Raya Holding reports 44.2% YoY surge in consolidated revenues
Raya Holding for Financial Investments, an Egyptian investment company operating across diverse high-potential sectors, announced its consolidated and standalone financial results for the fiscal year ended on 31 December 2024.…
Egypt’s Petroleum Minister meets OAPEC chief to advance Arab energy integration
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met in Cairo with Jamal Issa Al-Loughani, Secretary General of the Organization of Arab Petroleum Exporting Countries (OAPEC), to discuss advancing…
Egypt outlines EGP 327 bn investment plan for health, education in FY 2025/26
Egypt outlined a EGP 327bn public investment plan focused on health, education, scientific research, and other services for the fiscal year 2025/2026, the planning minister told parliament on Tuesday. Minister…
Industry Minister drives investment in bagasse-based products to curb imports
Deputy Prime Minister and Minister of Industry and Transport Kamel Al-Wazir chaired the 21st meeting of the Ministerial Group for Industrial Development, with participation from the Ministries of Military Production,…
PM Madbouly inspects $700m Amunet Wind Farm in Ras Ghareb
Prime Minister Mostafa Madbouly, accompanied by Minister of Electricity and Renewable Energy Mahmoud Esmat, conducted an inspection visit to the Amunet Wind Farm in Ras Ghareb to review the project's…
Egypt, Kuwait reinforce strategic ties, align on regional priorities
President Abdel Fattah Al-Sisi concluded an official visit to Kuwait on Tuesday, as part of a broader Gulf tour that also included Qatar. During the visit, he held a series…
Egyptian researchers turn eggshell waste into water purifier for Nile River
In a creative breakthrough addressing both environmental pollution and waste management, Egyptian researchers have discovered that discarded eggshells—a ubiquitous byproduct of household and commercial kitchens—can effectively purify raw water from…
Egypt repays $7.95bn in external debt over three months: CBE
The Central Bank of Egypt (CBE) announced that Egypt repaid $7.952bn in external debt service—covering both interest and principal repayments—during the first quarter (Q1) of fiscal year (FY) 2024/2025. According…
Public revenues in Egypt’s FY26 budget projected to rise 23% to EGP 3.1trn: Finance Minister
Finance Minister Ahmed Kouchouk announced that public revenues in Egypt’s draft budget for fiscal year 2025/2026 are expected to grow by 23% to reach EGP 3.1trn, while total public spending…
Gaza under siege: Hamas reviews Israeli ceasefire proposal as talks stall amid escalation
As Israeli airstrikes continue to pound the Gaza Strip, leaving mounting civilian casualties and deepening the humanitarian crisis, the Palestinian movement Hamas announced it is reviewing a new ceasefire proposal…
