Egypt’s Banque Misr expands into East Africa with new Djibouti subsidiary
Banque Misr has officially inaugurated Banque Misr Djibouti, marking its first Egyptian state-owned banking subsidiary in East Africa. The inauguration ceremony was attended by Hisham Okasha, Chairperson and CEO of Banque Misr; Abdoulkader Kamil Mohamed, Prime Minister of Djibouti; Abdelrahman
Egypt, Djibouti emphasise Red Sea security, Somalia stability, discuss port link
Egyptian and Djiboutian foreign ministers held political consultations Sunday, focusing on strengthening bilateral relations, including a potential link between Egyptian ports and Djibouti. The meeting followed a separate discussion earlier in the day between Egyptian President Abdel Fattah Al-Sisi and
No justification for Red Sea escalation after Gaza ceasefire: Egypt’s Abdelatty
Egyptian Foreign Minister Badr Abdelatty said Sunday there is no justification for escalation in the Red Sea region following the successful ceasefire agreement in Gaza. Egyptian efforts continue to implement the agreement’s stages, including the exchange of detainees and prisoners,
CBE conducts training programme for calibres from Djibouti’s central bank
The Central Bank of Egypt (CBE) conducted a training programme for calibres from the Central Bank of Djibouti (CBD) covering the latest operational systems employed in key areas, including the International Transactions Reporting System (ITRS) in Egypt – a primary
Egypt and Djibouti sign agreement to build solar power plant
Egypt and Djibouti signed a bilateral agreement and an executive contract on Tuesday for the construction of a 276.5 kilowatt solar power plant in Djibouti. The agreement, signed via video conference, marks a significant step in the ongoing collaboration between
Egypt, Djibouti strengthen cooperation in energy sector – Dailynewsegypt
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Essmat, received his counterpart from Djibouti, Yonis Ali Guedi, Minister of Energy and Natural Resources, on Saturday, to discuss ways to strengthen cooperation between the two countries in the electricity and renewable