CBE’s role is not to push currency up or down: Governor
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the second edition of the AlUla Conference for Emerging Market Economies, organised by the Saudi Ministry of Finance…
Arab, Muslim states condemn Israeli measures in West Bank, reject annexation
The foreign ministers of Egypt, Jordan, the United Arab Emirates, Indonesia, Pakistan, Türkiye, Saudi Arabia, and Qatar condemned what they described as Israel’s “illegal measures” aimed at asserting sovereignty over…
MSMEDA signs EGP 500m funding agreement with Suez Canal Bank
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a financing agreement worth EGP 500m with Suez Canal Bank to expand funding for industrial and productive projects and…
CIB provides $72m financing to Paradise to build region’s largest eco-friendly fabric plant
Commercial International Bank–Egypt (CIB) has signed a partnership and financing agreement with Paradise Textiles and several affiliated companies to support the establishment of the region’s largest fabric manufacturing plant in…
Over 1,500 German firms operate in Egypt with $4.9bn in investments: Minister
Hassan El-Khatib, Minister of Investment and Foreign Trade, inaugurated the Egyptian-German Business Forum, attended by Stefan Rouenhoff, Parliamentary State Secretary at Germany’s Federal Ministry for Economic Affairs and Energy, and…
Iran shackles reformist leaders as Washington signals military brinkmanship
When security forces arrived at the home of Azar Mansouri on Sunday, the arrest of the president of Iran’s "Reform Front" marked more than just a crackdown on a lone…
Al-Sisi, UAE president discuss investment ties, Gaza situation in Abu Dhabi
Egyptian President Abdel Fattah Al-Sisi met UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi on Monday, where the two leaders discussed strengthening bilateral relations, expanding economic and…
Egypt, Spain discuss expanding health cooperation, organ transplantation
Egypt’s Deputy Prime Minister and Minister of Health Khaled Abdel Ghaffar met Spain’s Ambassador to Egypt, Sergio Romano Carranza Forrester, to discuss strengthening strategic partnerships in the health sector, the…
Lavrov says multipolar shift ‘unstoppable’ as Indonesia joins BRICS
Russian Foreign Minister Sergey Lavrov characterised the global shift towards a multipolar world as an "objective" and "unstoppable" historical process, while accusing Washington of attempting to weaponise the U.S. dollar…
Cairo, Athens call for international stability force in Gaza and settlement of Iranian nuclear file
Egypt’s Foreign Minister Badr Abdelatty on Sunday called for the rapid deployment of an international stability force to monitor a ceasefire in Gaza and emphasised Cairo’s ongoing efforts to reach…