Day: September 21, 2024

In a historic step towards advancing inclusive education in Egypt, New Era Education and Moon Hall School have signed a collaboration agreement to establish the country’s first Special Needs Learning Centre at New Giza in Cairo. The agreement was signed during a reception hosted by the Egyptian Embassy in London,…

The Central Bank of Egypt reported that banks operating in the Egyptian market achieved net profits of approximately EGP 289.409bn in the first half (H1) of 2024. According to the Central Bank’s latest report, net interest income across all banks reached EGP 425.067bn, while net operating income amounted to EGP…

Egypt has sought to attract international investors and bolster its economic prospects with a high-level mission to London, as part of a door-knocking initiative. Led by government officials, business leaders, and investors, the visit began on Wednesday, to showcase Egypt’s investment potential, promoting a transition towards a green economy, and…

School supplies have become significantly more expensive this year, forcing families like Layla Hassan’s to cut back on purchases. As a 55-year-old mother of two pre-secondary students, Hassan chose to rely on leftover pens and supplies from the previous year, buying only a couple of new notebooks.  Her experience reflects…

Egypt’s Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with Achim Steiner, UNDP Administrator, on Saturday during the 79th session of the United Nations General Assembly, to discuss the next phase of the strategic partnership between Egypt and the UNDP. The meeting, which followed the recent merger…

Global gold witnessed another week of gains, reaching new historic levels after consolidating its upward trend. This followed the US Federal Reserve’s sharp shift in monetary policy, which began cutting interest rates significantly. The price of an ounce of gold rose by 1.7% over the past week, marking the second…

DORRA Developments has announced a strategic partnership with Jaz Hotel Group. This collaboration will see the management of a new luxury hotel, combining DORRA’s expertise in real estate development with Jaz’s renowned hospitality standards.   The collaboration is set to create a destination that not only enhances the luxury hotel…

Maya Morsy, Egypt’s Minister of Social Solidarity, met with Christian Berger, the European Union Ambassador to Egypt, along with his accompanying delegation, at the ministry’s headquarters in the New Administrative Capital. The meeting was also attended by Marguerite Sarofim, Deputy Minister of Social Solidarity. The discussions focused on strengthening future…

Egypt’s Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with French Ambassador to Cairo Eric Chevalier and AFD Regional Director for Egypt Cécile Couprie to discuss strengthening the strategic partnership between Egypt and the French Development Agency (AFD). The meeting, held on Friday, aimed to discuss priorities…