Day: August 3, 2025

The Central Bank of Egypt (CBE) welcomed on Sunday a high-level delegation from the Central Bank of Kenya (CBK) for an official three-day visit focused on cybersecurity. The visit centred on the work of the CBE’s Cybersecurity Sector and the Egypt Financial Computing Incident Response Team (EG-FinCIRT), which is regarded…

The National Food Safety Authority has announced that Egypt received approximately 2,060 food shipments last week, with a combined weight of around 345,000 tonnes, imported by 910 companies. According to a report issued by the Authority’s media centre, the imports included wheat, various oils, local fava beans, and soybeans. Ukraine…

Prime Minister Mostafa Madbouly chaired a meeting on Sunday at the government headquarters in the New Administrative Capital to review a project designed to harness Egypt’s abundant kaolin sand deposits and maximise their added value. The meeting brought together Minister of Investment and Foreign Trade Hassan El-Khatib, Minister of Petroleum…

Egyptian Prime Minister Mostafa Madbouly on Sunday chaired a meeting to review efforts to support and develop the country’s pharmaceutical industry, with the aim of boosting local manufacturing and attracting more foreign investment. The meeting was attended by the Deputy Prime Minister for Human Development and Minister of Health and…

The Arab Organization for Industrialization (AOI) on Monday inaugurated a new production line for high and ultra-high voltage electricity towers at its aircraft factory, part of a plan to localise technology and increase domestic manufacturing. The opening was attended by AOI Chairman Mukhtar Abdel Latif and Minister of Electricity and…

Egypt’s Minister of State for Military Production, Mohamed Salah, met with Bulgarian Ambassador to Cairo, Deyan Katratchev, on Tuesday to discuss ways to enhance joint cooperation in various manufacturing fields, the ministry said in a statement. During the meeting at the ministry’s headquarters in the New Administrative Capital, Minister Salah…

Gold purchases in Egypt declined by 20% year-on-year in the second quarter of 2025, according to Ehab Wassef, Head of the Gold and Precious Metals Division at the Federation of Egyptian Industries. Wassef attributed this drop to improved economic conditions and the relative stability of the exchange rate, which have…

Al-Tadamun Microfinance Foundation, a leading institution dedicated to financing women-led microenterprises, has signed a new EGP 200m financing agreement with the Egyptian Arab Land Bank. The agreement aims to scale up funding for micro-projects run by women across Egypt’s governorates. This collaboration aligns with the shared commitment of Al-Tadamun and…