Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), hosted Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), and his delegation for a series of strategic discussions aimed at expanding bilateral cooperation between the two (...)
Commercial International Bank (CIB) reported second-quarter (Q2) 2025 consolidated net income of EGP 16.7bn, or EGP 4.88 per share, marking a 7% increase from Q2 2024.
The bank's management commented: "Building on a strong start to the year, CIB (...)
Prime Minister Mostafa Madbouly chaired a meeting on Sunday at the government headquarters in New Alamein City to follow up on key files and activities of the Micro, Small and Medium Enterprise Development Agency (MSMEDA). The meeting brought (...)
Egypt's Micro, Small and Medium Enterprises Development Agency (MSMEDA) has injected EGP 2.2bn into 51,000 projects in the governorate of Alexandria since July 2014, its chief executive said.
Basel Rahmy stated that the financing, provided between (...)
Finance Minister Ahmed Kouchouk announced that EGP 5bn has been earmarked in Egypt's new 2025/2026 state budget—effective from 1 July—to support micro, small, and medium-sized enterprises (MSMEs). The funding is intended to make financing more (...)
Approximately 24,000 small and micro-enterprises led by women have been financed across Egypt since 2020 under the Women's Enterprise Support Programme, according to Basel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (...)
Egyptian developer ADD Developments and Hyatt Hotels Corporation have signed a strategic memorandum of understanding to expand their hotel and branded residential investments in Egypt, backed by an investment plan of approximately $265m.
The Tuesday (...)
Rising regional tensions loomed over the 10th edition of the Amwal Al Ghad Awards on Monday, as reports emerged of US military bases in Qatar and Kuwait being targeted. Despite the escalation, organizers emphasised Egypt's economic resilience and (...)
Egypt's Prime Minister Moustafa Madbouly met on Tuesday with Hyatt Hotels' regional president Javier Águila and ADD Developments chairman Basel Sami Saad to discuss expanding Hyatt's investments in the country's hospitality sector, the government (...)
Egypt's Financial Regulatory Authority (FRA) is preparing to implement Basel III capital standards across the non-bank financial sector to boost financial resilience and attract foreign investment, FRA Chairman Mohamed Farid told Prime Minister (...)
Commercial International Bank – Egypt (CIB) reported consolidated net income of EGP 16.6bn, or EGP 4.83 per share, for the first quarter (Q1) of 2025—marking a 39% increase compared to the same period last year. The results underscore a strong start (...)
Egypt's Medium, Small, and Micro Enterprise Development Agency (MSMEDA) and Fayoum Governorate signed two financing contracts worth a total of 31.5 million Egyptian pounds to support micro-projects and stimulate economic activity across the (...)
The European Bank for Reconstruction and Development (EBRD) has extended a US$30 million (€27.3 million) subordinated loan to Jordan's Bank al Etihad to support its sustainable finance portfolio and expand lending to micro, small and medium-sized (...)
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) signed a 200 million Egyptian pound financing agreement with Banque Misr on Thursday to support small businesses and provide working capital for entrepreneurs across Egypt.
The move (...)
Egypt's Prime Minister Mostafa Madbouly held a meeting on Tuesday to review the financial sustainability of the Medium, Small, and Micro Enterprise Development Agency (MSMEDA) to ensure its continued operations while maintaining financial (...)
Egypt's Medium, Small, and Micro Enterprise Development Agency (MSMEDA) marked International Women's Day with its Aziza event, celebrating female entrepreneurs and reaffirming its commitment to women's economic empowerment.
MSMEDA CEO Basel Rahmi (...)
ظهر أبطال الفيلم الفلسطيني No Other Land على السجادة الحمراء لحفل جوائز الأوسكار ال97 والتي بدأت منذ قليل على مسرح الدولبي بلوس انجلوس.
الفيلم الوثائقي الفلسطيني لا أرض أخرى No Other Land تم ترشيحه لجائزة أفضل وثائقي في حفل توزيع جوائز الأوسكار (...)
فاز الفيلم الفلسطيني، NO OTHER LAND، بجائزة الأوسكار لأفضل فيلم وثائقي في الحفل المقام حاليا، في ولاية كاليفورنيا، وهو ما يعد إنجازا تاريخيا لفلسطين والعرب.
وقال مخرج الفيلم باسل عدرا، في خطاب فوزه: "ندعو العالم إلى اتخاذ إجراءات جادة لوقف الظلم، (...)
في واحدة من أكثر اللحظات السياسية وضوحا خلال حفل الأوسكار ال 97، استغل صناع الفيلم الوثائقي «No Other Land»، فوزهم بجائزة أفضل فيلم وثائقي لتوجيه نداء عاجل إلى العالم بضرورة إيقاف الظلم والتطهير العرقي ضد الشعب الفلسطيني.
وأثناء اعتلائهم المسرح، قال (...)
Egypt's Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has injected 2.6 billion Egyptian pounds into Qena during the period from July 2014 to December 2024, financing over 95,000 small and micro enterprises and creating more than (...)
Egypt's Holding Company for Maritime and Land Transport and A.P. Moller – Maersk A/S signed a memorandum of understanding on Thursday to establish Egypt's first ship recycling project at Damietta Port, marking a significant milestone in sustainable (...)
Egypt's Micro, Small, and Medium Enterprise Development Agency (MSMEDA) is strengthening the country's entrepreneurship ecosystem through a venture capital programme backed by the World Bank and the Italian Agency for Development Cooperation (...)
Commercial International Bank (CIB) today announced its fourth-quarter 2024 consolidated net income of EGP 12.8bn, reflecting a 78% increase from the same period in 2023. Full-year 2024 consolidated net income reached EGP 55.2bn, or EGP 16.4 per (...)
Bank of England (BoE) Governor Andrew Bailey said on Monday that inflation is slowing, though a slight increase in price growth is expected later the current year. He attributed part of the rise to regulated price hikes, such as for energy and (...)
أفادت العربية/الحدث اليوم الثلاثاء، ارتفاع عدد ضحايا الجنود الإسرائيليين في عملية إطلاق نار على حاجز تياسير في الأغوار الشمالية التابعة لمحافظة طوباس شمالي الضفة الغربية، إلى مقتل جنديين إسرائيليين، وإصابة 6 آخرين.
وأضافت باستشهاد المشتبه بتنفيذ (...)
