Government supports industry development to meet market needs: Al-Sisi
President Abdel Fattah Al-Sisi affirmed the state’s keenness to support investors and facilitate their projects, saying: “The state is ready to help investors by reducing the financial cost of projects,…
Egypt, Türkiye discuss using local currencies in bilateral trade
Egypt and Türkiye are exploring the possibility of using local currencies in bilateral trade. This was discussed during a meeting on Saturday between Egypt's Minister of Trade and Industry and…
CBE pays $17.7bn in external debt service in 9 months
According to its monthly bulletin, the Central Bank of Egypt (CBE) paid $17.77bn in interest and installments of external debts during the first three quarters of the fiscal year 2023/2022,…
Genocide in Gaza: Israel kills over 7,650 civilians, including 3,195 children
The Israeli aggression on the Gaza Strip has killed 7,650 people, including 3,195 children, and injured about 19,450 others, according to the Palestinian Ministry of Health. Another 1,650 people are…
CEO of Housing & Development Bank reveals EGP 2.556bn plan for sustainable financing in 2023
Bank supports green economy and sustainable development in Egypt
EGP 3.671trn increase in total financial position of banks in 2022/23: CBE
Total financial position of banks operating in Egypt rises to EGP 13.798trn in June 2023
Brazil’s federal government plans to expand internet access nationwide
Brazil's federal government plans to expand internet access throughout the country. National Communications Agency (Anatel) will be responsible for developing tools, projects and actions to ensure continuous improvement, as reported…
Egypt, Russia strengthen cooperation within BRICS framework
Deputy Minister of Foreign Affairs of Russia Sergey Ryabkov and Deputy Ministers of Foreign Affairs of Egypt R. Etreby, H. Fahmy and I. Badawi held a meeting in Cairo. The…
Egyptian artists stand in solidarity with Gaza
The Egyptian Union of Artistic Syndicates organized a demonstration to express solidarity with the people of Gaza, who are facing war crimes by Israel, and invited a large number of…
Egypt’s banking sector boosts micro-projects with EGP 36.1bn in financing: Zulficar
The Egyptian Federation for Micro, Small, and Medium Enterprise Funding, led by Mona Zulficar, announced that the banking sector provided EGP 36.1bn in financing to 810,000 micro-projects until June 2023.…