Egypt’s Al-Mashat discusses economic reform, World Bank cooperation with MENA Vice President
Rania Al-Mashat, Egypt's Minister of Planning, Economic Development and International Cooperation, held a virtual meeting with Ousmane Dione, World Bank Group Vice President for the Middle East, North Africa, Afghanistan,…
Munich Airport shut down by drones for second time in 24 hours
Munich Airport was forced to close its runways on Friday evening for the second time in less than 24 hours after unidentified drones were spotted in the area, leading to…
Opinion | The Optimal Approach to Managing Hot Money Profits
In my view, imposing any new fees or taxes on profits from so-called “hot money” would be counterproductive and risk undermining the attractiveness and transparency of Egypt’s investment climate as…
Foreign assets in Egypt’s banking sector record $17.88bn in August 2025
The Central Bank of Egypt (CBE) has reported that net foreign assets (NFAs) of the Egyptian banking sector declined to $17.884bn (equivalent to EGP 870.361bn) in August 2025, compared to…
Inflation expectations still face upside risks domestically, globally: CBE
The Central Bank of Egypt (CBE) has stated that inflation expectations remain exposed to upside risks stemming from both domestic and global factors, including regulated price adjustments exceeding projections and…
Sanae Takaichi wins ruling party leadership, set to become Japan’s first female PM
Nationalist Sanae Takaichi won the leadership of Japan's ruling Liberal Democratic Party (LDP) on Monday, securing her path to become the country's first female prime minister. Takaichi defeated her more…
China dangles $1trn investment in bid to reset US trade policy: Bloomberg
China has offered the Trump administration a massive investment package potentially worth as much as $1trn in exchange for the United States easing restrictions on Chinese investments and deals, Bloomberg…
Egypt prepares for 8th Cairo Water Week with 95 international organizations set to participate
Egypt’s Ministry of Water Resources and Irrigation announced on Saturday that preparations are complete for the eighth edition of “Cairo Water Week,” scheduled to take place from October 12 to…
Saudi German Health Expands Mayo Clinic Partnership, Becomes Region’s Largest Member Group
Saudi German Health (SGH), a leading healthcare provider in the Middle East and Africa, announced a significant expansion of its relationship with Mayo Clinic, making it the largest group of…
Gaza death toll surpasses 66,000 as Israel tightens siege, ‘Freedom Flotilla’ nears coast
The death toll in Gaza has now surpassed 66,000 as Israel tightens its siege on the enclave, while the “Freedom Flotilla” carrying aid and activists moves closer to the territory’s…