Alameda launches Egypt’s largest private-sector medical conference
Alameda Healthcare Group has inaugurated its first annual medical conference under the theme “Culture of Excellence.” The event, bringing together more than 4,000 physicians, specialists, policymakers, and international experts, has…
GAFI to launch new initiative enabling startups to expand into foreign markets
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), announced that the Authority is developing a new initiative designed to help Egyptian startups access foreign markets…
Korean direct investments in Egypt surpass $6bn, trade volume hits $1.6bn in 2024
Egypt’s Finance Minister Ahmed Kouchouk announced that the stock of South Korean direct investments in Egypt has now exceeded $6bn, underscoring the depth of bilateral economic cooperation and the growing…
Private investment in Egypt rises to 5-year high, public share declines
Egypt has seen a major shift in its investment structure, with the share of private investment rising to 47.5% of the total in the last fiscal year (FY), its highest…
Egypt’s Al-Sisi reaffirms state’s commitment to judicial independence
Egyptian President Abdel Fattah Al-Sisi on Wednesday met with the members of the Supreme Council of Judicial Bodies and Authorities, where he affirmed the state's respect for the independence of…
Egypt issues $1.5bn in dual-tranche sukuk, draws over $9bn in orders
Egypt has priced a $1.5bn dual-tranche sukuk issuance that drew more than $9bn in orders, with the issuance set to be completed on Oct. 7, the finance ministry said on…
CBE hosts conference of Mediterranean central banks in Cairo
The Central Bank of Egypt (CBE) on Wednesday hosted the 9th Annual Conference of Mediterranean Central Banks, an event that brought together governors and economic experts to discuss harnessing innovation…
German business delegation to visit Egypt in December ahead of economic summit
The Egyptian Commercial Service (ECS) in Berlin, headed by Minister Plenipotentiary for Commercial Affairs Maha Zakaria, has announced that a German business delegation from North Rhine-Westphalia will visit Egypt in…
Microfinance portfolios in Egypt exceed EGP 101bn, reaching 4.1 million clients by Q2 2025
The Egyptian Federation for Financing Medium, Small, & Micro Projects (MSMEF) announced that microfinance portfolios have surpassed EGP 101bn in the second quarter of 2025, benefiting more than 4.1 million…
Suez Canal Authority urges Maersk to resume transits, citing strategic role in global trade
Chairperson of the Suez Canal Authority (SCA), Osama Rabie, has called on global shipping leader Maersk to gradually resume transits through the Suez Canal, underscoring the waterway’s central role as…