Egypt’s annual urban inflation rate eased to 25.5% in November 2024, down from 26.5% in October, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The monthly inflation rate registered a modest 0.5%, driven by a 1.9% drop...
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Published on: 2024-12-10
Source:
Daily News Egypt
A high-level Israeli delegation arrived in Cairo this week to participate in Egypt-led discussions aimed at brokering a ceasefire in the Gaza Strip, ensuring the delivery of humanitarian aid, and addressing the intensifying regional crisis. Palestinian factions, including representatives from...
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Published on: 2024-12-10
Source:
Daily News Egypt
Khaled Abdel Ghaffar, Egypt’s Deputy Prime Minister and Minister of Health and Population, chaired a meeting of the Supreme Committee for Organ Transplantation to review 2024’s achievements and challenges in the organ transplantation sector. The meeting aimed to evaluate progress...
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Published on: 2024-12-10
Source:
Daily News Egypt
Raya Holding for Financial Investments has announced a strategic $15m investment in its subsidiary, Raya Data Centre (RDC), from Africa50, a pan-African infrastructure investor and asset manager. This funding, paired with an additional $10m from Raya Information Technology, brings the...
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Published on: 2024-12-10
Source:
Daily News Egypt
Sherif Fathy, Egypt’s Minister of Tourism and Antiquities, met with Eric Chevalier, the French Ambassador to Cairo, at the ministry’s headquarters in the New Administrative Capital to discuss enhancing Egyptian-French cooperation in tourism and antiquities. Discussions included strategies to increase...
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Published on: 2024-12-10
Source:
Daily News Egypt
Several major Egyptian banks have activated card tokenization services through Apple Pay, following the Central Bank of Egypt’s (CBE) February 2023 approval of regulations for this technology. National Bank of Egypt, Banque Misr, and Commercial International Bank (CIB) are among...
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Published on: 2024-12-10
Source:
Daily News Egypt
Egypt is calling for a comprehensive Syrian-led political process following the overthrow of President Bashar Al-Assad by opposition forces, the Egyptian Ministry of Foreign Affairs announced Tuesday.The ministry stressed the need for a unified Syrian effort, free from external interference,...
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Published on: 2024-12-10
Source:
Daily News Egypt
Basel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), emphasized the agency’s commitment to establishing the Turathna Exhibition as a central hub for Egyptian handicrafts and traditional arts. The event will bring together various ministries, governmental...
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Published on: 2024-12-10
Source:
Daily News Egypt
CI Capital has announced the successful execution of the EGP 4.57bn initial public offering (IPO) of United Bank, marking a significant milestone in the Egyptian financial market. This transaction, one of the largest in recent years, makes United Bank the...
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Published on: 2024-12-10
Source:
Daily News Egypt
Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk, convened the first roundtable on the future of Egyptian agriculture. The meeting brought together key stakeholders, including MP Hesham El-Hossary, head of the Agriculture and Irrigation Committee in the House of...
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Published on: 2024-12-10
Source:
Daily News Egypt
The United Media Services Company announced a partnership with the Tarek Nour Holding Company and Al-Mohwar Channel to develop a future strategy for its media system.In a statement released on Tuesday on Facebook, the company said that this alliance would...
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Published on: 2024-12-10
Source:
Egypt Independent
The Ministry of Tourism and Antiquities has urged visitors to museums and archaeological sites to ensure that they book their electronic tickets exclusively through the ministry’s official websites.On its official Facebook page, the ministry has recently specified the official websites...
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Published on: 2024-12-10
Source:
Egypt Independent
Chinese-based ByteDance and its short-video app TikTok asked an appeals court Monday to temporarily block a law that would require parent company ByteDance to divest TikTok by January 19 or face a ban in the United States, pending a review...
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Published on: 2024-12-10
Source:
Egypt Independent
CNN — At first glance, the assassin seemed too meticulous to be an amateur and too careless to be a professional.But the man suspected of killing UnitedHealthcare CEO Brian Thompson on a New York City sidewalk managed to evade capture...
