Suez Canal facilitates unconventional transit of ADMARINE260 Rig
The Suez Canal successfully facilitated the transit of the ADMARINE260 rig on Saturday, employing a non-standard towing and piloting procedure. The Liberian-flagged rig, measuring 45 metres long and 48 metres…
Al-Wazir urges increased investment, development of industrial zones in Kafr El-Sheikh
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, met with manufacturers in Kafr El-Sheikh to address industry challenges and explore solutions to enhance investment…
CBE to offer a $1bn treasury bill tender on Monday
The Central Bank of Egypt (CBE) will offer a $1bn local treasury bill tender on Monday. The proceeds of this tender will be directed to pay the maturity of a…
PM Madbouly meets Emirati ministers to review joint Egypt-UAE projects
Prime Minister Mostafa Madbouly held a high-level meeting on Sunday to assess the progress of joint projects between Egypt and the UAE. The meeting was attended by Vice Prime Minister…
MSMEDA injects over EGP 500m into MSME financing in January 2025: CEO
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) provided over EGP 500m in financing for MSMEs in January 2025, in collaboration with leading banks and financial institutions, alongside direct…
Farid emphasises strengthening non-bank financial sector resilience
Egypt's Financial Regulatory Authority (FRA) Chairperson Mohamed Farid stressed the importance of bolstering the resilience of non-bank financial institutions against various shocks, calling it a key objective for all regulatory…
Egypt holds ministerial meeting to coordinate medical support for Gaza injuries
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, chaired the inaugural meeting of the Executive Committee for Receiving Palestinian Injured, aiming to enhance coordination between…
Gazans endure dire humanitarian conditions amid talks on 2nd phase of ceasefire
As the ceasefire in Gaza enters its 15th day, thousands of residents continue to endure an escalating humanitarian crisis. Tens of thousands remain without shelter or basic necessities, particularly in…
Financing costs to decline gradually as inflation eases: Finance Minister
Minister of Finance Ahmed Kouchouk has reaffirmed the government’s commitment to strengthening collaboration with the private sector to leverage its expertise in driving economic reform and growth. “Our financial priorities…
Jawad Developments unveils Hayah Residence in 6th of October City with EGP 5bn sales target
Jawad Developments has launched its latest project, Hayah Residence, in 6th of October City, West Cairo. Spanning 42,000 sqm, the development is strategically situated on Al-Wahat Road, adjacent to MSA…
