EGP 19.5bn annual increase in non-banking finance for MSMEs during April 2024: FRA
Non-banking finance reaches EGP 63.1bn in April 2024
Egypt concerned over Israeli military operations in Yemen, urges restraint, ceasefire in Gaza
Egypt has expressed deep concern regarding Israeli military operations in Yemen, warning that these actions are intensifying tensions across multiple fronts. In a statement issued Saturday by the Egyptian Ministry…
Tensions rise as Israeli jets bomb Yemen’s Hodeida after Tel Aviv attack
Israeli warplanes struck the Houthi-controlled Yemeni port of Hodeida on Saturday, a day after a drone attack by the Houthi rebels hit Tel Aviv, according to statements from both sides.…
Opinion| Egypt’s banking revolution: CBE approves launch of first digital bank
Historic achievement that signifies major step forward in country's digital transformation within banking sector
Rabie inspects new crane as part of Suez Canal Authority’s modernisation plan
Suez Canal Authority Chairperson Osama Rabie on Saturday inspected the newly acquired marine crane “CC,” the first of several planned additions to the agency’s maritime fleet. The crane, supplied…
Cairo Chamber of Commerce advocates for examining industrial distress cases
Mohamed Aref, Chairperson of the Egyptian Association of Marble and Granite Industry and Head of the Quarry and Marble Division at the Cairo Chamber of Commerce, has called for the…
Banks, financing companies’ contributions to affordable housing initiative reach EGP 70.6bn in June 2024
NBE leads financing parties with over EGP 18.1bn
Minister of Petroleum inspects gas production operations in West Nile Delta fields
Minister of Petroleum and Mineral Resources, Karim Badawi, accompanied by several leaders from the petroleum sector, inspected on Saturday the development and production of natural gas from the West Nile…
UAE’s BEEAH explores AED 500m investment in Egypt’s waste management sector
The UAE-based sustainability giant, BEEAH Group, plans to expand its operations into Egypt, with a potential investment of AED 500m in the country’s waste management sector. A meeting between…
Al-Mashat reviews governorates’ investment expenditure governance plan for FY 2024/25
Planning and Economic Development Minister Rania Al-Mashat reviewed on Saturday governorates’ spending plans for the fiscal year 2024/25, as the Egyptian government intensifies efforts to manage public investment. This move…
