Cabinet approves expansion of concessional financing initiative for priority industries
Egypt’s Cabinet has approved the expansion of its concessional financing initiative for priority industrial sectors, launching a second phase that broadens the range of eligible industries and activities, according to…
CBE Governor reviews anti-inflation strategy with Deputy PM
Hassan Abdalla, Governor of the Central Bank of Egypt, held talks at the bank’s headquarters with Hussein Eissa, Deputy Prime Minister for Economic Affairs, to discuss areas of coordination between…
Finance Ministry plans to issue local debt instruments worth EGP 1.044trn by March
The Ministry of Finance has disclosed plans to issue tenders for local debt instruments totalling EGP 1.044trn in March 2026, as part of a plan published on the ministry’s official…
Opinion | How IMF Approval Shields Egypt’s Economy from Market Volatility
The recent approval by the Executive Board of the International Monetary Fund (IMF) of Egypt’s fifth and sixth programme reviews represents a decisive moment for the country’s economic trajectory. Beyond…
Suez Canal Bank, Alameda partner to integrate premium banking, healthcare services
Suez Canal Bank has signed a cooperation protocol with Alameda Healthcare Group, one of Egypt’s largest integrated healthcare providers, aimed at strengthening integration between premium banking solutions and high-quality medical…
CBE highlights strong monetary easing transmission across money, debt markets
The Central Bank of Egypt (CBE) has underscored the effective transmission of its 2025 monetary easing cycle, with the majority of policy rate cuts swiftly reflected in money market conditions,…
Egypt uncovers cache of coloured coffins of Amun chanters in Luxor
An Egyptian archaeological mission affiliated with the Supreme Council of Antiquities and the Zahi Hawass Foundation for Heritage and Antiquities has uncovered a cache of painted wooden coffins containing mummies,…
EgyptAir suspends flights to 13 Arab cities following US strikes on Iran
EgyptAir has suspended all flights to 13 cities across the Middle East until further notice, following the launch of "major combat operations" by the United States and Israel against targets…
Egypt maintains safe food, fuel reserves amid regional developments, ministers say
Egypt's strategic reserves of essential food commodities and petroleum products are sufficient to meet demand for several months, Egyptian cabinet ministers said on Saturday following regional developments. Prime Minister Mostafa…
Egypt raises aviation alert level as regional airspace closures disrupt flights
Egypt’s Ministry of Civil Aviation has announced heightened operational readiness across all airports nationwide, following regional developments that have led to the closure of airspace in several neighbouring countries. Sameh…