IMF praises Egypt’s notable progress on investment, trade reforms
The International Monetary Fund (IMF) mission, currently in Cairo to conduct the fifth and sixth reviews of Egypt’s Extended Fund Facility programme, has commended the substantial progress achieved in the
Al-Sisi reviews expansion of Japanese school model in Egypt
Egyptian President Abdel Fattah Al-Sisi met on Saturday with a delegation of Japanese education experts to discuss enhancing cooperation on the Japanese school model in Egypt, praising Japan’s disciplined and
Eight Arab, Muslim states reject any displacement of Palestinians
Eight Arab and Muslim countries–Egypt, Saudi Arabia, Qatar, Jordan, the UAE, Türkiye, Pakistan, and Indonesia–expressed concern over Israeli statements suggesting that the Rafah crossing could be used unilaterally to move
Egypt launches National Health Compact to expand access to quality care
Egypt has joined 14 other countries in launching a National Health Compact, marking a major step toward expanding access to quality and affordable healthcare for millions of citizens. The initiative
United Bank to roll out specialised healthcare financing packages, including green financing: Kashmiry
Nevine Kashmiry, Deputy Managing Director for Business Sectors at United Bank, announced that the bank is preparing to introduce a suite of specialised financing products tailored to the healthcare sector.
UNIDO, partners expand Egypt’s Circular ICT Initiative, unveil new partnership strategy
The United Nations Industrial Development Organization (UNIDO), the Delegation of the European Union to Egypt, the government of Finland, and the Egyptian ministry of industry, together with major technology partners
Egypt-Greece trade hits $2bn: GAFI
Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI), announced that economic relations between Egypt and Greece continue to strengthen, with bilateral trade reaching approximately
CIB named Egypt’s Bank of the Year 2025 as factoring portfolio hits EGP 4bn
Commercial International Bank (CIB) has secured The Banker’s Bank of the Year 2025 award for Egypt, cited for the rapid expansion of its factoring subsidiary and the broadening of its
Egypt, Volkswagen discuss multi-stage plan to localise car manufacturing
Egypt’s Vice Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held a virtual meeting with Thomas Schäfer, CEO of the Volkswagen brand and member of
Petroleum minister, AngloGold Ashanti discuss expanded investments in Egypt
Minister of Petroleum and Mineral Resources Karim Badawi held a meeting in London with Hoda Mansour, Managing Director and Vice Chairperson of Sukari Gold Mines, representing global mining leader AngloGold