Next phase to see deeper African market integration, new financial instruments: EGX chair
Islam Azzam, Chairperson of the Egyptian Exchange (EGX), said the coming phase will witness deeper cooperation among African markets, alongside the introduction of new financial instruments and strengthened frameworks for…
Government introduces new deadlines, incentives for delayed industrial projects
The Ministry of Industry has announced a new package of extensions and facilitations for delayed industrial projects that have exceeded their prescribed implementation timelines. The decision reflects the Ministry’s commitment…
Africa must reverse colonial infrastructure models to unite: Former Egypt PM
Africa must dismantle the legacy of colonial infrastructure designed for resource extraction and replace it with networks that foster internal unity, former Egyptian Prime Minister Ibrahim Mahlab said on Saturday.…
UN envoy calls for ‘Club of Debtors’ to tackle Africa’s financial crisis
Africa needs a coordinated "Club of Debtors" to negotiate fair restructuring terms and counter the inflated risk premiums that are strangling the continent’s development, a senior United Nations envoy said…
Egypt launches 3rd Climate Leaders programme
Egypt’s Ministry of Local Development announced on Saturday that Minister Manal Awad, who is also serving as acting environment minister, has launched the third edition of the “Climate Leaders” programme,…
‘We cannot export by email’: Logistics and alien standards stall Africa trade pact
Africa’s trade integration is being crippled by disjointed infrastructure, a lack of "technical sovereignty" and internal coordination failures, senior diplomats and officials warned on Saturday, urging a move beyond political…
Maternal, fetal health initiative screens over 3.6 million pregnant women
Egypt’s Ministry of Health announced on Saturday that a presidential initiative for maternal and fetal health has provided free, comprehensive medical screening to more than 3.6 million pregnant women nationwide…
Israel accused of ceasefire violations as humanitarian risks escalate in Gaza
The Palestinian Ministry of Health in Gaza reported a rise in casualties from ongoing Israeli attacks, despite more than fifty days having passed since the ceasefire agreement took effect. According…
Finance Ministry to issue 41 local debt instruments worth EGP 992bn in December
The Ministry of Finance plans to issue 41 local debt auctions totaling EGP 992bn in December, including 20 treasury bill auctions worth EGP 780bn, 18 treasury bond auctions valued at…
SCB signs protocol with e-Aswaaq Misr to boost SME financing, drive digital transformation
Suez Canal Bank (SCB) has signed a cooperation protocol with e-Aswaaq Misr, a subsidiary of e-Finance for Financial and Digital Investments, to expand financing for small and medium-sized enterprises (SMEs)…