Dalia Mostafa appointed vice-chairperson, managing director of National Investment Bank

The board of directors of the National Investment Bank (NIB), chaired by Ahmed Rostom, has appointed Dalia Mostafa as vice-chairperson and managing director of the bank, as part of efforts…

Daily News Egypt

National Investment Bank returns to profit with EGP 6bn in FY2024/25

The National Investment Bank (NIB) announced a significant financial turnaround, recording a net profit of EGP 6bn in the 2024/25 financial year, compared with losses of EGP 31.7bn in the…

Daily News Egypt

Egypt aims to restore global cotton standing, eyes private sector role in state textile firm revamp

Egypt is advancing plans to modernise the state-owned Holding Company for Cotton, Spinning, Weaving, and Clothing, seeking to boost private sector involvement in its operations and management to restore the…

Daily News Egypt

Egypt expands digital system to detect encroachments on waterways, infrastructure

Egypt’s Ministry of Water Resources and Irrigation is expanding a digital spatial monitoring system designed to detect encroachments and violations affecting waterways, water infrastructure and ministry-administered land at an early…

Daily News Egypt

Egypt’s Port Said welcomes cruise ship Astoria Grande on maiden visit with 414 passengers

The West Port Said port received the Palau-flagged cruise ship Astoria Grande on its maiden visit on Monday, carrying 414 passengers and 409 crew members on a voyage from Turkey,…

Daily News Egypt

Foreign ministry, Journalists Syndicate agree on regular policy briefings for Egyptian media

The Egyptian foreign ministry and the Journalists Syndicate agreed on Monday to organise regular educational events and joint training programmes to brief the press on the country's foreign policy and…

Daily News Egypt

Egypt-China trade reaches $20.8bn in 2025 as Cairo seeks to boost exports, attract further Chinese investment

Egypt-China trade reached approximately $20.8bn in 2025, with Chinese exports to Egypt accounting for nearly $19.9bn, compared with just $819m in Egyptian exports to China, Head of the Egyptian Commercial…

Daily News Egypt

Greenland’s Petermann Glacier edges closer to dangerous retreat

In the far northwest of Greenland, one of the island’s largest glaciers is showing worrying signs of change. New cracks are spreading across Petermann Glacier, warm ocean water is rapidly…

Daily News Egypt

Three hidden regions may be feeding East Africa’s volcanoes

From a distance, active and ancient volcanoes in East Africa and across the central Indian Ocean may seem isolated from one another. But they could carry signals from much deeper…

Daily News Egypt

Egypt’s tilapia remains safe for now, but pollution is narrowing margin

Across Egypt’s Nile Delta, fish farmers face an uncomfortable bargain: agricultural drainage water keeps ponds operating in a water-scarce country, yet it can also carry industrial waste, farm runoff and…

Daily News Egypt