Private Banking launch at QNB Egypt redefines regional excellence: Group CEO
In a move underscoring its commitment to delivering differentiated, client-centric banking solutions, QNB Group has celebrated the launch of Private Banking services at QNB Egypt. The new offering provides a…
40 firms seek MSMEDA classification certificate to access state incentives: Rahmy
Bassel Rahmy, Chief Executive of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that 40 companies have applied for the Agency’s classification certificate dedicated to innovative start-ups, enabling…
HSBC Egypt, Hong Kong TDC boost garment, textiles trade corridor
HSBC Egypt, in collaboration with the Hong Kong Trade Development Council (HKTDC), hosted the Hong Kong Garment and Textiles Business Mission at its Cairo headquarters, bringing together 12 leading Hong…
Egypt to upgrade 800 km of International Coastal Road from Port Said to Salloum
Minister of Transport Kamel Al-Wazir conducted an inspection tour of ongoing works to upgrade the International Coastal Road between Damietta (Furniture City) and Baltim, passing through Gamasa and New Mansoura,…
Banque du Caire signs $16.7m financing deal with Kandil Glass to fund Suez expansion
Banque du Caire has signed a new financing agreement with the Kandil Glass Group to support the company’s capital expansion, including the establishment of a new glass production facility in…
Egypt mandates non-banking financial firms to offset 20% of carbon emissions
Egypt has mandated that non-banking financial institutions with capital exceeding EGP 100m must measure their carbon footprints and offset 20% of their annual emissions through the purchase of carbon credits, Minister of…
Al-Sisi reviews summer electricity plan, orders accelerated solar expansion
Egyptian President Abdel Fattah Al-Sisi reviewed the government’s preparations to secure electricity supplies during the upcoming summer season, as peak demand on the national grid is forecast to rise by…
Egypt to advance government salaries for next two months to ease Ramadan pressures: Madbouly
Egypt will bring forward the payment of government salaries for the next two months to ease financial pressures on households during Ramadan and Eid al-Fitr, Prime Minister Mostafa Madbouly announced…
Egypt launches EGP 40.3bn social protection package ahead of Ramadan: Kouchouk
Egypt has launched a new social protection package worth EGP 40.3bn to support low-income and vulnerable households ahead of Ramadan and Eid al-Fitr, Finance Minister Ahmed Kouchouk announced during a…
One of One partners with iRead to promote reading, cultural awareness in Egypt
One of One has announced a cultural partnership with iRead, a platform dedicated to promoting reading and knowledge across the Arab region. The collaboration aims to foster reading habits, improve…