Non-banking financial activities hit EGP 954.2bn in M9 2025

The Financial Regulatory Authority (FRA) announced that the volume of non-banking financial activities, including capital market operations and all forms of non-banking finance, reached EGP 954.2bn during the period from January to September 2025. In a report issued on Wednesday, the FRA said the total includes EGP 497.5bn in share…

Egypt, Algeria sign wide-ranging cooperation agreements

Egypt and Algeria signed an extensive package of cooperation agreements across industrial, cultural, social, and financial sectors on Wednesday at the conclusion of the ninth session of the Egyptian-Algerian High Joint Committee, Egypt’s Cabinet said. Prime Minister Mostafa Madbouly and Algerian Prime Minister Sifi Ghrib oversaw the signing ceremonies at…

Egypt expands rollout of Universal Health Insurance

Egypt’s Local Development Minister and Acting Environment Minister Manal Awad said on Wednesday that the country is committed to integrating environmental sustainability into its expanding healthcare system, as she attended the 6th Annual Forum of the General Authority for Healthcare, held under the patronage of Prime Minister Mostafa Madbouly. The…

Eni Plans USD 8 Billion Investment in Egypt’s Energy Sector

Eni, Italy’s largest multinational energy company specializing in oil, gas, and renewable energy, is set to invest USD 8 billion (EGP 381 billion) in the Egyptian market over the next five years, as announced by Chief Executive Officer (CEO Claudio Descalzi during a meeting on Tuesday, 25 November, with President…