Egypt: EGX closes Tuesday’s session in red zone

Arab Finance: The Egyptian Exchange (EGX) closed Thursday’s trading session in the red zone, with the EGX30 index declining by 0.46% to 32,703.92 points. Likewise, the Sharia-compliant index, EGX33 Shariah index, fell by 1.02% to 3,401.44 points. Both the …

Egypt: Smoking Will Cost More — And So Will Oil

Facebook Twitter LinkedIn WhatsApp On Sunday, June 29, the Egyptian House of Representatives approved a series of amendments to the Value Added Tax (VAT) law, granting the government the authority to significantly raise cigarette prices and introduce a new …

Drillship Capsizes in Suez Gulf, Egypt’s Petroleum Ministry Says

Syria said it aims to resolve all outstanding foreign policy disputes by the end of the year, in a move that follows Washington’s decision to fully lift sanctions on Damascus. Qutaiba Idlbi, Director of US Affairs at Syria’s Foreign Ministry, told state …

Egypt launches public-private partnership to curb c-sections, improve maternal, child health

Egypt - The Ministry of Health and Population has signed a cooperation protocol with the Chamber of Private Healthcare Providers to implement the “Golden 1,000 Days Initiative,” a national effort aimed at reducing unnecessary caesarean sections and …

Foreign Ministers of Oman and Egypt urge Washington and Tehran to resume negotiations

Oman's Foreign Minister joined his Egyptian counterpart in Cairo on Tuesday for meetings about regional tensions following the 12-day  Israel-Iran war.  Badr bin Hamad al-Busaidi called on Washington and Tehran to stabilise the ceasefire and return to …

Mastercard Unveils AI-Powered Card Fraud Prevention Service In EEMEA Region, Starting From Egypt

(MENAFN- Daily News Egypt) In a move set to redefine digital security for banks and consumers, Mastercard has launched a cutting-edge fraud prevention service, Account Intelligence Reissuance, in the Eastern Europe, Middle East, and Africa (EEMEA) region. …

China says Premier Li to visit Brazil for BRICS summit and Egypt

Sayyid Badr highlighted significant progress in economic relations between Oman and Egypt

Cairo — The 16th session of the Omani-Egyptian Joint Committee was held in Cairo this evening at the level of the two countries' foreign ministers. The Omani side was chaired by Sayyid Badr bin Hamad Al Busaidi, Foreign Minister while the Egyptian side …

Egypt says four dead, 22 injured after oil barge capsizes in Gulf of Suez

CAIRO, July 2 — Four people died and 22 others were injured after a barge in the Gulf of Suez sank, the Egyptian government said Wednesday. The barge Adam Marine 12 sank on Tuesday night, the health ministry said, without providing details of the cause of …

An oil-drilling ship capsized in the Gulf of Suez, killing at least 4 crewmen, Egypt says

CAIRO — An oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four others missing, authorities said Wednesday. The drilling ship overturned Tuesday evening off the city of Ras Ghareb, on the African side of the Gulf …