EGP 10.4bn disbursed under National Veal Project, benefiting over 45,000 breeders: Agriculture Minister
Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that total financing disbursed under the National Veal Project has reached EGP 10.408bn to date, benefiting 45,575 small-scale breeders and young…
Egypt creates executive committee to accelerate digital transformation for investors
Egypt's Minister of Investment and Foreign Trade, Mohamed Farid Saleh, has ordered the formation of an executive committee to accelerate digital transformation across all ministry bodies to streamline procedures and…
PM Madbouly reviews UPA finances, prioritises settlement of supplier dues
Egypt’s Prime Minister Mostafa Madbouly held a meeting on Tuesday to review the financial position of the Egyptian Authority for Unified Procurement, Medical Supply and Technology Management (UPA), alongside progress…
Eni discovers 2 trillion cubic feet of gas offshore Egypt
Eni has discovered an estimated 2 trillion cubic feet (Tcf) of gas and 130 million barrels of associated condensates in Egypt's Eastern Mediterranean, the company announced. The find was made…
Egypt launches fourth phase of smart green projects initiative
The Egyptian government on Monday launched the fourth phase of the National Initiative for Smart Green Projects (NISGP), as part of ongoing efforts to support the transition to a green…
Al-Sisi calls for tighter inflation control, flexible exchange rate policy
Egyptian President Abdel Fattah Al-Sisi on Monday called for sustained efforts to curb inflation and maintain a flexible, unified exchange rate, while ensuring sufficient foreign currency availability to support economic…
Egypt FM Abdelatty holds talks with Germany, Canada and Estonia to contain regional tensions
Egypt is intensifying its diplomatic efforts to prevent the region from sliding into "comprehensive chaos" and instability, Foreign Minister Badr Abdelatty said on Monday during high-level discussions with counterparts from…
Egypt, Morocco sign wide-ranging cooperation deals on investment, industry and taxation
Egypt and Morocco signed a series of agreements on Monday spanning industrial cooperation, investment, and the avoidance of double taxation to strengthen bilateral relations, the Egyptian cabinet said. Egyptian Prime…
Trump sets Iran deadline as regional military escalation deepens
U.S. President Donald Trump said that “Tuesday is Iran’s deadline,” adding that the conflict could end “very quickly” if Tehran complies with U.S. demands, while reiterating that the central objective…
CI Capital closes EGP 2.21bn securitisation issuance for Halan Consumer Finance
CI Capital, a leading financial services group, announced on Monday the successful completion of an EGP 2.214bn securitised bond issuance on behalf of Capital for Securitisation, with Halan Consumer Finance…