Egypt seeks expanded OPEC Fund financing for private sector growth
Egypt is seeking increased financial support from the OPEC Fund for International Development to bolster the private sector and stimulate investment and employment, according to the Ministry of Planning, Economic…
United Bank launches comprehensive digital services for business owners, investors
United Bank has launched an integrated suite of digital banking services and advanced financial solutions, designed to meet the growing and evolving needs of business owners and investors in today’s…
ADIB joins ‘Chapter Zero Egypt’ to advance climate governance, sustainability goals
Abu Dhabi Islamic Bank–Egypt (ADIB Egypt) has officially joined the “Chapter Zero Egypt” initiative, a strategic step that underscores the bank’s strong commitment to sustainability and climate governance. This move…
Banque Misr arranges EGP 285.5bn in syndicated loans across key sectors in Q1 2025
Banque Misr announced it arranged, led, and marketed six syndicated loan deals totalling EGP 285.5bn during the first quarter (Q1) of 2025. Acting as both mandated lead arranger and bookrunner,…
Interbank EGP transactions via RTGS near EGP 69trn in Q1 2025: CBE
The Central Bank of Egypt (CBE) announced that the total value of interbank payments in local currency processed through the Real-Time Gross Settlement (RTGS) system reached EGP 68.991trn during the…
Egyptian banks offer fee-waived, no-minimum accounts through April for financial inclusion drive
In celebration of Arab Financial Inclusion Day, the Central Bank of Egypt (CBE) has announced a nationwide initiative enabling citizens to open bank accounts free of charge and with no…
CAPHRA Calls for Independent Review of WHO’s Role in Shaping Public Health Policy
The Coalition of Asia Pacific Harm Reduction Advocates (CAPHRA) has called for an independent review of the World Health Organization’s (WHO) role in shaping global public health policy, citing concerns…
Private Sector’s Strategic Role in Egypt’s Economic Future Takes Spotlight at Narrative Summit 2025
Under the auspices of the Ministries of Planning, Economic Development and International Cooperation, Investment, and Youth and Sports, the Narrative Summit 2025 commenced at Somabay with a strong emphasis on…
Egypt’s Investment Minister discusses cooperation with leading French companies
Minister of Investment and Foreign Trade Hassan El-Khatib reaffirmed the strong and steadily growing economic relationship between Egypt and France, emphasizing that bilateral ties have deepened in recent years thanks…
Communications Minister considers new French investments with MEDEF delegation
Minister of Communications and Information Technology Amr Talaat held talks with a high-level delegation from the French Employers' Association (MEDEF International), led by Wouter Van Wersch, Executive Vice President of…