News

The 2025 results of SAIB Bank showed strong growth in its loans and credit facilities portfolio, which reached EGP 79.1bn. According to the bank’s financial statements, the loans and credit facilities portfolio in local currency rose to EGP 57.7bn in 2025, compared with EGP 43.4bn in 2024—an increase of EGP…

Arab African International Bank (AAIB) has signed an agreement with Siemens Healthineers to provide Assiut University Hospitals with Upper Egypt’s first integrated artificial intelligence-powered radiotherapy system, the bank announced on Thursday. The agreement makes AAIB the first private bank in Egypt to support the procurement of a comprehensive radiation therapy…

  On Thursday, 19 February, Google announced the launch of Lyria 3, the latest generative music model from Google DeepMind that will enable users to create personalized audio greetings and tracks in Arabic.  With Lyria 3 now available in beta on the Google Gemini website and shortly to be accessible…

The ninth edition of the Egypt International Petroleum Conference and Exhibition (EGYPS 2026) is scheduled to take place from March 30 to April 1, 2026, under the auspices of President Abdel Fattah al-Sisi. The Supreme Committee for the Egypt International Petroleum Conference and Exhibition (EGYPS 2026) held its second meeting…

Ahmed Elsobky, Chairperson of the Egypt Healthcare Authority, met with Ulric Shannon, Ambassador of Canada to Egypt, to explore prospects for expanding bilateral cooperation across multiple healthcare sectors. The meeting comes as part of efforts to strengthen international partnerships and leverage global expertise in support of Egypt’s ongoing healthcare reform…

Apparel Export Council of Egypt (AEC) is organising the participation of 15 Egyptian companies in the upcoming MAGIC Show in Las Vegas, as part of efforts to strengthen Egypt’s presence in its largest export market. The exhibition, held from 17 to 19 February 2026, is in cooperation with the Egyptian…

Egypt is preparing for the pilot implementation of its universal health insurance system in Minya as part of the second phase of the nationwide initiative aimed at broadening healthcare coverage and enhancing service quality, Minister of Health Khaled Abdel Ghaffar said. The Health Ministry reported that Abdel Ghaffar convened a…

The Business Development Services (BDS) Hubs, operating under the Central Bank of Egypt’s NilePreneurs initiative, have delivered more than 1.16 million non-financial and advisory services to date. These services have supported approximately 502,000 young people, entrepreneurs, start-ups and micro, small and medium-sized enterprises (MSMEs), including 210,000 women. In addition, the…

The Committee for Establishing and Licensing Companies regulated by the Financial Regulatory Authority (FRA) and their branches has approved the incorporation and licensing of six entities to undertake activities falling under the Authority’s supervision. The approved activities include participation in establishing companies that issue securities or increase their capital, insurance…

Egypt’s Foreign Minister Badr Abdelatty inaugurated the first meeting of the Board of Trustees of the Egyptian Agency of Partnership for Development (EAPD) on Tuesday, marking a new institutional phase aimed at expanding Cairo’s developmental role across Africa. The meeting follows the official formation of the board, which Abdelatty described…