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Published on: 2024-12-10
Source:
Egypt Independent
Reuters — Israeli Prime Minister Benjamin Netanyahu took the witness stand for the first time on Tuesday in his long-running corruption trial, saying he was being hounded for his hawkish security policies.Netanyahu, 75, is Israel’s first sitting prime minister to...
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Published on: 2024-12-10
Source:
Egypt Independent
CNN — The sound of celebratory gunfire filled the streets of Damascus in the hours following the collapse of President Bashar al-Assad’s regime.But the jubilant scenes at the weekend that greeted the end of half a century of tyranny could...
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Published on: 2024-12-10
Source:
Egypt Independent
Egyptian actress Lina Sofia has commented on her participation in the upcoming Netflix film “Mary”, which depicts the life story of the Virgin Mary, Mother of Jesus.The primary reason for the backlash was the casting of Israeli actress Noa Cohen...
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Published on: 2024-12-10
Source:
Egypt Independent
The Red Sea resorts have experienced a significant surge in tourism as the Christmas and New Year’s Eve celebrations approach.These resorts are offering a variety of entertainment programs throughout the day, with cultural, musical, and recreational activities.The Marketing Director of...
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Published on: 2024-12-10
Source:
Egypt Independent
A six-story building on Tuesday collapsed in the Waily district of Cairo, located at 79 Abbasiya Street.The death toll is now up to eight, after civil defense forces recovered the body of an elderly man from under the rubble.The Cairo...
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Published on: 2024-12-10
Source:
Egypt Independent
Facebook has launched a new campaign in Egypt, “Discover on Facebook,” aiming to highlight the platform’s role in fostering community and enabling social discovery beyond simply connecting with friends and family. The campaign emphasizes Facebook’s utility in facilitating connections based...
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Published on: 2024-12-10
Source:
Daily News Egypt
Image processed by CodeCarvings Piczard ### FREE Community Edition ### on 2024-12-09 10:57:55Z | |Egypt’s ambassador in Dakar Khaled Aref stressed Cairo’s keenness on enhancing bilateral cooperation with Senegal, especially in the fields of defense and combating terrorism.He was speaking...
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Published on: 2024-12-10
Source:
Egypt Independent
OSLO, Dec 9 (MENA) – President Abdel Fattah al-Sisi has invited Norwegian foreign direct investments (FDIs) to the Egyptian market, which provides many opportunities in various vital sectors of common importance.This came in Sisi’s speech during his participation Monday in...
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Published on: 2024-12-10
Source:
Egypt Independent
CAIRO, Dec 9 (MENA) – Egypt has condemned in the strongest terms Israel’s seizure of the buffer zone with Syria, saying the move constitutes an occupation of Syrian lands in flagrant violation of its sovereignty, and a clear breach of...
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Published on: 2024-12-10
Source:
Egypt Independent
Personal Representative of President Abdel Fattah al-Sisi to the G20 and BRICS and Assistant Minister of Foreign Affairs ambassador Ragy al-Etreby is taking part in the meetings of the Personal Representatives of the Leaders of the G20 countries this week...
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Published on: 2024-12-10
Source:
Egypt Independent
Egyptian Prime Minister Mostafa Madbouly concluded an inspection tour of the Robbiki Leather City on Monday, highlighting the project’s significance in reshaping Egypt’s leather industry. Initiated under the direct guidance of President Abdel Fattah Al-Sisi, the project marks a major...
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Published on: 2024-12-09
Source:
Daily News Egypt
Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, met with a delegation from the United Nations Economic Commission for Africa (ECA) on Monday to discuss potential avenues for collaboration. The meeting, held in Cairo, took place during the ECA’s...
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Published on: 2024-12-09
Source:
Daily News Egypt
Beltone Holding announced on Monday that its fully-owned subsidiary, Beltone Capital, has entered into a joint venture agreement with CRIF, a global leader in credit bureau services, business information systems, analytics, outsourcing, and digital solutions. This partnership aims to launch...
