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China: Calls for an “international peace conference” to resolve the conflict between Israel and Hamas.

Chinese President Xi Jinping called for holding an international peace conference with the aim of resolving the ongoing conflict between Israel and Hamas, during a virtual summit of the BRICS countries. Xi pointed out that sustainable peace and security in the Middle East cannot be achieved without a just solution to the Palestinian issue.

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The Egyptian Stock Exchange witnessed strong gains, amid optimism that the foreign exchange crisis will soon be resolved.

The Egyptian Stock Exchange recorded strong gains at the close of trading on Thursday. This increase is due to the strong demand witnessed by Arab institutions and investment funds. This rise comes in light of optimism about resolving the foreign exchange crisis, in light of the efforts made by the government and the Central Bank, especially in accelerating the government proposals programme.

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The Council of Ministers is in talks to resolve financial complications between the National Investment Company and the Egyptian Post.

Meeting Held to Discuss Financial Procedures Between National Investment Bank and National Postal Authority
Under the leadership of Dr. Mostafa Madbouly, Prime Minister of Egypt, a meeting was conducted to review the status of financial clarification procedures between the National Investment Bank and the National Postal Authority. The meeting included senior officials from both organizations, as well as the Ministers of Planning and Economic Development, Communications and Information Technology.

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