Banque du Caire reports EGP 8.6bn net profit in 9M 2024
Banque du Caire achieved net profits of EGP 8.6bn in September 2024, representing a 90% growth compared to September 2023. Operating income exceeded EGP 25bn. This strong performance was driven…
Industry Ministry offers 2,612 industrial land plots across 24 governorates
Deputy Prime Minister for Industrial Development, Minister of Industry and Transport, Kamel Al-Wazir, has announced the launch of the eighth phase of industrial land offerings by the Ministry of Industry,…
GF Piping Systems opens MDPE pipe manufacturing plant in Cairo
GF Piping Systems, a division of Georg Fischer AG and a leading global provider of piping solutions, has officially opened a new manufacturing facility in Cairo, Egypt. The plant, developed…
Financial regulation backs entrepreneurship, says Egypt’s FRA Chairperson
The Financial Regulatory Authority (FRA) is actively supporting entrepreneurship in Egypt through regulatory changes designed to foster growth in the non-banking financial sector, Chairperson Mohamed Farid announced at an event…
Ministry of Finance plans to issue EGP 751bn in T-Bills, bonds in December
Egypt’s Ministry of Finance is set to issue 33 treasury bill and bond auctions worth EGP 751bn in December 2024, aiming to settle previous debt obligations and finance the state…
Egypt’s Investment Minister Opens Egypt–North Rhine-Westphalia Economic Summit with 100 German Companies Present
Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, concluded his visit to Germany by meeting with the State Minister for Economic Affairs of North Rhine-Westphalia. The two officials discussed…
El-Sobky and CEO of the International Hospital Federation discuss joint cooperation
Chairman of the General Authority for Healthcare and General Supervisor of the Comprehensive Health Insurance Project, Ahmed El-Sobky, met with Ronald Lavatar, CEO of the International Hospital Federation. The Authority…
Egypt’s Ambassador to Mali presents credentials, underscore bilateral ties
Egyptian Ambassador Mohamed El-Gamal presented his credentials to Malian Transitional President Assimi Goïta on Saturday, following an official ceremony at the presidential palace in Bamako. The presentation underscored the strong…
Al-Mashat highlights government support for Egyptian entrepreneurship
Minister of Planning and Economic Development and International Cooperation Rania A. Al-Mashat participated in the American Chamber of Commerce in Cairo’s announcement of a new Entrepreneurship and Innovation Committee. Al-Mashat…
Gaza ceasefire talks begin in Cairo as Hamas releases Video of American-Israeli prisoner
Hamas released a video Saturday showing Aedan Alexander, an American-Israeli prisoner, appealing to President-elect Donald Trump to intervene in securing his release and that of other captives held in Gaza.…
