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# Dailynewsegypt

Egypt’s Only Daily Independent Newspaper In English

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## Posts

- [Blog](https://www.dailynewsegypt.com/blog/)
- [Отзывы беттеров о 1xbet зеркало рабочее на сегодня](https://www.dailynewsegypt.com/2026/02/06/otzyvy-betterov-o-1xbet-zerkalo-rabochee-na-segodnia/) - Отзывы беттеров о 1xbet зеркало рабочее на сегодняВ данной статье мы рассмотрим отзывы беттеров о рабочем зеркале 1xbet на сегодняшний день. Клиенты ставят высокие оценки данному букмекеру за его удобство, разнообразие ставок и большую линию. Тем не менее, важно понимать, что не все мнения оказываются положительными. Мы проанализируем как положительные, так и негативные отзывы, чтобы
- [Навигация по функциям в 1хбет: скачать приложение](https://www.dailynewsegypt.com/2026/02/06/navigatsiia-po-funktsiiam-v-1khbet-skachat-prilozhenie/) - Навигация по функциям в 1хбет: скачать приложениеСкачивание и использование приложения 1хбет предоставляет пользователям множество преимуществ, включая легкий доступ к ставкам, бонусам и эксклюзивным предложениям. В данной статье мы рассмотрим основные функции приложения 1хбет и то, как эффективно ими пользоваться после скачивания. Разберем, как быстро перейти к необходимым разделам и воспользоваться всеми возможностями, которые предлагает данный
- [GAFI participates in Egypt-Türkiye Business Forum to boost economic partnership](https://www.dailynewsegypt.com/2026/02/04/gafi-participates-in-egypt-turkiye-business-forum-to-boost-economic-partnership/) - Mohamed El-Gawsaky, CEO of the General Authority for Investment and Free Zones (GAFI), said Egypt offers a strong and stable investment environment, supported by comprehensive economic reforms and clear policies aimed at streamlining procedures, reducing costs, enhancing transparency and facilitating access to European, African and Middle Eastern markets. El-Gawsaky said these advantages position Egypt as
- [Egypt-Türkiye trade exchange reaches $6.8bn in 2025: CAPMAS](https://www.dailynewsegypt.com/2026/02/04/egypt-turkiye-trade-exchange-reaches-6-8bn-in-2025-capmas/) - Trade exchange between Egypt and Türkiye rose to $6.8bn in 2025, up from $6.6bn in 2024, according to data released by the Central Agency for Public Mobilisation and Statistics (CAPMAS). The figures were published on Wednesday in conjunction with President Abdel Fattah El-Sisi’s meeting with Turkish President Recep Tayyip Erdogan, as part of efforts to
- [Al-Sisi, Erdogan elevate ties with new agreements, target $15bn in trade exchange](https://www.dailynewsegypt.com/2026/02/04/al-sisi-erdogan-elevate-ties-with-new-agreements-target-15bn-in-trade-exchange/) - Egyptian President Abdel Fattah Al-Sisi received his Turkish counterpart Recep Tayyip Erdogan in Cairo on Wednesday, where the two leaders co-chaired the second meeting of the High-Level Strategic Cooperation Council between Egypt and Türkiye, signing a joint statement and a series of agreements and memoranda of understanding spanning defence, trade and investment, health, agriculture and
- [Majd El Qassem: Music saves me; ‘Shou Helou’ brings joy back to scene](https://www.dailynewsegypt.com/2026/02/04/majd-el-qassem-music-saves-me-shou-helou-brings-joy-back-to-scene/) - Balancing melancholy and romance, memory and emotion, Syrian singer Majd El Qassem continues a musical journey spanning more than three decades, firmly establishing himself as one of the most expressive dramatic voices in Arab music. Shaped by experience and emotional honesty, his voice has carried timeless songs and deeply felt “mawwals”—the traditional, slow-paced, emotionally charged
- [Serenity launches ‘Serene’ memorial gardens project in Egypt’s New Capital](https://www.dailynewsegypt.com/2026/02/02/serenity-launches-serene-memorial-gardens-project-in-egypts-new-capital/) - Serenity for Investment & Real Estate Management has officially launched its operations as Egypt’s first specialised developer focused on the development and management of memorial gardens, unveiling its inaugural project, Serene, in partnership with the Administrative Capital for Urban Development (ACUD). The Serene project will be developed over an initial phase covering 58 feddans and
- [CBE governor, IMF chief discuss economic reform programme at Arab Public Finance Forum](https://www.dailynewsegypt.com/2026/02/04/cbe-governor-imf-chief-discuss-economic-reform-programme-at-arab-public-finance-forum/) - Hassan Abdalla, Governor of the Central Bank of Egypt, met with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), to discuss the progress of Egypt’s economic reform programme and the country’s latest macroeconomic indicators. The meeting took place on the sidelines of the 10th Arab Public Finance Forum in Dubai, held under the
- [Egypt discusses water infrastructure projects, Kitchener Drain development with EBRD](https://www.dailynewsegypt.com/2026/02/04/egypt-discusses-water-infrastructure-projects-kitchener-drain-development-with-ebrd/) - Egypt’s Minister of Water Resources and Irrigation Hani Sewilam met officials from the European Bank for Reconstruction and Development (EBRD) on Wednesday to discuss strengthening cooperation on water and sustainable infrastructure projects, the ministry said. The meeting was attended by Aida Sitdikova, EBRD’s Director of Sustainable Infrastructure for the Middle East and Africa, and Mark
- [IFC to invest $1.2bn in Egypt during FY2026](https://www.dailynewsegypt.com/2026/02/04/ifc-to-invest-1-2bn-in-egypt-during-fy2026/) - The International Finance Corporation (IFC) plans to invest around $1.2bn in Egypt during the current fiscal year 2026, up from $915m in the previous fiscal year, according to Cheick Oumar Sylla, IFC Director for North Africa and the Horn of Africa. Speaking at the World Bank conference titled “Multilateral Development Projects: Procurement Readiness and Opportunities
- [Egypt, Sweden discuss expanding healthcare cooperation, digital transformation](https://www.dailynewsegypt.com/2026/02/04/egypt-sweden-discuss-expanding-healthcare-cooperation-digital-transformation/) - Egypt’s Minister of Health and Population Khaled Abdel Ghaffar met a delegation of Swedish healthcare company representatives, led by Sweden’s Minister for Health Elisabeth Laan, to explore ways to strengthen bilateral cooperation and expand healthcare and investment partnerships, the health ministry said. The meeting, held at the ministry’s headquarters in Egypt’s New Administrative Capital, underscored
- [FRA, CBE discuss boosting support for small businesses, women entrepreneurs](https://www.dailynewsegypt.com/2026/02/04/fra-cbe-discuss-boosting-support-for-small-businesses-women-entrepreneurs/) - The Financial Regulatory Authority (FRA) held a coordination meeting with the Central Bank of Egypt (CBE) to discuss mechanisms for strengthening cooperation to raise financial inclusion levels and expand access to financial services, as well as to advance programmes supporting small businesses and the economic empowerment of women. The meeting reflected growing integration between the
- [Opinion | Britain, Canada, and China: Trump’s Tariff Strategy and the Fracturing West](https://www.dailynewsegypt.com/2026/02/04/opinion-britain-canada-and-china-trumps-tariff-strategy-and-the-fracturing-west/) - In late January 2026, the latest escalation in U.S. trade rhetoric was not merely another episode in a familiar cycle of tensions. Rather, it signalled a deeper shift in how the United States is managing its relationships with its closest allies. British Prime Minister Keir Starmer’s visit to Beijing—and the economic agreements and trade facilitation
- [MAG Group expands Africa footprint through mining, infrastructure projects](https://www.dailynewsegypt.com/2026/02/04/mag-group-expands-africa-footprint-through-mining-infrastructure-projects/) - MAG Group for Investment and Trade has announced the expansion of its operations across several African countries, following the signing of new agreements with Chad, Sierra Leone, and Burkina Faso. The agreements cover projects in infrastructure, mining, as well as medical and development sectors, as part of broader efforts to strengthen economic cooperation between Egypt
- [4th MENA Golf Tour event launches in Madinaty as part of Egypt Golf Series](https://www.dailynewsegypt.com/2026/02/03/4th-mena-golf-tour-event-launches-in-madinaty-as-part-of-egypt-golf-series/) - The event, running until 5 Nov, and carries a total prize fund of $100,000. It marks the fourth stop for the MENA Golf Tour within the Egypt Golf Series.
- [Siemens Healthineers discusses new oncology centres, radiotherapy expansion in Upper Egypt](https://www.dailynewsegypt.com/2026/02/03/siemens-healthineers-discusses-new-oncology-centres-radiotherapy-expansion-in-upper-egypt/) - Egypt’s Minister of Health Khaled Abdel Ghaffar met executives from Siemens Healthineers Egypt on Tuesday to discuss proposals to establish specialised oncology and radiotherapy centres and expand cooperation on upgrading diagnostic and treatment services, the health ministry said. Abdel Ghaffar emphasised the importance of public–private partnerships in strengthening Egypt’s healthcare system, particularly in cancer care
- [Egypt condemns Sudan "atrocities" and rejects unilateral Nile water actions during Cairo talks](https://www.dailynewsegypt.com/2026/02/03/egypt-condemns-sudan-atrocities-and-rejects-unilateral-nile-water-actions-during-cairo-talks/) - Egypt’s Foreign Minister Badr Abdelatty condemned "horrific atrocities and violations" in Sudan's El Fasher and Kordofan on Tuesday, while calling for an immediate, comprehensive ceasefire and the establishment of unhindered humanitarian access. During a meeting in Cairo with Sudanese Minister of Foreign Affairs and International Cooperation Mohieddin Salem, Abdelatty reaffirmed Egypt’s rejection of any attempts
- [Erdogan to visit Egypt for talks on bilateral ties, Palestinian issue](https://www.dailynewsegypt.com/2026/02/03/erdogan-to-visit-egypt-for-talks-on-bilateral-ties-palestinian-issue/) - Turkish President Recep Tayyip Erdogan will travel to Egypt on Wednesday for talks covering bilateral cooperation and regional developments, including the Palestinian issue, Türkiye’s ambassador to Cairo Salih Mutlu Şen said. Şen said Erdogan will begin the trip with a visit to Saudi Arabia on Tuesday at the invitation of Crown Prince Mohammed bin Salman. Discussions
- [Egypt, Sweden sign health cooperation MoU to enhance medical services](https://www.dailynewsegypt.com/2026/02/03/egypt-sweden-sign-health-cooperation-mou-to-enhance-medical-services/) - Prime Minister Mostafa Madbouly on Tuesday witnessed the signing of a Memorandum of Understanding (MoU) between Egypt and Sweden aimed at enhancing bilateral cooperation in the health and medical fields. The MoU was signed between Egypt’s Ministry of Health and Population and Sweden’s Ministry of Health and Social Affairs. Khaled Abdel Ghaffar, Deputy Prime Minister
- [Octane launches O-Tolls, Egypt’s first digital toll, truck-weighing payment solution](https://www.dailynewsegypt.com/2026/02/03/octane-launches-o-tolls-egypts-first-digital-toll-truck-weighing-payment-solution/) - Octane, a digital payments platform focused on streamlining vehicle-related expenses in Egypt, has launched O-Tolls in collaboration with the National Company for Roads Building and Development, the company said. With the new service, Octane becomes the first company in Egypt to digitise toll gate and truck-weighing payments for light, medium and heavy-duty vehicles nationwide, using
- [Egypt says effective climate policy must be grounded in science as it advances National Adaptation Plan](https://www.dailynewsegypt.com/2026/02/03/egypt-says-effective-climate-policy-must-be-grounded-in-science-as-it-advances-national-adaptation-plan/) - Egypt’s Acting Minister of Environment Manal Awad said on Tuesday that “there can be no effective climate policy without a solid scientific foundation,” stressing that Egypt is moving ahead with its National Adaptation Plan (NAP) with support from the Green Climate Fund and in partnership with the United Nations Development Programme (UNDP). Awad made the
- [Egyptian retail chains to launch ‘Ahlan Ramadan’ discount sections as producers freeze prices](https://www.dailynewsegypt.com/2026/02/03/egyptian-retail-chains-to-launch-ahlan-ramadan-discount-sections-as-producers-freeze-prices/) - Egyptian retail chains will launch dedicated "Ahlan Ramadan" sections across all branches next week, following a government agreement with food producers to freeze or lower commodity prices, Minister of Supply and Internal Trade Sherif Farouk said on Tuesday. The move, aimed at ensuring market stability ahead of the holy month, follows an extensive meeting between
- [Egypt aims to double $12bn annual FDI through sweeping economic reforms, El-Khatib says](https://www.dailynewsegypt.com/2026/02/03/egypt-aims-to-double-12bn-annual-fdi-through-sweeping-economic-reforms-el-khatib-says/) - Egypt currently attracts an average of $12bn in foreign direct investment (FDI) annually and has the capacity to double this figure through ongoing structural reforms, Minister of Investment and Foreign Trade Hassan El-Khatib said. Speaking during a meeting with a delegation from Moody's Ratings, which included Matt Robinson, Associate Managing Director of Sovereign Risk, and
- [Egypt’s ready-made garments exports to Europe surge 180% over five years](https://www.dailynewsegypt.com/2026/02/03/egypts-ready-made-garments-exports-to-europe-surge-180-over-five-years/) - Egypt’s ready-made garments exports to Europe have recorded a sharp increase of 180% over the past five years, reflecting the sector’s growing integration into global supply chains, according to the Apparel Export Council of Egypt (AECE). As part of its strategic efforts to strengthen Egypt’s position as a competitive sourcing destination, the Council—chaired by Fadel
- [MSMEDA extends EGP 400m SME financing to Banque du Caire](https://www.dailynewsegypt.com/2026/02/03/msmeda-extends-egp-400m-sme-financing-to-banque-du-caire/) - Banque du Caire has signed a new EGP 400m financing agreement with the Micro, Small and Medium Enterprises Development Agency (MSMEDA) to support small and medium enterprises (SMEs) across Egypt through the bank’s nationwide branch network. The agreement aligns with Banque du Caire’s strategy to promote financial inclusion and expand financing directed to the SME
- [Egypt seeks industrial integration with Türkiye to boost joint manufacturing: Finance Minister](https://www.dailynewsegypt.com/2026/02/03/egypt-seeks-industrial-integration-with-turkiye-to-boost-joint-manufacturing-finance-minister/) - Ahmed Kouchouk, Minister of Finance, said Egypt is seeking deeper economic integration with Türkiye that would enable joint manufacturing and exporting to global markets, highlighting the complementary nature of both countries’ economic capabilities. Speaking during an open video-conference dialogue with 250 leading Turkish investors participating in the meeting of the Egyptian and Turkish chambers of
- [World Bank, Egypt review $200m Cairo pollution project and green growth strategy](https://www.dailynewsegypt.com/2026/02/03/world-bank-egypt-review-200m-cairo-pollution-project-and-green-growth-strategy/) - The World Bank and Egypt have reviewed the progress of the $200m Greater Cairo Air Pollution Management Project alongside a broader green growth strategy, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Tuesday. The air pollution project, which is supplemented by a $9.3m grant from the Global Environment Facility, aims to
- [Cairo seeks private investment in water utility lands for tourism and commercial development](https://www.dailynewsegypt.com/2026/02/03/cairo-seeks-private-investment-in-water-utility-lands-for-tourism-and-commercial-development/) - Egypt plans to offer land owned by its water and sanitation utility to private investors for the construction of hotels, commercial units, and solar power plants to secure sustainable funding for infrastructure maintenance, the cabinet said on Tuesday. Prime Minister Mostafa Madbouly chaired a meeting in the New Administrative Capital to review procedures for developing
- [Opinion | There Will Be No Victor in a War on Iran](https://www.dailynewsegypt.com/2026/02/03/opinion-there-will-be-no-victor-in-a-war-on-iran/) - The drums of war are beating faster across the Gulf, even as Cairo leads a marathon of diplomatic efforts aimed at defusing an imminent confrontation between Washington and Tehran—a confrontation that would plunge the region into prolonged instability, with catastrophic repercussions lasting for years. In a scene reminiscent of classic “brinkmanship,” President Donald Trump continues
- [Opinion | The Holocaust: Why Do We Deny What Was Acknowledged?](https://www.dailynewsegypt.com/2026/02/03/opinion-the-holocaust-why-do-we-deny-what-was-acknowledged/) - When you visit Berlin, you realise that the past is not buried underground; it walks beside you. During my visit to Sachsenhausen concentration camp, I stood before the iron gate bearing the deceptive inscription “Arbeit macht frei”, “Work sets you free.” I have rarely encountered a lie more brutal than these words when mounted above
- [Listing rules are a tool for company quality and growth, Egypt’s FRA chairperson says](https://www.dailynewsegypt.com/2026/02/03/listing-rules-are-a-tool-for-company-quality-and-growth-egypts-fra-chairperson-says/) - Egypt’s stock exchange listing rules should be viewed as a pivotal tool for ensuring the quality of companies and building market efficiency rather than as mere regulatory hurdles, Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), said on Tuesday. Speaking at the 9th Capital Markets Summit, titled "Fintech: The Path to Investment Inclusion," Farid
- [Egypt and Sweden discuss health cooperation, and support for Gaza wounded](https://www.dailynewsegypt.com/2026/02/03/egypt-and-sweden-discuss-health-cooperation-and-support-for-gaza-wounded/) - Egypt’s Health Minister Khaled Abdel Ghaffar met Sweden’s Health Minister Elisabeth Laan and Sweden’s ambassador to Cairo Dag Juhlin-Dannfelt to discuss strengthening bilateral healthcare cooperation and exploring new areas of expertise exchange, Egypt’s health ministry said. Abdel Ghaffar welcomed the Swedish delegation, saying the visit reflects the depth of relations between the two countries
- [Mostbet canlı mərclər: Yeni başlayanlar üçün ən populyar oyunlar hansılardır?](https://www.dailynewsegypt.com/2026/02/02/mostbet-canli-mrclr-yeni-baslayanlar-ucun-n-populyar-oyunlar-hansilardir/) - Mostbet canlı mərclər: Yeni başlayanlar üçün ən populyar oyunlar hansılardır?Canlı mərclər, idman yarışlarının gedişatı zamanı anlıq qərarlar qəbul edərək pul qazanma imkanı təqdim edən müasir oyun formasıdır. Yeni başlayanlar üçün, Mostbet platformasında bir çox fərqli oyun variantları mövcuddur. Bu məqalədə, yeni istifadəçilərin məşhur olan canlı mərclərdən necə istifadə edə biləcəklərini və hansı oyunların daha populyar
- [Washington’s Territorial Ambitions Fracture NATO’s Transatlantic Defensive Shield](https://www.dailynewsegypt.com/2026/02/02/washingtons-territorial-ambitions-fracture-natos-transatlantic-defensive-shield/) - Defencice When 1,500 American paratroopers quietly packed their gear and departed from a strategic base near the Ukrainian border last October, the silence from Washington was louder than the transport planes. In Romania, a frontline ally, the withdrawal felt less like a routine rotation and more like a crack in the foundation of the world’s
- [Egypt’s Aswan named D-8 Tourist City of the Year for 2026](https://www.dailynewsegypt.com/2026/02/02/egypts-aswan-named-d-8-tourist-city-of-the-year-for-2026/) - Aswan has been named the "Tourist City of the Year" for 2026 by the Developing-8 (D-8) Organisation for Economic Cooperation after winning the majority of votes from member states. The Egyptian city secured the title, awarded for the second consecutive year, following a competition against three other nominated cities from Azerbaijan, Iran, and Pakistan. The
- [Egypt places 150 hospitals on high alert for Gaza casualties, mobilises up to 300 ambulances](https://www.dailynewsegypt.com/2026/02/02/egypt-places-150-hospitals-on-high-alert-for-gaza-casualties-mobilises-up-to-300-ambulances/) - Egypt has raised the readiness of its healthcare system to receive wounded and ill patients from Gaza, placing 150 hospitals nationwide on high alert and mobilising up to 300 fully equipped ambulances, the Ministry of Health said on Monday. Health Minister Khaled Abdel Ghaffar chaired a high-level coordination meeting to oversee preparations for the reception
- [Istanbul Summit: Araghchi and Witkoff Seek Nuclear Thaw After Year of War](https://www.dailynewsegypt.com/2026/02/02/istanbul-summit-araghchi-and-witkoff-seek-nuclear-thaw-after-year-of-war/) - In the quiet of a high-security Istanbul venue, diplomatic couriers are laying the groundwork for a meeting that was unthinkable just eight months ago. On Friday, US Special Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi are scheduled to sit across from one another, marking the first high-level contact between Washington and Tehran since
- [NBE arranges EGP 1.42bn syndicated facility for Al Qamzi’s SEAZEN project](https://www.dailynewsegypt.com/2026/02/02/nbe-arranges-egp-1-42bn-syndicated-facility-for-al-qamzis-seazen-project/) - The National Bank of Egypt (NBE) has arranged a syndicated financing facility worth EGP 1.42bn for Al Qamzi Developments to finance part of the investment costs for the first and second phases of the SEAZEN project on Egypt’s North Coast. Under the arrangement, NBE is acting as facility agent, lead arranger, documentation bank, and bookrunner,
- [Second tax facilitation package boosts support for compliant taxpayers: ETA head](https://www.dailynewsegypt.com/2026/02/02/second-tax-facilitation-package-boosts-support-for-compliant-taxpayers-eta-head/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), said the second package of tax facilitation measures—comprising 26 provisions—places strong emphasis on supporting compliant taxpayers, notably by accelerating value-added tax (VAT) refunds, expanding the number of eligible cases, increasing refundable amounts, and simplifying related procedures. Speaking at a conference organised with the Austrian Chamber
- [CBE attracts $1.14bn in bids for dollar-denominated T-bill auction](https://www.dailynewsegypt.com/2026/02/02/cbe-attracts-1-14bn-in-bids-for-dollar-denominated-t-bill-auction/) - The Central Bank of Egypt (CBE) received bids worth $1.141bn in its latest US dollar-denominated local Treasury bill auction, exceeding the offered amount of $950m, according to data published on the bank’s official website. The 364-day Treasury bills, offered on Monday and maturing on 2 February 2027, drew 26 bids. The CBE accepted 17 bids
- [Electronic licensing platform offers 460 services from 41 government entities: GAFI](https://www.dailynewsegypt.com/2026/02/02/electronic-licensing-platform-offers-460-services-from-41-government-entities-gafi/) - The General Authority for Investment and Free Zones (GAFI) has stepped up efforts to promote its Electronic Investment Licensing Platform, describing it as a cornerstone of Egypt’s drive to streamline licensing procedures and improve the investment climate. In a statement, GAFI said the platform represents a qualitative leap in the licensing system, serving as the
- [Egypt hosts IPCC workshop to boost Global South scientists’ role in climate knowledge](https://www.dailynewsegypt.com/2026/02/02/egypt-hosts-ipcc-workshop-to-boost-global-south-scientists-role-in-climate-knowledge/) - Egypt on Monday hosted an introductory workshop for the Intergovernmental Panel on Climate Change (IPCC), underscoring its push to strengthen the role of Global South scientists in producing climate knowledge and informing evidence-based policymaking. The workshop was opened by Acting Minister of Environment Manal Awad as part of Egypt’s efforts to develop its national adaptation
- [Egypt's PM orders acceleration of coastal protection projects to counter climate change](https://www.dailynewsegypt.com/2026/02/02/egypts-pm-orders-acceleration-of-coastal-protection-projects-to-counter-climate-change/) - Prime Minister Mostafa Madbouly on Monday ordered the immediate resolution of any financial or technical obstacles hindering the completion of Egypt’s coastal protection projects, citing the urgent need to address climate change risks. The directive followed a meeting to review the executive status of projects managed by the Egyptian General Authority for Shore Protection. Madbouly
- [FRA raises microfinance ceiling to EGP 292,000, expands microinsurance coverage](https://www.dailynewsegypt.com/2026/02/02/fra-raises-microfinance-ceiling-to-egp-292000-expands-microinsurance-coverage/) - The Financial Regulatory Authority (FRA) has issued Decision No. 1 of 2026, raising the maximum financing limit for microenterprise funding provided by companies, associations, and civil society institutions from EGP 266,000 to EGP 292,000. In parallel, the Authority issued Decision No. 2 of 2026, increasing the maximum insurance coverage for microinsurance activities to EGP 390,000,
- [Egypt’s engineering exports target $7.5bn in 2026 after record-breaking year](https://www.dailynewsegypt.com/2026/02/02/egypts-engineering-exports-target-7-5bn-in-2026-after-record-breaking-year/) - Egypt’s engineering industries delivered a historic export performance in 2025, with overseas shipments reaching around $6.5bn—up 13% year on year and the highest level ever recorded by the sector—according to the Engineering Export Council of Egypt (EECE). The result marks a dramatic rise from $2.29bn in 2020, underscoring the impact of a comprehensive export strategy
- [Egypt fast-tracks legislation to protect children from harmful online content](https://www.dailynewsegypt.com/2026/02/02/egypt-fast-tracks-legislation-to-protect-children-from-harmful-online-content/) - Prime Minister Mostafa Madbouly said on Monday that Egypt is finalising a legislative framework to protect children from harmful social media content, which will include a mandate for digital platforms to maintain local legal representatives to be held accountable for violations. Speaking at a meeting in the New Administrative Capital, Madbouly stated that the move
- [Egypt’s Rees Tech targets EGP 1bn sales in 2026 on solar energy boom](https://www.dailynewsegypt.com/2026/02/01/egypts-rees-tech-targets-egp-1bn-sales-in-2026-on-solar-energy-boom/) - Egyptian renewable energy solutions firm Rees Tech is targeting sales of approximately EGP 1bn in 2026, driven by a rapid increase in demand for solar systems across the local market, Chairperson Ibrahim Gamal said. The 2026 target represents a doubling of the company’s business volume compared to 2025, when revenues reached approximately EGP 500m. Gamal
- [Al-Sisi, Jordan’s king reject Palestinian displacement, urge full Gaza truce implementation](https://www.dailynewsegypt.com/2026/02/01/al-sisi-jordans-king-reject-palestinian-displacement-urge-full-gaza-truce-implementation/) - Egyptian President Abdel Fattah Al-Sisi met Jordan’s King Abdullah II in Cairo on Sunday, with both leaders reaffirming their rejection of any attempts to displace Palestinians from their land and calling for full implementation of the ceasefire agreement in Gaza, the Egyptian presidency said. Al-Sisi received the Jordanian monarch at Cairo International Airport before
- [Egypt’s water minister joins Rwanda’s community service day during official visit](https://www.dailynewsegypt.com/2026/02/01/egypts-water-minister-joins-rwandas-community-service-day-during-official-visit/) - Egypt’s Water Resources and Irrigation Minister Hani Sewilam took part in Rwanda’s monthly community service day known as “Umuganda” during his official visit to the country, Egypt’s water ministry said on Sunday. The ministry said Sewilam participated at the invitation of Rwanda’s Environment Minister Bernadette Arakwu, accompanied by members of the joint steering committee
- [Egypt expands power grid as electricity losses reach 4.6bn kWh](https://www.dailynewsegypt.com/2026/02/01/egypt-expands-power-grid-as-electricity-losses-reach-4-6bn-kwh/) - Egypt is coordinating with Russian partners to accelerate the execution timelines of the El Dabaa Nuclear Power Plant as part of a broader strategy to secure sustainable energy, Minister of Electricity and Renewable Energy Mahmoud Esmat said on Sunday. The nuclear project is a primary pillar of Egypt’s Vision 2030, designed to meet rising electricity
- [Air Cairo launches first flights from Capital International Airport to Jeddah](https://www.dailynewsegypt.com/2026/02/01/air-cairo-launches-first-flights-from-capital-international-airport-to-jeddah/) - Capital International Airport marked a new milestone on Sunday with the launch of the first Air Cairo flight from the airport to King Abdulaziz International Airport in Jeddah, reinforcing its growing role as a strategic hub within Egypt’s civil aviation network. The move comes as part of the Egyptian state’s broader strategy to maximize the
- [M squared extends partnership for fifth Saqqara Half Marathon featuring new 21km distance](https://www.dailynewsegypt.com/2026/02/01/m-squared-extends-partnership-for-fifth-saqqara-half-marathon-featuring-new-21km-distance/) - Egyptian real estate developer M squared has extended its title sponsorship of the Saqqara Half Marathon for a third consecutive year, as the event prepares to introduce a 21-kilometre distance for the first time. The fifth edition of the race, organized by The TriFactory, is scheduled for Friday, 13 February 2026. The event is expected
- [Egypt issues first procedural guide for state-funded treatment programme](https://www.dailynewsegypt.com/2026/02/01/egypt-issues-first-procedural-guide-for-state-funded-treatment-programme/) - Egypt’s Deputy Prime Minister for Human Development and Health Minister Khaled Abdel Ghaffar announced the release of the first edition of a procedural guide for the state-funded medical treatment programme, dated January 2026, as part of efforts to standardise services and streamline approval processes. The health ministry said the move reflects Egypt’s commitment to
- [Planning Minister highlights Egypt’s Narrative for Comprehensive Development at Cairo Book Fair](https://www.dailynewsegypt.com/2026/02/01/planning-minister-highlights-egypts-narrative-for-comprehensive-development-at-cairo-book-fair/) - Cairo International Book Fair 2026 hosted Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, in a seminar organized by the NAWA Foundation, discussing “Egypt’s Narrative for Comprehensive Development: Reforms for Growth, Jobs and Resilience.” The seminar, moderated by Abdel Moneim Said, brought together economists, university professors, and visitors to review the country’s integrated
- [Local Gold prices jumped by EGP 995 in January](https://www.dailynewsegypt.com/2026/02/01/local-gold-prices-jumped-by-egp-995-in-january/) - Gold prices in the local market recorded strong gains in January, jumping by around EGP 995, despite steep declines observed in the final days of the month, according to a report issued by online gold and jewellery trading platform iSagha. Saied Embaby, Chief Executive of iSagha, stated that the price of 21-carat gold opened January
- [Egypt and UN-Habitat, Egypt to expand sustainable urban development partnership](https://www.dailynewsegypt.com/2026/02/01/egypt-and-un-habitat-egypt-to-expand-sustainable-urban-development-partnership/) - Egypt’s Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny met with Ahmed Rizk, Director of the United Nations Human Settlements Programme (UN-Habitat) Office in Egypt, to discuss expanding cooperation on sustainable urban development and the Egypt Vision 2030 agenda. The meeting focused on establishing priorities for joint work following the 12th World Urban Forum
- [CBE to launch $950m T-bill tenders on Monday](https://www.dailynewsegypt.com/2026/02/01/cbe-to-launch-950m-t-bill-tenders-on-monday/) - The Central Bank of Egypt (CBE) is set to offer a local treasury bill tender denominated in US dollars on Monday, valued at $950m. The proceeds of the tender will be used to repay the maturity of a previous tender launched on 4 February 2025, under which bids worth $1.061bn were accepted and are due to
- [Egypt’s chemical, fertilizers exports exceed $9.4bn in 2025, up 7.4%](https://www.dailynewsegypt.com/2026/02/01/egypts-chemical-fertilizers-exports-exceed-9-4bn-in-2025-up-7-4/) - Egypt’s exports of chemical products and fertilizers recorded strong growth in 2025, surpassing $9.4bn, according to official data released by the Export Council for Chemical Industries and Fertilizers. The council reported that total exports of the sector reached approximately $9.43bn from January to December 2025, compared to $8.78bn in 2024, marking an increase of about
- [Egypt’s FRA mandates oversight overhaul for government insurance funds](https://www.dailynewsegypt.com/2026/02/01/egypts-fra-mandates-oversight-overhaul-for-government-insurance-funds/) - Egypt’s Financial Regulatory Authority (FRA) has issued a comprehensive regulatory framework to govern government insurance funds, establishing an integrated system of oversight to ensure financial sustainability and protect the rights of approximately 30 million beneficiaries. The new rules, issued under Decision No. 265 of 2025 by the FRA’s Board of Directors, create an end-to-end supervisory
- [Egypt considers trading sugar on commodity exchange to bolster market stability](https://www.dailynewsegypt.com/2026/02/01/egypt-considers-trading-sugar-on-commodity-exchange-to-bolster-market-stability/) - Egypt is studying the possibility of trading sugar on its commodity exchange to improve governance, transparency, and price stability, according to a statement from the Ministry of Supply and Internal Trade on Sunday. The proposal was discussed during a meeting between Minister of Supply and Internal Trade Sherif Farouk, Minister of Agriculture and Land Reclamation
- [Spinneys Egypt Strengthens Presence with 35th Store Opening in New Cairo](https://www.dailynewsegypt.com/2026/02/01/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, located next to Ahl Masr Hospital, spans 1,400 square meters and represents an investment of approximately EGP 80 million. It offers a modern supermarket experience
- [Wealth Holding launches EGP 10bn Citra Residence in New Sheikh Zayed](https://www.dailynewsegypt.com/2026/02/01/wealth-holding-launches-egp-10bn-citra-residence-in-new-sheikh-zayed/) - Wealth Holding has launched Citra Residence in New Sheikh Zayed City, marking the company’s first residential development in West Cairo with a total investment of EGP 10bn. The project was officially unveiled by Soheir Karim, Non-Executive Chairperson of Wealth Holding, as part of the firm’s 2026 expansion strategy. The development, spanning approximately 30 feddans, is
- [Official Egyptian Real Estate Platform to serve as state gateway for property exports](https://www.dailynewsegypt.com/2026/02/01/official-egyptian-real-estate-platform-to-serve-as-state-gateway-for-property-exports/) - The Official Egyptian Real Estate Platform has been established as the state’s primary gateway for exporting property to global markets and digitising the sector's transactions, according to Ahmed Elbatrawy, the platform’s founder and chairperson. Speaking at the inaugural Association of Real Estate Developers (arD) conference, titled “Developers Summit: Leadership in Construction and Responsibility in Development,”
- [Al Emarat Development debuts in Egypt with First Plaza Mall launch](https://www.dailynewsegypt.com/2026/02/01/al-emarat-development-debuts-in-egypt-with-first-plaza-mall-launch/) - Al Emarat Development has launched First Plaza Mall in west Cairo, marking the company’s entry into the Egyptian real estate market, Chairperson Abdallah El-Menshawy announced on Sunday. The commercial project is being developed in collaboration with Hafez Consultants as design consultant and KAD Commercial Property Management for operations. El-Menshawy stated that the mall was conceived
- [Gates Developments delivers Gates Privé in Sheikh Zayed 1 year ahead of schedule](https://www.dailynewsegypt.com/2026/02/01/gates-developments-delivers-gates-prive-in-sheikh-zayed-1-year-ahead-of-schedule/) - Gates Developments has completed the delivery of its Gates Privé residential project in Sheikh Zayed one year ahead of its contractual deadline, the company announced during a site visit for journalists. Hassan Nasr, CEO of Gates Developments, said the milestone was driven by the company’s wholly owned construction arm, Gates Con, which allowed for tighter
- [Hassan Allam Properties targets EGP 14bn in 2026 projects, plans new hospitality brand](https://www.dailynewsegypt.com/2026/02/01/hassan-allam-properties-targets-egp-14bn-in-2026-projects-plans-new-hospitality-brand/) - Hassan Allam Properties plans to execute new projects worth EGP 14bn during 2026 and will launch a dedicated hospitality brand to manage its expanding hotel portfolio, Vice Chairperson and CEO Mohamed Allam said. The company is diversifying its operations beyond residential developments into hospitality, sports, and education through partnerships with local and international entities. The
- [Real estate prices in Egypt are unlikely to decline: Hisham Talaat Moustafa](https://www.dailynewsegypt.com/2026/02/01/real-estate-prices-in-egypt-are-unlikely-to-decline-hisham-talaat-moustafa/) - Prominent businessman Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding (TMG),affirmed that real estate prices in Egypt are unlikely to decline in the near future, stressing that the pricing of residential units is directly tied to the actual cost of land and construction materials rather than speculation or inflated profit margins. Speaking
- [Egypt’s legislative agenda to include key real estate laws: MP Amin Masoud](https://www.dailynewsegypt.com/2026/02/01/egypts-legislative-agenda-to-include-key-real-estate-laws-mp-amin-masoud/) - Egypt’s upcoming legislative agenda will prioritise a series of laws aimed at regulating the real estate sector and addressing gaps in the current legal framework, according to Amin Masoud, Member of Parliament and Deputy Chair of the Housing Committee. Speaking at the Association of Real Estate Developers (arD) summit, Masoud disclosed that the Housing Committee
- [CBE launches Soft POS service for contactless mobile payments to cut merchant costs](https://www.dailynewsegypt.com/2026/02/01/cbe-launches-soft-pos-service-for-contactless-mobile-payments-to-cut-merchant-costs/) - The Central Bank of Egypt (CBE) has officially launched a contactless electronic payment acceptance service that allows merchants to use smartphones and tablets as electronic points of sale (POS). The service utilizes Soft POS applications, enabling smart devices to function as payment terminals. Under the new system, merchants can accept payments from various contactless cards
- [Bricks vs. Bullion: How Expiring Bank Certificates are Fuelling Egypt’s Real Estate Boom](https://www.dailynewsegypt.com/2026/02/01/bricks-vs-bullion-how-expiring-bank-certificates-are-fuelling-egypts-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 market enters a period of volatile profit-taking, billions in Egyptian pounds (EGP) are being unbundled from banks and bullion, searching for a more stable sanctuary.
- [Gold prices fall sharply in Egypt as global markets retreat from record highs](https://www.dailynewsegypt.com/2026/01/31/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. The price of 21-carat gold, the local benchmark, dropped by approximately EGP 80 on Friday to reach EGP 6,670 per gram. This followed a volatile
- [Egypt's Finance Ministry seeks to align international aid with fiscal reform priorities](https://www.dailynewsegypt.com/2026/01/31/egypts-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 said on Saturday. Speaking at the third annual meeting of the Public Financial Management (PFM) coordination committee, Sobhi stated that the ministry is committed to
- [Middle East Green Initiative backs land restoration, $12 bln pledged to fight desertification](https://www.dailynewsegypt.com/2026/01/31/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 to strengthen regional cooperation to combat land degradation, halt desertification and boost resilience to drought. Awad said the meeting, chaired by Saudi Environment Minister
- [Egypt and Rwanda agree executive action plan for water management projects](https://www.dailynewsegypt.com/2026/01/31/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 was finalised during an official visit by Egyptian Water Resources Minister Hani Sewilam to Kigali, where he and Rwanda’s Environment Minister Bernadette Arakwu attended the
- [Finance Ministry plans local debt tenders worth EGP 843bn in February](https://www.dailynewsegypt.com/2026/01/31/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. The plan includes tenders totalling EGP 2.703tn during the third quarter of FY 2025/2026 to repay maturing debt instruments and finance the state budget deficit.
