FRA comprehensively updates real estate valuation standards after 11 years
The Financial Regulatory Authority (FRA) has issued the second edition of the Egyptian Real Estate Valuation Standards, more than 11 years after the first edition, in a new step aimed…
Al-Sisi calls for expanded concessional BRICS financing, says Egypt seeks presidency
Egypt's President Abdel Fattah Al-Sisi called on BRICS leaders to expand access to innovative and concessional financing and strengthen the New Development Bank, while saying Egypt was looking to assume…
BRICS leaders adopt New Delhi Declaration calling for UN Security Council overhaul and local currency trade
BRICS leaders adopted the consensus "New Delhi Declaration" on Saturday, calling for a structural update of the United Nations Security Council and an increased reliance on local currencies for intra-bloc…
Egypt, Arab, African aviation officials discuss boosting cooperation at EIAS 2026
Egypt’s Minister of Civil Aviation Sameh El-Hefny held a series of bilateral meetings with transport and aviation ministers and heads of civil aviation authorities from several Arab and African countries…
FRA requires MSME, consumer finance providers to establish real-time connectivity with iScore
The Financial Regulatory Authority (FRA) has issued two decisions requiring companies and entities operating in consumer finance and medium, small and micro enterprise (MSME) financing to establish real-time connectivity with…
Industry minister meets furniture manufacturers, designers to boost sector competitiveness
Egypt’s Minister of Industry Khaled Hashem has held an expanded meeting with furniture manufacturers, designers, and producers of industry inputs to discuss the sector’s challenges and requirements and explore ways…
Suez Canal Bank supports economic empowerment of small-scale fishermen
Suez Canal Bank has partnered with Sonaa El Kheir Foundation to implement the “Marakeb Rezk” initiative in Kebrit El Mafarek Village in Suez Governorate. The initiative aims to provide 50…
United Bank launches range of savings, investment products
United Bank has launched a new range of savings and investment products, as well as Sharia-compliant sukuk, offering customers a variety of returns and payment frequencies. The bank has been…
Banque du Caire raises returns on Mega Savings, Daily Current Account
Banque du Caire has raised interest rates on several of its savings products as part of its strategy to enhance the competitiveness of its products and provide flexible savings solutions.…
IDB, Urban Development Fund sign protocol to expand homeownership financing
The Industrial Development Bank (IDB) and the Urban Development Fund (UDF) have signed a cooperation protocol covering the sale of units in urban development projects in governorates’ capitals and major…