Web Summit CEO Paddy Cosgrave resigns after posting an anti-Israel post on X
Tech conference Web Summit CEO, Paddy Cosgrave has resigned a week after his pro-Palestine post on X, formerly…
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Siwa, Dahshur named in UNWTO’s list of best tourism villages
Dahshur in Giza Governorate and Siwa in Matrouh Governorate was named of best tourism villages at the 25th Annual…
Egypt, China ink debt swap MoU to finance development projects
Egypt and China have signed a debt swap memorandum of understanding (MoU) on Thursday, to fund development…
Egyptian ports release animal feed worth $3.9bln in a year: Agriculture ministre
The Egyptian ports have released more than 8 million tonnes of animal feed worth $3.9 billion during last year,…
Lenovo assigns MCS to distribute its data center, networking products in Africa
Lenovo, the Chinese multinational technology company ,has appointed the Middle East Information Technology Services…
Egypt’s Central Bank restricts foreign currency credit card use
Egypt's Central Bank(CBE) has announced new regulations on foreign currency credit card use, according to a…
MENA banking sector’s net profits grow 30% amid economic diversification: EY
The banking sector in the Middle East and North Africa recorded a 30 percent annual rise in net profits in the…
Egypt’s Suez Canal revenues rise 34.7%
The revenues of Suez Canal rose by 34.7 percent recording $9.4 billion compared to $7 billion in the last fiscal…
Bank of America’s unrealized losses on securities hit $131.6 bln in Q3
Bank of America's( BofA) unrealized losses on securities increased to $131.6 billion on securities held until…
Egypt, China’s TEDA sign new 4 investment deals in SCZone
Egypt has signed four new contracts with the Chinese industrial developer, TEDA, for new investment projects in…