- [Opinion | The Grand Barter: Accounting Ambition vs. Strategic Stability](https://www.dailynewsegypt.com/2026/01/31/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 first glance, the idea of transferring the Suez Canal’s assets or revenue flows to the Central Bank appears to be a clever manoeuvre of financial
- [Egyptian bank assets climb to EGP 24.8trn as household deposits lead growth](https://www.dailynewsegypt.com/2026/01/31/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 2025, an increase of around EGP 477bn, the Central Bank of Egypt (CBE) revealed in a recent report. On the assets side, the CBE explained
- [Egypt's FM hosts African Union representatives to discuss trade corridors and regional stability](https://www.dailynewsegypt.com/2026/01/31/egypts-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 non-interference on Saturday. During the meeting with representatives of AU organisations and offices, Abdelatty stated that Egypt, as a founding member of the AU, prioritises
- [Egypt’s Madbouly inspects 430-bed university hospital and $41m industrial projects in Minya tour](https://www.dailynewsegypt.com/2026/01/31/egypts-madbouly-inspects-430-bed-university-hospital-and-41m-industrial-projects-in-minya-tour/) - Egypt’s Prime Minister Mostafa Madbouly inspected the trial operation of the 430-bed Triple University Hospital in Minya on Saturday, as part of a wider tour of industrial, housing, and infrastructure projects in the governorate. The hospital, which features 11 operating rooms and 47 intensive care beds, is designed to provide medical services to approximately 7
- [ETA reviews tax system evolution and its role in driving investment](https://www.dailynewsegypt.com/2026/01/31/eta-reviews-tax-system-evolution-and-its-role-in-driving-investment/) - The Egyptian Tax Authority (ETA) recently participated in the annual tax conference hosted by Ernst & Young (EY) Egypt, a forum dedicated to exploring the latest shifts in tax policy. The event highlighted ongoing efforts to modernise Egypt’s fiscal framework and evaluated the resulting impact on investment appetites and national economic growth. Rasha Abdel Aal,
- [Egypt’s Sports Minister attends FISU executive meetings in China to discuss global expansion](https://www.dailynewsegypt.com/2026/01/31/egypts-sports-minister-attends-fisu-executive-meetings-in-china-to-discuss-global-expansion/) - Egypt’s Minister of Youth and Sports, Ashraf Sobhy, has participated in the International University Sports Federation (FISU) Executive Committee and Board of Directors meetings in China to discuss the strategic expansion of global university sports. Sobhy, who also serves as the President of the African University Sports Federation and a member of the FISU Executive
- [Egyptian-Greek partnership targets European markets through new handicrafts deal](https://www.dailynewsegypt.com/2026/01/31/egyptian-greek-partnership-targets-european-markets-through-new-handicrafts-deal/) - Egypt and Greece have signed a Memorandum of Understanding (MoU) to strengthen cooperation in creative industries and handicrafts, aiming to facilitate the access of Egyptian products to European markets through Greece. The agreement, signed between the International Creative Academy (ICA) of Egypt and the Foundation of the Hellenic World, seeks to support joint production of
- [Egypt assumes AU Peace and Security Council presidency in February with focus on Sudan, Somalia](https://www.dailynewsegypt.com/2026/01/31/egypt-assumes-au-peace-and-security-council-presidency-in-february-with-focus-on-sudan-somalia/) - Egypt will assume the presidency of the African Union (AU) Peace and Security Council on Feb. 1, with a primary focus on addressing the ongoing conflicts in Sudan and Somalia. The one-month presidency comes at a time of increasing security, political, and developmental challenges across the continent, the Ministry of Foreign Affairs, Emigration and Egyptian
- [Diriyah Contemporary Art Biennale 2026 to feature 65 artists](https://www.dailynewsegypt.com/2026/01/30/diriyah-contemporary-art-biennale-2026-to-feature-65-artists/) - Riyadh —The Diriyah Biennale Foundation has announced details of the third edition of the Diriyah Contemporary Art Biennale, set to take place at JAX District in Riyadh from January 30 to May 2026 under the theme “In Motion.” The biennale will officially open on Thursday with a ceremony attended by artists, cultural figures, and members
- [Ola Bazan being recognized among Africa’s Top 100 Corporate Communication Leaders by Africa PR Week](https://www.dailynewsegypt.com/2026/01/26/meet-ola-bazan-the-strategist-modernising-orange-egypts-digital-footprint/) - Ola Bazan has led the charge in launching numerous award-winning projects, recognized at prestigious events such as Cannes Lions, Dubai Lynx, and the Effies
- [Korean Cultural Centre debuts "Ahlan Korea" programme in Cairo to boost Egyptian ties](https://www.dailynewsegypt.com/2026/01/27/korean-cultural-centre-debuts-ahlan-korea-programme-in-cairo-to-boost-egyptian-ties/) - The Korean Cultural Centre in Cairo launched its inaugural "Ahlan Korea" monthly programme on Tuesday, beginning a year-long initiative to strengthen cultural ties between South Korea and Egypt through regional showcases. The first edition of the programme focused on the coastal city of Gangneung, an Olympic host city located on Korea’s East Sea. The event,
- [China’s Xingfa Group to evaluate phosphate and silica projects in Egypt’s Golden Triangle](https://www.dailynewsegypt.com/2026/01/27/chinas-xingfa-group-to-evaluate-phosphate-and-silica-projects-in-egypts-golden-triangle/) - Egypt’s Ministry of Petroleum and Mineral Resources signed a memorandum of understanding with China’s Xingfa Group on Tuesday to evaluate phosphate, quartz, and silica sand ores for an industrial project in the Golden Triangle region. The agreement, witnessed by Minister of Petroleum and Mineral Resources Karim Badawi, involves the Egyptian Mineral Resources Authority (EMRA), Misr
- [Cairo, Amman call for full implementation of Trump peace plan in Gaza](https://www.dailynewsegypt.com/2026/01/27/cairo-amman-call-for-full-implementation-of-trump-peace-plan-in-gaza/) - Egypt and Jordan on Tuesday called for the full implementation of the Gaza ceasefire agreement and the comprehensive peace plan proposed by US President Donald Trump, affirming support for a transitional "Peace Council" to oversee the process. During an official visit to the Jordanian capital, Egyptian Foreign Minister Badr Abdelatty held talks with Jordan’s Deputy
- [Egypt discusses cooperation with Finland, Germany, and Geneva Water Hub ahead of UN conference](https://www.dailynewsegypt.com/2026/01/27/egypt-discusses-cooperation-with-finland-germany-and-geneva-water-hub-ahead-of-un-conference/) - Egypt’s Minister of Water Resources and Irrigation, Hany Sewilam, held a series of bilateral meetings with officials from Finland, Germany, and the Geneva Water Hub on the sidelines of a high-level preparatory meeting for the United Nations Water Conference in Senegal, the ministry said. During talks with Finnish Water Envoy Antti Rautavaara, Sewilam praised the
- [Egypt opens EGP 3.5bn Cleopatra Sky hospital under private-public partnership model](https://www.dailynewsegypt.com/2026/01/27/egypt-opens-egp-3-5bn-cleopatra-sky-hospital-under-private-public-partnership-model/) - Egypt has opened the EGP 3.5bn Cleopatra Hospital Tagamoa (Sky) in East Cairo as part of a strategic shift to leverage private sector expertise in state-owned medical facilities, Prime Minister Mostafa Madbouly said on Tuesday. The facility, which is owned by the Ministry of Petroleum and Mineral Resources but equipped and managed by the Cleopatra
- [Egypt’s real estate market enters phase of structural correction, global repositioning](https://www.dailynewsegypt.com/2026/01/27/egypts-real-estate-market-enters-phase-of-structural-correction-global-repositioning/) - Senior executives from Egypt’s leading real estate developers say the sector is entering a new phase—one defined by structural correction, stronger fundamentals, and growing global relevance—driven by economic stabilization, rising foreign investment, tourism expansion, and evolving urban development models. Ayman Amer, General Manager of SODIC, said Egypt is following a trajectory similar to India’s transformation
- [Egypt, US explore expanded cooperation in transport, industry](https://www.dailynewsegypt.com/2026/01/27/egypt-us-explore-expanded-cooperation-in-transport-industry/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held talks with U.S. Deputy Secretary of State Christopher Landau on ways to strengthen bilateral cooperation in the transport and industrial sectors. During the meeting, Al-Wazir underscored the depth and resilience of the longstanding strategic relationship between Egypt and the
- [Egypt seeks global automakers to localise electric vehicle production](https://www.dailynewsegypt.com/2026/01/27/egypt-seeks-global-automakers-to-localise-electric-vehicle-production/) - Egypt is seeking to attract major global automakers to localise the production of electric vehicles and components as part of a national strategy to meet domestic demand and expand exports, Prime Minister Mostafa Madbouly said on Tuesday. The Prime Minister stated that the government is prioritising the National Automotive Manufacturing Programme to transition toward clean
- [Egypt moves to modernise real estate sector with unified regulations, digital export platform](https://www.dailynewsegypt.com/2026/01/27/egypt-moves-to-modernise-real-estate-sector-with-unified-regulations-digital-export-platform/) - Egypt’s real estate sector is undergoing a comprehensive transformation aimed at enhancing transparency, standardising practices, and attracting foreign investment, according to Ahmed Ibrahim, Vice Chairperson of the New Urban Communities Authority (NUCA) for Planning and Projects and Deputy Minister of Housing, Utilities and Urban Communities. During AmCham Egypt Annual Real Estate Conference “Egypt Rising: Real
- [CBE launches first AI diploma for Egyptian banking sector](https://www.dailynewsegypt.com/2026/01/27/cbe-launches-first-ai-diploma-for-egyptian-banking-sector/) - The Central Bank of Egypt (CBE) has signed a memorandum of understanding to launch the country’s first specialised diploma in artificial intelligence (AI) for the banking sector, Governor Hassan Abdalla announced on Tuesday. The initiative, launched under the "Digital Academy" of the CBE’s FinTech Egypt, is a collaboration between the Egyptian Banking Institute (EBI) and
- [Egypt’s non-oil exports rise 17% to $48.6bn in 2025 as trade deficit narrows](https://www.dailynewsegypt.com/2026/01/27/egypts-non-oil-exports-rise-17-to-48-6bn-in-2025-as-trade-deficit-narrows/) - Egypt’s non-oil exports rose by 17% to $48.567bn in 2025, up from $41.507bn in 2024, while the trade deficit narrowed by 9% to $34.447bn, according to the latest foreign trade indicators reviewed by Minister of Investment and Foreign Trade Hassan El-Khatib. The figures were presented in a report by Essam El-Naggar, Chairperson of the General
- [Egypt state land centre approves New Matrouh City and dozens of industrial, agricultural projects](https://www.dailynewsegypt.com/2026/01/27/egypt-state-land-centre-approves-new-matrouh-city-and-dozens-of-industrial-agricultural-projects/) - Egypt's National Centre for Planning Stateland Uses (NCPSLU) has approved the allocation of 6,050.68 acres for the establishment of New Matrouh City and the transfer of 46 land plots to the "Future of Egypt" for Sustainable Development project. The decisions, made during the council's 85th session at its New Administrative Capital headquarters, include the transfer
- [Egypt's Health Minister reaffirms strategic partnership with India at Republic Day celebration](https://www.dailynewsegypt.com/2026/01/27/egypts-health-minister-reaffirms-strategic-partnership-with-india-at-republic-day-celebration/) - Egypt’s Deputy Prime Minister for Human Development and Minister of Health, Khaled Abdel Ghaffar, attended celebrations hosted by the Indian Embassy in Cairo marking the 77th anniversary of India’s Republic Day, reaffirming Cairo’s commitment to strengthening its strategic partnership with New Delhi, according to an official statement. The event was attended by Indian Ambassador to
- [Petroleum Minister highlights Petrochemicals Company’s role in localising PVC production](https://www.dailynewsegypt.com/2026/01/27/petroleum-minister-highlights-petrochemicals-companys-role-in-localising-pvc-production/) - Minister of Petroleum and Mineral Resources Karim Badawi underscored the strategic role of the Egyptian Petrochemicals Company in localising the production of key industrial materials, praising its efforts as a public-sector enterprise to manufacture PVC and specialised high-quality grades used in vital applications, including secure documents such as national ID cards, bank cards, and certain
- [Opinion | Germany Through "Felix" and "Bachmann"](https://www.dailynewsegypt.com/2026/01/27/opinion-germany-through-felix-and-bachmann/) - More often than not, a country’s image is not measured by grand slogans or loud promotional campaigns, nor even by its tangible achievements alone, but by the deep impressions its people leave in the places they pass through. I admire Germany, its culture and its ability to evolve and lead, while acknowledging its mistakes and
- [Opinion | Trump’s “Board of Peace”: A Private Security Council to Enforce His Global Ambitions – The Shylock of Our Time](https://www.dailynewsegypt.com/2026/01/27/opinion-trumps-board-of-peace-a-private-security-council-to-enforce-his-global-ambitions-the-shylock-of-our-time/) - The recently launched “Board of Peace” is, at its core, a key pillar of U.S. President Donald Trump’s strategy to end the war in Gaza and oversee the second phase of his proposed plan — encompassing the reconstruction of the Gaza Strip and the disarmament of Hamas. Just days ago, during a White House press
- [Opinion | Between Fact and Exaggeration: Is China Really Controlling Canada?](https://www.dailynewsegypt.com/2026/01/27/opinion-between-fact-and-exaggeration-is-china-really-controlling-canada/) - In recent months, what was once a relatively minor economic story about Canada’s evolving trade relations with China has erupted into a major flashpoint in global geopolitics. At the centre of this storm is U.S. President Donald Trump, whose forceful public remarks claim that China is “successfully and fully controlling Canada” and that such a
- [Egypt Golf Series: Chris Wood clinches dramatic playoff victory at Marassi 1](https://www.dailynewsegypt.com/2026/01/26/egypt-golf-series-chris-wood-clinches-dramatic-playoff-victory-at-marassi-1/) - Former Ryder Cup star Chris Wood rolled back the years on Egypt’s North Coast, securing the Marassi 1 title in a high-stakes sudden-death playoff. The Englishman held his nerve at the Address Marassi Golf Resort to defeat compatriot Charlie Crockett after both players finished the second event of the 2026 Egypt Golf Series locked at
- [Adenia Partners enters Egypt with majority stake in Parkville Pharmaceuticals](https://www.dailynewsegypt.com/2026/01/27/adenia-partners-enters-egypt-with-majority-stake-in-parkville-pharmaceuticals/) - Africa-focused private equity firm Adenia Partners has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals, marking its first majority investment in Egypt. The stake was acquired from Admaius Capital Partners, alongside Parkville’s chairman Dr. Sherif Bassiouny and co-founder and CEO Dr. Mahmoud Farrag. The transaction remains subject to customary regulatory approvals. Financial
- [South African trade mission of 15 companies visits Egypt to boost economic partnerships](https://www.dailynewsegypt.com/2026/01/26/south-african-trade-mission-of-15-companies-visits-egypt-to-boost-economic-partnerships/) - A South African trade mission comprising 15 companies is visiting Egypt from 24 to 28 January as part of efforts to strengthen bilateral economic, trade and investment relations between the two countries. The visit is organised by the Egyptian Commercial Office in Pretoria, headed by Commercial Counsellor Ihab Salah El-Din, in cooperation with South Africa’s
- [Egypt to pilot vocational training for girls to combat child marriage](https://www.dailynewsegypt.com/2026/01/26/egypt-to-pilot-vocational-training-for-girls-to-combat-child-marriage/) - Egypt’s National Council for Childhood and Motherhood (NCCM) will launch a pilot programme to provide girls with vocational and technical training to offer families economic alternatives to child marriage, the council’s head said. Child marriage is out Sahar El-Sombaty, President of the NCCM, stated during a roundtable titled "Economic Empowerment as a Pivotal Tool to
- [Adenia Partners to acquire majority stake in Egypt’s Parkville from Admaius](https://www.dailynewsegypt.com/2026/01/26/adenia-partners-to-acquire-majority-stake-in-egypts-parkville-from-admaius/) - Private equity firm Adenia Partners has signed definitive agreements to acquire a majority stake in Egypt’s Parkville Pharmaceuticals from Admaius Capital Partners and the company’s founders, the parties announced on Monday. The transaction, which remains subject to customary closing conditions and regulatory approvals, marks the first exit for Admaius Capital Partners’ current fund. Financial terms
- [Egypt, China’s Mindray discuss localising medical device manufacturing, smart hospitals](https://www.dailynewsegypt.com/2026/01/26/egypt-chinas-mindray-discuss-localising-medical-device-manufacturing-smart-hospitals/) - Egypt’s Minister of Health and Population Khaled Abdel Ghaffar met with a delegation from China’s Mindray, a leading global manufacturer of medical equipment, to discuss strengthening cooperation in localising medical device manufacturing—particularly smart imaging technologies—and expanding the deployment of smart hospitals across Egypt, the Ministry of Health said. Ministry spokesperson Hossam Abdel Ghaffar said both
- [Egypt to host region’s first AI summit in 2026](https://www.dailynewsegypt.com/2026/01/26/egypt-to-host-regions-first-ai-summit-in-2026/) - Egypt is set to host “Ai Everything Middle East & Africa 2026,” the region’s first dedicated all-AI global summit and exhibition, on 11–12 February 2026 at the Egypt International Exhibition Center (EIEC) in Cairo. The landmark event will bring together more than 350 global enterprises, startups, investors and innovation showcases, at a time when artificial
- [Healthcare Is among Egypt’s most attractive investment sectors: Health Minister](https://www.dailynewsegypt.com/2026/01/26/healthcare-is-among-egypts-most-attractive-investment-sectors-health-minister/) - Egypt’s Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar said on Monday that the healthcare sector ranks among the most attractive areas for investment in Egypt, describing healthcare not only as a social priority but also as a strategic economic investment that supports inclusive growth and human development. Abdel Ghaffar made
- [Egypt repays $8.65bn in external debt in Q4 FY 2024/25: CBE](https://www.dailynewsegypt.com/2026/01/26/egypt-repays-8-65bn-in-external-debt-in-q4-fy-2024-25-cbe/) - Egypt repaid $8.645bn in external debt—covering both principal and interest—during the fourth quarter (Q4) of FY 2024/2025, according to a report issued by the Central Bank of Egypt (CBE). The CBE said the repayments included $1.895bn in interest payments and $6.749bn in principal instalments, compared with total repayments of $8.784bn in the third quarter (Q3)
- [Al-Sisi reviews plan to localise prosthetics industry, urges fast-tracking of industrial complex](https://www.dailynewsegypt.com/2026/01/26/al-sisi-reviews-plan-to-localise-prosthetics-industry-urges-fast-tracking-of-industrial-complex/) - Egyptian President Abdel Fattah Al-Sisi met with senior officials on Monday to review progress on a national prosthetics project and plans to establish an integrated industrial complex for the production of artificial limbs and assistive devices, in line with the latest international medical and technological standards, the presidency said. The meeting was attended by Prime
- [Engineering exports hit record high of $6.5bn in 2025](https://www.dailynewsegypt.com/2026/01/26/engineering-exports-hit-record-high-of-6-5bn-in-2025/) - Egypt’s engineering exports maintained strong momentum in 2025, recording a 13% year-on-year increase to reach approximately $6.5bn, up from $5.7bn in 2024. This represents the highest export value ever achieved by the engineering industries sector, according to the Engineering Export Council of Egypt (EECE). On a monthly basis, December 2025 saw an unprecedented surge in
- [Public Enterprises Minister reviews progress of $39m chlorine granules, tablets project](https://www.dailynewsegypt.com/2026/01/26/public-enterprises-minister-reviews-progress-of-39m-chlorine-granules-tablets-project/) - Mohamed El-Shimy, Minister of Public Enterprises Sector, held an expanded meeting to review the executive status of the chlorine tablets and granules (TCCA) production project at Misr Chemical Industries Company, a subsidiary of the Holding Company for Chemical Industries affiliated with the ministry. The project is being implemented in partnership with the private sector as
- [Egypt, EliTe Solar review expansion plans, local manufacturing strategy](https://www.dailynewsegypt.com/2026/01/26/egypt-elite-solar-review-expansion-plans-local-manufacturing-strategy/) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir met with a delegation from EliTe Solar to discuss the company’s expansion plans in Egypt and ways to address key operational challenges, within the framework of the state’s strategy to localise renewable energy manufacturing. The meeting was attended by senior officials
- [Egypt-Switzerland trade exchange hits $2.3bn in 2025: El-Khatib](https://www.dailynewsegypt.com/2026/01/26/egypt-switzerland-trade-exchange-hits-2-3bn-in-2025-el-khatib/) - Hassan El-Khatib, Minister of Investment and Foreign Trade, took part in the Egyptian-Swiss Economic Forum organised by the Swiss Chamber of Commerce in Egypt, underscoring the depth and momentum of economic relations between the two countries. The forum was attended by Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and
- [Egypt, Tunisia, Algeria call for immediate withdrawal of all foreign forces from Libya](https://www.dailynewsegypt.com/2026/01/26/egypt-tunisia-algeria-call-for-immediate-withdrawal-of-all-foreign-forces-from-libya/) - The foreign ministers of Egypt, Tunisia and Algeria on Monday called for the immediate withdrawal of all foreign forces, mercenaries and foreign fighters from Libya, asserting that a Libyan-Libyan solution remains the sole path to sustainable stability. Following a trilateral meeting in Tunis, Egyptian Foreign Minister Badr Abdelatty, Tunisian Foreign Minister Mohamed Ali Nafti and
- [PM says excellence must become “work culture” at Egypt Government Excellence Award](https://www.dailynewsegypt.com/2026/01/26/pm-says-excellence-must-become-work-culture-at-egypt-government-excellence-award/) - Egyptian Prime Minister Mostafa Madbouly said on Monday that government excellence should be an inherent work culture rather than a periodic award, as he honoured winners of the fourth Egypt Government Excellence Award. “Excellence is not just a prize awarded periodically, but a work culture that must remain an inherent characteristic of daily practices in
- [Countdown to Ramadan drama race begins as female stars dominate 2026 season](https://www.dailynewsegypt.com/2026/01/26/countdown-to-ramadan-drama-race-begins-as-female-stars-dominate-2026-season/) - The countdown to the annual Ramadan drama marathon has officially begun. With only days separating audiences from the start of the holy month, the Egyptian and Arab television industry is already deep into one of its most competitive seasons in years. As Ramadan 2026 approaches, the race has moved decisively from behind-the-scenes negotiations into the
- [Housing Minister moves to boost hospitality investment](https://www.dailynewsegypt.com/2026/01/25/housing-minister-moves-to-boost-hospitality-investment/) - Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny chaired a meeting of the Board of Directors of the Tourism Development Authority (TDA) to review ongoing work, assess the status of tourism development projects, and discuss measures to accelerate tourism investment. During the meeting, the board approved a package of measures aimed at supporting tourism
- [UAE ranks among top 10 markets for Egyptian processed food exports, reaching $196m](https://www.dailynewsegypt.com/2026/01/25/uae-ranks-among-top-10-markets-for-egyptian-processed-food-exports-reaching-196m/) - The United Arab Emirates (UAE) has emerged as one of the top 10 export destinations for Egyptian processed food products, with exports valued at $196m in 2024, reflecting the growing presence and competitiveness of Egyptian food manufacturers in Gulf markets, according to the Food Export Council of Egypt. The announcement was made during an online
- [GAFI hosts Canadian business delegation to explore investment opportunities](https://www.dailynewsegypt.com/2026/01/25/gafi-hosts-canadian-business-delegation-to-explore-investment-opportunities/) - The General Authority for Investment and Free Zones (GAFI) hosted a delegation of Canadian business leaders from the Canada–Egypt Business Council (CEBC) to explore investment opportunities and strengthen economic cooperation between Egypt and Canada. During the meeting, GAFI delivered a comprehensive presentation on Egypt’s investment climate, highlighting the competitive advantages of the Egyptian economy, its
- [Suez Canal Bank joins Partnership for Carbon Accounting Financials](https://www.dailynewsegypt.com/2026/01/25/suez-canal-bank-joins-partnership-for-carbon-accounting-financials/) - Suez Canal Bank has officially joined the Partnership for Carbon Accounting Financials (PCAF), a global initiative comprising more than 700 financial institutions across six continents, aimed at standardising the measurement and disclosure of financed emissions arising from lending and investment activities. The move reflects the bank’s ongoing efforts to integrate climate considerations across its operations
- [2025 marks turning point in reaping benefits of FRA reforms launched since 2022: Farid](https://www.dailynewsegypt.com/2026/01/25/2025-marks-turning-point-in-reaping-benefits-of-fra-reforms-launched-since-2022-farid/) - The Financial Regulatory Authority (FRA) has released its annual report for 2025, titled From Regulation to Empowerment, documenting what it described as unprecedented advances across Egypt’s non-banking financial activities. The authority said its regulatory decisions have evolved into effective empowerment tools, contributing to stronger economic growth and deeper financial markets. Mohamed Farid, Chairperson of the
- [Australian mining group Hunter & Co. to invest in Egypt following legislative overhaul](https://www.dailynewsegypt.com/2026/01/25/australian-mining-group-hunter-co-to-invest-in-egypt-following-legislative-overhaul/) - Australian mining group Hunter & Co. has expressed its intent to launch investment projects and establish strategic partnerships within the Egyptian mining sector, according to a statement released by the Ministry of Petroleum and Mineral Resources on Sunday. The decision follows a meeting between Egyptian Petroleum Minister Karim Badawi and a high-level delegation from the
- [Egypt’s PM reviews energy projects, investment attraction efforts](https://www.dailynewsegypt.com/2026/01/25/egypts-pm-reviews-energy-projects-investment-attraction-efforts/) - Prime Minister Mostafa Madbouly chaired a meeting on Sunday at the government headquarters in the New Administrative Capital to review the progress of ongoing energy projects and discuss initiatives to attract further investments into the sector. At the start of the meeting, the Prime Minister reaffirmed the state’s strong focus on the energy sector, emphasising
- [Polaris Parks expands footprint in Sadat City with 1.1 million sqm land acquisition](https://www.dailynewsegypt.com/2026/01/25/polaris-parks-expands-footprint-in-sadat-city-with-1-1-million-sqm-land-acquisition/) - Polaris Parks for Industrial Development, a leading developer of industrial parks in Egypt, has announced the acquisition of a new 1.1 million square metre land plot in a strategic location in Sadat City. The expansion is expected to attract direct investments of around $1bn and generate approximately 15,000 direct and indirect job opportunities. The acquisition
- [Egypt reaffirms cooperation with UNESCO on water management, climate adaptation](https://www.dailynewsegypt.com/2026/01/25/egypt-reaffirms-cooperation-with-unesco-on-water-management-climate-adaptation/) - Egypt’s Minister of Water Resources and Irrigation, Hany Sewilam, met with Nouraia Sanz, Regional Director of UNESCO’s Cairo Office, ahead of the end of her term, reaffirming Egypt’s commitment to continued cooperation with the organisation on water management and climate adaptation, the ministry said. During the meeting, Sewilam praised UNESCO’s constructive role in supporting Egypt
- [Egypt, Sweden discuss expanding health cooperation ahead of planned ministerial visit](https://www.dailynewsegypt.com/2026/01/25/egypt-sweden-discuss-expanding-health-cooperation-ahead-of-planned-ministerial-visit/) - Egypt’s Health Minister Khaled Abdel Ghaffar met Sweden’s ambassador to Cairo Dag Juhlin on Sunday to discuss strengthening bilateral cooperation in the healthcare sector, including preparations for a planned visit by Sweden’s health minister, the Egyptian health ministry said. Ministry spokesperson Hossam Abdel Ghaffar said talks covered arranging field visits for the Swedish minister
- [Gold prices surge EGP 580 in one week as supply tightens](https://www.dailynewsegypt.com/2026/01/25/gold-prices-surge-egp-580-in-one-week-as-supply-tightens/) - Gold prices in Egypt’s local market rose by around EGP 580, or 9.4%, during last week’s trading, driven by a sharp rally in global bullion prices, which climbed by about $392, or 8.5%—the strongest weekly gain in nearly six years. The surge came amid rising demand, escalating geopolitical tensions, and heightened political uncertainty worldwide, according
- [Bold Brand rolls out AI-powered marketing services in Egypt, Saudi Arabia](https://www.dailynewsegypt.com/2026/01/25/bold-brand-rolls-out-ai-powered-marketing-services-in-egypt-saudi-arabia/) - Bold Brand, a digital marketing agency, has announced the launch of a comprehensive suite of artificial intelligence (AI)-powered services across the Egyptian and Saudi markets, marking a new phase in its regional expansion and reinforcing its commitment to supporting digital transformation for businesses. The newly introduced AI-driven solutions are designed to enhance marketing efficiency, optimise
- [Home Group launches La Vida Ismailia, begins construction ahead of official rollout](https://www.dailynewsegypt.com/2026/01/25/home-group-launches-la-vida-ismailia-begins-construction-ahead-of-official-rollout/) - Home Group Developments has launched its new residential project, La Vida Ismailia, in Ismailia city, with construction work already underway ahead of the project’s official market rollout. Anton Gamal, Chairperson and CEO of Home Group Developments, said the project builds on the company’s more than 18 years of experience in the Egyptian real estate market,
- [STM, Majid Al Futtaim partner to expand Carrefour, Supeco presence](https://www.dailynewsegypt.com/2026/01/25/stm-majid-al-futtaim-partner-to-expand-carrefour-supeco-presence/) - STM has signed a memorandum of understanding (MoU) with Majid Al Futtaim, the exclusive operator of the Carrefour brand in Egypt, marking a strategic move to strengthen the retail sector and expand modern shopping destinations across STM’s developments. Under the agreement, Carrefour and Supeco stores will be rolled out across selected STM projects, with the
- [EBA explores future of fractional real estate investment, digital platforms](https://www.dailynewsegypt.com/2026/01/25/eba-explores-future-of-fractional-real-estate-investment-digital-platforms/) - Fathallah Fawzy, Chairperson of the Real Estate Development and Contracting Committee at the Egyptian Businessmen’s Association (EBA), said that moving towards fractional property ownership through digital platforms and real estate investment funds (REIFs) represents an important step in developing modern financial mechanisms that support the national economy. Speaking during a committee meeting, participants described these
- [US envoy Witkoff discusses phase two of Trump Gaza plan with Netanyahu](https://www.dailynewsegypt.com/2026/01/25/us-envoy-witkoff-discusses-phase-two-of-trump-gaza-plan-with-netanyahu/) - US special envoy Steve Witkoff said on Sunday that discussions with Israeli Prime Minister Benjamin Netanyahu regarding the implementation of the second phase of a 20-point plan for the Gaza Strip were "constructive and positive." The meeting, held in Tel Aviv on Saturday, included a US delegation comprising Jared Kushner, senior advisor Aryeh Lightstone, and
- [Egypt, Tunisia, Algeria to discuss Libyan political deadlock and foreign force withdrawal](https://www.dailynewsegypt.com/2026/01/25/egypt-tunisia-algeria-to-discuss-libyan-political-deadlock-and-foreign-force-withdrawal/) - Egyptian Foreign Minister Badr Abdelatty arrived in Tunisia on Sunday to participate in a tripartite meeting with his Tunisian and Algerian counterparts focused on securing the withdrawal of foreign mercenaries from Libya and resolving the country's institutional deadlock. The Egyptian Foreign Ministry said the discussions aim to reach a comprehensive and sustainable political solution that
- [Egypt aims to shift state role to economic regulator under new SOE law](https://www.dailynewsegypt.com/2026/01/25/egypt-aims-to-shift-state-role-to-economic-regulator-under-new-soe-law/) - Egypt is seeking technical cooperation with the World Bank to activate its state-owned enterprises (SOE) unit and implement new legislation designed to increase private sector participation in the economy, Minister of Planning and International Cooperation Rania Al-Mashat said. In a meeting with World Bank Country Director Stefan Gimbert and International Finance Corporation (IFC) Regional Director
- [NBE’s corporate finance, syndicated loans portfolio reaches around EGP 4.8trn in 2025](https://www.dailynewsegypt.com/2026/01/24/nbes-corporate-finance-syndicated-loans-portfolio-reaches-around-egp-4-8trn-in-2025/) - The National Bank of Egypt (NBE) continues to consolidate its position as Egypt’s largest financial institution in terms of the size of its corporate finance and syndicated loans portfolio, recording steady growth across its credit and financing indicators during the current financial year. This performance reflects the strength of the bank’s financial position and its
- [Ireland’s Alex Maguire sets course record to lead MENA Tour event in Egypt's North Coast](https://www.dailynewsegypt.com/2026/01/25/irelands-alex-maguire-sets-course-record-to-lead-mena-tour-event-in-egypts-north-coast/) - Irishman Alex Maguire carded a course-record nine-under-par 63 to take a three-shot lead following the opening round of the second MENA Tour event of the Egypt Golf Series 2026 on Sunday. Maguire recorded an error-free round at the Idriss Marassi resort in the North Coast, which is hosting the second of four consecutive professional tournaments
- [Al-Sisi declares Egypt ‘untouchable’, draws red lines on militias, Gaza displacement](https://www.dailynewsegypt.com/2026/01/24/al-sisi-declares-egypt-untouchable-draws-red-lines-on-militias-gaza-displacement/) - Egyptian President Abdel Fattah Al-Sisi said on Saturday that Egypt remains fully secure and immune to threats, stressing that the country’s strength lies in the unity of its institutions and the awareness of its people. “No one can threaten Egypt,” he said, warning that safeguarding national stability requires constant vigilance and accountability. Speaking at a
- [Government plans EGP 2.7trn in local debt issuances in Q3 FY2025/2026](https://www.dailynewsegypt.com/2026/01/24/government-plans-egp-2-7trn-in-local-debt-issuances-in-q3-fy2025-2026/) - The Egyptian government intends to offer treasury bills, bonds and sukuk worth a combined EGP 2.703trn during the third quarter of fiscal year (FY) 2025/2026, according to data published by the Ministry of Finance. The planned issuances, which will be executed by the Central Bank of Egypt (CBE) on behalf of the government, are aimed
- [Abdelatty urges Israeli withdrawal, Sudan ceasefire in calls with Guterres and Mladenov](https://www.dailynewsegypt.com/2026/01/24/abdelatty-urges-israeli-withdrawal-sudan-ceasefire-in-calls-with-guterres-and-mladenov/) - Egyptian Foreign Minister Badr Abdelatty called for a full Israeli withdrawal from Gaza, the deployment of an international stabilisation force, and an immediate humanitarian truce in Sudan during separate calls with UN Secretary-General António Guterres and Gaza Representative Nickolay Mladenov. In the discussions held on Friday, Abdelatty emphasised that the transition to the second phase
- [Egypt, Philippines discuss expanding agricultural market access](https://www.dailynewsegypt.com/2026/01/24/egypt-philippines-discuss-expanding-agricultural-market-access/) - Minister of Agriculture and Land Reclamation Alaa Farouk has met a high-level Philippine delegation to discuss prospects for expanding bilateral agricultural cooperation and removing barriers to agricultural exports between the two countries. The delegation was headed by Zamzamin Ampatuan, Undersecretary of the Philippine Department of Agriculture for Mindanao Affairs and Director of the Halal Food
- [Egypt explores investment opportunities with Uber, Olayan and UPL](https://www.dailynewsegypt.com/2026/01/24/egypt-explores-investment-opportunities-with-uber-olayan-and-upl/) - Minister of Investment and Foreign Trade Hassan El Khatib held a series of high-level meetings with executives from major international firms to review investment opportunities across key sectors of the Egyptian economy. The meetings, held on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland, focused on strengthening economic cooperation with international partners
- [Egypt steps up work on high-speed train network](https://www.dailynewsegypt.com/2026/01/24/egypt-steps-up-work-on-high-speed-train-network/) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir has conducted an extensive inspection tour to review progress on the first line of Egypt’s High-Speed Train network. The tour covered the section stretching from 6th of October City to Borg El Arab, with a focus on station construction, civil works
- [Arab Puppetry Forum concludes in Cairo following multi-year hiatus](https://www.dailynewsegypt.com/2026/01/24/arab-puppetry-forum-concludes-in-cairo-following-multi-year-hiatus/) - The return of the Arab Puppetry and Dolls Forum to Cairo after a multi-year hiatus confirms Egypt’s position as a hub for arts and cultural awareness, Culture Minister Ahmed Fouad Hanno said on Friday. The fifth edition of the Arab Puppetry and Dolls Forum, which ran from Jan 21 to Jan 23, was organised by
- [Egypt, Japan to co-chair environmental track at UN Water Conference 2026](https://www.dailynewsegypt.com/2026/01/24/egypt-japan-to-co-chair-environmental-track-at-un-water-conference-2026/) - Egypt and Japan have secured the joint chairmanship of the third interactive dialogue track at the United Nations Water Conference 2026, titled “Water for Planet”, Egypt’s Ministry of Water Resources and Irrigation said on Saturday. The ministry said the track will focus on protecting ecosystems and biodiversity, restoring the natural water cycle, and enhancing resilience
- [Protecting coastal waters remains a national priority, says Egypt's acting Environment Minister](https://www.dailynewsegypt.com/2026/01/24/protecting-coastal-waters-remains-a-national-priority-says-egypts-acting-environment-minister/) - Egypt is continuing the implementation of monitoring and follow-up programmes for coastal water quality across its shores to assess the environmental status of the water, the Ministry of Environment said on Saturday. The initiative, directed by Manal Awad, Minister of Local Development and Acting Minister of Environment, aims to monitor changes resulting from various activities
- [Iran warns of 'total war' as US carrier strike group nears Middle East](https://www.dailynewsegypt.com/2026/01/24/iran-warns-of-total-war-as-us-carrier-strike-group-nears-middle-east/) - Iran warned on Friday it would treat any military strike as "total war" and has placed its armed forces on high alert as a US carrier strike group and thousands of troops approach the region. A senior Iranian official told Reuters that while Tehran hopes the military build-up does not lead to a physical confrontation,
- [Africa FDI drops one-third in 2025 despite Egypt’s resilience as top host: UNCTAD](https://www.dailynewsegypt.com/2026/01/24/africa-fdi-drops-one-third-in-2025-despite-egypts-resilience-as-top-host-unctad/) - Global foreign direct investment (FDI) rose 14% to an estimated $1.6trn in 2025, though growth was concentrated in developed economies while Africa saw inflows plummet by approximately one-third. Egypt maintained its position as the largest FDI host on the African continent, attracting $11bn in inflows. This performance comes despite a broader continental downturn that reflected
- [NSB launches ‘Sanad’ savings certificate with 18% annual return](https://www.dailynewsegypt.com/2026/01/24/nsb-launches-sanad-savings-certificate-with-18-annual-return/) - Nasser Social Bank (NSB) has announced the launch of a new one-year “Sanad” savings certificate, offering an annual return of 18% paid yearly, or 17% paid monthly, as part of its efforts to provide highly competitive returns in the banking market. The move reflects the bank’s commitment to strengthening financial inclusion, accelerating digital transformation, and
- [United Bank launches Doctors’ Financing Product to support healthcare sector](https://www.dailynewsegypt.com/2026/01/24/united-bank-launches-doctors-financing-product-to-support-healthcare-sector/) - The United Bank has announced the launch of a dedicated Doctors’ Financing Product aimed at supporting physicians and strengthening the healthcare system by helping to establish and expand clinics and medical centres, as well as enhance the efficiency of healthcare services provided to citizens. The new product aligns with the state’s development priorities, the Central
- [Coca-Cola to open Alexandria production line and triple Cairo digital hub workforce](https://www.dailynewsegypt.com/2026/01/21/coca-cola-to-open-alexandria-factory-and-triple-cairo-digital-hub-workforce/) - Coca-Cola plans to open a new production line in Alexandria and more than double the workforce at its Cairo digital hub by 2027, company executives told Egyptian ministers on Wednesday. The expansion was discussed during a meeting at the World Economic Forum between Egyptian Minister of Finance Ahmed Kouchouk, Minister of Investment and Foreign Trade
- [Updating Egypt’s agriculture law is urgent amid water scarcity and climate change: Experts](https://www.dailynewsegypt.com/2026/01/22/updating-egypts-agriculture-law-is-urgent-amid-water-scarcity-and-climate-change-experts/) - Mohamed El‑Sebaei, former deputy head of the Senate’s Agriculture and Irrigation Committee, said updating Egypt’s Agriculture Law is no longer optional but an urgent necessity imposed by current challenges. Speaking during a workshop reviewing the legislative impact assessment of Agriculture Law No. 53 of 1966 and its amendments, El-Sebaei said Egypt faces three major
- [Finland’s Ruuska wins Egypt Golf Series opener with 10-under-par final round](https://www.dailynewsegypt.com/2026/01/21/finlands-ruuska-wins-egypt-golf-series-opener-with-10-under-par-final-round/) - Egypt Golf Series is to continue at Marassi Address resort starting on January 24, then return for a final showdown at Madinaty Golf Club
- [Madbouly opens largest-ever Cairo International Book Fair with record international participation](https://www.dailynewsegypt.com/2026/01/21/madbouly-opens-largest-ever-cairo-international-book-fair-with-record-international-participation/) - Egypt on Wednesday opened the 57th edition of the Cairo International Book Fair, with Prime Minister Mostafa Madbouly inaugurating the event on behalf of President Abdel Fattah Al-Sisi at the Egypt International Exhibition Centre in New Cairo. Held under presidential patronage, the fair will run from 21 January to 3 February and is being billed
- [Madbouly says Egypt has paid $5bn of arrears to foreign oil partners](https://www.dailynewsegypt.com/2026/01/21/madbouly-says-egypt-has-paid-5bn-of-arrears-to-foreign-oil-partners/) - Egypt has paid approximately $5bn of outstanding arrears to foreign partners in the petroleum sector and remains committed to settling regular monthly invoices, Prime Minister Mostafa Madbouly said on Wednesday. Speaking during a weekly cabinet meeting at the government headquarters in the New Administrative Capital, Madbouly stated that arrears to foreign partners stood at $6.1bn
- [ETA launches mobile app for electronic payment of real estate transaction tax](https://www.dailynewsegypt.com/2026/01/21/eta-launches-mobile-app-for-electronic-payment-of-real-estate-transaction-tax/) - The Egyptian Tax Authority (ETA) has launched a new mobile application that allows taxpayers to pay real estate transaction tax electronically and obtain tax clearance certificates in a fast and convenient manner, according to Rasha Abdel Aal, the ETA chairperson. Speaking at a meeting organised by the Swiss Chamber of Commerce in Egypt, Abdel Aal
- [Trump vows to ‘get back on track’ Nile dam deal in meeting with Al-Sisi](https://www.dailynewsegypt.com/2026/01/21/trump-vows-to-get-back-on-track-nile-dam-deal-in-meeting-with-al-sisi/) - US President Donald Trump pledged to resume mediation of the long-standing dispute between Egypt and Ethiopia over the Grand Ethiopian Renaissance Dam (GERD), during a meeting with Egyptian President Abdel Fattah Al-Sisi on Wednesday. He described the project as a "dangerous" issue that has effectively blocked the Nile River. Speaking during the meeting with Al-Sisi
- [Global protectionist policies offer Africa industrial investment opportunities, Egypt’s Al-Mashat says](https://www.dailynewsegypt.com/2026/01/21/global-protectionist-policies-offer-africa-industrial-investment-opportunities-egypts-al-mashat-says/) - Global protectionist policies are creating opportunities for African nations to attract industrial investment by encouraging companies to reshore activities to the continent, Egypt’s Minister of Planning, Economic Development and International Cooperation said on Wednesday. Speaking at the launch of the Brookings Institution’s “Foresight Africa” report during the World Economic Forum in Davos, Rania Al-Mashat said
- [Egypt private sector investment grows 73% as ministers seek expanded EBRD support](https://www.dailynewsegypt.com/2026/01/21/egypt-private-sector-investment-grows-73-as-ministers-seek-expanded-ebrd-support/) - Egypt’s private sector investment grew by 73% over the past year and continued to rise by 48% in the first quarter of the current year, Minister of Investment and Foreign Trade Hassan El-Khatib said during meetings with the European Bank for Reconstruction and Development (EBRD) on Wednesday. Speaking on the sidelines of the World Economic
- [Government approves measures to boost tourism investment](https://www.dailynewsegypt.com/2026/01/21/government-approves-measures-to-boost-tourism-investment/) - Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny chaired a meeting of the Board of Directors of the Tourism Development Authority (TDA) to review the authority’s work agenda, assess the progress of tourism development projects, and discuss ways to accelerate tourism investment. During the meeting, the board approved a package of measures aimed at
- [Syria warns of booby-trapped sites as Hasakah arrests threaten 4-day ceasefire with SDF](https://www.dailynewsegypt.com/2026/01/21/syria-warns-of-booby-trapped-sites-as-hasakah-arrests-threaten-4-day-ceasefire-with-sdf/) - The Syrian army’s Operations Command warned civilians in the provinces of Raqqa, Deir ez-Zor, and eastern Aleppo on Wednesday against entering Syrian Democratic Forces (SDF) sites or tunnels, alleging the areas have been heavily booby-trapped. The warning comes as Syria’s Ministry of Interior declared the al-Hol camp in eastern Hasakah and recently deployed security prisons
- [Trump vows to "wipe Iran off the face of the earth" if assassination threats carried out](https://www.dailynewsegypt.com/2026/01/21/trump-vows-to-wipe-iran-off-the-face-of-the-earth-if-assassination-threats-carried-out/) - US President Donald Trump has said he issued "very strict" instructions for the United States to "wipe Iran off the face of the earth" if the country attempts to carry out threats to assassinate him. In an interview with News Nation to mark the first anniversary of his inauguration, a portion of which was broadcast
- [Irrigation Minister orders updated readiness plans ahead of peak summer water demand](https://www.dailynewsegypt.com/2026/01/21/irrigation-minister-orders-updated-readiness-plans-ahead-of-peak-summer-water-demand/) - Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, has directed the ministry’s agencies to update preparedness plans for the 2026 peak summer water demand season, stressing the need for full operational readiness of irrigation and drainage systems and the use of modern monitoring technologies to ensure efficiency and service quality. In a statement, the
- [EECE launches trade mission to Kuwait to boost Egyptian engineering exports](https://www.dailynewsegypt.com/2026/01/21/eece-launches-trade-mission-to-kuwait-to-boost-egyptian-engineering-exports/) - The Engineering Export Council of Egypt (EECE) has launched a trade mission to Kuwait, following the conclusion of a successful visit to the Qatari market, as part of its efforts to strengthen Egyptian engineering exports and expand their presence in high-potential regional markets. The mission is headed by Sherif El-Sayyad, Chairperson of the EECE, and
