Banks channel EGP 77.2bn into small, micro enterprises under ‘Decent Life’ initiative by end-2025
The Central Bank of Egypt (CBE) said banks have channelled EGP 77.2bn to finance small and micro enterprises under the presidential “Decent Life” initiative between July 2021 and December 2025.…
Egypt’s EGAC secures EU recognition for carbon footprint verification
Egypt’s Egyptian Accreditation Council (EGAC), affiliated with the Ministry of Industry, has extended its international recognition from the European Cooperation for Accreditation (EA) to include carbon footprint verification under ISO…
Egypt produces 1.1 million tonnes of methanol annually to meet demand, boost exports
Egypt produces around 1.1 million tonnes of methanol annually, meeting domestic industrial demand while exporting surplus volumes to global markets, Minister of Petroleum and Mineral Resources Karim Badawi said. Speaking…
Egypt steps up diplomacy to ease regional tensions, back US-Iran talks
Egypt has intensified diplomatic outreach with regional and international partners to support de-escalation efforts and revive negotiations between the United States and Iran, underscoring the need for political solutions, Gulf…
Egypt showcases water megaprojects powering Sinai agriculture, development
Egypt’s Ministry of Water Resources and Irrigation has highlighted a series of major water projects in the Sinai Peninsula as central to boosting agricultural expansion and strengthening food security, marking…
Egypt showcases ‘Masdar’ platform at UN forum to enhance development financing decisions
Egypt’s Ministry of Planning and Economic Development has highlighted its “Masdar” platform as a key tool for improving decision-making and directing financing towards priority sectors, during its participation in the…
MSMEDA channels EGP 939m into Sinai to fund SMEs, create 25,000 jobs
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has injected EGP 939.4m into North and South Sinai between 2014 and 2025, financing nearly 10,000 projects and generating around 25,000…
Trump scraps Pakistan delegation, says Iran talks can proceed by phone
US President Donald Trump said he had cancelled plans to send a delegation to Pakistan for talks with Iran, describing the trip as unnecessary and indicating that discussions could be…
Egypt’s FRA grants 6 temporary licences to healthcare administrators under new insurance law
Egypt's Financial Regulatory Authority (FRA) has granted temporary operating licences to six healthcare third-party administrator (TPA) companies, as the regulator begins enforcing the country's new Unified Insurance Law, the authority's…
Egypt courts German tour operators with strategic push to boost inbound tourism
Minister of Tourism and Antiquities Sherif Fathy held talks with Albin Loidl, President of the German Travel Association (DRV), alongside senior DRV official Volker Adams and a delegation of leading…