Banking consortium grants EGP 5bn syndicated loan to Drive Finance
A consortium of leading Egyptian banks – the National Bank of Egypt (NBE), Commercial International Bank (CIB), Arab African International Bank (AAIB), Banque du Caire, Housing and Development Bank (HDB)…
Egypt targets 20% industrial GDP share by 2030: Minister
Minister of Local Development and Acting Minister of Environment Manal Awad said Egypt aims to raise the industrial sector’s contribution to 20% of GDP by 2030, expand the share of…
US intensifies pressure on Venezuela as Trump administration labels ‘Cartel of the Suns’ a terrorist organisation
The administration of US President Donald Trump has escalated pressure on Venezuelan President Nicolás Maduro, with Washington’s designation of the so-called “Cartel de los Soles” as a foreign terrorist organisation…
Al-Sisi’s categorical refusal halted Israeli proposal to move Gaza civilians into Sinai, former Mossad chief writes
Egyptian President Abdel Fattah Al-Sisi’s firm rejection stopped an Israeli proposal to relocate Palestinians from Gaza into Egypt’s Sinai Peninsula during the 2023 Gaza war, according to former Mossad director…
Cairo to host 1st Egyptian–African Economic Conference to advance trade, investment, integration
Egypt will host the first Egyptian–African Economic Conference on Saturday at Al-Ahram’s headquarters in Cairo, under the patronage of Prime Minister Mostafa Madbouly and Abdel Sadeq Al-Shorbagy, chairperson of the…
Egypt, Qatar discuss expanding health cooperation, Gaza support
Egyptian Health Minister and Deputy Prime Minister Khaled Abdel Ghaffar met on Sunday with Qatar’s Ambassador to Cairo, Sheikh Jassim bin Abdulrahman Al Thani, to explore ways to strengthen bilateral…
Gaza ceasefire under strain amid Israeli escalation, Hamas delegation heads to Cairo
A Hamas delegation led by senior official Khalil Al-Hayya arrived in Cairo on Saturday night to discuss the latest Israeli escalation in the Gaza Strip and explore steps toward implementing…
Egypt prepares youth-focused financing initiative, incentives for first 100k simplified-system taxpayers: Finance Minister
Finance Minister Ahmed Kouchouk said the government is developing new incentive measures to stimulate productive sectors and strengthen entrepreneurship across the Egyptian economy. He added that the ministry is working…
Egypt secures €53.8m green industry financing from AFD, EIB
Egypt signed a €53.8m concessional financing and grant agreement with the French Development Agency (AFD) and the European Investment Bank (EIB) to support its Sustainable Green Industries (GSI) programme, which…
Egypt’s Madbouly meets Japanese, Vietnamese leaders at G20 to deepen strategic, economic ties
Egyptian Prime Minister Mostafa Madbouly held separate meetings with Japanese Prime Minister Sanae Takaichi and Vietnamese Prime Minister Pham Minh Chinh on the sidelines of the 2025 G20 Summit in…