Egypt’s Foreign Minister discusses bilateral cooperation with Djibouti, Nigeria
Egypt's Foreign Minister Badr Abdelatty met with his counterparts from Djibouti and Nigeria on Sunday on the sidelines of a preparatory ministerial meeting for an extraordinary Arab-Islamic summit. Abdelatty met…
Early signs of macroeconomic stability support Cairo’s real estate performance: JLL
Egypt’s progress toward macroeconomic stability, fuelled by substantial foreign direct investment (FDI) and the recent approval of a $820m loan from the International Monetary Fund (IMF), is creating significant growth…
Zamil Steel marks 25 years in Egypt with 7,400 projects
Zamil Steel Holding's factories in Egypt have produced around 1.2 million tonnes of metal structures for approximately 7,400 projects, serving various industrial applications over the last 25 years. Roughly 450,000…
MSMEDA, World Bank partner to upgrade Egyptian entrepreneurship eco-system: Rahmy
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), emphasized enhancing Egyptian startups with both financial and technical support, by working on developing innovative ideas to…
EBRD considers $200m debt finance for 1.1 GW Suez Wind Energy
The European Bank for Reconstruction and Development (EBRD) is considering senior debt financing of up to $200m in debt financing to support Suez Wind Energy, an Egyptian special purpose vehicle…
FRA promotes green financing to boost investment in eco-friendly projects: Farid
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), Vice Chair of the International Organization of Securities Commissions (IOSCO), and Chair of its Growth and Emerging Markets Committee (GEMC), began…
WUF12 addresses SDG localisation, development finance
At the 12th World Urban Forum (WUF12), held in Cairo, two pivotal discussions underscored the critical importance of Sustainable Development Goals (SDGs) localisation and financing for development. These discussions revealed…
EBank launches Information Security Academy in partnership with EBI
EBank has announced the launch of the Information Security Academy (InfoSec) at the Bank, in partnership with the Egyptian Banking Institute (EBI), the training arm of the Central Bank of…
Suez Canal Bank opens its 53rd branch in Menoufeya’s Shibin El-Kom
Suez Canal Bank inaugurated its latest branch in Shibin El-Kom, Menoufeya to provide its banking services and products to a larger customer base. This aligns with the directions of CBE…
ABE injects EGP 39.8bn into small, micro-enterprises in September
The Agricultural Bank of Egypt (ABE) concluded the third quarter of this year with significant growth in loans allocated to funding SME activities. The bank stimulates various productive sectors to…
