Egypt’s Al-Sisi reaffirms state’s commitment to judicial independence
Egyptian President Abdel Fattah Al-Sisi on Wednesday met with the members of the Supreme Council of Judicial Bodies and Authorities, where he affirmed the state's respect for the independence of…
Egypt issues $1.5bn in dual-tranche sukuk, draws over $9bn in orders
Egypt has priced a $1.5bn dual-tranche sukuk issuance that drew more than $9bn in orders, with the issuance set to be completed on Oct. 7, the finance ministry said on…
CBE hosts conference of Mediterranean central banks in Cairo
The Central Bank of Egypt (CBE) on Wednesday hosted the 9th Annual Conference of Mediterranean Central Banks, an event that brought together governors and economic experts to discuss harnessing innovation…
German business delegation to visit Egypt in December ahead of economic summit
The Egyptian Commercial Service (ECS) in Berlin, headed by Minister Plenipotentiary for Commercial Affairs Maha Zakaria, has announced that a German business delegation from North Rhine-Westphalia will visit Egypt in…
Microfinance portfolios in Egypt exceed EGP 101bn, reaching 4.1 million clients by Q2 2025
The Egyptian Federation for Financing Medium, Small, & Micro Projects (MSMEF) announced that microfinance portfolios have surpassed EGP 101bn in the second quarter of 2025, benefiting more than 4.1 million…
Suez Canal Authority urges Maersk to resume transits, citing strategic role in global trade
Chairperson of the Suez Canal Authority (SCA), Osama Rabie, has called on global shipping leader Maersk to gradually resume transits through the Suez Canal, underscoring the waterway’s central role as…
Egypt’s Contact Financial closes EGP 1.312bn securitisation bond
Sarwa Securitisation, the debt capital markets arm of Egypt's Contact Financial Holding, has successfully closed its 46th securitisation bond issuance, worth EGP 1.312bn ($27.3m), the company said on Wednesday. The…
Egypt’s PM addresses parliament on Al-Sisi’s objections to criminal procedures bill
Egyptian Prime Minister Mostafa Madbouly on Saturday addressed parliament regarding President Abdel Fattah Al-Sisi's objections to several articles in the new criminal procedures bill, renewing the government's commitment to dialogue…
CBE poised to decide on interest rates after 525 bps cuts in 2025
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will convene tomorrow, Thursday, for its sixth regular meeting of 2025 to set the course for the nation’s…
International Olympiad on Financial Security opens in Russia’s Krasnoyarsk
The final stage of the International Olympiad on Financial Security has opened in Krasnoyarsk, Russia, bringing together about 600 schoolchildren and students from 40 countries, including CIS, BRICS, and SCO…
