Day: August 15, 2026

The General Authority for Healthcare (GAH) is accelerating efforts to expand Egypt’s medical tourism sector, with international revenues rising 37% year-on-year to surpass $10m, while nearly 42,000 tourists have received treatment at the authority’s hospitals. The authority said the latest figures reflect growing demand for the advanced medical services provided…

Egypt’s Ministry of Health and Population announced that 3,342,772 surgeries have been performed under the presidential initiative to end waiting lists and prevent the accumulation of new cases requiring critical surgical interventions since the initiative was launched in July 2018. Hossam Abdel Ghaffar, spokesperson for the ministry, said the initiative’s…

The Financial Regulatory Authority (FRA) revealed that the outstanding balance of financing provided by companies and associations operating in the financing of micro, small, and medium enterprises (MSMEs) in the Egyptian market reached EGP 100.043bn in May 2026, compared to EGP 86.349bn in May 2025, marking an increase of EGP…

Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) has introduced tiered cashback rewards of up to 50% and zero-fee auto financing as part of its fourth annual “Summer Pros” summer promotional campaign running from June to August 2026. The bank is offering two auto financing packages aimed at facilitating car purchases.…

The Federation of Egyptian Industries (FEI) has signed a cooperation protocol with the General Union of Chambers of Commerce, Industry and Agriculture in Benghazi to organize an annual Egyptian-Libyan Industrial Integration Exhibition in Benghazi, with the first edition tentatively scheduled for April 2027. The initiative aims to strengthen industrial, trade,…

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has amended some of the conditions governing the conversion of real estate investment and development companies into real estate investment funds, previously set out under FRA Board Decision No. 179 of 2025. The amendments take into account the specific nature of…

Suez Canal Bank (SCB) delivered strong financial results during the first half of 2026, supported by robust growth across its core banking activities despite a macroeconomic environment marked by easing inflation and a cumulative 500 basis-point reduction in domestic policy rates since June 2025. Net interest income increased by 47.4%…

Housing and Development Bank (HDB) delivered strong financial results during the first half (H1) of 2026, underpinned by its solid financial position, efficient business model and flexible operating policies, as it continued executing its strategy focused on innovation, digital transformation, enhancing customer experience and strengthening customer confidence to drive sustainable…