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Cairo, Egypt · CairoThe prominent actress Nelly Karim transitioned from melancholic drama to comedic roles, offering an authentic portrayal of our current reality. Her performance in “Al Serb,” a significant recent release, further solidified her legacy in the film industry. Karim expressed immense joy in contributing to this project. How did you feel upon receiving recognition from the Ministry of Health for your recent achievements? I was pleasantly surprised b…See the Story
‘Al Serb’ will be remembered as remarkable film: Nelly Karim
Cairo, Egypt · CairoAhmed Kouchouk, Minister of Finance, emphasized ongoing efforts to create a more attractive business environment for private sector investments. These initiatives aim to achieve the government’s program goals, establish economic stability, and promote sustainable growth to improve citizens’ living standards, enhance service quality, and create more job opportunities. He highlighted the objective to enhance the stability and transparency of tax p…See the Story
Finance Minister highlights efforts to attract private sector investments in Egypt
Cairo, Egypt · CairoMohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), has issued decision No. 1732 of 2024, outlining the conditions for securities brokerage firms to obtain FRA approval to trade carbon emission reduction certificates. This initiative is part of the FRA’s ongoing efforts to accelerate the activation of the African voluntary carbon market. The FRA has completed all necessary legislative and regulatory frameworks to launch this …See the Story
FRA sets conditions for brokerage firms to trade carbon emission reduction certificates - Dailynewsegypt
Tanzania · TanzaniaEgypt’s Elsewedy Electric, in partnership with The Arab Contractors, has connected three additional hydro turbine generators to Tanzania’s national power grid, bringing the total power supply from the Julius Nyerere Hydroelectric Power Project (JNHPP) to 705 megawatts. The achievement, announced by Tanzanian Deputy Prime Minister and Minister of Energy Doto Biteko on July 16 during a visit to the JNHPP site, marks a significant step towards meet…See the Story
Egypt's Elsewedy Electric boosts Tanzania's power grid with 705 MW - Dailynewsegypt
Breast Cancer · CairoThe Central Bank of Egypt (CBE) has launched a new initiative to provide early detection and free treatment for breast cancer among female employees in the banking sector. The “Your Health is a Commitment” (Sehetak Amana) program, in collaboration with the Baheya Foundation, also includes awareness seminars and support services. The initiative aligns with the National Strategy for the Empowerment of Egyptian Women 2030, which prioritised women’s…See the Story
CBE, Baheya launch breast cancer initiative for banking women - Dailynewsegypt
Cairo, Egypt · CairoThe Central Bank of Egypt (CBE) withdrew EGP 947.1bn from 32 banks in open market operations on Tuesday, at an interest rate of 27.75%. This action follows the CBE’s recent decision to amend its bid acceptance policies. Last week, the CBE secured EGP 1.119trn in liquidity from 32 banks in a similar open market auction. The Central Bank issued new instructions regarding the regulations governing the main operation for deposit linking (Main Operat…See the Story
CBE withdraws EGP 947.1bn from banks in open market operations at 27.75% interest rate - Dailynewsegypt
Rafah · RafahDeputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, met with the US Ambassador to Cairo, Herro Mustafa, and her delegation to explore opportunities for enhancing cooperation between Egypt and the USA in the industrial and transportation sectors. El-Wazir highlighted the Ministry of Transport’s long-standing collaboration with American companies in the railway sector. General Electric (now Wabt…See the Story
El-Wazir, US ambassador discuss strengthening industrial, transport ties - Dailynewsegypt
Entrepreneurs · CairoHassan El-Khatib, Minister of Investment and Foreign Trade, emphasised the government’s commitment to fostering a supportive environment for export-oriented investments. He noted that this initiative is part of the state’s broader strategy to drive positive change through a collaborative system involving various government entities and relevant ministries. During a meeting with the Egyptian-Indian Business Council, El-Khatib highlighted the gove…See the Story