No intervention in foreign exchange market; it operates freely: CBE’s Deputy Governor
Rami Aboul Naga, Deputy Governor of the Central Bank of Egypt (CBE), confirmed that the bank is not intervening in the foreign exchange market, stating that there is currently no…
Mashroo3k injects EGP 32.1bn to fund over 213k projects since launch
Manal Awad, Minister of Local Development, announced that the national initiative for community, human, and local development—Mashroo3k (Your Project)—has financed 213,313 projects with total investments reaching EGP 32.1bn since its…
Al Ahly Pharos advises on EGP 881.5m bond issuance for Ahli Securitization
Al Ahly Pharos Investment Banking, the investment arm of the National Bank of Egypt, has successfully concluded its advisory role in the first securitization issuance under the sixth bond programme…
Egypt, France deepen healthcare cooperation with four new agreements
Cairo hosted the signing of four new healthcare cooperation agreements between Egypt and France, marking a significant step forward in the strategic partnership between the two countries. The agreements were…
Egypt, AFD sign €70m executive agreement for Rubeiki–Belbeis railway project
During the official visit of French President Emmanuel Macron to Egypt, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, and Minister of Planning, Economic…
Egyptian, Japanese Foreign Ministers discuss Gaza reconstruction, bilateral ties
The Egyptian and Japanese Foreign Ministers discussed Gaza reconstruction and bilateral ties in a phone call on Tuesday. According to Ambassador Tamim Khallaf, the official spokesperson for the Ministry of…
Under Ministerial Auspices and Global Participation: Ninth Narrative Summit Kicks Off in Somabay
The ninth edition of the Narrative Summit, Egypt’s first international public relations forum, officially launched today in Somabay, under the patronage and presence of key Egyptian ministers and with strong…
Egypt secures €262.3m in funding from France, EU for water, energy and rail projects
Egypt, France and the European Union (EU) have signed nine financing and grant agreements worth €262.3m to implement priority projects in Egypt's water treatment, sanitation, renewable energy, and railway sectors.…
Macron visits Arish with Al-Sisi, calls for immediate resumption of aid to Gaza
French President Emmanuel Macron called for the immediate resumption of humanitarian aid to Gaza during a visit to the Egyptian city of Arish, located in northern Sinai near the Rafah…
Opinion | Salama Moussa in his quest for the freedom’s heroes in the history
I think that no Egyptian intellectuals in the early 20th century wanted to destroy their culture and values. However, many of them embraced Western ideas, which their contemporaries questioned and…