Saturday, April 20, 2024
HomeTagsEgypt

Tag: egypt

spot_imgspot_img
Business

Egypt’s Central Bank Maintains Stable Interest Rates

CAIRO: The Central Bank of Egypt (CBE) kept its key overnight interest rates unchanged on Thursday, saying commodity prices appear to be falling and economic growth is likely to recover in the fiscal year that begins next week. As expected, the bank’s Monetary Policy Committee (MPC) left the lending rate steady at 19.25 percent and the deposit rate at 18.25 percent. Not one of 17 analysts polled by Reuters on Monday had forecast a change.
sport

2023 King Salman Club Cup Games to be Held in Three Saudi Cities

RIYADH: The Arabian Football Federation has released the schedule and confirmed the venues for the group stage matches of the 2023 King Salman Club Cup. The Saudi cities of Taif, Abha and Al-Baha will host the tournament, with the matches being played between July 27 and Aug. 12, the federation said on Thursday. Before then, Sudanese club Al-Hilal will face Aymen Sfaxi of Tunisia in a delayed second qualifying round tie on July 4 and 7, the winner of which will join Saudi side Al-Ittihad, Iraq’s Al-Shurta and Al-Taraji of Tunisia in Group A
sport

Mayar Sherif: Highest-Ranked Egyptian in Tennis History by Design

In a recent conversation with her psychologist, Egyptian tennis star Mayar Sherif was asked what was driving her the most. “She was asking me, ‘What is your motivation right now? Because motivation can move mountains’,” recalled Sherif in an interview with Arab News on Monday. “I told her, ‘I’m dying to pass Ismail’s career-high mark of 34,’ so that was definitely a goal I had in my mind.” Sherif was referring to Ismail El-Shafei, who, until Sunday, was the highest-ranked Egyptian in Open era history, having peaked at No.34 in the world back in 1975.
Business

Egyptian Health Tech to Save Saudi Lives After Acquisition

CAIRO: Saudi Arabia’s health care sector has gained a new entrant from Egypt aimed at addressing the challenges posed by delayed medical reports and improving patient outcomes.  Founded in 2017, Rology has secured its position in the Saudi market after sealing the acquisition of its counterpart Arkan United.  In an interview with Arab News, Amr Abodriaa, CEO and co-founder of Rology, expressed the significance of this move in establishing a leading position in the Saudi market. 
Business

Egypt seeks to join BRICS, confirms Russian ambassador

RIYADH: In a bid to enhance trade and economic cooperation, Egypt has officially applied to join the five-member BRICS bloc of emerging economies, according to Georgy Borizenko, the Russian ambassador to Cairo.  The BRICS group comprises Brazil, Russia, India, China and South Africa. “Egypt has applied to join the BRICS group because one of the initiatives that BRICS is currently engaged in is the maximum transfer of trade to alternative currencies, whether national or the creation of some kind of joint currency. Egypt is very interested in this,” said Borizenko. 
Business

PIF’s Jada to Boost Saudi Arabia’s Startup Scene

CAIRO: Saudi Arabia’s startup landscape has received a significant push after a subsidiary of the Kingdom’s Public Investment Fund committed to investing in several venture capital vehicles. PIF’s Jada Fund of Funds Co. plans to invest an undisclosed amount in Bahrain-based Investcorp’s $500 million Saudi pre-initial public offering growth fund. The investment vehicle is exclusively focused on supporting a diverse range of companies based in Saudi Arabia during their pre-IPO stage.
sport

Arab Futsal Championship Semi-Finals: Libya vs Morocco, Kuwait vs Algeria

JEDDAH: Libya, Morocco, Kuwait and Algeria are through to the semi-finals of the 2023 Arab Futsal Cup after an exciting day of competition in Saudi Arabia. In first of the quarter-finals, all of which were played on Tuesday at the Ministry of Sports Hall in Jeddah, Libya defeated Lebanon 5-2. Libya’s goals were scored by Mohammed Saeed, who grabbed two, Ziad Aziz, Izz Al-Din Al-Marimi and Ahmed Al-Agnaf. Lebanon’s consolations came from Issa Mahrez and Majd Hamoush. Libya’s Suhaib Al-Ghoul was named player of the match. 
1234...8Page 3 of 8

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder=”Your email address” btn_horiz_align=”content-horiz-center” pp_msg=”SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==” pp_checkbox=”yes” tdc_css=”eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9″ display=”column” gap=”eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9″ f_msg_font_family=”downtown-sans-serif-font_global” f_input_font_family=”downtown-sans-serif-font_global” f_btn_font_family=”downtown-sans-serif-font_global” f_pp_font_family=”downtown-serif-font_global” f_pp_font_size=”eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==” f_btn_font_weight=”700″ f_btn_font_size=”eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==” f_btn_font_transform=”uppercase” btn_text=”Unlock All” btn_bg=”#000000″ btn_padd=”eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9″ input_padd=”eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9″ pp_check_color_a=”#000000″ f_pp_font_weight=”600″ pp_check_square=”#000000″ msg_composer=”” pp_check_color=”rgba(0,0,0,0.56)” msg_succ_radius=”0″ msg_err_radius=”0″ input_border=”1″ f_unsub_font_family=”downtown-sans-serif-font_global” f_msg_font_size=”eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==” f_input_font_size=”eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==” f_input_font_weight=”500″ f_msg_font_weight=”500″ f_unsub_font_weight=”500″]

Must read

spot_img

Latest

US Congress to vote on aid for Ukraine, Israel, Taiwan: What’s the deal?

Features 0
Showdown looms: Speaker Mike Johnson struggling to rally Republican malcontents, dependent on Democratic votes.

US announces UN World Food Programme to aid Gaza via sea route

News 0
WASHINGTON: The UN World Food Program has agreed to help deliver aid for the starving civilians of Gaza once the US military completes a pier for transporting the humanitarian assistance by sea, US officials said Friday.

Popular

Mumbai Cook Votes in India’s Election: When Will Good Days Come?

Features 0
‘When all the money the politicians promise reaches our bank accounts, that’s when I will believe them,’ she says.

North Korea tests new ‘super-large warhead’: State media

News 0
Pyongyang says new warhead designed for cruise missiles, adding that a new anti-aircraft rocket was also tested.

Popular

Google Fires 28 Staff for Protesting Cloud Contract with Israel

Economy 0
Tech giant says employees engaged in 'completely unacceptable behaviour' during sit-in at company offices.

Apple invests in Vietnam as Tim Cook visits Hanoi

Economy 0
Apple CEO is expected to meet programmers, students and content creators during two-day visit.

© 2023 TOMI. All Rights Reserved.