CBE expands banking reach with new service unit regulations
The Central Bank of Egypt (CBE) has issued new regulations permitting banks to establish service units outside their traditional branches, in a move designed to expand geographical coverage and guarantee…
Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects
Egyptian Prime Minister Mostafa Madbouly on Saturday inspected the progress of several major development projects in historic Cairo, including the completed revival of the heritage Azbakeya Garden and the ongoing…
Egypt’s FM vows full support for UNRWA amid Gaza crisis, Israeli pressure
Egyptian Foreign Minister Badr Abdelatty on Saturday affirmed Egypt's full and continued support for the "indispensable" role of the UN agency for Palestinian refugees (UNRWA) and condemned Israeli legislation aimed…
China’s Fujian province to host investment seminar for 6 BRI nations
The International Economic Cooperation Center of Fujian Province will host a seminar for officials from six Belt and Road Initiative (BRI) countries starting on Sept. 10, aimed at enhancing their…
EFG Hermes raises TMG share price target to EGP 130
Investment bank EFG Hermes has reiterated its "buy" recommendation for the shares of Talaat Moustafa Group Holding (TMG), raising its target price for the stock to EGP 130 ($2.71) from…
Geopark in Fayoum tops agenda in Egypt-UNESCO environmental talks
Egypt is planning to establish its first geopark in the Fayoum region and is expanding its cooperation with UNESCO on biodiversity and environmental protection, the environment ministry said. The plans…
Egypt’s FRA vows support for innovators as 16 projects advance in hackathon
Egypt's Financial Regulatory Authority (FRA) has said that 16 Egyptian projects have qualified for the African stage of a global hackathon, with the authority's chairperson vowing full support for entrepreneurs…
Egypt ranks 9th globally, 1st in Africa for investment with $46.1bn in FDI: GAFI CEO
Egypt ranked ninth globally and first in Africa among the world’s top investment destinations, attracting net inflows of $46.1bn in the 2023/2024 fiscal year, the head of the country's investment…
Bahraini investments in Egypt reached $450m in 2024, minister says
Bahraini investments in Egypt reached approximately $450m in 2024, spread across more than 237 companies, Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, said on Tuesday. Speaking at the…
South Korea, Egypt to deepen ties with new ‘R.I.S.E-EKO’ vision: Ambassador
South Korea's ambassador to Egypt said on Tuesday that the two countries are celebrating 30 years of diplomatic relations, adding that the partnership has “reached a mature stage” and that…
