Egypt Financial News

02.07 / 04:17

Provident Cooper Manufacturing Continental HAL India, Tanzania finalise five-year roadmap to expand defence collaboration including equipment & tech

S Jaishankar’s proposed trip to Tanzania next week India and Tanzania have finalised a five-year roadmap to expand bilateral defence cooperation including in areas of infrastructure building and collaboration in military equipment and technology. Both sides agreed on the roadmap at the second edition of India-Tanzania Joint Defence Cooperation Committee (JDCC) meeting that was held in Arusha (Tanzania) on June 28 and 29.

07.06 / 18:39

Blockchain banking Future Will crypto remittances be the future of global money transfers?

In this era of global economies, where cross-cultural exchanges and international transactions are increasingly common, the demand for efficient and accessible cross-border money transfers has reached new heights of importance. Whilst traditional remittance providers have long dominated the market, the rise of cryptocurrencies has introduced a disruptive force that is challenging the status quo. As cryptocurrencies gain momentum, the question arises: Will crypto remittances shape the future of global money transfers?

06.06 / 20:09

BRICS The Rise of Cryptocurrencies in Arab Countries: Understanding Saudi Arabia's Latest Move

With cryptocurrencies increasingly gaining a foothold across the Arab world, some industry analysts are examining how Saudi Arabia’s plan to join China’s New Development Bank, also known as the BRICS bank, could impact on diversifying the kingdom’s financial environment.

31.05 / 01:55

COST UPS VISA Gap Airlines end Very few U.S.-China flights are back despite the end of Covid

BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according to a Nomura report.

28.04 / 16:23

Blockchain Payments FinTech Money Transfers Pilots Crypto platform Simple.app pilots new solution for sending money to Ukraine

International money transfers have long been a challenge for anyone who needs to send money from one country to another. Traditional banking systems are slow and expensive because many banks don’t have a direct relationship with each other, so they have to charge high processing fees or use an intermediary to complete a transfer. The multi-step process can take days or even weeks to complete a transfer. This makes it increasingly difficult for people to pay for expenses abroad or send money to loved ones who may be in a time crunch.

22.04 / 16:07

business Gemini Derivatives Winklevoss Twins Gemini to launch derivatives platform outside the United States

United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country.

06.03 / 19:13

Binance SEC MasterCard Legal Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks' Association to Develop a Blockchain-based KYC Platform

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________

09.02 / 18:35

Fallout Egypt Launches Privatization Drive as Economy Reels From Inflation

CAIRO—Egypt is set to sell stakes in 32 state-run companies in everything from electricity and banking to hotels, in a bid to attract more private investment as the cash-strapped country grapples with the economic fallout from the Ukraine war.

08.02 / 14:01

BTC Fighting scam Bitcoin Brazil: $193m ‘Crypto Pyramid’ Firm Declared Bankrupt

Indeal, the Brazilian company behind a suspected crypto pyramid scheme worth some $193 million, has declared bankruptcy.

09.01 / 21:49

Facebook Egyptians Cut Back on Staples as Inflation Rises

As food inflation in Egypt climbed to 30% in November, the government suggested a new way to cut back: eat chicken feet.

08.01 / 19:17

Facebook Egyptians Cut Back on Staples as Inflation Rises

As food inflation in Egypt climbed to 30% in November, the government suggested a new way to cut back: eat chicken feet.

10.12 / 14:13

European Union reports Third migrant loses leg to frostbite at Lithuania-Belarus border: Reports

Another migrant has lost their leg to frostbite after being pushed across the Lithuanian border from Belarus, according to Lithuania's public broadcaster.

02.12 / 13:05

Provident Platform Infinity play 14 Best Play to Earn Games for 2022

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

28.11 / 13:25

Binance Hack Hackers 500 Binance CEO Warns Users to Be Vigilant as Dark Web Hackers Auction Off 500 Million Whatsapp Numbers

Binance CEO Changpeng Zhao has warned users of an upcoming wave of phishing scams as hackers are selling up-to-date mobile phone numbers of nearly 500 million WhatsApp users.

22.11 / 13:43

Stocks market Fighting COP Green Investing is On The Rise and This Eco-Friendly Crypto Just Raised $13,000,000 – Find Out Why

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

22.11 / 10:17

business LGBT European Union Deal COP27: EU left 'disappointed' by lack of ambition in final deal, calling it a 'small step forward'

The European Union is not hiding its disappointment with the climate deal struck at COP27, criticising its lack of ambition and warning of an increasingly distant possibility to keep global warming under the 1.5 °C target.

21.11 / 17:29

Terraform Labs These Countries Were Hit The Hardest By the FTX Collapse – Find Out Why

South Korea, Singapore, and Japan are the three countries most impacted by crypto exchange FTX's infamous implosion, with a combined 15.7% traffic share to FTX.com, said a report by Coingecko.

20.11 / 12:19

climate conference Low Kazakhstan goes to the polls in 'low-key' snap presidential election

Voters in Kazakhstan are casting their ballots Sunday in a snap election that looks likely to return the incumbent president to power, in an election the OSCE has described as "low-key."

20.11 / 12:01

climate conference COP27 climate summit closes with agreement to compensate poor countries

Early on Sunday morning negotiators managed to agree on what's called a loss and damage fund.

17.11 / 15:41

UPS Provident Racing Egypt Dims the Lights in Cairo to Free Up More Gas for Europe

CAIRO—Egypt is racing to provide more natural gas to Europe by cutting back on its domestic energy consumption, part of an effort to bulk up state coffers amid an economic crisis.

13.11 / 14:05

'A humanitarian catastrophe' as Ukraine counts the cost of Russia's Kherson retreat

After celebrating the liberation of Kherson -- which brought jubilant people to the streets of several Ukrainian cities -- officials are now warning of an unfolding humanitarian disaster.

what's happening in Egypt

What is the current situation in Egypt?

In Egypt, the spotlight is on major events that affect the region’s daily life.

Where can I find reliable news about Egypt?

We publish reliable reports about the situation in Egypt, based on information from trusted sources.

What shapes the media agenda in Egypt?

The news landscape of Egypt is shaped by key decisions by local authorities, reflecting its specific characteristics.