Day: September 1, 2025

Egypt’s petroleum minister has affirmed the key role of the state-owned Petroleum Pipelines Company (PPC) in enhancing Egypt’s position as a regional energy trading hub, citing its capacity to transport and store crude oil from the Red Sea to the Mediterranean. Speaking at the company’s general assembly, Minister of Petroleum…

Tarek Fayed, CEO and Managing Director of United Bank, has revealed the bank’s new strategic vision, designed to strengthen its position in Egypt’s competitive banking market. In his first public statement since taking office, Fayed outlined a comprehensive strategy that underscores the bank’s commitment to supporting Egypt’s economic development plans,…

Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, met with Mohamed Gaber Abou El Wafa, Egypt’s newly appointed ambassador to Kuwait, to discuss strengthening agricultural cooperation between the two nations. Abou El Wafa is set to begin his duties in the coming days. During the meeting, the two officials…

The Central Bank of Egypt (CBE) has introduced new governance and internal control regulations, alongside fit and proper criteria for key officials of payment system operators and service providers. These guidelines, which align with the Central Bank and Banking Sector Law No. 194 of 2020, are part of the CBE’s…

Abdel Aziz El-Sherif, Head of the Egyptian Commercial Service, met with Çağlar Gökşu, Commercial Counselor of the Turkish Embassy in Cairo, to explore opportunities for deepening economic and trade cooperation between Egypt and Türkiye . El-Sherif emphasized the importance of developing a joint executive plan aimed at increasing trade volume…

Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Sudanese Minister of Minerals, Nour El-Dayim Mohamed, and his delegation to explore ways to strengthen economic relations between Egypt and Sudan. The meeting also reviewed a range of issues of mutual interest. El-Khatib reiterated Egypt’s continued commitment to supporting Sudan’s…

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met on Monday with Ashraf Rabie, Vice President of Biogeneric Pharma, to discuss cooperation in strengthening the country’s healthcare sector, the ministry said in a statement.   Hossam Abdel Ghaffar, the ministry’s spokesperson, said the meeting reviewed…

Egypt’s financial regulator has issued a series of approvals for eight companies, including the establishment of new real estate investment funds and licenses to operate in investment and non-banking financial activities, the authority said in a statement on Sunday. The Financial Regulatory Authority’s (FRA) committee for licensing companies approved the…

Egypt’s Local Development and Acting Environment Minister, Manal Awad, chaired the 22nd meeting of the Environmental Protection Fund (EPF) to advance efforts in strengthening the fund’s role in environmental protection. A key focus of the meeting was supporting Egypt’s preparations to host the 24th Meeting of the Contracting Parties to…