Egypt, Huawei discuss localising electric grid equipment manufacturing

Mahmoud Esmat, Egypt’s Minister of Electricity and Renewable Energy, recently met with Jim Liu, CEO of Huawei Egypt, and his delegation to discuss localizing the manufacturing of electric grid equipment…

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Banks’ commitment to foreign currency requirements for import

Through its distinguished monetary policy and wise decisions, the Central Bank of Egypt (CBE) has managed to maintain exchange rate flexibility. With all the economic changes, banks have emerged as…

Mohamed Abdel Aal Mohamed Abdel Aal

Agricultural Bank’s loan portfolio increases to EGP 80.3bn in Q3 2024

The Agricultural Bank of Egypt (ABE) concluded the third quarter (Q3) of the current year with remarkable growth rates in business results indicators. According to ABE indicators in Q3 2024,…

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CBE welcomes Zambia, Eswatini delegations to share experiences on MSME finance

Within the context of Egypt's commitment to enhancing cooperation with African countries across various fields, the Central Bank of Egypt (CBE) welcomed a delegation from Zambia and Eswatini for three…

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Banking sector’s net foreign assets record $10.3bn surplus in September: CBE

The Central Bank of Egypt (CBE) revealed that the net foreign assets of the Egyptian banking system achieved a surplus of $10.3bn, equivalent to EGP 498.6bn in September compared to…

Hossam Mounir Hossam Mounir

Audience’s reception at Arab Music Festival brings me immense joy: Hany Shaker

Hany Shaker, a timeless artist, has established himself as a leading figure in Arabic music with his exceptional performances and unparalleled voice. In this conversation, we will explore the life…

Kadry Al-Haggar Kadry Al-Haggar

Boosting Egypt’s real estate quality needs foreign investment: Stakeholders

Ahmed Sabbour, Chairperson of Al Ahly Sabbour Developments, highlighted the importance of attracting foreign investment to enhance the quality of Egypt's real estate sector, praising Emaar’s experience as a model…

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Egypt’s Parliamentary, Political Communication Minister, AmCham discuss government’s legislative agenda

Mahmoud Fawzi, Egypt’s Minister of Parliamentary, Legal and Political Communication, participated in a seminar hosted by the American Chamber of Commerce in Egypt (AmCham) to discuss the government's legislative priorities…

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Cairo gets 1st ‘Khadamat Misr’ centre, expanding government services

The first “Khadamat Misr” (Egypt’s Services Centre) in Greater Cairo opened in Mokattam on Wednesday, offering a centralised location for citizens to access more than 150 government services. The centre…

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Egypt’s Minister of Environment highlights biodiversity issues at COP16

Egypt’s Minister of Environment, Yasmine Fouad, called on the international community to work to restore the credibility of multilateral cooperation in achieving the slogan of Peace with Nature, which is…

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