CBE hosts seminar on regulatory developments with African central banks
The Central Bank of Egypt (CBE) recently organized a seminar on “Current and Emerging Regulatory Developments”, attended by representatives from approximately 23 African central banks, members of the Association of African Central Banks (AACB). The event underscores Egypt’s leading role
Sovereignty and synergy: Egypt maps a new path for African integration
In the quiet corners of the Russian-African Ministerial Conference this weekend, the traditional image of Egyptian diplomacy—often focused narrow-mindedly on the Nile—gave way to something far more expansive. Whether discussing renewable energy tenders in South Africa or the first shipment
Remittances from Egyptians abroad hit $33.9bn in 10M of 2025: CBE
Remittances from Egyptians working abroad recorded unprecedented inflows during the first 10 months of 2025, reaching approximately $33.9bn, compared with around $23.7bn in the same period of the previous year, the Central Bank of Egypt (CBE) announced on Sunday. On
India’s Taj brand enters Egypt to operate Cairo’s historic Continental Hotel
India’s Taj Hotels will enter the Egyptian market for the first time to manage and operate Cairo’s historic Continental Hotel under an agreement signed on Sunday, marking a strategic step to revive the 19th-century landmark. The contract was signed at
MADKOUR Developments enters Egyptian market with first project in New Capital
Building on the extensive experience of MADKOUR Holding in delivering national infrastructure projects, MADKOUR Developments has officially entered Egypt’s real estate market with the launch of its first project in the New Administrative Capital, aligning with the state’s broader urban
Al-Sisi meets Kurdistan Region PM Barzani, reaffirms support for Iraq’s unity
Egyptian President Abdel Fattah Al-Sisi met on Sunday with Masrour Barzani, Prime Minister of Iraq’s Kurdistan Region, to discuss reinforcing Iraq’s unity and expanding bilateral economic cooperation, according to a presidential statement. During the meeting, Al-Sisi reiterated Egypt’s full support
Housing Ministry receives 6,863 applications to legalize land status in New Sphinx City
Egypt’s Minister of Housing, Utilities and Urban Communities, Sherif El-Sherbiny, visited New Sphinx City following a tour of Sheikh Zayed City to review ongoing and planned development projects spanning approximately 85,000 feddans. During his visit, El-Sherbiny chaired a meeting at
Egypt’s urban inflation eases to 12.3% in November as food price pressures subside: CBE
Annual urban headline inflation in Egypt eased slightly to 12.3% in November 2025, down from 12.5% in October, according to the Central Bank of Egypt (CBE). The moderation was mainly driven by a slowdown in food price inflation, which declined
Al-Sisi, Russia’s Lavrov discuss Gaza, Ukraine, and key bilateral projects
Egyptian President Abdel Fattah Al-Sisi met with Russian Foreign Minister Sergei Lavrov on Saturday to review bilateral relations and exchange views on pressing regional and international issues, including the situation in Gaza, developments in Libya and Sudan, and the Russia-Ukraine
Egypt’s Prime Minister orders advanced tech overhaul of Cairo airport on Al-Sisi’s instructions
Egypt’s Prime Minister Mostafa Madbouly has announced the implementation of advanced operating systems at Cairo International Airport, following strict instructions from President Abdel Fattah Al-Sisi to integrate the latest navigation and ground operation technologies. Speaking during an extensive inspection of