Egypt launches initiative to renovate 80,000 homes in rural villages
Egypt has launched a corporate social responsibility initiative to renovate and upgrade 80,661 homes for vulnerable families in villages targeted by the first phase of the presidential "Decent Life" initiative.…
Egypt’s Contact Financial Holding Q1 net income jumps 306 pct
Egypt's Contact Financial Holding on Tuesday reported a 306% year-on-year surge in its first-quarter net income to EGP 59m, driven by strong performance in its insurance division. The non-bank financial…
Egypt aims to cut external debt by $1-2bn annually, presidency says
Egypt is targeting an annual reduction in the external debt of its budget authorities by $1bn to $2bn, the Egyptian Presidency said on Tuesday, as part of a plan to…
Egypt’s Beltone Leasing secures $20m from German-managed funds
Beltone Leasing and Factoring, a subsidiary of Egypt's Beltone Holding, has secured $20m in funding from two impact investment funds managed by Germany-based Finance in Motion GmbH. The funding is…
Sixth Edition of Decision-Makers Conference Kicks Off in Cairo June 24
Egypt’s economic and investment community is gearing up for the sixth edition of the Decision-Makers Conference, set to take place on June 24 at the St. Regis Hotel in Cairo,…
Being strategic partners, sky is limit for India-Egypt relations: Indian Ministry of External Affairs
New Delhi–In an era marked by rapidly shifting geopolitical dynamics, India is asserting an increasingly influential role—not only as an economic powerhouse but also as a trusted partner in international…
Egypt’s Al-Sisi tells Iran’s Pezeshkian Israeli escalation threatens region
Egyptian President Abdel Fattah Al-Sisi told his Iranian counterpart Masoud Pezeshkian in a phone call that ongoing Israeli escalation against Iran poses a serious threat to the security and stability…
Madbouly reviews LNG infrastructure readiness at Ain Sokhna Port
Prime Minister Mostafa Madbouly visited Ain Sokhna Port on Saturday to inspect the liquefied natural gas (LNG) regasification vessel Energos Eskimo, as part of the government’s broader efforts to bolster…
First phase of property tax relief to roll out in Q1 of FY26: Finance Minister
Minister of Finance Ahmed Kouchouk announced that the first phase of Egypt’s property tax relief measures will be implemented in the first quarter of the upcoming fiscal year. In parallel,…
Egypt releases Greek-tagged loggerhead turtle in Mediterranean conservation effort
Egyptian environmental authorities have released a tagged loggerhead sea turtle into the Mediterranean Sea off the coast of Alexandria, following its recovery from a head injury—part of an ongoing regional…