Year: 2026

On the first of May, a crate of fresh Egyptian oranges cleared customs at Shanghai’s Waigaoqiao Free Trade Zone, becoming one of the first shipments to enter China duty-free under a sweeping new policy that extends zero-tariff treatment to all 53 African nations with diplomatic ties to Beijing. It was…

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’s Minister of Tourism and Antiquities, Sherif Fathy, held a series of high-level meetings with leading Italian tour operators and airline executives during his official visit to Rome and Milan, aiming to strengthen cooperation and increase tourist arrivals from the Italian market. The meetings focused on expanding joint promotional campaigns,…

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…

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 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,…

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…