Al-Sisi, Frederiksen discuss strengthening Egypt-Denmark relations
Egyptian President Abdel Fattah Al-Sisi met with Danish Prime Minister Mette Frederiksen in Copenhagen on Saturday, marking a historic milestone in Egypt-Denmark relations. This visit, the first of its kind…
Foundever expands operations in Egypt with €65m investment in partnership with ITIDA
Foundever, a global leader in customer experience services, has partnered with Egypt’s Information Technology Industry Development Agency (ITIDA) to expand its operations in the country with a €65m investment over…
Housing Ministry targets 50% hotel units in North Coast developments
Egypt's Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, has called for accelerating the completion of tourism village projects and other developments along the North West Coast. During an…
Al-Mashat inaugurates EU green hydrogen workshop, underscoring Egypt’s ambitions
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, inaugurated a National Consultation Workshop on Green Hydrogen, focusing on attracting investment in the sector. The workshop, organised by…
CBE enables instant inbound remittance transactions
The Central Bank of Egypt (CBE) has taken a significant step toward advancing digital financial services and fostering a cashless society by granting approvals to several banks in Egypt to…
ADCB Egypt highlights sustainability achievements with EGP 4bn portfolio in mid-2024
Abu Dhabi Commercial Bank (ADCB) Egypt has reaffirmed its dedication to sustainability within the banking sector by prioritizing projects that promote environmental and social responsibility. As of June 2024, the…
Banque du Caire named best bank in Egypt for SME financing, financial inclusion in 2024
The World Union of Arab Bankers (WUAB) has recognized Banque du Caire as the “Best Bank in Egypt for Financing Small and Medium Enterprises (SMEs) and Supporting Financial Inclusion for…
Banks, mortgage companies inject EGP 78.66bn into low-income initiative in November
Financial institutions participating in Egypt's low-income mortgage finance initiative provided a total of EGP 78.66bn in funding to over 606,839 beneficiaries in November 2024. A report from the Social Housing…
Banque Misr launches Egypt’s first public digital auction in collaboration with ‘Belmazad’ platform
Banque Misr has conducted Egypt's first public digital auction to sell its real estate assets, marking a milestone in the adoption of innovative technologies in the banking sector. The auction,…
HDB wins Gold Award for Green Finance at COP29 in Azerbaijan
The Housing and Development Bank (HDB) has been honored with the prestigious Gold Award for Green Finance at the Africa Grows Green Awards during the 29th session of the Climate…
