Egypt explores pharma, healthcare investment with US firm
Egypt’s Ministry of Health has discussed investment opportunities in healthcare and pharmaceutical manufacturing with US based Pure Peptides Pharmaceutical, as part of the government’s drive to attract foreign investment and localise…
Egypt, Pakistan discuss expanding defence industry cooperation, technology exchange
Salah Gamblat, Egypt’s Minister of State for Military Production, held talks with Amer Shaukat, Pakistan’s ambassador to Cairo, on prospects for expanding bilateral cooperation across several sectors, with particular focus…
Egypt reaffirms industrial partnership with Russia, Islamic World at KazanForum 2026
Egypt’s Minister of Industry Khaled Hashem reaffirmed Cairo’s commitment to deepening industrial and technological cooperation with Russia and countries of the Islamic world during the Russia-Islamic World: KazanForum 2026 in…
Ministerial coordination underway to ensure effective implementation of Startup Charter goals: Deputy PM
Hussein Eissa, Egypt’s Deputy Prime Minister for Economic Affairs, said ongoing coordination and integration among members of the ministerial entrepreneurship group are aimed at ensuring the effective implementation of the…
Saib announces EGP 835.8m profits in Q1 2026
Saib Bank announced its financial results for the first quarter (Q1) of 2026, posting profits before provisions and taxes of EGP 835.8m, with net profit reaching EGP 222m in March.…
Suez Canal Bank reports 25% rise in Q1 2026 net profit to EGP 1.6bn: CEO
Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, said the bank is continuing its growth trajectory and reinforcing its position among Egypt’s leading banks, supported by a…
Banque du Caire posts 16% rise in Q1 2026 net profit to EGP 4bn
Banque du Caire reported strong financial performance during the first quarter (Q1) of 2026, with net profit after tax rising 16% year-on-year to EGP 4bn, compared with EGP 3.4bn in…
Egypt steps up preparations to host 33rd Afreximbank Annual Meetings in Alamein
Central Bank of Egypt (CBE) Governor Hassan Abdalla and African Export-Import Bank (Afreximbank) President and Chairperson George Elombi have held a press briefing at the CBE headquarters ahead of the…
Iranian tankers use ‘unprecedented’ evasion methods to bypass US Gulf blockade
Iranian oil shipments are successfully bypassing a vast US naval blockade in the Gulf of Oman, utilising highly complex evasion tactics to continue supplying China despite an "unprecedented" level of…
Trump suspends $14bn Taiwan arms sale as ‘bargaining chip’, warns Taipei against independence bids
US President Donald Trump announced he has suspended a proposed $14bn arms sale to Taiwan, describing the package as a "very strong bargaining chip" in his negotiations with Chinese President…