Net foreign assets of Egypt’s banking sector rise to $22.6bn in October
The Central Bank of Egypt (CBE) announced that net foreign assets (NFAs) in the banking sector rose to $22.656bn, equivalent to EGP 1.070tn, in October 2025, compared to $20.783bn (around…
Egypt unveils ambitious strategy to boost D-8 intra-trade to $500bn by 2030
Hassan El-Khatib, Minister of Investment and Foreign Trade, reaffirmed Egypt’s commitment to completing the ratification procedures for the Preferential Trade Agreement (PTA) among member states of the Developing-8 Organisation for…
Egypt’s Health Minister leads high-level meeting to safeguard medicine, medical supply chains
Egypt’s Health Minister and Deputy Prime Minister Khaled Abdel Ghaffar chaired an expanded meeting to assess the stability of the country’s medicine and medical supplies supply chains, the Ministry of…
Egypt begins training Palestinian police as pressure mounts to accelerate Gaza reconstruction
Egypt has begun training Palestinian police officers on its territory in preparation for enabling them to assume security responsibilities in the Gaza Strip once a stable ceasefire is in place,…
CBE attracts $1.041bn in bids for USD T-bills, accepts $961m at 3.75% rate
The Central Bank of Egypt (CBE) received 19 bids totaling $1.041bn in its USD-denominated local treasury bill auction held on Monday. The offering, originally sized at $950m for a 364-day…
Egypt opens COP24 Mediterranean, urges faster transition to sustainable blue economy
Egypt on Tuesday inaugurated the 24th Meeting of the Parties to the Barcelona Convention (COP24) in Cairo, convening ministers and representatives from 21 Mediterranean countries alongside regional and international organisations…
Egypt’s Abdelatty urges deployment of international stabilisation force in Gaza during Berlin talks
Egyptian Foreign Minister Badr Abdelatty called for the rapid deployment of an international stabilisation force in Gaza to ensure a lasting ceasefire, emphasising the need to implement U.N. Security Council…
AOI, Dassault sign new partnership to advance defense industrial cooperation
Chairperson of the Arab Organization for Industrialization (AOI) Mokhtar Abdel Latif and French Ambassador to Cairo Eric Chevalier witnessed the signing of a new cooperation agreement between AOI and Dassault,…
Egypt discusses rehabilitating Iraqi factories, supplying defence equipment at EDEX 2025
Egypt has discussed the potential rehabilitation of Iraqi factories and the upgrading of production lines during high-level talks at the EDEX 2025 defence exhibition, Minister of State for Military Production…
Private Egyptian firm Tornex target drones and logistics UAVs at EDEX 2025
Egyptian defence company Tornex has unveiled a new range of unmanned aerial systems, including target drones capable of simulating enemy missiles, at the EDEX 2025 defence exhibition in Cairo. Participating…