Egypt: Electro Cable’s consolidated profits go up 6.39% YoY in 2024

Arab Finance: Electro Cable Egypt (ECE) (ELEC) recorded a 6.39% year-on-year (YoY) increase in consolidated profit attributable to the parent company during 2024, recording EGP 1.327 billion, compared to EGP 1.248 billion, according to financial statements …

Egypt: Cairo Housing’s consolidated profits leap by 537.74% YoY in 2024

Arab Finance: Cairo Housing and Development Company (ELKA) has widened its consolidated profits attributable to the parent company by 537.74% year on year (YoY) in 2024, according to the financial statements filed to the Egyptian Exchange (EGX) on March …

Hilton brings Signia brand to Egypt for first time

Hilton has announced the signing of Signia by Hilton Cairo Skywalk and Signia by Hilton Residences Cairo Skywalk in partnership with Skywalk Developments, bringing the Signia brand to Egypt and Africa for the first time.    The two latest additions to …

Egypt's Parliament approves EBRD's expansion plans into Sub-Saharan Africa, Iraq

Arab Finance: The House of Representatives agreed upon presidential decision No. 70 of 2025, which approved decisions No. 259 and 260 of the European Bank for Reconstruction and Development's (EBRD) Board of Governors on expanding the bank's …

Bridging Border: Egypt and India Reshaping Economic Future

Egypt and India have cultivated robust economic ties for many years, yet significant opportunities remain to be explored. Forming new partnerships marks a strategic milestone in their evolving relationship, characterized by remarkable growth in trade and …

Moderately Hot Weather Expected for Egypt on Tuesday, Cairo 29°C

Tue 25 Mar 2025 | 08:20 AM The Egyptian Meteorological Authority (EMA) predicts moderately hot weather to prevail across the country during Tuesday’s daylight hours. Hot weather is also expected to hit the South Sinai and South of the country. Winds …

Egypt: Rashpetco, Burullus Gas to boost daily natural gas output to 320mln cubic feet in FY2024/25

Arab Finance: Rashid Petroleum Company (Rashpetco) and Burullus Gas Company plan to increase the daily production capacity of natural gas to 320 million cubic feet in fiscal year (FY) 2024/2025, Chairman Mohamed Samir announced. This marks an increase …

NASA issues warning as potentially hazardous asteroid bigger than the Great Pyramid of Egypt makes its closest pass in ...

NASA is closely monitoring a massive asteroid as it prepares to make a rare close approach to Earth. The space rock, known as 2014 TN17, is larger than the Great Pyramid and will pass by at more than 48,000 mph. Should we be worried? This is what you …

Egypt makes new proposal for ‘weeks-long pause’ to Gaza war: Report

PM discusses Egypt’s Sovereign Fund’s role in optimizing state assets with Investment Minister

Egypt - Prime Minister Mostafa Madbouly met today with Hassan El-Khatib, Minister of Investment and Foreign Trade, to review the ongoing efforts of the Sovereign Fund of Egypt (TSFE) in maximizing returns from state-owned assets. The Prime Minister …