Egypt’s banking sector sees $37.8bn surge in net foreign assets over one year
Egypt’s banking sector, encompassing both the Central Bank of Egypt (CBE) and commercial banks, has experienced a dramatic recovery in net foreign assets (NFA) over the past year. The sector’s…
Egyptian medical convoy provides dental care for 154 Palestinian patients in North Sinai
Egypt’s Ministry of Health and Population announced that a specialized medical convoy continues to operate across Sheikh Zuweid Central Hospital, Arish General Hospital, and Bir al-Abd Model Hospital, offering essential…
CI Capital and Compass Launch C3 Focusing on EGX-Listed Equities
CI Capital Holding (CICH.CA), the leading diversified financial services group and Compass Capital for Financial Investments S.A.E., Egypt’s leading alternative investment manager, announced today the launch of Egypt’s first onshore…
Gazans suffer heightened anxiety as ceasefire talks stall during Ramadan
Xinhua —Amid widespread devastation and family losses, Palestinians in the Gaza Strip welcomed this year's holy month of Ramadan with heavy hearts and weary bodies, following 15 months of Israeli…
‘America First’ policies threaten US-Africa ties under Trump: African Narratives
A new research paper by the African Narratives think tank suggests that US-Africa relations could significantly cool during Donald Trump’s second term as president, contrasting sharply with the approach taken…
Islamic banking in Egypt increases to EGP 1.14trn in 2024
The Islamic banking sector in Egypt reached EGP 1.14trn in 2024, representing approximately 5% of the total banking market, according to Mohamed El-Beltagy, Chairperson of the Egyptian Islamic Finance Association…
Kenyan farmers combat climate change with beans, bees, and fruit trees
In Kenya's Bomet and Homabay Counties, smallholder bean farmers are adopting innovative and sustainable agricultural techniques to bolster resilience and increase production in the face of climate change. By integrating…
Rooftop farming transforms once-impoverished Egyptian village into thriving oasis
Xinhua – Once a struggling village, Nagaa Aoun in Egypt's Beheira Governorate, north of Cairo, has undergone a significant transformation. Through innovative rooftop farming, the community has become self-sufficient in…
Egypt explores industrial zone development with Türkiye’s Polaris Parks
Mohamed El-Shimy, Egypt’s Minister of Public Enterprises Sector, met with a delegation from Turkish industrial zone developer Polaris Parks to discuss potential collaboration in industrial development. The delegation, led by…
Egypt’s Transport Ministry calls for increased use of Ro-Ro shipping to boost exports to Europe
The Egyptian government, in its ongoing efforts to expand exports to European and global markets and strengthen the national economy, has launched a Ro-Ro (roll-on/roll-off) shipping line between Damietta Port…