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Business - Markets & Companies
8/7/2023 8:20:26 PM
Azimut Egypt is considering launching an investment fund for Egyptian expats to attract subscriptions in foreign currency, Ahmed Abou El-Saad, CEO & Managing Director of Azimut Egypt, said in a statement on Monday.

Al-Ahram Weekly - Opinion
8/6/2023 9:43:00 AM
In this column and elsewhere, I have spoken frequently about reform in the Arab region and how it was a response to the violence, anarchy and terrorist fundamentalism ushered in by the so-called Arab Spring.

War in Sudan - War in Sudan
8/5/2023 5:32:00 PM
The conflict in Sudan has left 24 million people — half the country’s population — in need of food and other assistance, but only 2.5 million have received aid because of vicious fighting and a lack of funding, two senior U.N. officials said Friday.

Al-Ahram Weekly - World
8/2/2023 6:13:00 PM
Palestinian factions meeting in Egypt earlier this week reaffirmed the fundamental principles of the Palestinian cause.

Egypt - Society
8/1/2023 5:19:07 PM
Nile University has announced that it will offer fully-funded scholarships to 70 outstanding Egypt's Thanaweya Amma students – high school students – during the 2023-2024 academic year, the university President Wael Akl said on Tuesday.

Business - Economy
7/30/2023 4:06:53 PM
The Arab Monetary Fund (AMF) has lent Egypt $615.8 million to support a reform programme in the country's financial and banking sector, according to a statement by the AMF on Sunday.

Business - Economy
7/30/2023 2:44:23 PM
The International Monetary Fund (IMF) is expected to conduct its first and second reviews of the Egyptian economy for the $3 billion four-year loan programme between September and December 2023, according to a recent report by the US-based investment bank, Morgan Stanley.

World - Region
7/29/2023 11:05:07 AM
The United Nations has been forced to cut food, cash payments and assistance to millions of people in many countries because of “a crippling funding crisis” that has seen its donations plummet by about half as acute hunger is hitting record levels, a top official said late Friday.

World - Region
7/27/2023 1:02:18 PM
UN human rights chief Volker Turk on Thursday called on Israel to heed those demonstrating for "the defence of democracy and fundamental freedoms" in the face of controversial judicial reforms.

Business - Economy
7/25/2023 6:56:27 PM
The International Monetary Fund (IMF) has raised its projections for Egypt’s inflation in 2023 and 2024 to 24.4 percent and 32 percent, respectively, up from 21.6 percent in 2023 and 18 percent in 2024 as projected in April, according to Deputy Director of the Research Department Petya Koeva Brooks.

Business - Economy
7/25/2023 5:25:24 PM
The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.

Egypt - Society
7/20/2023 2:51:26 PM
If you are a Thanaweya Amma high school senior student looking for a scholarship to fund your undergraduate education through the 2023-2024 academic year, there are a handful of opportunities whose deadlines are fast approaching.

Business - Economy
7/20/2023 12:00:00 AM
Egypt is currently in talks with the United Arab Emirates to secure a total of $500 million in funding to import wheat, Bloomberg quoted Minister of Supply and Internal Trade Ali El-Moselhi as saying on Thursday.

World - International
7/19/2023 8:01:03 PM
French prosecutors said Wednesday they had opened an investigation into an online collection for a French policeman who sparked nationwide riots in late June by shooting a teenager dead in a Paris suburb.

Business - Economy
7/19/2023 5:21:24 PM
Assets under the management of the Sovereign Fund of Egypt (SFE) recorded $12 billion, Chairman of the fund and Minister of Planning and Economic Development Hala El-Said stated on Wednesday.

World - Region
7/19/2023 10:27:53 AM
The United Nations food agency said Tuesday it will reduce monthly cash aid for 120,000 Syrian refugees living in two camps in Jordan because of what it described as an “unprecedented funding crisis.”

Business - Markets & Companies
7/18/2023 3:28:36 PM
Egyptian state-owned Sidi Kerir Petrochemicals (Sidpec) said its board of directors had approved the takeover of another state-owned company, Egypt Ethylene and Derivatives Company (Ethydco), according to a stock exchange statement on Monday.

Business - Markets & Companies
7/17/2023 3:18:28 PM
Flash, Egypt’s new cashless payments app, has completed a $6 million seed round led by Addition with participation from Flourish Ventures and other strategic angel investors.

Sports - Africa
7/14/2023 5:08:00 PM
FIFA will pay a total of $4.57 million to 18 African clubs for releasing their international players to participate in the 2022 World Cup in Qatar.

Business - Economy
7/13/2023 7:02:37 PM
The International Monetary Fund (IMF) has welcomed recently steps by the Egyptian government to push forward the Initial Public Offering (IPO) Programme, boosting the private sector and tackling its dollar shortage.

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