CBE issues guide to identify true bank customer beneficiaries

The Central Bank of Egypt (CBE), in cooperation with the Egyptian Money Laundering and Terrorist Financing Combating Unit (EMLCU), has issued a guide to help banks identify the true beneficiaries of their customers, addressing various methods used to conceal their identities. This initiative is part of the CBE’s commitment to…

Egypt’s Agriculture Minister discusses cooperation with Senegal, Somalia

Egyptian Minister of Agriculture and Land Reclamation, Alaa Farouk, has met with his counterparts from Senegal and Somalia to discuss enhanced agricultural cooperation. The meetings took place on the sidelines of the African Union’s Extraordinary Summit on Agricultural Development, currently being held in Kampala, Uganda. Farouk met with Senegal’s Minister…

Madbouly oversees final preparations for Grand Egyptian Museum opening

Egypt’s Prime Minister Mostafa Madbouly has directed an acceleration of work on the Grand Egyptian Museum, as the project nears completion. During a site visit, Madbouly emphasised the need to finalise all remaining construction and logistical preparations for a major opening ceremony. Madbouly’s inspection included a review of the museum’s…
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