News

Egypt announced the second update of its Nationally Determined Contributions (NDCs), reflecting its heightened climate action ambitions. The latest NDC — climate action commitments outlined by the government — revealed the …

With the crimes of “intentional homicide and attempted murder” the military prosecution has charged the military doctor involved in the Madinaty incident, according to the Official Military Spokesperson for the …

For the first time in a decade, Egypt and Turkey have announced the appointment of ambassadors to each other’s capitals in a bid to resume regular diplomatic ties, their foreign …

The House Social Solidarity Committee approved a draft law to set up an EGP 1 bn fund to support people with disabilities. The Differently Abled Fund, established by President Abdel …

At the start of Wednesday’s transactions, the dollar exchange rate appeared to be stable at Egypt’s major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar …

Earlier this week, the Egyptian state warned of the repercussions of the continued escalation of the Israeli aggression in East Jerusalem, Jenin, the West Bank, the Gaza Strip, and all …

This week marked the appointment of the International Finance Corporation (IFC) as a strategic advisor to the Egyptian government’s Asset Monetization Program, under which it will provide the government with …

On Tuesday, The Central Bank of Egypt (CBE) auctioned EGP 40 b ($1.3 b) in treasury bills (T-bills) in two maturities to fund the government debt.The first issue, worth EGP …

Egypt’s Ministry of Petroleum and Mineral Resources announced plans to make investments of $9 billion in new refining and petrochemical facilities. The projects, which are now in the development or …

A minimal handbag that is capable of passing through the eye of a needle sold at auction for $63,750. MSCHF, a Brooklyn art and fashion group, designed the brilliant yellow …