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

In its newly released Arab Economic Outlook Report 2025, the AMF forecasts Egypt’s GDP will expand by 4.2% in 2025 and climb to 4.7% in 2026.

Private equity (PE) activity across the MENA region continued its downward trend in the first half of 2025, with investors shifting toward fewer, larger-scale deals. The number of PE transactions ...

Engineer Sherif El Sayad, Chairman of the Export Council for Engineering Industries, confirmed that Egypt’s engineering exports achieved a 15% increase in export value compared to the same period in ...

The Egyptian-Canadian Business Council aims to increase Canadian investments in Egypt by 30% this year, surpassing $2.6 billion compared to the current $2 billion. Ahmed Khattab, a member of the ...

President Abdel Fattah El-Sisi followed up on the progress of the transport and industry ministry projects, particularly those related to the railway system, in a meeting with Mostafa Madbouly, Prime ...

El Shenawi also noted that the meeting discussed the latest updates on the development of maritime ports, considering their pivotal role in the country's development programs.

Dana Gas has revealed positive preliminary results from the Begonia-2 appraisal well located in Egypt’s Nile Delta, with initial estimates indicating gas reserves of up to 9 billion cubic feet and an ...

Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with Mokhtar Aboul Atta, Head of Business Development for North Africa at Infinity Power, and Elly Aloko, ...

Egypt plans to issue up to $4 billion in international bonds over the next 12 months, according to Finance Minister Ahmed Kouchouk, who spoke to Bloomberg. The upcoming issuances are part of the ...

The minister’s comments align with the government's ambition to see a 14% increase in total tourist arrivals by the end of 2025, aiming to attract 18 million tourists.

Egypt’s exports to AU member states reached $7.7 billion in 2024, marking a 4.7% increase from $7.4 billion in 2023, according to a statement released by the Central Agency for Public Mobilization and ...