Day: August 12, 2025

Egypt’s silver market is experiencing a notable resurgence, fuelled by rising global demand, increased industrial applications, and renewed interest in precious metals as a secure savings option amid global economic shifts. In response to this momentum, BTC, a pioneer in Egypt’s gold and precious metals industry, has launched a new…

The Egyptian Credit Bureau (iScore) has announced a strategic partnership with Synapse Analytics, a leading provider of AI-driven risk decisioning solutions, to launch an advanced digital platform aimed at transforming the credit approval process in Egypt’s financial sector. The platform allows banks and non-banking financial institutions to build, test, and…

Egypt’s Minister of Tourism and Antiquities, Sherif Fathy, has met with officials in Bosnia and Herzegovina to discuss ways to increase tourist traffic from the Balkan country to Egypt, the ministry said in a statement. Fathy held an expanded professional meeting in Sarajevo with senior officials from the Bosnian tourism…

Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), affirmed that the tax facilities introduced under Law No. 5 of 2025 present a golden opportunity for taxpayers to resolve outstanding tax disputes, especially for those maintaining regular books and accounts. She noted that one of the most significant incentives…

HSBC Bank Egypt has launched a new Treasury API solution to help businesses digitise and streamline their treasury operations. The service allows corporate clients to integrate directly with the bank’s treasury and payment systems, providing real-time access to HSBC’s full suite of cash management solutions. Through HSBC Treasury APIs, businesses…

Chairperson of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, on Tuesday received Rita Herencsár, Ambassador of Hungary to Cairo, at the Authority’s headquarters in Ain Sokhna. The official visit aimed to explore avenues for cooperation and strengthen economic ties between the two sides. It forms part of SCZONE’s…

Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting with the team behind the Egypt Upstream Gateway (EUG) to review ongoing efforts to attract investment in the upstream sector. The session aligns with the ministry’s strategic focus on accelerating exploration and production activities to meet growing domestic energy…

Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir held an extensive meeting with leading car manufacturers and automotive feeder industry representatives to discuss strategies for deepening the automotive industry in Egypt. Opening the meeting, Al-Wazir noted that the gathering was part of a…