Egypt’s MSMEDA provided EGP 57.9bn in financing over 11 years
Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has provided EGP 57.9bn ($1.2bn) in financing for projects over the past 11 years, creating approximately 3.4 million jobs across all…
CBE hosts inaugural meeting of African Financial Stability Report Working Group
The Central Bank of Egypt (CBE) has hosted the first official meeting of the African Financial Stability Report Working Group, operating under the African Financial Stability Board (AFSB). Chaired by…
CBE net foreign assets climb to $10.6bn in August 2025
The Central Bank of Egypt (CBE) announced that its net foreign assets (NFAs) rose to approximately $10.629bn (EGP 517.255bn) in August 2025, up from $10.491bn (EGP 511.211bn) in July. Net…
Egypt’s SCZONE reports record EGP 11.6bn in revenue for FY 2024/25
Egypt's Suez Canal Economic Zone (SCZONE) achieved record revenues of EGP 11.6bn ($242m) in fiscal year (FY) 2024/25, a 38% increase from the previous year, its chairperson said on Monday.…
El Hamra Port emerges as regional energy hub attracting foreign investment: Petroleum Minister
Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed that El Hamra Petroleum Port has become one of the strategic pillars of Egypt’s petroleum infrastructure. He stressed that the port…
Egypt hosts 4th African Trade Ministers’ Retreat to accelerate AfCFTA implementation
Egypt reaffirmed its commitment to advancing Africa’s economic integration as it hosted the 4th Ministerial Retreat of the Council of Ministers of the African Continental Free Trade Area (AfCFTA). Ahead…
Egypt’s Investment Minister, World Bank discuss strengthening partnership
Egyptian Minister of Investment and Foreign Trade, Hassan El-Khatib, has met with a delegation from the World Bank Group to discuss the frameworks for economic cooperation and to review the…
Egypt wins Aga Khan Award for Architecture for Esna revival project
Egypt has won the prestigious Aga Khan Award for Architecture for 2025 for its project to revive the historic city of Esna in Luxor, the country's ministry of local development…
Egypt sends nursing specialists to Japan for training under joint education initiative
Egypt’s Ministry of Health announced on Sunday that it has dispatched six nursing specialists to Saku University in Japan to participate in a specialised training programme on nursing management, under…
Egypt’s Military Production Minister inspects Abu Zaabal chemical company
Egypt's Minister of State for Military Production, Mohamed Salah, has conducted a surprise inspection tour of the Abu Zaabal Company for Specialised Chemicals (Military Factory 18) to review its production…