Indonesia expresses interest in collaborating with SCZONE in ports, electric cars, and green fuel
Waleed Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), welcomed a delegation from the Indonesian Ministry of Trade and Industry at the SCZONE headquarters in the New Administrative…
CBE receives offers worth $1.117bn for USD-denominated T-bill auction
The Central Bank of Egypt (CBE) recently received 23 offers from both local and foreign investors, totalling $1.1176bn, to cover a USD-denominated treasury bills auction. This auction, announced by the…
RMBV explores acquisition opportunities in Egypt: Badreldin
Ahmed Badreldin, the Non-Executive Chairperson of Cleopatra Hospitals Group and Managing Partner of RMBV, has revealed that the platform is actively exploring new acquisition opportunities in the Egyptian market this…
Egypt, Belarus deepen economic ties with investment, trade, capital market agreements
Egypt’s Prime Minister Mostafa Madbouly and his Belarusian counterpart, Roman Golovtchenko, witnessed the signing of several agreements and memoranda of understanding (MoUs) on Tuesday. These agreements aim to bolster cooperation…
KOICA, Plan International mark conclusion of Humanitarian Partnership Programme in Egypt
The Korea International Cooperation Agency (KOICA), South Korea’s official development assistance agency, joined forces with Plan International’s Korea and Egypt offices to celebrate the closing ceremony of their impactful Humanitarian…
Africa needs $4trn annually to achieve sustainable development goals, says AfDB President
This came as he delivered a powerful message at the Islamic Development Bank's 50th anniversary celebrations in Riyadh, Saudi Arabia. The AfDB President championed the importance of multilateral development banks…
Ministry of Finance to launch 26 tenders for T-bills, bonds worth EGP 457bn in May
The Ministry of Finance has announced its plan to issue 26 tenders for treasury bills and bonds in May, with a total value of EGP 457bn. These tenders include 16…
MSMEDA signs EGP 30m contract with Al-Khair Microfinance
Basil Rahmi, the CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), recently signed a contract to finance micro-projects with Al-Khair Microfinance. The contract, valued at EGP 30m,…
Egypt participates in IDA for Africa Summit, discussing development ambitions
Egyptian Minister of International Relations represents President at summit in Kenya
Al-Sisi, Biden discuss Gaza crisis, Egyptian efforts to reach ceasefire
Egyptian President Abdel Fattah Al-Sisi received a phone call from US President Joe Biden on Monday to discuss the ongoing Gaza crisis, including Egypt's role in brokering a ceasefire and…