- [Egypt’s fresh, processed agricultural exports hit $11.5bn in 2025: Minister](https://www.dailynewsegypt.com/2026/01/21/egypts-fresh-processed-agricultural-exports-hit-11-5bn-in-2025-minister/) - Egypt’s fresh and processed agricultural exports reached a record $11.5bn in 2025, according to Alaa Farouk, Minister of Agriculture and Land Reclamation, underscoring the sector’s growing contribution to the national economy. Agricultural exports accounted for nearly 24% of Egypt’s total exports, highlighting agriculture’s role as a key driver of economic growth. Farouk described 2025 as
- [CBE, EU open 9th steering committee meeting of capacity-building initiative for African central banks](https://www.dailynewsegypt.com/2026/01/21/cbe-eu-open-9th-steering-committee-meeting-of-capacity-building-initiative-for-african-central-banks/) - Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), and Angelina Eichhorst, European Union (EU) Ambassador to Egypt and the League of Arab States, inaugurated the 9th Steering Committee Meeting of the EU-funded regional initiative to support African central banks through capacity building, titled “Strengthening Financial Stability, Resilience, and Governance – Towards an Enhanced
- [Suez Canal revenue rises 18.5% as shipping lines signal return to Red Sea Daily News Egypt](https://www.dailynewsegypt.com/2026/01/21/suez-canal-revenue-rises-18-5-as-shipping-lines-signal-return-to-red-sea-daily-news-egypt/) - Suez Canal revenue increased by 18.5% in the first half of the fiscal year (FY) 2025/26, Chairperson Osama Rabie said on Wednesday, as he declared conditions ready for the full return of global shipping lines to the waterway. Speaking during an expanded meeting at the Suez Canal Authority (SCA) headquarters in Ismailia with representatives from
- [Egypt’s current account deficit narrows 45.2% on surging remittances and tourism](https://www.dailynewsegypt.com/2026/01/21/egypts-current-account-deficit-narrows-45-2-on-surging-remittances-and-tourism/) - Egypt’s current account deficit narrowed by 45.2% to $3.2bn during the first quarter of the fiscal year (FY) 2025/26, supported by a significant surge in remittances and growth in the services sector. Central Bank of Egypt (CBE) data for the July-September 2025 period showed the deficit falling from $5.9bn in the same quarter a year
- [Al-Sisi invites global CEOs to invest in Egypt as economic indicators improve](https://www.dailynewsegypt.com/2026/01/21/al-sisi-invites-global-ceos-to-invest-in-egypt-as-economic-indicators-improve/) - President Abdel Fattah Al-Sisi told some 70 international business leaders on Wednesday that the Egyptian economy has successfully absorbed major global shocks and is prioritising private sector expansion through wide-ranging incentives and structural reforms. Speaking at a dialogue session on the sidelines of the World Economic Forum (WEF), Al-Sisi invited investors to capitalise on opportunities
- [Daltex Group launches ORTH smart farming assistant in Egypt at Agri Expo 2026](https://www.dailynewsegypt.com/2026/01/21/daltex-group-launches-orth-smart-farming-assistant-in-egypt-at-agri-expo-2026/) - Daltex Group, a provider of integrated agricultural solutions, participated in Agri Expo 2026, reaffirming its commitment to introducing advanced technologies and modern farming practices to support Egyptian farmers, boost productivity, and improve crop quality. The group said its participation aimed to spotlight a range of new initiatives and products that position Egypt among the countries
- [Egypt to fast-track state divestment and private sector role, Al-Sisi tells Davos](https://www.dailynewsegypt.com/2026/01/21/egypt-to-fast-track-state-divestment-and-private-sector-role-al-sisi-tells-davos/) - President Abdel Fattah Al-Sisi on Wednesday declared that Egypt is committed to empowering the private sector as the primary engine of national growth, inviting global investors to capitalise on a reformed business climate during a high-profile session at the World Economic Forum (WEF). "Egypt has prioritised strengthening the role of the private sector as a
- [Opinion | Trump’s America and the Global Monroe Doctrine: When Power Becomes Policy](https://www.dailynewsegypt.com/2026/01/21/opinion-trumps-america-and-the-global-monroe-doctrine-when-power-becomes-policy/) - At the dawn of 2026, the world no longer tolerates ambiguity. Diplomatic masks have slipped. Reality stands exposed. Raw power is the only language that requires no translation. At the centre of this historic shift is the United States. It has assumed the role of chief spokesperson for the law of the jungle. It revives
- [Opinion | The Strategic Evolution of Egypt’s Personal-Care  Manufacturing](https://www.dailynewsegypt.com/2026/01/21/opinion-the-strategic-evolution-of-egypts-personal-care-manufacturing/) - After more than two decades leading manufacturing and consumer-goods operations across international markets, my outlook on Egypt’s personal-care sector remains resolutely optimistic. We are witnessing a fundamental shift where the industry is no longer defined by cost efficiency alone. Instead, it is being reshaped by scale, export readiness, and the ability to operate as a
- [State adopts modern approach to asset management: El-Khatib](https://www.dailynewsegypt.com/2026/01/20/state-adopts-modern-approach-to-asset-management-el-khatib/) - Minister of Investment and Foreign Trade Hassan El-Khatib said the state has adopted a modern approach to managing its assets, based on comprehensive re-planning and improving efficiency of use to maximise economic returns and generate sustainable added value. El-Khatib made the remarks during a televised interview with the global Bloomberg network on the sidelines of
- [Customs exemption for mobile phones brought from abroad ends Wednesday](https://www.dailynewsegypt.com/2026/01/20/customs-exemption-for-mobile-phones-brought-from-abroad-ends-wednesday/) - The Egyptian Customs Authority and the National Telecom Regulatory Authority (NTRA) announced that the exceptional customs exemption granted to passengers bringing mobile phones from abroad will end on Wednesday. Exemptions for mobile phones belonging to Egyptians residing abroad and tourists will remain in place for 90 days. The decision comes as part of the implementation
- [Egypt targets 70% private sector investment by 2030 following 5.3% quarterly growth: Al-Mashat](https://www.dailynewsegypt.com/2026/01/20/egypt-targets-70-private-sector-investment-by-2030-following-5-3-quarterly-growth-al-mashat/) - Egypt is targeting a rise in the private sector’s share of total investment to over 70% by 2030, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Tuesday, following a 5.3% GDP growth rate in the first quarter of fiscal year (FY) 2025/26. The quarterly growth, which exceeded government expectations, was driven
- [HDP launches Grand Lane residential project in New Cairo with EGP 50bn investments](https://www.dailynewsegypt.com/2026/01/20/hdp-launches-grand-lane-residential-project-in-new-cairo-with-egp-50bn-investments/) - Housing and Development Properties (HDP), the real estate development arm of the Housing and Development Bank, has announced the launch of its new residential project, Grand Lane, in New Cairo, with total investments estimated at approximately EGP 50 billion. The project is being developed on an area of 98 feddans and offers a diverse mix
- [Egypt’s Environment Minister discusses boosting eco-tourism investment in natural reserves](https://www.dailynewsegypt.com/2026/01/20/egypts-environment-minister-discusses-boosting-eco-tourism-investment-in-natural-reserves/) - Egypt’s Minister of Local Development and Acting Minister of Environment, Manal Awad, held extensive talks on Tuesday with representatives of the Tahya Misr Fund to explore opportunities for expanding investment in eco-tourism across the country’s natural reserves. According to a statement from the Ministry of Environment, the meeting focused on upgrading and improving the operational
- [Egypt reviews progress on Capital Medical City project](https://www.dailynewsegypt.com/2026/01/20/egypt-reviews-progress-on-capital-medical-city-project/) - Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with representatives of INCOME at the ministry’s headquarters in the New Administrative Capital to review the latest developments in the implementation of the Capital Medical City project, a major national initiative encompassing hospitals, educational institutions, and research and training facilities. During
- [Egypt to establish stray dog shelters away from residential areas under new welfare strategy](https://www.dailynewsegypt.com/2026/01/20/egypt-to-establish-stray-dog-shelters-away-from-residential-areas-under-new-welfare-strategy/) - Egypt vaccinated 121,000 stray dogs and sterilised 8,311 others during 2025 as part of an expanding national strategy to manage stray populations through shelters and medical intervention, according to a government report. Prime Minister Mostafa Madbouly approved plans on Tuesday to expand the establishment of animal shelters across the country's governorates and authorised an increase
- [Egypt approves new cement licences, $1.29bn industrial projects to expand production capacity](https://www.dailynewsegypt.com/2026/01/20/egypt-approves-new-cement-licences-1-29bn-industrial-projects-to-expand-production-capacity/) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir chaired the 37th meeting of the Ministerial Group for Industrial Development, attended by senior ministers and government officials. The meeting approved the issuance of three new licences to establish cement factories, each with a single production line, in addition to expansion
- [Samara, Raya Holding launch electric golf cart assembly project in Saudi Arabia](https://www.dailynewsegypt.com/2026/01/20/samara-raya-holding-launch-electric-golf-cart-assembly-project-in-saudi-arabia/) - Samara Land Transportation Services Co., a subsidiary of Alturki Holding, announced on Tuesday the launch of an electric golf cart assembly manufacturing project in Saudi Arabia through a newly established joint venture with Raya Holding. The project combines Samara’s strong leadership and deep market presence in the Kingdom with the manufacturing and mobility expertise of
- [Tax Authority launches new platform to consult business community](https://www.dailynewsegypt.com/2026/01/20/tax-authority-launches-new-platform-to-consult-business-community/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced the launch of a new consultation platform designed to engage the business community in tax policymaking. The platform will enable the ETA to receive views and proposals from companies and economic sectors before issuing tax decisions that may affect their activities, reinforcing the principle
- [FRA, Ministry of Supply partner to streamline company registration, compliance](https://www.dailynewsegypt.com/2026/01/20/fra-ministry-of-supply-partner-to-streamline-company-registration-compliance/) - The Chairperson of the Financial Regulatory Authority (FRA), Mohamed Farid, and the Minister of Supply and Internal Trade, Sherif Farouk, witnessed the signing of a cooperation protocol between the Internal Trade Development Authority (ITDA) and the FRA. The agreement aims to establish and equip a dedicated commercial registry office at the FRA’s headquarters, supporting ongoing
- [Egypt's Al-Sisi arrives for Davos for WEF, scheduled to meet Trump](https://www.dailynewsegypt.com/2026/01/20/egypts-al-sisi-arrives-for-davos-for-wef-scheduled-to-meet-trump/) - Egyptian President Abdel Fattah Al-Sisi is set to hold talks with the US President Donald Trump on regional and international developments at the World Economic Forum in Davos, according to the Egyptian presidency. The two leaders will discuss ways to enhance cooperation and coordination between Egypt and the United States to serve mutual interests
- [Opinion | The Future of the Arabian Gulf in the Event of a Potential U.S.-Israeli Strike on Iran](https://www.dailynewsegypt.com/2026/01/20/opinion-the-future-of-the-arabian-gulf-in-the-event-of-a-potential-u-s-israeli-strike-on-iran/) - The possibility of a U.S.-Israeli strike on Iran presents an exceptional scenario that could redraw the contours of security and stability in the Arabian Gulf. With Iran’s internal tensions escalating and its controversial nuclear programme ongoing, the Gulf has become the epicentre of global attention—not only geopolitically, but also economically, strategically, and socially. In the
- [Opinion | The Future of Egypt’s Culture: An Age of Anxiety](https://www.dailynewsegypt.com/2026/01/20/opinion-the-future-of-egypts-culture-an-age-of-anxiety/) - In a few days, at the Cairo International Book Fair, my second book, “The Future of Egypt’s Culture: An Age of Anxiety”, will be released. This book was not written as a purely academic study, nor as a political manifesto, nor as the outcry of an angry intellectual. Rather, it is an attempt to understand
- [Egyptian Golf Federation chief says nation possesses world’s "most beautiful" courses](https://www.dailynewsegypt.com/2026/01/20/egyptian-golf-federation-omar-hisham/) - Egyptian Golf Federation President Omar Hisham Talaat stated that golf is currently one of the fastest-growing sports in the country
- [MARAKEZ secures EGP 3bn financing from KFH-Egypt to expand District 5 commercial, office offerings](https://www.dailynewsegypt.com/2026/01/19/marakez-secures-egp-3bn-financing-from-kfh-egypt-to-expand-district-5-commercial-office-offerings/) - MARAKEZ, one of Egypt’s leading mixed-use real estate developers, has secured an EGP 3bn project finance facility from Kuwait Finance House Bank – Egypt (KFH-Egypt) to support the expansion of its commercial and administrative offerings at District 5, underscoring strong demand for premium office spaces and the company’s continued growth. The financing agreement was signed
- [Egypt advances local production of pneumococcal vaccine through VACSERA partnership](https://www.dailynewsegypt.com/2026/01/19/egypt-advances-local-production-of-pneumococcal-vaccine-through-vacsera-partnership/) - Egypt’s Ministry of Health and Population announced that the state-owned Holding Company for Biological Products and Vaccines (VACSERA) has hosted a delegation from GenVax Egypt and China’s Minhai, as part of efforts to localise production of a key childhood vaccine. The visit aims to fast-track implementation of a “gap analysis” plan required to activate an
- [Bel Group invests €150m in Egypt to expand production, modernize facilities](https://www.dailynewsegypt.com/2026/01/19/bel-group-invests-e150m-in-egypt-to-expand-production-modernize-facilities/) - Bel Group has reinforced its commitment to Egypt with nearly €150m in investments focused on industrial excellence, digitalization, and advanced production technologies. After more than 28 years in the Egyptian market, the company is strengthening its role as a regional hub while supporting the delivery of healthier, more accessible food for consumers. The company’s 10th
- [FRA issues regulations governing insurance coverage for medical errors under government fund](https://www.dailynewsegypt.com/2026/01/19/fra-issues-regulations-governing-insurance-coverage-for-medical-errors-under-government-fund/) - The Financial Regulatory Authority (FRA) has issued regulations governing insurance operations covered by the Government Fund for Insurance against Risks Arising from Medical Errors, as part of efforts to enforce the provisions of the Unified Insurance Law and the Law Regulating Medical Liability and Patient Safety. The regulations set out a framework for determining annual
- [Egypt targets competitiveness, private capital as reforms enter delivery phase: Investment Minister](https://www.dailynewsegypt.com/2026/01/19/egypt-targets-competitiveness-private-capital-as-reforms-enter-delivery-phase-investment-minister/) - Hassan El-Khatib, Minister of Investment and Foreign Trade, said Egypt has decisively moved from a phase of stability to one of execution, noting that with macroeconomic stability restored, the focus has shifted to enhancing competitiveness, driving export-led growth and attracting private investment. These reforms, he explained, are aimed at supporting listed companies, deepening capital markets
- [AfDB provides $170m to Egypt for economic diversification and sustainability](https://www.dailynewsegypt.com/2026/01/19/afdb-provides-170m-to-egypt-for-economic-diversification-and-sustainability/) - Egypt and the African Development Bank (AfDB) have signed a $170m agreement for the second phase of the Private Sector Development and Economic Diversification Support Program (PSD-EDSP II) to support the state budget and advance structural reforms. The Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, and AfDB Country Manager Abdourahmane Diaw signed
- [Egypt to commence construction of 4,000-bed medical city](https://www.dailynewsegypt.com/2026/01/19/egypt-to-commence-construction-of-4000-bed-medical-city/) - Egypt's Prime Minister Mostafa Madbouly has ordered the immediate implementation of the "Medical Capital City for Hospitals and Educational Research and Training Institutes" following directives from President Abdel Fattah Al-Sisi. During a meeting on Monday to track the project's progress, Madbouly described the development as a significant addition to Egypt’s future that will provide a
- [Al-Sisi calls for unified religious discourse to counter extremism, modernize Islamic outreach](https://www.dailynewsegypt.com/2026/01/19/al-sisi-calls-for-unified-religious-discourse-to-counter-extremism-modernize-islamic-outreach/) - Egyptian President Abdel Fattah Al-Sisi on Monday urged the development of a unified and enlightened religious discourse to confront extremism and adapt Islamic outreach to the digital era, as Cairo hosted senior Islamic officials and scholars at an international conference. Al-Sisi received ministers, grand muftis, heads of Islamic councils and institutions, and leading scholars attending
- [Madinet Masr posts record EGP 52.1bn in new sales as deliveries surge 201% in 2025](https://www.dailynewsegypt.com/2026/01/19/madinet-masr-posts-record-egp-52-1bn-in-new-sales-as-deliveries-surge-201-in-2025/) - Egyptian real estate developer Madinet Masr reported a strong performance in 2025, achieving record new sales of approximately EGP 52.1bn. During the year, the company sold 4,462 units, while the number of delivered units rose sharply to 1,941 units, compared with 645 units in 2024, representing a 201% year-on-year increase. The results underscore Madinet Masr’s
- [Finance, investment ministers witness Customs-Commercial Service cooperation protocol](https://www.dailynewsegypt.com/2026/01/19/finance-investment-ministers-witness-customs-commercial-service-cooperation-protocol/) - Ahmed Kouchouk, Minister of Finance, and Hassan El-Khatib, Minister of Investment and Foreign Trade, witnessed the signing of a cooperation protocol between Ahmed Amoui, head of the Egyptian Customs Authority, and Abdelaziz El-Sherif, head of the Egyptian Commercial Service, as part of efforts to enhance the competitiveness of the Egyptian economy. The two ministers underscored
- [Egypt, GIZ, IFAD partner to drive climate-resilient agriculture under NWFE programme](https://www.dailynewsegypt.com/2026/01/19/egypt-giz-ifad-partner-to-drive-climate-resilient-agriculture-under-nwfe-programme/) - Egypt’s Ministry of Planning, Economic Development and International Cooperation witnessed the signing of a Memorandum of Understanding between the German Agency for International Cooperation (GIZ) and the International Fund for Agricultural Development (IFAD) to enhance climate-resilient agricultural and rural development. The agreement, which operates under the framework of Egypt’s "NWFE" programme, was signed by Regine
- [Egypt signs $350m agreement to develop integrated textile industrial complex in New October City](https://www.dailynewsegypt.com/2026/01/19/egypt-signs-350m-agreement-to-develop-integrated-textile-industrial-complex-in-new-october-city/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, witnessed the signing of a contract to establish an integrated spinning and textile industrial complex in New October City, with initial investments estimated at $350m. The project will be developed under the private free zones system on an area of
- [Orion Consumer Finance secures FRA licence ahead of market launch](https://www.dailynewsegypt.com/2026/01/19/orion-consumer-finance-secures-fra-licence-ahead-of-market-launch/) - Orion Consumer Finance (algo), a partnership between Talaat Moustafa Group (TMG) and AUR Leasing and Factoring, has received approval from the Financial Regulatory Authority (FRA) to operate in Egypt’s consumer finance sector, after fulfilling all regulatory requirements set by the authority. The approval comes in line with the state’s efforts to expand non-banking financial services
- [KOICA’s development portfolio in Egypt reaches $100m: Country Director](https://www.dailynewsegypt.com/2026/01/19/koicas-development-portfolio-in-egypt-reaches-100m-country-director/) - At a time when Egypt–Korea relations are gaining renewed momentum, development cooperation has emerged as a central pillar of this growing partnership. Against this backdrop, Dr Sooyoung Park, Country Director of the Korea International Cooperation Agency (KOICA) Egypt Office, spoke to Daily News Egypt following her arrival in Egypt last August, marking the beginning of
- [IMF raises Egypt economic growth outlook to 5.4% for FY 2026/27](https://www.dailynewsegypt.com/2026/01/19/imf-raises-egypt-economic-growth-outlook-to-5-4-for-fy-2026-27/) - The International Monetary Fund has revised its growth forecasts for Egypt upwards to reach 5.4% in the fiscal year (FY) 2026/27, citing a positive shift in economic indicators. In its January 2026 World Economic Outlook Update, the IMF raised Egypt's GDP growth projection for the FY 2025/26 to 4.7%, which represents a 0.2 percentage point
- [FRA grants fintech licence to Granite, enabling Egypt’s first fully digital money market account](https://www.dailynewsegypt.com/2026/01/18/fra-grants-fintech-licence-to-granite-enabling-egypts-first-fully-digital-money-market-account/) - Granite Financial Holding, a digitally enabled asset management company, has received a fintech licence from the Financial Regulatory Authority (FRA), paving the way for the immediate launch of its proprietary mobile application, the Granite Money Market Account (Granite MMA). The launch follows an FRA decision issued on Thursday authorising Granite to use fintech solutions to
- [Egyptian Competition Authority approves five major mergers, acquisitions](https://www.dailynewsegypt.com/2026/01/18/egyptian-competition-authority-approves-five-major-mergers-acquisitions/) - The Economic Concentration Review Committee at the Egyptian Competition Authority (ECA) has approved a series of significant mergers and acquisitions across multiple sectors. Dar Al-Handasah Consultants (Shair and Partners) will acquire 100% of the shares of John Wood Group. Meanwhile, the SPEBEF 3 Fund, Proparco, the European Bank for Reconstruction and Development, and the Belgian
- [Egypt promotes private sector partnership to accelerate textile, garment industry development](https://www.dailynewsegypt.com/2026/01/18/egypt-promotes-private-sector-partnership-to-accelerate-textile-garment-industry-development/) - Egypt’s Minister of Public Enterprises Sector, Mohamed El-Shimy, held a meeting with representatives from the Ready-Made Garments and Home Textiles Chamber, the Textile Industries Chamber, and the Apparel Export Council to discuss ways to strengthen cooperation with companies affiliated to the Holding Company for Cotton, Spinning, and Weaving. According to a statement from the ministry,
- [Egypt, South Korea sign joint statement on Comprehensive Economic Partnership Agreement](https://www.dailynewsegypt.com/2026/01/18/egypt-south-korea-sign-joint-statement-on-comprehensive-economic-partnership-agreement/) - Egypt and South Korea have taken a major step to deepen economic cooperation, with Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, and Yeo Han-koo, South Korea’s Minister of Trade, Industry, and Resources, signing a joint statement on a Comprehensive Economic Partnership Agreement (CEPA) between the two countries. The signing, held during a bilateral
- [Kemet, TBEA sign MoU to establish Egypt’s first inverter manufacturing plant](https://www.dailynewsegypt.com/2026/01/18/kemet-tbea-sign-mou-to-establish-egypts-first-inverter-manufacturing-plant/) - Mahmoud Esmat, Minister of Electricity and Renewable Energy, witnessed—at the conclusion of his official visit to China—the signing of a memorandum of understanding (MoU) between Egyptian company Kemet and China’s TBEA. The agreement covers cooperation in renewable energy, the transfer and localisation of manufacturing technologies for grid-connection systems used in the national electricity network, and
- [Housing minister orders fast-tracked completion of New Capital’s Business District](https://www.dailynewsegypt.com/2026/01/18/housing-minister-orders-fast-tracked-completion-of-new-capitals-business-district/) - Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny held a regular meeting to review progress on the Central Business District (CBD) project in the New Administrative Capital, as well as the Downtown Towers and Lagoons project in New Alamein City. At the outset of the meeting, El-Sherbiny stressed the strategic importance of the CBD,
- [Gold prices rise by EGP 325 since start of 2026 in Egypt: iSagha](https://www.dailynewsegypt.com/2026/01/18/gold-prices-rise-by-egp-325-since-start-of-2026-in-egypt-isagha/) - Gold prices posted strong gains in Egypt over the past week, tracking a parallel rise in global markets, with prices climbing by around 1.9% amid escalating geopolitical tensions and political uncertainty, according to a report by iSagha. Saied Embaby, CEO of iSagha, said local gold prices increased by approximately EGP 115 over the week. The
- [EGP 10.05bn injected into national veal project in 2025: Official](https://www.dailynewsegypt.com/2026/01/18/egp-10-05bn-injected-into-national-veal-project-in-2025-official/) - Tarek Soliman, Head of the Livestock and Poultry Development Sector within Egypt's Ministry of Agriculture and Land Reclamation, said that approvals were granted in 2025 to disburse EGP 1.06bn to 1,122 beneficiaries for the breeding and fattening of 12,438 heads of livestock under the National Veal Project. This brought total funding injected into the project
- [Egypt poised to become regional automotive manufacturing hub: General Motors](https://www.dailynewsegypt.com/2026/01/18/egypt-poised-to-become-regional-automotive-manufacturing-hub-general-motors/) - General Motors believes Egypt has the fundamentals to become a regional centre for automotive manufacturing and exports to the Middle East and Africa, according to Sharon Nishi, Chair and Managing Director of General Motors Egypt & Africa. Speaking to Daily News Egypt, Nishi said the company is working closely with the Egyptian government to develop
- [Egypt, India explore deeper cooperation on climate action, waste management](https://www.dailynewsegypt.com/2026/01/18/egypt-india-explore-deeper-cooperation-on-climate-action-waste-management/) - Egypt’s Minister of Local Development and Acting Minister of Environment, Manal Awad, met with India’s Minister of State for External Affairs, Environment, Forest and Climate Change, Shri Kirti Vardhan Singh, in Cairo to discuss expanding bilateral cooperation across a broad range of environmental and climate-related fields, the Egyptian Ministry of Environment said. The talks, attended
- [Egypt, Greece, Cyprus push for GREGY energy link and Gaza reconstruction](https://www.dailynewsegypt.com/2026/01/18/egypt-greece-cyprus-push-for-gregy-energy-link-and-gaza-reconstruction/) - Egypt and its Mediterranean allies, Greece and Cyprus, have moved to accelerate the GREGY electrical interconnection project and coordinated on a roadmap for Gaza’s reconstruction, including support for a technocratic committee to manage the territory. Egyptian Foreign Minister Badr Abdelatty announced the developments on Sunday following a series of bilateral and trilateral political consultations in
- [Al-Sisi reviews Suez Canal traffic recovery, expects higher revenues in 2026](https://www.dailynewsegypt.com/2026/01/18/al-sisi-reviews-suez-canal-traffic-recovery-expects-higher-revenues-in-2026/) - Egyptian President Abdel Fattah Al-Sisi met on Sunday with Osama Rabie, Chairperson of the Suez Canal Authority (SCA), to review recent developments in shipping traffic and the authority’s maritime development plans. Rabie told the president that the canal recorded a relative improvement and partial recovery in traffic during the second half of 2025, including the
- [FRA grants EGX first licence to operate derivatives trading](https://www.dailynewsegypt.com/2026/01/18/fra-grants-egx-first-licence-to-operate-derivatives-trading/) - The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has granted the Egyptian Exchange (EGX) its first licence to operate futures exchanges for derivatives based on securities listed on the Egyptian market. The milestone step reflects the FRA’s commitment to developing Egypt’s capital market infrastructure, diversifying investment instruments, and enhancing risk management in line with
- [Tesla Developments to launch second phase of Tesla Residence in West Cairo](https://www.dailynewsegypt.com/2026/01/18/tesla-developments-to-launch-second-phase-of-tesla-residence-in-west-cairo/) - Tesla Developments has sold out the first phase of its Tesla Residence project and is preparing to launch the second phase, which is expected to attract strong interest from both homebuyers and investors. Alaa El-Sheikh, Chief Commercial Officer at Tesla Developments, said the rapid sell-out of the initial phase reflects market confidence in the company’s
- [Title deed insurance opens new real estate investment opportunities in Egypt](https://www.dailynewsegypt.com/2026/01/18/title-deed-insurance-opens-new-real-estate-investment-opportunities-in-egypt/) - The Financial Regulatory Authority’s (FRA) introduction of real estate title deed insurance marks a significant step for Egypt’s property sector, strengthening investor protection and opening the door to greater foreign participation. Moataz Shaarawy, Chief Executive Officer of Uptown 6 October Investment Group, described the move as a strategic tool that enhances confidence in real estate
- [Egypt’s property market remains stable with limited delivery delays: Real Estate Chamber](https://www.dailynewsegypt.com/2026/01/18/egypts-property-market-remains-stable-with-limited-delivery-delays-real-estate-chamber/) - Tarek Shoukry, Chairperson of the Real Estate Development Chamber at the Federation of Egyptian Industries (FEI), said delays in the delivery of residential units remain limited and do not reflect the overall health of Egypt’s real estate market. Shoukry explained that delivery-related complaints are confined to a small number of developers, out of nearly 15,000
- [Egyptian developers turn to repricing, flexible payment plans to revive sales](https://www.dailynewsegypt.com/2026/01/18/egyptian-developers-turn-to-repricing-flexible-payment-plans-to-revive-sales/) - Amid slowing demand and intensifying competition, Egyptian real estate developers are revising pricing strategies and expanding flexible payment plans to stimulate sales and maintain cash flow. Companies are increasingly relying on market-aligned repricing, early-bird incentives, and promotional discounts to encourage direct purchases. Some developers have accelerated construction schedules to deliver near-complete units, while others are
- [Palestinian technocratic committee for Gaza launches operations in Cairo](https://www.dailynewsegypt.com/2026/01/18/palestinian-technocratic-committee-for-gaza-launches-operations-in-cairo/) - The National Committee for the Management of Gaza (NCAG) officially commenced its mandate on Saturday as a transitional technocratic body responsible for the territory’s civil affairs and internal security following an inaugural meeting in the Egyptian capital. The committee, established under United Nations Security Council Resolution 2803 and a 20-point peace plan proposed by President
- [Egypt Golf Series: World stars descend on Cairo for landmark opener](https://www.dailynewsegypt.com/2026/01/18/egypt-golf-series-world-stars-descend-on-cairo-for-landmark-opener/) - Egypt Golf Series, which runs from 19 to 21 January, serves as the curtain-raiser for a prestigious four-tournament swing on the MENA Tour.
- [Jupiter Commz names investment banking veteran Osama Rashad as managing partner](https://www.dailynewsegypt.com/2026/01/18/jupiter-commz-names-investment-banking-veteran-osama-rashad-as-managing-partner/) - Marketing and public relations consultancy Jupiter Commz has appointed Osama Rashad as managing partner and member of its board of directors following his entry into the firm’s shareholder structure, the company announced on Sunday. The appointment is intended to drive the consultancy’s 2026 growth strategy, focusing on regional expansion and the enhancement of data-driven, digital-first
- [Edita secures pan-African rights for Hostess brands, targeting expansion in 45 countries](https://www.dailynewsegypt.com/2026/01/15/edita-secures-pan-african-rights-for-hostess-brands-targeting-expansion-in-45-countries/) - Edita Food Industries S.A.E. (EFID.CA) announced on Wednesday the finalization of an agreement with Hostess Brands LLC, a subsidiary of The J. M. Smucker Company, to expand its ownership of the HoHos, Twinkies, and Tiger Tail brands to over 45 additional African countries. The transaction grants Edita exclusive rights to these brands across the entire
- [Meska AI calls for sustainable ecosystem, inks deal with PTS Holdings at ‘Spark Vol.2’](https://www.dailynewsegypt.com/2026/01/17/meska-ai-calls-for-sustainable-ecosystem-inks-deal-with-pts-holdings-at-spark-vol-2/) - Meska AI convened industry leaders, investors, and startups at the "Meska Spark Vol.2" conference on Friday at the Creativa Innovation Hub, urging the creation of a sustainable collaborative ecosystem to advance AI in Egypt. Co-founders Nabil Khalifa and Omar El Monayar emphasized the need for enterprise-ready solutions and broader stakeholder alignment to achieve long-term impact.
- [January 19: MENA Tour Set to Kick Off Inaugural "Egypt Golf Series 2026"](https://www.dailynewsegypt.com/2026/01/17/january-19-mena-tour-set-to-kick-off-inaugural-egypt-golf-series-2026/) - The first tournament of the Egypt Golf Series 2026 kicks off this Monday, January 19, as part of the MENA Golf Tour, a premier developmental circuit for professional golf. The opening event will be held at the renowned New Giza Golf Club from January 19 to 21.This event marks the beginning of an intensive four-week
- [Cairo, Sarajevo sign cooperation pacts, eye direct flights to boost trade](https://www.dailynewsegypt.com/2026/01/17/cairo-sarajevo-sign-cooperation-pacts-eye-direct-flights-to-boost-trade/) - Egypt and Bosnia and Herzegovina signed several cooperation agreements on Saturday, including protocols to enhance diplomatic training and bilateral relations, as the two nations move to boost trade and tourism links. The deals were signed following political consultations in Cairo between Egyptian Foreign Minister Badr Abdelatty and his Bosnian counterpart, Elmedin Konaković. The agreements include
- [Mummified cheetahs reveal forgotten history of Arabian Peninsula](https://www.dailynewsegypt.com/2026/01/17/mummified-cheetahs-reveal-forgotten-history-of-arabian-peninsula/) - A Saudi-international research team has uncovered seven naturally mummified cheetahs, along with dozens of skeletal remains, preserved inside a network of caves in the Arar region near the Saudi-Iraqi border. The discovery provides the first long-term physical evidence that cheetahs once inhabited the Arabian Peninsula, according to a study published on January 15 in Communications
- [Al-Sisi welcomes Trump offer to resume Nile mediation as Sudan backs US initiative](https://www.dailynewsegypt.com/2026/01/17/al-sisi-welcomes-trump-offer-to-resume-nile-mediation-as-sudan-backs-us-initiative/) - Egyptian President Abdel Fattah Al-Sisi welcomed a letter from US President Donald Trump on Saturday offering to relaunch American mediation in the long-running dispute over the Grand Ethiopian Renaissance Dam (GERD), reaffirming Cairo’s commitment to cooperation while stressing that the Nile is the lifeline of the Egyptian people. In a statement, Al-Sisi said he appreciated
- [157 investment projects across public sector companies: Minister](https://www.dailynewsegypt.com/2026/01/17/157-investment-projects-across-public-sector-companies-minister/) - Mohamed El-Shimy, Minister of the Public Enterprises Sector, said Egypt is moving steadily towards building a strong, competitive, and sustainable economy anchored in industry, production, exports, and investment, with young people placed at the heart of the development process as a cornerstone of the “New Republic” and the true architects of its future. El-Shimy explained
- [GAFI, HKTDC explore textile, garment investment opportunities](https://www.dailynewsegypt.com/2026/01/17/gafi-hktdc-explore-textile-garment-investment-opportunities/) - Egypt’s General Authority for Investment and Free Zones (GAFI) held a roundtable meeting with the Hong Kong Trade Development Council (HKTDC) to explore opportunities for strengthening investment partnerships in the textile and ready-made garments sector. The meeting was chaired by Mohamed El-Gousky, Chief Executive Officer of GAFI, and attended by Katherine Fang Suk Kwan, Chairwoman
- [Investment Minister meets Banha Zone investors to boost business facilitation](https://www.dailynewsegypt.com/2026/01/17/investment-minister-meets-banha-zone-investors-to-boost-business-facilitation/) - Hassan El-Khatib, Minister of Investment and Foreign Trade, met with investors operating at the Investment Zone in the city of Banha, Qalyubeya governorate, during a visit aimed at reviewing investment conditions and addressing investors’ needs. The meeting was attended by Ayman Atiya, Governor of Qalyubeya; Mohamed El-Gosky, Chief Executive Officer of the General Authority for
- [Egypt, EU coordinate on 2026-2027 development grants as growth surpasses 5%](https://www.dailynewsegypt.com/2026/01/17/egypt-eu-coordinate-on-2026-2027-development-grants-as-growth-surpasses-5/) - Egypt’s economic growth rate exceeded 5% during the first quarter of the current fiscal year, Planning, Economic Development and International Cooperation Minister Rania Al-Mashat said. The announcement followed the disbursement of a €1bn tranche in January 2026 under the European Union’s Macro-Financial Assistance (MFA) programme.5 During a meeting with EU Ambassador Angelina Eichhorst, Al-Mashat confirmed
- [Non-food prices continue to drive headline inflation as food inflation returns to pre-2022 levels: CBE](https://www.dailynewsegypt.com/2026/01/17/non-food-prices-continue-to-drive-headline-inflation-as-food-inflation-returns-to-pre-2022-levels-cbe/) - Annual urban headline inflation remained stable at around 12.3% in December 2025, virtually unchanged from November, according to the Central Bank of Egypt (CBE). The annual dynamics of headline inflation continue to be driven primarily by non-food prices, as food inflation has fallen back to its pre-2022 levels. Annual food inflation declined sharply to 1.5%
- [CBE steadily navigates economic challenges through sustained policy efforts: Abdalla](https://www.dailynewsegypt.com/2026/01/17/cbe-steadily-navigates-economic-challenges-through-sustained-policy-efforts-abdalla/) - Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), said the bank has steadily navigated economic challenges through sustained and disciplined policy efforts. In the CBE’s annual report, Abdalla noted that, at the domestic level, the bank has remained focused on achieving the ultimate objective of monetary policy—price stability. In this context, the decisions
- [Syrian army advances in Aleppo: Clashes erupt as SDF withdrawal falters West of Euphrates](https://www.dailynewsegypt.com/2026/01/17/syrian-army-advances-in-aleppo-clashes-erupt-as-sdf-withdrawal-falters-west-of-euphrates/) - The sun had barely risen over the dusty plains of Maskanah when the ceasefire, once hailed as a diplomatic breakthrough, dissolved into the rattle of machine-gun fire. For the soldiers of a Syrian Army patrol, Saturday was meant to be a day of orderly transition; instead, it became a lethal reminder of the fragility of
- [Iran protests: Khamenei blames Trump as death toll surpasses 3,000](https://www.dailynewsegypt.com/2026/01/17/iran-protests-khamenei-blames-trump-as-death-toll-surpasses-3000/) - The persistent hum of surveillance drones now defines the skyline over Tehran, a mechanical replacement for the chants that echoed through the capital just days ago. For the residents of Iran's major cities, the silence is heavy. After two weeks of the most intense civil unrest in recent history, a "cautious calm" has taken hold,
- [Egypt intelligence chief meets Gaza management head to discuss humanitarian priorities](https://www.dailynewsegypt.com/2026/01/17/egypt-intelligence-chief-meets-gaza-management-head-to-discuss-humanitarian-priorities/) - Shaath expressed appreciation for Egyptian efforts toward Gaza, specifically noting the stance of President Al-Sisi to prevent Palestinian displacement
- [Trump invites Egypt’s Al-Sisi, Turkey’s Erdogan to join founding Gaza Board of Peace](https://www.dailynewsegypt.com/2026/01/17/trump-invites-egypts-al-sisi-turkeys-erdogan-to-join-founding-gaza-board-of-peace/) - US President Donald Trump has invited Egyptian President Abdel Fattah al-Sisi, Turkish President Tayyip Erdogan, and Argentine President Javier Milei to join the founding executive board of a newly formed "Board of Peace" for the Gaza Strip, officials from the three nations said on Saturday. Egyptian Foreign Minister Badr Abdelatty confirmed that Cairo has received
- [Trump establishes international security force and oversight boards for Gaza transition](https://www.dailynewsegypt.com/2026/01/17/trump-establishes-international-security-force-and-oversight-boards-for-gaza-transition/) - To manage ground-level administration, the National Committee for the Administration of Gaza (NCAG) has been established under the leadership of Dr. Ali Sha’ath
- [Trump offers to restart U.S. mediation in Nile water dispute between Egypt and Ethiopia](https://www.dailynewsegypt.com/2026/01/16/trump-offers-to-restart-u-s-mediation-in-nile-water-dispute-between-egypt-and-ethiopia/) - U.S. President Donald J. Trump has offered to restart American mediation between Egypt, Ethiopia, and Sudan to resolve the long-standing dispute over the Nile River and the Grand Ethiopian Renaissance Dam (GERD), according to a letter addressed to Egyptian President Abdel Fattah Al-Sisi. In the correspondence dated 16 January 2026, Trump stated his administration is
- [Grand Opening of Egypt’s First Semi-Automated Container Terminal – Red Sea Container Terminals in Sokhna](https://www.dailynewsegypt.com/2026/01/15/grand-opening-of-egypts-first-semi-automated-container-terminal-red-sea-container-terminals-in-sokhna/) - Red Sea Container Terminals (RSCT) today announced the official opening of Egypt’s first semi-automated container terminal, located at Sokhna Port on the Gulf of Suez. This new facility marks a significant milestone in Egypt’s maritime development, backed by a 30-year concession agreement with the Egyptian government, reinforcing Egypt’s attractiveness for international trade and investment. Strategic
- [World’s First Mercedes-Benz Branded City Launched by Binghatti in Meydan, Marking Largest Real Estate Event in Dubai’s History](https://www.dailynewsegypt.com/2026/01/15/worlds-first-mercedes-benz-branded-city-launched-by-binghatti-in-meydan-marking-largest-real-estate-event-in-dubais-history/) - Mercedes-Benz Places | Binghatti City, marks a new era, a world built beyond tomorrow, where mobility, architecture, technology and design function as one
- [Egypt’s cabinet approves state land disposal rules, expands AI council mandate](https://www.dailynewsegypt.com/2026/01/14/egypts-cabinet-approves-state-land-disposal-rules-expands-ai-council-mandate/) - Egypt's cabinet on Wednesday approved the executive regulations for a law governing the disposal of state-owned land and expanded the mandate of the National AI Council to include quantum computing and emerging technologies. The cabinet, chaired by Prime Minister Mostafa Madbouly, ratified the executive regulations for Law 168 of 2025 regarding procedures for disposing of
- [Palestinian factions meet in Cairo to advance next phase of Gaza ceasefire](https://www.dailynewsegypt.com/2026/01/14/palestinian-factions-meet-in-cairo-to-advance-next-phase-of-gaza-ceasefire/) - Several Palestinian factions have met in Cairo at the invitation of Egypt and under the patronage of President Abdel Fattah Al-Sisi, as part of ongoing mediation efforts led by Egypt, Qatar and Turkey to advance the next stages of the Gaza ceasefire agreement, according to a statement issued Wednesday following the talks. In the statement,
- [Public Enterprises, Awqaf ministers discuss boosting cooperation to enhance asset utilisation](https://www.dailynewsegypt.com/2026/01/14/public-enterprises-awqaf-ministers-discuss-boosting-cooperation-to-enhance-asset-utilisation/) - Mohamed El-Shimy, Minister of the Public Enterprises Sector, received Osama Al-Azhari, Minister of Awqaf, and an accompanying delegation at the ministry’s headquarters in the New Capital, as part of efforts to strengthen cooperation between the two ministries and support the state’s drive to maximise the utilisation of state-owned assets. According to a statement, the meeting
- [Housing Minister meets Saint-Gobain to explore cooperation in sustainable building solutions](https://www.dailynewsegypt.com/2026/01/14/housing-minister-meets-saint-gobain-to-explore-cooperation-in-sustainable-building-solutions/) - Egypt’s Minister of Housing, Utilities and Urban Communities, Sherif El-Sherbiny, met with a delegation from French construction materials group Saint-Gobain to discuss potential areas of cooperation in advanced building materials, energy efficiency solutions and green construction. El-Sherbiny said the meeting comes within the framework of the ministry’s ongoing coordination with international companies to strengthen cooperation,
- [Egypt warns against poultry price-fixing ahead of seasonal demand surge](https://www.dailynewsegypt.com/2026/01/14/egypt-warns-against-poultry-price-fixing-ahead-of-seasonal-demand-surge/) - The Egyptian government has warned poultry producers against monopolistic practices and price-fixing as it seeks to stabilise the domestic market ahead of the month of Ramadan. Alaa Farouk, Minister of Agriculture and Land Reclamation, and Mahmoud Mumtaz, Chairperson of the Egyptian Competition Authority (ECA), met with the board of the General Association of Poultry Producers
- [Egypt, Kazakhstan discuss pharmaceutical technology transfer, health cooperation](https://www.dailynewsegypt.com/2026/01/14/egypt-kazakhstan-discuss-pharmaceutical-technology-transfer-health-cooperation/) - Egypt’s Minister of Health and Population Khaled Abdel Ghaffar met Askar Zhenis, Kazakhstan’s ambassador to Egypt, to discuss strengthening bilateral cooperation in healthcare and pharmaceutical manufacturing technology, the Ministry of Health said. According to the statement, Abdel Ghaffar stressed Egypt’s interest in expanding cooperation through the transfer of pharmaceutical manufacturing technologies, harmonising Good Manufacturing Practice
- [GM, Al-Mansour introduce Captiva EV, Spark EUV to Egypt’s electric vehicle market](https://www.dailynewsegypt.com/2026/01/14/gm-al-mansour-introduce-captiva-ev-spark-euv-to-egypts-electric-vehicle-market/) - General Motors (GM), in partnership with Al-Mansour Automotive, the exclusive distributor of Chevrolet in Egypt, has officially launched two fully electric Chevrolet models in the Egyptian market for the first time: the all-new Chevrolet Captiva EV and the Chevrolet Spark EUV. The launch marks a further step in GM’s collaboration with Al-Mansour Automotive to advance
- [Egypt ready to receive mining investments: Petroleum Minister](https://www.dailynewsegypt.com/2026/01/14/egypt-ready-to-receive-mining-investments-petroleum-minister/) - Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed that recent developments send a clear message that Egypt is ready to receive mining investments and is building a mining sector capable of competing globally, providing investors with the confidence to inject capital and implement large-scale, long-term projects. Badawi said Egypt is currently mapping unexploited areas
- [EIB commits $80m to RMBV North Africa Fund III, catalysing over $300m in investments](https://www.dailynewsegypt.com/2026/01/14/eib-commits-80m-to-rmbv-north-africa-fund-iii-catalysing-over-300m-in-investments/) - The European Investment Bank (EIB), through its development arm EIB Global, has committed $80m to the RMBV North Africa Fund III to accelerate private sector development and sustainability in Egypt, as part of a broader regional investment strategy covering North Africa. The signing took place at an event in Cairo attended by Egypt’s Minister of
- [Distinguished Tax Service Centres are strategic step to strengthen investment climate: ETA chief](https://www.dailynewsegypt.com/2026/01/14/distinguished-tax-service-centres-are-strategic-step-to-strengthen-investment-climate-eta-chief/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), said the Distinguished Tax Service Centres represent an important strategic step in enhancing the investment climate and supporting the business environment, positioning Egypt among the world’s leading countries in the development of government services and contributing to the building of a strong and sustainable economy.
