Bricks vs. Bullion: How Expiring Bank Certificates are Fuelling Egypt’s Real Estate Boom

For Egypt’s investment class, the start of 2026 marks a decisive pivot in the battle for capital preservation. As high-yield savings certificates reach their maturity dates and the global gold…

Daily News Egypt

Spinneys Egypt Strengthens Presence with 35th Store Opening in New Cairo

Spinneys Egypt has officially opened its newest store at The Gray mall in First Settlement, New Cairo, marking another milestone in the company’s ambitious expansion strategy.   The new store,…

Daily News Egypt

Gold prices fall sharply in Egypt as global markets retreat from record highs

Gold prices in the Egyptian market fell sharply on Saturday as global rates retreated from record highs following the nomination of Kevin Warsh as the next US Federal Reserve Chair.…

Daily News Egypt

Egypt’s Finance Ministry seeks to align international aid with fiscal reform priorities

Egypt is seeking to align international development support with state fiscal reform priorities to maximise the effectiveness of technical and financial aid, Deputy Finance Minister for Fiscal Policy Yasser Sobhi…

Daily News Egypt

Middle East Green Initiative backs land restoration, $12 bln pledged to fight desertification

Egypt’s acting environment minister Manal Awad said on Saturday that the ministerial declaration issued after the second meeting of the Middle East Green Initiative’s ministerial council reaffirmed member states’ commitment…

Daily News Egypt

Egypt and Rwanda agree executive action plan for water management projects

Egypt and Rwanda have signed an executive action plan to activate a bilateral memorandum of understanding on water resources management and irrigation, Egypt’s water ministry said on Saturday. The agreement…

Daily News Egypt

Finance Ministry plans local debt tenders worth EGP 843bn in February

Egypt’s Ministry of Finance has announced plans to issue local debt instruments worth EGP 843bn in February 2025, as part of a broader plan published on the ministry’s official website.…

Hossam Mounir

Opinion | The Grand Barter: Accounting Ambition vs. Strategic Stability

Protecting the Suez Canal as a sovereign asset and the Central Bank of Egypt (CBE) as the guardian of monetary policy requires both to remain on strictly independent tracks. At…

Mohamed Abdel Aal

Egyptian bank assets climb to EGP 24.8trn as household deposits lead growth

The aggregate balance sheet of banks operating in the local market — excluding the central bank — rose to EGP 24.752trn by end-August 2025, compared with EGP 24.275trn by end-June…

Hossam Mounir

Egypt’s FM hosts African Union representatives to discuss trade corridors and regional stability

Egypt hosts African Union representatives to discuss trade corridors and regional stability as Foreign Minister Badr Abdelatty reaffirmed Cairo's commitment to the African Union’s founding principles of state sovereignty and…

Daily News Egypt