Egypt Financial News

October 7 rampage killed about 1,200 people, mostly civilians, and abducted some 240 men, women and children. Fifty-two Israeli soldiers have been killed. Here are the top developments in this story, 1) United Nations Secretary-General Antonio Guterres has reiterated his call for an immediate humanitarian ceasefire.

CAIRO — Egypt's stock market witnessed a day of historic gains with the benchmark EGX30 index reaching nearly 24,900 points, marking a significant milestone. This surge reflects a 2.12% increase from the previous session, underscoring the bullish sentiment prevailing in the market.

The Washington Post was vehemently denied by both Israeli Prime Minister Benjamin Netanyahu and US officials. The hostage release could begin within the next several days, barring last-minute hitches, according to people familiar with the detailed, six-page agreement, the paper said on Saturday. The debated mention of the ceasefire agreement comes even as Israel seemingly increases their aggressiveness in the ground offensive against Hamas militants to southern Gaza after air strikes killed dozens of Palestinians, including civilians reported to be sheltering at two schools.

Gaza Strip — At least 30 premature babies were evacuated from Gaza's main hospital on Sunday and will be transferred to facilities in Egypt, the territory's Health Ministry said. Medhat Abbas, a spokesman for the ministry, confirmed the evacuation in a phone call with The Associated Press. A World Health Organization team that visited Shifa Hospital on Saturday said 32 babies were among scores of critically ill patients stranded at the hospital, where Israeli forces have been operating since last week.

Indian Air Force (IAF) C17 aircraft, carrying 32 tonnes of aid for civilians in Gaza caught up in the ongoing Israel-Hamas war, on Sunday departed for the El-Arish Airport in Egypt. Taking to his official handle on X, External Affairs Minister S Jaishanker reaffirmed New Delhi's commitment to extend humanitarian assistance to Gazans, posting, «We continue to deliver humanitarian assistance to the people of Palestine. Second @IAF_MCC C17 aircraft carrying 32 tonnes of aid departs for the El-Arish Airport in Egypt.» Earlier, India sent 38 tonnes of humanitarian relief for civilians caught up in the ongoing ground offensive by the Israeli forces in the Strip. The aid package comprised fluids and painkillers.

The first part or the initial four episodes of «The Crown» season 6 have focussed on Princess Diana's life. The remaining six episodes are likely to delve into royal events. «The Crown» season 6 part 2 or the final six episodes of the sixth season will start streaming on Netflix from December 14. Netflix in a statement said that in the final six episodes, Queen Elizabeth II (Imelda Staunton) reflect on her reign and look ahead to a time when her successors will take the throne. The two-part sixth, and final, season of “The Crown” explores Princess Diana’s final days before she perishes in a car accident. As a historical drama, the Emmy-winning drama series created by Peter Morgan seeks to tell the story of Queen Elizabeth’s reign against the backdrop of various royal dramas. For Elizabeth Debicki, portraying Princess Diana on “The Crown” for two seasons created a sense of responsibility to be as authentic as possible for the many people who revere the British royal family. Debicki believes it’s a common experience for «The Crown» actors to struggle to “let go” and stop “observing” themselves while filming the show. The pressure of capturing the British royals is intense, especially when depicting the loss of a princess to whom many people still feel connected, she said. Similarly, Khalid Abdalla — who portrays Dodi Fayed, Egyptian billionaire Mohamed al-Fayed's son, who was in a romantic relationship with Princess Diana — viewed his work with Debicki as a huge responsibility.

Kristalina Georgieva said on Friday this week's meeting between U.S. President Joe Biden and Chinese President Xi Jinping is a badly needed signal that the world needs to cooperate more.

United Nations official on Friday renewed calls for a «humanitarian ceasefire» to allow aid to reach the 2.2 million people trapped in the bloody conflict between Israel and Hamas. «Call it what you will, but the requirement, from a humanitarian point of view, is simple. Stop the fighting to allow civilians to move safely,» UN humanitarian chief Martin Griffiths said in an address to the UN General Assembly. «We are not asking for the moon,» Griffiths said.

United Nations was forced to stop deliveries of food and other necessities to Gaza on Friday and warned of the growing possibility of widespread starvation after internet and telephone services collapsed in the besieged enclave because of a lack of fuel. Israel announced that it will allow for the first time two tanker trucks of fuel daily into Gaza for the U.N. and communications systems.

AP reported. Here are the top ten updates on the Israel-Gaza War. Also Read: Israel-Hamas War LIVE Updates 1.

