Saturday, May 31, 2025

Egypt

Egypt launches mobile application to pay fees for imported phones

Egypt will launch a new mechanism to combat mobile phone smuggling in the coming days. The Egyptian government has developed An electronic application that allows individuals By registering their mobile phones without incurring additional customs fees to address this issue...

Public holidays in 2024: Holiday schedule in the UAE, Saudi Arabia and Egypt

UAE, Saudi Arabia and Egypt are preparing for the end-of-year holidays. As the end of 2024 approaches, you are looking forward to...Peoples of Arab countriesSeveral remaining public holidays give public and private sector workers continuous rest and vacation periods. These holidays...

Egypt raises electricity prices for homes by up to 50%

Electricity prices for homes in Egypt to rise by nearly 50 percent as subsidies gradually phased out Reuters quoted government sources as saying that Egypt raised electricity prices for homes by up to 50 percent, while gradually eliminating subsidies as...

Emirati company develops $500 million project in Egypt

The agreement includes the construction of three residential and commercial towers and a five-star hotel in an area overlooking Warraq Island, north of downtown Cairo. Safwat El-Qalyoubi Group signedEgyptianUAE investment firm KSH has signed a deal worth 24 billion Egyptian...

ADNOC is looking to expand in Egypt, Saudi Arabia and the UAE with huge investments

ADNOC Distribution continues its expansion journey in the markets of Egypt, Saudi Arabia and the UAE, supported by an ambitious investment strategy and flexibility in seizing promising acquisition opportunities. The Emirati company ADNOC Distribution plans to significantly expand its network...

Saudi Arabia is the latest face of electric car manufacturing in Egypt

An agreement between the Saudi Waja Group and the Arab Organization for Industrialization to establish a joint company to manufacture electric cars in Egypt. Occurred Saudi Waja Group A framework agreement with the Egyptian Arab Organization for Industrialization to manufacture...

Gold price today in Egypt, Saturday 3/9/2024

Gold price today in Egypt: Find out the price of gold today in Egypt, Saturday 3/9/2024, and the price of 21 karat gold, the best seller in the local market. Continued average Today's gold price in Egypt Saturday 3/9/2024, with...

Egypt announces the completion of the first batch of the “Ras El Hekma” project deal

The Egyptian government announced the receipt of the first batch of flows from the Ras El Hekma project amounting to $15 billion, according to a Cabinet statement on Friday. On Thursday, Egypt announced that it would receive $5 billion, and...

Central Bank of Egypt issues regulations governing financing lease activity

The Central Bank of Egypt (CBE) has issued some regulations governing the financing provided by the banks to the financing lease firms, Al Mal News reported, citing the (CBE). As per the new regulations, the total direct and indirect credit...

Household sector deposits in Egypt increased by 17% last fiscal year

Bank deposit balances for the family sector in Egypt increased by 17% on an annual basis, during the last fiscal year 2022-2023, to represent 58.3% of total deposits. According to data issued by the Egyptian Central Bureau of Statistics on...

Latest News

UAE-Pakistan travel: PIA relaunches direct flights from Dubai to Skardu

Pakistan International Airlines (PIA) announced on May 30 the re-launch of its direct service between Dubai International (DXB) airport...

Schengen visa scam in UAE: Fake travel agents charging Dh4,000, experts warn

With the summer travel season in full swing, UAE residents are being warned about fraudulent travel agents charging thousands of dirhams per person for...

Dubai: No private parking? Residents may need to pay Dh500 for a spot this summer

With the Eid Al Adha break starting next Thursday, many UAE residents preparing for summer travel are facing an unexpected hurdle - soaring private...

UAE introduces new service to verify academic degrees of private sector employees

A new digital project launched in the UAE will help verify the academic qualifications of private sector workers, authorities announced on Monday. The service...

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The...