- [Investment Minister discusses Scatec’s plans to expand investments in Egypt](https://www.dailynewsegypt.com/2026/01/14/investment-minister-discusses-scatecs-plans-to-expand-investments-in-egypt/) - Hassan El-Khatib, Minister of Investment and Foreign Trade, met with Erik Husem, Ambassador of Norway to Cairo; Terje Pilskog, CEO of Norwegian renewable energy company Scatec; and Gelsomina Vigliotti, Vice-President of the European Investment Bank, to discuss Scatec’s plans to expand its investments in the Egyptian market and support renewable energy projects and sustainable solutions.
- [Egyptian startups secure $614m in 2025 as government prepares new incentive package](https://www.dailynewsegypt.com/2026/01/14/egyptian-startups-secure-614m-in-2025-as-government-prepares-new-incentive-package/) - Egyptian startups attracted $614m in funding in 2025, a 51% increase from the previous year, as the government prepares to launch a comprehensive package of initiatives, including a "Startup Charter" and unified investment incentives. The funding figures, cited from Africa: The Big Deal data during the sixth meeting of the Ministerial Group for Entrepreneurship, include
- [Gaza governance: US to unveil Palestinian technocrat committee and Trump-led peace council](https://www.dailynewsegypt.com/2026/01/14/gaza-governance-us-to-unveil-palestinian-technocrat-committee-and-trump-led-peace-council/) - As the United States prepares to announce the transition to "Phase Two" of its Gaza peace plan this Wednesday, the focus of the conflict is shifting from the battlefield to the boardroom. In the meeting halls of Cairo, Palestinian factions are now reviewing a handpicked list of 15 technocrats set to form the National Committee
- [Iran protests death toll tops 2,500 as US diplomacy ends and Tehran unrest escalates](https://www.dailynewsegypt.com/2026/01/14/iran-protests-death-toll-tops-2500-as-us-diplomacy-ends-and-tehran-unrest-escalates/) - Under the flicker of streetlights at Tehran’s major intersections, the heavy tread of riot police is the only sound in a city defined by a tense, enforced silence. On the blackened walls of government buildings, fresh graffiti carries a message that carries the weight of a capital offence: "Death to Khamenei." For 17 days, a
- [Pakistan signs digital payments MoU with World Liberty Financial for cross-border innovation](https://www.dailynewsegypt.com/2026/01/14/pakistan-signs-digital-payments-mou-with-world-liberty-financial-for-cross-border-innovation/) - Sharif welcomed integration of Pakistan into global digital finance, noting growing international interest in country’s digital financial markets
- [Al-Sisi, US presidential adviser discuss strategic partnership, regional coordination](https://www.dailynewsegypt.com/2026/01/14/al-sisi-us-presidential-adviser-discuss-strategic-partnership-regional-coordination/) - Egyptian President Abdel Fattah Al-Sisi has met Massad Boulos, a senior adviser to US President Donald Trump on Arab and African affairs, to discuss strengthening bilateral relations and enhancing coordination on key regional issues, the Egyptian presidency said on Wednesday. During the Wednesday meeting, Boulos conveyed greetings and appreciation from President Trump, which Al-Sisi welcomed,
- [Cairo peace talks call for urgent humanitarian ceasefire to protect Sudanese state institutions](https://www.dailynewsegypt.com/2026/01/14/cairo-peace-talks-call-for-urgent-humanitarian-ceasefire-to-protect-sudanese-state-institutions/) - International mediators meeting in Cairo on Wednesday demanded an immediate humanitarian truce in Sudan, warning that the escalating conflict threatens the stability of the Horn of Africa and the Red Sea region. Egyptian Foreign Minister Badr Abdelatty, chairing the fifth meeting of the Consultative Mechanism to Enhance the Coordination of Peace Efforts in Sudan, said
- [Egypt, Türkiye Coordinate on Gaza, Sudan and Horn of Africa](https://www.dailynewsegypt.com/2026/01/13/egypt-turkiye-coordinate-on-gaza-sudan-and-horn-of-africa/) - Egyptian Foreign Minister Badr Abdelatty held a phone call with his Turkish counterpart, Hakan Fidan, to discuss regional developments of shared concern, Egypt’s Foreign Ministry said in a statement. The two ministers exchanged views on the situations in Gaza, Sudan and Somalia, stressing the importance of coordinated regional and international efforts to consolidate the ceasefire
- [Egypt welcomes US designation of Muslim Brotherhood as global terrorist entity](https://www.dailynewsegypt.com/2026/01/13/egypt-welcomes-us-designation-of-muslim-brotherhood-as-global-terrorist-entity/) - Egypt welcomed on Tuesday a decision by the United States to designate the Muslim Brotherhood as a Specially Designated Global Terrorist (SDGT) entity. In an official press statement, the Egyptian government described the move as a "pivotal step" that reflects the danger posed by the group’s "extremist ideology" and its direct threat to regional and
- [Egypt green hydrogen project begins exports to European and US markets](https://www.dailynewsegypt.com/2026/01/13/egypt-green-hydrogen-project-begins-exports-to-european-and-us-markets/) - A 100MW green hydrogen project in Egypt’s Suez Canal Economic Zone (SCZONE) has commenced partial production and started exporting to European and United States markets, according to a government statement released on Tuesday. Prime Minister Mostafa Madbouly met with a consortium led by Norway’s Scatec to review the progress of the facility, which is located
- [Al-Sisi reviews ‘Decent Life’ initiative as first phase nears completion](https://www.dailynewsegypt.com/2026/01/13/al-sisi-reviews-decent-life-initiative-as-first-phase-nears-completion/) - Egyptian President Abdel Fattah Al-Sisi met senior government officials on Tuesday to review progress on the first phase of the national rural development initiative, known as “Decent Life”, the presidency said. Presidential spokesperson Mohamed El-Shennawy said the first phase is being implemented across 20 governorates, 52 districts, 333 local units and 1,477 villages, benefiting around
- [EU to disburse €1bn to Egypt on Thursday under Macro-Financial Assistance mechanism](https://www.dailynewsegypt.com/2026/01/13/eu-to-disburse-e1bn-to-egypt-on-thursday-under-macro-financial-assistance-mechanism/) - Egypt is scheduled to receive a €1bn disbursement from the European Union this coming Thursday under the Macro-Financial Assistance (MFA) budget support mechanism, according to Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat. The payment follows the government’s implementation of 16 economic and structural measures under the National Structural Reform Program designed to
- [VAT exemptions, extended payment suspension introduced in new tax facilitation package](https://www.dailynewsegypt.com/2026/01/13/vat-exemptions-extended-payment-suspension-introduced-in-new-tax-facilitation-package/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority, announced that the second package of tax facilitation measures includes a series of significant legislative amendments aimed at supporting economic activity while simplifying the tax system. These measures come in line with the directives of Minister of Finance Ahmed Kouchouk to expand tax incentives and provide
- [Egypt reviews staffing gaps, administrative overhaul at water ministry](https://www.dailynewsegypt.com/2026/01/13/egypt-reviews-staffing-gaps-administrative-overhaul-at-water-ministry/) - Egypt’s Minister of Water Resources and Irrigation, Hany Sewilam, met with Hatem Nabil, head of the Central Agency for Organisation and Administration, to discuss institutional reform and ways to address staffing shortages at the ministry, according to a ministry statement. The discussions reviewed proposals to modernise the ministry’s administrative structure, fill technical and craft positions
- [Egypt reiterates call for Sudanese unity ahead of Cairo peace talks](https://www.dailynewsegypt.com/2026/01/13/egypt-reiterates-call-for-sudanese-unity-ahead-of-cairo-peace-talks/) - Egyptian Foreign Minister Badr Abdelatty emphasised the priority of preserving Sudan’s unity and state institutions during a meeting with the United Nations Personal Envoy to Sudan on Tuesday. The talks with Ramtane Lamamra focused on the Egyptian position regarding the ongoing crisis and served as a precursor to the fifth meeting of the Consultative Mechanism
- [Egypt’s trade deficit widens to $4.58bn in October 2025](https://www.dailynewsegypt.com/2026/01/13/egypts-trade-deficit-widens-to-4-58bn-in-october-2025/) - The Central Agency for Public Mobilization and Statistics (CAPMAS) has released its monthly Foreign Trade Data bulletin for October 2025. Egypt’s trade deficit stood at $4.58bn in October 2025, compared with $4.52bn in the same month of the previous year, marking a 1.3% increase. The value of exports declined by 1.1% to $4.17bn in October
- [Contact, Al Safy Group partner to launch integrated FinTech-powered financing platform](https://www.dailynewsegypt.com/2026/01/13/contact-al-safy-group-partner-to-launch-integrated-fintech-powered-financing-platform/) - Contact, a leading provider of non-banking financial services in Egypt, has signed a memorandum of understanding with Al Safy Group to establish a strategic partnership aimed at enhancing the financing experience through innovative, technology-driven financial solutions. The partnership introduces, for the first time in the Egyptian market, a financing model that combines Contact’s expertise in
- [EIB Global offers $150m financing for Africa’s largest hybrid solar PV project in Egypt](https://www.dailynewsegypt.com/2026/01/13/eib-global-offers-150m-financing-for-africas-largest-hybrid-solar-pv-project-in-egypt/) - The European Investment Bank (EIB), through its development arm EIB Global, announced on Tuesday a $150m financing package for Egypt’s Obelisk solar photovoltaic project, coinciding with the inauguration of the first phase of the plant in Qena. The event was attended by Egyptian Prime Minister Mostafa Madbouly; EIB Global Director General Andrew McDowell; Deputy Prime
- [Egypt, Oman explore expanded cooperation, expertise exchange in mining sector](https://www.dailynewsegypt.com/2026/01/13/egypt-oman-explore-expanded-cooperation-expertise-exchange-in-mining-sector/) - Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with Mohsin Alhadhrami, Undersecretary of Oman’s Ministry of Energy and Minerals and Chairperson of Petroleum Development Oman, on the sidelines of the International Mining Conference currently underway in Saudi Arabia, to discuss the exchange of expertise in the mining, oil and gas sectors. During the
- [Egypt is Africa’s largest recipient of private foreign investment for fifth year: Finance Minister](https://www.dailynewsegypt.com/2026/01/13/egypt-is-africas-largest-recipient-of-private-foreign-investment-for-fifth-year-finance-minister/) - Egypt has ranked as Africa’s largest recipient of private foreign investment for the fifth consecutive year, Finance Minister Ahmed Kouchouk said. Speaking at a conference organised by the Egyptian–African Businessmen’s Association in cooperation with e-Tax, Kouchouk said the Egyptian economy has begun to gain strong momentum. He noted that private investment rose by 73% in
- [Sky Ports invests $50m to build cement storage silos at East Port Said multi-purpose terminal](https://www.dailynewsegypt.com/2026/01/13/sky-ports-invests-50m-to-build-cement-storage-silos-at-east-port-said-multi-purpose-terminal/) - Port Said – Sky Ports Group for Shipping and Stevedoring has announced the commencement of construction for a bulk cement export terminal within its multi-purpose terminal at East Port Said Port, with total investments of $50m. The project aims to enhance Egyptian cement exports and access new international markets. Tarek Hussein, Chairman of Sky Ports,
- [Opinion | Lebanon and the Hezbollah Disarmament Deadline: Between the State Authority and the Shadow of War](https://www.dailynewsegypt.com/2026/01/13/opinion-lebanon-and-the-hezbollah-disarmament-deadline-between-the-state-authority-and-the-shadow-of-war/) - The Lebanese Army announced days ago that it had completed the disarmament of Hezbollah south of the Litani River, declaring that it had achieved “the objectives of the first phase” of the plan to confine weapons exclusively to state authority. This phase covers an area extending 30 kilometres from the border with Israel and has
- [Opinion | Fulbright in Egypt: A Quiet Investment in the Mind](https://www.dailynewsegypt.com/2026/01/13/opinion-fulbright-in-egypt-a-quiet-investment-in-the-mind/) - Fulbright grants in Egypt are not merely opportunities for travel or study, nor simply an additional line on a résumé. They are profound human and intellectual experiences that reshape how individuals see themselves, the world, and their country upon returning home. A Fulbright journey begins with a letter of acceptance, but it does not end
- [Mortgage finance in Egypt accounts for just 0.3% of GDP: Qasatli](https://www.dailynewsegypt.com/2026/01/11/mortgage-finance-in-egypt-accounts-for-just-0-3-of-gdp-qastali/) - Egypt’s mortgage finance sector remains severely underdeveloped, accounting for only 0.3% of gross domestic product, compared with around 41% in markets such as Morocco and South Africa and nearly 50% in the United States, according to Ihab Omar, Managing Director and CEO of Qasatli Mortgage Finance. In an interview with Daily News Egypt, Omar said
- [Meska AI to host ‘Meska Spark Vol.2’ to empower Egyptian AI startups for global market](https://www.dailynewsegypt.com/2026/01/13/meska-ai-to-host-meska-spark-vol-2-to-empower-egyptian-ai-startups-for-global-market/) - Meska AI has announced the launch of the second edition of its specialized event, “Meska Spark Vol.2,” scheduled for January 16, 2026, at the Creativa Innovation Hub in Dokki. The event aims to support the local artificial intelligence (AI) ecosystem and foster the development of technology startups capable of competing on a global scale. Driven
- [Former audit chief Hisham Badawi elected Egypt House Speaker with 521 votes](https://www.dailynewsegypt.com/2026/01/12/former-audit-chief-hisham-badawi-elected-egypt-house-speaker-with-521-votes/) - Hisham Badawi was elected Speaker of the House of Representatives on Monday, securing 521 votes out of a total 570during the opening session of the parliament's third legislative term. Badawi, the former head of the Central Auditing Organisation, defeated Mohamed Sami El-Imam, a representative of the Egyptian Social Democratic Party, who received 49 votes. Following
- [Egypt allocates EGP 3.1m to support irregular workers: Labour Minister](https://www.dailynewsegypt.com/2026/01/12/egypt-allocates-egp-3-1m-to-support-irregular-workers-labour-minister/) - Egypt’s Minister of Labour Mohamed Gibran said on Monday that the ministry approved the disbursement of EGP 3.135m to provide social, healthcare, and accident compensation support to 443 irregular workers across 23 governorates. In a statement, Gibran said EGP 1.759m was allocated for social and healthcare assistance, including grants for marriage, childbirth, and bereavement, as
- [ECS reviews preparations for seventh Egyptian-German Joint Economic Committee](https://www.dailynewsegypt.com/2026/01/12/ecs-reviews-preparations-for-seventh-egyptian-german-joint-economic-committee/) - First Undersecretary of the Ministry of Investment and Foreign Trade and Head of the Egyptian Commercial Service (ECS), Abdel Aziz El-Sherif, held a meeting with Miguel Seco, Commercial Counselor at the Embassy of Germany in Cairo, and Maren Diale, President of the Arab-German Chamber of Industry and Commerce, to review the status of Egyptian-German economic
- [Egypt's Local Development Ministry, CAOA agree on new village administrative structures](https://www.dailynewsegypt.com/2026/01/12/egypts-local-development-ministry-caoa-agree-on-new-village-administrative-structures/) - Egypt’s Ministry of Local Development and the Central Agency for Organisation and Administration (CAOA) have agreed to establish an organisational structure for rural local units for the first time, Minister Manal Awad said on Monday. The agreement aims to create an organised entity at the village level to help maintain the achievements of the "Haya
- [Egypt explores partnership with Ortho House to advance orthopaedic, robotic surgery](https://www.dailynewsegypt.com/2026/01/12/egypt-explores-partnership-with-ortho-house-to-advance-orthopaedic-robotic-surgery/) - Minister of Health Khaled Abdel Ghaffar met with executives from Ortho House to discuss expanding cooperation in the healthcare sector, with a particular focus on developing orthopaedic services and advancing the use of robotic surgery, the Ministry of Health said in a statement. The meeting reviewed existing frameworks for cooperation and explored future partnership opportunities,
- [Military Production Ministry seeks new investment, partnerships](https://www.dailynewsegypt.com/2026/01/12/military-production-ministry-seeks-new-investment-partnerships/) - Mohamed Salah El-Din Mostafa, Egypt’s Minister of State for Military Production, reaffirmed the ministry’s commitment to attracting further investment and forging new cooperative partnerships with state entities, as part of a broader strategy centred on localising advanced manufacturing technologies. He stressed that the ministry continues to prioritise the modernisation of production lines across its affiliated
- [Egypt signs preliminary financing agreements for $1.8bn Energy Valley project](https://www.dailynewsegypt.com/2026/01/12/egypt-signs-preliminary-financing-agreements-for-1-8bn-energy-valley-project/) - Prime Minister Mostafa Madbouly witnessed, on Monday, the signing of preliminary financing agreements for the Energy Valley sustainable energy project, with investments approaching $1.8bn, on the sidelines of the inauguration of the first phase of the Obelisk Solar Power Project in Nagaa Hammadi, Qena. Madbouly said the signing of the agreements, held within one of
- [GAFI, ITDA explore solutions to investor challenges in commercial registry procedures](https://www.dailynewsegypt.com/2026/01/12/gafi-itda-explore-solutions-to-investor-challenges-in-commercial-registry-procedures/) - Mohamed El-Gossaki, CEO of the General Authority for Investment and Free Zones (GAFI), and Mohamed Awad, Head of the Internal Trade Development Authority (ITDA), held a meeting to discuss mechanisms for joint coordination and to identify practical, long-term solutions to challenges facing investors, particularly those related to commercial registry procedures and the non-confusability certificate. The
- [MAG seeks to expand Egypt’s economic footprint across Africa](https://www.dailynewsegypt.com/2026/01/12/mag-seeks-to-expand-egypts-economic-footprint-across-africa/) - Mohamed Atta Gad, Chairperson of MAG Group for Trade and Investment, participated in a meeting with Egypt’s Minister of Foreign Affairs, Migration and Egyptian Expatriates Affairs, Badr Abdelatty, alongside representatives of the private sector and Egyptian companies, as part of efforts to strengthen coordination between economic diplomacy and the business community. The meeting came within
- [GB completes record EGP 4.16bn leasing securitisation to boost financing capacity](https://www.dailynewsegypt.com/2026/01/12/gb-completes-record-egp-4-16bn-leasing-securitisation-to-boost-financing-capacity/) - GB Lease & Factoring, a subsidiary of GB Capital—the financial services arm of GB Corp—announced the successful completion of a securitisation transaction involving part of its leasing portfolio, with a total value of EGP 4.16bn. The transaction was executed with the support of its sister company, Capital for Securitisation, and forms part of a broader
- [Egypt-Syria economic ties: Damascus welcomes Egyptian investors for $1bn trade push](https://www.dailynewsegypt.com/2026/01/12/egypt-syria-economic-ties-damascus-welcomes-egyptian-investors-for-1bn-trade-push/) - In the historic halls of Damascus, a city pivoting from the shadow of conflict toward the blueprints of reconstruction, a meeting took place on Sunday that had been 15 years in the making. As Interim Syrian President Ahmed Al-Sharaa welcomed a high-level Egyptian economic delegation, the atmosphere shifted from diplomatic formality to the pragmatic reality
- [Iran protests: Tehran accuses Washington of ‘Terrorist War’ as Trump weighs military intervention](https://www.dailynewsegypt.com/2026/01/12/iran-protests-tehran-accuses-washington-of-terrorist-war-as-trump-weighs-military-intervention/) - Amid a nationwide internet blackout and a surging death toll, the streets of Iran have become the front line of a dangerous new escalation between Tehran and Washington. As protests spread to 186 cities, the Iranian government has shifted its rhetoric from domestic reform to open accusations of a "terrorist war" orchestrated by the United
- [Investment minister, Swiss ambassador discuss deepening economic, investment ties](https://www.dailynewsegypt.com/2026/01/12/investment-minister-swiss-ambassador-discuss-deepening-economic-investment-ties/) - Minister of Investment and Foreign Trade Hassan El-Khatib met with Switzerland’s Ambassador to Cairo, Andreas Baum, and his accompanying delegation to explore ways to strengthen bilateral trade and investment cooperation. The meeting also reviewed recent developments in Egypt’s business climate and economic reform agenda, as well as preparations for the Egyptian-Swiss Economic Forum scheduled to
- [Egypt, Ireland discuss Palestinian technocratic committee and Gaza stability force](https://www.dailynewsegypt.com/2026/01/12/egypt-ireland-discuss-palestinian-technocratic-committee-and-gaza-stability-force/) - Egyptian Foreign Minister Badr Abdelatty called on Monday for the formation of a temporary Palestinian technocratic committee to manage daily affairs in the Gaza Strip and the establishment of an international stability force in accordance with UN Security Council Resolution 2803. During political consultations in Cairo with Helen McEntee, Ireland’s Minister for Justice, Trade and
- [Romania named Guest of Honour as Egypt launches record-breaking 57th Cairo International Book Fair with 1,457 publishers](https://www.dailynewsegypt.com/2026/01/12/romania-named-guest-of-honour-as-egypt-launches-record-breaking-57th-cairo-international-book-fair-with-1457-publishers/) - The 57th Cairo International Book Fair (CIBF) will be the largest in its history, with 1,457 participating publishing houses from 83 countries and Romania named as the Guest of Honour, Minister of Culture Ahmed Fouad Hanno announced during a press conference on Monday. The fair, held under the patronage of President Abdel Fattah Al-Sisi, is
- [Prime Group discusses AI, digital assets with NVIDIA, MicroStrategy at CES 2026](https://www.dailynewsegypt.com/2026/01/11/prime-group-discusses-ai-digital-assets-with-nvidia-microstrategy-at-ces-2026/) - Artificial intelligence and digital assets were at the centre of talks between Prime Investment Group and global technology leaders during CES 2026 in Las Vegas. On the sidelines of the world’s largest technology exhibition, Tamer Wagih, Chairperson of Egypt-based Prime Investment, held a series of high-level meetings with senior executives from leading global technology companies,
- [NCCM announces integrated protection units for vulnerable children in Egypt](https://www.dailynewsegypt.com/2026/01/11/nccm-announces-integrated-protection-units-for-vulnerable-children-in-egypt/) - Egypt’s National Council for Childhood and Motherhood (NCCM) will launch a "Safe Child Unit" in six governorates as an initial phase to provide integrated support for children facing physical and psychological violence. The initiative, discussed during a meeting of the Standing Committee for Health and Population on Sunday, aims to establish a comprehensive care system
- [Egypt records steady decline in births since 2018, while c-section rates remain high](https://www.dailynewsegypt.com/2026/01/11/egypt-records-steady-decline-in-births-since-2018-while-c-section-rates-remain-high/) - Egypt has recorded a sustained decline in births from 2018 through 2025, according to data from the Ministry of Health’s digital birth and death registration system, now in use across more than 5,000 healthcare facilities nationwide. Health Minister Khaled Abdel Ghaffar said the downward trend reflects the impact of national family planning and reproductive health
- [Egypt declares Grand Egyptian Museum carbon neutral in landmark green move](https://www.dailynewsegypt.com/2026/01/11/egypt-declares-grand-egyptian-museum-carbon-neutral-in-landmark-green-move/) - Egypt has declared the Grand Egyptian Museum carbon neutral, marking the first time carbon footprint accounting has been applied to a national mega project, officials said on Sunday—an important milestone in the country’s push toward green development. Acting Minister of Environment Manal Awad and Minister of Tourism and Antiquities Sherif Fathy said the declaration follows
- [India, Egypt strengthen pharmaceutical collaboration through high-level delegation visit](https://www.dailynewsegypt.com/2026/01/11/india-egypt-strengthen-pharmaceutical-collaboration-through-high-level-delegation-visit/) - A high-level Indian delegation, led by Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), and accompanied by Shri Suresh K. Reddy, Ambassador of India to Egypt, held meetings on Sunday with key stakeholders in Egypt’s rapidly expanding pharmaceutical sector, as part of efforts to strengthen bilateral cooperation and trade. The
- [Egypt approves 53 mining licence issuances, renewals in Q4 2025](https://www.dailynewsegypt.com/2026/01/11/egypt-approves-53-mining-licence-issuances-renewals-in-q4-2025/) - Egypt’s Ministry of Petroleum and Mineral Resources has approved 53 decisions issued by the Board of Directors of the Mineral Resources and Mining Industries Authority (MRMIA) relating to the issuance and renewal of mining exploration and exploitation licences during the fourth quarter (Q4) of 2025. The approvals follow recommendations from a specialised committee formed by
- [Strengthening partnership with Harvard to invest in young leaders, boost global competitiveness: Finance Minister](https://www.dailynewsegypt.com/2026/01/11/strengthening-partnership-with-harvard-to-invest-in-young-leaders-boost-global-competitiveness-finance-minister/) - Ahmed Kouchouk, Minister of Finance, affirmed the Ministry’s continued commitment to strengthening the capabilities of Egyptian students at leading international universities. He highlighted ongoing efforts to expand local and international training programmes and increase access to advanced initiatives across a wide range of disciplines. Kouchouk noted that the coming phase will witness a significant expansion
- [Cairo links Israel's Somaliland recognition to "illegal schemes" for Palestinian displacement](https://www.dailynewsegypt.com/2026/01/11/cairo-links-israels-somaliland-recognition-to-illegal-schemes-for-palestinian-displacement/) - Egypt has accused Israel of using its unilateral recognition of Somaliland to advance "illegal schemes" aimed at the forced displacement of Palestinians and deepening divisions in the Gaza Strip. Speaking at an extraordinary session of the Organisation of Islamic Cooperation (OIC) Council of Foreign Ministers on Saturday, Foreign Minister Badr Abdelatty stated that Cairo rejects
- [AradyMisr.com launches Egypt’s first end-to-end digital platform for land transactions](https://www.dailynewsegypt.com/2026/01/11/aradymisr-com-launches-egypts-first-end-to-end-digital-platform-for-land-transactions/) - Arady Misr for Planning and Development, a PropTech company specialising in land intelligence and digital real estate solutions, has officially launched AradyMisr.com, Egypt’s first fully integrated digital platform dedicated exclusively to the trading of land assets. The launch represents a major step towards modernising one of Egypt’s most strategic economic sectors, introducing greater transparency, data
- [MIDAR launches first social sports club in Mostakbal City with EGP 3bn investment](https://www.dailynewsegypt.com/2026/01/11/midar-launches-first-social-sports-club-in-mostakbal-city-with-egp-3bn-investment/) - MIDAR for Investment and Urban Development, the master developer of Mostakbal City and MADA in New Cairo, has signed an agreement with Sporting for Investment and Sports Facilities (S.I.S.F), owned by Alexandria Sporting Club, to manage, operate and market the first social sports club in Phase Three of Mostakbal City. The project spans more than
- [Egypt’s real estate market enters 2026 with greater maturity after year of ‘repositioning’: arD](https://www.dailynewsegypt.com/2026/01/11/egypts-real-estate-market-enters-2026-with-greater-maturity-after-year-of-repositioning-ard/) - The Association of Real Estate Developers (arD) has released its first annual report reviewing the performance of Egypt’s real estate market in 2025 and outlining expectations and policy recommendations for 2026. Based on insights from senior industry leaders and members of the association’s board, the report provides a comprehensive assessment of market dynamics, challenges and
- [CBE, Agriculture Ministry to expand Aswan smallholder project with EGP 120m phase](https://www.dailynewsegypt.com/2026/01/11/cbe-agriculture-ministry-to-expand-aswan-smallholder-project-with-egp-120m-phase/) - A joint development project in Aswan has expanded into a second phase with EGP 120m in funding to integrate smallholder farmers into Egypt’s formal financial system, the Central Bank of Egypt (CBE) and the Ministry of Agriculture and Land Reclamation announced on Sunday. The "Transforming the Livelihoods of Smallholder Farmers" project, a collaboration between the
- [Madbouly says Egypt entering solar manufacturing era as $1.8bn energy agreements signed](https://www.dailynewsegypt.com/2026/01/11/madbouly-says-egypt-entering-solar-manufacturing-era-as-1-8bn-energy-agreements-signed/) - Egyptian Prime Minister Mostafa Madbouly on Sunday oversaw the signing of agreements and contracts for two integrated renewable energy projects worth more than $1.8bn, marking Egypt’s formal entry into the domestic production of solar energy components and battery storage systems. The first project, developed by Norway’s Scatec, involves the construction of a massive solar power
- [Egypt’s Madbouly inaugurates $153m industrial projects in Suez Canal Economic Zone](https://www.dailynewsegypt.com/2026/01/11/egypts-madbouly-inaugurates-153m-industrial-projects-in-suez-canal-economic-zone/) - Egyptian Prime Minister Mostafa Madbouly inaugurated four major industrial projects on Sunday with total investments exceeding $153m, marking a significant expansion of manufacturing capacity in the Suez Canal Economic Zone (SCZONE). The projects, which span the renewable energy, home appliance, textile, and food sectors, are located within the Sokhna industrial area. Madbouly stated during the
- [Farouk Hosny Museum opens in Zamalek to preserve Egyptian creative memory](https://www.dailynewsegypt.com/2026/01/11/farouk-hosny-museum-opens-in-zamalek-to-preserve-egyptian-creative-memory/) - Egypt’s Minister of Culture Ahmed Fouad Hanno has inaugurated the Farouk Hosny Museum in Cairo’s Zamalek district, describing the preservation of creative memory as a fundamental pillar of cultural work. The opening ceremony for the museum, which showcases the work of the artist and former minister of culture, was attended by several ministers, ambassadors, and
- [Egypt's Al-Mashat, World Bank discuss expanding investment guarantees to boost private sector](https://www.dailynewsegypt.com/2026/01/11/egypts-al-mashat-world-bank-discuss-expanding-investment-guarantees-to-boost-private-sector/) - Egypt and the World Bank are discussing the expansion of innovative financing tools and investment guarantees to mobilise private sector capital and support structural reforms, the Ministry of Planning, Economic Development and International Cooperation said on Sunday. During a meeting in Cairo, Minister Rania Al-Mashat and World Bank Regional Director for Egypt, Yemen, and Djibouti
- [Egypt Foreign Minister urges private sector alliances to expand African trade footprint](https://www.dailynewsegypt.com/2026/01/11/egypt-foreign-minister-urges-private-sector-alliances-to-expand-african-trade-footprint/) - Egyptian Foreign Minister Badr Abdelatty on Sunday urged the country’s private sector to form strategic alliances and consortia to enhance their competitiveness and expand Egypt’s economic presence across the African continent. During a meeting with senior business leaders and representatives of Egyptian companies, Abdelatty stated that the private sector serves as a primary pillar for
- [Egypt extends deadline for floating restaurants’ legalisation to December 2026](https://www.dailynewsegypt.com/2026/01/10/egypt-extends-deadline-for-floating-restaurants-legalisation-to-december-2026/) - Egypt’s Chamber of Tourism Establishments and Restaurants has announced a one-year extension, giving owners of fixed floating restaurants and establishments until 31 December 2026 to regularise their legal and technical status. The decision follows ongoing coordination between the Chamber and the General Authority for River Transport, under the Ministry of Transport. Chairperson of the Chamber,
- [Direct engagement with investors is core priority: Investment Minister](https://www.dailynewsegypt.com/2026/01/10/direct-engagement-with-investors-is-core-priority-investment-minister/) - Hassan El-Khatib, Minister of Investment and Foreign Trade, held an expanded meeting with investors in Luxor, attended by Governor Abdel Mottaleb Amara, as part of the minister’s current tour of the Luxor and Qena governorates. The meeting was also attended by Mohamed El-Goski, CEO of the General Authority for Investment and Free Zones (GAFI), alongside
- [Finance Minister targets higher spending on industry, exports and human development](https://www.dailynewsegypt.com/2026/01/10/finance-minister-targets-higher-spending-on-industry-exports-and-human-development/) - Ahmed Kouchouk, Minister of Finance, said the Egyptian economy is showing signs of improvement, affirming the ministry’s commitment to continuing fiscal facilitations without imposing additional burdens on investors or citizens. He stressed that fiscal policy will remain balanced and comprehensive, with a stronger focus on stimulating economic activity. Speaking during a dialogue session at the
- [Egypt orders expedited irrigation works, livestock grants for Aswan farmers](https://www.dailynewsegypt.com/2026/01/10/egypt-orders-expedited-irrigation-works-livestock-grants-for-aswan-farmers/) - Egypt’s planning and agriculture ministers have ordered the immediate resolution of obstacles facing small farmers in Aswan, directing the rapid completion of irrigation projects and the distribution of livestock and poultry grants to rural households. During a field tour of the Sustainable Agricultural Investments and Livelihoods (SAIL) project in the Wadi Al-Sa'aydah region, Rania Al-Mashat,
- [Madbouly reviews progress of major healthcare projects in Cairo, Giza](https://www.dailynewsegypt.com/2026/01/10/madbouly-reviews-progress-of-major-healthcare-projects-in-cairo-giza/) - Prime Minister Mostafa Madbouly on Tuesday conducted a field tour to inspect ongoing construction and redevelopment works at several public healthcare facilities in Cairo and Giza, reaffirming the government’s commitment to improving the quality and accessibility of medical services nationwide. The tour comes as part of the government’s continuous monitoring of healthcare system performance and
- [Egyptian, Jordanian FMs call for international stability force in Gaza under Trump ceasefire plan](https://www.dailynewsegypt.com/2026/01/10/egyptian-jordanian-fms-call-for-international-stability-force-in-gaza-under-trump-ceasefire-plan/) - Egypt and Jordan on Saturday called for the deployment of an international stability force in the Gaza Strip and the formation of a Palestinian technocratic committee to manage the territory under the framework of US President Donald Trump's ceasefire plan. In a telephone call between Egyptian Foreign Minister Badr Abdelatty and Jordanian Deputy Prime Minister
- [Egypt backs African Medicines Agency, pushes for continent-wide regulatory integration](https://www.dailynewsegypt.com/2026/01/10/egypt-backs-african-medicines-agency-pushes-for-continent-wide-regulatory-integration/) - The Egyptian Drug Authority (EDA) said its chairperson, Ali El-Ghamrawy, participated in a virtual meeting of the African Medicines Agency (AMA) aimed at strengthening regulatory cooperation and integration across the continent. During the meeting, El-Ghamrawy reaffirmed Egypt’s full support for the operationalisation of the agency, underscoring the importance of continent-wide collaboration to harmonise regulatory oversight
- [Annual urban inflation in Egypt stabilises at 12.3% in December 2025](https://www.dailynewsegypt.com/2026/01/10/annual-urban-inflation-in-egypt-stabilises-at-12-3-in-december-2025/) - The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced that the annual inflation rate in Egypt’s urban areas stabilised at 12.3% in December 2025, unchanged from November. Month-on-month inflation eased to 0.2% in December, down from 0.3% in the previous month, indicating a continued slowdown in price pressures. In a statement issued on Saturday,
- [EU to disburse €1bn to Egypt as Al-Sisi, Kallas reaffirm strategic partnership](https://www.dailynewsegypt.com/2026/01/10/eu-to-disburse-e1bn-to-egypt-as-al-sisi-kallas-reaffirm-strategic-partnership/) - The European Union will disburse €1bn in macro-financial assistance to Egypt to support its economy and reform agenda, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas said, stressing that Egypt “is and will remain a strategic partner” for the bloc, with a pivotal role in regional security and stability. Kallas made the
- [Trump’s Greenland ambitions threaten to freeze EU-US trade deal amid Arctic standoff](https://www.dailynewsegypt.com/2026/01/10/trumps-greenland-ambitions-threaten-to-freeze-eu-us-trade-deal-amid-arctic-standoff/) - In the wood-panelled corridors of the European Parliament, a long-simmering trade truce between Brussels and Washington is beginning to crack, chilled by the winds blowing from the far north. What began as a renewed American interest in the world’s largest island has transformed into a high-stakes diplomatic standoff that threatens to dismantle years of delicate
- [Iran protests 2026: Military deploys as economic crisis grips Tehran](https://www.dailynewsegypt.com/2026/01/10/iran-protests-2026-military-deploys-as-economic-crisis-grips-tehran/) - The orange flicker of burning rubbish bins illuminated the debris-strewn streets of Saadat Abad on Friday night as thousands of people gathered in the cold. In the northern Tehran district, usually a bastion of the middle class, the air was thick with smoke and a chant that would have been unthinkable in previous decades: "Long
- [The Egyptian Pound in 2026: A Delicate Balance between Support and Resistance](https://www.dailynewsegypt.com/2026/01/10/the-egyptian-pound-in-2026-a-delicate-balance-between-support-and-resistance/) - The outlook for the Egyptian pound in 2026 is shaped by a complex interplay of supportive forces and resistance factors, creating a landscape rich in opportunity but fraught with risk. Domestic dynamics—most notably monetary and fiscal policy—intersect with external influences such as global financial conditions, capital flows, and commodity price movements, making the pound’s trajectory
- [Banking sector’s local liquidity rises to EGP 13.85trn in November 2025](https://www.dailynewsegypt.com/2026/01/10/banking-sectors-local-liquidity-rises-to-egp-13-85trn-in-november-2025/) - The Central Bank of Egypt (CBE) reported an increase in local liquidity within the banking sector, which rose to EGP 13.853trn in November, up from EGP 13.686trn in October 2025. In its latest report, the CBE said money supply climbed to EGP 3.750trn in November, compared with EGP 3.679trn a month earlier. Currency in circulation
- [Egypt’s net international reserves rise by $4.3bn in 2025](https://www.dailynewsegypt.com/2026/01/10/egypts-net-international-reserves-rise-by-4-3bn-in-2025/) - Egypt’s net international reserves increased by approximately $4.343bn during 2025, reaching $51.452bn by the end of December, compared to $47.109bn at the end of December 2024, according to data released by the Central Bank of Egypt (CBE). Egypt’s foreign reserves comprise a diversified basket of major international currencies, including the US dollar, the euro, the
- [The Cost of Roof Upgrades: A Comprehensive Financial Guide](https://www.dailynewsegypt.com/2026/01/08/the-cost-of-roof-upgrades-a-comprehensive-financial-guide/) - Let's face it: thinking about your roof probably isn't your favorite pastime. It’s just… there. Until it isn’t. Then, you're suddenly lost in a maze of contractor lingo, bewildering material samples, and estimates that make you gulp. But what if we shifted the perspective? This isn't just about fixing a problem. It's about making a
- [LLC vs Sole Establishment in Dubai: Which is right for you?](https://www.dailynewsegypt.com/2025/11/11/llc-vs-sole-establishment-in-dubai-which-is-right-for-you/) - Choosing the right business structure is one of the most important decisions an entrepreneur can make. It affects everything — from taxes and liability to credibility, funding options, and long-term growth. For many new entrepreneurs, the decision often comes down to two options: a Limited Liability Company (LLC) or a Sole Establishment. Both have their
- [Egypt to host 13 golf tournaments to drive tourism revenue growth: Omar Hisham](https://www.dailynewsegypt.com/2026/01/08/egypt-to-host-13-golf-tournaments-to-drive-tourism-revenue-growth-omar-hisham/) - Omar Hisham Talaat stated that a single golf tournament contributes 10,000 hotel nights. With the scheduled 13 events, he expects this figure to double
- [International Consultant Mohamed El-Lethey Proposes 9 Comprehensive Strategies for Egypt to Navigate EU CBAM and Boost Export Competitiveness in 2026](https://www.dailynewsegypt.com/2026/01/08/international-consultant-mohamed-el-lethey-proposes-9-comprehensive-strategies-for-egypt-to-navigate-eu-cbam-and-boost-export-competitiveness-in-2026/) - El-Lethey outlined nine interconnected strategies—four government pillars supporting five industry tactics under MRV frameworks—for full 2026 compliance
- [Egypt Golf Series 2026 launched with 13 tournaments and $750,000 prize pool](https://www.dailynewsegypt.com/2026/01/08/egypt-golf-series-2026-launched-with-13-tournaments-and-750000-prize-pool/) - Egypt Golf Series 2026 will be held under the auspices of MENA Tour, Alps Tour, and Pro Golf Tour, Egyptian Golf Federation President Omar Hisham Talaat said
- [Public Enterprises Ministry, Future of Egypt discuss boosting industry cooperation](https://www.dailynewsegypt.com/2026/01/07/public-enterprises-ministry-future-of-egypt-discuss-boosting-industry-cooperation/) - Minister of Public Enterprises Sector Mohamed Shimi received Head of Future of Egypt Authority for Sustainable Development Bahaa El-Ghannam, at the ministry’s headquarters in the New Capital to discuss ways to strengthen cooperation and advance strategic partnerships in support of the state’s sustainable development goals. The meeting reviewed a number of areas of mutual interest,
- [Electricity, petroleum ministers review preparations to meet higher summer energy demand](https://www.dailynewsegypt.com/2026/01/07/electricity-petroleum-ministers-review-preparations-to-meet-higher-summer-energy-demand/) - Mahmoud Esmat, Minister of Electricity and Renewable Energy, and Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting on Wednesday to review and assess the action plan as part of ongoing preparations to meet the expected increase in energy demand next summer, amid higher consumption and rising loads. The meeting was attended by
- [Five-year CDS fall to lowest level since 2020: Finance Ministry](https://www.dailynewsegypt.com/2026/01/07/five-year-cds-fall-to-lowest-level-since-2020-finance-ministry/) - The Ministry of Finance announced that Egypt’s five-year credit default swap (CDS) prices fell below 270 basis points on 6 January, marking their lowest level since 2020. At the same time, the cost and yields of international bonds declined sharply by between 300 and 400 basis points compared to the same period last year. In
- [France, allies coordinate response to the United States threats to seize Greenland](https://www.dailynewsegypt.com/2026/01/07/france-allies-coordinate-response-to-the-united-states-threats-to-seize-greenland/) - France is working with its partners to develop a response plan should the United States carry out its threat to seize the Danish territory of Greenland, French Foreign Minister Jean-Noël Barrot said on Wednesday. Barrot stated that the matter would be raised for discussion during his meeting with the foreign ministers of Germany and Poland
- [Egypt initiates executive steps to establish specialised Food University in partnership with Japan](https://www.dailynewsegypt.com/2026/01/07/egypt-initiates-executive-steps-to-establish-specialised-food-university-in-partnership-with-japan/) - Egypt has commenced executive procedures to establish a specialised "Food University" aimed at supporting national food security and sustainable development, the Education Development Fund (EDF) announced. The project, which is being implemented in partnership with Japan’s Hiroshima University and the universities of Cairo and Benha, follows a Dec. 19, 2024, decree by the EDF board
- [Banking sector’s net foreign assets rise to $23.73bn in November 2025: CBE](https://www.dailynewsegypt.com/2026/01/07/banking-sectors-net-foreign-assets-rise-to-23-73bn-in-november-2025-cbe/) - The Central Bank of Egypt (CBE) reported that the net foreign assets (NFA) of the Egyptian banking sector increased to approximately $23.732bn, equivalent to EGP 1.13trn, in November 2025. This compares with $22.656bn (around EGP 1.07trn) in October, representing a rise of about $1.1bn and a monthly growth rate of 5%. The CBE noted that
- [Egypt warns of measures to protect water security against unilateral Nile actions](https://www.dailynewsegypt.com/2026/01/07/egypt-warns-of-measures-to-protect-water-security-against-unilateral-nile-actions/) - Egypt will take all measures guaranteed under international law to protect the existential interests of its people and rejects unilateral actions in the Eastern Nile Basin, the country’s foreign and irrigation ministers said on Wednesday. Following a meeting to coordinate regional and international water policy, Minister of Water Resources and Irrigation Hani Sewilam and Minister
- [Egyptian, Omani foreign ministers back political settlements in Yemen and Sudan](https://www.dailynewsegypt.com/2026/01/07/egyptian-omani-foreign-ministers-back-political-settlements-in-yemen-and-sudan/) - Egyptian and Omani foreign ministers backed political settlements in Yemen and Sudan on Wednesday, while calling for the immediate lifting of the blockade on the Gaza Strip to allow for reconstruction. In a meeting held in Cairo, Egyptian Foreign Minister Badr Abdelatty and Omani Foreign Minister Sayyid Badr bin Hamad bin Hamood Albusaidi reaffirmed their
- [Opinion | “The Grand Bargain” Between Trump and Netanyahu](https://www.dailynewsegypt.com/2026/01/07/opinion-the-grand-bargain-between-trump-and-netanyahu/) - Behind closed doors at the Mar-a-Lago resort, history appears to be rewritten through deals whose details remain undisclosed, yet whose reverberations are already echoing from the alleys of Gaza to the protest-filled streets of Tehran. The meeting between Donald Trump and Benjamin Netanyahu was far from a routine encounter; it marked the starting signal for
