Banks’ aggregate financial position in Egypt rises to EGP 25.37trn in September 2025
The Central Bank of Egypt (CBE) said the aggregate financial position of banks operating in the local market—excluding the central bank—rose to EGP 25.366trn in September 2025, compared with EGP…
US military hits Caracas as Trump says President Maduro taken into custody
US President Donald Trump said on Saturday that US forces have captured Venezuelan President Nicolas Maduro and his wife, Cilia Flores, following what he described as "successful and large-scale" military…
TMG to launch post-AI project and begin Noor city deliveries in 2026
Talaat Moustafa Group (TMG) is set to launch "The Spine", a 2.4 million square metre project in East Cairo utilizingpost-artificial intelligence technologies, and will commence deliveries of the first phase…
From Niche to National Asset: Inside the Egyptian Golf Federation’s Institutional Rebirth
On the manicured fairways of Madinaty, players from 35 different countries gathered this autumn for the return of the Egyptian Open for Professionals. For the local golf community, the event…
MSMEDA expands marketing support for SMEs: Rahmy
Basil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), reaffirmed the agency’s commitment to providing strong marketing support to small and medium-sized enterprise owners by facilitating…
GlobalCorp issues eighth securitization bond worth EGP 2.5bn
GlobalCorp Financial Services has successfully completed its eighth securitization bond issuance, valued at EGP 2.5bn, following approval from Egypt’s Financial Regulatory Authority (FRA). The transaction falls under the company’s second…
Egypt, Sudan move to deepen industrial, trade cooperation
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Sudan’s Minister of Industry and Trade, Mahasin Ali Yaqoub, and her accompanying delegation…
Valero Developments partners with KAD to strengthen project management, operational performance
Valero Developments has entered into a strategic cooperation agreement with KAD Commercial Property Management to enhance the operational performance of its projects and support their long-term investment value. The agreement…
Egypt moves to deepen local manufacturing, cut textile imports
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held a meeting with Minister of Public Enterprises Sector Mohamed El-Shimy and a group of manufacturers…
ECS, Expolink explore stronger cooperation to boost Egyptian exports
Head of the Egyptian Commercial Service (ECS), Abdel Aziz El-Sherif, received Mohamed Kassem, Chairperson of the Egyptian Exporters Association (Expolink), along with several members of the association’s board, to discuss…