Saturday 23 Nov

MoU

Central Bank profitability soars following policy shift
2024/08/27

Central Bank profitability soars following policy shift

The Central Bank of Egypt announced today, Tuesday, that it has succeeded, for the first time in seven years, in turning to profitability in the...

Sabry appointed Assistant to the Head of the Financial Supervisory Authority
2024/08/27

Sabry appointed Assistant to the Head of the Financial Supervisory Authority

Prime Minister Dr. Moustafa Madbouly issued a Decree Number 2711 of 2024 appointing Mohamed Sabry as Assistant to the Chairman of the Egyptian Financial Supervisory...

Madbouly: Promoting self-sufficiency in medical raw materials
2024/08/25

Madbouly: Promoting self-sufficiency in medical raw materials

Prime Minister Dr. Moustafa Madbouly met Sunday with Major General Dr. Bahaa El-Din Zidan, Chairman of the Egyptian Authority for Unified Purchasing, Medical Logistics and...

Talaat Moustafa stock leads Norwegian Fund's Egyptian investments
2024/08/21

Talaat Moustafa stock leads Norwegian Fund's Egyptian investments

Official data indicates that the Norwegian Sovereign Wealth Fund, the world's largest sovereign wealth fund, has made significant investments in several Egyptian companies listed on...

Egypt, Saudi Arabia finalize investment deal for imminent signing
2024/08/19

Egypt, Saudi Arabia finalize investment deal for imminent signing

Prime Minister Dr. Moustafa Madbouly emphatically stressed today, Monday, the urgent need to finalize the terms of the Egyptian-Saudi Investment Protection Agreement and sign it...

Helwan University champions electric car race in New Alamein
2024/08/16

Helwan University champions electric car race in New Alamein

As part of the "Alam Alamein" Festival, Dr. Mohamed Abdel Aziz, General Supervisor of the University Electric Vehicle Rally Competition, announced the winners of the...

Renewable energy push to save electricity sector $4.1 billion annually
2024/08/14

Renewable energy push to save electricity sector $4.1 billion annually

Engineer Mahmoud Esmat, Minister of Electricity and Renewable Energy, revealed that the ministry plans to add new renewable energy capacities of up to 30 gigawatts....

Talaat Moustafa Group soars: Profits triple, Revenues hit EGP 17 billion
2024/08/13

Talaat Moustafa Group soars: Profits triple, Revenues hit EGP 17 billion

Talaat Moustafa Holding Group (TMG Holding) announced a significant surge in net profit for the first half of the year, with a 310% year-on-year increase....