- [Opinion | Beyond Trump and Venezuela: When Power Tests the Limits of International Law](https://www.dailynewsegypt.com/2026/01/07/opinion-beyond-trump-and-venezuela-when-power-tests-the-limits-of-international-law/) - The decision by the U.S. administration, under President Donald Trump, to pursue legal measures against Venezuela’s president has once again reignited debate over the limits of power within the international system and the delicate line separating accountability from respect for state sovereignty. This debate unfolds at a global moment already marked by a rapid erosion
- [Opinion | Venezuela Didn’t Cause the Fear... It Exposed It!](https://www.dailynewsegypt.com/2026/01/07/opinion-venezuela-didnt-cause-the-fear-it-exposed-it/) - When a major event erupts at a given moment, and distant corners of the world begin to tremble, the real source of anxiety is rarely the event itself, but rather the way it is read and interpreted. What has recently unfolded in Venezuela is unsettling, not because it happened in Latin America, but because it
- [Elham Shahin: Art is not luxury; it is moral position](https://www.dailynewsegypt.com/2026/01/07/elham-shahin-art-is-not-luxury-it-is-moral-position/) - Throughout her distinguished career, Elham Shahin has remained one of the most influential voices in Arab cinema and television—not through constant visibility or seasonal appearances, but through a sustained commitment to provoking thought and unsettling complacency. At a time when silence often feels safer than confrontation, and compromise more common than conviction, Shahin continues to
- [Housing Minister reviews progress at alternative site for Samla, Alam Al-Roum](https://www.dailynewsegypt.com/2026/01/05/housing-minister-reviews-progress-at-alternative-site-for-samla-alam-al-roum/) - Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny held a meeting to review progress on ongoing works at the site designated as an alternative location for the Samla and Alam Al-Roum areas, as well as to assess the current status of compensation procedures for affected residents. During the meeting, officials presented a detailed overview
- [Egypt, Saudi Arabia coordinate on regional crises ahead of first Supreme Council meeting](https://www.dailynewsegypt.com/2026/01/05/egypt-saudi-arabia-coordinate-on-regional-crises-ahead-of-first-supreme-council-meeting/) - Egypt and Saudi Arabia on Monday agreed to intensify political consultation and coordination to address escalating regional challenges, affirming a unified stance on resolving conflicts in Gaza, Sudan, Yemen, and Somalia. The agreement followed meetings in Cairo between Egyptian President Abdel Fattah Al-Sisi and Saudi Foreign Minister Prince Faisal bin Farhan al-Saud. The discussions, which
- [African World Heritage Fund registers four new sites as Egypt hosts board meetings](https://www.dailynewsegypt.com/2026/01/05/african-world-heritage-fund-registers-four-new-sites-as-egypt-hosts-board-meetings/) - The African World Heritage Fund (AWHF) facilitated the registration of four new African heritage sites on the UNESCO World Heritage List during the last six months, officials announced during board meetings hosted by Egypt. The 38th session of the AWHF Board of Directors, held in Cairo, was hosted by the Ministry of Foreign Affairs, Emigration
- [Egypt's Health Ministry, Philips to study local manufacturing of CT scan machines](https://www.dailynewsegypt.com/2026/01/05/egypts-health-ministry-philips-to-study-local-manufacturing-of-ct-scan-machines/) - Egypt’s Ministry of Health and Population is preparing a joint feasibility study with Philips to localise the manufacturing of CT scan machines, the ministry announced on Monday. Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, met with the Philips Regional Director for the Middle East, Turkey, and Africa
- [Egypt accelerates phase 2 of BRT, Ring Road upgrades to ease congestion, expand green transport](https://www.dailynewsegypt.com/2026/01/05/egypt-accelerates-phase-2-of-brt-ring-road-upgrades-to-ease-congestion-expand-green-transport/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, conducted an inspection tour to review progress on phase two of the Bus Rapid Transit (BRT) project and ongoing works under the second phase of the Greater Cairo Ring Road development. The visit comes as part of Egypt’s broader efforts
- [FRA launches first register for tech-based risk assessment firms in non-banking finance](https://www.dailynewsegypt.com/2026/01/05/fra-launches-first-register-for-tech-based-risk-assessment-firms-in-non-banking-finance/) - The Financial Regulatory Authority (FRA) has issued a decision establishing a dedicated register for companies that provide technology-driven risk assessment systems for non-banking financial activities, marking a significant step in regulating the use of advanced technologies within Egypt’s non-banking finance sector. These companies rely on sophisticated technological tools, including artificial intelligence and digital data analytics,
- [Industry Ministry rolls out incentive package to expand cold-rolled, coated steel production](https://www.dailynewsegypt.com/2026/01/05/industry-ministry-rolls-out-incentive-package-to-expand-cold-rolled-coated-steel-production/) - Egypt’s Ministry of Industry has unveiled a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanised, and pre-painted steel sheets and coils, which are regarded as key inputs for a wide range of strategic industries. In a statement, the ministry urged serious investors to direct new capital towards the
- [Real GDP growth projected to reach 6.2% by FY 2029/30: Finance Ministry](https://www.dailynewsegypt.com/2026/01/05/real-gdp-growth-projected-to-reach-6-2-by-fy-2029-30-finance-ministry/) - Egypt’s real GDP growth is projected to reach around 5% in fiscal year (FY) 2025/2026 and 5.3% in FY 2026/2027, before accelerating to 6.2% by FY 2029/2030, according to the Ministry of Finance. In its Medium-Term Fiscal Strategy covering FY 2026/2027 to FY 2029/2030, the ministry attributed this outlook to the continued expansion of the
- [Turkish firm Eroglu Moda Tekstil to invest $5.6m in Egypt garment factory](https://www.dailynewsegypt.com/2026/01/05/turkish-firm-eroglu-moda-tekstil-to-invest-5-6m-in-egypt-garment-factory/) - Turkish company Eroglu Moda Tekstil has signed an agreement to establish a $5.6m (EGP 265m) ready-made garment factory in the West Qantara Industrial Zone, targeting the export of 95% of its annual production to global markets. Waleid Gamal El-Dein, Chairperson of the Suez Canal Economic Zone (SCZONE), signed the contract at the authority's headquarters in
- [Egypt’s FRA launches first digital payment network for non-banking financial sector](https://www.dailynewsegypt.com/2026/01/05/egypts-fra-launches-first-digital-payment-network-for-non-banking-financial-sector/) - The Financial Regulatory Authority (FRA) has launched the first integrated digital payment network for the non-banking financial sector as a central platform for the secure and unified digital settlement of financial dues. The network, established through a strategic partnership with e-finance, is designed to facilitate interactions between entities operating in non-banking financial activities and the
- [Egypt identifies 80 measures to overhaul startup environment and boost investment](https://www.dailynewsegypt.com/2026/01/05/egypt-identifies-80-measures-to-overhaul-startup-environment-and-boost-investment/) - Egypt has identified 80 specific measures to overhaul the entrepreneurship environment and boost investment in startups following a year-long review of the sector, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Monday. The measures were formulated after 50 meetings involving 250 representative bodies and 160 startups, aiming to address feedback from
- [Maduro faces New York court as world leaders demand explanation and Trump threatens strikes](https://www.dailynewsegypt.com/2026/01/05/maduro-faces-new-york-court-as-world-leaders-demand-explanation-and-trump-threatens-strikes/) - Venezuelan President Nicolás Maduro and his wife, Cilia Flores, appeared before a New York federal judge on Monday to face narco-terrorism and drug trafficking charges following a unilateral US military operation that prompted President Donald Trump to threaten further strikes if the remaining government fails to cooperate. The Venezuelan leader and his wife arrived at
- [Egyptian Women 2025: Assessing the Gap Between Policy and Practice](https://www.dailynewsegypt.com/2026/01/05/egyptian-women-2025-assessing-the-gap-between-policy-and-practice/) - The year 2025 has concluded, presenting a complex landscape for women’s rights in Egypt. According to the newly released annual report by the Egyptian Centre for Women’s Rights (ECWR), titled “Egyptian Women 2025: Rights Gaps and the Shadows of Violence,” the country continues to navigate a gap between its legislative frameworks and the practical experiences
- [Algeria’s Condor enters Egyptian market, plans local manufacturing](https://www.dailynewsegypt.com/2026/01/04/algerias-condor-enters-egyptian-market-plans-local-manufacturing/) - Algeria’s Condor Group has officially launched its brand in the Egyptian market, marking a new phase in its regional expansion strategy focused on investment, partnerships, and local manufacturing, rather than exports alone. The announcement was made during a high-level event attended by Algerian parliamentary and diplomatic officials, alongside industry stakeholders, distributors, and business leaders from
- [Silver drops 4.6% in Egypt amid global sell-off triggered by margin hikes: Safe Haven Hub](https://www.dailynewsegypt.com/2026/01/04/silver-drops-4-6-in-egypt-amid-global-sell-off-triggered-by-margin-hikes-safe-haven-hub/) - Silver prices in Egypt declined by 4.6% last week, tracking a sharp global downturn of nearly 9% per ounce, according to a report by Safe Haven Hub. The sell-off followed a decision by the Chicago Mercantile Exchange (CME) to raise trading margins on precious metals contracts, prompting heavy liquidation in the final trading sessions of
- [Universal Health Insurance approves key governance, financial, and technical measures](https://www.dailynewsegypt.com/2026/01/04/universal-health-insurance-approves-key-governance-financial-and-technical-measures/) - The Universal Health Insurance Authority (UHIA) held its 100th board meeting, during which members approved a series of regulatory, financial, and technical measures aimed at strengthening institutional governance, improving operational efficiency, and ensuring the long-term sustainability of Egypt’s health insurance system. At the meeting, the board reviewed and approved the Authority’s first Anti-Abuse, Anti-Fraud, and
- [Egypt opens Braille-accessible library in Cairo under presidential directive](https://www.dailynewsegypt.com/2026/01/04/egypt-opens-braille-accessible-library-in-cairo-under-presidential-directive/) - Egypt’s Minister of Culture, Ahmed Fouad Hanno, inaugurated the "Noon El-Sahar 2" public library in Cairo on Sunday, ordering the facility to be immediately equipped with Braille publications to mark World Braille Day. The opening follows directives from President Abdel Fattah Al-Sisi to expand the national network of public libraries. The "Noon El-Sahar 2"
- [Al-Sisi pledges full support for UN desertification chief in Cairo meeting](https://www.dailynewsegypt.com/2026/01/04/al-sisi-pledges-full-support-for-un-desertification-chief-in-cairo-meeting/) - President Abdel Fattah Al-Sisi pledged Egypt’s full support for the United Nations Convention to Combat Desertification (UNCCD) during a meeting on Sunday with its Executive Secretary, Yasmine Fouad. Al-Sisi expressed confidence in Fouad’s expertise to address global environmental challenges and support international efforts toward sustainable development goals, according to a statement from the presidency. He
- [Al Ahly Pharos advises on EGP 3.52bn Tasaheel securitization deal](https://www.dailynewsegypt.com/2026/01/04/al-ahly-pharos-advises-on-egp-3-52bn-tasaheel-securitization-deal/) - Al Ahly Pharos, the investment banking arm of the National Bank of Egypt, successfully acted as financial advisor, transaction lead arranger, underwriter, and book-runner for Capital Securitization Company’s fourth securitization issuance of the 12th program, valued at EGP 3.52bn. The issuance is secured by a portfolio worth EGP 4.27bn assigned by Tasaheel for Financing S.A.E.
- [Maximising industrial asset utilisation central to Public Enterprises strategy: Minister](https://www.dailynewsegypt.com/2026/01/04/maximising-industrial-asset-utilisation-central-to-public-enterprises-strategy-minister/) - Mohamed El-Shimy, Minister of the Public Enterprises Sector, said that maximising the utilisation of industrial assets is a central pillar of the ministry’s strategy, aimed at enhancing the competitiveness of Egyptian products in both local and international markets and supporting the requirements of sustainable economic development. El-Shimy made the remarks during a meeting with Tarek
- [ETA outlines second package of tax facilitations, emphasises continuous dialogue](https://www.dailynewsegypt.com/2026/01/04/eta-outlines-second-package-of-tax-facilitations-emphasises-continuous-dialogue/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), said the Authority remains committed to sustained consultation and continuous dialogue in connection with the second package of tax facilitation measures. Her remarks came during her participation in the conference on the second package of tax facilitations, organised by the Egyptian Tax Association and attended
- [Egypt, Qatar sign MoU to expand cooperation in energy](https://www.dailynewsegypt.com/2026/01/04/egypt-qatar-sign-mou-to-expand-cooperation-in-energy/) - Egypt and Qatar have signed a memorandum of understanding (MoU) in Doha to strengthen cooperation in the energy sector, particularly in the sale and import of liquefied natural gas (LNG), as well as other areas of energy collaboration. The MoU was signed by Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, and Qatar’s Minister
- [Transport Minister inspects progress on Cairo Metro Line 4 phase one](https://www.dailynewsegypt.com/2026/01/04/transport-minister-inspects-progress-on-cairo-metro-line-4-phase-one/) - Kamel Al-Wazir, Minister of Transport and Minister of Industry and Deputy Prime Minister for Industrial Development, conducted an inspection tour of phase one of Cairo Metro Line 4, as part of the government’s ongoing monitoring of national transport projects in line with directives from President Abdel Fattah Al-Sisi. The minister visited multiple stations along the
- [Mohamed El-Gawsaky named head of Egypt’s investment authority for one-year term](https://www.dailynewsegypt.com/2026/01/04/mohamed-el-gawsaky-named-head-of-egypts-investment-authority-for-one-year-term/) - Egypt’s Prime Minister Mostafa Madbouly has appointed Mohamed El-Gawsaky as the executive director of the General Authority for Investment and Free Zones (GAFI) for a one-year term, according to a government statement. The appointment is part of state efforts to enhance the investment climate and stimulate economic growth. El-Gawsaky brings more than two decades of
- [Al-Sisi highlights Egypt’s sporting readiness during 2026 World Cup trophy tour](https://www.dailynewsegypt.com/2026/01/04/al-sisi-highlights-egypts-sporting-readiness-during-2026-world-cup-trophy-tour/) - President Abdel Fattah Al-Sisi expressed his aspiration for Egypt to host the FIFA World Cup in the future during a meeting with football’s global governing body in Cairo on Sunday. The visit by the FIFA delegation marks the second stop of the promotional tour for the 2026 World Cup, which is scheduled to be held
- [AEMP plans operational expansion, new branch openings in 2026](https://www.dailynewsegypt.com/2026/01/04/aemp-plans-operational-expansion-new-branch-openings-in-2026/) - AE Media Production (AEMP) reported a strong increase in business activity during 2025, with the company doubling its volume compared to the previous year, according to statements by its management. Abdelrahman Essam, Chief Executive Officer of AEMP, said the company expanded its operations in 2025 despite ongoing challenges in the real estate and media sectors,
- [Prime Living Developments targets EGP 500m investments in 2026 expansion plan](https://www.dailynewsegypt.com/2026/01/04/prime-living-developments-targets-egp-500m-investments-in-2026-expansion-plan/) - Prime Living Developments has announced an expansion strategy for 2026, targeting investments exceeding EGP 500m through the development of a portfolio of residential projects across several key locations, including New Heliopolis, New Cairo, Sheikh Zayed, Hadayek October, and Obour City. The plan also includes the launch of a marketing campaign titled “Your Key to a
- [MRB launches District 9 project in 6th of October City with Carrefour as anchor tenant](https://www.dailynewsegypt.com/2026/01/04/mrb-launches-district-9-project-in-6th-of-october-city-with-carrefour-as-anchor-tenant/) - MRB Holding, a facility management and retail operations consultancy, has announced the launch of the first phase of the District 9 commercial project in 6th of October City, developed by NEXT Developments, coinciding with the opening of Carrefour as the project’s main anchor tenant. Under the agreement, MRB is responsible for the leasing, management, and
- [Lazura Developments launches New Cairo project with EGP 8bn in investments](https://www.dailynewsegypt.com/2026/01/04/lazura-developments-launches-new-cairo-project-with-egp-8bn-in-investments/) - Lazura Developments has announced the launch of its latest real estate project, Lazura New Cairo, in New Cairo, marking the first project to be officially introduced to Egypt’s real estate market at the start of 2026, with total investments exceeding EGP 8bn. Ahmed Abdel Hakim, Board Member at Lazura Developments, said the launch represents a
- [Sky AD. Developments begins phase one deliveries at Residence 8 project](https://www.dailynewsegypt.com/2026/01/04/sky-ad-developments-begins-phase-one-deliveries-at-residence-8-project/) - Sky Abu Dhabi Developments has announced the commencement of unit deliveries for Phase One of its Residence 8 project in Egypt’s New Administrative Capital, marking the company’s first residential handover in the local market and in line with the approved delivery schedule. Phase One includes the delivery of around 350 residential units, signalling the project’s
- [Escrow accounts gain momentum as Egypt moves to enforce real estate discipline](https://www.dailynewsegypt.com/2026/01/04/escrow-accounts-gain-momentum-as-egypt-moves-to-enforce-real-estate-discipline/) - Egypt’s real estate sector is shifting decisively from regulatory debate to enforcement, as government authorities, parliament, and market stakeholders converge on the activation of escrow accounts as a central mechanism to restore discipline, protect buyers, and curb project delays. The renewed momentum follows mounting complaints over delayed unit deliveries and instances of financial mismanagement in
- [Egypt targets 30 million annual tourists following record 19 million arrivals](https://www.dailynewsegypt.com/2026/01/04/egypt-targets-30-million-annual-tourists-following-record-19-million-arrivals/) - Egypt is targeting 30 million tourists annually following a record 19 million arrivals last year, Prime Minister Mostafa Madbouly said on Sunday during a meeting to review measures for facilitating entry procedures and improving the visitor experience. "We currently have an increase in numbers; last year we reached an unprecedented figure of 19 million tourists,
- [Madbouly highlights "love and closeness" between Egyptians during Christmas visit](https://www.dailynewsegypt.com/2026/01/04/madbouly-highlights-love-and-closeness-between-egyptians-during-christmas-visit/) - Egyptian Prime Minister Mostafa Madbouly said on Sunday that national occasions represent a great opportunity to demonstrate love and closeness between the people of one nation, during a visit to St. Mark's Coptic Orthodox Cathedral in Abbasiya to congratulate Pope Tawadros II on Christmas. Madbouly stated that the current year is better than previous years,
- [Abdelatty urges calm in Yemen in high-level calls with Turkey, Pakistan, Gulf states](https://www.dailynewsegypt.com/2026/01/04/abdelatty-urges-calm-in-yemen-in-high-level-calls-with-turkey-pakistan-gulf-states/) - Egyptian Foreign Minister Badr Abdelatty conducted an intensive round of diplomatic outreach on Sunday, holding high-level talks with counterparts in Ankara, Islamabad, Muscat, and Kuwait City to coordinate a regional response to the escalating crisis in Yemen. In separate phone calls with the foreign ministers of Turkey, Pakistan, Oman, and Kuwait, Abdelatty emphasised the urgent
- [Textile, spinning industry development project receives strong political support: El-Shimy](https://www.dailynewsegypt.com/2026/01/03/textile-spinning-industry-development-project-receives-strong-political-support-el-shimy/) - Mohamed El-Shimy, Minister of Public Enterprises Sector, said that the national project to develop the textile and spinning industry is receiving strong support and close attention from the political leadership, noting its pivotal role in strengthening national industry and boosting the competitiveness of Egyptian products in both local and international markets. El-Shimy explained that Misr
- [Ministry of Agriculture issues 1,165 project licences in December 2025](https://www.dailynewsegypt.com/2026/01/03/ministry-of-agriculture-issues-1165-project-licences-in-december-2025/) - The Ministry of Agriculture and Land Reclamation, through the Livestock and Poultry Development Sector, announced that it issued approximately 1,165 operating licences in December 2025. The licences included both renewals and first-time approvals for projects related to livestock production, feed manufacturing, poultry activities, and milk collection centres. The announcement was made in a report submitted
- [Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week](https://www.dailynewsegypt.com/2026/01/03/finance-ministry-to-offer-eight-t-bill-bond-tenders-worth-egp-190bn-this-week/) - The Ministry of Finance announced that it will offer eight treasury bill and bond tenders this week with a combined value of EGP 190bn, as part of its ongoing financing plan. The offerings include four treasury bill tenders worth EGP 160bn and four treasury bond tenders totaling EGP 30bn. According to the Ministry, the treasury
- [US forces capture Maduro in "Midnight Hammer" raid; Trump pledges US governance of Venezuela](https://www.dailynewsegypt.com/2026/01/03/us-forces-capture-maduro-in-midnight-hammer-raid-trump-pledges-us-governance-of-venezuela/) - US President Donald Trump confirmed on Saturday that elite US special forces have captured Venezuelan President Nicolas Maduro and First Lady Cilia Flores in a high-stakes nighttime raid. During a press conference at his Mar-a-Lago residence, Trump declared that the United States will "run" Venezuela on a temporary basis to oversee what he described as
- [Gold slips at start of 2026 as thin liquidity triggers profit-taking: Gold Bullion](https://www.dailynewsegypt.com/2026/01/03/gold-slips-at-start-of-2026-as-thin-liquidity-triggers-profit-taking-gold-bullion/) - Gold prices retreated in the first trading sessions of 2026, pulling back from recent record highs amid thin market liquidity and profit-taking, according to an analysis by Gold Bullion. Spot gold declined 4.4% over the past week, falling to a two-week low of $4,274 per ounce after opening the week at $4,542. Prices later recovered
- [ETA begins receiving 2025 tax returns, announces expanded support measures](https://www.dailynewsegypt.com/2026/01/03/eta-begins-receiving-2025-tax-returns-announces-expanded-support-measures/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that the Authority began receiving tax returns for the 2025 tax year as of 1 January, in line with directives from Minister of Finance Ahmed Kouchouk. The move aims to simplify procedures for taxpayers, provide integrated technical support, and encourage voluntary compliance. Abdel Aal
- [Madbouly inspects Luxor healthcare facilities as Universal Insurance expands in Upper Egypt](https://www.dailynewsegypt.com/2026/01/03/madbouly-inspects-luxor-healthcare-facilities-as-universal-insurance-expands-in-upper-egypt/) - Prime Minister Mostafa Madbouly conducted an extensive field tour of healthcare facilities affiliated with Egypt’s Healthcare Authority (EHA) in Luxor, as part of ongoing efforts to monitor the implementation of the Universal Health Insurance System (UHIS) and evaluate progress in healthcare services across Upper Egypt. The tour included visits to Karnak International Hospital and Luxor
- [Port Said health facilities record 362,662 medical services throughout 2025](https://www.dailynewsegypt.com/2026/01/03/port-said-health-facilities-record-362662-medical-services-throughout-2025/) - Egypt’s Ministry of Health and Population provided 362,662 medical services through hospitals and health facilities in Port Said governorate between January and December 2025, the ministry announced in a statement. The services were delivered under the directives of Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, as part of the "Egypt
- [Port Said health facilities record 362,662 medical services throughout 2025](https://www.dailynewsegypt.com/2026/01/03/port-said-health-facilities-record-362662-medical-services-throughout-2025/) - Egypt’s Ministry of Health and Population provided 362,662 medical services through hospitals and health facilities in Port Said governorate between January and December 2025, the ministry announced in a statement. The services were delivered under the directives of Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, as part of the "Egypt
- [The silicon toll: Trump’s transactional strategy to rewire the global chip war](https://www.dailynewsegypt.com/2026/01/03/the-silicon-toll-trumps-transactional-strategy-to-rewire-the-global-chip-war/) - In the nondescript offices of a New Jersey aerospace and defence firm, a $2.92m asset sale seemed, on paper, like a minor corporate footnote. But in the high-stakes theatre of global semiconductor supremacy, no transaction is too small to escape the notice of the White House. President Donald Trump on Friday issued a formal order
- [Cairo conducts intensive contacts to halt Yemen fighting as government forces seize key port](https://www.dailynewsegypt.com/2026/01/03/cairo-conducts-intensive-contacts-to-halt-yemen-fighting-as-government-forces-seize-key-port/) - Egypt is conducting intensive contacts with all parties to the Yemeni conflict to urge de-escalation and support a peace path, the Ministry of Foreign Affairs, Emigration and Egyptian Expatriates said on Saturday, as Saudi-backed government forces retook the strategic port of Mukalla. In a formal statement, the ministry expressed "deep concern" regarding recent developments and
- [Nuclear shields and new recruits: France braces for a Europe without Washington](https://www.dailynewsegypt.com/2026/01/03/nuclear-shields-and-new-recruits-france-braces-for-a-europe-without-washington/) - Inside the historic corridors of the École Militaire, a stone’s throw from the Eiffel Tower in Paris's elegant 7th arrondissement, the walls are lined with recruitment posters. Here, 26-year-old Charlotte, a marketing professional for a private firm, finds herself questioning the trajectory of her career. “I sometimes wonder about the usefulness of my work in
- [Banque Misr posts EGP 68.35bn in net profits during M9 2025](https://www.dailynewsegypt.com/2026/01/03/banque-misr-posts-egp-68-35bn-in-net-profits-during-m9-2025/) - Banque Misr reported net profits of EGP 68.353bn during the first nine months of 2025, up from EGP 60.457bn in the same period of 2024, according to the bank’s financial statements. Profits before tax reached EGP 108.328bn over the period, compared with EGP 93.345bn a year earlier. Net interest income rose to EGP 123.748bn in
- [Banks’ aggregate financial position in Egypt rises to EGP 25.37trn in September 2025](https://www.dailynewsegypt.com/2026/01/03/banks-aggregate-financial-position-in-egypt-rises-to-egp-25-37trn-in-september-2025/) - The Central Bank of Egypt (CBE) said the aggregate financial position of banks operating in the local market—excluding the central bank—rose to EGP 25.366trn in September 2025, compared with EGP 24.023trn in the preceding June, marking an increase of around EGP 1.343trn. According to the Central Bank’s latest report, cash balances at banks amounted to
- [US military hits Caracas as Trump says President Maduro taken into custody](https://www.dailynewsegypt.com/2026/01/03/us-military-hits-caracas-as-trump-says-president-maduro-taken-into-custody/) - US President Donald Trump said on Saturday that US forces have captured Venezuelan President Nicolas Maduro and his wife, Cilia Flores, following what he described as "successful and large-scale" military strikes on Venezuela. In a post on the Truth Social platform, Trump stated that the couple had been "arrested and flown out of the country"
- [TMG to launch post-AI project and begin Noor city deliveries in 2026](https://www.dailynewsegypt.com/2026/01/02/tmg-to-launch-post-ai-project-and-begin-noor-city-deliveries-in-2026/) - On the North Coast, TMG is accelerating the execution of SouthMed project, investing EGP 10bn to construct roughly 200 buildings within project’s first phase
- [From Niche to National Asset: Inside the Egyptian Golf Federation’s Institutional Rebirth](https://www.dailynewsegypt.com/2025/12/31/from-niche-to-national-asset-inside-the-egyptian-golf-federation-institutional-rebirth/) - The Architect of the Fairway: How Omar Hisham is Rebuilding Egypt’s Golfing Legacy and the New Era of the Egyptian Golf Federation
- [MSMEDA expands marketing support for SMEs: Rahmy](https://www.dailynewsegypt.com/2025/12/30/msmeda-expands-marketing-support-for-smes-rahmy/) - Basil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), reaffirmed the agency’s commitment to providing strong marketing support to small and medium-sized enterprise owners by facilitating their participation in various exhibitions, particularly international fairs, to help develop their products and expand access to regional and global markets. Rahmy explained that MSMEDA
- [GlobalCorp issues eighth securitization bond worth EGP 2.5bn](https://www.dailynewsegypt.com/2025/12/30/globalcorp-issues-eighth-securitization-bond-worth-egp-2-5bn/) - GlobalCorp Financial Services has successfully completed its eighth securitization bond issuance, valued at EGP 2.5bn, following approval from Egypt’s Financial Regulatory Authority (FRA). The transaction falls under the company’s second approved securitization program. The issuance was structured into three tranches with varying maturities and credit ratings: Tranche A: EGP 1.3bn, with a tenor of 25
- [Egypt, Sudan move to deepen industrial, trade cooperation](https://www.dailynewsegypt.com/2025/12/30/egypt-sudan-move-to-deepen-industrial-trade-cooperation/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Sudan’s Minister of Industry and Trade, Mahasin Ali Yaqoub, and her accompanying delegation to explore ways to strengthen bilateral relations and expand industrial and trade cooperation between the two countries. At the outset of the meeting, Al-Wazir underscored
- [Valero Developments partners with KAD to strengthen project management, operational performance](https://www.dailynewsegypt.com/2025/12/30/valero-developments-partners-with-kad-to-strengthen-project-management-operational-performance/) - Valero Developments has entered into a strategic cooperation agreement with KAD Commercial Property Management to enhance the operational performance of its projects and support their long-term investment value. The agreement was signed by Ahmed Fahmy, Chairman of Valero Developments, and Maha El-Fangary, General Manager of KAD Commercial Property Management, in the presence of senior executives
- [Egypt moves to deepen local manufacturing, cut textile imports](https://www.dailynewsegypt.com/2025/12/30/egypt-moves-to-deepen-local-manufacturing-cut-textile-imports/) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held a meeting with Minister of Public Enterprises Sector Mohamed El-Shimy and a group of manufacturers from the spinning, textiles, ready-made garments, and home furnishings industries to discuss ways to deepen local manufacturing and reduce Egypt’s import bill. The meeting was
- [ECS, Expolink explore stronger cooperation to boost Egyptian exports](https://www.dailynewsegypt.com/2025/12/30/ecs-expolink-explore-stronger-cooperation-to-boost-egyptian-exports/) - Head of the Egyptian Commercial Service (ECS), Abdel Aziz El-Sherif, received Mohamed Kassem, Chairperson of the Egyptian Exporters Association (Expolink), along with several members of the association’s board, to discuss ways to strengthen cooperation and enhance Egyptian exports. El-Sherif stated that the coming period will witness intensified collaboration with Expolink to implement targeted action plans
- [Reefy secures FRA approval for EGP 1.064bn securitisation bond issuance](https://www.dailynewsegypt.com/2025/12/30/reefy-secures-fra-approval-for-egp-1-064bn-securitisation-bond-issuance/) - Microfinance Enterprise Services – Reefy announced that it has received final approval from the Financial Regulatory Authority (FRA) for the third issuance under its second securitisation programme, with a total value of EGP 1.064bn, in favour of Egyptian Securitisation Company. The issuance forms part of Reefy’s ongoing strategy to adopt innovative and sustainable financing instruments
- [5th-century BC industrial hub, Roman burials discovered in Egypt’s West Delta](https://www.dailynewsegypt.com/2025/12/30/5th-century-bc-industrial-hub-roman-burials-discovered-in-egypts-west-delta/) - Ancient industrial workshops dating from the Late Period to the early Ptolemaic era, along with a Roman-era cemetery, have been discovered at the Kom al-Ahmar and Kom Wasit sites in Egypt's Western Nile Delta. The find, announced by the Ministry of Tourism and Antiquities on Tuesday, includes a large industrial building containing at least six
- [Egypt completes 90% of first-phase gas connections for 'Decent Life' initiative](https://www.dailynewsegypt.com/2025/12/30/egypt-completes-90-of-first-phase-gas-connections-for-decent-life-initiative/) - Egypt has completed 90 per cent of the planned natural gas delivery works for the first phase of the "Decent Life" (Haya Karima) presidential initiative, Petroleum Minister Karim Badawi said on Tuesday. During a meeting with Prime Minister Mostafa Madbouly in the New Administrative Capital to review ministry operations, Badawi stated that the government is
- [Saudi Arabia demands UAE withdrawal from Yemen after air strike on 'unauthorised' arms](https://www.dailynewsegypt.com/2025/12/30/saudi-arabia-demands-uae-withdrawal-from-yemen-after-air-strike-on-unauthorised-arms/) - Saudi Arabia has ordered the complete withdrawal of United Arab Emirates forces from Yemen within 24 hours, declaring its national security a "red line" following a military strike on what it described as unauthorised UAE-linked weapons shipments. The demand, issued by the Saudi Ministry of Foreign Affairs on Tuesday, followed a "limited military operation" by
- [CBE, Afreximbank sign MoU to launch pan-African Gold Bank programme in Egypt](https://www.dailynewsegypt.com/2025/12/30/cbe-afreximbank-sign-mou-to-launch-pan-african-gold-bank-programme-in-egypt/) - The Central Bank of Egypt (CBE) and the African Export–Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) to establish a pan-African Gold Bank programme, a strategic initiative aimed at formalising gold value chains, strengthening central bank reserves, and reducing Africa’s reliance on foreign refining and trading hubs. The landmark MoU was signed by
- [Egypt to cover private healthcare costs under universal insurance scheme, says PM at New Giza University Hospital opening](https://www.dailynewsegypt.com/2025/12/30/egypt-to-cover-private-healthcare-costs-under-universal-insurance-scheme-says-pm-at-new-giza-university-hospital-opening/) - Egyptian citizens will be entitled to receive medical treatment at private sector facilities with costs covered by the state under the Universal Health Insurance system, Prime Minister Mostafa Madbouly said on Tuesday during the inauguration of the New Giza University (NGU) Hospital. Madbouly stated that the government is taking serious steps to integrate both state
- [Opinion | Censorship Creates Fame: The Pulled 60 Minutes Episode on ‘Hell in El Salvador’ Garners Millions of Views Despite the Ban](https://www.dailynewsegypt.com/2025/12/30/opinion-censorship-creates-fame-the-pulled-60-minutes-episode-on-hell-in-el-salvador-garners-millions-of-views-despite-the-ban/) - The media and journalistic circles have been abuzz recently over an episode of 60 Minutes originally scheduled to air on CBS on December 21, 2025, before a last-minute decision was made to pull it from broadcast. Despite the official ban, the episode was quickly leaked, spreading like wildfire across the internet. In just a few
- [Opinion | Israel’s Recognition of Somaliland and the New Agenda for Palestinian Displacement](https://www.dailynewsegypt.com/2025/12/30/opinion-israels-recognition-of-somaliland-and-the-new-agenda-for-palestinian-displacement/) - A few days ago, Israeli Prime Minister Benjamin Netanyahu officially announced Israel’s recognition of the so-called “Republic of Somaliland.” For those unfamiliar with the entity, Somaliland is a self-declared region within the internationally recognized state of Somalia. It has remained unrecognized by the international community for decades, with Taiwan being the only previous exception. In
- [TMG signs EGP 10bn contract with Concrete Plus for South Med phase](https://www.dailynewsegypt.com/2025/12/30/tmg-signs-egp-10bn-contract-with-concrete-plus-for-south-med-phase/) - South Med development spans a total of 23 million square metres near Alamein Airport. TMG stated the project aims to serve as a global tourism destination
- [Qatari Diar pays Egypt $3.5bn initial installment for $29.7bn Alam El Roum investment deal](https://www.dailynewsegypt.com/2025/12/30/qatari-diar-pays-egypt-3-5bn-initial-installment-for-29-7bn-alam-el-roum-investment-deal/) - Egypt has received $3.5bn from Qatari Diar Real Estate Investment Company as the initial cash payment for a project to develop the Semla and Alam El Roum area on the northwestern coast, the Egyptian cabinet said. The payment is part of an investment partnership agreement signed on Nov. 6 between Egypt’s New Urban Communities Authority
- [Egypt’s apparel exports exceed $3bn for first time](https://www.dailynewsegypt.com/2025/12/29/egypts-apparel-exports-exceed-3bn-for-first-time/) - Egypt’s ready-made garments sector has achieved a historic milestone, with exports surpassing $3bn for the first time, according to the Apparel Export Council of Egypt (AECE). The council said total garment exports reached approximately $3.1bn between January and November 2025, marking the highest level ever recorded by the industry. This represents annual growth of 22%,
- [ICT Minister says Egypt targets production of 15 million mobile phones in 2026](https://www.dailynewsegypt.com/2025/12/29/ict-minister-says-egypt-targets-production-of-15-million-mobile-phones-in-2026/) - Egypt aims to produce 15 million mobile phones next year and begin exporting devices to international markets, following the manufacture of 10 million units in 2025, Minister of Communications and Information Technology Amr Talaat said on Monday. Speaking to military attaches-elect at the Institute for Intelligence and Security Science Studies, Talaat stated that the 10
- [Egypt to launch 2026-2030 national strategy for 11m people with disabilities](https://www.dailynewsegypt.com/2025/12/29/egypt-to-launch-2026-2030-national-strategy-for-11m-people-with-disabilities/) - Egypt will launch a comprehensive national strategy for the period 2026-2030 aimed at the full integration and empowerment of 11m people with disabilities, the National Council for Persons with Disabilities (NCPD) announced on Monday. The strategy, prepared by the NCPD in collaboration with the Cabinet’s Information and Decision Support Centre (IDSC), follows a year of
- [UAE, Egypt move to finalise comprehensive economic partnership agreement negotiations](https://www.dailynewsegypt.com/2025/12/29/uae-egypt-move-to-finalise-comprehensive-economic-partnership-agreement-negotiations/) - Egypt and the United Arab Emirates are working to conclude negotiations on a comprehensive economic partnership agreement intended to increase investment flows and enhance economic competitiveness, Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib said. During a meeting in Cairo with UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi, the two sides
- [Abdelatty outlines Egypt's peace and development vision for Eastern Congo and Horn of Africa](https://www.dailynewsegypt.com/2025/12/29/abdelatty-outlines-egypts-peace-and-development-vision-for-eastern-congo-and-horn-of-africa/) - Foreign Minister Badr Abdelatty has detailed Egypt's strategic vision for regional stability, calling for an emergency African Union (AU) session to reject Israel’s recognition of Somaliland while offering peacekeeping support for the eastern Democratic Republic of Congo (DRC). Addressing a virtual ministerial session of the AU Peace and Security Council on Monday, Abdelatty stated that
- [Concessional financing offered to first 100,000 taxpayers joining simplified tax system](https://www.dailynewsegypt.com/2025/12/29/concessional-financing-offered-to-first-100000-taxpayers-joining-simplified-tax-system/) - Minister of Finance Ahmed Kouchouk said concessional financing will be provided to the first 100,000 taxpayers who join the simplified tax system, stressing that the move aims to support taxpayers, ease compliance, and help businesses expand. Speaking during a Monday panel discussion at the Egyptian Centre for Economic Studies, Kouchouk said that sample-based audits will
- [Egypt accelerates localisation of advanced manufacturing technologies](https://www.dailynewsegypt.com/2025/12/29/egypt-accelerates-localisation-of-advanced-manufacturing-technologies/) - Minister of State for Military Production Mohamed Salah El-Din Mostafa affirmed the ministry’s commitment to implementing the political leadership’s directives to accelerate the localisation of modern manufacturing technologies across various sectors, increase local content, and generate added value for the national economy. These efforts are being pursued alongside continued initiatives to attract further investment and
- [Egypt-Sudan trade exchange hits $1.15bn in 2024](https://www.dailynewsegypt.com/2025/12/29/egypt-sudan-trade-exchange-hits-1-15bn-in-2024/) - Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, and Mahasen Ali Yaqoub, Sudan’s Minister of Industry and Trade, chaired on Monday in Cairo the meetings of the Joint Egyptian–Sudanese Trade and Industry Committee, with the participation of senior officials from both countries. El-Khatib affirmed the strong fraternal ties binding the two countries and their
- [Kremlin demands Ukraine's total withdrawal from Donbas before any ceasefire](https://www.dailynewsegypt.com/2025/12/29/kremlin-demands-ukraines-total-withdrawal-from-donbas-before-any-ceasefire/) - The Kremlin issued a stark ultimatum on Monday, insisting that Ukrainian forces must completely abandon the Donbas region before any cessation of hostilities can begin. The demand, delivered by spokesperson Dmitry Peskov, effectively sets a hard territorial price on the optimistic "20-point" peace framework discussed only hours earlier at Donald Trump’sMar-a-Lago resort. "We are talking
- [The apprentice’s ascent: JD Vance’s five-point blueprint for 2028](https://www.dailynewsegypt.com/2025/12/29/the-apprentices-ascent-jd-vances-five-point-blueprint-for-2028/) - When Erika Kirk took the stage at the Phoenix Convention Centre earlier this month, the atmosphere was less a political summit and more a coronation. Standing before thousands of conservative activists at the annual AmericaFest, the widow of the late Charlie Kirk made a declaration that few in the room doubted: she was ready to
- [Egypt, Lebanon sign deal to supply natural gas to Deir Ammar power plant](https://www.dailynewsegypt.com/2025/12/29/egypt-lebanon-sign-deal-to-supply-natural-gas-to-deir-ammar-power-plant/) - Egypt and Lebanon signed a memorandum of understanding (MoU) on Monday to supply the Deir Ammar power plant with Egyptian natural gas, a move intended to increase electricity generation capacity for Lebanese citizens. The agreement was signed at the Lebanese government headquarters in Beirut by Egyptian Minister of Petroleum and Mineral Resources Karim Badawi and
- [Egypt FM pledges support for African health and pharmaceutical security](https://www.dailynewsegypt.com/2025/12/29/egypt-fm-pledges-support-for-african-health-and-pharmaceutical-security/) - Foreign Minister Badr Abdelatty affirmed Egypt's commitment to strengthening health systems and pharmaceutical security across Africa, offering to transfer the country’s medical expertise and successful healthcare initiatives to fellow African nations. During a meeting on Monday with Jean Kaseya, Director General of the Africa Centres for Disease Control and Prevention (Africa CDC), Abdelatty highlighted health
- [Prime Minister reviews reforms to boost efficiency of state-owned economic authorities](https://www.dailynewsegypt.com/2025/12/29/prime-minister-reviews-reforms-to-boost-efficiency-of-state-owned-economic-authorities/) - Prime Minister Mostafa Madbouly held a meeting on Monday to review measures aimed at enhancing the performance efficiency of state-owned economic authorities, with particular focus on the National Media Authority (NMA), within the framework of the government’s broader structural reform agenda. During the meeting, Madbouly said a specialised committee—known as the Committee for the Reform
- [Egypt, Djibouti explore expanded infrastructure, development cooperation](https://www.dailynewsegypt.com/2025/12/29/egypt-djibouti-explore-expanded-infrastructure-development-cooperation/) - President of Djibouti Ismail Omar Guelleh received Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir, along with a delegation representing leading Egyptian public- and private-sector companies specialising in infrastructure, transport and industrial zone projects. President Guelleh said the visit reflects the deep-rooted and historic ties between Djibouti and
- [Golden Land Development launches EGP 5bn Naseem residential compound in Sheikh Zayed](https://www.dailynewsegypt.com/2025/12/28/golden-land-development-launches-egp-5bn-naseem-residential-compound-in-sheikh-zayed/) - Golden Land Development has launched its first residential project, the Naseem compound, in the Green Revolution area of Sheikh Zayed City, with total investments estimated at EGP 5bn. The project is chaired by Kotb Mokhtar, with executive management led by Mohamed Hamdy, chief executive officer, and Ahmed Abdel Rahman, chief commercial officer. Mokhtar said the
