CIB, Suez Canal Bank arrange EGP 4.4bn syndicated facility for Al Ahly Sabbour’s Summer project
Al Ahly Sabbour Developments has signed a long-term syndicated financing agreement worth EGP 4.4bn with Commercial International Bank - Egypt (CIB) and Suez Canal Bank to finance the development of…
Egypt’s FM urges regional de-escalation in talks with Qatari, Iranian, and Omani counterparts
Egyptian Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty held talks with his Qatari, Iranian, and Omani counterparts to urge regional de-escalation, ensure freedom of maritime navigation,…
Egypt explores partnership with DP World to expand global reach of exports
Mohamed Farid, Minister of Investment and Foreign Trade, held an extensive meeting with a delegation from Dubai-based DP World, led by Mohamed Shehab, Chief Executive Officer for Egypt and the…
Foreign minister outlines Egypt’s 2026-2031 national human rights strategy to European Parliament delegation
Egypt is currently drafting its second five-year National Human Rights Strategy for the 2026-2031 period to consolidate the values of democracy, citizenship, and the rule of law, Minister of Foreign…
Egypt issues statement backing Saudi Arabia after Houthi naval blockade threat
Egypt issued a statement on Tuesday strongly condemning threats by Yemen's Houthis to impose a naval blockade on Saudi Arabia, describing the move as an irresponsible escalation that undermines regional…
Egypt to launch sovereign industrial, African investment funds to drive economic growth
Egypt will launch a sovereign-led industrial investment fund to enhance manufacturing capabilities and boost exports, alongside a separate fund targeting private sector investments in Africa, Minister of Investment and Foreign…
Trump threatens strike on Iranian nuclear-linked site as Houthis widen Red Sea shipping confrontation
US President Donald Trump on Tuesday threatened to launch a new strike on a heavily fortified Iranian site linked to Tehran's nuclear programme and warned that Washington would respond decisively…
Saudi German Hospital Alexandria, Conceive Center partner to boost Egypt’s medical tourism
Saudi German Hospital - Alexandria and Conceive Center for IVF and Infertility Treatment will sign a cooperation protocol on 30 July as part of efforts to strengthen Egypt's position as…
Egypt develops 39 new cities over past decade under urban expansion strategy: Deputy housing minister
Egypt has developed 39 new cities over the past decade as part of its urban expansion strategy, with the New Administrative Capital emerging as the country's flagship smart city and…
Egypt steps up groundwater monitoring in South Sinai, reviews flood protection projects
Egypt's Ministry of Water Resources and Irrigation has agreed with South Sinai Governorate to strengthen oversight of groundwater use, continue surveying unlicensed wells, and review flood protection and coastal development…