Among the banks implementing the changes are the National Bank of Egypt (NBE), Commercial International Bank (CIB), and Arab African International Bank (AAIB).

The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad reached an unprecedented record of approximately $32.6 billion during the period from March 2024 to February ...

Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), Walid Gamal el-Din witnessed the opening ceremony of the Silicon Valley factory. The Silicon Valley Factory for Electronic ...

The Egyptian Ministry of International Cooperation and the Canadian Embassy in Cairo signed a grant agreement worth $7.57 million to support food security and climate change initiatives in Aswan, ...

Egyptian Prime Minister Dr. Mostafa Madbouly issues decisions to refine accounting standards, aiming to enhance transparency and attract investment.

The company is establishing a recycling plant in Egypt’s 10th of Ramadan City on an 80,000 square meter plot. The company’s investments in Egypt have reached EGP 1.5 billion, with 90% of the plant’s ...

Egypt’s exports to AU member states reached $7.7 billion in 2024, marking a 4.7% increase from $7.4 billion in 2023, according to a statement released by the Central Agency for Public Mobilization and ...

With four Egyptians listed among the Top Venture Capitalists (VC) in the region according to Forbes ME, Egypt maintains its upward trajectory in strength and presence on the regional VC stage. “MENA’s ...

Ahmed Fahmy, Presidential Spokesperson, stated that the Supreme Investment Council approved 22 decisions today. He ...

In an exclusive interview, Amr El Kadi, the CEO of the Egyptian Tourism Authority (ETA), shared insights into the authority's strategic efforts to revitalize Egypt’s tourism sector amid ongoing global ...

The Egyptian cabinet has greenlit the establishment of YADA Egypt, a new free zone dedicated to the furniture industry in New Alamein City, with investments totaling €70 million. This project aims to ...

With a goal to maintain Egyptian ready-to-wear clothing’s exports and reputation in global markets, the Readymade Garments Export Council of Egypt (RMGEC) has been working to increase exports during ...