Egypt, Norway’s Scatec explore deeper cooperation in renewable energy
Egypt’s Minister of Electricity and Renewable Energy Mahmoud Essmat held talks with Mohamed Amer, Regional Director of Norway’s Scatec, and his delegation, in the presence of Ahmed Mahmoud, Chairperson of…
New tax facilities to be introduced soon: Finance Minister
Egypt’s Minister of Finance Ahmed Kouchouk announced that a new package of tax facilities will be introduced in the coming period to support the business community, stimulate economic activity, and…
Taly for Digital Payments appoints Tawfik Mahmoud as CEO, Managing Director
Taly for Digital Payments has announced the appointment of Tawfik Mahmoud as Chief Executive Officer and Managing Director, effective August 2025. The move comes as part of Taly’s strategy to…
NBE signs protocol to finance solar energy, irrigation upgrades, and land reclamation
The National Bank of Egypt (NBE) has signed a cooperation protocol with Europe Solar for Electromechanical Contracting and Solar Energy to finance projects in solar energy applications, irrigation system modernisation,…
CIB completes EGP 2.3bn securitization for GlobalCorp in seventh issuance
Commercial International Bank–Egypt (CIB) has completed the seventh securitization issuance for GlobalCorp for Financial Services, with a total value of EGP 2.3bn. The deal marks the fifth collaboration between the…
CBE, banks to launch card tokenization on Android mobile apps
The Central Bank of Egypt (CBE) announced that it is working with local banks to roll out card tokenization services on mobile applications running on Android devices in the coming…
Mobile wallet transactions in Egypt surge 72% in Q2 2025 to EGP 943.4bn
The value of transactions conducted through mobile wallets in Egypt reached EGP 943.4bn during the second quarter (Q2) of 2025, according to the National Telecom Regulatory Authority (NTRA). The figure…
Ex-IDF chief says Gaza war casualties exceed 200,000, legal advice ‘never a constraint’
The former chief of staff of the Israeli military, Herzi Halevi, has acknowledged that the number of people killed and wounded in the Gaza war has surpassed 200,000, and asserted…
Right-wing figures blame ‘the Left’ for Kirk killing, some urge ban on Democratic Party
The assassination of right-wing activist Charlie Kirk has ignited a political firestorm in the United States, with prominent conservative figures immediately blaming "the Left" and the Democratic Party's rhetoric for…
Ex-Unit 777 Commander warns: Israeli jets attacking Egypt “will have no place to return”
Colonel Hatem Saber, former commander of Egypt’s elite Unit 777, issued a blunt warning in a televised interview, stating that Israeli aircraft would “have no place to return” if they…
