India, Egypt celebrate 60 years of technical cooperation on ITEC Day
The Embassy of India in Cairo hosted ITEC Day to mark the 60th anniversary of the Indian Technical and Economic Cooperation (ITEC) programme. The event, held on Sunday, brought together…
Egypt, Japan celebrate 70 years of development cooperation
The Japan International Cooperation Agency (JICA), in collaboration with the Embassy of Japan in Egypt, hosted a ceremony at the Egyptian Opera House on 22 February to commemorate 70 years…
CIB, Kenya Bankers Association launch 3rd Credit Analysis Programme for university graduates
Commercial International Bank – Egypt (CIB) and Kenya Bankers Association (KBA) have announced the launch of the third edition of the Credit Analysis Programme in East Africa. This initiative is…
Egyptian remittances: Cornerstone of economic stability
Remittances from Egyptians working abroad remain one of the most significant and enduring sources of foreign exchange for Egypt. They play a crucial role in supplying the foreign currency needed…
Private banks in Egypt achieve record profits in 2024
Private banks operating in the Egyptian market recorded unprecedented profits in 2024, driven by substantial growth in interest income and operating revenues. Commercial International Bank Commercial International Bank (CIB) led…
Egyptian, Palestinian PMs discuss Gaza recovery plan for Arab Summit
Egyptian Prime Minister Mostafa Madbouly met with his Palestinian counterpart, Mohammad Mustafa, on Saturday to review plans for the early recovery and reconstruction of Gaza. The plan is expected to…
Egyptian FM delivers message to Eritrean President, discusses ties
Egyptian Foreign Minister Badr Abdelatty met with Eritrean President Isaias Afwerki on Friday to deliver a verbal message from Egyptian President Abdel Fattah Al-Sisi, focusing on strengthening bilateral relations and…
Pakistan PM praises armed forces on Operation Swift Retort 6th anniversary
Pakistan's Prime Minister Muhammad Shehbaz Sharif has lauded the Pakistan Armed Forces for their courage, bravery, professionalism, and spirit of sacrifice on the sixth anniversary of Operation Swift Retort. In…
Said Zater Assumes New Strategic Role at Contact Financial Holding
Said Zater has stepped down as CEO of Contact Financial Holding to take on a new role as Vice Chairman of the Board and Board Advisor. This transition marks the…
Elsewedy Electric expands into Europe with landmark power project in Hungary
Elsewedy Electric Group has secured a major engineering, procurement, and construction (EPC) contract for Hungary’s largest combined cycle power plant (CCPP) in decades. Awarded by MVM Matra Energia Zrt., a…