Abu Dhabi Islamic Bank (ADIB) Egypt has reported a significant increase in its consolidated net profits for the first half of 2024. The bank’s net...
Egyptian Olympic Wrestler Mohamed ‘Kesho’ Ibrahim Arrested in Paris for Sexual Assault
In a shocking turn of events, Egyptian Olympic wrestler Mohamed ‘Kesho’ Ibrahim has been arrested in Paris on charges of sexual assault. The incident allegedly...
US Restarts Offensive Weapons Sales to Saudi Arabia After Lengthy Ban
In a significant policy shift, the United States has decided to lift its ban on the sale of offensive weapons to Saudi Arabia. This decision,...
Foreign Doctors Answer the Call to Help in Israel’s Hospitals and Rehab Centers
In a remarkable display of solidarity, foreign doctors from around the world have flocked to Israel to assist in its hospitals and rehabilitation centers. This...
Remittances from Egyptians Abroad Surge 66% to $7.5 Billion
In a remarkable financial development, the Central Bank of Egypt (CBE) has reported a significant increase in remittances from Egyptians working abroad. The remittances surged...
Egypt’s GASC Secures 36,600 MT of Vegetable Oils in International Tender
In a significant move to bolster its vegetable oil reserves, Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), has successfully procured 36,600...
Egypt’s Qardy Secures Funding Round to Expand in MENA
Egypt-based fintech Qardy has successfully secured a seven-figure pre-seed funding round to expand its operations across the MENA region. This significant investment, led by White...
Egypt’s EGX Indices Show Positive Performance on Tuesday
On Tuesday, Egypt’s stock market indices demonstrated a robust performance, reflecting investor confidence and economic resilience. The EGX30 main index rose by 1.33% to 28,210.41...
EasyJet Suspends Flights to Tel Aviv Amid Rising Tensions
British low-cost airline EasyJet has announced the suspension of its flights to Tel Aviv, citing safety concerns amid escalating tensions in the region. The decision...
Saudi Woman Allegedly Abducted from Australia: Lawyer Raises Concerns
A Saudi Arabian woman, Lolita Safeeraldeen, who sought asylum in Australia, has reportedly been abducted and flown back to Saudi Arabia. Human rights lawyer Alison...
Saudi Arabia Unveils 15 Stadium Designs for FIFA World Cup 2034
Saudi Arabia has unveiled an ambitious plan to host the FIFA World Cup 2034, showcasing 15 innovative stadium designs that blend modern technology with the...
Saudi TASI Reduces Losses by Closing Down at 2.1%
The Saudi Tadawul All Share Index (TASI) experienced a significant drop, closing down by 2.1% on Monday. This decline, amounting to 249.91 points, brought the...
Saudi’s Small Crude Price Hike for Asia Reflects Bigger Concerns
Saudi Arabia’s recent decision to raise its official selling prices (OSPs) for September-loading crude oil to Asia by a modest 20 cents per barrel has...
Egypt’s Oldest Pyramid May Have Been Built Using Water-Powered Elevator
Recent studies suggest that Egypt’s oldest pyramid, the Step Pyramid of Djoser, may have been constructed using an innovative water-powered elevator system. This groundbreaking theory,...
Egypt Through the Lens: Stage and Screen
In a captivating exploration of Egypt’s cultural history, the documentary series “Egypt Through the Lens: Stage and Screen” delves into the golden age of Egyptian...
Saudi Talco’s Q2 Net Profit Climbs 37%
In a remarkable financial performance, Saudi Talco Industrial Company (Talco) has reported a 37% year-on-year increase in its net profit for the second quarter of...