Israeli Prime Minister Benjamin Netanyahu said that Israel's attempts to minimise civilian casualties were “not successful", and he further accused Hamas of preventing civilians from moving to safer locations. As reported by Reuters, during an interview with US television's CBS News on Thursday, Netanyahu faced inquiries regarding the possibility that the actions of Israel, which have led to the deaths of thousands of Palestinians, might sow seeds of animosity in a new generation. “Any civilian death is a tragedy.

Israel and Hamas. "With winter fast approaching, unsafe and overcrowded shelters, and the lack of clean water, civilians are facing the immediate possibility of starvation," Cindy McCain, executive director of the Rome-based WFP, said in a statement. The WFP has been warning of increasing hunger for weeks in Gaza.

Lubna Nazir Shaboo, an Indian national from Jammu & Kashmir living in Gaza, and her daughter Karima, crossed the Rafah border (between Gaza and Egypt) on Monday evening, with the help of Indian diplomatic missions in the region and reached the Egyptian capital the next day, the report said. “I safely crossed over from Gaza at the Rafah border and am now awaiting my return to Kashmir," PTI quoted Shabooas saying from Cairo. The return journey plan was in the works, she added.

Galaxy Surfactants Limited, said that impact of inventory destocking cycle seen during first half FY24 may be behind in Q3 . The volume growth momentum may further catch pace in Q3 and FY24 may see volume growth ahead of company’s guidance of 6-8% Galaxy Surfactants had seen volumes during the Q2FY24 rise 9.8% year-on-year. Most of its markets saw improved pace of growth.

Loco and Rooter, are expanding operations beyond the domestic market as they prepare to take on the likes of YouTube and Amazon’s Twitch in foreign territories, people aware of the developments said. Loco, which is backed by investors like South Korean gaming giant Krafton and Indian gaming-focused venture firm Lumikai, quietly started testing its Arabic app in multiple West Asian countries a few months ago and, according to its cofounder Anirudh Pandita, plans to expand into Latin American countries next.

are in al-Arish (a city in Egypt). Tomorrow morning (Tuesday), they will move to Cairo," Lubna's husband Nedal Toman said in a text message sent to PTI from Gaza. The Rafah crossing near Egypt remains the only exit route from the war-hit Gaza as Israeli troops continue to surround the city.

Bharat Mandapam (Pragati Maidan) is set to come alive as the India International Trade Fair (IITF) opens its doors on November 14, marking a significant annual event for the capital. Officials have revealed that this year's theme is «Vasudhaiva Kutumbakam — United by Trade,» emphasizing global unity through commerce. Trade Fair participants: With participation from 28 states and Union territories, IITF 2023 promises a vibrant display of diversity and business acumen until November 27.

PTI reported. In an official statement, the DMRC said the entry tickets will be available at only 55 selected metro stations including Shaheed Sthal (New Bus Adda), Dilshad Garden, Shahdara, Inderlok, Netaji Subhash Place, Rohini West, Rithala, Noida City Centre, Mandi House, Kashmere Gate and Barakhamba station among others.

IDF in a post on X (formerly Twitter). Also Read | Israel-Gaza War Day 39: Biden talks to Qatari emir; EU condemns Hamas for using civilians as ‘human shields’. Top points In an earlier statement, IDF spokesperson Daniel Hagari also said "There is no siege of Shifa Hospital" and emphasised ongoing cooperation with Gaza's hospital staff, as per an ANI report.

Check all the latest Israel-Hamas war LIVE Updates hereSaudi Arabia, considered as the de-facto leader of the Muslim world, along with its neighbour the United Arab Emirates, was among the countries that blocked a proposal moved at the Islamic-Arab summit to snap all ties with Israel, reports said.The proposal was to sever all diplomatic and economic relations with Tel Aviv, deny Arab airspace to Israeli flights and that the oil-producing Muslim countries should “threaten to use oil as a means of leverage" to achieve a ceasefire in Gaza, The Times of Israel reported Ehud Ya’ari, the Arab affairs analyst of Israeli news platform Channel 12, as saying.The proposal was shot down by Saudi Arabia, the UAE, Jordan, Egypt, Bahrain, Sudan, Morocco, Mauritania and Djibouti, Ya’ari reportedly added. Read the complete story.The World Health Organisation (WHO) on Sunday, November 12 reported that it has lost contact with Al-Shifa Hospital in Gaza City, ANI reported.Al-Shifa Hospital has received international attention after reports of individuals fleeing the hospital being allegedly shot, wounded, or killed.

By Md Manzer Hussain