Egyptian Exchange chief highlights investment opportunities for diaspora
The chairperson of the Egyptian Exchange (EGX), Ahmed El-Sheikh, has highlighted the pivotal role of the stock market in supporting the national economy and outlined investment opportunities available to Egyptians…
Egyptians abroad can easily invest in stocks, funds via apps, says FRA chief
Egyptians living abroad can easily invest in the Egyptian Exchange and in investment funds through technological applications, the head of the country's Financial Regulatory Authority (FRA) has said. Speaking at…
Modi urges ‘buy local’ as India defies US over Russian oil
Indian Prime Minister Narendra Modi has urged his citizens to buy locally-made goods in the face of threats from US President Donald Trump to impose tariffs, as New Delhi affirmed…
More US Democrats urge Trump administration to recognise Palestinian state
More than a dozen Democratic members of the US House of Representatives have signed a letter urging the Trump administration to recognise a Palestinian state, while at least one member…
Banking consortium grants EGP 6.2bn syndicated loan to Mountain View for East Cairo project
A banking consortium led by Banque Misr—acting as the financing agent, security agent, and account bank—has signed a long-term syndicated loan agreement worth EGP 6.2bn with Mountain View for Development and…
CBE hosts Kenyan delegation to share cybersecurity expertise
The Central Bank of Egypt (CBE) welcomed on Sunday a high-level delegation from the Central Bank of Kenya (CBK) for an official three-day visit focused on cybersecurity. The visit centred…
Egypt imports 345,000 tonnes of food, agricultural products in one week
The National Food Safety Authority has announced that Egypt received approximately 2,060 food shipments last week, with a combined weight of around 345,000 tonnes, imported by 910 companies. According to…
ETA welcomes dialogue with business community to build trust, enhance tax system: Chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), held a meeting on Sunday with a delegation from the Egyptian-African Businessmen Association to explore avenues for cooperation and listen…
PM reviews plan to unlock full potential of Egypt’s kaolin sand resources
Prime Minister Mostafa Madbouly chaired a meeting on Sunday at the government headquarters in the New Administrative Capital to review a project designed to harness Egypt’s abundant kaolin sand deposits…
Egypt’s PM reviews efforts to support local pharmaceutical industry
Egyptian Prime Minister Mostafa Madbouly on Sunday chaired a meeting to review efforts to support and develop the country's pharmaceutical industry, with the aim of boosting local manufacturing and attracting…