Egypt’s microfinance sector approaches EGP 100bn in 2024: MSMEF
Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and Micro Projects (MSMEF), announced that Egypt’s microfinance sector has seen significant growth in 2024, with total financing balances…
Microfinance companies inject EGP 80.4bn into MSMEs in January 2025: FRA
The Financial Regulatory Authority (FRA) has reported that licenced microfinance companies and associations provided a total of EGP 80.409bn in funding to micro, small, and medium enterprises (MSMEs) in January…
Egypt accelerates BRT Project, Cairo Metro expansion ahead of GEM opening
Egypt is accelerating the development of its Bus Rapid Transit (BRT) system around Greater Cairo and the expansion of the Cairo Metro's Line 4, aiming to complete key phases before…
Egypt records 57.7 million visits under women’s health support initiative since 2019
Egypt’s Ministry of Health and Population announced on Sunday that the total number of visits recorded under the presidential sustainable initiative for women’s health support has reached 57,780,622 since its…
Cabinet approves private free zone project for metro parts, cables in Borg El Arab
Prime Minister Mostafa Madbouly chaired a meeting of the ministerial group for industrial development, which was attended by key ministers from Egypt’s economic group and other relevant authorities. During this…
Egypt, EU discuss Gaza, Syria, ties in Cairo talks
Egypt's Minister of Foreign Affairs and Immigration, Badr Abdelatty, met with Kaja Kallas, the High Representative of the European Union for Foreign Affairs and Security Policy, in Cairo on Sunday,…
Egypt, Eritrea discuss regional stability, Red Sea security
Egyptian President Abdel Fattah Al-Sisi met with Eritrean Foreign Minister Osman Saleh on Sunday to discuss regional stability, support for Somalia, the situation in Sudan, and Red Sea security. The…
Valero Developments partners with Sabbour Consulting, DSC for CITALIA compound in New Obour
Valero Developments has announced a strategic partnership with Sabbour Consulting and Distance Studio Consultants (DSC) to oversee the design and quality supervision of its latest project, CITALIA, located in New…
Sinai Cement achieves EGP 3bn net profit in 2024, boosts market share
Sinai Cement has reported massive growth across multiple performance metrics for 2024, achieving a net profit of EGP 3.077bn, a remarkable recovery from a net loss of EGP 121.419m in…
Il Cazar expands with strategic land acquisitions in Sheikh Zayed, North Coast
Il Cazar has announced the acquisition of two significant land plots as part of its strategy to expand its portfolio of integrated residential and tourism projects. The company has secured…
