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Financial Institutions
Egypt, Vietnam sign cooperation deals
Egypt and Vietnam signed a raft of cooperation agreements on Tuesday during Vietnamese President Luong Cuong’s…
Egypt’s FRA issues new solvency rules to bolster insurance sector stability
Egypt’s Financial Regulatory Authority (FRA) on Tuesday introduced new solvency margin rules aimed at strengthening…
Egypt approves EGP 2.97m payout to support informal workforce
Egypt’s Labour Minister Mohamed Gobran endorsed the disbursement of 2.966 million Egyptian pounds ($61,192) in one…
Egypt’s MSMEDA chief highlights support for expatriates to launch ventures
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) is stepping up efforts to attract…
BRICS lauds Egypt’s procurement system
Egypt’s legal framework for public procurement has been internationally recognised by the New Development Bank…
Egypt raises insurance policy limit for expatriates
Egypt’s Ministry of Foreign Affairs and the Financial Regulatory Authority (FRA) signed a cooperation protocol on…
Egypt boosts insurance benefits for expatriates under new deal
Egypt has signed on Sunday a cooperation protocol to expand and enhance life and disability insurance coverage for…
US imposes sweeping sanctions on Iran-linked network
The US Treasury Department has imposed sanctions on more than 115 Iran-linked individuals, entities, and vessels in…
Egypt’s EGPC receives $1.455b from ITFC in ’25
The Egyptian General Petroleum Corporation (EGPC) received $1.455 billion in financing from the International…
Federal Reserve maintains interest rates
The US Federal Reserve on Wednesday July 30, 2025, decided to maintain the target range for the federal funds rate…