Egypt’s annual headline inflation in July rose to an all-time high of 36.5%, in line with analysts’ expectations, as food prices soared, data from the country’s statistics agency CAPMAS showed …
Highlights
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HighlightsNews
Social Solidarity Ministry Will Provide EGP 160 Million To 10,000 Small, Micro Enterprises
Minister of Social Solidarity Nevine El-Kabbaj announced the launch of the first phase of a program to support irregular employment. Three NGOs will work in partnership with the program to …
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Over the past few days, the prices of gold have gone a little up and down in a semi-stable manner. According to Amwal Al Ghad, the prices went down on …
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Today, August 10, Veteran Egyptian musician Omar Khairat is set to perform at the New Alamein Festival currently held at the New Alamein City, North Coast. Since its inception, the …
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EconomyHighlights
Egypt’s Housing Bank a record of EGP 3 bln in net profit, growing 150.4% during the first half of 2023
Egypt’s Housing & Development Bank has announced a standalone net profit after tax of EGP 3.015 billion in H1-2023, compared to EGP 1.204 billion reflecting an increase of EGP 1.811 …
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During a telephone interview, renowned TV personality Reham Al-Sahli said she was shocked and nervous at receiving the news of her new position because of the size of the responsibility, …
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On August 8, Prime Minister Mostafa Madbouli chaired a meeting to discuss a project proposal submitted by a major foreign company to establish a giant plant for green hydrogen in …
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Egypt’s Minister of Social Solidarity, Nevine el-Qabbaj, held a press conference to announce the details of the Ministry of Social Solidarity’s campaign ‘We will reach you’ to issue one million …
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Highlights
Extraordinary Ministerial Meeting of Women’s Committee of Arab League Addresses Women Empowerment
The General Secretariat (Social Affairs Sector – Women’s Department) is set to hold the extraordinary ministerial meeting of the Arab Women’s Committee to discuss the issues that will be presented …
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EconomyHighlights
Madinet Masr Launches “Madinet Masr Innovation Labs” to Introduce New Innovative Concepts to Real Estate Market
Leading urban community developers, Madinet Masr (Stock code MNHD.CA), has unveiled its latest innovative venture, a new R&D arm, “Madinet Masr Innovation Labs”. This groundbreaking and first-of-its-kind arm is dedicated …