Trump declares Iran war over as Hormuz, nuclear talks resume
US President Donald Trump formally declared the war with Iran over, citing a ceasefire that has held since early April, as Washington and Tehran entered a new round of indirect…
MSMEDA partners with universities to prepare new generation of entrepreneurs: Rahmy
Micro, Small and Medium Enterprise Development Agency (MSMEDA) is stepping up cooperation with universities to equip young people with the skills needed to launch their own businesses, as part of…
Egypt, Sweden explore expanding pharmaceutical cooperation
The Egyptian Drug Authority (EDA) Chairperson, Ali El Ghamrawy, met with Dag Juhlin-Dannfelt, Ambassador of Sweden to Egypt, to explore avenues for strengthening bilateral cooperation and advancing a strategic partnership…
Egypt renews hosting of ICAO Middle East regional office
Egypt has signed an agreement to renew its hosting of the Middle East regional office of the International Civil Aviation Organization, reaffirming its long-standing role as a key hub for…
FRA issues rules governing registration, practice of risk assessment experts
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued Decision No. 54 of 2026, setting out the conditions, rules, and procedures for the registration and practice of risk…
Egypt discusses new Alexandria hospital project with Greek Orthodox Patriarchate
Egypt’s Ministry of Health has discussed plans with the Greek Orthodox Patriarchate of Alexandria to establish a new hospital attached to the Patriarchate’s headquarters in Alexandria, as part of efforts…
Slower monetary easing to support banks’ profitability: HC
The research department of HC Securities & Investment has released its latest evaluation of Commercial International Bank stock (COMI), projecting that Egypt’s banking sector profitability will benefit from a slower…
Opinion | How are large loans granted?
There is a common, but mistaken, belief that when a bank grants a loan worth billions of pounds to a large company, it deducts these funds directly from customer deposits…
Banque du Caire launches three-year certificate at 17.25% monthly yield, 18-month deposit at 22%
Banque du Caire has launched a new three-year savings certificate offering a competitive monthly return, alongside an 18-month term deposit with an attractive interest rate, as part of its strategy…
CIB launches three-year certificates with competitive fixed, variable returns
The Commercial International Bank (CIB) has introduced a new suite of three-year savings certificates offering competitive returns and flexible payout structures, aimed at customers seeking either stable or market-linked income.…