Agricultural Bank of Egypt forms new board for three-year term
The Agricultural Bank of Egypt (ABE) has announced the formation of a new Board of Directors for a three-year term, following approval from the Central Bank of Egypt (CBE) and…
Suez Canal Bank posts EGP 1.3bn in Q1 profits, doubling year-on-year
Suez Canal Bank reported net profits of EGP 1.3bn for the first quarter (Q1) of 2025, more than double the EGP 600m recorded in the same period last year—an impressive…
SAIB Bank delivers strong Q1 2025 results with EGP 51bn in local currency loans
SAIB Bank posted robust financial results for the first quarter of 2025, with its local currency loan portfolio rising to EGP 51bn in March—an increase of 17%, or EGP 8bn,…
HDB reports EGP 4.82bn net profit in Q1 2025, launching new strategy with strong momentum
The Housing and Development Bank (HDB) has kicked off its 2025–2030 strategic plan with a strong financial performance in the first quarter of 2025, posting substantial growth across all key…
Gates Developments Launches 2nd Phase of Its Landmark Project “Lyv Caesar”, Ras El Hekma, with Investments Exceeding EGP 2 billion
Gates Developments, the leading real estate developer, has announced the launch of the second phase of its flagship project “Lyv Caesar,” located in the prime Ras El Hekma area at…
LMD Unveils “Being” in New Zayed, Partners with LA7 to Launch Innovative Business Hub “Mindset”
Landmark Developments (LMD), one of Egypt’s leading real estate developers, has launched a new mixed-use project in New Zayed under the name “Being,” introducing a unique urban model that merges…
*Korea, Egypt hold seminar to strengthen manufacturing supply chain cooperation*
The Embassy of the Republic of Korea in Egypt and the Korea Trade-Investment Promotion Agency (KOTRA) jointly organised the 2025 Korea-Egypt Manufacturing Partnership Seminar in Cairo on 14 May 2025,…
Egypt stresses human capital investment as pillar of sustainable development
Egypt’s Deputy Prime Minister for Human Development and Minister of Health, Khaled Abdel Ghaffar, has emphasized the central role of investing in human capital to achieve inclusive and sustainable national…
Egypt’s Al-Mashat, IMF mission discuss reforms, external financing
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with an International Monetary Fund (IMF) mission, led by Ivanna Vladkova Hollar, on Wednesday to review macroeconomic indicators,…
Gaza bleeds: Israeli escalation undermines truce talks amid deepening humanitarian catastrophe
Gaza endured another devastating dawn on Wednesday as Israeli warplanes launched one of the heaviest bombardments since the conflict began on October 7, 2023. Airstrikes targeted multiple areas across…