Maturing bank certificates channel liquidity into Egypt’s gold market: Gold Bullion
The maturity of a number of high-yield bank savings certificates has injected fresh liquidity into Egypt's gold market, supporting local demand alongside seasonal buying, according to a report by Gold…
Egypt reiterates Saudi solidarity following Houthi missile and drone attacks on oil infrastructure
Egypt has renewed its full solidarity with Saudi Arabia following Houthi missile and drone attacks on Saudi Aramco facilities in Yanbu and Jizan, condemning all strikes against civilian infrastructure and…
From the Strait of Hormuz to the Egyptian Pound: How Risk Travels
Wars are no longer measured solely by the number of missiles launched or aircraft deployed. Increasingly, they are measured by their impact on oil prices, capital flows, exchange rates, and…
HDB to expand mortgage finance with innovative, sustainable solutions: Walid Matar
Walid Matar, Assistant Managing Director for Retail Banking, Branches and Mortgage Finance at Housing and Development Bank (HDB), said the bank's more than 45 years of experience in the real…
CIB, Suez Canal Bank arrange EGP 4.4bn syndicated facility for Al Ahly Sabbour’s Summer project
Al Ahly Sabbour Developments has signed a long-term syndicated financing agreement worth EGP 4.4bn with Commercial International Bank - Egypt (CIB) and Suez Canal Bank to finance the development of…
Egypt’s FM urges regional de-escalation in talks with Qatari, Iranian, and Omani counterparts
Egyptian Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty held talks with his Qatari, Iranian, and Omani counterparts to urge regional de-escalation, ensure freedom of maritime navigation,…
Egypt explores partnership with DP World to expand global reach of exports
Mohamed Farid, Minister of Investment and Foreign Trade, held an extensive meeting with a delegation from Dubai-based DP World, led by Mohamed Shehab, Chief Executive Officer for Egypt and the…
Foreign minister outlines Egypt’s 2026-2031 national human rights strategy to European Parliament delegation
Egypt is currently drafting its second five-year National Human Rights Strategy for the 2026-2031 period to consolidate the values of democracy, citizenship, and the rule of law, Minister of Foreign…
Egypt issues statement backing Saudi Arabia after Houthi naval blockade threat
Egypt issued a statement on Tuesday strongly condemning threats by Yemen's Houthis to impose a naval blockade on Saudi Arabia, describing the move as an irresponsible escalation that undermines regional…
Egypt to launch sovereign industrial, African investment funds to drive economic growth
Egypt will launch a sovereign-led industrial investment fund to enhance manufacturing capabilities and boost exports, alongside a separate fund targeting private sector investments in Africa, Minister of Investment and Foreign…