Second package of tax facilitation measures to be launched this November: Finance Minister
Minister of Finance Ahmed Kouchouk announced that the government will launch the second package of tax facilitation measures in November 2025, building on progress achieved in strengthening the “partnership and…
Egypt’s Foreign Minister discusses Gaza, Sudan with Russian counterpart
Egyptian Foreign Minister Badr Abdelatty received a phone call from his Russian counterpart, Sergey Lavrov, on Friday, during which they discussed bilateral relations and regional issues, including Gaza and Sudan.…
Local liquidity in banking sector climbs to EGP 13.6trn in September 2025
The Central Bank of Egypt (CBE) reported a notable rise in broad money supply within the banking sector, reaching EGP 13.622trn in September 2025, up from EGP 13.388trn in August.…
ABE to roll out new financing, banking services for small-scale farmers to boost agricultural investment: CEO
Mohamed Abul Soud, CEO of the Agricultural Bank of Egypt (ABE), announced that the bank is preparing to launch a comprehensive package of new financing and banking services designed specifically…
CBE underscores banking sector resilience as financial soundness indicators exceed regulatory thresholds
The Central Bank of Egypt (CBE) affirmed the continued robustness of Egypt’s financial system, across both banking and non-banking institutions, throughout fiscal year (FY) 2024 and the first quarter (Q1)…
Iraq’s PM says holding elections on schedule is a ‘major event’ for the state
Iraqi Prime Minister Mohammed Shia al-Sudani said on Saturday that his government's success in holding parliamentary elections on schedule would be a "major event" for the state, reaffirming the country's…
Russia’s Putin appoints new deputy defence minister in security shake-up
Russian President Vladimir Putin on Saturday appointed a new deputy defence minister and reassigned the outgoing deputy to the country's Security Council, in the latest reshuffle of Russia's military and…
Trump announces US boycott of G20 summit in South Africa over ‘human rights abuses’
US President Donald Trump said on Friday that no US government official will attend the Group of 20 (G20) summit in South Africa later this month, citing what he described…
Rubio sees Vance as 2028 favourite, fuelling talk of a joint ticket
The first contours of a Republican succession battle are beginning to emerge, with U.S. Secretary of State Marco Rubio reportedly telling close associates that he believes Vice President J.D. Vance…
Arcius to acquire Egypt’s Harmattan gas field, strengthening Eastern Mediterranean portfolio
Arcius has signed a binding agreement to acquire the Harmattan gas and condensate field in Egypt’s Eastern Mediterranean waters, pending final regulatory approvals. The offshore field lies approximately 2.5 kilometres…