Day: July 26, 2025

Egypt participated in the drafting and launch of the G20 Development Working Group Ministerial Declaration in South Africa, which called for enhancing domestic resource mobilisation and innovative financing mechanisms to address global challenges. The declaration, issued at the conclusion of the ministerial meeting, affirmed that development financing is a core…

Minister of Public Enterprises Sector Mohamed El-Shimy reviewed the implementation steps to restart the carbon anode block factory in Ain Sokhna, following a shutdown of over two years. The initiative comes under an agreement signed around six months ago between the Egyptian Carbon Anode Blocks Company and bp, aiming to…

Investment and Foreign Trade Minister Hassan El-Khatib affirmed that Egypt is actively working to simplify trade procedures, facilitate business operations, and advance digitisation to enhance the investment climate. El-Khatib made his remarks during a business breakfast organised by the Egyptian-Japanese Business Council and the Japanese Chamber of Commerce and Industry,…

Egyptian Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, has held a series of bilateral meetings with international officials on the sidelines of the G20 Development Ministerial Meeting in South Africa.   The discussions focused on the outcomes of the G20 meeting and the recent Seville conference on…

Saib has been ranked among Egypt’s Top 50 Companies for 2025 by Forbes Middle East, an honour that underscores its solid financial results, commitment to sustainable practices, and growing influence in the Egyptian banking sector. The bank secured the 35th position on the list, achieving net profits of $34m and…

The Housing and Development Bank (HDB) has announced the launch of the pilot phase of its new digital platform designed to facilitate the booking of housing projects and land offered by the New Urban Communities Authority (NUCA). This initiative aligns with the bank’s ongoing strategic plan to modernise housing services,…