Financial position of banks in Egypt surpasses EGP 21.187trn in September 2024: CBE
The Central Bank of Egypt (CBE) has announced that the total financial position of banks operating in Egypt increased to EGP 21.187trn in September 2024, from EGP 19.336trn in June…
Must-visit destinations in Egypt for 2025
As a new year begins, Egypt beckons travellers to uncover its treasures—where ancient history intertwines with vibrant culture. From iconic monuments to breathtaking landscapes, Egypt offers an array of experiences…
Egyptian aid arrives in Damascus as airport gears to resume flights
An Egyptian cargo plane carrying 15 tons of relief supplies landed in Damascus on Saturday. The EgyptAir flight delivered medicine and food donated by the Egyptian Red Crescent to the…
Egyptian, Ugandan Presidents discuss Somalia, Sudan, bilateral ties
Egyptian President Abdel Fattah Al-Sisi and Ugandan President Yoweri Museveni discussed regional issues and bilateral relations during a phone call on Friday, according to Egyptian Presidency Spokesperson Ambassador Mohamed El-Shennawy.…
German, French FMs meet Syria’s new rulers, urge peaceful transition
The foreign ministers of Germany and France met with Syria's de facto leader Ahmed Al-Sharaa in Damascus on Friday, marking the first visit by European Union ministers to the country…
Gazans’ tents flood, displaced die from cold, Israeli bombardment
Over the past two days, rainwater has flooded around 1,542 tents housing displaced people in the Gaza Strip, according to the Palestinian Civil Defense Directorate. The flooding, coupled with harsh…
Egypt, USTDA to collaborate on methane emission reduction roadmap
Egypt’s Prime Minister, Mostafa Madbouly, has approved a draft presidential decree for an agreement between the Egyptian General Petroleum Corporation (EGPC) and the US Trade and Development Agency (USTDA) to…
Government plans to borrow EGP 1.983trn from local market in Q1 2025
The Egyptian government is set to borrow EGP 1.983trn from the local market during the first quarter of 2025 to meet previous debt obligations and finance the state’s budget deficit.…
Egypt’s engineering industry exports exceed $5bn for first time in 2024
The Engineering Export Council of Egypt (EECE) has announced a historic milestone, reporting a 21.6% increase in engineering industry exports during the first 11 months of 2024. Exports reached an…
Local Development Ministry to increase funding through ‘Mashrou’ak’ to EGP 4bn in 2025
The Ministry of Local Development plans to increase funding for the National Project for Human and Community Development, "Mashrou’ak" (Your Project), to EGP 4bn in 2025. The programme aims to…
