Olympics: Opening ceremony shows Paris to world under rain, did it work?
A flash of red, white and blue of the French tricolour flag and the opening ceremony of the 2024 Olympic Games in Paris was underway, heralded by traditional accordion music.…
Olympic Games return to Paris with spectacular waterborne opening ceremony
After a century-long wait, Paris welcomes back the Olympic Games with a splashy and "Seine-sational" opening ceremony, making itself a truly moveable feast. French President Emmanuel Macron declared the Olympic…
Total financial position of Egyptian banking sector increases to EGP 17.8trn in Q1 2024
Household sector holds 74.2% of EGP 11.534trn in customer deposits
CIB launches ‘Sustainable Finance Loan’ for SMEs
The Commercial International Bank (CIB) has announced the launch of its new “Sustainable Finance Loan,” specifically targeting small and medium-sized enterprises (SMEs). This product results from a two-year partnership focused…
MSMEDA adopts strategy to support projects aligned with SDGs, green economy: Rahmi
Climate change poses economic, environmental challenges to small enterprises sector: Rahmi
Egypt’s engineering exports surge 28.6% in H1 2024
The Engineering Export Council of Egypt (EEC) recently reported a remarkable surge in the sector's exports during the first half of 2024. Exports increased by 28.6%, reaching an impressive $2.599bn…
Egypt’s Al-Mashat holds strategic meetings with global leaders at G20
Rania A. Al-Mashat, Egypt's Minister of Planning, Economic Development, and International Cooperation, held a series of meetings with global counterparts during the G20 Development Ministers Meeting in Rio de Janeiro,…
Egypt launches EGP 50bn initiative to boost tourism sector
The government has given the green light to a new initiative aimed at bolstering the tourism sector. Funded by the Ministry of Finance, this strategic move seeks to accelerate investment…
Egypt committed to enhancing tax system: Assistant Minister of Finance
We aim to leverage achievements to compete with world's leading tax entities: Youssef
World Bank, Egypt pledge deeper ties amid economic reforms
Egypt’s newly merged Ministry of Planning, Economic Development, and International Cooperation and the World Bank have vowed to deepen their partnership as the North African country presses ahead with economic…
