ADCB launches ClimaTech Accelerator 2025
Abu Dhabi Commercial Bank (ADCB) has renewed its strategic partnership with the NilePreneurs Initiative, affiliated with Nile University, to launch the third edition of the ClimaTech Accelerator 2025—a specialized programme…
saib Bank board gives initial approval for EGP 20bn bond programme to fund expansion
The Board of Directors of saib Bank has granted initial approval for a proposal to issue a fixed-income, nominal, non-convertible bond programme to be offered in several tranches in Egyptian…
Suez Canal Bank posts EGP 5bn profit in September 2025, up 62%
Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, announced that the bank achieved a net profit of EGP 5bn in September 2025, compared to EGP 3.1bn in…
HDB marks first milestone of 2025–2030 strategy as strong results reinforce growth momentum: Ghanem
Hassan Ghanem, CEO and Managing Director of the Housing and Development Bank (HDB), expressed pride in the bank’s robust financial and operational performance during the first nine months of 2025.…
Egypt’s golf chief Omar Hisham Talaat elected to Arab Golf Federation board
Omar Hisham Talaat, president of the Egyptian Golf Federation, has been elected to the Executive Board of the Arab Golf Federation for the 2025–2029 term, capping a year of significant…
CBE receives $1.68bn in bids for USD-denominated T-bills
The Central Bank of Egypt (CBE) received 28 bids totalling $1.677bn for its latest auction of US dollar-denominated treasury bills (T-bills). The CBE had offered $1.5bn in the 363-day bills,…
UN warns of ‘systematic atrocities,’ deepening humanitarian catastrophe in Sudan
Sudan’s Transitional Sovereign Council Chairperson Abdel Fattah Al-Burhan reaffirmed his country’s commitment to cooperating with the United Nations and its agencies, particularly on humanitarian efforts, while insisting that all UN…
Egypt’s Al-Sisi ratifies new criminal procedures law after parliament amends it
Egyptian President Abdel Fattah Al-Sisi has ratified a new criminal procedures law after parliament approved amendments to address his objections to several of its articles, the presidency announced. The president's…
Egypt launches 3rd World Conference on Population, Health and Human Development
Egypt on Wednesday inaugurated the third edition of the World Conference on Population, Health and Human Development 2025, held under the patronage of President Abdel Fattah Al-Sisi and in the…
Standard Bank launches Egypt office to boost Africa, Middle East trade
Standard Bank Group, Africa's largest financial institution by assets, has officially launched a representative office in Egypt to strengthen trade and investment flows between Egypt, Sub-Saharan Africa, and the Middle…