Dama Developments has signed cooperation agreements with several specialised companies to develop, manage and operate its mixed-use Rawasin project, located on 7.5 feddans in the southern expansion ...

Egypt's remittances recovered after the 2023 slump. CBE and World Bank figures explain the rebound, transfer costs and what recipients can check when money is late ...

The Central Bank of Egypt (CBE) said its decision to raise interest rates by one percentage point was a pre-emptive measure aimed at sustaining the downward trajectory of inflation and ensuring that ...

Ollin Mortgage Finance, a subsidiary of GlobalCorp, has finalized its second mortgage securitization bond issuance worth EGP 3.31bn, following approval from the Financial Regulatory Authority (FRA).

The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decree No. 138 of 2025 amending Decree No. 81 of 2023 to raise the cap on pre-disbursed consumer cash finance to EGP ...

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, announced on Monday that it had invested $100m in the initial public offering (IPO) of Egypt’s Banque du ...

In July 2007 I was commissioned by CNN to produce a feature story on Egyptian identity. The four-minute piece was to air on CNN’s Inside Africa, a weekly show that takes pride in showing viewers the ...

Egypt has completed the final version of its Fourth National Communication on climate change and its first Biennial Transparency Report, marking a significant step in fulfilling its international ...

Egypt’s top 21 real estate developers achieved record-breaking sales of EGP 1.4trn in 2024, doubling the EGP 701bn recorded in 2023, according to a report by The Board Consulting. However, the market ...

The Al-Hamra petroleum port has commenced crude oil storage and trading for third parties as part of a strategy to transform the facility into a regional logistics hub, Egypt’s Petroleum Minister ...

A sweeping Democratic takeover of the US Congress and key governorships marks a decisive voter rejection of President Donald Trump’s second-term policies, stripping the administration of its unchecked ...

Egypt is stepping up preparations for the ninth Cairo Water Week, scheduled for October 25-29, by expanding its international participation and scientific programme ahead of a series of high-level ...