CBE authorizes banks to open financial inclusion accounts
The Central Bank of Egypt (CBE) has granted banks permission to open financial inclusion accounts in foreign currencies for individuals and micro-enterprises classified as low-risk clients under categories A and…
Egypt’s external debt falls to $152.9bn in June
Egypt's external debt decreased to $152.9bn by the end of June 2024, according to the Central Bank of Egypt (CBE). This represents a decline from $160.607bn at the end of…
Egypt, Greece discuss electrical interconnection project
Minister of Electricity and Renewable Energy Mahmoud Esmat met with the Greek Minister of Environment and Energy, Theodoros Skylakakis, at the Ministry’s headquarters in the New Administrative Capital. The meeting…
Egypt’s military capabilities sufficient to defend country: Al-Sisi
President Abdel Fattah Al-Sisi has reiterated Egypt's military strength, declaring that the armed forces are fully capable of defending the country. During a speech at the Armed Forces' educational symposium…
Second batch of Palestinian medical students from Gaza arrive in Pakistan
The second batch of 61 Palestinian medical students from Gaza arrived in Islamabad today, following the arrival of the first batch of 27 students in Lahore on Sunday. The students…
Empowering workers: Impact of ‘Our Health is Our Capital’ project in Egypt
In recent years, Egypt has undertaken significant efforts to enhance women’s participation in the labour market and bolster the national economy. This initiative is part of a broader strategy to…
Over 2 million babies born into Sudan’s war: Save the Children
More than 2 million babies are estimated to have been born in Sudan since the start of the country's devastating conflict 18 months ago, according to Save the Children. These…
EFG Hermes successfully completes sale of Helmerich & Payne’s $197m stake in ADNOC Drilling
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA) announced Monday that its investment banking division has successfully completed an…
EFG Hermes concludes advisory on EGP 450m issuance for EFG Corp-Solutions
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced Monday that its investment banking division successfully concluded advisory on…
WUF returns to Africa for first time since its inauguration 20 years ago
Anacláudia Rossbach, Executive Director of the UN-Habitat programme, announced the details of Egypt’s hosting of the 12th edition of the World Urban Forum (WUF12), at a press conference on Sunday…
