Egypt steps up efforts to shield startups, SMEs from global headwinds: MSMEDA chief
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said state entities are working in close coordination to mitigate the impact of global economic challenges on…
Egypt’s gold prices fall EGP 100 on currency gains
Gold prices in Egypt declined during April 11-18, moving against the global rally as the Egyptian pound strengthened against the US dollar, according to iSagha’s weekly report. The price of…
Electricity Minister explores digital grid optimisation with Nexus Analytica
Minister of Electricity and Renewable Energy Mahmoud Esmat met with a delegation from Nexus Analytica, led by CEO Wissam El-Baz, at the Ministry’s headquarters in the New Administrative Capital. The…
Madbouly reviews Finance Minister’s Washington engagements during IMF-World Bank Spring Meetings
Prime Minister Mostafa Madbouly met with Finance Minister Ahmed Kouchouk to review key meetings and engagements held on the sidelines of the IMF-World Bank Spring Meetings in Washington, D.C. During…
Opinion | The Egyptian pound: Between stability gains and cautious outlook
The recent strengthening of the Egyptian pound (EGP) against the US dollar towards the end of last week’s trading was not merely a random fluctuation or a simple market reaction…
Suez Canal Bank signs tripartite protocol with eHealth, eAswaaq to drive healthcare digitalisation
Suez Canal Bank has signed a tripartite cooperation protocol with eHealth and eAswaaq—both affiliates of eFinance Investment Group—with the aim of supporting and developing Egypt’s healthcare sector by providing integrated…
Ahmed Fouad appointed head of SME Committee at FEB
The Federation of Egyptian Banks (FEB), chaired by Mohamed El-Etreby, has approved the appointment of Ahmed Fouad as head of its SME Committee, in a move aimed at enhancing the…
CBE explains March 2026 inflation uptick amid rising food, service costs
Annual urban headline inflation accelerated to 15.2% in March 2026, up from 13.4% in February, according to the Central Bank of Egypt (CBE). The increase was driven by rising food…
US officials hold rare talks in Havana demanding sweeping reforms as Trump threatens intervention
United States and Cuban officials have held an exceptional diplomatic meeting in Havana, where an American delegation demanded significant changes to the island's economy and system of government, warning that…
EU drafts plan to accelerate green transition in response to Iran war energy shock
European Union governments are planning to accelerate the bloc's transition to clean energy to counter fossil fuel price shocks triggered by the war in Iran, according to a draft agreement…