EU to disburse €1bn to Egypt as Al-Sisi, Kallas reaffirm strategic partnership

The European Union will disburse €1bn in macro-financial assistance to Egypt to support its economy and reform agenda, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas said,…

Daily News Egypt

Trump’s Greenland ambitions threaten to freeze EU-US trade deal amid Arctic standoff

In the wood-panelled corridors of the European Parliament, a long-simmering trade truce between Brussels and Washington is beginning to crack, chilled by the winds blowing from the far north. What…

Daily News Egypt

Iran protests 2026: Military deploys as economic crisis grips Tehran

The orange flicker of burning rubbish bins illuminated the debris-strewn streets of Saadat Abad on Friday night as thousands of people gathered in the cold. In the northern Tehran district,…

Daily News Egypt

The Egyptian Pound in 2026: A Delicate Balance between Support and Resistance

The outlook for the Egyptian pound in 2026 is shaped by a complex interplay of supportive forces and resistance factors, creating a landscape rich in opportunity but fraught with risk.…

Mohamed Abdel Aal

Banking sector’s local liquidity rises to EGP 13.85trn in November 2025

The Central Bank of Egypt (CBE) reported an increase in local liquidity within the banking sector, which rose to EGP 13.853trn in November, up from EGP 13.686trn in October 2025.…

Hossam Mounir

Egypt’s net international reserves rise by $4.3bn in 2025

Egypt’s net international reserves increased by approximately $4.343bn during 2025, reaching $51.452bn by the end of December, compared to $47.109bn at the end of December 2024, according to data released…

Hossam Mounir

The Cost of Roof Upgrades: A Comprehensive Financial Guide

Let's face it: thinking about your roof probably isn't your favorite pastime. It’s just… there. Until it isn’t. Then, you're suddenly lost in a maze of contractor lingo, bewildering material…

Daily News Egypt

International Consultant Mohamed El-Lethey Proposes 9 Comprehensive Strategies for Egypt to Navigate EU CBAM and Boost Export Competitiveness in 2026

The European Union's Carbon Border Adjustment Mechanism (CBAM) entered full enforcement on Thursday, placing carbon tariffs on Egypt's major exports to the bloc—worth $14 billion in the 2024/25 fiscal year.…

Daily News Egypt

Egypt Golf Series 2026 launched with 13 tournaments and $750,000 prize pool

The Egyptian Golf Federation has announced the launch of the "Egypt Golf Series 2026," a 13-tournament international professional circuit scheduled between January and April 2026 with a total prize fund…

Daily News Egypt

Egypt to host 13 golf tournaments to drive tourism revenue growth: Omar Hisham

Egypt will host 13 international golf tournaments over the next four months, a move projected to significantly increase tourism revenues, Egyptian Golf Federation President Omar Hisham Talaat said on Wednesday.…

Daily News Egypt