Egypt’s Contact Financial closes EGP 1.312bn securitisation bond
Sarwa Securitisation, the debt capital markets arm of Egypt's Contact Financial Holding, has successfully closed its 46th securitisation bond issuance, worth EGP 1.312bn ($27.3m), the company said on Wednesday. The…
Egypt’s PM addresses parliament on Al-Sisi’s objections to criminal procedures bill
Egyptian Prime Minister Mostafa Madbouly on Saturday addressed parliament regarding President Abdel Fattah Al-Sisi's objections to several articles in the new criminal procedures bill, renewing the government's commitment to dialogue…
CBE poised to decide on interest rates after 525 bps cuts in 2025
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will convene tomorrow, Thursday, for its sixth regular meeting of 2025 to set the course for the nation’s…
International Olympiad on Financial Security opens in Russia’s Krasnoyarsk
The final stage of the International Olympiad on Financial Security has opened in Krasnoyarsk, Russia, bringing together about 600 schoolchildren and students from 40 countries, including CIS, BRICS, and SCO…
Sarwa Securitization Hits EGP 35.3bn with Latest Bond Deal
Sarwa Securitization, the debt capital markets arm of Contact Financial Holding and Egypt’s first securitization issuer since 2005, has successfully closed its forty-sixth securitization bond issuance, valued at EGP 1.312…
Private capital flows into Egypt’s housing market with $1.4bn as demand surges: Knight Frank
Egypt is rapidly consolidating its position as one of the Middle East and North Africa’s most dynamic real estate markets, attracting $1.4bn in private capital and ranking as the region’s…
Egypt welcomes global investors as business reforms bear fruit: GAFI chief
After years of intensive reforms aimed at enhancing its business climate, Egypt is now opening its doors wide to investors from around the world. Hossam Heiba, CEO of the General…
SCZONE signs $40m contract for Turkish ‘Hyper Plastic’ project in Qantara West
During his promotional tour in Türkiye, Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone (SCZONE), signed an agreement to establish the Turkish “Hyper Plastic” recycling project in the…
Egypt unveils Smart Cities Strategy to drive sustainable urban transformation
Egypt has launched its Smart Cities Strategy, marking a significant step in advancing sustainable urban development and reshaping the country’s future growth model. Minister of Local Development and Acting Minister…
Trump unveils controversial Gaza peace plan amid escalating crisis, divided responses
As Gaza reels from mounting casualties, collapsing health services, and growing international condemnation, US President Donald Trump has unveiled a controversial peace plan aimed at ending the war—sparking deep divisions…