Gaza under fire, famine: Escalation deepens amid unclear hopes for ceasefire
The Izz al-Din al-Qassam Brigades, the military wing of Hamas, announced on Saturday that its fighters had targeted four Israeli engineering vehicles east of Khan Younis in southern Gaza using…
Egypt inaugurates first Bosch home appliance factory in Africa with €55m investment
Egypt’s Prime Minister Mostafa Madbouly inaugurated the first African factory of BSH, the German-owned home appliance giant behind the Bosch brand, marking a milestone in Egypt’s industrial development and regional…
Egypt mourns 19 girls killed in road crash amid growing outcry over highway safety
Egyptian President Abdel Fattah Al-Sisi has directed the government to provide immediate compensation of EGP 100,000 (approximately $2,100) for each of the 19 victims killed in a devastating road crash…
MSMEDA disburses EGP 57.5bn in project funding over 11 years: CEO
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has disbursed a total of EGP 57.5bn in funding for micro, small, and…
Final deadline for tax dispute settlement requests is 30 June: ETA chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that Monday, 30 June 2025, is the final deadline for submitting requests to settle outstanding tax disputes currently under…
Egypt deepens global transport, industrial partnerships through strategic engagement at Connectivity Forum
During his visit to Türkiye to participate in the Global Transport Connectivity Forum 2025, Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, spearheaded…
ABE hosts Serbian, Angolan delegations to explore agricultural cooperation
The Agricultural Bank of Egypt (ABE) recently received two official delegations from Serbia and Angola in separate visits aimed at exploring opportunities for cooperation in agricultural development and gaining insight…
HDB named among top 100 best-performing companies on EGX in 2024
The Housing and Development Bank (HDB) has been recognised as one of the top 100 best-performing companies on the Egyptian Exchange (EGX) for 2024, during the tenth edition of the…
CBE unveils key financial soundness indicators for banks in Egypt during Q1 2025
The Central Bank of Egypt (CBE) has published the latest financial soundness indicators for the banking sector during the first quarter (Q1) of 2025. According to the report, the aggregate…
OECD report provides roadmap for Egypt’s SME and startup sector
The Organisation for Economic Co-operation and Development (OECD) and the Egyptian government have launched a report on small and medium-sized enterprise (SME) policy, which Cairo will use to update its…