CBE reports EGP 78bn in microfinance, receives honour from EFFMSMP
The Central Bank of Egypt (CBE) announced that its various initiatives have led to a significant growth in the funding allocated to microenterprises, from both the banking and non-banking sectors.…
EEC reports 10% increase in Egypt’s engineering exports in 11M 2023
The Engineering Export Council of Egypt (EEC) announced on Tuesday that Egypt’s engineering exports reached $3.876bn in the 11 months from January to November 2023, a 10% increase from the…
TradeHub launches with bold vision to connect Egyptian manufacturers, traders
TradeHub, an Egyptian startup co-founded by Ahmed Gaber and Ahmed Atef, has launched its dedicated digital platform to promote exports, facilitate trade operations, and support local manufacturers in accessing local…
Egypt’s gold market faces high speculation: Gold Bullion
Gold prices in Egypt are unstable due to the successive hikes and record levels, even during the global market holiday. Some believe that these price movements are unjustified and influenced…
Beltone, Kandil Glass sign EGP 250m sale, leaseback agreement
Beltone Financial Holding, one of the fastest-growing financial institutions in Egypt, announced Tuesday that its wholly-owned subsidiary Beltone Leasing and Factoring has signed a sale and leaseback agreement worth EGP…
NTRA hosts first Regulatory Forum for Citizen Services
The National Telecom Regulatory Authority of Egypt (NTRA) hosted Tuesday the first Regulatory Forum for Citizen Services, with the participation of six regulatory authorities: the Egyptian Environmental Affairs Agency (EEAA),…
Finance Minister outlines plan to reduce Egypt’s public debt, boost economic growth
Private sector to drive economic recovery in 2024, supported by tax, custom incentives to encourage green investments
Sudanese military leaders to meet amid escalating conflict
The Chairperson of the Sudanese Sovereignty Council and Army Commander, General Abdel Fattah Al-Burhan, was invited by the Chairperson of the Intergovernmental Authority on Development (IGAD) to meet with the…
Egypt, Jordan discuss ceasefire efforts in Gaza
Egypt’s Foreign Minister Sameh Shoukry met with his Jordanian counterpart Ayman Safadi in Cairo on Tuesday to discuss the ongoing situation in Gaza and the region. They emphasized Egypt’s constant…
Fungal infections ‘resist occupation’ in Gaza, killing one Israeli soldier, contaminating 10 others
Israeli media reported that an Israeli soldier, who was part of the Israeli invasion of Gaza, died from a fungal infection in the Gaza Strip. About 10 other wounded soldiers…
