Egypt Seeks To Strengthen Economic, Trade, And Investment Relations With Greece: Finance Minister

(MENAFN- Daily News Egypt) Egypt's Minister of Finance, Ahmed Kouchouk, affirmed the country's commitment to strengthening bilateral cooperation with Greece, focusing on the exchange of expertise and policy dialogue in fiscal management, tax and...

Egypt exports top $30bn in seven months

Egypt’s exports rose to $29.9 billion during the first seven months of 2025, up 17.3 per cent compared with the same period last year, according to official data. The growth was largely driven by higher shipments of manufactured and...

Vietnamese firms strengthen partnerships at 2025 Trade Expo Indonesia

Jakarta (VNA) — Vietnamese businesses actively engaged with international partners at the 2025 Trade Expo Indonesia (TEI), particularly during the Vietnam–Indonesia Business Forum. Jenal, Sales Director for Indonesia at FPT Group, said the...

Egypt offers land in US dollars to attract foreign investment, boost currency reserves

Egypt’s Cabinet has approved a new policy to allocate land plots priced in US dollars for both foreign investors and Egyptians abroad, aiming to attract hard currency and strengthen the country’s investment climate. The initiative is part of a...

Central Bank of Egypt attributes inflation slowdown to easing food prices for fourth consecutive month

Egypt’s annual urban headline inflation declined to 11.7% in September 2025, down from 12% in August, marking the fourth consecutive month of moderation, according to the Central Bank of Egypt (CBE). This deceleration was primarily driven by a...

Egyptian insurtech SehaTech raises $1.1m in seed funding

Egyptian insurtech company SehaTech has raised $1.1m in a seed funding round to expand its AI-centred platform that streamlines and automates health insurance administration, the company announced on Sunday. The round was led by Ingressive...

Egypt launches project to upgrade export environment, streamline port procedures

Finance Minister Ahmed Kouchouk and Minister of Investment and Foreign Trade Hassan El-Khatib have announced the launch of a new project to modernise the work environment for export procedures at Egyptian ports. The initiative involves...

Israel, Hamas trade blame as bloodshed clouds Gaza peace bid

Israel launched strikes against Hamas in Gaza and reportedly suspended all aid shipments on Sunday after blaming Hamas for a lethal Palestinian ambush that left two soldiers dead. The Israel Defense Forces said it responded to “blatant violation...

Egypt’s Al-Mashat calls for greater Global South voice in finance

Egyptian Minister of Planning and International Cooperation Rania Al-Mashat has called for a greater voice for the Global South in the governance of international financial institutions and for a shift from short-term crisis response to long-term...

Egypt’s Foreign Currency Reserves Indicate Strong Financial Stability

Egypt’s central bank governor’s proclamation of “very comfortable” foreign reserves levels rings hollow for millions of Egyptians still grappling with a currency that has lost over 50% of its value in two years. The Numbers Behind the Optimism...

Dubai's Emirates NBD to buy 60% stake in India's RBL Bank for $3bln

MUMBAI/DUBAI - Middle Eastern bank Emirates NBD will buy a 60% stake in Indian private lender RBL Bank for $3 billion, in the largest cross-border acquisition in India's financial sector. Emirates NBD will invest 268.53 billion Indian rupees...

Mideast Stocks: Saudi bourse ends 4-day winning streak on weak oil; Egypt hits record high

Saudi Arabia's stock market closed lower on Sunday, snapping a four-session winning streak due to soft oil prices, while Egypt's index reached a fresh all-time high. Saudi Arabia's benchmark index eased 0.1%, dragged lower by a 0.6% fall in Al...

Grain, cotton, and revolution: The Greek merchants that redrew the global trade map

One of the most important subtexts of global commodities trade in the modern era has been the central role of Greek merchants, usually, though not always, from the island of Chios, and often as not from a small, formerly highly endogamous set of...

Economic Summit: Bauchi Gov Reassures Diplomats On Safety Of Foreign Investments

Governor of Bauchi State, Alhaji Bala Mohammed, has reassured the diplomatic community in Nigeria of the safety and profitability of all genuine investments in the state. He urged investors across the world to explore the vast economic...

Egypt’s FM joins Sahel region roundtable at Aswan Forum

Egyptian Foreign Minister Badr Abdelatty on Sunday participated in a roundtable discussion on the Sahel region, where he stressed the need for a comprehensive approach to combating terrorism that includes developmental and ideological dimensions....

Egypt’s Forex Reserves Signal Strong Financial Stability Says Governor

Egypt’s central bank governor’s assertion of “very reassuring” foreign currency reserves rings hollow for millions of Egyptians struggling with a currency crisis that has seen the pound lose over 50% of its value since 2022. The Numbers Behind the...

Egypt’s Public Enterprise Minister discusses tourism projects with TMG

Egypt’s Minister of Public Enterprise, Mohamed Shimy, has met with Hisham Talaat Moustafa, CEO of Talaat Moustafa Group Holding (TMG), to discuss enhancing cooperation in major tourism and hotel projects, the ministry said. The meeting focused on...

Finance leaders wrap IMF-World Bank talks as trade tensions linger

International finance chiefs wrapped up their talks in Washington and are returning home with a measure of relief due to the surprising resilience of the global economy amid sweeping U.S. tariffs, but also cautious over what lies ahead. When...

US-China trade war clouds global outlook as 'new normal' emerges

WASHINGTON (Reuters) -- International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to the cascade of policy shocks through the first nine months of Donald Trump's second US...

Egypt’s Choices on the Grand Ethiopian Renaissance Dam

A new chapter in the history of the Grand Ethiopian Renaissance Dam (GERD) began with its official inauguration on September 9, 2025. The outlines of the new landscape were clear when Ethiopian Prime Minister Abiy Ahmed declared at the dam’s...