Al-Mashat, French Ambassador review bilateral development cooperation
Egyptian Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat met with French Ambassador to Cairo Eric Chevalier to discuss future economic cooperation between the two countries. The meeting…
Egypt’s Al-Mashat, Scatec explore future investments in green energy
Egypt’s Minister of Planning, Economic Development, and International Cooperation Rania A. Al-Mashat met with Norwegian Ambassador to Cairo Hilde Klemetsdal and Scatec CEO Terje Pilskog on March 15 to discuss…
Egyptian Space Agency unveils ambitious satellite projects, international partnerships
The Egyptian Space Agency (EgSA) is embarking on ambitious new satellite projects and expanding international collaborations, as announced during the agency’s 10th Board of Directors meeting chaired by Prime Minister…
Base year effect lowers inflation rate
Egypt’s urban inflation dropped to 12.8% in February 2025, down from 24% in January, a sharp decline primarily attributed to the base year effect. But what does this term mean,…
Saib Bank appoints two non-executive board members after CBE approval
Saib Bank has appointed Mohamed Onsy El-Beshouty and Abdel Khalek Farag El-Wazir as non-executive board members, representing Arab Contractors Investment Company. The Central Bank of Egypt (CBE) approved El-Beshouty’s appointment…
Will CBE extend InstaPay’s fee waiver as deadline nears?
The financial sector is closely watching the Central Bank of Egypt (CBE) as the current fee exemption for InstaPay transactions approaches its expiration at the end of this month. In…
FRA reports EGP 299bn in financing by entities under its supervision in Q4 2024
The Financial Regulatory Authority (FRA) announced that total financing provided by entities under its supervision reached EGP 299bn in the fourth quarter (Q4) of 2024. This figure includes capital market…
The Crypto Effect: Measuring Digital Currency’s Impact on US Business Landscapes
In the span of just over a decade, cryptocurrency has evolved from an obscure digital experiment to a powerful economic force reshaping how American businesses operate, invest, and plan for…
Egypt welcomes Trump’s shift on Gaza displacement
Egypt on Thursday welcomed recent statements by US President Donald Trump, which suggested a change of course regarding the potential displacement of Palestinians from the Gaza Strip. In a statement,…
Egypt’s Al-Wazir, MSC Group discuss new investments to strengthen transport, logistics
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir met with Soren Toft, CEO of MSC Group, to explore new investment opportunities in Egypt’s transport…
