ADIB-Egypt rolls out 50% cashback and zero-fee auto loans in “Summer Pros” campaign
Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) has introduced tiered cashback rewards of up to 50% and zero-fee auto financing as part of its fourth annual “Summer Pros” summer promotional…
Egypt, Libya sign protocol to launch Industrial Integration Exhibition
The Federation of Egyptian Industries (FEI) has signed a cooperation protocol with the General Union of Chambers of Commerce, Industry and Agriculture in Benghazi to organize an annual Egyptian-Libyan Industrial…
FRA amends conditions for real estate developers converting into investment funds
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has amended some of the conditions governing the conversion of real estate investment and development companies into real estate investment funds,…
Sudan’s Sovereign Council Head Offers Political Dialogue While Battling to Secure Vital Trade Routes
Sudan’s state leadership is attempting to rewrite the country's political future while fighting to secure its most critical economic and logistical arteries. In a dual offensive intended to consolidate…
Egypt Leverages Türkiye Rapprochement to Cement Regional Security, Economic Clout
Türkiye’s push to draw Egypt into a newly signed mutual defence agreement has given Cairo fresh leverage to assert its strategic clout and reshape the Middle East's security architecture. …
Suez Canal Bank reports EGP 3.63bn net profit in H1 2026
Suez Canal Bank (SCB) delivered strong financial results during the first half of 2026, supported by robust growth across its core banking activities despite a macroeconomic environment marked by easing…
HDB posts EGP 9.924bn net profit in H1 2026
Housing and Development Bank (HDB) delivered strong financial results during the first half (H1) of 2026, underpinned by its solid financial position, efficient business model and flexible operating policies, as…
Egypt’s National Navigation Company takes delivery of two 82,000-ton dry bulk carriers from China
Egypt’s National Navigation Company has received two new 82,000-ton Kamsarmax dry bulk carriers, "Wadi El Nil" and "Wadi El Kamar," from the Chinese shipyard New Hantong as part of a…
Edita Food Industries posts 31% profit growth in Q2 2026
Edita Food Industries reported a 31.1% year-on-year increase in net profit during the second quarter (2Q) of 2026, reaching EGP 706.7m, as strong demand, higher sales volumes and pricing measures…
Egyptian mission uncovers three tombs from ancient eras in Bahariya Oasis
An Egyptian archaeological mission working at the Sheikh Soby archaeological site in Egypt's Bahariya Oasis has uncovered three tombs dating to different periods of ancient Egypt, along with mummies, limestone…