Month: October 2025

Minister of Investment and Foreign Trade Hassan El-Khatib held a meeting with British Ambassador to Cairo Mark Bryson-Richardson to discuss ways to enhance the strategic partnership between Egypt and the United Kingdom. The talks reviewed the progress achieved in implementing economic reforms aimed at attracting investment and expanding the role…

The Executive Council meetings of the International Organisation of Supreme Audit Institutions (INTOSAI) commenced today in Sharm El-Sheikh. The meetings, attended by heads and representatives of member Supreme Audit Institutions (SAIs) on the Executive Council, are a precursor to the 25th International Congress of Supreme Audit Institutions (INCOSAI 25), which…

LG Electronics Egypt is increasing the proportion of locally sourced components in its products as part of a broader strategy to strengthen domestic manufacturing and support the Egyptian industrial sector, according to Kichul Lee, HE PM Team Leader at LG Electronics Egypt. Lee noted that LG currently produces around 2.5…

Egypt’s Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, underscored Egypt’s strong partnership with the United Nations and its commitment to economic and sustainable development during a roundtable with Presidents of UN Executive Boards. The meeting, also attended by Badr Abdelatty, Minister of Foreign Affairs, Emigration, and Egyptians…

Manal Awad, Minister of Local Development and Acting Minister of Environment, met with a delegation from the World Bank’s Independent Evaluation Group (IEG) to review the outcomes of the Upper Egypt Local Development Programme (UELDP) and discuss the ministry’s vision for its next phase. The meeting was attended by Birgit…

The Central Bank of Egypt (CBE) and the Ministry of Foreign Affairs, Immigration, and Egyptian Expatriates Affairs launched the “Open Your Account in Egypt” initiative in cooperation with the National Bank of Egypt (NBE) and Banque Misr. This initiative is in line with the Egyptian state’s vision to meet the…

Capital Markets Advisors, a subsidiary of Synergy Capital, has successfully completed its role as the exclusive buy-side advisor to Al Baraka Bank – Egypt in its full acquisition of Amlak Finance – Egypt, marking a significant milestone in the local financial services landscape. The transaction reinforces Al Baraka Bank’s expansion…