Month: May 2026

Governor of the Central Bank of Egypt Hassan Abdalla and Minister of Supply and Internal Trade Sherif Farouk witnessed on Sunday, May 10, 2026, the signing of a cooperation protocol between the CBE and the ITDA to enable electronic access to unified commercial registry data for the banking sector, including…

Cairo – May 11, 2026 Beltone Venture Capital and UAE-based Citadel International Holdings’ joint fund have successfully exited Bosta, delivering an outstanding 75% IRR. This milestone marks another significant achievement in the fund’s investment journey and reinforces the strength of strategic partnerships, disciplined execution, and value creation. The transaction represents…

Granite Financial Holding is preparing to expand its digital liquidity management platform through the launch of new investment products and treasury management solutions targeting both individuals and corporates, as the company seeks to strengthen its position within Egypt’s rapidly evolving fintech sector. In an interview with Daily News Egypt, Hisham…

Minister of Investment and Foreign Trade Mohamed Farid discussed mechanisms for cooperation and integration between the Egyptian and Belarusian commodity exchanges during a visit to the Belarusian Universal Commodity Exchange (BUCE) in Minsk, as part of his official visit to Belarus to chair meetings of the Egyptian-Belarusian Joint Committee. Farid…

Egypt’s Ministry of Health and Population said the Egyptian medical mission accompanying pilgrims during the Hajj season has provided 987 healthcare services to Egyptian pilgrims in Saudi Arabia since their arrival, while confirming that no infectious disease outbreaks have been detected among them. In a statement, the ministry said medical…

Forbes Middle East has named Karim Malash, Chairperson and Chief Executive Officer of M squared, to its Most Impactful Real Estate Leaders 2026 list. Forbes selects its award recipients based on their role and contributions to accelerating the growth of the real estate market in the Middle East. The 2026…

Manal Awad, Egypt’s Minister of Local Development and Environment, inspected ongoing works under the second phase of the redevelopment of Ataba Market, part of a broader government plan to modernise commercial districts and improve infrastructure and public services across the capital. In a statement, the ministry said the project is…

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued Decision No. 70 of 2026 regulating the rules, standards, and controls governing companies licensed to practise takaful insurance activities in Egypt. The move is aimed at revitalising the takaful insurance market and stimulating sector growth in line with the…

CAPTEX, the Egyptian manufacturer of sports equipment and supplies, is moving to expand its production capabilities as part of broader state efforts to deepen local manufacturing, increase domestic content, and strengthen cooperation between the public and private sectors. Minister of State for Military Production Salah Gamblat visited the company’s facilities…