Egypt welcomes WB, IMF growth forecasts, points to reforms
Egypt's economy is forecast to see increased growth in the current and next fiscal years according to the World Bank (WB) and International Monetary Fund (IMF), projections which the government…
CBE governor participates in second G20 FMCBG meeting
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the second meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG), held on 23–24 April 2025.…
Government to issue EGP 2.175trn in local debt instruments in Q4 of FY25
The Egyptian government plans to issue EGP 2.175trn in local debt instruments during the fourth quarter of fiscal year 2024/2025 to refinance maturing debt and finance the state budget deficit.…
Hamas open to long-term Gaza truce but rejects disarmament, adviser says
Hamas is open to a long-term truce with Israel in Gaza but is "not prepared to lay down its arms," a senior official said on Saturday, as a delegation from…
CIB launches enhanced internet banking platform to accelerate digital transformation
Commercial International Bank – Egypt (CIB) has launched an upgraded version of its internet banking platform, enabling customers to securely manage their accounts and perform banking transactions directly through a…
United Bank expands digital services, financing solutions for companies
United Bank has unveiled a new package of digital banking services under its corporate digital payments program, marking a significant step toward full digital transformation and enhanced financial inclusion. In…
Customer deposits at banks climb to EGP 13.599trn in December 2024
The Central Bank of Egypt (CBE) reported that customer deposits at banks increased to EGP 13.599trn in December 2024, up from EGP 13.217trn in November — marking a monthly rise…
My heart never left cinema: Elham Shahin
In her Heliopolis salon, where the scent of coffee mingles with the fragrance of memory, Elham Shahin welcomed us after her return from Los Angeles. The room was unmistakably hers—walls…
Taiwan Auto Parts Makers Navigate US Tariffs, Eye Egypt as Gateway, says TAITRA Chairperson
Amid ongoing trade tensions and shifting global supply chains, Taiwan's crucial auto parts industry is actively seeking diversification, with markets like Egypt emerging as key strategic locations, according to James…
Egypt Gears Up for 3 Major Sporting Events in May, Pan Arab Golf Championship set for Madinaty, Katameya Dunes
Egypt is preparing to host three major international sporting events in May, concluding with the Pan Arab Golf Championship for Juniors and Ladies at the Madinaty Golf Club and Katameya…
