EU warns China’s rare earth curbs are a ‘great risk’, weighs response
European Commission President Ursula von der Leyen has warned that China's tightening of export restrictions on rare earth metals and battery materials poses a "great risk" to Europe and said…
Egyptian ministers launch 2nd ‘EGY AGRI’ expo in New Valley governorate
Egypt's Minister of Local Development, Manal Awad, and Minister of Agriculture, Alaa El-Din Farouk, on Thursday inaugurated the second edition of the New Valley agricultural exhibition, "EGY AGRI," a national…
Egypt advances efforts to align with EU Carbon Border Mechanism to boost export competitiveness
Mohamed El-Shimy, Minister of Public Enterprises Sector, held an extensive meeting on Saturday to review ongoing efforts by state-affiliated companies to align with the European Union’s Carbon Border Adjustment Mechanism…
Egypt, Morocco explore deeper industrial, transport cooperation
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with the Ambassador of Morocco to Cairo, Mohamed Ait Ouali, to discuss ways to…
United Bank, Social Housing Fund expand affordable mortgage finance to EGP 5bn
The United Bank has signed a cooperation protocol with the Social Housing and Mortgage Finance Fund to provide a wider range of affordable mortgage solutions for low- and middle-income citizens.…
Non-bank financing for MSMEs jumps to EGP 91.4bn in August 2025: FRA
The Financial Regulatory Authority (FRA) has announced that the total volume of non-bank financing extended by companies and associations operating in the medium, small, and micro enterprise (MSME) sector reached…
Suez Canal Bank leads EGP 4.5bn syndicated loan for Madkour infrastructure project
A banking alliance led by Suez Canal Bank has signed a joint financing agreement worth EGP 4.485bn in favour of Madkour Holding. The financing will fund contracting works assigned by…
HSBC to review retail banking business in Egypt
HSBC Egypt announced that its parent company, HSBC Holdings plc (HSBC Group), will undertake a strategic review of its retail banking business in Egypt. This follows the announcement earlier this…
Egypt, Saudi Arabia discuss strengthening pharmaceutical cooperation
Chairperson of the Egyptian Drug Authority (EDA) Ali Ghamrawy has held a bilateral meeting with President of the Saudi Food and Drug Authority (SFDA) Hisham Aljadhey on the sidelines of…
President Al-Sisi closely follows up on Egypt–Saudi Arabia power interconnection project: Esmat
Minister of Electricity and Renewable Energy Mahmoud Esmat said that the Egypt–Saudi Arabia electricity interconnection project is receiving significant attention and direct follow-up from President Abdel Fattah Al-Sisi, given its…