Shell Egypt underscores commitment to Egypt’s energy future at EGYPES 2025
Shell Egypt will participate as a partner in the Egypt Energy Show (EGYPES) 2025, the largest energy conference and exhibition across Egypt, North Africa, and the Mediterranean. The conference, held under the auspices of President Abdel Fattah Al-Sisi and Minister
CIB outlines a 13-goal strategy for the next 50 Years
After fifty years in the Egyptian market, the Commercial International Bank (CIB) is aiming to solidify its position as a leading banking institution both in Egypt and the broader region with a comprehensive strategy built on innovation, sustainability, and a
Egyptian Prime Minister attends African Union Summit, reaffirms support for APRM
Prime Minister Mostafa Medbouly represented Egypt at the opening session of the 38th Ordinary Session of the African Union (AU) Summit, held in Addis Ababa, Ethiopia on February 15th and 16th. The Prime Minister attended on behalf of President Abdel
Egyptian Foreign Minister Meets with EU Commissioner for Environment, Water, Circular Economy
Badr Abdelatty, Minister of Foreign Affairs, met with Jessika Roswall, European Commissioner for Environment, Water, and Competitive Circular Economy, on Friday, 14 February, during the Munich Security Conference. Abdelatty expressed his welcome for the enhanced relations between Egypt and
PwC experts highlight key tax policy changes, compliance trends in Egypt
PwC Middle East successfully concluded its annual Tax and Legal Roadshow in Egypt on 13 February 2025, bringing together senior Tax Authority officials, industry experts, and business leaders to discuss the country’s evolving tax landscape. The seminar provided a platform
Türkiye prioritizes Egypt as key hub for textile manufacturing, investment: Ambassador
Turkish Ambassador to Cairo, Salih Mutlu Şen, highlighted Türkiye’s continued interest in Egypt’s textile sector, emphasizing the vital role of spinning, weaving, and garment manufacturing in bolstering trade and economic cooperation between the two nations. The ambassador’s remarks came at
Arkan Palm, CIB partner to develop 16,000 sqm headquarters in Sheikh Zayed’s Financial District
Arkan Palm for Real Estate Development, a subsidiary of Badr El Din Group, has signed an agreement with Commercial International Bank (CIB) to allocate 16,000 square meters in the Financial District of Project 205 in Sheikh Zayed for the bank’s
Egypt’s Finance Minister calls for fairer global policies to support emerging economies
Ahmed Kouchouk, Egypt’s Minister of Finance, has urged international financial institutions to adopt more balanced and supportive policies for emerging economies. He emphasized the need for expanded multilateral financing tools to drive sustainable development and enhance resilience against global economic
Gold declines as high interest rates dampen appeal
Global gold prices fell for the second consecutive day after reaching a record high, pressured by rising US Treasury yields and Federal Reserve Chairperson Jerome Powell’s hawkish stance on interest rates. Investors now await key US inflation data for further
CIB signs EGP 1.8bn financing agreement with CRC for Solana project in New Zayed
Commercial International Bank (CIB), Egypt’s leading private-sector bank, has signed a financing agreement with Construction and Reconstruction Engineering Co. (CRC), a Class A certified general contractor affiliated with Dorra Group, to fund the construction of the upcoming Solana project in