CBE Governor leads Egypt’s delegation at G20 Finance Ministers, Central Bank Governors’ meeting in South Africa
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), led Egypt’s delegation at the first 2025 meeting of the G20 Finance Ministers and Central Bank Governors, held in South…
Banque du Caire signs EGP 750m loan agreement to fund Hyde Park’s Garden Residence project
Banque du Caire has signed a medium-term financing agreement worth EGP 750m with Hyde Park Developments to support the construction of "Garden Residence," part of the developer’s Phase 22 project…
China’s Di Seta launches $40m garment accessories project in Egypt’s SCZone
A groundbreaking ceremony was held on Sunday for the first phase of Chinese company Di Seta's garment accessories and ready-to-wear clothing project in the Qantara West Industrial Zone. The project,…
Madbouly oversees Egypt’s digital transformation, focuses on streamlining services
Prime Minister Mostafa Madbouly convened a meeting Sunday to review the progress made in implementing Egypt's national digital transformation objectives. During the meeting, Madbouly emphasized the government's commitment to delivering…
Damietta Alliance begins superstructure works at Tahya Misr 1 container terminal
The Ministry of Transport has announced that Damietta Alliance has commenced superstructure works at the Tahya Misr 1 Container Terminal in Damietta Port. As part of the terminal's development, the…
Hamas: ‘Complete flexibility’ to reach Gaza deal 2nd phase
"We are demonstrating complete flexibility to reach the second phase of the Gaza agreement while upholding all of its terms," said Taher El-Nounou, media advisor to the head of Hamas's…
France condemns violence against civilians in Syria; 745 reported killed
France condemned violence in Syria on Saturday targeting "civilians because of their faith, and prisoners," amid reports that hundreds of Alawites have been killed in recent days. The Alawites are…
CIB’s Hisham Ezz Al-Arab receives Global Finance Lifetime Achievement Award
Global Finance has awarded Hisham Ezz Al-Arab, Chairperson and CEO of Egypt’s Commercial International Bank (CIB), its Lifetime Achievement Award. The award is the publication’s highest individual honour. Joseph D.…
ECA hosts EU delegation to discuss national competition strategy
The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors.…
Gold prices surge 1.8% over past week: Gold Bullion
Gold prices declined on Friday, yet the precious metal achieved gains over the past week due to safe-haven inflows and a US jobs report revealing lower-than-expected job growth in February.…
