Standard Bank to launch representative office in Egypt on 12 November
Standard Bank Group, Africa’s largest financial institution by assets, announced that it will officially launch its Representative Office in Egypt on 12 November 2025, marking a significant milestone in the Group’s strategy to deepen its engagement across North Africa and
HSBC Egypt hosts third China Corridor Forum to strengthen bilateral trade, investment
For the third consecutive year, HSBC Egypt has hosted its China Corridor Forum at the bank’s Head Office in Cairo, welcoming more than 100 Chinese corporates, policymakers, and financial experts to discuss the evolving China–Egypt economic relationship and prospects for
Egypt ranks among top 10 countries for certified project managers worldwide
Egypt has emerged as a global leader in project management, ranking 7th worldwide in the number of certified project management professionals, according to the Project Management Institute (PMI). With nearly 30,000 PMI-certified practitioners across industries, Egypt now represents one of
Arcius to acquire Egypt’s Harmattan gas field, strengthening Eastern Mediterranean portfolio
Arcius has signed a binding agreement to acquire the Harmattan gas and condensate field in Egypt’s Eastern Mediterranean waters, pending final regulatory approvals. The offshore field lies approximately 2.5 kilometres north of Ras El-Barr in Damietta and will be developed
Egypt’s cabinet approves automatic registration for universal health insurance
Egypt’s cabinet on Wednesday approved a decision to automatically register vulnerable citizens in the country’s universal health insurance system, removing the need for them to take any action to benefit from the services. The automatic registration mechanism will apply to
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, Lebanon sign MoUs to enhance economic, development cooperation
Egypt and Lebanon have signed several memoranda of understanding (MoUs) to strengthen cooperation and exchange expertise in economic and development policy-making, including two MoUs with Egypt’s Ministry of Planning and its affiliated Institute of National Planning (INP). The signings took
SCZONE signs agreement with S. Korea’s H&L for ready-made garments factory in West Qantara with $12m investment
The Suez Canal Economic Zone (SCZONE) signed on Tuesday a contract with H&L Egypt Apparel, a subsidiary of South Korea’s H&L Group, to establish a ready-made and sports garments factory in the West Qantara Industrial Zone with investments totaling $12m
GCF approves $50m for climate-tech investments in Egypt
Egypt’s Acting Environment Minister, Manal Awad, announced that the Green Climate Fund (GCF) Board has approved $50m for climate-tech investments in Egypt. This funding is part of the Novastar Investment Fund III, a $200m equity venture aimed at mobilizing climate-related
Egypt launches new cancer pharmaceuticals sector to boost drug industry localization
Egypt’s Health Minister Khaled Abdel Ghaffar announced on Tuesday the launch of the new Eva Pharma Oncology and Hematology Division, marking a significant milestone in the country’s efforts to localize advanced pharmaceutical manufacturing and enhance national health security. Speaking at