- [Madbouly reviews outcomes of Digital Economy Advisory Committee](https://www.dailynewsegypt.com/2025/12/28/madbouly-reviews-outcomes-of-digital-economy-advisory-committee/) - Prime Minister Mostafa Madbouly met on Sunday with Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat to review the outcomes of the work of the Digital Economy and Entrepreneurship Advisory Committee, as well as the working groups affiliated with the Ministerial Group for Entrepreneurship. During the meeting, the Prime Minister stressed that entrepreneurship
- [Japan provides EGP 1bn grant to Egypt for Suez Canal diving support vessel](https://www.dailynewsegypt.com/2025/12/28/japan-provides-egp-1bn-grant-to-egypt-for-suez-canal-diving-support-vessel/) - Japan will provide an EGP 1bn ($22m) grant to Egypt to build and supply a first-of-its-kind diving support vessel (DSV) for the Suez Canal Authority (SCA) fleet, according to an executive agreement signed on Sunday. The grant, provided through the Japan International Cooperation Agency (JICA), is intended to enhance maritime safety, emergency response, and the
- [CBE, EBI launch ‘Foundations of Fraud Combating’ training programme for banking employees](https://www.dailynewsegypt.com/2025/12/28/cbe-ebi-launch-foundations-of-fraud-combating-training-programme-for-banking-employees/) - As part of ongoing efforts to enhance professional competencies within the banking sector and strengthen resilience against emerging risks, the Central Bank of Egypt (CBE), in cooperation with the Egyptian Banking Institute (EBI), announced the launch of a new training programme titled “Foundations of Fraud Combating.” The programme aims to raise awareness of the latest
- [Gold prices rise by EGP 265 over past week](https://www.dailynewsegypt.com/2025/12/28/gold-prices-rise-by-egp-265-over-past-week/) - The Gold and Precious Metals Division at the Federation of Egyptian Industries announced that gold prices in the local market recorded strong gains over the past week, supported by a historic surge in global gold prices and the relative stability of the US dollar exchange rate against the Egyptian pound. Ehab Wassef, Head of the
- [Minister of Public Enterprises reviews hotel development projects with TMG](https://www.dailynewsegypt.com/2025/12/28/minister-of-public-enterprises-reviews-hotel-development-projects-with-tmg/) - Minister of Public Enterprises Sector Mohamed El-Shimy met with Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding (TMG), and his accompanying delegation at the Ministry’s headquarters in the New Administrative Capital to review the latest developments in joint hotel investment projects. The meeting was held within the framework of the state’s
- [Egypt, Djibouti sign key agreements to boost cooperation in ports, logistics](https://www.dailynewsegypt.com/2025/12/28/egypt-djibouti-sign-key-agreements-to-boost-cooperation-in-ports-logistics/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, oversaw the signing of several major cooperation agreements with Djibouti, marking a significant step forward in Egyptian-Djiboutian collaboration in maritime transport, logistics zones, and green energy. As part of his official visit to Djibouti, Al-Wazir toured the headquarters of the
- [International financial institutions weigh increased investment in Egypt’s water sector](https://www.dailynewsegypt.com/2025/12/28/international-financial-institutions-weigh-increased-investment-in-egypts-water-sector/) - Egypt is seeking to scale up private sector investment and concessional financing for water desalination projects through a coordinated effort with a coalition of international financial institutions, the Minister of Planning, Economic Development and International Cooperation said. During an expanded meeting convened to discuss sustainable infrastructure, Minister Rania Al-Mashat met with representatives from the International
- [Egypt explores localisation of electrical equipment manufacturing with Chinese firms](https://www.dailynewsegypt.com/2025/12/28/egypt-explores-localisation-of-electrical-equipment-manufacturing-with-chinese-firms/) - Mahmoud Essmat, Minister of Electricity and Renewable Energy, concluded his meetings and field visits during his current trip to China with a series of discussions aimed at strengthening cooperation and advancing the localisation of electrical equipment manufacturing in Egypt. The meetings brought together Essmat with Chen Xiaoling, chairperson of the Ancora Group; Chen Xiaoling, chief
- [ACUD launches smart licensing system to streamline urban development in New Capital](https://www.dailynewsegypt.com/2025/12/28/acud-launches-smart-licensing-system-to-streamline-urban-development-in-new-capital/) - The Administrative Capital for Urban Development (ACUD) has announced the completion of the first phase of its smart licensing and ministerial approvals system, marking a major transformation in the review of urban designs and the issuance of construction permits in Egypt’s New Administrative Capital. The new system is designed to simplify procedures, accelerate workflows and
- [Jawad Developments appoints Eltizam Egypt to manage Val Plaza Mall in west Cairo](https://www.dailynewsegypt.com/2025/12/28/jawad-developments-appoints-eltizam-egypt-to-manage-val-plaza-mall-in-west-cairo/) - Jawad Developments has announced a partnership with Eltizam Egypt, a provider of integrated asset and facilities management services, to manage and operate the Val Plaza project in 6th of October City, west Cairo, ahead of the mall’s opening in the first half of next year. Commenting on the agreement, Adel Abdel Jawad, chairperson of Jawad
- [Egypt’s SOKNA turns to private-sector solutions to ease cemetery shortages amid rising demand](https://www.dailynewsegypt.com/2025/12/28/egypts-sokna-turns-to-private-sector-solutions-to-ease-cemetery-shortages-amid-rising-demand/) - Egypt’s private funeral and burial services sector is stepping in to address a growing challenge: an acute shortage of cemeteries in major urban centres. SOKNA, Egypt’s first company to provide organised funeral services, has announced plans to collaborate with the government to modernise the construction and management of cemeteries, offering families a more structured and
- [Madbouly outlines new legislative framework to regulate Egypt’s real estate market](https://www.dailynewsegypt.com/2025/12/28/madbouly-outlines-new-legislative-framework-to-regulate-egypts-real-estate-market/) - Prime Minister Mostafa Madbouly said the government is working on a new legislative and institutional framework to better regulate Egypt’s real estate market, with the aim of enforcing market discipline, protecting citizens’ rights and supporting serious, financially capable developers. Speaking last week, Madbouly said the government, in coordination with the Ministry of Housing and a
- [Egypt to automatically enrol cash support beneficiaries in comprehensive health insurance](https://www.dailynewsegypt.com/2025/12/28/egypt-to-automatically-enrol-cash-support-beneficiaries-in-comprehensive-health-insurance/) - Egypt will automatically register all citizens currently enrolled in state-approved cash and social support programmes, such as Takaful and Karama, into the country’s comprehensive health insurance system, Prime Minister Mostafa Madbouly announced on Sunday. Under the new directive, the Ministry of Social Solidarity is required to provide updated data on eligible individuals to the General
- [Egypt’s food industry exports exceed $6.3bn in 11M 2025](https://www.dailynewsegypt.com/2025/12/28/egypts-food-industry-exports-exceed-6-3bn-in-11m-2025/) - Egypt’s food industries sector recorded its strongest performance to date during the first eleven months of 2025, with export revenues exceeding $6.339bn, up from around $5.632bn in the same period of 2024, according to the Food Export Council (FEC). The increase of $707m represents year-on-year growth of 13%. In a statement, the Council said the performance confirms
- [Egypt’s food industry exports exceed $6.3bn in 11M 2025](https://www.dailynewsegypt.com/2025/12/28/egypts-food-industry-exports-exceed-6-3bn-in-11m-2025/) - Egypt’s food industries sector recorded its strongest performance to date during the first eleven months of 2025, with export revenues exceeding $6.339bn, up from around $5.632bn in the same period of 2024, according to the Food Export Council (FEC). The increase of $707m represents year-on-year growth of 13%. In a statement, the Council said the performance confirms
- [Local Development Minister reviews Aswan’s EGP 52.3m waste projects, Haya Karima progress](https://www.dailynewsegypt.com/2025/12/28/local-development-minister-reviews-aswans-egp-52-3m-waste-projects-haya-karima-progress/) - Egypt has invested EGP 52.3m to develop the solid waste management system in Aswan governorate, Minister of Local Development and Acting Minister of Environment Manal Awad announced on Sunday. The investment includes the completion of a sanitary landfill in Edfu at a cost of EGP 21m and the provision of EGP 15.3m worth of equipment,
- [Three killed in Syria’s coastal region amid Alawite protests for self-determination](https://www.dailynewsegypt.com/2025/12/28/three-killed-in-syrias-coastal-region-amid-alawite-protests-for-self-determination/) - The Syrian army deployed armoured vehicles and tanks to coastal cities on Sunday after protests demanding self-determination turned violent, leaving at least three people dead and 60 others injured in clashes between security forces and demonstrators. The Syrian Ministry of Defence announced it had deployed army units supported by armoured vehicles in the city centres
- [How Should Depositors Invest Their Money After Bank Certificates Mature?](https://www.dailynewsegypt.com/2025/12/27/how-should-depositors-invest-their-money-after-bank-certificates-mature/) - Successful investment is what allows you to sleep peacefully, knowing your money is safe, while real returns are what you actually feel in your pocket when buying your daily needs. As 2026 approaches, many people are asking how they can preserve the value of their savings after the expiry of high-interest bank certificates. Before searching
- [CBE’s 1% rate cut eases financing costs, boosts industry, market confidence](https://www.dailynewsegypt.com/2025/12/27/cbes-1-rate-cut-eases-financing-costs-boosts-industry-market-confidence/) - The Central Bank of Egypt (CBE) announced a 1% cut in its key interest rates last Thursday, marking a significant step towards easing monetary conditions and supporting economic activity amid signs of moderating inflation. The decision was widely welcomed by lawmakers, business leaders and industry experts, who described it as a timely move to stimulate
- [FRA issues model policy for Real Estate Title Insurance in Egypt](https://www.dailynewsegypt.com/2025/12/27/fra-issues-model-policy-for-real-estate-title-insurance-in-egypt/) - The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has announced the issuance of a model insurance policy for Real Estate Title Insurance, enabling insurance companies to provide coverage to property buyers against risks related to the validity of ownership and the emergence of title defects that were unknown at the time of purchase. The
- [Egypt targets 80% debt-to-GDP ratio by June 2026 as external debt falls $4bn](https://www.dailynewsegypt.com/2025/12/27/egypt-targets-80-debt-to-gdp-ratio-by-june-2026-as-external-debt-falls-4bn/) - Egypt aims to reduce its budget debt-to-GDP ratio to 80% by the end of June, Finance Minister Ahmed Kouchouk said on Saturday, as the government continues a fiscal discipline path that has already seen the ratio fall from 96% to 84% over the past two years. Speaking at a salon hosted by the Institute of
- [Netanyahu to meet Trump for Gaza Phase 2 talks amid US frustration over delays](https://www.dailynewsegypt.com/2025/12/27/netanyahu-to-meet-trump-for-gaza-phase-2-talks-amid-us-frustration-over-delays/) - Israeli Prime Minister Benjamin Netanyahu travels to Florida on Sunday for a summit with US President Donald Trump to discuss the second phase of a Gaza ceasefire, amid American frustration that the Israeli leader is slowing the peace process. The meeting, expected Monday afternoon, will focus on the withdrawal of Israeli forces and the establishment
- [Banks in Egypt record net profits of EGP 433.8bn in Q3 2025](https://www.dailynewsegypt.com/2025/12/27/banks-in-egypt-record-net-profits-of-egp-433-8bn-in-q3-2025/) - Banks operating in the Egyptian market recorded net profits of EGP 433.772bn in the third quarter of 2025, up from EGP 274.938bn in the second quarter, according to data released by the Central Bank of Egypt (CBE). In its latest report, the CBE said net interest income at banks reached EGP 766.842bn, while net operating
- [Egyptian market awaits impact of 1% rate cut on savings returns, loans and debt instruments](https://www.dailynewsegypt.com/2025/12/27/egyptian-market-awaits-impact-of-1-rate-cut-on-savings-returns-loans-and-debt-instruments/) - The Egyptian market is awaiting banks’ return to business, Sunday, following the weekend break, to assess the impact of the Central Bank of Egypt’s (CBE) decision last Thursday to cut interest rates by 1% on returns from savings products and the cost of borrowing. The Monetary Policy Committee (MPC) of the CBE decided to reduce
- [Egypt launches solar power plant in Djibouti, expanding renewable energy cooperation](https://www.dailynewsegypt.com/2025/12/27/egypt-launches-solar-power-plant-in-djibouti-expanding-renewable-energy-cooperation/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, inaugurated a new solar power plant in Omar Jagaa village in Djibouti’s Arta region, marking a further step in strengthening bilateral cooperation between the two countries. The inauguration ceremony was attended by Djibouti’s Minister of Energy and Natural Resources, Minister
- [EGP 25bn project launched to supply electricity to one million feddans in West Minya Plain](https://www.dailynewsegypt.com/2025/12/27/egp-25bn-project-launched-to-supply-electricity-to-one-million-feddans-in-west-minya-plain/) - The Egyptian Countryside Development Company has announced the launch of a major project to construct extra-high-voltage and high-voltage power stations and feeder lines, in coordination with the Egyptian Electricity Transmission Company, an affiliate of the Ministry of Electricity and Renewable Energy. The move represents a new step in supporting efforts to develop and reclaim lands
- [From shield to showcase: Egypt’s military envoys briefed on 2026 economic ‘turning point’](https://www.dailynewsegypt.com/2025/12/27/from-shield-to-showcase-egypts-military-envoys-briefed-on-2026-economic-turning-point/) - In a room filled with the nation’s newly designated military attachés, the talk was not of ballistics or borders, but of textiles, tech hubs, and the price of global trade. Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation, stood before the officers with a directive that extended beyond traditional diplomacy: to
- [United Bank ranks seventh among top low-income housing financiers in November 2025](https://www.dailynewsegypt.com/2025/12/27/united-bank-ranks-seventh-among-top-low-income-housing-financiers-in-november-2025/) - United Bank has risen to become the seventh-largest provider of mortgage finance under the low-income housing initiative, with a portfolio worth EGP 2.459bn, according to data released by the Social Housing and Mortgage Finance Fund as at the end of November 2025. The portfolio represents a 2.8% share of total mortgage financing directed to low-
- [1% interest-rate cut appropriate to sustain disinflation path: CBE](https://www.dailynewsegypt.com/2025/12/27/1-interest-rate-cut-appropriate-to-sustain-disinflation-path-cbe/) - The Central Bank of Egypt (CBE) said a 1% cut in interest rates is appropriate to maintain a monetary policy stance that anchors inflation expectations and supports the continued downward trajectory of inflation. On Thursday evening, the Monetary Policy Committee (MPC) decided to cut the Bank’s key policy rates—which serve as the main benchmark for
- [Egypt leads regional condemnation of Israel’s recognition of breakaway Somaliland](https://www.dailynewsegypt.com/2025/12/27/egypt-leads-regional-condemnation-of-israels-recognition-of-breakaway-somaliland/) - Egypt has issued a formal condemnation of Israel’s unilateral recognition of the breakaway region of Somaliland, warning that the move constitutes a flagrant violation of international law and threatens the stability of the Horn of Africa. In a press statement released on Saturday, the Egyptian Ministry of Foreign Affairs reaffirmed its "total rejection" of unilateral
- [Egyptian, Norwegian FMs call for Gaza ceasefire stability, transition to Trump plan phase two](https://www.dailynewsegypt.com/2025/12/27/egyptian-norwegian-fms-call-for-gaza-ceasefire-stability-transition-to-trump-plan-phase-two/) - Egypt’s Foreign Minister Badr Abdelatty emphasised the need for international efforts to stabilise the Gaza ceasefire and transition to the second phase of the "Trump plan" during a phone call with Norwegian Foreign Minister Espen Barth Eide on Saturday. Abdelatty rejected any practices intended to undermine the unity of Palestinian territories or impose new realities
- [Madinet Masr signs EGP 1.45bn MoU with Forward Contractors for Sarai construction works](https://www.dailynewsegypt.com/2025/12/24/madinet-masr-signs-egp-1-45bn-mou-with-forward-contractors-for-sarai-construction-works/) - Madinet Masr has signed a memorandum of understanding (MoU) with Forward Contractors to execute construction works worth EGP 1.45bn at Sarai, the company’s mixed-use development in East Cairo. The partnership forms part of Madinet Masr’s growth strategy to expand its residential offerings, develop its land portfolio and accelerate project delivery while adhering to the latest
- [Egypt’s engineering exports reach record $5.9bn for first time](https://www.dailynewsegypt.com/2025/12/24/egypts-engineering-exports-reach-record-5-9bn-for-first-time/) - Egypt’s engineering exports maintained strong momentum in 2025, reaching a record $5.93bn during the first 11 months of the year—the highest level ever recorded—according to the Engineering Export Council of Egypt (EEC). The council said engineering exports grew by 13.9% year-on-year between January and November 2025, up from $5.20bn during the same period in 2024,
- [Health Ministry, Veterinarians’ Syndicate discuss training, law amendments, veterinary drugs](https://www.dailynewsegypt.com/2025/12/24/health-ministry-veterinarians-syndicate-discuss-training-law-amendments-veterinary-drugs/) - Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, met with Magdy Hassan, head of the General Syndicate of Veterinarians, to discuss several shared priorities, including professional training, proposed amendments to the veterinary practice law, and challenges facing the veterinary medicines market, the ministry said on Wednesday. Ministry spokesperson Hossam Abdel Ghaffar stated that the
- [Egypt’s Agricultural Research Centre ranks second in 2025 regional Scimago table](https://www.dailynewsegypt.com/2025/12/24/egypts-agricultural-research-centre-ranks-second-in-2025-regional-scimago-table/) - Egypt’s Agricultural Research Centre has secured second place in the Middle East and North Africa in the 2025 Scimago regional rankings for research centres, the Ministry of Agriculture and Land Reclamation said on Wednesday. The announcement was made during a scientific event organised by the Ministry of Higher Education and Scientific Research in collaboration with
- [Egypt launches Sharm El-Sheikh sustainable development strategy to advance green transition](https://www.dailynewsegypt.com/2025/12/24/egypt-launches-sharm-el-sheikh-sustainable-development-strategy-to-advance-green-transition/) - Egypt’s Acting Minister of Environment Manal Awad on Wednesday announced the official launch of the Sharm El-Sheikh Sustainable Development Strategy (SESSDS), aimed at supporting the Red Sea resort city’s transition into a green, resilient and sustainable destination. The strategy was launched in cooperation with South Sinai Governorate and the Green Sharm El-Sheikh project under the
- [Egyptian cabinet approves tougher traffic law penalties to improve road safety](https://www.dailynewsegypt.com/2025/12/24/egyptian-cabinet-approves-tougher-traffic-law-penalties-to-improve-road-safety/) - At its 72nd meeting, chaired by Prime Minister Mostafa Madbouly, the Egyptian Cabinet approved a package of key decisions spanning traffic regulation, healthcare, infrastructure development, vocational training, and economic reform. The Cabinet endorsed amendments to Traffic Law No. 66 of 1973, introducing stricter penalties for selected violations to enhance public safety and curb road accidents.
- [Gaza ceasefire under strain amid regional diplomacy, renewed Israeli threats](https://www.dailynewsegypt.com/2025/12/24/gaza-ceasefire-under-strain-amid-regional-diplomacy-renewed-israeli-threats/) - Tensions surrounding the Gaza ceasefire escalated on Wednesday as Israel and Hamas exchanged accusations of violations, while regional and international actors intensified diplomatic, political, and legal engagement related to the conflict. Hamas said a senior delegation led by Khalil Al-Hayya met Turkish Foreign Minister Hakan Fidan in Ankara to discuss implementation of the ceasefire agreement
- [Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive](https://www.dailynewsegypt.com/2025/12/24/egypt-completes-restoration-of-43-historical-agreements-13-maps-for-foreign-ministry-archive/) - Egypt’s Culture Minister Ahmed Fouad Hano has delivered 13 maps, 22 documents, and 43 historical agreements to Foreign Minister Badr Abdelatty following their restoration by the National Library and Archives. The handover represents the completion of the first and second phases of a restoration project for documents belonging to the Ministry of Foreign Affairs, Emigration
- [Egypt’s Planning Minister commends outgoing South Korean Ambassador as cooperation portfolio hits $1.3bn](https://www.dailynewsegypt.com/2025/12/24/egypts-planning-minister-commends-outgoing-south-korean-ambassador-as-cooperation-portfolio-hits-1-3bn/) - South Korea’s concessional financing portfolio in Egypt reached $1.3bn in 2025, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Wednesday. The figure was disclosed during a meeting between Al-Mashat and the outgoing South Korean Ambassador to Cairo, Kim Young-hyun, to mark the conclusion of his tenure. Al-Mashat attributed the growth in
- [Egypt intensifies tax, customs support for tourism sector through joint committees](https://www.dailynewsegypt.com/2025/12/24/egypt-intensifies-tax-customs-support-for-tourism-sector-through-joint-committees/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority, said the Ministry of Finance and the Authority are giving special attention to the tourism sector, describing it as a vital contributor to national income that receives targeted support to help resolve its challenges. Speaking at the Tourism Salon seminar organised by the Tourism Committee of
- [Marriott-managed complex at Egypt's former interior ministry to create 13,000 jobs](https://www.dailynewsegypt.com/2025/12/24/marriott-managed-complex-at-egypts-former-interior-ministry-to-create-13000-jobs/) - The redevelopment of Egypt’s former Ministry of Interior headquarters in Cairo’s Lazoghli district into a mixed-use complex is scheduled for completion in the first half of 2027, Minister of Investment and Foreign Trade Hassan El Khatib said on Wednesday. The project, which is being developed by Reliance Real Estate Development in partnership with the Sovereign
- [Non-bank financing in Egypt surpasses EGP 1trn for first time, FRA data shows](https://www.dailynewsegypt.com/2025/12/24/non-bank-financing-in-egypt-surpasses-egp-1trn-for-first-time-fra-data-shows/) - Non-bank financing granted by entities supervised by Egypt’s Financial Regulatory Authority (FRA) exceeded EGP 1trn for the first time, reaching EGP 1.1trn during the first ten months of 2025, the regulator said in a statement. The total reflects a 54.6% growth in financing granted between January and October 2025 compared to the same period in
- [Strong expectations of interest-rate cut at CBE’s year-end meeting](https://www.dailynewsegypt.com/2025/12/24/strong-expectations-of-interest-rate-cut-at-cbes-year-end-meeting/) - The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its final meeting of 2025 on Thursday, amid strong market expectations that it will cut key policy interest rates. The MPC will decide on the fate of the CBE’s benchmark rates, which guide short-term interest-rate movements on the Egyptian
- [TMG nears completion of Phase 1 concrete works at SouthMed project](https://www.dailynewsegypt.com/2025/12/24/tmg-nears-completion-of-phase-1-concrete-works-at-southmed-project/) - Talaat Moustafa Group (TMG) is nearing the completion of all concrete works for the first phase of its SouthMed project on Egypt’s Northwest Coast, the developer announced on Wednesday. Construction is progressing at the site in line with established schedules for unit delivery, the company said in a statement. The developer added that the works
- [“Al-Sett”: An Artistic Crime against Umm Kulthum and a Deliberate Distortion of Egypt’s Greatest Icon](https://www.dailynewsegypt.com/2025/12/24/al-sett-an-artistic-crime-against-umm-kulthum-and-a-deliberate-distortion-of-egypts-greatest-icon/) - In an unforgivable cinematic debacle, the film “Al-Sett”–directed by Marwan Hamed, written by Ahmed Mourad, and starring Mona Zaki–desecrates the legacy of Kawkab Al-Sharq Umm Kulthum, the eternal national and artistic symbol of Egypt and the Arab world. What should have been a reverent tribute to the greatest voice in Arab history has instead emerged
- [Egypt reaches staff-level agreement with IMF on fifth and sixth reviews](https://www.dailynewsegypt.com/2025/12/24/egypt-reaches-staff-level-agreement-with-imf-on-fifth-and-sixth-reviews/) - Egypt has reached a staff-level agreement with the International Monetary Fund (IMF) for the fifth and sixth reviews of its economic reform programme, Prime Minister Mostafa Madbouly said on Wednesday. Speaking during a weekly press conference at the government headquarters in the New Administrative Capital, Madbouly stated that the Egyptian economy has achieved noticeable growth
- [Quantum Investment BV raises stake in Edita Food Industries in EGP 1.26bn block trade](https://www.dailynewsegypt.com/2025/12/23/quantum-investment-bv-raises-stake-in-edita-food-industries-in-egp-1-26bn-block-trade/) - Quantum Investment BV has increased its stake in Edita Food Industries through a block trade valued at EGP 1.26bn, reinforcing investor confidence in the company and in Egypt’s capital markets. Edita Food Industries announced that Quantum Investment BV, one of its main shareholders, acquired 51.47 million shares at a price of EGP 24.50 per share.
- [Turkey’s Erdogan to visit Egypt in early 2026 as Cairo pushes for Palestinian technocratic committee](https://www.dailynewsegypt.com/2025/12/23/turkeys-erdogan-to-visit-egypt-in-early-2026-as-cairo-pushes-for-palestinian-technocratic-committee/) - Turkish President Tayyip Erdogan is scheduled to visit Egypt in the first quarter of 2026 to chair the second meeting of the High-Level Strategic Cooperation Council, Egypt’s foreign ministry said on Tuesday, following diplomatic talks that also prioritised a proposal for a temporary Palestinian administrative body in Gaza. Foreign Minister Badr Abdelatty held separate telephone
- [Al-Sisi reconstitutes CBE board, renews Hassan Abdallah’s chairmanship](https://www.dailynewsegypt.com/2025/12/23/al-sisi-reconstitutes-cbe-board-renews-hassan-abdallahs-chairmanship/) - President Abdel Fattah Al-Sisi has issued Presidential Decree No. 733 of 2025, reconstituting the Board of Directors of the Central Bank of Egypt (CBE) and renewing the appointment of Hassan Abdallah as Chairman for an additional one-year term. Under the new formation, the Board includes Rami Abou El-Naga and Tarek El-Khouly as Deputy Governors of
- [Gaza death toll rises as health crisis deepens, Israel’s ceasefire violations continue](https://www.dailynewsegypt.com/2025/12/23/gaza-death-toll-rises-as-health-crisis-deepens-israels-ceasefire-violations-continue/) - Gaza’s Health Ministry said on Tuesday that five people were killed over the past 24 hours, including one newly reported fatality, while three others were wounded, as the enclave continues to face severe humanitarian conditions despite an ongoing ceasefire. According to the ministry, since the ceasefire came into effect, 406 people have been killed and
- [Suez Canal expects return to normal traffic by mid-2026 as Maersk, CMA CGM return](https://www.dailynewsegypt.com/2025/12/23/suez-canal-expects-return-to-normal-traffic-by-mid-2026-as-maersk-cma-cgm-return/) - Major shipping lines have begun returning to the Suez Canal, Suez Canal Authority (SCA) Chairperson Osama Rabie said on Tuesday, as the waterway recorded the transit of one of the world's largest container ships for the first time in two years. The transit of the LNG-powered CMA CGM Jacques Saade from the north, travelling from
- [MSMEDA coordinates national efforts to support innovators, start-ups: Rahmy](https://www.dailynewsegypt.com/2025/12/23/msmeda-coordinates-national-efforts-to-support-innovators-start-ups-rahmy/) - Basel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), affirmed that the Agency is intensifying coordination with all relevant stakeholders to ensure that innovators and start-ups receive comprehensive support. This includes cooperation with government entities, civil society organisations, research centres, universities, the private sector, and international institutions to provide
- [ETA continues to upgrade services, expand engagement with business community: Director](https://www.dailynewsegypt.com/2025/12/23/eta-continues-to-upgrade-services-expand-engagement-with-business-community-director/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), said the Authority is continuing to develop its services and expand communication channels with the business community as part of efforts to ensure tax stability and support economic development. In a statement issued on Tuesday, Abdel Aal said the second package of tax facilitations reflects
- [Egypt, Spain discuss cooperation on migration health, rare diseases](https://www.dailynewsegypt.com/2025/12/23/egypt-spain-discuss-cooperation-on-migration-health-rare-diseases/) - Egypt’s Health Minister Khaled Abdel Ghaffar held a video call with Spain’s Health Minister Mónica García to discuss expanding bilateral health cooperation and strengthening coordination on issues of mutual interest, Egypt’s health ministry said in a statement on Tuesday. Abdel Ghaffar said the meeting provided an opportunity to deepen the partnership between Egypt and Spain
- [Egypt, FAO discuss new climate adaptation, sustainable agriculture projects](https://www.dailynewsegypt.com/2025/12/23/egypt-fao-discuss-new-climate-adaptation-sustainable-agriculture-projects/) - Egypt’s Acting Minister of Environment, Manal Awad, met officials from the Food and Agriculture Organization of the United Nations (FAO) to discuss expanding cooperation and launching new projects focused on climate adaptation, sustainable agriculture and ecosystem protection, the environment ministry said in a statement on Tuesday. Awad said Egypt’s partnership with the FAO includes several
- [Egypt’s "Decent Life" initiative targets EGP 4.7bn investment for sewage, health in Al-Saff and Atfih](https://www.dailynewsegypt.com/2025/12/23/egypts-decent-life-initiative-targets-egp-4-7bn-investment-for-sewage-health-in-al-saff-and-atfih/) - Infrastructure and service projects totalling 70 across Giza’s Atfih and Al-Saff districts have reached a combined investment of EGP 4.7bn, Housing Minister Sherif El-Sherbiny announced during a prime ministerial tour on Tuesday. The projects, part of the "Decent Life" (Haya Karima) presidential initiative, aim to provide a significant shift in water, sewage, and basic service
- [Opinion | Finland: A State That Invested in People](https://www.dailynewsegypt.com/2025/12/23/opinion-finland-a-state-that-invested-in-people/) - Europe offers more than one model worthy of attention, and Finland stands out as a particularly revealing case. It is rarely invoked as a loud country or a traditional power, but rather as a quiet example of a state that understood early on that real investment lies not in hard resources, but in people, their
- [Opinion | Egypt’s Red Lines in Sudan](https://www.dailynewsegypt.com/2025/12/23/opinion-egypts-red-lines-in-sudan/) - What is unfolding in Sudan amounts to the suicide of all values and norms traditionally associated with the very concept of the state, whether in peace or in war. Regrettably, this scene has been repeatedly reenacted across the Arab region in recent years. The stability and peace of any state rest on three fundamental pillars:
- [Electricity Minister explores mining, technology cooperation with China’s NORINCO](https://www.dailynewsegypt.com/2025/12/23/electricity-minister-explores-mining-technology-cooperation-with-chinas-norinco/) - Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with Cheng Defang, Chairperson of China North Industries Group Corporation (NORINCO), at the outset of his visit to Beijing to discuss prospects for cooperation in exploration, mining and advanced manufacturing. NORINCO operates across several strategic sectors, including defence industries, oil and minerals, international engineering, specialised civil
- [CBE hosts Bank of Tanzania delegation for business continuity management exchange](https://www.dailynewsegypt.com/2025/12/23/cbe-hosts-bank-of-tanzania-delegation-for-business-continuity-management-exchange/) - In line with its commitment to strengthening cooperation with African central banks, the Central Bank of Egypt (CBE) hosted a delegation from the Bank of Tanzania to review best practices in business continuity, as part of an expertise-exchange programme. During the five-day visit, the Tanzanian delegation, comprising planning and management experts, gained insight into Egypt’s
- [Egypt, Oman eye deeper industrial integration through Sohar Port](https://www.dailynewsegypt.com/2025/12/23/egypt-oman-eye-deeper-industrial-integration-through-sohar-port/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, alongside Oman’s Minister of Commerce, Industry and Investment Promotion, Qais bin Mohammed Al Yousef, visited Sohar Port and Freezone to review the area’s industrial and logistics capabilities. During the visit, Omani officials presented an overview of the Sohar Freezone, which
- [Egypt, Armenia sign cooperation protocol to expand trade and investment](https://www.dailynewsegypt.com/2025/12/23/egypt-armenia-sign-cooperation-protocol-to-expand-trade-and-investment/) - Egypt and Armenia signed a cooperation protocol on Tuesday to expand bilateral ties across trade, investment, industry, and energy, marking a new phase in economic relations between the two nations. The agreement was signed at the conclusion of the 6th session of the Egyptian-Armenian Joint Committee for Economic, Scientific, and Technical Cooperation, co-chaired in the
- [Three Chinese firms to invest $1.15bn in Egypt’s Sokhna industrial zone](https://www.dailynewsegypt.com/2025/12/23/three-chinese-firms-to-invest-1-15bn-in-egypts-sokhna-industrial-zone/) - Egypt signed contracts for three industrial projects in the Suez Canal Economic Zone (SCZONE) worth $1.15bn, bringing total investment in the zone to $5.1bn for the first half of the 2025/26 fiscal year(FY). The total investment attracted in the last six months has already surpassed the $4.6bn recorded during the entire FY2024/25, SCZONE Chairperson Walid
- [Egypt signs EGP 500m deal with Titan to build three waste treatment facilities in Sharqeya](https://www.dailynewsegypt.com/2025/12/22/egypt-signs-egp-500m-deal-with-titan-to-build-three-waste-treatment-facilities-in-sharqeya/) - Egypt’s Acting Minister of Environment Manal Awad and Sharqeya Governor Hazem Al-Ashmouny on Monday witnessed the signing of a contract between Sharqeya and Gaia Titan, the green energy arm of Titan Cement, to establish and operate three municipal solid waste treatment facilities in the governorate, according to an official statement. The agreement covers the construction
- [Egypt opens doors to investment with competitive advantages, investor-friendly climate: Finance Minister](https://www.dailynewsegypt.com/2025/12/22/egypt-opens-doors-to-investment-with-competitive-advantages-investor-friendly-climate-finance-minister/) - Egypt is opening its doors to increased investment inflows, supported by strong competitive advantages and an enabling, attractive business environment, Minister of Finance Ahmed Kouchouk said. Speaking at a meeting of the Council of the Union of Arab Chambers of Commerce, Industry and Agriculture, Kouchouk said that the government’s tax and customs facilitation initiatives are
- [Gaza death toll rises amid mounting warnings over humanitarian conditions](https://www.dailynewsegypt.com/2025/12/22/gaza-death-toll-rises-amid-mounting-warnings-over-humanitarian-conditions/) - Gaza’s humanitarian crisis deepened on Monday as authorities reported rising fatalities from the Israeli aggression and aid groups warned that new Israeli restrictions could cut off life-saving assistance to hundreds of thousands of people. Gaza’s health ministry said 12 Palestinians, including four newly reported deaths, were brought to hospitals over the past 48 hours, along
- [Egyptian medical convoy arrives in Sudan to support healthcare sector amid facility damage](https://www.dailynewsegypt.com/2025/12/22/egyptian-medical-convoy-arrives-in-sudan-to-support-healthcare-sector-amid-facility-damage/) - Egypt has deployed a specialised medical convoy of 13 senior consultants to Port Sudan to provide free surgical treatment and bolster healthcare services, the Egyptian Agency of Partnership for Development announced. The mission, which is operating from Dec. 20 to Dec. 27, includes specialists in neurosurgery, general surgery, spinal surgery, plastic and reconstructive surgery, thyroid
- [Egypt’s Prime Minister orders faster health insurance rollout and new mining investment push](https://www.dailynewsegypt.com/2025/12/22/egypts-prime-minister-orders-faster-health-insurance-rollout-and-new-mining-investment-push/) - Prime Minister Mostafa Madbouly has ordered the acceleration of Egypt's Universal Health Insurance (UHI) system across all regions, targeting the inclusion of five provinces in its second phase, the cabinet said in a statement on Monday. During a meeting in the New Administrative Capital, Madbouly stated that President Abdel Fattah al-Sisi has directed the government
- [Main Development Company signs EGP 1bn deal for West Qantara industrial site](https://www.dailynewsegypt.com/2025/12/22/main-development-company-signs-egp-1bn-deal-for-west-qantara-industrial-site/) - The Suez Canal Economic Zone (SCZONE) signed a EGP 1bn usufruct contract on Monday with the Main Development Company (MDC) to develop pre-built factories in the West Qantara industrial zone. The project involves the development of a total area of 200,000 square metres to create ready-to-operate facilities for investors. The construction is scheduled for completion
- [Egypt discusses support for drugmakers, vaccine localisation, and biotech development](https://www.dailynewsegypt.com/2025/12/22/egypt-discusses-support-for-drugmakers-vaccine-localisation-and-biotech-development/) - Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, held an expanded meeting on Monday with representatives of relevant state bodies to discuss ways to support and empower pharmaceutical manufacturers and to draft a comprehensive policy framework aimed at boosting local production and localising biopharmaceutical and biological products, the Ministry of Health said. The meeting
- [Agriculture Minister discusses boosting bilateral cooperation with Armenia](https://www.dailynewsegypt.com/2025/12/22/agriculture-minister-discusses-boosting-bilateral-cooperation-with-armenia/) - Alaa Farouk, Minister of Agriculture and Land Reclamation, met with Gevorg Papoyan, Minister of Economy of Armenia, and his accompanying delegation to explore ways of strengthening bilateral cooperation between the two countries across a range of agricultural sectors. The meeting took place within the framework of Egypt’s efforts to broaden its international partnerships and was
- [Egypt’s digital exports reach $7.4bn over seven years: Communications Minister](https://www.dailynewsegypt.com/2025/12/22/egypts-digital-exports-reach-7-4bn-over-seven-years-communications-minister/) - Egypt’s digital exports reached $7.4bn over the past seven years, marking a 124% increase from $3.3bn in 2018, Minister of Communications and Information Technology Amr Talaat said, noting the sustained expansion of the communications and information technology (ICT) sector. Speaking at the monthly meeting of the American Chamber of Commerce in Egypt, Talaat said the
- [Public Enterprises Minister explores investment, tourism cooperation with India](https://www.dailynewsegypt.com/2025/12/22/public-enterprises-minister-explores-investment-tourism-cooperation-with-india/) - Mohamed El-Shimy, Minister of Public Enterprises, held talks with Suresh K. Reddy, India’s Ambassador to Egypt, and Puneet Chhatwal, Chief Executive Officer of Indian Hotels Company Limited (IHCL), owner of the global luxury hotel brand Taj and a subsidiary of India’s Tata Group, alongside their accompanying delegation. During the meeting, El-Shimy emphasised the depth and
- [Iraqi investments in Egypt reach $553.6m in February 2025: ECS](https://www.dailynewsegypt.com/2025/12/22/iraqi-investments-in-egypt-reach-553-6m-in-february-2025-ecs/) - Trade and investment relations between Egypt and Iraq continue to gain momentum, reflecting the depth of economic ties between the two countries, according to the Egyptian Commercial Service (ECS). Total bilateral trade between Egypt and Iraq reached approximately $1.1bn in 2024, marking a 26.1% increase compared with 2023. Egyptian exports to the Iraqi market amounted
- [Egypt’s SCZONE signs $8m food production deal for Sokhna industrial zone](https://www.dailynewsegypt.com/2025/12/22/egypts-sczone-signs-8m-food-production-deal-for-sokhna-industrial-zone/) - Pitcairn Food Industries has signed a contract to establish an $8 million (approximately EGP 400m) production facility in the Sokhna Industrial Zone, the Suez Canal Economic Zone (SCZONE) said in a statement on Monday. The project, which will be located on 10,000 square metres within the Main Development Company (MDC) developer area, is expected to
- [Egypt, Oman discuss establishing integrated industrial projects](https://www.dailynewsegypt.com/2025/12/22/egypt-oman-discuss-establishing-integrated-industrial-projects/) - Egypt and Oman have discussed ways to strengthen bilateral economic cooperation, with a focus on establishing integrated industrial projects, developing industrial zones, and enhancing maritime connectivity. Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Oman’s Minister of Commerce, Industry and Investment Promotion, Qais bin Mohammed Al
- [Breaking the Taboo: Japan’s Nuclear Debate Stirs Old Ghosts in East Asia](https://www.dailynewsegypt.com/2025/12/22/breaking-the-taboo-japans-nuclear-debate-stirs-old-ghosts-in-east-asia/) - For nearly six decades, Japan’s national identity has been anchored by a singular, painful distinction: as the only nation to have suffered a nuclear attack, it pledged never to possess, produce, or permit the entry of atomic weapons. But on a Sunday morning broadcast of the national broadcaster NHK, that long-standing taboo was publicly interrogated,
- [Egypt’s Military Production Ministry revenues reach 129% of targets with 32% growth rate](https://www.dailynewsegypt.com/2025/12/22/egypts-military-production-ministry-revenues-reach-129-of-targets-with-32-growth-rate/) - Egypt’s Ministry of Military Production achieved a 32 per cent growth rate in the 2024/2025 fiscal year, with revenues reaching 129 per cent of approved targets, Minister of State for Military Production Mohamed Salah announced on Monday. Presiding over the General Assembly meetings of the ministry’s subsidiary companies and units, Salah said the sector had
- [Shadows over the Sunshine State: Miami talks peel back the layers of Ukraine’s peace puzzle](https://www.dailynewsegypt.com/2025/12/22/shadows-over-the-sunshine-state-miami-talks-peel-back-the-layers-of-ukraines-peace-puzzle/) - Beneath the Florida sun, far from the frozen trenches and drone-shadowed ruins of eastern Ukraine, the outlines of a possible endgame are beginning to sharpen. In a series of high-stakes meetings in Miami, American, Russian, and Ukrainian envoys have spent the last few days dissecting the anatomy of a conflict that has redefined global security,
- [Egypt, Gambia discuss opening first Egyptian medical centre in Banjul](https://www.dailynewsegypt.com/2025/12/22/egypt-gambia-discuss-opening-first-egyptian-medical-centre-in-banjul/) - Egyptian Health Minister Khaled Abdel Ghaffar met his Gambian counterpart, Ahmadu Lamin Samateh, on Sunday to discuss expanding bilateral health cooperation, with a focus on establishing Egypt’s first medical centre in Banjul — also the first Egyptian-run facility of its kind in West Africa — according to Egypt’s health ministry. Ministry spokesperson Hossam Abdel Ghaffar
- [Five killed in Gaza house collapse amid Israeli attacks, worsening humanitarian crisis](https://www.dailynewsegypt.com/2025/12/21/five-killed-in-gaza-house-collapse-amid-israeli-attacks-worsening-humanitarian-crisis/) - Five Palestinians, including women and children, were killed and others injured when a house collapsed in the Sheikh Radwan neighbourhood of northern Gaza City, according to Gaza’s Civil Defence, highlighting the deteriorating humanitarian situation in the enclave. Civil Defence spokesperson Mahmoud Basal said the house had been damaged in an earlier Israeli strike during the
- [India's Taj brand enters Egypt to operate Cairo’s historic Continental Hotel](https://www.dailynewsegypt.com/2025/12/21/indias-taj-brand-enters-egypt-to-operate-cairos-historic-continental-hotel/) - India’s Taj Hotels will enter the Egyptian market for the first time to manage and operate Cairo’s historic Continental Hotel under an agreement signed on Sunday, marking a strategic step to revive the 19th-century landmark. The contract was signed at the government headquarters in the New Cairo City by Hisham El-Demiri, Executive Managing Director of
- [Remittances from Egyptians abroad hit $33.9bn in 10M of 2025: CBE](https://www.dailynewsegypt.com/2025/12/21/remittances-from-egyptians-abroad-hit-33-9bn-in-10m-of-2025-cbe/) - Remittances from Egyptians working abroad recorded unprecedented inflows during the first 10 months of 2025, reaching approximately $33.9bn, compared with around $23.7bn in the same period of the previous year, the Central Bank of Egypt (CBE) announced on Sunday. On a monthly basis, remittances rose by 26.2% year-on-year in October, reaching about $3.7bn, up from
- [From Zambia to Tunisia: African neurologists chart renaissance despite chronic underfunding](https://www.dailynewsegypt.com/2025/12/21/from-zambia-to-tunisia-african-neurologists-chart-renaissance-despite-chronic-underfunding/) - When the World Health Organization released its first Global Report on Neurology 2025, the findings were stark: an estimated 3.4 billion people—around 42% of the world’s population—were found to be living with at least one neurological disorder, with diseases of the brain and nervous system identified as the leading global cause of illness and disability.
