Saudi Arabia ranks 2nd among Egypt’s trading partners in Q1 2024
The Central Bank of Egypt (CBE) said that the Kingdom of Saudi Arabia ranked second among Egypt's top trading partners until the end of the first quarter (Q1) of 2024,…
Exclusive: Saudi Crown Prince to arrive in Egypt within hours, announce major investments
Saudi Crown Prince Mohammed bin Salman is expected to arrive in Cairo, Egypt within hours, where he will announce several major investments and projects, sources close to the matter have…
Egypt’s Irrigation Minister, World Bank discuss water cooperation at CWW
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, met with Stefan Gumpert, Director of the World Bank Office in Egypt, and his accompanying delegation, where they reviewed the status…
Egypt to organize 2nd Population, Health, and Human Development conference next week
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, announced the themes of the second edition of the International Conference on Population, Health and Human Development…
Israel commits 2 massacres against civilians in Gaza
The Israeli occupation army has committed two massacres in the Nuseirat camp and Deir Al-Balah city, central Gaza, and continued the siege and intensive bombardment of northern Gaza as the…
GB Capital acquires licence to expand into securities promotion, underwriting
GB Capital for Financial Investments, the financial arm of GB Corp, has secured a licence from the Financial Regulatory Authority (FRA) for the promotion and underwriting of securities, marking a…
Q Developments unveils new project in New Zayed
Q Developments announced the launch of its first project in west Cairo, Q Hills located in New Zayed City, on 24 feddans directly on the Dabaa axis, minutes away from…
FRA clarifies suspension of new applications for consumer, microfinance companies
The Financial Regulatory Authority (FRA) has detailed the reasons for halting the acceptance of new applications for licences to establish companies aimed at providing micro-project financing or consumer finance through…
EGAS, Greek Copelouzos sign agreement to establish new gas company
Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed the signing of a shareholders' agreement for partnership in a joint company, headquartered in Greece, between the Egyptian Natural Gas Holding…
Egypt has capacity, flexibility to manage budget financing needs: Finance Minister
Ahmed Kouchouk, the Minister of Finance, emphasized that financial and economic reform is an ongoing and sustainable process. “This process extends beyond our reform programmes supported by international institutions,” he…