KOICA, GOEIC sign $11 m agreement to enhance Egypt trade facilitation
The Korea International Cooperation Agency (KOICA) and Egypt's General Organization of Export and Import Control (GOEIC) on Monday signed an $11m agreement to establish a digital platform aimed at enhancing…
FABMISR leads EGP 4.2bn loan for Redcon’s Golden Gate project in Egypt
First Abu Dhabi Bank Misr (FABMISR) is leading an EGP 4.2bn syndicated loan for Redcon Properties to finance its "Golden Gate" commercial and administrative project in New Cairo, the bank…
Egypt, Iran explore closer ties amid escalating regional tensions
Egyptian President Abdel Fattah Al-Sisi met with Iranian Foreign Minister Abbas Araghchi in Cairo on Monday, signaling a potential shift in long-frozen relations between the two regional heavyweights. The meeting…
IAEA Chief, Egypt’s Al-Sisi discuss nuclear non-proliferation, regional stability
Egyptian President Abdel Fattah Al-Sisi and International Atomic Energy Agency (IAEA) Director General Rafael Grossi met on Monday to discuss nuclear non-proliferation, disarmament, and regional stability, the Egyptian presidency said.…
Haleon captures over 20% market share in Egypt, locally manufactures 90% of product portfolio
Haleon, the global consumer health leader, has reinforced its footprint in Egypt following its demerger from GSK in July 2022. The company now holds over 20% of Egypt’s consumer health…
Islamic banking in Egypt surges to EGP 1.08trn in March 2025
The volume of Islamic banking in Egypt reached EGP 1.079trn in March 2025, marking a year-on-year increase of EGP 379bn and a robust growth rate of 54%, according to the…
MSMEDA, JICA launch 2nd phase of technical cooperation programme to support 20 industrial projects
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has launched the second phase of its joint technical cooperation programme with the Japan International Cooperation Agency (JICA), aimed at enhancing…
ETA pledges to remove obstacles facing industry to maximize benefits of new incentives
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), affirmed the government’s strong commitment to supporting the industrial sector—a cornerstone of national economic growth—by removing obstacles that hinder manufacturers…
Electricity Minister visits Europe’s largest pumped-storage hydropower station to discuss renewable integration
As part of Egypt’s efforts to modernize its energy infrastructure and expand renewable energy adoption, Minister of Electricity and Renewable Energy Mahmoud Esmat began his visit to France by touring…
Arab-Islamic committee urges ceasefire, aid access as Israeli strikes devastate Gaza
A high-level ministerial committee formed by the Arab-Islamic extraordinary summit on Gaza has called for an immediate and lasting ceasefire, along with unrestricted humanitarian access to the besieged enclave. The…