Tax experts project EGP 15bn revenue boost following Old Rent Law ratification
The Egyptian Association of Tax Experts (EATE) expects state treasury revenues to rise by at least EGP 15bn in the first year following President Abdel Fattah Al-Sisi’s ratification of Law…
Finance, public enterprises ministers discuss enhancing cooperation on state asset management
Ahmed Kouchouk, Minister of Finance, met with Mohamed El-Shimy, Minister of Public Enterprises Sector, at the Ministry of Finance headquarters in the New Administrative Capital for a joint meeting attended…
AMF forecasts Egyptian economy to grow 4.7% in 2026
The Arab Monetary Fund (AMF) projects Egypt’s economy will grow by 4.2% in 2025 and accelerate to 4.7% in 2026, supported by looser monetary restrictions and increased investment activity. In…
Arab world rejects, global community condemns Israel’s Gaza occupation plan
Israel’s recent declaration of intent to fully occupy the Gaza Strip has sparked a wave of strong Arab rejection and mounting international condemnation, amid dire warnings of an escalating humanitarian…
Al-Sisi, Türkiye’s FM discuss boosting ties, regional issues
Egyptian President Abdel Fattah Al-Sisi met on Saturday with Türkiye’s Foreign Minister Hakan Fidan, in the presence of Egyptian Foreign Minister Badr Abdelatty, to discuss strengthening bilateral relations and reviewing…
Egypt, Turkey discuss Gaza, Libya, aim to boost trade to $15bn
The foreign ministers of Egypt and Turkey on Saturday discussed the "humanitarian catastrophe" in Gaza and other regional crises, and agreed to work on boosting bilateral trade to $15bn, Egypt's…
Rift between Netanyahu and military deepens over Gaza strategy
Israeli Prime Minister Benjamin Netanyahu and his hand-picked army chief of staff, Eyal Zamir, clashed last week over a plan for a full military takeover of the Gaza Strip, a…
Russia warns of efforts to disrupt Trump-Putin summit on Ukraine
A Russian investment envoy said on Saturday that some countries would make "colossal efforts" to disrupt a planned summit between U.S. President Donald Trump and Russian President Vladimir Putin to…
MIDBANK extends EGP 1bn credit facilities to Raya Information Technology
MIDBANK has announced the provision of comprehensive credit facilities worth EGP 1bn to Raya Information Technology (Raya IT), a subsidiary of Raya Holding. For over 27 years, Raya IT has…
United Bank contributes EGP 600m to syndicated loan worth EGP 6.2bn for Mountain View project
United Bank has participated with EGP 600m in a syndicated long-term loan worth EGP 6.2bn, arranged by a consortium of six banks led by Banque Misr, to finance part of…