- [Sovereignty and synergy: Egypt maps a new path for African integration](https://www.dailynewsegypt.com/2025/12/21/sovereignty-and-synergy-egypt-maps-a-new-path-for-african-integration/) - In the quiet corners of the Russian-African Ministerial Conference this weekend, the traditional image of Egyptian diplomacy—often focused narrow-mindedly on the Nile—gave way to something far more expansive. Whether discussing renewable energy tenders in South Africa or the first shipment of medical equipment to a new heart centre in Kigali, Cairo is signaling that its
- [CBE hosts seminar on regulatory developments with African central banks](https://www.dailynewsegypt.com/2025/12/21/cbe-hosts-seminar-on-regulatory-developments-with-african-central-banks/) - The Central Bank of Egypt (CBE) recently organized a seminar on “Current and Emerging Regulatory Developments”, attended by representatives from approximately 23 African central banks, members of the Association of African Central Banks (AACB). The event underscores Egypt’s leading role in fostering cooperation and knowledge exchange among African financial institutions. The seminar focused on priority
- [Egypt jumps 47 places in World Bank’s Digital Government Index, ranks 22nd globally](https://www.dailynewsegypt.com/2025/12/21/egypt-jumps-47-places-in-world-banks-digital-government-index-ranks-22nd-globally/) - Egypt has climbed 47 places in the World Bank’s 2025 Digital Government Maturity Index, ranking 22nd globally and consolidating its position among the world’s leading digital governments in Category (A), the index’s highest tier. Egypt achieved a maturity score of 0.911 out of 1, a marked improvement from its 69th-place ranking and score of 0.751
- [Egypt, UAE explore expanded cooperation in civil aviation](https://www.dailynewsegypt.com/2025/12/21/egypt-uae-explore-expanded-cooperation-in-civil-aviation/) - Egypt’s Minister of Civil Aviation, Sameh Elhefny, received on Sunday Hamad Obaid Al-Zaabi, the newly appointed Ambassador of the United Arab Emirates (UAE) to Egypt, at the ministry’s headquarters to discuss ways to strengthen bilateral cooperation in the civil aviation sector. Elhefny welcomed the UAE ambassador and wished him success in his new role, underscoring
- [Investment Minister explores sustainable energy cooperation with US-based Power Edison](https://www.dailynewsegypt.com/2025/12/21/investment-minister-explores-sustainable-energy-cooperation-with-us-based-power-edison/) - Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, met with Shihab Kuran, Founder and CEO of the US-based company Power Edison, to discuss potential collaboration in sustainable energy solutions. The meeting was also attended by Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). During the meeting, El-Khatib emphasized Egypt’s
- [Egypt taps private sector to manage state textile plants following multi-billion EGP investment](https://www.dailynewsegypt.com/2025/12/21/egypt-taps-private-sector-to-manage-state-textile-plants-following-multi-billion-egp-investment/) - Egypt is enlisting private sector firms to manage and operate state-owned textile factories following the expenditure of billions of Egyptian pounds on development projects, Prime Minister Mostafa Madbouly said on Sunday. Madbouly stated during a meeting at the government headquarters in the New Administrative Capital that the move aims to preserve injected investments, govern management
- [ZAYA Developments launches HOM residential project in 6th of October City](https://www.dailynewsegypt.com/2025/12/21/zaya-developments-launches-hom-residential-project-in-6th-of-october-city/) - ZAYA Developments has officially launched its new residential project, HOM, in 6th of October City, as part of the company’s expansion strategy in West Cairo. The HOM development spans 24 feddans and will deliver approximately 400 residential units in its first phase, with unit sizes ranging from 60 to 170 square meters. ZAYA is targeting
- [HDP signs agreement with EPower to operate electricity, water networks across its projects](https://www.dailynewsegypt.com/2025/12/21/hdp-signs-agreement-with-epower-to-operate-electricity-water-networks-across-its-projects/) - Housing and Development Properties (HDP), the real estate arm of Housing & Development Bank, has signed a cooperation agreement with EPower to manage, operate, and maintain electricity and water networks across several of its residential developments. The agreement aims to ensure the efficient operation of utility infrastructure and enhance service continuity across HDP’s projects. Under
- [MADKOUR Developments enters Egyptian market with first project in New Capital](https://www.dailynewsegypt.com/2025/12/21/madkour-developments-enters-egyptian-market-with-first-project-in-new-capital/) - Building on the extensive experience of MADKOUR Holding in delivering national infrastructure projects, MADKOUR Developments has officially entered Egypt’s real estate market with the launch of its first project in the New Administrative Capital, aligning with the state’s broader urban development strategy. Hesham Madkour, Vice President of MADKOUR Holding, said the group’s long-standing commitment to
- [Al Oula signs cooperation protocol with Housing Ministry to bridge financing gap for mid-income units](https://www.dailynewsegypt.com/2025/12/21/al-oula-signs-cooperation-protocol-with-housing-ministry-to-bridge-financing-gap-for-mid-income-units/) - Al-Tameer Mortgage Finance Company (Al Oula) has signed a cooperation protocol with the New Urban Communities Authority (NUCA) to support Egypt’s mortgage finance system and expand access to housing finance for customers seeking to purchase units owned by the Authority. Ayman Abdel Hameed, Vice Chairperson and Managing Director of Al Oula, said the agreement aims
- [Unified real estate contract difficult to enforce; developer classification seen as more effective solution](https://www.dailynewsegypt.com/2025/12/21/unified-real-estate-contract-difficult-to-enforce-developer-classification-seen-as-more-effective-solution/) - Tarek Shoukry, Head of the Real Estate Developers Chamber at the Federation of Egyptian Industries (FEI), said that enforcing a single, standardized real estate contract across all projects would be difficult both practically and legally, given the diversity of the market. Shoukry explained that variations in project types, locations, development models, and developer capabilities make
- [Vertex Technologies sponsors MCIT job fair to support youth employment and outsourcing talent](https://www.dailynewsegypt.com/2025/12/21/vertex-technologies-sponsors-mcit-job-fair-to-support-youth-employment-and-outsourcing-talent/) - Vertex Technologies participated as an official sponsor of a job fair organized by the Ministry of Communications and Information Technology (MCIT), reinforcing its commitment to youth empowerment and the development of digital and outsourcing talent in Egypt. The job fair aims to connect fresh graduates and job seekers with real market needs, while highlighting career
- [Gold prices in Egypt surge by over EGP 2,000 in 2025: iSagha](https://www.dailynewsegypt.com/2025/12/21/gold-prices-in-egypt-surge-by-over-egp-2000-in-2025-isagha/) - Gold prices in Egypt continued their upward trajectory last week, rising by 0.8% in local markets, while global gold prices gained about 1%, driven by expectations that the US Federal Reserve will maintain a monetary easing cycle in 2026, according to a report by iSagha. Saied Embaby, CEO of iSagha, said local gold prices increased
- [Egypt calls for Nile Basin inclusivity and rejection of unilateral measures in Rwanda talks](https://www.dailynewsegypt.com/2025/12/21/egypt-calls-for-nile-basin-inclusivity-and-rejection-of-unilateral-measures-in-rwanda-talks/) - Egypt on Saturday called for the restoration of inclusivity within the Nile Basin Initiative and the rejection of unilateral measures in the Eastern Nile during talks with Rwanda on the sidelines of the Russian-African Ministerial Forum. Foreign Minister Badr Abdelatty emphasised the importance of cooperation and integration in the Nile River to achieve mutual benefits.
- [Egypt proposes direct Cairo-Lilongwe flight and airport rehabilitation in Malawi talks](https://www.dailynewsegypt.com/2025/12/21/egypt-proposes-direct-cairo-lilongwe-flight-and-airport-rehabilitation-in-malawi-talks/) - Egypt has proposed establishing a direct flight route between Cairo and Lilongwe and offered to involve Egyptian firms in the rehabilitation of Malawi’s Kamuzu International Airport, Foreign Minister Badr Abdelatty said on Saturday. In a meeting with Malawian Foreign Minister George Chaponda on the sidelines of the Russian-African Ministerial Forum, Abdelatty discussed boosting economic cooperation
- [Al-Sisi meets Kurdistan Region PM Barzani, reaffirms support for Iraq’s unity](https://www.dailynewsegypt.com/2025/12/21/al-sisi-meets-kurdistan-region-pm-barzani-reaffirms-support-for-iraqs-unity/) - Egyptian President Abdel Fattah Al-Sisi met on Sunday with Masrour Barzani, Prime Minister of Iraq’s Kurdistan Region, to discuss reinforcing Iraq’s unity and expanding bilateral economic cooperation, according to a presidential statement. During the meeting, Al-Sisi reiterated Egypt’s full support for Iraq’s sovereignty and territorial integrity, and praised security coordination between Egyptian and Iraqi institutions.
- [Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia](https://www.dailynewsegypt.com/2025/12/21/al-sisi-egypt-seeks-binding-nile-agreement-with-ethiopia/) - President Abdel Fattah Al-Sisi said on Saturday that Egypt’s only dispute with Ethiopia concerns the protection of its rights to Nile waters and the need to reach a legally binding agreement on Ethiopia’s dam, stressing that Cairo remains committed to dialogue and political solutions. Al-Sisi made the remarks during a meeting with African ministers and
- [Egypt, Tanzania explore joint strategic projects in transport, industry](https://www.dailynewsegypt.com/2025/12/20/egypt-tanzania-explore-joint-strategic-projects-in-transport-industry/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held high-level talks with Tanzanian officials on launching joint strategic projects in the transport and industrial sectors, underscoring the deepening partnership between the two countries. According to a joint statement from Egypt’s Ministries of Industry and Transport, the meeting took
- [Egypt's Prime Minister orders advanced tech overhaul of Cairo airport on Al-Sisi’s instructions](https://www.dailynewsegypt.com/2025/12/20/egypts-prime-minister-orders-advanced-tech-overhaul-of-cairo-airport-on-al-sisis-instructions/) - Egypt’s Prime Minister Mostafa Madbouly has announced the implementation of advanced operating systems at Cairo International Airport, following strict instructions from President Abdel Fattah Al-Sisi to integrate the latest navigation and ground operation technologies. Speaking during an extensive inspection of the airport on Saturday, Madbouly stated that the presidential mandate requires the adoption of a
- [Al-Sisi, Russia’s Lavrov discuss Gaza, Ukraine, and key bilateral projects](https://www.dailynewsegypt.com/2025/12/20/al-sisi-russias-lavrov-discuss-gaza-ukraine-and-key-bilateral-projects/) - Egyptian President Abdel Fattah Al-Sisi met with Russian Foreign Minister Sergei Lavrov on Saturday to review bilateral relations and exchange views on pressing regional and international issues, including the situation in Gaza, developments in Libya and Sudan, and the Russia-Ukraine conflict, according to a statement from the Egyptian presidency. Presidential spokesperson Mohamed El-Shennawy said President
- [Egypt’s urban inflation eases to 12.3% in November as food price pressures subside: CBE](https://www.dailynewsegypt.com/2025/12/20/egypts-urban-inflation-eases-to-12-3-in-november-as-food-price-pressures-subside-cbe/) - Annual urban headline inflation in Egypt eased slightly to 12.3% in November 2025, down from 12.5% in October, according to the Central Bank of Egypt (CBE). The moderation was mainly driven by a slowdown in food price inflation, which declined to 0.7% in November from 1.5% a month earlier. Non-food inflation also edged down marginally,
- [Housing Ministry receives 6,863 applications to legalize land status in New Sphinx City](https://www.dailynewsegypt.com/2025/12/20/housing-ministry-receives-6863-applications-to-legalize-land-status-in-new-sphinx-city/) - Egypt’s Minister of Housing, Utilities and Urban Communities, Sherif El-Sherbiny, visited New Sphinx City following a tour of Sheikh Zayed City to review ongoing and planned development projects spanning approximately 85,000 feddans. During his visit, El-Sherbiny chaired a meeting at the headquarters of the New Sphinx City Authority, where he reviewed operations at the technological
- [Agriculture Minister reviews progress on establishing advanced pesticide plant with Chinese delegation](https://www.dailynewsegypt.com/2025/12/20/agriculture-minister-reviews-progress-on-establishing-advanced-pesticide-plant-with-chinese-delegation/) - Alaa Farouk, Minister of Agriculture and Land Reclamation, received a high-level delegation of Chinese experts to review the latest developments in the project to establish a new agricultural pesticide manufacturing plant in Egypt. The meeting was attended by Hala Abou Youssef, Chair of the Agricultural Pesticides Committee, and took place within the framework of Egyptian-Chinese
- [Comprehensive development plan to restore Misr Travel’s pioneering role: Minister](https://www.dailynewsegypt.com/2025/12/20/comprehensive-development-plan-to-restore-misr-travels-pioneering-role-minister/) - Mohamed El-Shimy, Minister of the Public Enterprises Sector, held a meeting with the newly formed Board of Directors of Misr Travel, a subsidiary of the Holding Company for Tourism and Hotels (HOTAC), to review the company’s future vision and development plans. The meeting was chaired by Mohamed Saeed Mahrous, Non-Executive Chairperson of the Board, and
- [Art, advocacy, and action: National Council for Women sparks momentum at ‘16 Days of Activism’](https://www.dailynewsegypt.com/2025/12/20/art-advocacy-and-action-national-council-for-women-sparks-momentum-at-16-days-of-activism/) - The fight against gender-based violence took center stage as the National Council for Women (NCW) joined forces with international partners during the second edition of the “16 Days of Activism Against Gender-Based Violence” festival, an event that transformed advocacy into a dynamic cultural movement. Organized by What Women Want magazine in collaboration with UN Women,
- [From local farms to global markets: NCW empowers Egyptian female entrepreneurs at Food Africa 2025](https://www.dailynewsegypt.com/2025/12/20/from-local-farms-to-global-markets-ncw-empowers-egyptian-female-entrepreneurs-at-food-africa-2025/) - The National Council for Women (NCW) made a strong presence at the 10th edition of Food Africa, the continent’s leading food and beverage trade fair. Held from 9-12 December 2025, the NCW pavilion highlighted the innovation, resilience and entrepreneurial spirit of Egyptian women, transforming local agricultural traditions into competitive, market-ready enterprises. Empowering Growth and
- [NCW hosts training programme on population, health, and women’s issues](https://www.dailynewsegypt.com/2025/12/20/ncw-hosts-training-programme-on-population-health-and-womens-issues/) - As part of the National Project for the Development of the Egyptian Family and the presidential initiative Decent Life, the National Council for Women (NCW) continues to implement a joint training programme combining the digital savings and lending groups “Tahwisha” with the “Dawar” awareness sessions. The four-day programme targeted facilitators from the governorates of Beni
- [UN Women Egypt honors trailblazing women leaders at Beijing+30 commemoration](https://www.dailynewsegypt.com/2025/12/20/un-women-egypt-honors-trailblazing-women-leaders-at-beijing30-commemoration/) - In commemoration of the 30th anniversary of the Beijing Declaration and Platform for Action, UN Women Egypt hosted a high-level event titled “Beijing+30 Action Agenda: Honoring Inspiring Egyptian Women Leaders.” The event celebrated the outstanding contributions of current and former Egyptian women ministers, as well as past and present Presidents of the National Council for
- [CIB-Egypt reinforces commitment to developing banking capabilities across Africa](https://www.dailynewsegypt.com/2025/12/20/cib-egypt-reinforces-commitment-to-developing-banking-capabilities-across-africa/) - Commercial International Bank - Egypt (CIB), the largest private-sector bank in Egypt, continues to play a leading role in advancing banking capabilities across the African continent, marking the graduation of the third cohort of the East Africa Banking Credit Programme. The milestone reflects CIB’s ongoing commitment to nurturing young talent and promoting the exchange of
- [Banking sector will spare no effort to support Fund for Honouring Martyrs: CBE Governor](https://www.dailynewsegypt.com/2025/12/20/banking-sector-will-spare-no-effort-to-support-fund-for-honouring-martyrs-cbe-governor/) - The Governor of the Central Bank of Egypt (CBE), Hassan Abdalla, affirmed that the Egyptian banking sector will continue to mobilize all available efforts and resources to support the Fund for Honouring Martyrs, Victims, Missing Persons, and the Injured in Military, Terrorist, and National Security Operations, enabling it to carry out its humanitarian mission and
- [Outstanding consumer finance hits EGP 74.9bn in 10M 2025, up 61.6% YoY: EFCF](https://www.dailynewsegypt.com/2025/12/20/outstanding-consumer-finance-hits-egp-74-9bn-in-10m-2025-up-61-6-yoy-efcf/) - The Egyptian consumer finance sector recorded unprecedented growth during the first 10 months of 2025, with outstanding balances reaching EGP 74.9bn, a year-on-year increase of 61.6%, according to the Egyptian Federation for Consumer Finance (EFCF). The strong performance reflects accelerating demand for regulated consumer credit, a sharp expansion in the customer base, and the continued
- [African nations, Russia convene in Cairo to draft 2026-2029 strategic action plan](https://www.dailynewsegypt.com/2025/12/20/african-nations-russia-convene-in-cairo-to-draft-2026-2029-strategic-action-plan/) - Foreign ministers from more than 50 African nations and Russia convened in Cairo on Saturday to begin drafting the 2026-2029 strategic action plan, a roadmap aimed at deepening continental cooperation ahead of the third Russia-Africa Summit. The second ministerial conference of the Russia-Africa Partnership Forum was chaired by Egyptian Foreign Minister Badr Abdelatty, alongside his
- [Mediterranean veterinary heads select Egypt to lead regional health network](https://www.dailynewsegypt.com/2025/12/19/mediterranean-veterinary-heads-select-egypt-to-lead-regional-health-network/) - Egypt has been unanimously elected to hold the co-presidency of the Mediterranean Animal Health Network (REMESA) for 2026 and will host the organisation’s annual conference in December of that year. The decision was reached during the 31st meeting of the REMESA Joint Permanent Committee held in Valletta, Malta, with the participation of veterinary service heads
- [Egyptian non-oil exports rise 18% to $44.39bn through November 2025](https://www.dailynewsegypt.com/2025/12/19/egyptian-non-oil-exports-rise-18-to-44-39bn-through-november-2025/) - Egypt’s non-oil exports increased by 18 per cent to reach $44.392bn during the first 11 months of 2025, compared with $37.544bn during the same period in 2024. The trade deficit contracted by 12 per cent to $30.346bn, down from $34.421bn in the previous year, according to a report from the General Organisation for Export and
- [Egypt launches drone programme to monitor Nile and boost smart water management](https://www.dailynewsegypt.com/2025/12/19/egypt-launches-drone-programme-to-monitor-nile-and-boost-smart-water-management/) - Egypt has launched the first phase of a training programme to deploy drone technology for monitoring the national water system, Minister of Water Resources and Irrigation Hani Sewilam said in a report on Thursday. The initiative is part of the ministry’s strategy to adopt modern technology and support digital transformation and "smart management" of water
- [The $901 Billion Anchor: How a Silent Signature Locked America into Europe](https://www.dailynewsegypt.com/2025/12/19/the-901-billion-anchor-how-a-silent-signature-locked-america-into-europe/) - Behind closed doors and away from the usual fanfare of the television cameras, President Donald Trump has formalised a military strategy that may fundamentally clash with his own "America First" instincts. By signing the $901bn National Defence Authorisation Act (NDAA) on Thursday, the President has approved a budget $8bn larger than his own administration requested,
- [From Miami Sands to Brussels Boardrooms: The High-Stakes Gambit for Ukraine’s Future](https://www.dailynewsegypt.com/2025/12/19/from-miami-sands-to-brussels-boardrooms-the-high-stakes-gambit-for-ukraines-future/) - As the winter sun sets over Miami this weekend, a series of discreet meetings in the Florida heat may well determine the fate of a frozen conflict thousands of miles away. While holidaymakers occupy the beaches, envoys from Washington, Moscow, and Kyiv are converging on the city, marking a clandestine but critical chapter in the
- [Ramy Sabry performs at opening of "The Village" in Egypt’s Celia development in New Administrative Capital](https://www.dailynewsegypt.com/2025/12/19/ramy-sabry-performs-at-opening-of-the-village-in-egypts-celia-development-in-new-administrative-capital/) - The concert, which saw Sabry perform his most popular songs, marked the official launch of the area described as the heart of Celia.
- [Majid Al Futtaim, TMG inagurate a new Carrefour at Celia in New Administrative Capital](https://www.dailynewsegypt.com/2025/12/19/majid-al-futtaim-tmg-inagurate-a-new-carrefour-at-celia-in-new-administrative-capital/) - Omar Hisham Talaat said opening of Carrefour represents the first step in a series of upcoming openings for a group of international restaurants and stores
- [Cairo and Beirut seek deeper economic integration through private sector and infrastructure projects](https://www.dailynewsegypt.com/2025/12/19/cairo-and-beirut-seek-deeper-economic-integration-through-private-sector-and-infrastructure-projects/) - Cairo and Beirut seek deeper economic integration through private sector and infrastructure projects, according to Egyptian Prime Minister Mostafa Madbouly, as the two nations move to expand a bilateral trade relationship that surpassed $1bn in 2024. Speaking at an economic forum at the Beirut Chamber of Commerce and Industry on Friday, Madbouly stated that Egypt
- [Egypt demands 'immediate' Israeli withdrawal from all Lebanese territory](https://www.dailynewsegypt.com/2025/12/19/egypt-demands-immediate-israeli-withdrawal-from-all-lebanese-territory/) - Egyptian Prime Minister Mostafa Madbouly on Friday demanded the "immediate and unconditional" withdrawal of Israeli forces from all Lebanese territories, affirming Cairo's total support for the Lebanese government's efforts to extend state authority across the country. During high-level talks in Beirut with Lebanese Prime Minister Nawaf Salam and President General Joseph Aoun, Madbouly stressed the
- [Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister](https://www.dailynewsegypt.com/2025/12/19/egyptian-built-dam-in-tanzania-is-model-for-nile-cooperation-says-foreign-minister/) - Egyptian Foreign Minister Badr Abdelatty described the Julius Nyerere Dam, built by a consortium of Egyptian companies, as a model for cooperation between Nile Basin countries during a meeting with his Tanzanian counterpart on Thursday. Abdelatty told Tanzania's Minister of Foreign Affairs and East African Cooperation Mahmoud Thabit Kombo that the hydropower project serves as
- [Foreign troop withdrawal from Libya, Sudan ceasefire urged by Egypt and Algeria](https://www.dailynewsegypt.com/2025/12/19/foreign-troop-withdrawal-from-libya-sudan-ceasefire-urged-by-egypt-and-algeria/) - Foreign forces and mercenaries must withdraw from Libya and a comprehensive ceasefire should be established in Sudan, the foreign ministers of Egypt and Algeria said on Friday during a high-level meeting. Egyptian Foreign Minister Badr Abdelatty and Algerian Foreign Minister Ahmed Attaf reaffirmed their support for a"Libyan-Libyan" solution to the crisis, according to Egyptian foreign
- [Egypt's West Gerga industrial zone hosts Middle East's first cooling compressor plant](https://www.dailynewsegypt.com/2025/12/19/egypts-west-gerga-industrial-zone-hosts-middle-easts-first-cooling-compressor-plant/) - A new cooling compressor plant, described as the first of its kind in Egypt, the Middle East, and Africa, has commenced operations in the West Gerga industrial zone as part of a wider EGP 1.6bn development programme in Upper Egypt. Planning, Economic Development and International Cooperation Minister Rania Al-Mashat and Local Development Minister Manal Awad,
- [Pakistan arrests Islamic State Khorasan media chief](https://www.dailynewsegypt.com/2025/12/18/pakistan-arrests-islamic-state-khorasan-media-chief/) - Born in 1978 in Nangarhar, Afghanistan, and a graduate of the University of Nangarhar, Azzam joined Islamic State Khorasan Provincein 2016
- [Lebanese Army Commander Rudolf Heikal holds critical security talks in Paris](https://www.dailynewsegypt.com/2025/12/18/lebanese-army-commander-rudolf-heikal-holds-critical-security-talks-in-paris/) - General Rudolf Heikal, the Commander-in-Chief of the Lebanese Armed Forces, met with French Chief of Defence Staff Fabien Mandon on Thursday to discuss strategic security challenges as international powers move to formalise a mechanism for disarming Hezbollah. The meeting in Paris, attended by representatives from France, the United States, and Saudi Arabia, aimed to
- [Egyptian Foreign Ministry cites "exceptional year" for diplomatic wins in UN bodies](https://www.dailynewsegypt.com/2025/12/18/egyptian-foreign-ministry-cites-exceptional-year-for-diplomatic-wins-in-un-bodies/) - Egypt’s Foreign Ministry on Thursday cited an "exceptional year" for Egyptian diplomacy following a series of high-profile electoral victories within United Nations bodies, headlined by a historic win for the leadership of UNESCO. In a statement, the Ministry of Foreign Affairs and Emigration said the successes reflect the country's rising international standing and a strategic
- [Government clarifies Al Mana aviation fuel project at Sokhna based on usufruct, not land sale](https://www.dailynewsegypt.com/2025/12/18/government-clarifies-al-mana-aviation-fuel-project-at-sokhna-based-on-usufruct-not-land-sale/) - Egypt has denied claims that it ceded land in the Sokhna integrated zone to Qatar’s Al Mana Holding, clarifying that the company’s sustainable aviation fuel project is based on a usufruct system and remains under full Egyptian sovereignty. The Suez Canal Economic Zone (SCZone) confirmed on Thursday that all facilities and industrial areas under its
- [Egypt’s food industry exports surge 11% to exceed $5.8bn this year](https://www.dailynewsegypt.com/2025/12/18/egypts-food-industry-exports-surge-11-to-exceed-5-8bn-this-year/) - Egypt’s food industry exports reached more than $5.8bn during the first ten months of 2024, marking an 11% increase compared to the same period last year, Deputy Prime Minister for Industrial Development Kamel al-Wazir said on Thursday. Opening the fourth annual "Food Egypt" conference, Wazir, who also serves as Minister of Industry and Transport, stated
- [The Long Goodbye: Your Definitive Guide to the Festive Season in Egypt (Dec 19 – Jan 7)](https://www.dailynewsegypt.com/2025/12/18/the-long-goodbye-your-definitive-guide-to-the-festive-season-in-egypt-dec-19-jan-7/) - The air in Cairo has finally turned. It is that specific, crisp kind of cold that seems to descend upon the capital only in the final fortnight of the year—a signal that the humidity has broken, the summer is a distant memory, and the city is ready to wear its winter coat. As we stand
- [Opinion | The Middle East’s High-Stakes Political Stage: The Countdown to 2026](https://www.dailynewsegypt.com/2025/12/18/opinion-the-middle-easts-high-stakes-political-stage-the-countdown-to-2026/) - As 2025 draws to a close, the Middle Eastern political theatre is bracing for a seismic shift. At its zenith lies the long-anticipated normalisation between Israel and several Gulf capitals—a process that has remained in the wings since Donald Trump’s first term. However, the foundations of this shift are being laid by evolving dynamics in
- [Egypt partners with global firms to localise medical imaging technology](https://www.dailynewsegypt.com/2025/12/18/egypt-partners-with-global-firms-to-localise-medical-imaging-technology/) - Egypt is expanding strategic partnerships with global technology leaders including Philips and General Electric to localise the manufacturing of medical imaging equipment and transfer advanced diagnostic technology, Deputy Prime Minister and Minister of Health Khaled Abdel Ghaffar said on Thursday. Opening the fourth International Radiology Conference, Abdel Ghaffar stated that the state is prioritising the
- [Egypt’s Supply Ministry to implement digital coding to curb waste and monitor strategic commodities](https://www.dailynewsegypt.com/2025/12/18/egypts-supply-ministry-to-implement-digital-coding-to-curb-waste-and-monitor-strategic-commodities/) - Egypt is accelerating the implementation of a digital "Track & Trace" system for essential commodities to enhance governance and secure the national food supply chain, Supply and Internal Trade Minister Sherif Farouk said on Thursday. The digital system aims to monitor the movement of strategic goods through every stage of the supply chain, from production
- [Al-Sisi affirms support for Sudan’s sovereignty and calls for accountability over conflict crimes](https://www.dailynewsegypt.com/2025/12/18/al-sisi-affirms-support-for-sudans-sovereignty-and-calls-for-accountability-over-conflict-crimes/) - President Abdel Fattah Al-Sisi on Thursday reaffirmed Egypt's full support for the unity and sovereignty of Sudan, calling for an end to crimes committed against the Sudanese people and the accountability of those responsible. In an expanded meeting at the presidential palace with General Abdel Fattah al-Burhan, Chairman of the Sudanese Transitional Sovereignty Council, the
- [Helwan Castings to manufacture unique strategic products for Middle East markets](https://www.dailynewsegypt.com/2025/12/18/helwan-castings-to-manufacture-unique-strategic-products-for-middle-east-markets/) - Helwan Castings (Factory 9) serves as a vital industrial stronghold capable of meeting military and civilian requirements for engineering castings that add significant value to the national economy, Minister of State for Military Production Mohamed Salah said on Thursday. During an unannounced inspection of the facility to monitor production workflows, the minister stated that the
- ["Property Egypt" platform launched to drive foreign currency inflows](https://www.dailynewsegypt.com/2025/12/18/property-egypt-platform-launched-to-drive-foreign-currency-inflows/) - Egypt has launched a unified digital platform, "Property Egypt," to facilitate real estate ownership for foreigners and Egyptians living abroad as a primary mechanism to increase foreign currency resources, Prime Minister Mostafa Madbouly said on Thursday. The platform is designed to provide a secure digital system for property exports, ensuring transparency and investor protection through
- [Egypt, Canada sign development agreements worth EGP 552m for women's empowerment, food security](https://www.dailynewsegypt.com/2025/12/17/egypt-canada-sign-development-agreements-worth-egp-552m-for-womens-empowerment-food-security/) - Egypt has signed three grant agreements with Canada worth approximately EGP 552m to fund projects focused on women's empowerment, food security, and refugee support, the Ministry of Planning, Economic Development and International Cooperation said on Wednesday. The agreements were signed by Minister Rania Al-Mashat and Canada’s Ambassador to Egypt, Ulric Shannon. Al-Mashat stated that the
- [Egypt's Al-Sisi offers to host talks to support DRC peace process in call with Tshisekedi](https://www.dailynewsegypt.com/2025/12/17/egypts-al-sisi-offers-to-host-talks-to-support-drc-peace-process-in-call-with-tshisekedi/) - Egyptian President Abdel Fattah Al-Sisi offered to host meetings to facilitate the settlement of the conflict in the Democratic Republic of Congo (DRC) during a phone call with President Felix Tshisekedi on Wednesday. Al-Sisi affirmed Egypt's readiness to exert "every possible effort" to support the dispute settlement path, including providing the necessary venues for the
- [Egypt's Abdelatty proposes hospital project, infrastructure support in Gambia](https://www.dailynewsegypt.com/2025/12/17/egypts-abdelatty-proposes-hospital-project-infrastructure-support-in-gambia/) - Egypt's Foreign Minister Badr Abdelatty said on Wednesday that Cairo plans to establish an investment hospital in Banjul staffed by Egyptian medical professionals as part of a broader effort to deepen economic and infrastructure ties with Gambia. Speaking during a meeting with his Gambian counterpart Serigne Modou Njie in Cairo, Abdelatty expressed readiness to support
- [Cabinet grants golden licenses to MAC, Deli Egypt for EGP 15.1bn in new investments](https://www.dailynewsegypt.com/2025/12/17/cabinet-grants-golden-licenses-to-mac-deli-egypt-for-egp-15-1bn-in-new-investments/) - The Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, approved a package of major decisions during its 71st meeting, underscoring efforts to localise industry, attract foreign investment, expand clean energy, and support regional development. Chief among the approvals was the granting of Golden Licenses to two strategic projects worth a combined EGP 15.1bn. The first
- [PM says Egypt’s non-oil exports expected to reach $48-50bn this year](https://www.dailynewsegypt.com/2025/12/17/pm-says-egypts-non-oil-exports-expected-to-reach-48-50bn-this-year/) - Egypt expects its non-oil merchandise exports to reach between $48bn and $50bn by the end of the current year, marking a 20% annual growth rate, Prime Minister Mostafa Madbouly said on Wednesday. Speaking at a weekly press conference, Madbouly stated that non-oil exports recorded approximately $40bn in 2024. He affirmed that the national target to
- [IBF & Company acquires 50% stake in Diatom CBT to drive cross-border e-commerce expansion](https://www.dailynewsegypt.com/2025/12/17/ibf-company-acquires-50-stake-in-diatom-cbt-to-drive-cross-border-e-commerce-expansion/) - IBF & Company has completed the acquisition of a 50% equity stake in Diatom CBT, a cross-border technology company operating in the UAE and Egypt, in a move aimed at strengthening its portfolio of technology-driven ventures and expanding its footprint in global e-commerce. The transaction marks a significant milestone in IBF & Company’s strategy to
- [African Development Fund secures record $11bn replenishment, marking pivot toward investment-led growth](https://www.dailynewsegypt.com/2025/12/17/african-development-fund-secures-record-11bn-replenishment-marking-pivot-toward-investment-led-growth/) - The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group, has secured a record $11bn for its 17th replenishment (ADF-17)—the largest fundraising outcome in the Fund’s history—signalling a decisive shift toward investment-led development across the continent. Backed by 43 development partners, the replenishment reflects a 23% increase over the previous
- [Egypt steps up coordination on irrigation, agriculture and transport projects](https://www.dailynewsegypt.com/2025/12/17/egypt-steps-up-coordination-on-irrigation-agriculture-and-transport-projects/) - Egypt’s Minister of Water Resources and Irrigation, Hany Sewilam, met on Wednesday with Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, and Minister of Agriculture, Alaa Farouk, to review joint projects and enhance coordination aimed at supporting water and agricultural systems while protecting road and railway infrastructure, the irrigation
- [ElAraby ends Toshiba partnership, announces nearly $500m in new home appliance investments](https://www.dailynewsegypt.com/2025/12/17/elaraby-ends-toshiba-partnership-announces-nearly-500m-in-new-home-appliance-investments/) - ElAraby Group announced during a press conference that it will formally conclude all industrial and commercial agreements with Toshiba Home Appliances by the end of 2025. The Group also unveiled nearly $500m in new investments and strategic partnerships in the manufacturing of home appliances, electronics and related components, in cooperation with leading global companies. The
- [Egypt's Suez Canal Authority seeks African market expansion with Namibia port deal](https://www.dailynewsegypt.com/2025/12/17/egypts-suez-canal-authority-seeks-african-market-expansion-with-namibia-port-deal/) - The Suez Canal Authority (SCA) is ready to open new markets and expand its presence across the African continent, Chairperson Osama Rabie said on Wednesday, as the authority signed a memorandum of understanding (MoU) with the Namibian Ports Authority to assist in port development and maritime training. The agreement, signed at the SCA headquarters in
- [Egypt explores opportunities to expand sustainable environmental investment in natural reserves](https://www.dailynewsegypt.com/2025/12/17/egypt-explores-opportunities-to-expand-sustainable-environmental-investment-in-natural-reserves/) - Manal Awad, Minister of Local Development and Acting Minister of Environment, held a meeting with a group of investors to discuss opportunities to expand sustainable environmental investment in Egypt’s natural reserves and to promote eco-tourism. The meeting was attended by the Head of the Environmental Affairs Agency, several ministerial assistants and advisers, and senior officials
- [Egypt to launch unified digital business platform to streamline procedures, cut timelines: El-Khatib](https://www.dailynewsegypt.com/2025/12/17/egypt-to-launch-unified-digital-business-platform-to-streamline-procedures-cut-timelines-el-khatib/) - Hassan El-Khatib, Minister of Investment and Foreign Trade, announced that Egypt is preparing to enter a new phase of institutional development aimed at achieving the full digital transformation of government and investment services. He said the Ministry is currently working on the launch of a unified digital business platform that will integrate company incorporation, licensing,
- [Egypt targets expansion in productive, export-oriented sectors: Finance Minister](https://www.dailynewsegypt.com/2025/12/17/egypt-targets-expansion-in-productive-export-oriented-sectors-finance-minister/) - Finance Minister Ahmed Kouchouk said the Egyptian economy offers a wide range of diverse, attractive, and increasingly competitive investment opportunities, particularly in manufacturing and export-oriented activities. He noted that the business climate is steadily improving and invited local and international partners to expand their investments in Egypt. Speaking at a meeting with members of the
- [Lebleba: Acting is pulse of life, I still have dreams to pursue](https://www.dailynewsegypt.com/2025/12/17/lebleba-acting-is-pulse-of-life-i-still-have-dreams-to-pursue/) - From her first appearance on screen as a young girl to her evolution into one of the Arab world’s most versatile and enduring performers, Lebleba has never strayed from her greatest passion. She never treated art as a mere profession but lived it as a calling, an inseparable part of her life. Her presence cannot
- [TMG expands Celia development with new commercial and entertainment hub](https://www.dailynewsegypt.com/2025/12/17/tmg-expands-celia-development-with-new-commercial-and-entertainment-hub/) - TMG new hub is Celia's "beating heart", comprising medical, administrative centres, a sports club, cinemas, bowling alley, open-air theatre and restaurants
- [Singer Ramy Sabry to perform at launch of TMG's new commercial hub](https://www.dailynewsegypt.com/2025/12/17/singer-ramy-sabry-to-perform-at-launch-of-tmg-new-commercial-hub/) - Egyptian singer Rami Sabry is set to perform a major concert on Thursday to celebrate the opening of "The Village", a commercial and entertainment centre at the Celia development in the New Administrative Capital. Developer Talaat Moustafa Group (TMG) announced the launch to meet growing occupancy rates at the site. The group stated via the
- [Egypt secured $9.5bn in budget support since 2023 amid ongoing reforms: Al-Mashat](https://www.dailynewsegypt.com/2025/12/16/egypt-secured-9-5bn-in-budget-support-since-2023-amid-ongoing-reforms-al-mashat/) - Egypt has secured $9.5bn in concessional financing to support the state budget since the beginning of 2023, linked to structural and sectoral reforms, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat said on Tuesday. Speaking at a conference on economic competitiveness, Al-Mashat stated that reforms supporting growth and employment "will not cease" as
- [Gaza death toll climbs as winter cold intensifies humanitarian emergency](https://www.dailynewsegypt.com/2025/12/16/gaza-death-toll-climbs-as-winter-cold-intensifies-humanitarian-emergency/) - Gaza’s health ministry said on Tuesday that six wounded people and two bodies recovered from the rubble had arrived at hospitals over the past 24 hours, as officials warned that freezing winter conditions were worsening an already dire humanitarian situation. The ministry said that since a ceasefire took effect on Oct. 11, 2025, at least
- [Egypt, China discuss sustainable Gaza ceasefire and Sudan truce](https://www.dailynewsegypt.com/2025/12/16/egypt-china-discuss-sustainable-gaza-ceasefire-and-sudan-truce/) - Egyptian Foreign Minister Badr Abdelatty stressed the necessity of implementing the second phase of the Sharm El-Sheikh peace agreement to ensure a sustainable ceasefire in Gaza, during a call with his Chinese counterpart Wang Yi onTuesday. Abdelatty told Wang that fulfilling the agreement's entitlements was crucial to stabilising the calm and preventing renewed escalation in
- [Sawiris eyes management of three Egyptian airports](https://www.dailynewsegypt.com/2025/12/16/sawiris-eyes-management-of-three-egyptian-airports/) - Egyptian billionaire businessman Naguib Sawiris said he is interested in managing and operating three Egyptian airports, as the government moves ahead with plans to open airport operations to private-sector participation. Speaking on Tuesday at the Conference on the Competitiveness of the Egyptian Economy in Cairo, Sawiris said an Italian company has expressed interest in forming
- [MSMEDA signs EGP 300m financing agreement with Reefy](https://www.dailynewsegypt.com/2025/12/16/msmeda-signs-egp-300m-financing-agreement-with-reefy/) - The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a financing agreement worth EGP 300m with Reefy Microfinance Enterprise Services to support micro enterprises across Egypt. The agreement was signed by Mohamed Medhat, Deputy CEO of MSMEDA, and Ahmed Labib, Managing Director and CEO of Reefy, in the presence of Basel Rahmy, CEO
- [Chemical industries investments in Egypt to reach $1.8bn in 2026-2027: Export Council](https://www.dailynewsegypt.com/2025/12/16/chemical-industries-investments-in-egypt-to-reach-1-8bn-in-2026-2027-export-council/) - Egypt’s Chemicals and Fertilizers Export Council, chaired by Khaled Abou El Makarem, is preparing a comprehensive memorandum to be submitted to Prime Minister Mostafa Madbouly before 15 January, proposing a set of executive measures to stimulate industrial investment, expand production capacities, and strengthen the global competitiveness of Egypt’s chemical sector. Abou El Makarem said the
- [Health Minister Discusses radiology upgrade with Curagita, ACH](https://www.dailynewsegypt.com/2025/12/16/health-minister-discusses-radiology-upgrade-with-curagita-ach/) - Egypt’s Health Minister Khaled Abdel Ghaffar met executives from Curagita Group and ACH on Tuesday to discuss investment opportunities and cooperation in the healthcare sector, with a particular focus on upgrading the radiology department at the Nile Medical City project, the health ministry said in a statement. Ministry spokesperson Hossam Abdel Ghaffar said the meeting
- [GENNVAX launches largest regional vaccine manufacturing facility with $150m investment](https://www.dailynewsegypt.com/2025/12/16/gennvax-launches-largest-regional-vaccine-manufacturing-facility-with-150m-investment/) - Egypt has marked a major milestone in its biopharmaceutical development with the laying of the foundation stone for the GENNVAX vaccine manufacturing facility, which is set to become the largest fully integrated vaccine production complex in the Middle East and Africa. The project represents a strategic step towards localising the production of vaccines and biological
- [Kouchouk says Egypt plans 'exceptional' cut to debt levels, lowers medical VAT to 5%](https://www.dailynewsegypt.com/2025/12/16/kouchouk-says-egypt-plans-exceptional-cut-to-debt-levels-lowers-medical-vat-to-5/) - Egypt is targeting an "exceptional" improvement in its budget debt indicators while implementing a second package of tax facilities that includes cutting value-added tax (VAT) on medical equipment to 5% from 14%, Finance Minister Ahmed Kouchouk said on Tuesday. Speaking at the Hapi Journal Conference on economic competitiveness, Kouchouk stated that the government aims to
- [Public enterprises record $1bn in exports, 20% revenue growth in FY 2024/25: Minister](https://www.dailynewsegypt.com/2025/12/16/public-enterprises-record-1bn-in-exports-20-revenue-growth-in-fy-2024-25-minister/) - Mohamed El-Shimy, Minister of the Public Enterprises Sector, announced that exports by affiliated companies reached approximately $1bn during fiscal year (FY) 2024/2025, with 40% of companies now exporting to international markets. He added that sector revenues rose by around 20% year-on-year, while the market capitalisation of publicly listed companies increased by 36% over the same
- [GAFI prioritises Start-Up Support Unit, Investor Dispute Settlement Centre: Heiba](https://www.dailynewsegypt.com/2025/12/16/gafi-prioritises-start-up-support-unit-investor-dispute-settlement-centre-heiba/) - Hossam Heiba, Chief Executive Officer of the General Authority for Investment and Free Zones (GAFI), said the Authority places strong emphasis on activating the Permanent Start-up Support Unit and strengthening the role of the Investor Dispute Settlement Centre, describing them as key mechanisms for supporting Egypt’s investment climate and ensuring investor stability. Heiba noted a
- [Opinion | Conscription and Germany’s Changing Security Mindset](https://www.dailynewsegypt.com/2025/12/16/opinion-conscription-and-germanys-changing-security-mindset/) - When news circulates about the “return of conscription in Germany”, the headline appears shocking at first glance. In reality, however, it fails to capture the full picture. Berlin has not reverted to its pre-2011 model, nor has it declared a general mobilization. What Germany has undertaken is far deeper: a fundamental rethinking of the relationship
- [Opinion | Global Storytelling Platforms: How Netflix Shapes Culture and Identity](https://www.dailynewsegypt.com/2025/12/16/opinion-global-storytelling-platforms-how-netflix-shapes-culture-and-identity/) - In December 2025, Netflix officially announced its acquisition of Warner Bros. Discovery, including HBO and HBO Max, in a deal considered one of the largest in the history of global entertainment streaming. This deal does not merely unify massive companies; it grants Netflix unprecedented control over global narrative content. Original works, even without full reproduction,
- [Sanofi introduces new multiple myeloma treatment to Egyptian market](https://www.dailynewsegypt.com/2025/12/16/sanofi-introduces-new-multiple-myeloma-treatment-to-egyptian-market/) - A new treatment option for patients living with multiple myeloma has become available in Egypt following the launch of Sarclisa, marking a significant development in the management of one of the most common forms of blood cancer. The treatment is indicated for two main patient groups: individuals newly diagnosed with multiple myeloma who are not
- [Egypt moves to roll out ‘green label’ for plastic products to boost circular economy](https://www.dailynewsegypt.com/2025/12/15/egypt-moves-to-roll-out-green-label-for-plastic-products-to-boost-circular-economy/) - Egypt has held the first meeting of a committee tasked with rolling out a national “green label” certification system for plastic products and packaging, as part of broader efforts to promote sustainability and advance a circular economy, the Ministry of Environment said. The meeting was chaired by Yasser Abdallah, head of the Waste Management Regulatory
- [Egypt, Saudi FMs discuss Gaza, Sudan and preparations for Supreme Coordination Council](https://www.dailynewsegypt.com/2025/12/15/egypt-saudi-fms-discuss-gaza-sudan-and-preparations-for-supreme-coordination-council/) - Egypt’s Foreign Minister Badr Abdelatty held a phone call with his Saudi counterpart Faisal bin Farhan as part of ongoing coordination between the two countries, Egypt’s Ministry of Foreign Affairs said on Monday. During the call, Abdelatty stressed the depth of Egyptian-Saudi relations, noting that both sides are working to finalise arrangements for the first
- [Egypt begins trial operations at Red Sea Container Terminal as first vessel docks at Sokhna Port](https://www.dailynewsegypt.com/2025/12/15/egypt-begins-trial-operations-at-red-sea-container-terminal-as-first-vessel-docks-at-sokhna-port/) - Egypt has launched trial operations at Red Sea Container Terminal No. 1 at Sokhna Port, marking a significant milestone in its strategy to transform national ports into a regional hub for transport, logistics and transshipment. The launch was inaugurated by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir, in
- [PM Madbouly urges investors to 'double' stakes as Egypt trade deficit hits 10-year low](https://www.dailynewsegypt.com/2025/12/15/pm-madbouly-urges-investors-to-double-stakes-as-egypt-trade-deficit-hits-10-year-low/) - Prime Minister Mostafa Madbouly urged business leaders to "double" their investments in Egypt on Monday, citing the country's lowest trade deficit in a decade and record non-oil exports as evidence of a "vast and promising" economic climate. Speaking at a meeting with export council heads and Investment Minister Hassan El-Khatib, Madbouly called on local and
- [Egypt, Italy’s Eni discuss healthcare partnership to operate two hospitals](https://www.dailynewsegypt.com/2025/12/15/egypt-italys-eni-discuss-healthcare-partnership-to-operate-two-hospitals/) - Prime Minister Mostafa Madbouly met executives from Italy’s Eni and the San Donato Hospitals Group on Monday to discuss cooperation in community development within the healthcare sector, including the management and operation of two hospitals in Cairo and the New Administrative Capital, according to a cabinet statement. The meeting was attended by Minister of Health
- [Four-nation consortium launches 2GW Atum Solar plant in Egypt targeting US exports](https://www.dailynewsegypt.com/2025/12/15/four-nation-consortium-launches-2gw-atum-solar-plant-in-egypt-targeting-us-exports/) - Egypt laid the foundation stone on Monday for a $210m solar energy manufacturing complex in the Suez Canal Economic Zone (SCZONE), a project involving Chinese, Emirati, Bahraini, and Egyptian partners with a targeted annual capacity of 2 gigawatts (GW). The "Atum Solar" project, located in the TEDA industrial zone, aims to manufacture 2 GW of
- [HSBC Economists highlight global shifts, Egypt’s recovery prospects](https://www.dailynewsegypt.com/2025/12/15/hsbc-economists-highlight-global-shifts-egypts-recovery-prospects/) - HSBC Egypt hosted nearly 300 clients, business leaders and industry experts at its annual Economist Roadshow, bringing together the bank’s leading economists to discuss key developments shaping global markets, the regional outlook and their implications for Egypt’s economy. The event featured Janet Henry, HSBC’s Global Chief Economist, and Simon Williams, HSBC’s Chief Economist for Central
- [Egypt targets 480 new oil and gas wells in $5.7bn exploration push](https://www.dailynewsegypt.com/2025/12/15/egypt-targets-480-new-oil-and-gas-wells-in-5-7bn-exploration-push/) - Egypt plans to drill 480 exploratory wells with total investments estimated at $5.7bn over the next five years, Minister of Petroleum and Mineral Resources Karim Badawi said on Monday, as the country seeks to reverse a decline in natural gas output. Speaking at the 9th Al-Ahram Energy Conference, Badawi stated that the petroleum sector is
- [Legislative, technological reforms expand access to non-banking financial activities: FRA chair](https://www.dailynewsegypt.com/2025/12/15/legislative-technological-reforms-expand-access-to-non-banking-financial-activities-fra-chair/) - Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), said that the development of legislative and regulatory frameworks, alongside the expansion of fintech applications, has played a pivotal role in widening the base of beneficiaries of non-banking financial activities, while empowering youth and women to actively participate in capital markets, insurance and investment activities. Speaking
- [CIB launches Women in Business Empowerment Programme](https://www.dailynewsegypt.com/2025/12/15/cib-launches-women-in-business-empowerment-programme/) - Commercial International Bank Egypt (CIB) has launched the Women in Business Empowerment Programme, developed in cooperation with the European Bank for Reconstruction and Development (EBRD) and supported by the European Union’s Financial Inclusion Initiative. The programme underscores CIB’s ongoing commitment to expanding women’s economic participation and enhancing their ability to grow and compete in the
- [GAFI witnesses first Polish investment agreement in Egypt’s frozen food sector](https://www.dailynewsegypt.com/2025/12/15/gafi-witnesses-first-polish-investment-agreement-in-egypts-frozen-food-sector/) - The General Authority for Investment and Free Zones (GAFI) has witnessed the signing of a land sale agreement between Elsewedy Industrial Development and Poland-based Fruitful, marking the first Polish investment in Elsewedy’s industrial projects and Poland’s entry into Egypt’s frozen food manufacturing sector. Under the agreement, Fruitful will establish a state-of-the-art frozen food production facility
- [Al-Mashat, Ibrahimaj lead talks to expand Egyptian-Albanian investment](https://www.dailynewsegypt.com/2025/12/15/al-mashat-ibrahimaj-lead-talks-to-expand-egyptian-albanian-investment/) - Egypt and Albania have held the first session of their joint committee since 1993, a move officials described as a step toward utilising their respective geographic locations to expand access to African and European markets. The meeting in Tirana, which included a joint business forum, aimed to revitalise economic ties and increase bilateral trade and
- [Interest on external loans deductible for firms involved in strategic projects: Kouchouk](https://www.dailynewsegypt.com/2025/12/15/interest-on-external-loans-deductible-for-firms-involved-in-strategic-projects-kouchouk/) - Finance Minister Ahmed Kouchouk said the second package of tax incentives includes measures to prevent double taxation, notably by exempting dividend distributions for Egyptian companies affiliated with holding companies resident in Egypt. The package also allows private-sector companies contributing to strategic projects to deduct interest on external loans from their taxable base. Additional measures include
- [As Kyiv weighs neutrality, Kremlin eyes a ‘cornerstone’ for peace while Europe warns of trap](https://www.dailynewsegypt.com/2025/12/15/as-kyiv-weighs-neutrality-kremlin-eyes-a-cornerstone-for-peace-while-europe-warns-of-trap/) - Behind closed doors in the German capital, a marathon session lasting more than five hours on Sunday marked a potential turning point in the roadmap to end the war in Ukraine. President Volodymyr Zelenskiy, seated across from Donald Trump’s envoys Steve Witkoff and Jared Kushner, engaged in deep discussions that extended well into the night—a
- ['Friends become enemies': Trump’s new strategy fractures European unity](https://www.dailynewsegypt.com/2025/12/15/friends-become-enemies-trumps-new-strategy-fractures-european-unity/) - For decades, the European Union has prided itself on negotiating with Washington as a singular, heavyweight bloc of 27 nations. But as President Donald Trump unleashes a fresh diplomatic barrage against the continent, that unity is fracturing into a tense, calculated silence. Inside the European Commission, a stark realisation has taken hold: the price of
- [Madinaty Golf Club hosts charity tournament for Alzheimer's awareness](https://www.dailynewsegypt.com/2025/12/15/madinaty-golf-club-hosts-charity-tournament-for-alzheimers-awareness/) - The event, held under the slogan "We Are With You" in collaboration with Rotary Club Cairo Golf Madinaty, coincided with International Volunteer Day.
