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.…
Damietta Port’s new container terminal nears completion
Damietta Port's new container terminal is nearing completion, with operational trials set to begin immediately after phase one is finished, according to officials. Egypt’s Prime Minister Mostafa Madbouly and Vice…
Egypt’s Al-Sisi, Gabon’s Nguema pledge closer cooperation on bilateral, African issues
Egypt and Gabon have pledged to strengthen their bilateral ties and enhance cooperation on regional issues, President Abdel Fattah Al-Sisi announced Saturday following a meeting with Gabonese interim President Brice…
Corporate, institutional financing for MSMEs jumps to EGP 71.3bn in September 2024
Corporate and institutional financing for Micro, Small, and Medium Enterprises (MSMEs) totaled EGP 71.321bn for 3.759 million customers in September 2024, up from EGP 49.653bn for 3.824 million customers in…
Banque Misr reports profit before tax of EGP 70.1bn in H1 2024
Banque Misr achieved a profit before income taxes of EGP 70.142bn in June 2024, compared to EGP 38.096bn in June 2023. The financial statements revealed a net profit of EGP…
