Egypt eyes first $200m sodium cyanide production plant
Egypt’s Minister of Industry Khaled Hashem held talks with a delegation from DrasChem Specialized Chemicals, led by CEO Mohamed Abdel Aziz, to discuss plans to establish and operate the first…
Iran-US-Israel confrontation intensifies, spreading across Gulf region
The confrontation between Iran, the United States, and Israel intensified on Saturday as each side reported new military strikes, while the ripple effects of the conflict spread across the Gulf…
Health, Local Development ministries sign cooperation protocol to improve population indicators
Egypt’s Ministry of Health and Population and Ministry of Local Development have signed a cooperation protocol to implement the National Population and Development Strategy 2030, aimed at balancing population growth…
Egypt explores water hyacinth recycling initiative to empower girls
Egypt’s Ministry of Water Resources and Irrigation is collaborating with the National Council for Childhood and Motherhood and UNICEF to empower girls from vulnerable communities by training them to recycle…
MSMEDA injects EGP 3.1bn in financing in Fayoum in 2025: CEO
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has injected EGP 3.1bn in financing to support 133,900 projects in Fayoum between July 2014 and December 2025, according to Bassel…
FRA grants preliminary approval for Lumin Soft to join regulatory sandbox
The Financial Regulatory Authority (FRA) has granted preliminary approval to Lumin Soft to join its FinTech Regulatory Sandbox, making it the third company to receive such approval since the sandbox’s…
Egypt’s industry minister discusses automotive localisation opportunities with Mercedes-Benz
Egypt’s Minister of Industry Khaled Hashem held an expanded meeting with a delegation from Mercedes-Benz Egypt headed by CEO Stefanie Volz to discuss opportunities to localise automotive manufacturing and expand the…
Agricultural Bank of Egypt launches 3-year savings certificate with returns of up to 16.5%
The Agricultural Bank of Egypt (ABE) has launched a new three-year savings certificate as part of its portfolio of savings products, aimed at providing safe and guaranteed investment instruments with…
Suez Canal Bank, Lucky sign strategic partnership
Suez Canal Bank has signed a strategic partnership agreement with Lucky, a leading financial technology company operating in Egypt and the Middle East, as part of efforts to strengthen financial…
Banking expert answers 10 key questions on inflation, fuel prices, USD, and interest rates
In recent days, questions have circulated widely in economic circles and among the Egyptian public about the state of the economy, particularly after inflation rose in February and fuel prices…