MSMEDA expands marketing support for SMEs: Rahmy
Basil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), reaffirmed the agency’s commitment to providing strong marketing support to small and medium-sized enterprise owners by facilitating their participation in various exhibitions, particularly international fairs, to help
GlobalCorp issues eighth securitization bond worth EGP 2.5bn
GlobalCorp Financial Services has successfully completed its eighth securitization bond issuance, valued at EGP 2.5bn, following approval from Egypt’s Financial Regulatory Authority (FRA). The transaction falls under the company’s second approved securitization program. The issuance was structured into three tranches
CBE, Afreximbank sign MoU to launch pan-African Gold Bank programme in Egypt
The Central Bank of Egypt (CBE) and the African Export–Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) to establish a pan-African Gold Bank programme, a strategic initiative aimed at formalising gold value chains, strengthening central bank reserves, and
Egypt-Sudan trade exchange hits $1.15bn in 2024
Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, and Mahasen Ali Yaqoub, Sudan’s Minister of Industry and Trade, chaired on Monday in Cairo the meetings of the Joint Egyptian–Sudanese Trade and Industry Committee, with the participation of senior officials
Egypt accelerates localisation of advanced manufacturing technologies
Minister of State for Military Production Mohamed Salah El-Din Mostafa affirmed the ministry’s commitment to implementing the political leadership’s directives to accelerate the localisation of modern manufacturing technologies across various sectors, increase local content, and generate added value for the
Concessional financing offered to first 100,000 taxpayers joining simplified tax system
Minister of Finance Ahmed Kouchouk said concessional financing will be provided to the first 100,000 taxpayers who join the simplified tax system, stressing that the move aims to support taxpayers, ease compliance, and help businesses expand. Speaking during a Monday
Abdelatty outlines Egypt’s peace and development vision for Eastern Congo and Horn of Africa
Foreign Minister Badr Abdelatty has detailed Egypt’s strategic vision for regional stability, calling for an emergency African Union (AU) session to reject Israel’s recognition of Somaliland while offering peacekeeping support for the eastern Democratic Republic of Congo (DRC). Addressing a
UAE, Egypt move to finalise comprehensive economic partnership agreement negotiations
Egypt and the United Arab Emirates are working to conclude negotiations on a comprehensive economic partnership agreement intended to increase investment flows and enhance economic competitiveness, Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib said. During a meeting in
Egypt to launch 2026-2030 national strategy for 11m people with disabilities
Egypt will launch a comprehensive national strategy for the period 2026-2030 aimed at the full integration and empowerment of 11m people with disabilities, the National Council for Persons with Disabilities (NCPD) announced on Monday. The strategy, prepared by the NCPD
ICT Minister says Egypt targets production of 15 million mobile phones in 2026
Egypt aims to produce 15 million mobile phones next year and begin exporting devices to international markets, following the manufacture of 10 million units in 2025, Minister of Communications and Information Technology Amr Talaat said on Monday. Speaking to military