Arab Finance: Egyptian Gulf Bank (EG Bank) posted a 27% year-on-year (YoY) increase in consolidated net profit after tax for the first quarter (Q1) of 2025, according to the financial indicators filed to the Egyptian Exchange (EGX) on May 7th. The bank’s …
BEIJING, May 8 (Xinhua) -- The Chinese Air Force dispatched aircraft such as J-10C, KJ-500 and YY-20 to participate in a recent joint training with its Egyptian counterpart at an Egyptian air force base, according to a Chinese defense spokesperson on …
Arab Finance: Egypt has officially assumed the co-chairmanship of the MENA-OECD Initiative on Governance and Competitiveness for Development, Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, announced. Succeeding …
Thu 08 May 2025 | 08:55 AM Chinese Foreign Ministry spokesperson China has voiced firm support for Egypt’s sovereignty over the Suez Canal following controversial remarks by U.S. President Donald Trump, who suggested American ships should be allowed to use …
-Zamalek ended Portuguese coach Jose Peseiro's contract by mutual consent, the Egyptian soccer club said on Wednesday, after less than three months in charge due to poor results. "An agreement has been reached between Zamalek and coach Jose …
Arab Finance: The General Authority for the Suez Canal Economic Zone (SCZone) and the Main Development Company (MCD) signed an agreement for Fotouh AlKuwait Co's project to produce packaging materials, according to a statement. With investments of $1.7 …
Cairo – The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a combined value of EGP 70 billion through two offerings on Thursday, 8 May. The first issuance was valued at EGP 30 billion and will mature in 182 days on 11 November 2025, …
It was being observed that Africa’s tourism landscape had taken a remarkable turn in 2024, driven largely by improved infrastructure, stronger digital connectivity, and coordinated national efforts that were steadily enhancing the continent’s visibility on …
Greek PM Kyriakos Mitsotakis welcomes the President of Egypt Abdel Fattah el-Sisi, in Athens. Credit: AMNA/Orestis Panagiotou Greece and Egypt have reaffirmed their commitment to a proposed undersea power cable designed to transport renewable energy …
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