M squared CEO Karim Malash named in CNBC Arabia’s Top 100 Business Leaders for 2026
Karim Malash, chairperson and chief executive officer of M squared, has been named one of CNBC Arabia’s Top 100 Business Leaders for 2026. The ranking identifies executives, founders, and innovators…
EGX marks 30 years since CIB launched Egypt’s first Global Depositary Receipts programme
The Egyptian Exchange (EGX) marked the 30th anniversary of Commercial International Bank – Egypt's (CIB) launch of its Global Depositary Receipts (GDRs) programme in international markets with a special opening…
FRA mandates credit checks for life insurance policies worth EGP 10m or more
The Financial Regulatory Authority (FRA) has required life insurance companies to obtain a credit report for any applicant seeking an individual life insurance policy worth EGP 10m or more, or…
Gold posts biggest weekly loss since June as higher bond yields outweigh geopolitical tensions
Gold prices in Egypt edged higher on Saturday despite the closure of global markets, following a volatile week in which bullion recorded its steepest weekly decline since early June, as…
Egypt’s Social Solidarity Ministry joins national street animal management plan
Egypt's Ministry of Social Solidarity announced its participation in a comprehensive national plan to manage street animals, as part of a unified strategy aimed at protecting citizens' health and environmental…
Egypt explores localisation of communications equipment components with Thales
Minister of State for Military Production Salah Gamblat met with Ahmed El Assar, Founder and Managing Director of Masar for Consultancy and Business Development, and Sherif Barakat, Chief Executive Officer…
CIB leads EGP 18bn syndicated loan for Orascom Development’s O West project
Orascom Development Egypt (ODE), one of Egypt's leading real estate and tourism developers, announced that its subsidiary, Orascom Real Estate, has secured a 10-year syndicated financing facility worth EGP 18bn…
Egypt’s microfinance portfolio approaches EGP 108bn in Q1 2026: MSMEF chairperson
Egypt's microfinance sector maintained strong growth during the first quarter (Q1) of 2026, with the total outstanding microfinance portfolio approaching EGP 108bn, according to Hala Abu Elsaad, Chairperson of the…
Egypt’s net international reserves rise $3.6bn in H1 2026 to record $55.1bn
Egypt’s net international reserves (NIR) increased by approximately $3.62bn during the first half (H1) of 2026, reaching a record $55.072bn in June, up from $51.452bn in December 2025, according to…
’10K Race the Coast’ launches in Egypt’s North Coast to promote sports tourism
Egypt's Minister of Youth and Sports Gohar Nabil launched the third edition of the "10K Race the Coast" in the North Coast, featuring 1,000 competitors from 30 nationalities. The event…