Finance Ministry to issue EGP 728bn in treasury auctions in June
The Ministry of Finance is set to offer 34 treasury bill (T-bill) and bond auctions in June 2025, aiming to raise a total of EGP 728bn. The monthly offering will…
CI Capital reports EGP 381m in net profit for Q1 2025, financing portfolio grows to EGP 23.7bn
CI Capital Holding has announced its financial results for the first quarter (Q1) of 2025, reporting revenues of EGP 2.4bn and net profit after tax and minority interest (NPATM) of…
Non-banking finance for MSMEs rises to EGP 84.6bn in March, marking EGP 21.8bn annual growth
The Financial Regulatory Authority (FRA) announced that the total volume of non-banking finance extended to micro, small, and medium enterprises (MSMEs) rose to EGP 84.579bn in March 2025, up from…
Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025
The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks and mortgage finance companies have disbursed a total of EGP 84.64bn to approximately 630,015 low-income beneficiaries under the…
Private sector lending rises 10.1% in Q1 2025 as inflation eases: CBE
The Central Bank of Egypt (CBE) has announced that local currency loans to the private sector grew by an average of 10.1% in the first quarter (Q1) of 2025, a…
Yoga Marathon in Cairo marks start of 11th International Day of Yoga events
A Yoga Marathon held in Cairo on 30 May 2025 marked an enthusiastic start to the 11th International Day of Yoga celebrations in Egypt. The event, organised by the Embassy…
British University in Egypt Student Film Festival opens submissions for Yahya El-Fakharany edition
Submissions have opened for the Yahya El-Fakharany edition of the British University in Egypt Student Film Festival (BUESFF), which is scheduled to take place from 12 to 14 October 2025.…
Egypt, Algeria, Tunisia revive Libya talks amid western fragility
The foreign ministers of Egypt, Algeria, and Tunisia met in Cairo on Saturday to reactivate a trilateral mechanism focused on Libya, amidst concerns over the evolving situation and fragility in…
Indian embassy in Cairo launches “Yoga at Iconic Place” contest for 2025 IDY
The Embassy of India in Cairo has launched a "Yoga at Iconic Place" contest, inviting participants to submit photographs of themselves performing yoga poses at prominent landmarks across Egypt, to…
Pakistan PM condemns fatal Balochistan attack; official killed
Pakistan Prime Minister Muhammad Shehbaz Sharif on Friday strongly condemned a terrorist attack in Sorab, Balochistan, which targeted innocent citizens, administration officers, and a bank, resulting in the death of…