Egypt Economy
Gold prices in Egypt's local market posted modest gains during last week's trading, with the 21-karat gram closing at EGP 6,925, even as global prices declined sharply due to US dollar strength and escalating geopolitical tensions.
Reportado por IA
SAIB Bank's 2025 results showed strong growth in its loans and credit facilities portfolio, reaching EGP 79.1bn. Total customer deposits rose to EGP 140.6bn, while total assets increased by 15% to EGP 172bn.
Egypt’s Health Minister Khaled Abdel Ghaffar announced the launch of Eva Pharma’s new Oncology and Hematology Division, a key step toward localizing advanced pharmaceutical manufacturing and bolstering national health security. The announcement came at an event in Cairo, highlighting the handling of 360,000 annual cancer cases at a cost of nearly EGP 13 billion.