China accuses US of ‘seriously violating’ trade truce, vows countermeasures
China said on Monday the United States is "seriously violating" a trade truce between the two countries, days after a similar accusation was levelled at Beijing by US President Donald…
New Russia-Ukraine talks in Turkey follow major cross-border attacks
The Turkish city of Istanbul is set to host a second round of negotiations between Russian and Ukrainian delegations on Monday, hours after Kyiv reportedly launched a significant drone attack…
Hikaru Shipping Line launches three new routes linking Asia, Africa, and Europe
LATT Trading & Shipping, the official agent of Hikaru Shipping Line in Egypt, has announced the launch of three new maritime routes connecting key ports across Asia, Africa, and Europe.…
KOICA, GOEIC sign $11 m agreement to enhance Egypt trade facilitation
The Korea International Cooperation Agency (KOICA) and Egypt's General Organization of Export and Import Control (GOEIC) on Monday signed an $11m agreement to establish a digital platform aimed at enhancing…
FABMISR leads EGP 4.2bn loan for Redcon’s Golden Gate project in Egypt
First Abu Dhabi Bank Misr (FABMISR) is leading an EGP 4.2bn syndicated loan for Redcon Properties to finance its "Golden Gate" commercial and administrative project in New Cairo, the bank…
Egypt, Iran explore closer ties amid escalating regional tensions
Egyptian President Abdel Fattah Al-Sisi met with Iranian Foreign Minister Abbas Araghchi in Cairo on Monday, signaling a potential shift in long-frozen relations between the two regional heavyweights. The meeting…
IAEA Chief, Egypt’s Al-Sisi discuss nuclear non-proliferation, regional stability
Egyptian President Abdel Fattah Al-Sisi and International Atomic Energy Agency (IAEA) Director General Rafael Grossi met on Monday to discuss nuclear non-proliferation, disarmament, and regional stability, the Egyptian presidency said.…
Haleon captures over 20% market share in Egypt, locally manufactures 90% of product portfolio
Haleon, the global consumer health leader, has reinforced its footprint in Egypt following its demerger from GSK in July 2022. The company now holds over 20% of Egypt’s consumer health…
Islamic banking in Egypt surges to EGP 1.08trn in March 2025
The volume of Islamic banking in Egypt reached EGP 1.079trn in March 2025, marking a year-on-year increase of EGP 379bn and a robust growth rate of 54%, according to the…
MSMEDA, JICA launch 2nd phase of technical cooperation programme to support 20 industrial projects
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has launched the second phase of its joint technical cooperation programme with the Japan International Cooperation Agency (JICA), aimed at enhancing…