Kiwe secures final CBE approval to launch social-centric fintech platform
Kiwe, the home-grown fintech startup designed around how people use money today, has received final approval from the Central Bank of Egypt (CBE) to launch its application and card in the Egyptian market. The milestone signals the arrival of a
Egypt ends shop closure rules, eyes solar incentives as US-Israeli-Iranian” crisis weighs on regional growth
Egypt has lifted an 11 p.m. mandatory closing time for public shops, commercial centres, and restaurants, and will launch a solar energy incentive initiative for homes and factories, the government announced following a crisis management meeting addressing the economic fallout
Al-Sisi approves Galala development plan, orders tourism, trade expansion
Egyptian President Abdel Fattah Al-Sisi has approved a comprehensive four-year development plan for Galala City on Egypt’s Red Sea coast, aimed at transforming the area into an integrated hub for tourism, trade, and economic activity. According to the presidency, Al-Sisi
Zhour Developments launches EGP 10bn FioRI compound in west Cairo
Zhour Developments has announced the launch of FioRI compound, a mixed-use residential project in west Cairo, with total investments exceeding EGP 10bn. The project reflects continued expansion in west Cairo, an area that has attracted increasing real estate activity in
Egypt steps up field, digital oversight to enhance healthcare services
Egypt is intensifying field inspections and expanding digital oversight of healthcare facilities as part of efforts to improve service quality and operational efficiency nationwide, the Ministry of Health said. In a statement, the ministry said Health Minister Khaled Abdel Ghaffar
Egypt’s Doorknock Mission in Washington: Investment prospects amid regional turmoil
The American Chamber of Commerce (AmCham) in Egypt has wrapped up its 43rd “Doorknock Mission” to Washington, concluding a week of high-level meetings that delivered both economic and political signals at a time of regional upheaval. Over the course of
Egypt courts German tour operators with strategic push to boost inbound tourism
Minister of Tourism and Antiquities Sherif Fathy held talks with Albin Loidl, President of the German Travel Association (DRV), alongside senior DRV official Volker Adams and a delegation of leading German tour operator executives, during a meeting at the Giza
Egypt’s FRA grants 6 temporary licences to healthcare administrators under new insurance law
Egypt’s Financial Regulatory Authority (FRA) has granted temporary operating licences to six healthcare third-party administrator (TPA) companies, as the regulator begins enforcing the country’s new Unified Insurance Law, the authority’s chairperson said. The announcement came during an extended meeting held
MSMEDA channels EGP 939m into Sinai to fund SMEs, create 25,000 jobs
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has injected EGP 939.4m into North and South Sinai between 2014 and 2025, financing nearly 10,000 projects and generating around 25,000 job opportunities. Of the total funding, EGP 23m was allocated
Egypt showcases ‘Masdar’ platform at UN forum to enhance development financing decisions
Egypt’s Ministry of Planning and Economic Development has highlighted its “Masdar” platform as a key tool for improving decision-making and directing financing towards priority sectors, during its participation in the United Nations Economic and Social Council Forum on Financing for