CBE launches annual Women’s Financial Inclusion Event
As part of its commitment to enhancing women’s access to formal financial services, the Central Bank of Egypt (CBE) has launched the annual “Women’s Financial Inclusion Event.” The event, which runs from March 8—coinciding with International Women’s Day—until the end
Petrojet’s business volume to reach EGP 215bn by 2028
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, underscored Petrojet’s pivotal role in executing large-scale energy and infrastructure projects both in Egypt and internationally. Speaking at the company’s general assembly meeting, Walid Lotfy, Chairperson of Petrojet, announced that the
IDG expands industrial, logistics projects
Industrial Development Group (IDG), a leader in developing, operating, and managing advanced industrial zones in Egypt, has unveiled an ambitious expansion strategy to solidify its role as a key driver of economic growth in Egypt and Africa. The company’s plan
Budget deficit inches down, primary surplus hits 20-year high
Egypt’s overall budget deficit narrowed slightly in the first six months of the fiscal year, while the primary surplus rose to about EGP 230bn, its highest level in 20 years. The Ministry of Finance’s monthly report, issued on Tuesday,
Egypt advances human development strategy with emphasis on health, education
Khaled Abdel Ghaffar, Egypt’s Deputy Prime Minister and Minister of Health and Population, recently chaired the third meeting of the High Advisory Committee for Human Development, as part of the country’s ongoing efforts to enhance human development in alignment with
Israel continues airstrikes on Gaza as ceasefire talks stall
As Israel’s renewed military operations in Gaza enter their eighth day, Israeli occupation army has maintained intense airstrikes and artillery shelling across the enclave while enforcing a strict blockade and closing all border crossings, halting humanitarian aid convoys. On Tuesday,
Ministers of Industry, Investment discuss advancing Egypt’s iron, steel sector
Kamel Al-Wazir, Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, and Hassan El-Khatib, Minister of Investment and Foreign Trade, recently met with Ayman El-Ashry, President of the Cairo Chamber of Commerce and Chairperson of Ashry
Housing Minister discusses strategic collaboration with HDB on upcoming projects
Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, recently met with Hassan Ghanem, CEO and Managing Director of the Housing and Development Bank (HDB), alongside other bank officials, to discuss key areas of collaboration between the ministry and the
WE, CIB forge strategic partnership to deliver cutting-edge digital financial services
Egyptian telecommunications and IT services provider WE has entered into a strategic partnership with the Commercial International Bank (CIB), Egypt’s largest private-sector bank, through the signing of a memorandum of understanding. This collaboration is set to redefine how WE customers
Egyptian Parliament approves EBRD expansion into Sub-Saharan Africa and Iraq
The Egyptian House of Representatives has approved an amendment to the European Bank for Reconstruction and Development’s (EBRD) establishment agreement, paving the way for the bank to expand its operations into sub-Saharan Africa and Iraq. The decision, ratified during a