Egypt’s banking sector liquidity rises to EGP 12.8trn in May 2025
The Central Bank of Egypt (CBE) has reported that total liquidity in the country’s banking sector increased to EGP 12.821trn in May 2025, up from EGP 12.684trn in April—reflecting a…
CBE expects inflation to stabilise in 2025 before gradually declining in 2026
The Central Bank of Egypt (CBE) expects annual headline inflation to remain steady at current levels throughout the remainder of 2025, before gradually trending downward in 2026. In its meeting…
Egypt, China central banks sign pacts to boost yuan use, payment systems
The central banks of Egypt and China on Tuesday signed three memoranda of understanding aimed at promoting the use of the Chinese yuan and expanding electronic payment cooperation, the Central…
Suez Canal Authority, ALCOR Line discuss boosting vessel transits, ship maintenance cooperation
Chairperson of the Suez Canal Authority (SCA), Osama Rabie, met with Mohamed El-Moselhy, Chairperson of Arkas Egypt Shipping Agencies and Head of the Alexandria Chamber of Shipping, accompanied by Ali…
Egypt’s Aviation Minister, German ambassador talk airport partnerships
Egypt's Civil Aviation Minister Sameh El-Hefny and German Ambassador to Cairo, Jürgen Scholz, have discussed expanding bilateral cooperation, with a focus on airport development, training, and the exchange of technical…
Egypt, WHO discuss expanding health cooperation, development initiatives
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, met with Hanan Balkhy, Regional Director of the World Health Organization (WHO) for the Eastern Mediterranean, at the ministry’s headquarters in…
Environment ministry signs agreement to strengthen marine protection, promote ecotourism
Egypt’s Minister of Environment, Yasmine Fouad, witnessed the signing of a cooperation protocol between the Egyptian Environmental Affairs Agency and the Marine Environment Protection Foundation, aimed at enhancing sustainable resource…
EGP 600m allocated to employment under Agreement on Tackling Irregular Migration
The closing conference of the Agreement on Tackling the Root Causes of Irregular Migration was held on Wednesday, marking the conclusion of an initiative implemented by the Micro, Small and…
New tax facilities set stage for rapid growth of micro, small enterprises: ETA chief
Rasha Abdel Aal, Chairperson of the Egyptian Tax Authority (ETA), announced that the Authority is intensifying efforts to promote awareness of Egypt’s new tax facilities package and its benefits for…
Agriculture minister, FRA chief discuss fast-tracking Agricultural Takaful Fund to boost farmer protection
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), met with Alaa Farouk, Minister of Agriculture and Land Reclamation, to explore ways to accelerate the implementation of the Agricultural Takaful…