Egypt’s Doorknock Mission in Washington: Investment prospects amid regional turmoil

The American Chamber of Commerce (AmCham) in Egypt has wrapped up its 43rd “Doorknock Mission” to Washington, concluding a week of high-level meetings that delivered both economic and political signals…

Daily News Egypt

IBAG unveils new identity as ‘Rimmit’, launches strategy and money transfer app

IBAG, a leading international money transfer company, has announced the launch of its new brand identity under the name “Rimmit”, marking a strategic evolution in its journey to deliver advanced…

Hossam Mounir

Opinion | Reading into the Surprise Rate Increase by the National Bank of Egypt and Banque Misr

In a move reflecting clear flexibility in liquidity management, both the National Bank of Egypt and Banque Misr have announced an increase in the yield on three-year fixed-rate certificates to…

Mohamed Abdel Aal

Bank financing for MSMEs surges 390% over decade; mobile wallet transactions near EGP 4trn: CBE

The Central Bank of Egypt (CBE) has reported robust growth in banks’ financing of micro, small and medium-sized enterprises (MSMEs), with portfolios expanding by 390% between December 2015 and December…

Hossam Mounir

Central Bank of Egypt sets new rules for margin financing of securities purchases

The Central Bank of Egypt (CBE) has issued a comprehensive set of rules governing banks’ financing of securities purchases on margin, in a move designed to strengthen oversight, mitigate risks,…

Hossam Mounir

US military fuel shipments to Pacific expose strain of Iran war on global oil supply

An unusual series of military fuel shipments scheduled to sail from the United States across the Pacific exposes the widening impact of the Iran war on global oil supply chains.…

Daily News Egypt

US think tanks map Middle East’s post-conflict trajectory amid far-reaching economic, political risks

Think tanks and research centres in the United States play a pivotal role in shaping policymaking; not merely as academic observers, but as influential actors that help frame future scenarios…

Daily News Egypt

Egypt allocates EGP 35bn for Sinai public investments over two years

Egypt has allocated EGP 35bn in public investments for the North and South Sinai governorates during the fiscal year (FY) 2025/26 and FY 2026/27, Minister of Planning and Economic Development…

Daily News Egypt

Egypt rejects regional division, calls for peace over occupation, Al-Sisi says

Egyptian President Abdel Fattah Al-Sisi outlined Cairo's core vision for the Middle East on Saturday during an address marking the 44th anniversary of the liberation of the Sinai Peninsula, stating…

Daily News Egypt

New Cairo City: Everything about Units & Wise Investment

New Cairo has steadily evolved into one of the most significant urban expansions in Greater Cairo, attracting both residents and investors seeking a modern, well-planned living environment. As demand continues…

Daily News Egypt