العربية

Day: February 7, 2026

Egypt’s FRA allows brokerage services to be marketed via e-payment apps

Egypt’s Financial Regulatory Authority (FRA) has authorised securities brokerage firms to market their services through electronic payment applications and other digital platforms for the first time, according to a statement issued by the regulator on Saturday. The move, approved by FRA Chairperson Mohamed Farid, aims to leverage the widespread use…

Egypt launches new incentives to support distressed industrial projects

The Ministry of Industry has announced a new package of grace periods and incentives aimed at supporting distressed industrial projects that have exceeded their approved implementation timelines, as part of the government’s efforts to accelerate production, protect manufacturers, and maximise the use of industrial land. The measures, to be implemented…

Shell Lubricants Egypt debuts new portfolio at Automorrow 2026

Shell Lubricants Egypt has launched a revamped lubricants portfolio, including products engineered to meet the 2025 API SQ standard, the highest performance specification for passenger car engine oils to date. The launch, which took place at the Automorrow 2026 international automotive exhibition in Cairo, comes as the local industry shows…

MARAKEZ secures EGP 3bn credit facility from Banque Misr

Banque Misr has signed a medium-term loan agreement with MARAKEZ, one of Egypt’s leading mixed-use real estate developers, providing a credit facility of up to EGP 3bn to support the company’s operations and enhance overall operational efficiency. The agreement was signed by Hisham Okasha, CEO of Banque Misr, and Ahmed…

Egypt launches startup charter targeting $1bn in investment over five years

Egypt launched its first national “Startup Charter” on Saturday, seeking to mobilise $1bn in financing over five years and create approximately 500,000 direct and indirect job opportunities. The charter, unveiled by Prime Minister Mostafa Madbouly and Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat, represents a strategic roadmap…