العربية

Day: June 27, 2026

MSMEDA injects EGP 79.6bn in financing since 1991: CEO

Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said that the agency has injected EGP 79.6bn in financing since its establishment 35 years ago under the name of the Social Fund for Development. The financing has supported more than four million projects across…

Egypt reviews coastal protection projects to tackle climate risks

Egypt’s Ministry of Water Resources and Irrigation has reviewed progress on coastal protection projects designed to reduce the impact of climate change on the country’s shoreline, as part of efforts to safeguard infrastructure and promote sustainable development. Water Resources Minister Hani Sewilam chaired a meeting with senior ministry officials, representatives…

KOICA holds WFK Program Partner Organization Workshop in Cairo

The Korea International Cooperation Agency (KOICA), South Korea’s official development assistance agency, held the “Annual World Friends Korea (WFK) Volunteer Program Partner Organizations Workshop” on 25 June 2026 at the Flamenco Zamalek Hotel in Cairo. The event brought together 33 participants, including representatives from the KOICA Egypt Office and its…

Egypt, Italy deepen tourism ties as arrivals surge 15%

Italian tourist arrivals to Egypt rose by 15% from January through the first week of June 2026 compared to the same period last year, underscoring the resilience of Egypt’s tourism sector despite regional challenges. During his official visit to Rome and Milan, Egypt’s Minister of Tourism and Antiquities, Sherif Fathy,…

Suez Canal Bank hosts first ‘Privé Day’ at Rehab branch

Suez Canal Bank launched its inaugural Privé Day at the Rehab branch, underscoring its strategic focus on enhancing customer engagement and elevating the premium banking experience. Organized by the retail banking and branches departments, the event introduced clients to the expanded benefits of the Privé segment, including personalized relationship management,…

NIB denies plans to divest stakes in Bank NXT, EBank

The National Investment Bank (NIB) has denied reports recently published by an online news outlet claiming that it intends to divest its stakes in Bank NXT and the Export Development Bank of Egypt (EBank), stressing that the reports are entirely false and have no basis in fact. Ashraf Negm, Managing…