Suez Canal irrigation system avoids water shortages during peak season: Minister
Water Resources and Irrigation Minister Hani Sewilam said on Monday that the Suez Canal irrigation network passed the peak water-demand season without any recorded shortages of irrigation or drinking water,…
Egypt records 490k real estate tax filings covering more than 830k properties
Egypt’s newly introduced facilities for real estate taxpayers have gained significant traction, with taxpayers creating more than 612,000 electronic accounts and filing 490,000 tax declarations through a dedicated mobile application…
Egyptian foreign minister praises ties with Somalia, warns against violating its sovereignty
Egyptian Foreign Minister Badr Abdelatty praised the significant development in ties with Somalia and warned against any unilateral measures that could compromise or diminish the country's sovereignty, during talks with…
Egyptian exports rise 37.4% to $5bn in June 2026
Egyptian exports rose by 37.4% year-on-year in June 2026, reaching $5bn, compared with $3.6bn in June 2025, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). In its…
CIB completes EGP 1.383bn securitisation issuance for Egypt’s MSMEDA
Commercial International Bank - Egypt (CIB) has successfully completed the first EGP 1.383bn securitisation issuance for Capital Securitization Company on behalf of the Micro, Small and Medium Enterprises Development Agency…
FRA approves four companies to conduct non-banking activities using fintech
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has granted four companies approval to conduct a number of non-banking financial activities using financial technology (fintech), through its Committee for…
Egypt discusses stronger cooperation with Americana Foods
Egypt’s Planning and Economic Development Minister Ahmed Rostom held a meeting with Vijay Krishnan, Chief Financial Officer of Americana Foods, and Saqib Awan, the group’s General Counsel and Company Secretary,…
Egypt to continue offering stakes in state-owned firms to boost private sector, PM says
Egypt will continue implementing its government offering programme by selling stakes in state-owned companies to increase private sector participation in the economy, Prime Minister Mostafa Madbouly stated. The planned…
Inflammatory bowel disease cases rise across tropics, but map tells only part of story
A new study suggests that inflammatory bowel disease (IBD) in tropical countries cannot be understood by geography alone. Being located between the Tropics of Cancer and Capricorn does not mean…
Waste cooking oil could help power diesel engines with lower emissions
A new Egyptian study suggests that waste cooking oil, often discarded as a household or restaurant waste product, could be converted into a useful fuel for diesel engines when carefully…