Jordanian Minister of Agriculture Visits Egyptian Arabian Horse Farm
Jordanian Minister of Agriculture Khaled Hneifat visited an Egyptian farm of original Arabian horses during a trip to Egypt. The visit was part of his participation in meetings of the Egypt-Jordan Agricultural Technical Committee. During the visit, Hneifat met with
AUIEC to launch Arab Industries Exhibition 2025 in Iraq
The Arab Union for International Exhibitions and Conferences (AUIEC) announced during its recent meeting in Cairo the launch of a major exhibition for Arab industries, set to take place in Iraq in 2025. This initiative underscores the Union’s dedication to
STIO Life Science invests EGP 400m to localize Egypt’s pharmaceutical industry
Amr Abdel Razek, Chairperson of STIO Life Science (SLS), announced that the company has invested EGP 400m in the Egyptian market during 2023/2024. These funds have been directed toward development initiatives and securing the necessary business licenses. Abdel Razek highlighted
Egyptian investments in Africa surpass $14bn: FM
Badr Abdelatty, Egypt’s Minister of Foreign Affairs, participated in the Egypt-Gabon Business Forum held in Libreville, the capital of Gabon. The event brought together Gabonese President Ali Bongo Ondimba, seven key Gabonese government ministers—including those responsible for Foreign Affairs, Public
PM Madbouly tours Mahalla’s Spinning, Weaving factories to boost textile production
Prime Minister Mostafa Madbouly visited Mahalla al-Kubra on Saturday to inspect the Misr Spinning and Weaving Company, part of the Cotton, Spinning, Weaving, and Ready-Made Garments Holding Company under the Ministry of Public Enterprise Sector. The visit underscored the government’s
CBE mandates simplified forms for banking expenses, commissions in customer contracts
The Central Bank of Egypt (CBE) has issued a directive mandating banks to include simplified forms in contracts for banking products and services. These forms, provided as appendices, will outline the essential details of the offered products or services, including
Zambia, Saudi Arabia sign debt restructuring deal
Zambia and Saudi Arabia have formalised a debt restructuring agreement to reschedule more than $130m of Zambia’s debt to the Arab nation, according to DNE Africa. The agreement was signed on Thursday in Lusaka by Zambian Minister of Finance and
Al-Sisi urges continued efforts to modernize Egypt’s education system
Egyptian President Abdel Fattah Al-Sisi has emphasized the importance of ongoing reforms to modernize the country’s educational system, aiming to enhance the quality of both the educational process and its key components—students, teachers, and digital infrastructure. The directive was issued
CBE hosts seminar on supervisory frameworks, risk management with 110 participants from African central banks
In line with Egypt’s ongoing commitment to supporting African nations, particularly in the economic and banking sectors, the Central Bank of Egypt (CBE) recently organized a virtual seminar titled “Effective Supervision: Building Supervisory Frameworks and Risk Management.” The two-day seminar
CIB leads syndicated loan of EGP 9bn for Madinet Masr in partnership with 6 banks
The Commercial International Bank—Egypt (CIB), acting as the lead arranger and financier, has successfully arranged a syndicated loan worth EGP 9bn for Madinet Masr Housing and Development Company, a key player in Egypt’s real estate sector. This loan, which spans