CINCINNATI — The E.W. Scripps Company has completed its previously announced acquisition of WTVQ, the ABC affiliate in Lexington, Kentucky, from Morris Network, Inc. for $15.8 million. The acquisition creates a duopoly in Lexington with Scripps’ existing NBC affiliate, WLEX, strengthening the…
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Egypt’s rapid rise as one of Africa’s strongest startup ecosystems is offering a new policy blueprint for countries such as Nigeria, where startups remain vibrant but are struggling to attract larger investment. Startup data from 2025 shows Egyptian startups raised about $595 million, representing a 51 percent increase year-on-year, as a combination of government-backed funding, […]
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Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), met with a delegation from DP World to discuss the company’s plans to expand its operations in the Egyptian market over the coming period and review a range of investment opportunities aligned with its global expertise in ports, logistics, supply chains and […]
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The Executive Board of the International Monetary Fund (IMF) completed the seventh review under the Extended Fund Facility (EFF) arrangement and the second review under the Resilience and Sustainability Facility (RSF) arrangement, allowing the authorities to draw the equivalent of about $1.8 billion. Egypt’s economy has remained resilient to spillovers from the war in the […]
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Egypt imposes departure fees on travelers President Abdel Fattah El-Sisi ratified Law No. 148 of 2026 amending certain provisions of Law No. 147 of 1984 concerning the imposition of a fee for the development of state financial resources. The law was published in the Official Gazette, taking effect on the day following its publication date. […]
spsinghSAN FRANCISCO — Wink, one of the AI-powered product brands belonging to Meitu, today announced the expansion of its creative toolkit, bringing together AI video enhancement, AI image enhancement, video editing, and content cleanup into a connected workflow that helps users improve…
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The pyramids at Giza remain one of ancient Egypt’s most enduring historical legacies, and questions have long persisted about the exact methods used in their construction, as well as the origins of those architectural practices. However, new evidence suggests that more than 5,000 years ago, ancient Egyptian builders had already begun experimenting with architectural techniques […]
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The International Monetary Fund (IMF) has added Egypt to the agenda of its Executive Board meeting scheduled for Thursday to consider approving the seventh review under the Extended Fund Facility (EFF) program. The meeting is expected to include discussions on requests for exemptions from and adjustments to certain performance criteria, as well as monetary policy […]
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The Russian Foreign Minister, Sergey Lavrov has met with Badr Abdelatty, the Egyptian Minister of Foreign Affairs. They discussed the situation in the Middle East, which has become volatile as the result of the US-Israeli actions against Iran. Both sides emphasised the imperative of redoubling political and diplomatic efforts to settle differences with due regard […]
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Egyptian TV host Amr Adib commented on the fire that broke out on two ships at Damietta Port following a drone strike, stressing that Egypt’s response to this breach must be firm and direct, RT Arabic reported. In a post shared on his official X (formerly Twitter) account, Adib highlighted that the current situation demands […]
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