Citizen Bond to be re-offered through post offices in coming days: Finance Minister
Egypt’s Minister of Finance, Ahmed Kouchouk, announced that the “Citizen Bond” will be re-offered through post offices nationwide in the coming days, following strong demand during its initial issuance. Kouchouk…
Regional escalation intensifies with cross-border strikes
A sharp military escalation is unfolding across the Middle East, marked by cross-border attacks, interceptions, and increasingly hardline rhetoric as hostilities expand across multiple fronts. In Qatar, the Ministry of…
Four-way meeting in Islamabad urges de-escalation, renewed US-Iran talks
Egypt, Türkiye, Saudi Arabia and Pakistan have called for prioritising diplomacy and launching a negotiation track between the United States and Iran to contain escalating military tensions, warning of serious…
Egypt explores expanding SAP investments, digital skills programmes
Egypt’s Minister of Communications and Information Technology, Raafat Hindy, met on Sunday with Augusta Spinelli, Regional President for Europe, the Middle East, and Africa (EMEA) at SAP, to discuss expanding…
Gold edges higher locally as 21-karat gram closes at EGP 6,925
Gold prices posted modest gains in Egypt’s local market during last week’s trading, even as global prices declined sharply amid heightened volatility driven by US dollar strength and escalating geopolitical tensions,…
Egypt reviews measures to secure electricity supply, optimise fuel use
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, chaired a strategic committee meeting to review the implementation of government measures aimed at reducing electricity consumption, lowering fuel use, and…
FRA chair approves licences for 10 firms in non-banking financial activities
Islam Azzam, Chairperson of Egypt’s Financial Regulatory Authority (FRA), has approved a series of decisions issued by the Committee for the Establishment and Licensing of Companies operating under the Authority’s…
Egypt arrests senior leader of MB-linked Hasm terror group over presidential plane plot
Egyptian authorities have arrested Ali Mahmoud Mohammed Abdel Wanis, a senior leader within the MB-linked Hasm terror group, for his role in a plot to target the presidential aircraft with…
Grounds Developments enters Red Sea market with Tamaraya project in South Hurghada
Grounds Developments has announced its entry into Egypt’s Red Sea market with the launch of its first coastal project, Tamaraya, located in South Hurghada. The company, founded by Youssef Fekry…
Qasatli introduces lower-rate mortgage model to expand access for underserved segments
Qasatli is rolling out a new mortgage financing model aimed at widening access to housing finance in Egypt, with a particular focus on segments traditionally underserved by large financial institutions.…