Beltone Mortgage has completed its first securitised bond issuance worth EGP 1.32bn, under the umbrella of Beltone Securitization's second programme. The transaction attracted strong investor appetite, achieving 2.3 times oversubscription, which (...)
The African agribusiness market reached approximately $280bn in 2023, according to estimates by the African Development Bank (AfDB), with $35bn representing the Egyptian market alone. It is expected to grow to $1tr by 2030, at an annual growth rate (...)
A consortium of national and regional banks has signed a principles agreement to provide a $490m financing package for the Egyptian Soda Ash Company's new project in El Alamein, Egypt's petroleum ministry said on Sunday.
The signing in the city of (...)
Mercon Developments has signed a cooperation agreement with Gewan Hotels and Resorts to deliver a fully integrated residential and hospitality experience within the Riverton project in New Cairo.
Under the agreement, Gewan will operate and manage (...)
The Hollywood Foreign Press Association (HFPA) has unveiled the updated list of international voting members for the 83rd edition of the Golden Globe Awards, set to take place on January 11, 2026, in Los Angeles. Among this year's newly appointed (...)
Egypt's Prime Minister Mostafa Madbouly chaired a meeting on Wednesday to discuss major investment opportunities currently under negotiation with several Gulf countries.
The meeting was attended by Deputy Prime Minister for Industrial Development (...)
The Committee for the Establishment and Licensing of Companies, under the supervision of the Financial Regulatory Authority (FRA), has granted licences to four companies to expand their operations in Egypt's non-banking finance and investment (...)
France announced on Thursday it will formally recognize a Palestinian state in September, a move that drew widespread praise from Arab nations but sharp condemnation from Israel and the United States, highlighting a growing diplomatic rift over the (...)
أعلن نادي الكويت الرياضي، مساء اليوم الخميس، تعاقده رسميًا مع اللاعب المصري سام مرسي خلال فترة الانتقالات الصيفية الجارية.
وكان إيبسويتش تاون الإنجليزي سمح لسام مرسي بالرحيل مجانًا بعد نهاية الموسم الماضي.
نجم نادي الكويت السابق ليلا كورة: سام مرسي (...)
Kuwait's Crown Prince, Sheikh Sabah Khaled Al-Hamad Al-Sabah, on Monday met with Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, to discuss strengthening cooperation between the two (...)
Egypt has retained its position as the world's largest exporter of shisha tobacco (maassel) in 2024, capturing 32% of global exports with a total value of $127.4m and an export volume of 27,000 tonnes.
According to the Food Export Council, Egypt's (...)
Aayan Developments has officially announced its entry into the Egyptian real estate market with the launch of its first project, dǎo Towers—a landmark mixed-use high-rise development located in the New Administrative Capital. This debut signals the (...)
أصدرت رئاسة الأركان العامة للجيش الكويتي، بيانًا توضيحيًا بشأن ما تداولته بعض وسائل التواصل الاجتماعي عن رؤية صواريخ باليستية في سماء البلاد.
وأكدت في بيان عبر صفحتها الرسمية بمنصة «إكس»، صباح الاثنين، أن «هذه الصواريخ الباليستية كانت في نطاقات جوية (...)
حذرت بريطانيا رعاياها الموجودين في الكويت، اليوم الأحد، من احتمال تصعيد مفاجئ بالاشتباكات بين إيران وإسرائيل.
وقالت السفارة البريطانية لدى الكويت، في بيان، إن «الأعمال العدائية المستمرة في المنطقة وبين إسرائيل وإيران قد تتصاعد بسرعة وتشكل مخاطر (...)
Egypt has issued $1 billion in sovereign sukuk through a private placement, marking its return to international debt markets despite rising regional instability, the Finance Ministry said in a statement on Wednesday.
The three-year sukuk, compliant (...)
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 stock exchange (EGX) announced on Wednesday the detailed composition of its newly launched low-volatility index, EGX35-LV, which will be effective from 3 August 2025.
Below is the list of the 35 constituent companies of the EGX35-LV index (...)
Egypt is intensifying efforts to expand its regional economic footprint as Minister of Industry and Transport, Kamel El-Wazir leads a high-level business delegation to Kuwait to pitch for a wide range of development projects.
Minister El-Wazir is (...)
Egypt and Kuwait are considering converting the Kuwaiti deposit at the Central Bank of Egypt (CBE) into direct investments, Minister Kamel El-Wazir announced during his meeting with Kuwait Prime Minister Sheikh Ahmad Abdullah Al-Sabah in Kuwait on (...)
Egypt's Minister of Civil Aviation Sameh El-Hefny met with the President of the Directorate General of Civil Aviation (DGCA) of Kuwait Hamoud Mubarak to enhance bilateral cooperation in civil aviation, the Cabinet said.
The two sides reviewed ways (...)
Egypt's Deputy Prime Minister and Minister of Industry and Transport Kamel El-Wazir participated Wednesday in the Egyptian-Kuwaiti Investment Forum in Kuwait City, as Cairo looks to deepen economic cooperation and attract Gulf investment into its (...)
Shell Egypt announced on Wednesday its final investment decision to develop the West Mena gas field, located in the North East El Amriya concession in the Mediterranean Sea.
As per the Ministry of Petroleum statement, Shell will undertake the (...)
Egypt signed a $490 million framework agreement to finance a soda ash production plant in New Alamein, a project aimed at cutting imports of the key industrial chemical and boosting exports, the petroleum ministry said Sunday.
Petroleum Minister (...)
Egypt's external debt reached $155.1 billion at the end of December 2024, up 1.4 per cent from June 2024, driven by higher loan disbursements and a stronger US dollar, the central bank said in its latest external position report.
The increase came (...)
Egypt's National Organisation for Social Insurance (NOSI) secured the Excellence Award in Pension and Social Security Fund Management at the Sharjah Award in Public Finance, according to a Cabinet statement Wednesday.
NOSI Chair Gamal Awad said the (...)
