Industry minister, automakers discuss localizing car sheet metal production

Egypt’s Minister of Industry and Transport Kamel Al-Wazir has held an extensive meeting with leading steel producers and representatives from automotive and bus manufacturing and assembly companies, as part of…

Daily News Egypt

Al-Sisi ratifies amendments to Old Rent Law

Egypt’s President Abdel Fattah Al-Sisi has ratified Law No. 165/2025, amending certain provisions of Law No. 4/1996 regarding the application of the Civil Code to properties that have never been rented before,…

Daily News Egypt

Egypt’s Foreign Minister discusses Nile water security with Ugandan president

Egyptian Foreign Minister Badr Abdelatty met with Ugandan President Yoweri Museveni in Entebbe on Monday to discuss Egypt's "existential" concerns over its water security and ways to boost bilateral ties,…

Daily News Egypt

Egyptians vote in two-day Senate election with key list unopposed

Polling stations opened across Egypt on Monday for a two-day election for the country's Senate, a vote in which a major political coalition is running uncontested for the 100 seats…

Daily News Egypt

Madbouly reviews progress on carbon border adjustment to boost export competitiveness

Egypt’s Prime Minister Mostafa Madbouly has reviewed the latest developments regarding the Carbon Border Adjustment Mechanism (CBAM), which aims to enhance the competitiveness of Egypt’s national exports by aligning them…

Daily News Egypt

Egypt’s banking sector net foreign assets rise to $14.94bn in June 2025

The Central Bank of Egypt (CBE) announced that net foreign assets held by the country’s banking sector—including both the CBE and commercial banks—increased to $14.941bn (EGP 741.813bn) in June 2025, compared to…

Hossam Mounir

Israeli-imposed starvation, bombardment push Gaza death toll beyond 60,900

The Ministry of Health in Gaza announced on Monday that the death toll from Israel’s ongoing assault on the Strip has reached 60,933, with 150,027 injured since the outbreak of…

Daily News Egypt

Eight days left to benefit from tax relief, warns ETA

The Egyptian Tax Authority (ETA) has reminded taxpayers that only eight days remain to take advantage of the tax relief measures introduced under Law No. 5 of 2025, issued on 12 February…

Daily News Egypt

Electronic public procurement platform nears completion: Kouchouk

Ahmed Kouchouk, Minister of Finance, announced that Egypt’s legal framework for public procurement has earned international recognition in a recent report by the New Development Bank (NDB) of the BRICS…

Daily News Egypt

MSMEDA offers exceptional opportunities to encourage Egyptian expats to invest at home: CEO

Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), affirmed that the agency is fully committed to supporting Egyptian entrepreneurs living abroad—particularly those with professional expertise…

Daily News Egypt