Global rating agencies begin upgrading Egypt’s economic outlook: Finance Minister
Egypt’s Minister of Finance, Ahmed Kouchouk, announced that Standard & Poor’s (S&P) has upgraded Egypt’s credit rating from “B–” to “B” for the first time in seven years, maintaining a stable outlook. The move, along with Fitch Ratings’ decision to
Egypt’s Health Minister showcases Women’s Health Initiative at Berlin Innovation Forum
Egypt’s Deputy Prime Minister and Minister of Health, Khaled Abdel Ghaffar, participated in the Innovation and Equity in Women’s Health Forum, held alongside the World Health Summit and the German Medical Industry Association Conference in Berlin from 12 to 14
Al Arabia Co. for Aluminum targets over 10,000 tonnes in annual exports
Al Arabia Company for Manufacturing and Painting Aluminum has announced a new strategy aimed at increasing its annual exports to more than 10,000 tonnes. The move follows the company’s successful restructuring and transformation into an integrated industrial complex, equipped with
Displaced Palestinians return to Gaza as Egypt prepares for Sharm El-Sheikh Peace Summit
Hundreds of thousands of displaced Palestinians began returning to Gaza City and northern parts of the enclave on Saturday — the second day of a ceasefire taking effect under US President Donald Trump’s plan, brokered by Egypt and Qatar ahead
PM Madbouly inspects key development, service projects in Qalyubeya
Prime Minister Mostafa Madbouly conducted a field tour in Qalyubeya on Saturday to inspect a series of ongoing development and service projects across multiple sectors, including housing, education, health, and industry. Madbouly said this visit, his second to the governorate
CBE launches Banking Reform, Development Fund
As part of its ongoing efforts to advance Egypt’s banking sector in line with international best practices, the Central Bank of Egypt (CBE) has announced the launch of the Banking Reform and Development Fund, along with the formation of its
Egyptian PhD researcher honoured in Rome for eco-friendly wastewater innovation
Egyptian researcher Shimaa Farag, a PhD candidate at the American University in Cairo (AUC), has won the Giovani Talenti Dall’Africa (Young Talents from Africa) Prize for her pioneering research introducing an eco-friendly, enzyme-based strategy for wastewater treatment in Egypt. She
Al-Sisi, Cypriot president discuss Gaza ceasefire deal, bilateral cooperation
Egypt’s President Abdel Fattah Al-Sisi received a phone call on Saturday from Cypriot President Nikos Christodoulides to discuss recent developments in the Middle East, particularly the ceasefire agreement reached in Sharm El-Sheikh aimed at ending the war in the Gaza
France’s Lecornu reappointed prime minister days after resigning
French President Emmanuel Macron on Friday reappointed Sébastien Lecornu as prime minister and tasked him with forming a new government, in a high-stakes bid to end weeks of political crisis and pass a crucial budget for 2026. The move came
saib participates in EGP 2.1bn syndicated loan for Tameer Developments’ Azad Views project
Saib Bank has joined a consortium of banks to arrange and underwrite a syndicated loan worth EGP 2.1bn for Tameer Real Estate Developments, aimed at financing part of the investment cost for the second and third phases of the company’s