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Octane, a digital payments platform focused on streamlining vehicle-related expenses in Egypt, has launched O-Tolls in collaboration with the National Company for Roads Building and Development, the company said. With the new service, Octane becomes the first company in Egypt to digitise toll gate and truck-weighing payments for light, medium…

Egypt currently attracts an average of $12bn in foreign direct investment (FDI) annually and has the capacity to double this figure through ongoing structural reforms, Minister of Investment and Foreign Trade Hassan El-Khatib said. Speaking during a meeting with a delegation from Moody’s Ratings, which included Matt Robinson, Associate Managing…

Banque du Caire has signed a new EGP 400m financing agreement with the Micro, Small and Medium Enterprises Development Agency (MSMEDA) to support small and medium enterprises (SMEs) across Egypt through the bank’s nationwide branch network. The agreement aligns with Banque du Caire’s strategy to promote financial inclusion and expand…

Ahmed Kouchouk, Minister of Finance, said Egypt is seeking deeper economic integration with Türkiye that would enable joint manufacturing and exporting to global markets, highlighting the complementary nature of both countries’ economic capabilities. Speaking during an open video-conference dialogue with 250 leading Turkish investors participating in the meeting of the…

Aswan has been named the “Tourist City of the Year” for 2026 by the Developing-8 (D-8) Organisation for Economic Cooperation after winning the majority of votes from member states. The Egyptian city secured the title, awarded for the second consecutive year, following a competition against three other nominated cities from…