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Suez Canal Traffic Bounces Back as Global Shipping Lines Re-enter Red Sea Corridor
Egypt’s critical waterway channel is displaying encouraging signs of financial recovery following a tough year, and the sustained recovery in the area will depend on regional security. Official figures indicate that income from the Suez Canal has risen by 23 percent to $4.67 billion in the fiscal year 2025/26, boosted by the return of the world’s leading container ships to…
Egypt dispatches 2,653 tonnes of relief supplies to Gaza in latest humanitarian convoy
The new consignment of 2,653 tonnes of essential humanitarian assistance was sent to the Gaza Strip on Tuesday through the Egyptian Red Crescent as its 290th relief convoy to the blockaded region. The latest round of supply provides essential supplies of food packs, flour, medicine, emergency shelter materials, and fuel needed for the functioning of hospitals and other infrastructure. The…
Egypt and South Africa Forge Industrial Alliance to Expand Regional Automotive Manufacturing
Egypt and South Africa have started moving rapidly towards creating a common industrial partnership in terms of automotive manufacturing, automotive parts, logistics facilities, pharmaceuticals, and metal manufacturing. The economic strategy is meant to capitalize on the strengths that both regions share, to increase the assembly lines within the region, and to open up the trade channels in Africa. The joint…
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New Alamein Business Summit Drives Continental Trade and Private Sector Expansion
Egyptian leadership has converged with other heads of state and financial leaders…
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Egypt Unveils Executive Blueprint to Accelerate Private Sector Growth and Economic Reform
The Egyptian Government Cabinet officially supports a policy that includes plans for…
EFG Finance Expands Balad Investment to Scale Egypt’s Digital Remittance Infrastructure – TechAfrica News
EFG Finance"s majority investment in Balad reflects its broader strategy of expanding…
Egypt’s Financial Inclusion Rate Reaches 79% as Active Accounts Hit 56.4 Million – TechAfrica News
The Central Bank of Egypt (CBE) attributed the progress to continued efforts…
Afreximbank Grants EUR 110 Million Loan to Chad for Infrastructure
The African Export-Import Bank (Afreximbank) announced yesterday that it has extended its…
Valu profit jumps 43% as Egypt fintech broadens lending footprint
Egypt’s consumer finance and buy-now-pay-later sector continued to expand in the first…
Emirates NBD takes HSBC’s retail book + Egypt’s seventh IMF review clears
☀️ Good morning, friends, and happy weekend. A small programming note to…
Arab Finance – Egypt’s Investment Fund Boom: Opportunity Meets Oversight
Egypt’s investment fund boom is a watershed moment for the country’s financial…
Egypt’s financial inclusion rate reaches 79%, with 56.4 million citizens holding active transaction accounts: CBE – Dailynewsegypt
Egypt’s financial inclusion rate continued to rise, reaching 79% in June 2026,…
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Egypt Accelerates Nationwide Urban Greening Initiative to Boost Environmental Quality
Prime Minister Mostafa Madbouly, has emphasized that there remains a continuous commitment from the government towards the expansion of the municipality vegetation and development of unused lands in all Egyptian governorates. The…
ASUS Launches K-12 EmpowerED Hardware Grant
Applications now open: Four winning schools will receive a fully equipped ASUS tech lab for STEM, AI, Media, Digital Creativity and Esports Fremont, CA — ASUS is now accepting applications for its…
