
Minister of Foreign Affairs Sameh Shokry received Monday his German counterpart Annalena Baerbock. The meeting focused on the Gaza War and also tackled bilateral cooperation. The two ministers equally […]
Egypt takes measures for strategic reserve of essential goods to regulate markets: PM
Prime Minister Mostafa Madbouly stated that the government has begun procedures to provide a strategic stock of essential goods to regulate markets, according to a statement issued, Sunday, by the […]
Full financing by Egyptian Banks clears accumulated goods at Egypt’s Ports
Egyptian banks have successfully provided full financial support to cover all pending import requests for essential commodities at Egypt’s ports, effectively eliminating the lengthy waiting list, according to Egyptian bankers […]
EGX starts week in green, market cap. gains LE2.19B
The Egyptian Exchange (EGX) started the week in the green zone, adding around LE 2.19 billion to the market capitalization, amid local purchases. The benchmark EGX30 inched up 0.02 percent, […]
