Banque Misr signs EGP 300m contract with MSMEDA to fund 3,000 micro-projects
Ahmed Issa, Deputy CEO of Banque Misr, and Basel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), have signed a contract worth EGP 300m to support micro-projects focused on development and expansion. The agreement aims to
Al-Sisi, Dominguez discuss strengthening Egypt-IMO cooperation on maritime, environmental initiatives
Egypt’s President Abdel Fattah Al-Sisi met on Tuesday with Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO), to explore enhanced collaboration between Egypt and the IMO. The two leaders reaffirmed their commitment to deepening Egypt’s engagement in the IMO’s
Egypt to enhance Cairo Airport capacity to 40 million passengers with service upgrades
Minister of Civil Aviation Sameh El-Hefny recently outlined the ongoing efforts to modernize Egypt’s airspace, which includes the implementation of international standards aimed at attracting more air traffic and renewing radar networks. El-Hefny detailed ambitious expansion plans to increase Cairo
Egypt’s Al-Mashat, EBRD’s Davis discuss development cooperation, future projects
Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation and Egypt’s Governor at the European Bank for Reconstruction and Development (EBRD), met with Mark Davis, the EBRD’s new Regional Director for the Southern and Eastern Mediterranean Region. Davis succeeds
Egypt, Nigeria agree to strengthen agricultural cooperation
Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, met with Abubakar Kyari, Nigeria’s Minister of Agriculture and Food Security, to discuss ways to deepen agricultural cooperation between the two countries. The meeting, which was also attended by Mustafa Al-Sayyad,
Egypt facilitates passage of humanitarian aid trucks into Gaza
Egypt has facilitated the entry of dozens of humanitarian aid trucks into Gaza, as logistical and medical preparations intensify to receive injured Palestinians. On Monday alone, 180 aid trucks and 8 fuel tankers passed through the Al-Auja and Kerm Abu
5th WEPEX to boost Egypt-Kenya trade relations in September
Twenty-five leading Egyptian companies are gearing up to participate in the 5th Water, Electricity, and Power Exhibition (WEPEX), scheduled to take place in Kenya this September. The event, organized by 2Art Fairs for Event and Exhibitions in collaboration with IkapaMedia
Egypt, UN back Lebanon’s new government amid hopes for stability
Egyptian Prime Minister Mostafa Madbouly and UN Secretary-General António Guterres have expressed support for Lebanon’s newly appointed Prime Minister, Nawaf Salam, amid a wave of optimism for the country’s future. In a phone call on Sunday, Madbouly congratulated Salam on
Egypt sets new minimum capital requirements for insurers
The Board of Directors of Egypt’s Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decree No. 196 of 2024, setting new minimum capital requirements for insurance companies. The decree implements provisions of the Unified Insurance Law issued in
Foreign Minister Abdelatty promotes Egypt’s green energy strategy in Brussels
Egyptian Foreign Minister Badr Abdelatty met with Wim Dhont, offshore cable manager at the Belgian company Jan De Nul, on Sunday, to discuss grid connection projects and renewable energy cooperation. The meeting took place at the start of Abdelatty’s visit