After seven years of being in the red, the Central Bank of Egypt (CBE) has announced a significant turnaround in its financial performance during the previous fiscal year (FY2023/2024), reporting its first profit since FY2016/2017.

Marking a remarka…

Auto sales in July surged by 42.2 percent month-over-month, reaching 11,400 vehicles, according to the Automotive Marketing Information Council (AMIC).

This marks the fourth consecutive month of increased sales, following a significant 43 percent de…

Rosatom, the Russian company, under the guidance of its General Director Alexey Likhachev, is targeting a 30 percent implementation rate for the Dabaa nuclear facility in Egypt. This ambitious goal was highlighted during a meeting with Egypt’s Prime …

Deputy Minister of Housing, Utilities and Urban Communities Sayyed Ismail discussed with the official in charge of a Dutch company, specialized in designing and establishing drinking water stations and drainage treatment plants with small capacities …

The Sustainable Agricultural Rural Development Program (Reef Saudi) concluded its training program on mangrove honey production in the Eastern Region.

The event was attended by farmers, beekeepers, and honey production experts.

The training took pl…

Islamic Development Bank (IsDB) President Dr. Mohammad Al-Jasser has recently met with Brunei Darussalam’s Minister of Home Affairs Ahmaddin bin Haji Abdul Rahman and Minister of Religious Affairs Badaruddin Othman to discuss issues of mutual interes…

Oil prices fell slightly, today, Tuesday, after rising by more than seven percent in the previous three sessions, against the backdrop of supply concerns.

Brent crude futures fell 36 cents, or 0.4 percent, to $ 81.07 a barrel, and US West Texas Inter…