Year: 2025

Egyptian President Abdel Fattah Al-Sisi met on Saturday with a delegation of Japanese education experts to discuss enhancing cooperation on the Japanese school model in Egypt, praising Japan’s disciplined and effective contribution to improving teaching quality, according to the presidency. Presidential spokesperson Mohamed El-Shenawy said Al-Sisi welcomed the experts and…

Egypt expects its economy to grow by at least 5% by the end of the current fiscal year, supported by a continued pace of structural reforms, Planning Minister Rania Al-Mashat said on Saturday. Speaking during a meeting with an International Monetary Fund (IMF) mission in Cairo, Al-Mashat reported that Gross…

The Central Bank of Egypt (CBE) has reported an increase in total local liquidity within the banking sector, reaching EGP 13.686trn in October 2025, up from EGP 13.622trn in September. According to the CBE’s latest report, money supply (M2) rose to EGP 3.679trn, compared to EGP 3.637trn a month earlier.…

Foreign direct investment (FDI) into the Common Market for Eastern and Southern Africa (COMESA) surged to a record $65bn in 2024, marking a 154% year-on-year increase despite a global downturn in investment flows, according to the inaugural COMESA Investment Report 2025, jointly launched by UN Trade and Development (UNCTAD) and…

Nevine Kashmiry, Deputy Managing Director for Business Sectors at United Bank, announced that the bank is preparing to introduce a suite of specialised financing products tailored to the healthcare sector. These include a high-tech medical equipment financing product with flexible repayment plans suited to the operational dynamics of healthcare institutions,…

The Ministry of Transport, represented by the National Navigation Company (NNC), celebrated a significant milestone in the modernization journey of the Egyptian commercial fleet: the commencement of construction for two massive Kamsarmax-type dry bulk carriers. Construction begins on giant carriers These two giant ships, each with a deadweight of 82,000…