Non-banking finance for MSMEs reaches EGP 83.319bn in February 2025: FRA
The Financial Regulatory Authority (FRA) announced that the volume of non-banking finance extended by institutions and companies under its supervision to medium, small, and micro enterprises (MSMEs) reached EGP 83.319bn…
CBE to offer $950m dollar-denominated T-Bill tender to cover previous maturity
The Central Bank of Egypt (CBE) will offer a one-year Treasury bill (T-bill) auction denominated in US dollars on Monday, with a value of $950m and maturity set for 28…
CBE governor meets IMF deputy managing director on sidelines of Spring Meetings
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), on the sidelines of the Spring Meetings…
Gaza ceasefire talks continue in Cairo, as Egypt welcomes new PA leadership role
Intensive ceasefire negotiations involving a senior Hamas delegation are taking place in Cairo amid ongoing Israeli bombardment in Gaza, while Egypt has also welcomed a key appointment within the Palestinian…
Egypt’s PM tackles Workers’ University reform, Labour Law implementation
Egyptian Prime Minister Mostafa Madbouly held separate meetings on Sunday focusing on key labour sector issues, reviewing challenges and development plans for the Workers' University and discussing the implementation of…
Suez Canal Economic Zone offers promising opportunities for investors: PM Madbouly
Egypt’s Prime Minister Mostafa Madbouly held a meeting on Sunday with Walid Gamal El-Din, Chairperson of the General Authority for the Suez Canal Economic Zone (SCZONE), to review matters related…
IRSC signs agreement with ACO, Sungrow, and Tongwei for 75 MW solar projects in Egypt
Arab Consulting Office (ACO), in collaboration with global technology leaders Sungrow and Tongwei, has signed a strategic framework agreement with IRSC for renewable energy solutions to jointly develop 75 megawatts…
Abdelatty, Mbae discuss Horn of Africa, Red Sea developments
Egypt's Foreign Minister Badr Abdelatty and his Comorian counterpart, Mohamed Mbae, held a telephone call on Saturday, discussing bilateral relations and regional issues, Egypt's foreign ministry said. According to a…
Egypt’s Ministry of Health launches trachoma elimination campaign in 7 governorates
Egypt's Ministry of Health and Population has launched a campaign during April to prevent and treat the infectious eye disease trachoma (Chlamydia trachomatis) in seven governorates, according to a ministry…
Urbnz Developments achieves 40% construction milestone at Axis Three Business Mall
Urbnz Developments announced that construction progress at Axis Three Business Mall, located in the Northern Extensions area of 6th of October City, has reached 40%. Islam Mostafa, Founder and Chairperson…
