Egypt moves to close Obour landfill, convert site into green park
Egypt’s Ministry of Local Development and Environment said on Sunday it has begun implementing a plan to close and rehabilitate the Obour landfill east of Cairo, with part of the…
Military Production Ministry targets energy efficiency without disrupting output
Minister of State for Military Production Salah Gomaa has chaired a meeting with the boards of directors of companies and units affiliated with the ministry to review financial performance for…
Egypt’s gold prices jump nearly 5% in single week on global rally, FX volatility
Gold prices in Egypt posted a sharp increase over the past week, supported by rising global prices and continued fluctuations in the exchange rate of the U.S. dollar against the…
East Port Said receives largest-ever dry bulk vessel at Egyptian port
The Suez Canal Economic Zone (SCZONE) has announced the arrival of the vessel MV PAROSHIP at East Port Said Port, marking the largest dry bulk carrier ever to berth at…
Egypt steps up efforts to build business trust through tax reforms: Finance Minister
Minister of Finance Ahmed Kouchouk said the government is intensifying efforts to build trust with the business community through tangible facilitation measures, as part of a broader push to modernise…
Egypt’s banking sector NFA falls to $27.4bn in February: CBE
The Central Bank of Egypt (CBE) said net foreign assets (NFA) of the banking sector declined by around 7.1% in February 2026 to $27.39bn, down from $29.51bn in January, reflecting…
Moroccan Prime Minister arrives in Cairo for first session of joint coordination committee
Egypt and Morocco on Sunday launched the first session of a joint coordination and follow-up committee, a move officials said establishes a new stage of bilateral relations aimed at achieving…
Egypt FM says attracting foreign direct investment is top government priority
Egypt’s Foreign Minister Badr Abdelatty said on Sunday that attracting foreign direct investment constitutes a top priority for the Egyptian government, as the country seeks to deepen its economic partnership…
Trump threatens Iranian infrastructure as Egypt intensifies de-escalation push
U.S. President Donald Trump escalated his rhetoric against Iran on Sunday, warning that power plants and bridges could be targeted if Tehran continues to keep the Strait of Hormuz closed,…
Madbouly reviews strategic commodity stocks, wheat supply, and fiscal planning
Prime Minister Mostafa Madbouly held a series of high-level meetings on Sunday to assess Egypt’s preparedness on strategic commodities, the current local wheat supply season, and financial planning for the…