Banks operating in Egypt adopt international ISO 20022 standard for financial transfers
In a pivotal step towards transforming Egypt's digital payments infrastructure, the Central Bank of Egypt (CBE) announced the adoption of the international ISO 20022 standard across the Egyptian banking sector…
South Africa completes technical plans for automotive and industrial pact with Egypt
South Africa has completed technical preparations for proposed industrial and automotive cooperation protocols with Egypt, South African Minister of Trade, Industry and Competition Parks Tau said during bilateral talks in…
Minister of Industry reviews production at ELARABY, Samsung factories in Beni Suef
Minister of Industry Khaled Hashem, accompanied by Beni Suef Governor Abdullah Abdel Aziz, conducted an inspection tour of Samsung Electronics' factory, ELARABY Group's home appliances complex, and the industrial wastewater…
Egypt launches industrial fund, unified investment platform to boost production, exports
Egypt's Minister of Investment and Foreign Trade, Mohamed Farid, announced a set of new initiatives aimed at supporting industry and exports, including the launch of an industrial fund under the…
Titan, SolarizEgypt partner to build 11.45 MW solar power plant at Beni Suef Cement
Titan Egypt has announced the signing of a long-term Power Purchase Agreement (PPA) with SolarizEgypt to develop and construct an 11.45 MW solar power plant for Beni Suef Cement Company,…
MSMEDA finances industrial projects worth over EGP 3bn in 2022-2026: CEO
Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said that the strong support the agency receives from the political leadership has contributed to…
Egypt explores defence industry cooperation with South Korea’s BongSan
Salah Gombalat, Minister of State for Military Production, received a delegation from the South Korean company BongSan to explore avenues for joint cooperation in the defence industries sector. Gombalat said…
Banque Misr supports investors, farmers in 1.5 Million Feddan project
Hisham Okasha, Chief Executive Officer of Banque Misr, and Amr Abdel Wahab, Chairperson and Managing Director of the Egyptian Countryside Development Company, signed two cooperation protocols aimed at supporting investments…
Al-Sisi calls for institutionalising Egypt-Saudi-Türkiye-Pakistan mechanism to strengthen regional stability
Egyptian President Abdel Fattah Al-Sisi called for transforming the consultative mechanism bringing together Egypt, Saudi Arabia, Türkiye, and Pakistan into a more institutionalised framework capable of contributing to regional stability…
MAG secures preliminary ACUD approval for La Reva Signature Residence in New Capital
Methaq Arab Group (MAG) has announced that it has obtained preliminary approval from the Administrative Capital for Urban Development (ACUD) for its project, La Reva Signature Residence, located in Egypt's…