Egypt raises $6bn from 19 state exit deals amid regional war, PM says

Egypt has raised approximately $6bn through the execution of 19 full and partial state exit deals, achieving 48% of its $12.2bn target under the government’s offering programme up to June…

Daily News Egypt

Egypt pitches itself as gateway to Middle East, Africa for Finnish investors

Egyptian Prime Minister Mostafa Madbouly has pitched his country as a strategic gateway to the Middle East and Africa for Finnish investors, urging them to explore opportunities in priority sectors…

Daily News Egypt

France backs Egypt’s IMEC entry, readies migration pact at first strategic dialogue

France formally backed Egypt's inclusion in the India-Middle East-Europe Economic Corridor (IMEC) and the two nations agreed to finalise a bilateral migration agreement in the coming weeks, officials announced following…

Daily News Egypt

Egypt-US ties defy political shifts as Cairo courts American investment

Despite mounting geopolitical tensions in the Middle East and ongoing shifts in the global economy, Egypt and the United States continue to anchor a resilient strategic partnership that extends well…

Daily News Egypt

Oil and gas prices surge as Iran re-closes Strait of Hormuz

Oil and European natural gas prices surged after Tehran re-closed the Strait of Hormuz and fired on vessels following the US Navy's seizure of an Iranian ship, halting all shipping…

Daily News Egypt

US-Iran talks hang in balance as mistrust complicates Pakistan diplomacy

Diplomatic efforts to stabilise the ceasefire between the United States and Iran entered a delicate phase on Monday, as both sides sent mixed signals over the prospects of a new…

Daily News Egypt

PM Madbouly reviews fuel financing, stock levels with finance, petroleum ministers

Prime Minister Mostafa Madbouly convened a meeting this morning at the government headquarters in the New Administrative Capital with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim Badawi to review…

Daily News Egypt

Al-Sisi tells US envoy water security is ‘existential’, calls for end to Sudan war

Egyptian President Abdel Fattah Al-Sisi has told a senior US adviser that Egypt’s water security is an “existential issue”, underscoring that Cairo will not compromise on its vital water interests,…

Daily News Egypt

Keller Williams expands into Egypt with master franchise agreement

Keller Williams Realty (KW), one of the world’s largest real estate franchise networks by agent count, has announced its entry into the Egyptian market as part of its ongoing international…

Daily News Egypt

Biography’s EGP 20bn ‘101’ project in Mostakbal City records rapid construction progress

Biography, a subsidiary of El Attal Holding, has announced notable progress in the construction of its “101” residential project in Mostakbal City, following a media site visit organised to showcase…

Daily News Egypt