Day: April 16, 2025

Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Saudi Minister of Transport and Logistic Services, Saleh Al-Jasser, during an official visit to the Kingdom, to advance cooperation in transportation and logistics sectors. During the meeting, both ministers reaffirmed the strength of…

Egypt’s Deputy Prime Minister for Human Development and Minister of Health and Population, Khaled Abdel Ghaffar, took part in a high-level session titled “Health Equity: New Priorities for Impact” during Abu Dhabi Global Healthcare Week 2025, held in the UAE from 15 to 17 April. In his remarks, Abdel Ghaffar…

Egypt’s Prime Minister Mostafa Madbouly attended the signing of a Memorandum of Understanding (MOU) between the Suez Canal Fish Farming Company and Spain’s Tejedor Lázaro Group, aiming to enhance cooperation in fisheries and aquaculture. The signing ceremony, held on Wednesday, saw Osama Rabie, Chairperson of the Suez Canal Authority, and…

The Central Bank of Egypt (CBE) announced that the total contributions made by the banking sector to corporate social responsibility (CSR) projects reached nearly EGP 3.9bn in 2024. These contributions were primarily allocated to key service sectors, including healthcare, social welfare, education, and development initiatives, as well as programs focused…

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its second regular meeting of the year on Thursday, to decide on the fate of the CBE’s key interest rates, which serve as the primary benchmark for the short-term interest rate direction of the…

The Central Bank of Egypt (CBE) has announced that remittances from Egyptians working abroad rose by 81% during the first seven months of the fiscal year (FY) 2024/2025, reaching approximately $20bn. This marks a significant increase from the $11bn recorded during the same period of the previous fiscal year. In…

Egyptian businessman Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding (TMG Holding), has been named among the most influential real estate leaders in the Middle East for 2025 by Forbes Middle East magazine. The ranking acknowledges Hisham Talaat Moustafa’s position as a leading developer in the…

Dubizzle Egypt (formerly OLX), the leading digital classifieds platform in the automotive sector, has officially launched the inaugural edition of “dubizzle Cars Awards 2024”. This highlights dubizzle’s continued commitment to elevating the local automotive market by recognizing key players, dealers, distributors, and showrooms, who delivered exceptional value and contributed to…

Kuwait announced its intentions to make major investments in Egypt and capitalize on its investment opportunities following Egyptian President Abdel Fattah al-Sisi’s visit. Egypt and Kuwait issued a joint statement following the conclusion of President Sisi’s two-day visit to Kuwait at the invitation of Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Emir…