Egypt launches new water year with expanded reuse, digital transformation, and climate resilience projects
Egypt launched its 2026-2027 water year on Saturday after implementing a wide-ranging programme to modernise water management, including major projects for agricultural drainage water reuse, infrastructure rehabilitation, digital transformation, and…
Saudi German Hospital expands in Alexandria, targets Gulf fertility tourism through Conceive partnership
Saudi German Hospital (SGH) is planning to invest in a new medical complex in Alexandria comprising 35 outpatient clinics, a physiotherapy centre, a diagnostic laboratory, an imaging centre and an…
Al-Sisi, Macron discuss regional tensions, agree to deepen Egypt-France coordination
Egyptian President Abdel Fattah Al-Sisi and French President Emmanuel Macron discussed the US-Iran war and developments in Lebanon, Libya and the occupied Palestinian territories during a phone call on Saturday,…
Egypt’s investment fund assets jumps 14.7% to EGP 470.9bn in June 2026: FRA
The Financial Regulatory Authority (FRA) said Egypt's investment fund industry continued its strong expansion during the second quarter (Q2) of 2026, with net assets, assets under management, fund units and…
CBE leads publication of Africa’s first Financial Stability Report covering 46 countries
The Central Bank of Egypt (CBE), in its capacity as chair of the African Financial Stability Report Working Group (AFSR-WG), has led the preparation and publication of the first African…
Assets of banks in Egypt rise to EGP 26.887trn in Q1 2026
The combined balance sheet of banks operating in Egypt, excluding the Central Bank of Egypt (CBE), expanded by EGP 2.765trn during the first quarter (Q1) of 2026, reaching EGP 26.887trn…
SIS monitors foreign media coverage of Damietta Port incident, urges reliance on official sources
Egypt's State Information Service (SIS) announced it is closely monitoring foreign media coverage regarding the incident at Damietta Port, aiming to ensure the dissemination of accurate information. The SIS emphasized…
IMF board approves $1.8bn disbursement for Egypt following seventh review
The IMF board approved a $1.8bn disbursement for Egypt following the seventh review under its Extended Fund Facility (EFF) arrangement and the second review under its Resilience and Sustainability Facility…
Gaza committee ready to restore services and govern following Hamas disarmament roadmap
The Gaza National Administration Committee welcomed a newly announced roadmap for the gradual disarmament of Palestinian factions alongside an Israeli withdrawal, declaring its full readiness to assume governance of the…
Iran’s Araghchi warns against Israeli plots following drone attack on Damietta port
Iran’s Foreign Minister Abbas Araghchi warned against alleged Israeli "false-flag operations" designed to undermine regional peace, following a denial by Yemen's Houthi group that it was involved in a recent…