Ninth day of Israel-Iran conflict sees military escalation, diplomatic strains
Military confrontations between Tehran and Tel Aviv intensified on the ninth day of the Israeli offensive against Iran, as global concerns mounted over an escalating humanitarian crisis across the region.…
Gold falls 1.9% in one week despite ongoing Middle East conflict: Gold Bullion
Global gold prices declined over the past week, shedding 1.9% despite briefly hitting a two-month high. The drop is attributed to easing investor anxiety following US President Donald Trump’s decision…
Egypt remains one of Switzerland’s most valued partners: Swiss ambassador
Egypt continues to be one of Switzerland’s most valuable partners—economically, culturally, and geopolitically—according to Ambassador of Switzerland in Egypt, Andreas Baum. Whether through collaboration on green innovation, archaeological research, or…
MSMEDA injects EGP 17.4bn into 900k women-led enterprises over past decade: CEO
Bassel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), announced that the agency has allocated EGP 17.4bn over the past 10 years to support women-led micro…
Union of Arab Banks names Hassan Abdalla ‘Governor of Year 2025’
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), has been named “Governor of the Year 2025” by the Union of Arab Banks. The award was presented during a…
Egypt-Türkiye trade exchange approaches $9bn in 2024: FM Abdelatty
As part of ongoing efforts to strengthen Turkish investments in Egypt, Minister of Foreign Affairs and Immigration Badr Abdelatty met with a group of Turkish business leaders in Istanbul on…
The Role of Crisis Management Committees in Responding to Global Shocks: A Central Pillar for National Stability
As geopolitical tensions intensify and the world grapples with overlapping crises, the need for robust and agile crisis management frameworks has never been greater. These crises—whether political, economic, environmental, or…
United Bank rises to 7th among Egypt’s mortgage lenders with EGP 3.2bn portfolio
Ashraf El-Kady, Chairperson of United Bank, announced that the bank’s mortgage finance portfolio for low- and middle-income housing surpassed EGP 3bn in May 2025. With total financing reaching EGP 3.225bn,…
CBE issues new licensing framework for electronic payment service providers
The Central Bank of Egypt (CBE) has unveiled a comprehensive set of regulations governing the licensing and registration of payment system operators and electronic payment service providers. Issued under the…
Egypt’s Finance Ministry Honours Talaat Moustafa Group for Tax System Support
Egypt's Ministry of Finance has honoured Talaat Moustafa Group, the National Bank of Egypt, and Banque Misr for their role in supporting the government's efforts to modernise the country's tax…