The Financial Regulatory Authority (FRA) has granted approval to three brokerage firms—Telda, Beltone, and Thndr—to conduct their operations using financial technology (fintech). This approval marks a ...

The Central Bank of Egypt (CBE) has officially approved Banque Misr’s Misr Digital Innovation (MDI) to evolve into onebank, Egypt’s first fully digital-native bank, according to MDI’s statement. The ...

The World Bank Group (WBG) is preparing for the second phase of its budget support program for Egypt, which is set to be completed this year, following the successful disbursement of the first phase ...

With a total investment of $1.2 billion, the Gulf of Suez wind farm is poised to become Africa’s largest onshore wind energy project. Egypt’s social support spending hits EGP742.6B in 2025/2026, cash ...

The African Export-Import Bank (Afreximbank) on Saturday launched the official groundbreaking ceremony for the African Trade Centre (AATC) and Afreximbank headquarters in Cairo. The ceremony took ...

Rania Al-Mashat, the Minister of Planning, Economic Development, and International Cooperation, and Ulric Shannon, the Canadian Ambassador to Egypt, have signed three new initiatives between the ...

Businessman Mohamed Mansour described the opening of the Grand Egyptian Museum as a global event that has captured the attention of international media, expressing his pride in contributing to the ...

The Central Bank of Egypt (CBE) announced a significant surge in remittances from Egyptians working abroad, which reached $20 billion during the first seven months of FY2024/2025, compared to ...

Egypt is planning to issue $ 2 billion in sovereign sukuk during 2025 through a series of offerings, according to Finance Minister Ahmed Kouchouk in a statement to Reuters. The government has already ...

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided on Thursday to cut its key policy rates by 100 basis points, citing a continued slowdown in inflation and stronger ...