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Published on: 2024-12-09
Source:
Daily News Egypt
Basel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), has announced the launch of a new financing initiative, the Hirfa Microfinance Project, in collaboration with Aman. With a budget of EGP 25m, the programme is designed...
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Published on: 2024-12-09
Source:
Daily News Egypt
Egypt’s Minister of Education and Technical Education, Mohamed Abdel-Latif, met on Monday with Greece’s Minister for Education, Religious Affairs, and Sport, Kyriakos Pierrakakis, and the Greek Ambassador to Egypt, Νikolaos Papageorgiou, to discuss potential collaboration in the development of pre-university...
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Published on: 2024-12-09
Source:
Daily News Egypt
Egypt will implement a new methodology for preparing its economic and social development plan for the 2025-2026 fiscal year, Planning and International Cooperation Minister Rania Al-Mashat announced at the 6th Economic Conference organised by Hapi Journal. The new approach aims...
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Published on: 2024-12-09
Source:
Daily News Egypt
Egyptian Prime Minister Mostafa Madbouly chaired a meeting Monday to assess the progress of the committee responsible for reforming and restructuring the nation’s economic entities. The meeting included Planning and International Cooperation Minister Rania Al-Mashat and Hussein Eissa, head of...
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Published on: 2024-12-09
Source:
Daily News Egypt
The Gaza Ministry of Health reported that Israeli airstrikes killed 50 people and injured 84 in the past 24 hours, marking three new massacres targeting families in the region. This brings the total death toll from the ongoing conflict to...
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Published on: 2024-12-09
Source:
Daily News Egypt
Ahmed Kouchouk, Minister of Finance, announced that during the first quarter of the next fiscal year, the Ministry will introduce a strategy aimed at improving government debt indicators and enhancing the tax policy document. “We are working to diversify funding...
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Published on: 2024-12-09
Source:
Daily News Egypt
AP — At least 15 people have died and 113 others are still missing after landslides buried homes in six villages in eastern Uganda, police said.Another 15 injured people have been rescued and admitted to Buluganya Health Center.The Uganda Red...
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Published on: 2024-12-09
Source:
Egypt Independent
Taipei/Hong Kong CNN — Multiple formations of Chinese naval and coast guard vessels are moving in waters around the Taiwan Strait and the Western Pacific, Taiwan’s Defense Ministry said Monday, as the island braces for potential military drills by Beijing.Taiwan’s...
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Published on: 2024-12-09
Source:
Egypt Independent
CNN — The world now knows the colors of Syrian dictator Bashar al-Assad’s parachute: the Russian tricolor.Assad’s flight to Moscow following the swift collapse of his regime means more than just the loss of a client state for the Kremlin.The...
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Published on: 2024-12-09
Source:
Egypt Independent
CNN — The fall of Bashar al-Assad’s brutal dictatorship seemed a distant prospect two weeks ago. But Syria’s rebels completed a speedy and stunning march to power on Sunday, starting an uncertain new era for the country.For half a century, the...
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Published on: 2024-12-09
Source:
Egypt Independent
The Ministry of Interior has okayed an exceptional family visit to inmates at correctional and rehabilitation centers on the occasion marking the International Human Rights Day, which is observed annually on December 10.The exceptional visits will be made on December...
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Published on: 2024-12-09
Source:
Egypt Independent
The Ministry of Health and Population said a hearing survey has been conducted for 7.288 million children as part of a presidential initiative for early detection and treatment of hearing loss and impairment for newborns.The initiative was launched in September...
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Published on: 2024-12-09
Source:
Egypt Independent
Ambassador Ahmed Nihad Abdel Latif, Director of the Cairo International Center for Conflict Resolution, Peacekeeping, and Peacebuilding (CCCPA), signed a cooperation agreement with Rear Admiral (JG) Gottlieb Pandeni, Commandant of the SADC Regional Peacekeeping Training Centre (RPTC), headquartered in Zimbabwe.The...
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Published on: 2024-12-09
Source:
Egypt Independent