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…
NBE achieves EGP 43.5bn profit before tax in Q1 2024
The National Bank of Egypt (NBE) reported a significant increase in profits before tax, reaching EGP 43.550bn in the first quarter (Q1) of 2024, compared to EGP 17.531bn in the…
CBE assets rise to EGP 6.213tn in October
The Central Bank of Egypt (CBE) has reported an increase in its total assets, which reached EGP 6.213tn in October 2024, up from EGP 6.090tn in September 2024. According to…
Foreign assets in Egyptian banking sector reach $9.2bn in October 2024: CBE
The Central Bank of Egypt (CBE) has announced that the Egyptian banking system's net foreign assets achieved a surplus of $9.2bn in October 2024, equivalent to EGP 450.861bn, compared to…
