Suez Canal Bank joins Partnership for Carbon Accounting Financials
Suez Canal Bank has officially joined the Partnership for Carbon Accounting Financials (PCAF), a global initiative comprising more than 700 financial institutions across six continents, aimed at standardising the measurement and disclosure of financed emissions arising from lending and investment
GAFI hosts Canadian business delegation to explore investment opportunities
The General Authority for Investment and Free Zones (GAFI) hosted a delegation of Canadian business leaders from the Canada–Egypt Business Council (CEBC) to explore investment opportunities and strengthen economic cooperation between Egypt and Canada. During the meeting, GAFI delivered a
UAE ranks among top 10 markets for Egyptian processed food exports, reaching $196m
The United Arab Emirates (UAE) has emerged as one of the top 10 export destinations for Egyptian processed food products, with exports valued at $196m in 2024, reflecting the growing presence and competitiveness of Egyptian food manufacturers in Gulf markets,
Polaris Parks expands footprint in Sadat City with 1.1 million sqm land acquisition
Polaris Parks for Industrial Development, a leading developer of industrial parks in Egypt, has announced the acquisition of a new 1.1 million square metre land plot in a strategic location in Sadat City. The expansion is expected to attract direct
Arab Puppetry Forum concludes in Cairo following multi-year hiatus
The return of the Arab Puppetry and Dolls Forum to Cairo after a multi-year hiatus confirms Egypt’s position as a hub for arts and cultural awareness, Culture Minister Ahmed Fouad Hanno said on Friday. The fifth edition of the Arab
Egypt steps up work on high-speed train network
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir has conducted an extensive inspection tour to review progress on the first line of Egypt’s High-Speed Train network. The tour covered the section stretching from 6th
Egypt explores investment opportunities with Uber, Olayan and UPL
Minister of Investment and Foreign Trade Hassan El Khatib held a series of high-level meetings with executives from major international firms to review investment opportunities across key sectors of the Egyptian economy. The meetings, held on the sidelines of the
Egypt, Philippines discuss expanding agricultural market access
Minister of Agriculture and Land Reclamation Alaa Farouk has met a high-level Philippine delegation to discuss prospects for expanding bilateral agricultural cooperation and removing barriers to agricultural exports between the two countries. The delegation was headed by Zamzamin Ampatuan, Undersecretary
Government plans EGP 2.7trn in local debt issuances in Q3 FY2025/2026
The Egyptian government intends to offer treasury bills, bonds and sukuk worth a combined EGP 2.703trn during the third quarter of fiscal year (FY) 2025/2026, according to data published by the Ministry of Finance. The planned issuances, which will be
Al-Sisi declares Egypt ‘untouchable’, draws red lines on militias, Gaza displacement
Egyptian President Abdel Fattah Al-Sisi said on Saturday that Egypt remains fully secure and immune to threats, stressing that the country’s strength lies in the unity of its institutions and the awareness of its people. “No one can threaten Egypt,”