Nabiora
What matters across Egypt and Hurghada: recent stories first and earlier coverage in the archive.
Stories: 73
Earlier coverage in a compact, duplicate-free view.
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), headed Egypt’s delegation at the 48th annual meetings of the Association of African Central Banks (AACB), hosted by the Central Bank of Kenya from 13 to 18 September in Nairobi, with the participation of governors of 34 central banks out of the Association’s 41 member [...] The post CBE governor heads Egypt delegation at 48th annual AACB meetings first…
Central Bank of Egypt (CBE) Governor Hassan Abdalla participated in the 14th meeting of the Pan-African Payment and Settlement System (PAPSS) Governing Council in Nairobi on Saturday, focusing on expanding the network of participating banks and mitigating cross-border payment risks. The meeting, held on the sidelines of the annual meetings of the Association of African [...] The post Central Bank of Egypt Governor…
The Egyptian Commercial Service (ECS) office in Shanghai participated in the Zhejiang Economic and Trade Forum for Central Asian and North African Countries as part of efforts to promote investment and trade opportunities in Egypt and strengthen engagement with Chinese businesses. The forum was held under the auspices of the China Council for the Promotion [...] The post Egypt promotes investment opportunities at…
Egypt’s President Abdel Fattah Al-Sisi has ordered an expansion of large-scale data centres and 5G networks, alongside increased investment in cloud computing and artificial intelligence, as Egypt targets $8bn in digital exports by 2028 and $12bn in digital outsourcing exports by 2029. Al-Sisi issued the directives during a meeting with Prime Minister Mostafa Madbouly, Communications [...] The post Al-Sisi orders…
Osama Kamal, former Minister of Petroleum and Mineral Resources and chairman of the Senate Committee on Energy, Environment, and Labor, affirmed that the approximately 2% decline in oil prices is part of recent developments and international efforts aimed at stabilizing the situation. Kamal added, during his appearance on the economic program “Alshan Bakra” on Egyptian Satellite TV, that the understandings reached in New Delhi, along with Egypt’s efforts with various parties, are direc
Dr. Mohamed Maait, former Minister of Finance, revealed the status of social security and pension funds, explaining the role of the National Investment Bank in managing and investing their surpluses.
Dr. Mostafa Madbouly followed up on the latest developments regarding the preparation of the National Economic Transformation Program, stressing the need to verify the data before presenting it to the president and officially launching it. Click here for details.
Dr. Mostafa Madbouly followed up on preparations for Cairo to host a business-focused meeting in collaboration with the World Economic Forum this coming November. Click here for details.
Abu Dhabi Islamic Bank Egypt (ADIB-Egypt) has been named “Best Islamic Bank in Egypt 2026” by the International Union of Arab Bankers for the second consecutive year, reaffirming the bank’s leading position in Egypt’s Islamic banking sector. The recognition pays tribute to the continued progress the bank is making in developing its banking services and [...] The post ADIB-Egypt Named “Best Islamic Bank in Egypt…
The Prime Minister is monitoring efforts to develop the northwestern coast, while an integrated plan is being prepared that includes tourism, industrial, agricultural, and urban development activities to maximize investments.
The Egyptian Competition Authority (ECA) has approved seven applications involving mergers, acquisitions, and joint ventures as part of its review of economic concentration transactions. The approvals include the proposed acquisition by Indo Suez for General Trading of a 51% stake in Fanar Foods. The authority also approved the indirect acquisition by Genel Energy PLC of [...] The post Egyptian Competition…
Dr. Rami Ashour, a professor of international relations, emphasized that the BRICS Summit comes at a sensitive time and that Egypt possesses a geographical advantage that qualifies it to serve as a regional hub for the bloc’s investments thanks to COMESA.
Dr. Wafa Ali, an energy market expert, asserted that the 95-million-barrel drop in global inventories is putting the economy at a critical juncture, warning of a “toxic mix” leading to stagflation.
President Abdel Fattah El-Sisi arrived in New Delhi on Friday, 11 September, to participate in the 18th BRICS Summit, according to Ambassador Mohamed El-Shennawy, the official spokesperson for the Egyptian Presidency. The summit, hosted by India on 12 and 13 September, will bring together leaders of BRICS member and partner countries to discuss economic cooperation and a range of regional and international issues.…
