Global rating agencies begin upgrading Egypt’s economic outlook: Finance Minister

Egypt’s Minister of Finance, Ahmed Kouchouk, announced that Standard & Poor’s (S&P) has upgraded Egypt’s credit rating from “B–” to “B” for the first time in seven years, maintaining a…

Daily News Egypt

Egypt, EU discuss CBAM impact, green transition cooperation

Egyptian Minister of Planning Rania Al-Mashat has met with the European Union's Commissioner for Environment, Water Resilience, and competitive Circular Economy, Jessika Roswall, to discuss the implementation of the EU's…

Daily News Egypt

Egypt’s Al-Mashat, EBRD president discuss cooperation at Global Gateway Forum

Egyptian Minister of Planning and International Cooperation Rania Al-Mashat has met with the president of the European Bank for Reconstruction and Development (EBRD) to discuss their cooperation portfolio, with a…

Daily News Egypt

France’s Lecornu reappointed prime minister days after resigning

French President Emmanuel Macron on Friday reappointed Sébastien Lecornu as prime minister and tasked him with forming a new government, in a high-stakes bid to end weeks of political crisis…

Daily News Egypt

North Korea displays new ‘Hwasong-20’ ICBM at major military parade

North Korean leader Kim Jong Un has overseen a major military parade showcasing a new intercontinental ballistic missile (ICBM), with senior foreign dignitaries in attendance, to mark the 80th anniversary…

Daily News Egypt

Egypt promotes new economic model to European partners in Brussels

Egyptian Minister of Planning Rania Al-Mashat has launched the English version of the executive summary of "Egypt's Narrative for Economic Development: Reforms for Growth, Jobs & Resilience" during the Global…

Daily News Egypt

Trump declares 100% tariffs on China, sending global markets tumbling

US President Donald Trump has announced that the United States will impose an additional 100% tariff on all imports from China starting 1 November, a dramatic escalation of the trade…

Daily News Egypt

Gaza peace summit in Sharm El-Sheikh: Top Egyptian, US diplomats discuss arrangements

Egyptian Foreign Minister Badr Abdelatty and US Secretary of State Marco Rubio on Friday discussed arrangements for an upcoming summit in Sharm El-Sheikh on the Gaza conflict, Egypt's foreign ministry…

Daily News Egypt

Egypt unearths New Kingdom military fortress on Horus’s Way in Sinai

The Egyptian archaeological mission at the ancient site of Tell el-Kharrouba, in the Sheikh Zayed area of North Sinai, has unveiled a significant military fortress from the New Kingdom era.…

Daily News Egypt

saib participates in EGP 2.1bn syndicated loan for Tameer Developments’ Azad Views project

Saib Bank has joined a consortium of banks to arrange and underwrite a syndicated loan worth EGP 2.1bn for Tameer Real Estate Developments, aimed at financing part of the investment…

Daily News Egypt