Death toll mounts in Gaza as Israeli strikes continue, mediation efforts intensify
The Ministry of Health in Gaza reported on Saturday that 130 people had been killed and 263 injured in Israeli strikes in the past 48 hours, as emergency teams continued…
Al-Sisi commends Egyptian women’s role in national development during honorary event
Egyptian President Abdel Fattah Al-Sisi attended the "Egyptian Women and Ideal Mother" gathering on Saturday, where he praised the vital role of women in the nation’s development. He acknowledged their…
GAFI and Mashreq Bank to promote investment opportunities in Egypt
Egypt's General Authority for Investment and Free Zones (GAFI) and Mashreq Bank Egypt have signed a memorandum of understanding (MoU) to enhance cooperation in the field of investment and promote…
Air Liquide Egypt, UEG sign MoU for green ammonia project
Air Liquide Egypt and United Energy Group (UEG) have signed a Memorandum of Understanding (MoU) to collaborate on sustainable energy transition projects in Egypt, focusing on the production of low-carbon…
Annual urban inflation drops sharply to 12.8% in February 2025: CBE
Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025, down from 24.0% in January, marking its lowest level in nearly three years. This sharp decline was largely…
Gold prices surge 5.9% since early March amid market uncertainty
Global gold prices continued their upward trajectory last week, marking a third consecutive weekly gain despite a pullback in the final two trading sessions after reaching an all-time high. Over…
Housing Minister calls for swift completion of Fustat Hills Gardens project
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny recently met with representatives from the companies involved in the Fustat Hills Gardens project in Old Cairo. The meeting marked the…
CIB, Nile University celebrate first graduating cohort from Sustainable Finance Programme for SMEs
The Commercial International Bank (CIB) and Nile University recently celebrated the graduation of the first cohort from the Sustainable Finance Programme, an initiative developed with CIB’s support under the auspices…
Suez Canal Bank approves bonus shares worth EGP 3.5bn
The Ordinary General Assembly of Suez Canal Bank has approved the profit distribution plan for the 2024 fiscal year, which includes issuing bonus shares worth EGP 3.5bn at a rate…
CBE reports EGP 133.4bn in net profits for February 2025
The Central Bank of Egypt (CBE) recorded a net profit of EGP 133.4bn in February 2025, up from EGP 123.9bn in January, according to its latest financial statement. Total assets…
