Egypt’s Lucky secures $23m Series B to drive credit expansion across North Africa
Lucky, Egypt’s fast-growing financial technology company, has raised $23m in a Series B round combining equity and debt, as it accelerates its expansion into North Africa’s consumer credit market. The…
Social Solidarity Minister reviews progress of Strategic Financial System for Economic Empowerment
Maya Morsy, Minister of Social Solidarity, held a meeting with the team overseeing the Strategic Financial System for Economic Empowerment at the Ministry, in the presence of Hala El-Said, Economic…
MSMEDA, Upper Egypt Development Authority partner to develop production clusters
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), held talks with Amr Abdel Moneim, CEO of the Upper Egypt Development Authority, to strengthen institutional cooperation…
AOI explores industrial, defence cooperation with DR Congo
Mokhtar Abdel Latif, Chairperson of the Arab Organization for Industrialization (AOI), held talks, on Tuesday, with Jules Banza Mwilambwe, Chief of Staff of the Armed Forces of the Democratic Republic…
Egypt, UNDP discuss expanding water climate adaptation projects
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, said on Tuesday that Egypt is working with the United Nations Development Programme (UNDP) to expand climate adaptation projects in the…
Egypt aims to drill 100 exploratory wells by 2026 to boost production, Badawi says at AmCham roundtable
Egypt plans to drill more than 100 exploratory wells by 2026 as part of an ambitious strategy to enhance domestic oil and gas production, Petroleum Minister Karim Badawi said on…
Opinion | From “Wilson” to “Chatham House”: Building power through ideas, not armies
Some people make the mistake of assessing the power of major states solely through the strength of their armies, the resilience of their economies, or even the prestige of their…
Opinion | The US-European Rift: How the Iran War Has Exposed the Atlantic Divide
The war on Iran has emerged as one of the key catalysts for deepening tensions between the United States and the European Union, tensions long described as an iceberg, with…
Spending priorities shift in Q4 FY 2025/26 amid exceptional conditions: Finance Minister
Finance Minister Ahmed Kouchouk stated that spending priorities in the state’s general budget for the fourth quarter (Q4) of the current fiscal year 2025/26 have been adjusted in response to…
Industry Minister engages AmCham Egypt to advance US-Egypt trade, investment ties
Egypt’s Minister of Industry Khaled Hashem held discussions with a delegation from the American Chamber of Commerce in Egypt, led by Chairperson Omar Mehanna, to explore ways of strengthening trade…