Drive Finance, a subsidiary of GB Capital and the non-bank financial services arm of GB Corp, has completed an EGP 1.5bn bond issuance with a maturity of 13 months, the company announced. The issuance is a key pillar of Drive Finance’s strategy to diversify its funding sources, strengthen its capital structure and…
Egypt’s Minister of Communications and Information Technology Raafat Hendy delivered Egypt’s address to the plenary session of the International Telecommunication Union’s Plenipotentiary Conference (PP-26) in Doha, where he announced that Egypt is renewing its candidacy for a seat on the ITU Council representing…
Two ministers and the governor of Cairo on Monday opened the capital’s first shelter for stray dogs, a 5,000 sq m site east of the Autostrad road in El Tebbin, south of the city. Manal Awad, minister of local development and environment, Agriculture Minister Alaa Farouk and Cairo Governor Ibrahim Saber toured the…
Mohamed Abou Bakr, Chairperson of the Arab Organization for Industrialization (AOI), received Gildas Agonkan, Minister Delegate to the President of Benin in charge of National Defence, and his accompanying delegation to discuss ways to strengthen bilateral cooperation and leverage the AOI’s advanced industrial…
Egypt’s Ministry of Tourism and Antiquities is using augmented reality (AR) and artificial intelligence (AI) to recreate the fifth-century architecture and spiritual heritage of the historic Abu Mena archaeological site and Saint Mina Monastery in Alexandria. During a meeting chaired by Minister of Tourism and…
Egypt’s Minister of Investment and Foreign Trade Mohamed Farid met executives from France’s Salins Group at the ministry’s headquarters in Cairo to discuss the company’s plans to expand its business in Egypt. Farid met Benjamin Duchesne, general manager of Marine Salt Trading Cie, a Salins Group subsidiary, and export…
Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from Advanced Engineering Consultants (ADVEC), a company specialising in energy management, renewable energy integration and electricity grid solutions, headed by CEO Ahmed Salam. The meeting was attended by Ali Abdel Fattah…
Minister of Investment and Foreign Trade Mohamed Farid met with Adeeb Yousuf Al-Aama, CEO of the International Islamic Trade Finance Corporation (ITFC), and an accompanying delegation to discuss ways to strengthen cooperation in export financing, start-up support, investment zone development, and the use of technology…
Egypt will launch a national programme for the early detection and treatment of childhood cancers in January 2027, with an estimated cost of EGP 1.8 billion (USD 33 million) and a target of reducing diagnosis times by at least 20 percent. Health Minister Khaled Abdel Ghaffar held a meeting on Sunday to review the…
Egypt has permanently designated the Muslim Brotherhood as a terrorist entity, ending the possibility of the group’s listing expiring under previous time-limited court rulings, according to a decision published in the Official Gazette on Monday, 9 November . The decision, issued by the Office for Regulating Lists of…
Egyptian President Abdel Fattah al-Sisi said that his greatest dream is for Egypt to have 10,000 doctors with the same stature and caliber as world-renowned surgeon Magdi Yacoub. Sisi’s remarks came during the opening session of the Third Medical Conference of the Armed Forces College of Medicine, which was held at…
Jerusalem — President Donald Trump said a “great dislike for Israel” was one of the reasons the Republicans lost in the midterm elections, along with the Iran war and the subsequent rise in gasoline prices. “I think if I was on the ballot, it would’ve been a much different situation because you saw the level of …
Nvidia chief Jensen Huang has admitted to having an extramarital affair as his company announced it will investigate reports he was the “target of a foreign intelligence effort.” The separate statements come amid growing concern over Huang’s close relationship with an executive from Singapore-based tech company…
As Russia struggles to advance on the ground in eastern Ukraine, it is pouring more resources into the war in the skies. Russian missiles and drones are hitting Ukraine’s energy infrastructure harder and earlier in the year than in previous years, analysts say, and the Kremlin has broadened its targets to further…
Former President Joe Biden announced Sunday that he “won’t be able to do as many conversations” about his upcoming presidential memoir due to his fight with prostate cancer. “Some days are better than others. It hasn’t stopped me. But sometimes it slows me down. What that means is, unfortunately, I won’t be able to do…
The Red Sea Ports Authority said its ports handled a total of 10,000 tons of general and miscellaneous cargo, 500 trucks and 120 cars on Sunday, November 8, 2026. Port traffic included the arrival and departure of 10 vessels, while a total of 965 passengers arrived at or departed from the ports, the authority said. …
Minister of Planning and Economic Development Ahmed Rostom discussed on Sunday, November 8, 2026, with Indian Ambassador to Cairo Suresh K. Reddy ways to strengthen the strategic partnership and expand cooperation in innovative financing and support for startups. The meeting came as part of Egypt’s efforts to…
Egypt won the gold award in the 25th edition of the British magazine Wanderlust Reader Travel Awards in the category of “Most Desirable Cultural and Heritage Destination,” ranking first ahead of several leading transnational tourist destinations, based on readers’ votes. The Wanderlust Reader Travel Awards are among…
Getting around Cairo means dealing with different routes, traffic conditions and changing travel needs. Whether you’re heading to work, meeting friends or travelling across the city, booking a ride should be straightforward. But how does inDrive work, and what makes its booking process different? Unlike traditional…
Lebanese entrepreneur Karen Wazen expands her eyewear brand in Egypt with two new boutiques at 5A by The Waterway and Arkan Plaza in Cairo.
Getting around Cairo means dealing with different routes, traffic conditions and changing travel needs. Whether you’re heading to work, meeting friends or travelling across the city, booking a ride should be straightforward. But how does inDrive work, and what makes its booking process different? Unlike traditional…
Seven people were killed and 112 injured when two passenger trains collided in El-Ayyat, Giza, on Sunday, Egypt's Health Ministry said.
President Abdel Fattah El-Sisi has ordered the preparation of a strategic national stockpile of essential supplies to ensure Egypt is ready to respond to potential emergencies and crises, according to a statement on Saturday, 7 November. During a meeting with senior military officials and representatives of Egypt’s…
President Abdel Fattah El-Sisi announced that Kayan University will open in February 2027, with capacity for approximately 25,000 students, according to a statement by the Egyptian Presidency on Sunday, 8 November. Kayan University was first announced by the Egyptian Armed Forces in July 2026 as a civilian higher…