Egypt’s PM inaugurates Urban Expo at WUF12

Prime Minister of Egypt Mostafa Madbouly opened the Urban Expo on the sidelines of the 12th World Urban Forum (WUF) on Monday. The event also witnessed the attendance of President…

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MSMEDA pumps EGP 2bn into 76,000 small, micro-enterprises in Kafr El-Sheikh over 10 years

Basel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said on Monday that the agency has funded over 76,000 small and micro enterprises in Kafr El-Sheikh…

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CIB reports Q3 standalone revenues of EGP 25.2bn

The Commercial International Bank – Egypt (CIB) has reported third-quarter 2024 standalone revenues of EGP 25.2bn, up 98% from third-quarter 2023. The bank’s nine-month 2024 standalone revenues were EGP 71.4bn,…

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FRA engages in community dialogue with factoring, leasing companies to discuss Basel III solvency standards

The Financial Regulatory Authority (FRA) has held a community dialogue session with representatives from factoring and leasing companies, which fall under its supervision. The session, attended by FRA Vice Chairperson…

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Egypt committed to 3 priorities to ensure financial stability, boost private sector engagement: Finance Minister

Finance Minister Ahmed Kouchouk outlined Egypt’s commitment to three strategic priorities: financial stability, economic growth, and empowering the private sector during a video conference organized by EFG Hermes, attended by…

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WUF12 Egypt sets record for highest attendance: Madbouly

Prime Minister Mostafa Madbouly held a press conference on Monday ahead of the opening of the 12th edition of the World Urban Forum (WUF). The event was attended by UN…

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Palestinian President condemns Israeli crimes, calls for international action at WUF12

Palestinian President Mahmoud Abbas, speaking at the opening of the 12th World Urban Forum in Cairo on Monday, condemned Israel's actions in the Palestinian territories and called for international action.…

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Egypt unveils initiative for local governance, decentralization at WUF12

Minister of Local Development Manal Awad announced the launch of two initiatives during the World Urban Forum (WUF) in Cairo; one for advancing local governance and decentralization, and the other…

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WUF12: Sudan’s Al-Burhan praises UN support, vows to rebuild after war

Sudanese Sovereign Council President Abdel Fattah Al-Burhan has praised the United Nations for its support in bolstering Sudan’s efforts towards sustainable development and national identity. Al-Burhan specifically highlighted the UN's…

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Al-Sisi calls for global effort to address urban challenges at World Urban Forum

Egypt's President Abdel Fattah Al-Sisi addressed the opening of the 12th World Urban Forum (WUF12) on Monday, calling for a global effort to address the challenges facing cities and settlements…

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