Among the banks implementing the changes are the National Bank of Egypt (NBE), Commercial International Bank (CIB), and Arab African International Bank (AAIB).

British International Investment (BII) has announced the signing of agreements exceeding $300 million to support two major renewable energy projects in Egypt, a 1.1 GW wind farm in the Gulf of Suez ...

Agiba Petroleum Company, the joint venture between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, has commenced production from the newly discovered Arcadia West field in Egypt’s ...

The Ministry of Finance announced that it will begin disbursing 50% of overdue payments to exporters—related to shipments made before the end of June 2024—in cash, starting Thursday, August 7, 2025.

President Abdel Fattah El-Sisi has instructed the government to expedite the process of offering Hurghada International Airport for partnership with the private sector before the end of this year. The ...

The Egyptian government has successfully issued its second sovereign sukuk, compliant with Islamic Sharia principles, with a total value of $1 billion.

Madbouly announced that the government is taking proactive steps to secure the country's natural gas needs by continuing to enhance the infrastructure for receiving imported liquefied natural gas (LNG ...

Operated by GASCO, the control center oversees gas distribution across Egypt and plays a central role in ensuring supply security to critical sectors including electricity, industry, and households.

In celebration of five decades of successful operations in Egypt, SKF, the global leader in bearing technologies and industrial solutions, hosted an exclusive event under the title “Heavy Industries ...

Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, reaffirmed Egypt’s commitment to positioning itself as a platform for international investment and ...

In a move to strengthen the digital payments landscape and enhance financial service security and efficiency, the Central Bank of Egypt (CBE) has announced the issuance of new regulations governing ...