Egypt’s FRA grants 6 temporary licences to healthcare administrators under new insurance law
Egypt's Financial Regulatory Authority (FRA) has granted temporary operating licences to six healthcare third-party administrator (TPA) companies, as the regulator begins enforcing the country's new Unified Insurance Law, the authority's…
Egypt courts German tour operators with strategic push to boost inbound tourism
Minister of Tourism and Antiquities Sherif Fathy held talks with Albin Loidl, President of the German Travel Association (DRV), alongside senior DRV official Volker Adams and a delegation of leading…
Egypt’s Doorknock Mission in Washington: Investment prospects amid regional turmoil
The American Chamber of Commerce (AmCham) in Egypt has wrapped up its 43rd “Doorknock Mission” to Washington, concluding a week of high-level meetings that delivered both economic and political signals…
IBAG unveils new identity as ‘Rimmit’, launches strategy and money transfer app
IBAG, a leading international money transfer company, has announced the launch of its new brand identity under the name “Rimmit”, marking a strategic evolution in its journey to deliver advanced…
Opinion | Reading into the Surprise Rate Increase by the National Bank of Egypt and Banque Misr
In a move reflecting clear flexibility in liquidity management, both the National Bank of Egypt and Banque Misr have announced an increase in the yield on three-year fixed-rate certificates to…
Bank financing for MSMEs surges 390% over decade; mobile wallet transactions near EGP 4trn: CBE
The Central Bank of Egypt (CBE) has reported robust growth in banks’ financing of micro, small and medium-sized enterprises (MSMEs), with portfolios expanding by 390% between December 2015 and December…
Central Bank of Egypt sets new rules for margin financing of securities purchases
The Central Bank of Egypt (CBE) has issued a comprehensive set of rules governing banks’ financing of securities purchases on margin, in a move designed to strengthen oversight, mitigate risks,…
US military fuel shipments to Pacific expose strain of Iran war on global oil supply
An unusual series of military fuel shipments scheduled to sail from the United States across the Pacific exposes the widening impact of the Iran war on global oil supply chains.…
US think tanks map Middle East’s post-conflict trajectory amid far-reaching economic, political risks
Think tanks and research centres in the United States play a pivotal role in shaping policymaking; not merely as academic observers, but as influential actors that help frame future scenarios…
Egypt allocates EGP 35bn for Sinai public investments over two years
Egypt has allocated EGP 35bn in public investments for the North and South Sinai governorates during the fiscal year (FY) 2025/26 and FY 2026/27, Minister of Planning and Economic Development…