SCB signs protocol with e-Aswaaq Misr to boost SME financing, drive digital transformation

Suez Canal Bank (SCB) has signed a cooperation protocol with e-Aswaaq Misr, a subsidiary of e-Finance for Financial and Digital Investments, to expand financing for small and medium-sized enterprises (SMEs)…

Daily News Egypt

CIB launches training programme, awareness campaigns for Global Fraud Awareness Week

The Commercial International Bank–Egypt (CIB) has launched a comprehensive and innovative training programme to coincide with Global Fraud Awareness Week. The initiative aims to strengthen a culture of integrity and…

Daily News Egypt

ABE chair meets Beheira, Daqahleya governors to advance agricultural development

Mohamed Abou El-Saoud, CEO of the Agricultural Bank of Egypt (ABE), met with Jacqueline Azar, Governor of Beheira, during a visit to the governorate as part of an executive tour…

Daily News Egypt

Banque Misr signs EGP 3bn revolving credit facility with SODIC

Banque Misr has signed a revolving credit facility agreement worth EGP 3bn with the Sixth of October Development and Investment Company (SODIC), with a tenor of up to four years.…

Daily News Egypt

Egypt urges infrastructure overhaul to boost trade at historic Cairo summit

Egypt called for a radical overhaul of African infrastructure and financing mechanisms on Saturday, warning that regional integration is no longer optional but critical for the continent's survival amidst global…

Mohamed Samir

Ahl Masr Burn Hospital Concludes First Scientific Forum, Prepares for Expanded Second Edition in 2026

Ahl Masr Burn Hospital successfully concluded the inaugural edition of its First Medical Forum for Burn Care after two days of intensive scientific discussions and knowledge exchange, held under the…

Daily News Egypt

Egypt Tax Authority Standardises VAT Treatment for Exported Services, Issues Guidance

The Egyptian Tax Authority (ETA) has issued Executive Instructions No. (45) for the year 2025 regarding the mechanism for taxpayers to deal with exported services, according to a statement from…

Daily News Egypt

Resilience, Innovation, and the Smart Home: Mohamed Ataya on GROHE’s Strategic Vision for Egypt

As Egypt’s real estate landscape continues to expand and evolve, consumer expectations in the premium sanitary ware market are shifting toward a demand for longevity, intelligence, and environmental stewardship. In…

Daily News Egypt

Egypt GDP growth hits three-year high of 5.3% in Q1 2025/26

Egypt’s economy grew by 5.3% in the first quarter of the 2025/2026 fiscal year, GDP growth exceeded 5% for the first time in more than three years, the Ministry of…

Daily News Egypt

Non-banking financial activities hit EGP 954.2bn in M9 2025

The Financial Regulatory Authority (FRA) announced that the volume of non-banking financial activities, including capital market operations and all forms of non-banking finance, reached EGP 954.2bn during the period from…

Hossam Mounir