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Sports
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World
3/25/2024 2:24:32 PM
Vinícius Júnior clenched his right fist and raised it high above his head after scoring at Mestalla Stadium, posing for a moment to make sure everyone noticed.
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Business
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Economy
3/19/2024 5:30:59 PM
Minister of Finance Mohamed Maait said the state is placing a stringent ceiling of EGP 1 trillion on public investments in the upcoming fiscal year 2024/25, while also capping public debt.
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World
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International
3/16/2024 2:48:01 PM
Twelve Pakistani fishermen died after their boat capsized in the Arabian Sea, the military said Wednesday, as the navy searched for a pair still missing.
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Business
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Economy
3/12/2024 3:00:39 PM
Egyptian government targets a primary surplus of 3.5 percent in its GDP in the upcoming fiscal year (FY) 2024/2025, Minister of Finance Mohamed Maait announced on Tuesday.
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Business
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Markets & Companies
3/5/2024 11:45:00 AM
The company's financial performance for 2023 reflected strong results, with sales reaching 2.24 billion Egyptian pounds, a 23% increase over the previous year. Operating profits amounted to 74 million pounds, marking a 157% increase over the previous year. These figures were disclosed through the financial statements announced for the fiscal year 2023 for GlaxoSmithKline Egypt.
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World
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International
2/27/2024 3:49:32 PM
The world's trade ministers were locked in tough negotiations on Tuesday at a WTO meeting in Abu Dhabi, with fisheries and agriculture taking center stage.
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Egypt
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Foreign Affairs
2/13/2024 5:47:34 PM
Minister of Higher Education and Scientific Research Ayman Ashour announced Tuesday that President of the National Institute of Oceanography and Fisheries (NIOF) Amr Zakaria Hamouda has been named vice-chairman of UNESCO's International Tsunami Early Warning Committee (IOC Tsunami).
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Business
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Economy
1/31/2024 6:58:19 PM
The Egyptian Cabinet approved a plan to reduce the state budget public investment plan for the fiscal year (FY)2023/2024 by 15 percent, according to a statement on Wednesday.
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Business
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Economy
1/30/2024 6:21:03 PM
Egypt’s real GDP growth is expected to recover, reaching 4.7 percent, in the upcoming fiscal year (FY) 2024/2025, backed by the financing and policy package set by the International Monetary Fund (IMF), Daniel Leigh, a division chief at the IMF’s Research Department, told Ahram Online (AO).
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World
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International
1/30/2024 11:29:44 AM
India's navy said Tuesday it had freed an Iranian fishing vessel hijacked by Somali pirates, the second in as many days, after the latest attack on Indian Ocean shipping.
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World
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Africa
1/29/2024 1:21:57 PM
Sri Lanka’s diplomats are talking with Somali authorities trying to ascertain the whereabouts of a fishing vessel and its six crewmembers suspected of being abducted by Somali pirates two days ago, officials said Monday.
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Egypt
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Society
1/23/2024 1:59:16 PM
Egypt's total seafood production has reached about 2.1 million tons in 2023, with around 85 percent self-sufficiency rate, according to the Lakes and Fish Resources Protection and Development Agency, with efforts to bridge the supply and demand gap through importing high-quality seafood from countries like Norway.
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Business
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Economy
1/16/2024 6:02:38 PM
Egypt's state-owned oil companies are poised to invest over EGP 23 billion in the upcoming fiscal year (FY) 2024/2025, commencing in July, Minister of Petroleum and Mineral Resources Tarek El-Molla said on Tuesday.
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Business
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Economy
1/15/2024 7:43:32 PM
Egypt’s real GDP growth rate slowed to 2.65 percent in the first quarter of the fiscal year 2023/2024 from 4.4 percent in the same quarter of FY2022/2023 (July-September), according to data released by the Ministry of Planning and Economic Development on Monday.
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Business
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Economy
1/14/2024 8:17:07 PM
Egypt’s short-term external debt reached an all-time high at around $30.27 billion in the first quarter of the fiscal year (FY)2023/2024 – July/September – up from $28.15 billion in the previous quarter, according to data released on Sunday by the Central Bank of Egypt (CBE).
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Business
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Economy
1/9/2024 1:34:19 PM
President Abdel-Fattah El-Sisi has instructed the government to increase spending on improving Egyptians’ quality of life in the upcoming fiscal year 2024/2025, which starts on 1 July, Minister of Finance Mohamed Maait stated on Tuesday.
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Business
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Economy
1/4/2024 5:28:45 PM
Egypt's economy expanded faster than planned in the fiscal year (FY)2022/2023, driven by double-digit gains in sectors ranging from tourism to infrastructure, the Minister of Planning and Economic Development Hala El-Said stated on Wednesday.
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Business
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Economy
1/3/2024 8:52:21 PM
Remittances from Egyptians working abroad dropped 29.22 percent to $4.52 billion in the first quarter of the fiscal year 2023/2024 (July-September) from $6.39 billion in the same period a year earlier, according to data released by the Ministry of Planning.
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Business
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Economy
1/2/2024 4:06:53 PM
Egypt has set a target of attracting $12 billion in foreign direct investments (FDIs) during the fiscal year (FY) 2023/2024, which ends in June, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), said on Tuesday.
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Egypt
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Urban & Transport
1/2/2024 12:55:47 PM
Flagship carrier EgyptAir carried 2.8 million passengers in the first quarter of the fiscal year 2023/2024, a six percent increase over 2.6 million in the same quarter of the previous FY, according to press remarks by the Minister of Civil Aviation Mohamed Abbas Helmy on Tuesday.
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