CBE launches Banking Reform, Development Fund

As part of its ongoing efforts to advance Egypt’s banking sector in line with international best practices, the Central Bank of Egypt (CBE) has announced the launch of the Banking Reform and Development Fund, along with the formation of its Board of Directors (BoD) for a four-year term. The Board…

PM Madbouly inspects key development, service projects in Qalyubeya

Prime Minister Mostafa Madbouly conducted a field tour in Qalyubeya on Saturday to inspect a series of ongoing development and service projects across multiple sectors, including housing, education, health, and industry. Madbouly said this visit, his second to the governorate within a week, reflects the government’s firm commitment to closely…

Al Arabia Co. for Aluminum targets over 10,000 tonnes in annual exports

Al Arabia Company for Manufacturing and Painting Aluminum has announced a new strategy aimed at increasing its annual exports to more than 10,000 tonnes. The move follows the company’s successful restructuring and transformation into an integrated industrial complex, equipped with advanced production lines and a series of expansion projects that…

Egypt, EU discuss CBAM impact, green transition cooperation

Egyptian Minister of Planning Rania Al-Mashat has met with the European Union’s Commissioner for Environment, Water Resilience, and competitive Circular Economy, Jessika Roswall, to discuss the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM). The meeting, held during the Global Gateway Forum in Brussels, focused on the Egyptian government’s…

Egypt promotes new economic model to European partners in Brussels

Egyptian Minister of Planning Rania Al-Mashat has launched the English version of the executive summary of “Egypt’s Narrative for Economic Development: Reforms for Growth, Jobs & Resilience” during the Global Gateway Forum in Brussels. The document, which promotes the new economic model the government aims to achieve, was made available…