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Ahmed Fouad appointed head of SME Committee at FEB

The Federation of Egyptian Banks (FEB), chaired by Mohamed El-Etreby, has approved the appointment of Ahmed Fouad as head of its SME Committee, in a move aimed at enhancing the effectiveness of specialised committees and renewing their leadership. The appointment comes as part of ongoing efforts to build on the…

KFH – Egypt Continues its Commitment to Women Empowerment through its Partnership with Entreprenelle in “SHE CAN 2026”

Cairo – 2026: Within the framework of its continuous commitment to support women’s economic and technological empowerment, Kuwait Finance House Bank – Egypt (KFH-Egypt) announced the renewal of its strategic partnership with Entreprenelle, the leader in community development in the MENA region for 2026. This cooperation reflects the bank’s orientation…

Egypt’s economic growth diminishes amid global commodity price shocks: IMF

The International Monetary Fund (IMF) has reaffirmed its deepening programmatic engagement with Egypt, stating that the $8.1 billion Extended Fund Facility (EFF) remains the cornerstone of the nation’s macroeconomic stability. In its latest assessment, the Fund emphasized that the program continues to prioritize exchange rate flexibility, fiscal consolidation, and the…

FM, US official discuss prospects of boosting strategic relations

Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty met with Chairman of the US House Foreign Affairs Committee Brian Mast as part of a series of meetings he is holding with leaders and members of the US Congress during his visit to Washington. Abdelatty affirmed Egypt’s keenness…

IBF & COMPANY invests in Techno Metal to strengthen industrial portfolio

IBF & COMPANY, an investment and strategic advisory firm focused on growth-stage companies, has completed a strategic equity investment in Techno Metal, an Egyptian provider of industrial storage solutions and metal racking systems. The transaction forms part of IBF & COMPANY’s broader strategy to expand its industrial portfolio through partnerships…

FRA chief pushes responsible pricing to boost SME financing confidence

Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), convened an expanded meeting with representatives of companies financing micro, small, and medium enterprises (MSMEs), reinforcing the authority’s commitment to open dialogue and sector development. The discussions centered on operational and financing challenges, with a strong focus on advancing responsible pricing…