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Business - Economy
12/3/2023 2:22:32 PM
The services sector was the top recipient of foreign direct investments (FDI) in Egypt during the fiscal year (FY) 2022/2023, recording $5.94 billion, or 59.16 percent of that year’s total FDI, according to the External Position report released by the Central Bank of Egypt (CBE).

Sports - Talents Abroad
11/30/2023 9:06:12 PM
Egyptian defender Ahmed Hegazi could move back to Europe during the winter transfer window as six UK clubs are interested in acquiring his services, according to a report on Thursday.

Business - Markets & Companies
11/29/2023 4:39:19 PM
Global payment technology company MasterCard signed a memorandum of understanding (MoU) with Egyptian e-commerce platform MaxAB to offer digital services to small and medium enterprises (SMEs), according to a statement on Wednesday.

Business - Tech
11/28/2023 6:09:03 PM
Software and digital technologies are anticipated to contribute 29 percent of companies' revenues worldwide by 2030, a substantial increase from seven percent now, according to a recent report by French information technology services and consulting company Capgemini SE.

Business - Economy
11/27/2023 6:39:26 PM
Egypt doesn’t collect the value-added tax (VAT) in foreign currency on imports but on goods and services that are typically paid for in foreign currency, said Minister of Finance Mohamed Maait on Monday, according to a Cabinet statement.

Business - Economy
11/20/2023 5:06:11 PM
The value of services provided through the electronic payment and collection system has reached EGP 7.8 trillion since its launch in 2019, Egypt’s Minister of Finance Mohamed Maait said in a statement on Monday.

Business - Economy
11/19/2023 4:19:21 PM
Saudi investments in Egypt reached $6.3 billion in 7,444 projects in sectors such as industry, construction, tourism, services, and telecommunications, among others, said Minister of Trade and Industry Ahmed Samir.

Egypt - Foreign Affairs
11/13/2023 3:16:02 PM
Al-Qahera News TV cameraman Ahmed Fatima was killed in the Gaza Strip, Ahmed El-Tahry, head of the news channels department at the channel’s parent company United Media Services, announced on Monday.

Business - Markets & Companies
11/9/2023 4:04:59 PM
Egypt's major e-payment company, Fawry, denied that any of its platforms or online services had been subjected to cyber attacks, according to a bourse filing on Thursday.

War on Gaza - War on Gaza
11/5/2023 9:25:40 PM
Gaza came under the third total communications outage since the start of the Israeli war on it, with Palestinian telecom company Paltel confirming all services were down late Sunday and saying Israel had again disconnected them.

War on Gaza - War on Gaza
10/29/2023 11:56:00 AM
Israel's war cabinet member Benny Gantz and opposition leader Yair Lapid criticized Prime Minister Benjamin Netanyahu on Sunday following his post on platform X (formerly Twitter), in which he blamed security and military intelligence heads for Hamas’ 7 October operation, Israeli media reported.

War on Gaza - War on Gaza
10/27/2023 9:29:13 PM
Internet and phone services collapsed in the Gaza Strip under intensified Israeli bombardment Friday night, largely cutting off its 2.3 million people from the outside world and each other, as Israel’s military said it was “expanding” ground operations in the besieged territory.

War on Gaza - War on Gaza
10/27/2023 8:45:04 PM
The Palestinian telecom provider Paltel says internet service in Gaza Strip has been cut off by Israeli bombardment. Services were cut Friday evening, following a heavy round of Israeli airstrikes that lit up the night sky over the darkened territory.

Egypt - Health
10/9/2023 2:50:37 PM
Egypt’s "100 Healthy Days" campaign has provided as many as 90,245 medical services to citizens nationwide on Friday 6 October, according to a statement by the Ministry of Health and Population.

Sports - National Teams
10/9/2023 1:15:41 PM
Egypt's coach Rui Vitoria has enlisted the services of Ahly’s midfielder Ahmed Nabil Kouka to replace injured attacking midfielder Emam Ashour for the upcoming friendlies against Algeria and Zambia in the UAE camp this week.

Business - Economy
10/4/2023 9:35:25 PM
A consortium led by the General Authority of the Suez Canal Economic Zone (SCZone) has signed a framework agreement with C2X, the green energy arm of Danish logistics titan Maersk, to build a massive green fuel production facility for ships bunkering services to aid Egypt’s decarbonisation efforts.

Business - Tech
10/1/2023 3:30:25 PM
Fintech services provider valU announced it is planning to expand into Jordan in early 2024, the company said in a statement on Sunday.

Egypt - Presidential Elections 2024
9/29/2023 4:24:16 PM
The United Media Services (UMS) group, Egypt's largest media conglomerate, vowed to maintain neutrality in covering the upcoming presidential election, slated for December.

Egypt - Society
9/27/2023 4:15:00 PM
Egypt's Ministry of Social Solidarity signed a collaboration protocol on Wednesday to enhance healthcare, nutrition, education, and cultural services for children, and to improve the efficiency of 500 nurseries and integrate mothers into the labour market.

Business - Economy
9/25/2023 9:49:00 PM
Egypt’s President Abdel-Fattah El-Sisi said the country has exerted great efforts over the past eight years to bridge the “huge” infrastructure gap and maintain basic level services across all sectors.

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