CBE, Planning Ministry collaborate on financial inclusion for ‘Decent Life’ initiative The Ministry of Planning and Economic Development convened with the Central Bank of Egypt (CBE) to outline the execution of the financial inclusion strategy for the second phase of “Decent Life,” a national project aimed at uplifting the Egyptian countryside. Gamil Helmy, Assistant Minister of Planning and General Supervisor of “Decent Life,” alongside CBE’s Khaled […]
Sun, 10 Dec 2023 20:45:25 +0000 Palestinian Prime Minister urges sanctions against Israel for continued violations of international law Palestinian Prime Minister Mohammad Shtayyeh has called for sanctions against Israel for its continued violations of international law, international humanitarian law, and United Nations Security Council resolutions. Speaking at the Doha Forum in the Qatari capital, Shtayyeh emphasized that these sanctions should not be limited to Israel, but also to all parties that have given […]
Sun, 10 Dec 2023 20:44:14 +0000 EGX streamlines registration for foreign fund clients The Financial Regulatory Authority (FRA) has endorsed the Egyptian Exchange’s (EGX) initiative to streamline the registration process for clients of investment funds and foreign companies in the stock market, as well as the activation of dormant accounts. Aligned with the government’s strategy to draw more foreign investment into the stock market and promote trading of […]
Sun, 10 Dec 2023 20:42:21 +0000 Schneider Electric partners with Paragon Developments for sustainable smart building solutions Schneider Electric has entered into a Memorandum of Understanding (MoU) with Paragon Developments, aiming to bolster sustainability within Egypt’s real estate sector. Under this agreement, Schneider Electric will equip Paragon Developments’ administrative buildings, Paragon 2 and Paragon 3, with cutting-edge smart sustainable building solutions. The MoU was signed at the United Nations Climate Change Conference […]
Sun, 10 Dec 2023 18:58:59 +0000 Aloula forecasts 60% decline in mortgage finance if interest rates rise Al-Tameer Mortgage Finance Company (Aloula) has reported a significant 56% increase in total financing, reaching approximately EGP 2.5bn from January to October 2023. According to Chairperson Ayman Abdel Hamid, mortgage financing portfolios represent 90% of this total, with the remaining 10% allocated to individual financing. Abdel Hamid shared with Daily News Egypt that Aloula’s profits […]
Sun, 10 Dec 2023 18:53:42 +0000 ADVA Developments sells out ADVIDA project’s first phase ADVA Developments has successfully sold out the initial phase of the ADVIDA project, located in New Sheikh Zayed’s Green Belt area, west Cairo. The first phase’s total sales have reached EGP 350m. Spanning 21,000 sqm, ADVIDA marks ADVA Developments’ inaugural venture in New Sheikh Zayed City. Currently, 25% of the construction is complete. The project […]
Sun, 10 Dec 2023 18:50:43 +0000 Mekky Developments introduces Vio Mall at New Cairo Mekky Developments has launched its latest administrative commercial project, Vio Mall, in the Banafseg Buildings area at New Cairo. Chairperson of Mekky Developments Ahmed Mekky said that the Vio Mall project is being developed over 1,012 sqm, comprising administrative and commercial properties. The 3-storey mall is scheduled to be completed and delivered by the end […]
Sun, 10 Dec 2023 18:39:20 +0000 International observers document smooth voting process in Egyptian elections Khalil Ibrahim Al Thawadi, head of the Arab League’s election monitoring mission, commended the Egyptian people for their national and patriotic engagement in the presidential elections. As his delegation observed the electoral proceedings on Sunday, Al Thawadi expressed admiration for Egypt’s accomplishments, particularly the active participation of Egyptian women across all committees and the diligent […]
Sun, 10 Dec 2023 18:32:59 +0000 NEC reports high voter turnout in Egyptian presidential elections Egyptian voters commenced casting their ballots on Sunday for the country’s three-day presidential election. Ahmed Bendari, Director of the Executive Office of the National Elections Commission (NEC), reported a high turnout from the onset of voting. Polling stations welcomed voters from 9 a.m. to 9 p.m. During a press conference, Bendari revealed that the Central […]
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Map and flag above, Wikipedia.
Photograph below, (c) MJoTA.org at the Clinton Global Initiative forum in New York, Sep 2012.
Fri, 01 Dec 2023 11:19:56 +0000 Israel, Hamas Agree to Begin Cease-Fire Friday Morning Prodded by the U.S., Israel agreed to the pause in hostilities and the release of 150 imprisoned Palestinians in exchange for 50 hostages held in Gaza.
Tue, 28 Nov 2023 13:49:48 +0000 First Captives Freed in Tense Gaza Truce Between Israel and Hamas Hamas freed two dozen hostages, Israel released 39 imprisoned Palestinians, and more than 130 aid trucks reached Gaza over the first day of a tense, temporary truce after seven weeks of war.
Mon, 20 Nov 2023 20:07:07 +0000 Book Review: ‘We Are Your Soldiers,’ by Alex Rowell In “We Are Your Soldiers,” Alex Rowell shows how the Egyptian president Gamal Abdel Nasser inspired and fostered autocracy among his Arab neighbors in the 20th century and beyond.
Wed, 15 Nov 2023 15:42:25 +0000 U.N. Says Gaza Fuel Could Run Out by Tuesday, Preventing Aid Distribution The lack of fuel, used to operate the fork lifts that unload the goods and the trucks that deliver them, is imperiling the only lifeline for the 2.2 million people in the coastal enclave.
Tue, 14 Nov 2023 00:22:24 +0000 The Egyptian Rapper Wegz Wants to Take Arabic Hip-Hop Worldwide The 25-year-old has become a streaming star without releasing a full album. He just wrapped his first shows in the United States, and hopes to take his music even further.
