Year: 2026

A recognition highlighting the bank’s leadership in delivering innovative Islamic banking solutions and enhancing the customer experience. Abu Dhabi Islamic Bank Egypt (ADIB-Egypt) has been named “Best Islamic Bank in Egypt 2026” by the International Union of Arab Bankers for the second consecutive year, reaffirming the bank’s leading position in…

Deputy Prime Minister for Economic Affairs Hussein Issa affirmed the Egyptian government’s keenness to develop cooperation with Thailand across various sectors, especially economic, industrial, educational, and cultural fields, noting that the state prioritizes attracting foreign investment by enhancing business competitiveness and offering necessary incentives to support investor expansion. This came…

The Central Bank of Egypt (CBE) has launched the fourth edition of the FinTech Got Talent competition for university students under the FinYology initiative, organised by FinTech Egypt. The competition aims to recognise the best innovative projects and solutions in financial technology, in collaboration with the Federation of Egyptian Banks…

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a contract to establish an electric battery manufacturing plant in Egypt through a partnership between Egyptian battery manufacturer BME and China’s Contemporary Amperex Technology Co. Limited (CATL), one of the world’s largest electric battery manufacturers. The agreement was signed by Maged…

Egyptian President Abdel Fattah Al-Sisi said Egypt aims to increase bilateral trade with India to $12bn and attract more Indian investment in manufacturing, technology, clean energy, and the automotive industry, while separately urging Iran to help halt regional escalation and attacks on Arab states. Al-Sisi made the remarks during meetings…

The Egyptian Competition Authority (ECA) has approved seven applications involving mergers, acquisitions, and joint ventures as part of its review of economic concentration transactions. The approvals include the proposed acquisition by Indo Suez for General Trading of a 51% stake in Fanar Foods. The authority also approved the indirect acquisition…

Italian Exhibition Group (IEG) is set to expand the international scope of Ecomondo in 2026, with the 29th edition of the green, blue and circular economy event scheduled to take place from 3 to 6 November at the Rimini Expo Centre in Italy. The 2026 edition will introduce a revamped…

ABB Egypt has begun implementing a rooftop solar energy project across several of its factories in partnership with the Regional Center for Renewable Energy and Energy Efficiency (RCREEE), as part of efforts to reduce industrial carbon emissions and increase the use of renewable energy. The project has a total installed…

The Housing and Development Bank (HDB) has announced the appointment of Mohamed Gamil as Deputy CEO and Managing Director. The move reflects the bank’s strategy of attracting distinguished banking leaders with diverse expertise who can add value and contribute to achieving its objectives, while supporting its ambitious expansion and growth…