- [Egypt, Albania convene joint economic committee for first time since 1993](https://www.dailynewsegypt.com/2025/12/14/egypt-albania-convene-joint-economic-committee-for-first-time-since-1993/) - Egyptian Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat arrived in Tirana on Sunday to chair the Egyptian–Albanian Joint Committee for Economic, Scientific, and Technical Cooperation, which is meeting for the first time since 1993. The committee aims to explore avenues of cooperation and strengthen bilateral relations, opening broader prospects for partnerships in
- [Egypt-Qatar trade surges 80% to $143m in M10 2025: El-Khatib](https://www.dailynewsegypt.com/2025/12/14/egypt-qatar-trade-surges-80-to-143m-in-m10-2025-el-khatib/) - Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib inaugurated the Egypt-Qatar Business Forum, aimed at strengthening economic, trade, and investment relations between the two countries. The forum was attended by Qatar’s Minister of State for Foreign Trade Ahmed bin Mohammed Al-Sayed, alongside a delegation of Qatari officials, and saw broad participation from business leaders
- [Qatar's Al Mana Holding to invest $200m in Egypt sustainable aviation fuel plant](https://www.dailynewsegypt.com/2025/12/14/qatars-al-mana-holding-to-invest-200m-in-egypt-sustainable-aviation-fuel-plant/) - Qatar’s Al Mana Holding signed a contract on Sunday to invest $200m in a sustainable aviation fuel (SAF) production plant in the Suez Canal Economic Zone (SCZONE), marking the first Qatari industrial investment in the zone. The project, which will be executed by the newly established "Saf Fly Limited", aims to produce 200,000 tonnes annually
- [Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple](https://www.dailynewsegypt.com/2025/12/14/egypt-unveils-restored-colossal-statues-of-king-amenhotep-iii-at-luxor-mortuary-temple/) - Egypt’s Minister of Tourism and Antiquities Sherif Fathy presided over the unveiling of two colossal alabaster statues of King Amenhotep III at his mortuary temple on Luxor’s West Bank, following an extensive restoration and reinstallation effort that returned the monuments to their original locations. The ceremony underscores Egypt’s ongoing efforts to preserve and revitalise one
- [Egypt calls for institutional reform, impact-driven projects at CEDARE board meeting](https://www.dailynewsegypt.com/2025/12/14/egypt-calls-for-institutional-reform-impact-driven-projects-at-cedare-board-meeting/) - Egypt’s Acting Environment Minister Manal Awad called for institutional reform and a stronger emphasis on projects with measurable environmental, economic and social impact during the 19th meeting of the Board of Trustees of the Centre for Environment and Development for the Arab Region and Europe (CEDARE), an official statement said. The meeting was chaired by
- [Converted, AASTMT partner to launch AI-driven marketing education programme](https://www.dailynewsegypt.com/2025/12/14/converted-aastmt-partner-to-launch-ai-driven-marketing-education-programme/) - Converted, a digital innovation and marketing solutions company, has signed a strategic partnership with the Arab Academy for Science, Technology & Maritime Transport (AASTMT) to introduce a specialized educational programme focused on artificial intelligence–driven and automated marketing. The collaboration aims to equip students and young professionals with practical skills aligned with the evolving demands of
- [Egypt health ministry explores expanded TB screening, water surveillance with Clinilab](https://www.dailynewsegypt.com/2025/12/14/egypt-health-ministry-explores-expanded-tb-screening-water-surveillance-with-clinilab/) - Egypt’s Minister of Health Khaled Abdel Ghaffar met a delegation from Clinilab, the authorised commercial partner of Germany’s QIAGEN in Egypt, to discuss strengthening public-health diagnostic and surveillance capacities, with a particular focus on expanding the national programme for tuberculosis (TB) testing and monitoring, the health ministry said in a statement. Ministry spokesperson Hossam Abdel
- [European canned peaches enter Egyptian market at Cairo B2B industry event](https://www.dailynewsegypt.com/2025/12/14/european-canned-peaches-enter-egyptian-market-at-cairo-b2b-industry-event/) - European canned peaches were formally introduced to the Egyptian market during a business-to-business industry event held in Cairo on Tuesday, bringing together representatives from the hospitality sector, food importers, and distributors. The event was organised as part of the PeachTheGreatMENA promotional campaign, an initiative co-financed by the European Union under the AGRIP SIMPLE 2024 programme.
- [Intelli-Pro targets EGP 100m in fire safety projects in 2026](https://www.dailynewsegypt.com/2025/12/14/intelli-pro-targets-egp-100m-in-fire-safety-projects-in-2026/) - Intelli-Pro, an engineering solutions firm specialising in fire-fighting and fire protection systems, plans to execute projects worth around EGP 100m in 2026 as part of its expansion strategy, the company announced. The projects are expected to cover three main sectors: educational institutions, government-affiliated entities, and service, investment, and industrial projects, which typically require advanced fire
- [M.O. Group plans IPO, targeting 10-20% of shares amid 2026 expansion](https://www.dailynewsegypt.com/2025/12/14/m-o-group-plans-ipo-targeting-10-20-of-shares-amid-2026-expansion/) - M.O. Group has unveiled an ambitious expansion strategy for 2026, aiming to double its export value to $12m, increase production capacity by 50%, and expand its international presence from 45 to 80 countries. The plan also includes entering new product segments, such as biscuits and chocolate, and preparing for a potential IPO in the second
- [Egypt, Sweden’s Linxon discuss renewable energy development](https://www.dailynewsegypt.com/2025/12/14/egypt-swedens-linxon-discuss-renewable-energy-development/) - Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, met with Swedish Ambassador to Egypt Dag Jolin Danfelt and a delegation from Swedish company Linxon, led by CEO Stefan Reisacher, at the ministry’s headquarters in the New Administrative Capital. The meeting focused on potential cooperation, partnerships and investment in renewable energy, smart grids, and integrated
- [Madbouly reviews proposals for upgrading area around Cairo Citadel, Zabbaleen district](https://www.dailynewsegypt.com/2025/12/14/madbouly-reviews-proposals-for-upgrading-area-around-cairo-citadel-zabbaleen-district/) - Egypt’s Prime Minister Mostafa Madbouly held a meeting on Sunday to review proposals for upgrading the area surrounding the Cairo Citadel and the Zabbaleen district in Manshiet Nasser, directing officials to prepare a comprehensive study of the plans ahead of a dedicated follow-up meeting, the Cabinet said in a statement. The meeting was attended by
- [Multiple pathways to deepen private-sector partnerships across key industries: El-Shimy](https://www.dailynewsegypt.com/2025/12/14/multiple-pathways-to-deepen-private-sector-partnerships-across-key-industries-el-shimy/) - Mohamed El-Shimy, Minister of the Public Enterprises Sector, presented the portfolio of companies affiliated with the ministry and reviewed their financial performance over the past decade during his participation in the Afro-Asian Investors Union Forum. He said the forum represents a vital platform for strengthening historic ties and opening new horizons for investment cooperation and
- [Egypt reviews implementation of Lebanon deals as trade hits $1bn](https://www.dailynewsegypt.com/2025/12/14/egypt-reviews-implementation-of-lebanon-deals-as-trade-hits-1bn/) - Egypt is fast-tracking the implementation of cooperation agreements with Lebanon signed in October, aiming to build on trade volume that reached $1bn in 2024, the Ministry of Planning, Economic Development, and International Cooperation said. Minister Rania Al-Mashat chaired a meeting to review the status of resolutions from the 10th session of the Egyptian-Lebanese Supreme
- [China’s Jasan Group to invest $100m in integrated textile, apparel complex in Qantara West](https://www.dailynewsegypt.com/2025/12/14/chinas-jasan-group-to-invest-100m-in-integrated-textile-apparel-complex-in-qantara-west/) - Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), has signed a contract with Mao Yi Zhang, Chairperson and owner of Zhejiang Jiansheng Group, commercially known as Jasan Group, to establish a fully integrated textile and apparel industrial complex in the Qantara West Industrial Zone. The project will be developed on an area
- [GAFI explores cooperation with Uzbekistan to support tech companies](https://www.dailynewsegypt.com/2025/12/14/gafi-explores-cooperation-with-uzbekistan-to-support-tech-companies/) - The General Authority for Investment and Free Zones (GAFI) has held high-level talks with a delegation from IT Park Uzbekistan to explore avenues for cooperation in supporting technology start-ups, encouraging mutual investments, and opening new markets for Egyptian companies in Central Asia. The Uzbek delegation included Azizbek Yusupov, Head of Export and Investment for the
- [CBE, EBRD launch MasterTalks series to drive banking innovation, financial inclusion](https://www.dailynewsegypt.com/2025/12/14/cbe-ebrd-launch-mastertalks-series-to-drive-banking-innovation-financial-inclusion/) - The Central Bank of Egypt (CBE) and the European Bank for Reconstruction and Development (EBRD) have launched a new Masterclasses (MasterTalks) series aimed at promoting inclusive banking best practices and advancing knowledge and innovation across Egypt’s banking sector, in cooperation with the Federation of Egyptian Banks (FEB). The inaugural session brought together heads of micro,
- [Egypt, Qatar explore joint industrial projects to strengthen economic cooperation](https://www.dailynewsegypt.com/2025/12/14/egypt-qatar-explore-joint-industrial-projects-to-strengthen-economic-cooperation/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir held high-level talks with Ahmed bin Mohammed Al-Sayed, Qatar’s Minister of Foreign Trade, to explore the launch of joint Egyptian-Qatari industrial projects aimed at deepening economic cooperation. The meeting was attended by Sheikh Jassim bin Abdulrahman Al-Thani, Qatar’s Ambassador to
- [Nile Stone launches Samaya Residence in October Gardens with EGP 2bn investment](https://www.dailynewsegypt.com/2025/12/14/nile-stone-launches-samaya-residence-in-october-gardens-with-egp-2bn-investment/) - Nile Stone for Urban Development has announced the official launch of its new residential project, Samaya Residence, in the October Gardens area of west Cairo. The development spans 11.5 feddans, adjacent to the Old Village district, with total investments exceeding EGP 2bn. According to the company, Samaya Residence will comprise 430 residential units of varying
- [Karma Urban Development launches first mixed-use project in New Cairo](https://www.dailynewsegypt.com/2025/12/14/karma-urban-development-launches-first-mixed-use-project-in-new-cairo/) - Karma Urban Development has announced the launch of its first project in New Cairo, marking the company’s official entry into Egypt’s real estate market. The development, KAVI, is a mixed-use project comprising commercial, administrative and medical components, strategically located on one of the main axes in the Narges area. As part of the launch, Karma
- [Brassbell Hospitality Group targets 2,500 units by 2026, expands across Egypt, GCC](https://www.dailynewsegypt.com/2025/12/14/brassbell-hospitality-group-targets-2500-units-by-2026-expands-across-egypt-gcc/) - Brassbell Hospitality Group is accelerating its regional growth strategy as it expands its serviced-living and hospitality portfolio across Egypt and the GCC, according to Adham Elbedewy, Executive Vice President of the group. Elbedewy told Daily News Egypt that Brassbell currently manages more than 880 operational units in Egypt, spanning serviced apartments, branded residences and hospitality-led
- [Afro-Asian Investors Forum spotlights opportunities, challenges in Egypt’s tourism real estate](https://www.dailynewsegypt.com/2025/12/14/afro-asian-investors-forum-spotlights-opportunities-challenges-in-egypts-tourism-real-estate/) - Senior real estate developers, investors and industry experts convened at the Afro-Asian General Investors Union Forum to examine opportunities and challenges in Egypt’s real estate sector, with a particular focus on tourism-oriented properties and real estate exports. Discussions centred on boosting Egypt’s global competitiveness, attracting foreign investment, and leveraging major national projects alongside digital solutions
- [Egyptian Golf Federation appoints Stuart Clayton as technical director](https://www.dailynewsegypt.com/2025/12/14/egyptian-golf-federation-appoints-stuart-clayton-as-technical-director/) - A member of the Professional Golfers' Association (PGA), Clayton brings over 25 years of international experience in elite training and player pathways
- [Zahi Hawass Foundation launches youth archaeology awareness campaign in Aswan](https://www.dailynewsegypt.com/2025/12/13/zahi-hawass-foundation-launches-youth-archaeology-awareness-campaign-in-aswan/) - As part of efforts to promote archaeological awareness and deepen young people’s connection to Egypt’s ancient civilisation, the Zahi Hawass Foundation for Heritage and Antiquities organised an educational lecture for preparatory school students at Al Mostakbal Private School in Aswan. The lecture was delivered by Nasr Salama, Director of the Foundation’s Aswan branch, and focused
- [Winter storm compounds Gaza humanitarian crisis amid Israeli strikes, diplomatic efforts](https://www.dailynewsegypt.com/2025/12/13/winter-storm-compounds-gaza-humanitarian-crisis-amid-israeli-strikes-diplomatic-efforts/) - A winter storm that battered the Gaza Strip over the past few days has worsened an already dire humanitarian situation, killing additional people and exacerbating the impact of Israeli strikes, Palestinian officials said, as diplomatic efforts over the territory’s future gain momentum. Ismail Al-Thawabta, director general of Gaza’s Government Media Office, described the three-day weather
- [Over 65.6 million visits recorded under women’s health initiative since 2019](https://www.dailynewsegypt.com/2025/12/13/over-65-6-million-visits-recorded-under-womens-health-initiative-since-2019/) - Egypt’s Health Ministry announced on Saturday that the presidential initiative to support women’s health has recorded 65,631,912 visits for screening and awareness services since its launch in July 2019 through November 2025. Spokesperson Hossam Abdel Ghaffar said the total included 23,137,079 first-time visits, 29,167,082 follow-up visits, and 13,327,750 walk-in visits. He urged women to undergo
- [Egypt discusses Trump peace plan phase two and Gaza force at UAE forum](https://www.dailynewsegypt.com/2025/12/13/egypt-discusses-trump-peace-plan-phase-two-and-gaza-force-at-uae-forum/) - Egyptian Minister of Foreign Affairs Badr Abdelatty discussed the implementation of the second phase of President Trump's peace plan for Gaza and the urgent formation of an international stabilization force during meetings at the Sir Bani Yas Forum on Saturday. In discussions with UN Under-Secretary-General for Humanitarian Affairs Tom Fletcher, Abdelatty stated that consolidating the
- [Madbouly inspects Decent Life development projects in Qalyubeya](https://www.dailynewsegypt.com/2025/12/13/madbouly-inspects-decent-life-development-projects-in-qalyubeya/) - Prime Minister Mostafa Madbouly conducted an inspection tour of several development projects implemented under the presidential Decent Life (Decent Life) initiative in villages of Shebin El-Qanater, Qalyubeya, as part of the government’s ongoing efforts to improve living standards and public services in rural areas. The tour began with a visit to the Technological Center in
- [Egypt’s agricultural exports reach 8.8m tonnes to date: Agriculture Minister](https://www.dailynewsegypt.com/2025/12/13/egypts-agricultural-exports-reach-8-8m-tonnes-to-date-agriculture-minister/) - Alaa Farouk, Minister of Agriculture and Land Reclamation, said total Egyptian agricultural exports have reached approximately 8.8 million tonnes so far this year, marking an increase of nearly 750,000 tonnes compared with the same period last year. The figures were outlined in an official report submitted to the Minister by Mohamed El-Mounsi, Head of the
- [Egypt, Spain explore reviving economic dialogue, plan joint business forum in 2026](https://www.dailynewsegypt.com/2025/12/13/egypt-spain-explore-reviving-economic-dialogue-plan-joint-business-forum-in-2026/) - Abdel Aziz El-Sherif, First Undersecretary and Head of the Egyptian Commercial Service, held a series of meetings in Madrid aimed at strengthening economic, trade and investment relations between Egypt and Spain, as momentum builds following recent high-level bilateral engagements. The meetings took place during El-Sherif’s visit to Spain to attend the 7th Trade and Investment
- [Public Enterprises Ministry prioritises support for pharmaceutical affiliates: El-Shimy](https://www.dailynewsegypt.com/2025/12/13/public-enterprises-ministry-prioritises-support-for-pharmaceutical-affiliates-el-shimy/) - Mohamed El-Shimy, Minister of the Public Enterprises Sector, said the ministry places the highest priority on supporting its affiliated pharmaceutical companies through comprehensive development and modernisation programmes aimed at upgrading production lines, enhancing operational efficiency, and adopting the latest technological systems. These efforts, he noted, are designed to meet domestic demand, strengthen competitiveness in export
- [AI-driven transformation demands secure digital infrastructure, modern legislation: CBE governor](https://www.dailynewsegypt.com/2025/12/13/ai-driven-transformation-demands-secure-digital-infrastructure-modern-legislation-cbe-governor/) - Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), said that the sweeping transformations driven by artificial intelligence—alongside the opportunities they present to enhance analytical and supervisory capabilities—also introduce a new set of risks. These include regulatory fragmentation, algorithmic bias, data-protection concerns and escalating cyber threats, all of which require robust digital infrastructure and
- [Egypt explores opportunities to boost environmental investment in natural reserves](https://www.dailynewsegypt.com/2025/12/13/egypt-explores-opportunities-to-boost-environmental-investment-in-natural-reserves/) - Manal Awad, Minister of Local Development and Acting Minister of Environment, held a meeting with an investor to explore opportunities for enhancing environmental investment within Egypt’s natural reserves. During the meeting, Awad said that the state currently places environmental investment high among its priorities, describing it as one of the most promising avenues for developing
- [Delta University Honors Zahi Hawass with "Personality of the Year" Award for His Role in Preserving Egyptian Heritage and Enhancing the Global Status of Antiquities\](https://www.dailynewsegypt.com/2025/12/13/delta-university-honors-zahi-hawass-with-personality-of-the-year-award-for-his-role-in-preserving-egyptian-heritage-and-enhancing-the-global-status-of-antiquities/) - Delta University for Science and Technology, led by Dr. Mohamed Rabie Nasser, witnessed a major celebration to honor the Egyptian archaeologist Dr. Zahi Hawass and grant him the "Personality of the Year" award for this year. This tribute comes in recognition of his pioneering contributions and significant efforts in serving Egyptian culture and preserving the
- [Abusir excavation unearths massive 5th Dynasty sun complex after century-long wait](https://www.dailynewsegypt.com/2025/12/13/abusir-excavation-unearths-massive-5th-dynasty-sun-complex-after-century-long-wait/) - In 1901, the German Egyptologist Ludwig Borchardt stood on the sands of Abusir, certain he had located the entrance to a lost temple of the Fifth Dynasty. Yet, he could go no further; a high water table acted as a barrier, sealing the ruins beneath the mud and keeping its secrets submerged for over a
- [Opinion | Is now the right time to cut reserve requirements?](https://www.dailynewsegypt.com/2025/12/13/opinion-is-now-the-right-time-to-cut-reserve-requirements/) - The reserve requirement is one of the central monetary-policy instruments used by central banks to regulate liquidity and safeguard financial stability. In Egypt, it represents the share of bank deposits that the Central Bank of Egypt (CBE) requires supervised commercial banks to hold as non-interest-bearing reserves. By setting this ratio, the CBE directly influences banks’
- [saib Bank signs EGP 1.5bn mortgage-finance protocol with Social Housing Fund](https://www.dailynewsegypt.com/2025/12/13/saib-bank-signs-egp-1-5bn-mortgage-finance-protocol-with-social-housing-fund/) - saib Bank has signed a cooperation protocol with the Social Housing and Mortgage Finance Fund to strengthen collaboration in mortgage financing and provide funding for eligible applicants under the Fund’s housing programmes targeting low- and middle-income segments. The protocol was signed by Afdal El-Sayed Naguib, Chief Executive Officer and Managing Director of saib Bank, and
- [Egypt’s external debt reaches $161.2bn in June 2025: CBE](https://www.dailynewsegypt.com/2025/12/13/egypts-external-debt-reaches-161-2bn-in-june-2025-cbe/) - Egypt’s external debt rose to $161.2bn in June 2025, marking an increase of around $8.3bn, or 5.5%, compared with the end of June 2024, according to data released by the Central Bank of Egypt (CBE). The rise mainly reflected higher disbursements of external loans and credit facilities amounting to $5.4bn, in addition to valuation effects
- [Lead Woman Event Highlights Women’s Leadership in Egypt’s Energy Sector](https://www.dailynewsegypt.com/2025/12/12/lead-woman-event-highlights-womens-leadership-in-egypts-energy-sector/) - Egypt’s Women in Energy Network successfully hosted the Lead Woman: Women’s Leadership event, sponsored by Shell, bringing together senior leaders and professionals to advance dialogue around women’s empowerment, leadership, and allyship in the energy industry. The event opened with remarks from Eleanor Rowley, Managing Director at Capricorn and Founder of the Women in Energy Network,
- [Servier Egypt launches Tibsovo as first targeted therapy for IDH1-mutated cancers](https://www.dailynewsegypt.com/2025/12/10/servier-egypt-launches-tibsovo-as-first-targeted-therapy-for-idh1-mutated-cancers/) - Servier Egypt has launched Tibsovo (ivosidenib), the first targeted therapy available in the country for patients with IDH1-mutated Acute Myeloid Leukemia (AML) and intrahepatic cholangiocarcinoma. The new treatment offers a median overall survival of 29.3 months for eligible AML patients and 10.3 months for those with intrahepatic cholangiocarcinoma, according to clinical data cited by the
- [Egypt, Belarus explore expanded health cooperation, joint pharmaceutical production](https://www.dailynewsegypt.com/2025/12/10/egypt-belarus-explore-expanded-health-cooperation-joint-pharmaceutical-production/) - Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, met on Wednesday with Belarusian Ambassador Yevgeny Sobolevsky to discuss expanding cooperation in pharmaceuticals, medical technology and joint manufacturing, the Health Ministry said in a statement. Abdel Ghaffar underscored the strong and steadily growing relations between the two countries, noting that the health sector is one
- [UN rejects Israeli claim of ‘new Gaza border’ as humanitarian crisis worsens](https://www.dailynewsegypt.com/2025/12/10/un-rejects-israeli-claim-of-new-gaza-border-as-humanitarian-crisis-worsens/) - The United Nations has rejected remarks by Israeli Chief of Staff Eyal Zamir claiming that the “yellow line in Gaza represents the new border,” emphasizing that the organization does not recognize any change to the territory’s internationally accepted boundaries. “We strongly oppose any alteration to the borders of Gaza and Israel,” UN spokesperson Stéphane Dujarric
- [Egypt’s urban inflation eases to 12.3% in November 2025](https://www.dailynewsegypt.com/2025/12/10/egypts-urban-inflation-eases-to-12-3-in-november-2025/) - Egypt’s urban inflation eased slightly in November 2025, dipping to 12.3% from 12.5% in October, according to data released on Wednesday by the Central Agency for Public Mobilisation and Statistics (CAPMAS). Monthly inflation slowed markedly to 0.3%, compared with 1.8% in the previous month. CAPMAS reported that the nationwide consumer price index reached 263.8 points
- [Deli Group breaks ground on new factory in 10th of Ramadan City](https://www.dailynewsegypt.com/2025/12/10/deli-group-breaks-ground-on-new-factory-in-10th-of-ramadan-city/) - Deli Group, one of the world’s largest companies in office supplies, stationery and workplace solutions, has laid the foundation stone for its new factory in 10th of Ramadan City during a high-level ceremony. The Group holds a strong global position, with international sales exceeding $6 billion annually. It operates in more than 100 countries and
- [Silver hits all-time high at $61 per ounce, up 110% year-to-date](https://www.dailynewsegypt.com/2025/12/10/silver-hits-all-time-high-at-61-per-ounce-up-110-year-to-date/) - Silver prices surged to a historic peak on Wednesday, hitting $61 per ounce for the first time, supported by strong industrial demand, rising expectations of U.S. interest-rate cuts, and persistent supply pressures, according to a new report by the Safe Haven Hub. Silver has now gained 110% since the start of 2025, outperforming gold and
- [African food safety officials convene in Cairo to align regulations for free trade zone](https://www.dailynewsegypt.com/2025/12/10/african-food-safety-officials-convene-in-cairo-to-align-regulations-for-free-trade-zone/) - Egypt hosted the second meeting of the African Food Regulatory Authorities Forum (AFRAF) on Wednesday, gathering officials from across the continent to harmonise safety standards and support the African Continental Free Trade Area. The two-day meeting, held on the sidelines of the Food Africa 2025 exhibition, aims to strengthen regulatory cooperation and modernise food safety
- [Egypt reports sharp drop in waste burning incidents during autumn 2025](https://www.dailynewsegypt.com/2025/12/10/egypt-reports-sharp-drop-in-waste-burning-incidents-during-autumn-2025/) - Egypt recorded a significant decline in open burning incidents to 1,116 points during the autumn of 2025 compared to 3,490 the previous year, while the collection of rice straw rose to 2.7 million tonnes, Minister of Local Development and Acting Minister of Environment Manal Awad said on Wednesday. Presenting a report on measures to combat
- [Egyptian Golf Federation hails 'historic' financial turnaround as international focus returns](https://www.dailynewsegypt.com/2025/12/10/egyptian-golf-federation-hails-historic-financial-turnaround/) - Under the leadership of President Omar Hisham Talaat, the Egyptian Golf Federation reported a "historic" surplus of EGP 7m generated in just seven months.
- [Egypt launches mobile app to streamline investor support, industrial complaints](https://www.dailynewsegypt.com/2025/12/10/egypt-launches-mobile-app-to-streamline-investor-support-industrial-complaints/) - The Egyptian Ministry of Industry has launched a new mobile application, Investor Support, aimed at simplifying the submission and tracking of industrial complaints and inquiries. Available on both Android and iOS, the app provides investors with a direct communication channel to the Ministry of Industry and all entities within the Ministerial Group for Industrial Development,
- [Egypt’s exports rise 28.2% in September 2025 as trade deficit narrows](https://www.dailynewsegypt.com/2025/12/10/egypts-exports-rise-28-2-in-september-2025-as-trade-deficit-narrows/) - The Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its monthly Foreign Trade Data bulletin for September 2025, reporting a notable improvement in Egypt’s trade performance. The trade deficit fell to $3.3bn in September 2025, compared with $4.5bn in the same month of the previous year, marking a decline of 27.6%. Exports increased by
- [Foundation stone laid for $70m Xinmin Glass factory in Sokhna Industrial Zone](https://www.dailynewsegypt.com/2025/12/10/foundation-stone-laid-for-70m-xinmin-glass-factory-in-sokhna-industrial-zone/) - The Suez Canal Economic Zone (SCZONE) held a ceremony on Wednesday to lay the foundation stone for the Xinmin Glass factory in “Sokhna 360,” the fully integrated industrial city being developed by El Sewedy Industrial Development within the Sokhna Industrial Zone. The event was attended by Suez Governor Tarek El-Shazly; Ahmed Gamal, SCZONE Vice Chair
- [Egypt, EBRD discuss boosting finance in petroleum, mining sectors](https://www.dailynewsegypt.com/2025/12/10/egypt-ebrd-discuss-boosting-finance-in-petroleum-mining-sectors/) - Egypt’s Petroleum and Mineral Resources Minister Karim Badawi has held talks with a high-level delegation from the European Bank for Reconstruction and Development (EBRD), comprising Natalia Lacurzana, the bank’s Regional Head for Natural Resources; Amr Salem, Investment Lead for Oil and Mining in Egypt; and Menna Zekrallah, Deputy Head for Corporate Sector Operations in Egypt.
- [Egypt's Kouchouk tells business leaders new tax package aims to restore private sector confidence](https://www.dailynewsegypt.com/2025/12/10/egypts-kouchouk-tells-business-leaders-new-tax-package-aims-to-restore-private-sector-confidence/) - Finance Minister Ahmed Kouchouk began a community dialogue with the Federation of Chambers of Commerce on Wednesday, telling business representatives that the country’s political leadership is committed to a "partnership of trust" with the private sector. Speaking at the federation's headquarters, Kouchouk addressed the commercial community directly regarding the government’s second package of tax facilities.
- [Beyond the Boycott: Inside the Struggle to Rewrite Malaysia’s Palm Oil Narrative](https://www.dailynewsegypt.com/2025/12/10/beyond-the-boycott-inside-the-struggle-to-rewrite-malaysias-palm-oil-narrative/) - KUALA LUMPUR, Malaysia — The air inside the Kuala Lumpur Convention Centre was sterile and frigid, a stark, air-conditioned contrast to the humid embrace of the tropical outdoors. Inside, scientists in tailored suits debated lipid profiles and smoke points under fluorescent lights. Outside, just a few hours’ drive away, the subject of their debate—the oil
- [UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list](https://www.dailynewsegypt.com/2025/12/10/unesco-adds-egypts-national-dish-koshary-to-intangible-cultural-heritage-list/) - The United Nations Educational, Scientific and Cultural Organization (UNESCO) has inscribed "Egyptian Koshary" on the Representative List of the Intangible Cultural Heritage of Humanity for 2025, marking the first time an Egyptian culinary dish has received the designation. The announcement was made during meetings of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural
- [Egyptian Cabinet prepares new data law and stricter fines to combat misinformation](https://www.dailynewsegypt.com/2025/12/10/egyptian-cabinet-prepares-new-data-law-and-stricter-fines-to-combat-misinformation/) - Egypt plans to amend its Penal Code to increase fines for spreading rumours and fake news, the Cabinet said on Wednesday, after concluding that current financial penalties are insufficient deterrents against misinformation. During a meeting chaired by Prime Minister Mostafa Madbouly at the New Administrative Capital, the Cabinet tasked the Ministry of Justice with drafting
- [Plug expands EV charging network across Egypt’s premium residential compounds](https://www.dailynewsegypt.com/2025/12/09/plug-expands-ev-charging-network-across-egypts-premium-residential-compounds/) - Plug, a developer of electric vehicle (EV) charging solutions and a subsidiary of Elsewedy Electric, has signed a partnership agreement with PRE Group to install and operate smart EV chargers throughout the Stone Residence residential compound. The new chargers will be available to all residents. The collaboration supports Plug’s wider strategy to expand Egypt’s EV
- [Nawy unveils +Partners platform to elevate real estate brokerage across Egypt](https://www.dailynewsegypt.com/2025/12/09/nawy-unveils-partners-platform-to-elevate-real-estate-brokerage-across-egypt/) - Nawy Partners announced the launch of its new +Partners platform during its 2025 annual conference, “Nawy Partners ’25 | The Future of Real Estate in Egypt.” The enhanced model is designed to offer comprehensive support to real estate brokers through integrated technology, improved financial solutions, and advanced marketing tools. The platform streamlines daily brokerage operations,
- [New tax facilitation package offers broad incentives for fully compliant taxpayers: ETA chair](https://www.dailynewsegypt.com/2025/12/09/new-tax-facilitation-package-offers-broad-incentives-for-fully-compliant-taxpayers-eta-chair/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that Finance Minister Ahmed Kouchouk has released the second package of tax facilitation measures for public consultation, inviting the business community to submit feedback and proposals. The initiative, she said, aims to strengthen long-term tax compliance, deepen trust, and reinforce a genuine partnership between
- [Egypt accelerates equipment rollout for public service complexes under Decent Life initiative](https://www.dailynewsegypt.com/2025/12/09/egypt-accelerates-equipment-rollout-for-public-service-complexes-under-decent-life-initiative/) - Egypt’s Ministry of Local Development announced on Tuesday that Minister Manal Awad held two high-level meetings with officials from the ministries of communications, local development, and environment to assess progress on digital transformation efforts and the rollout of equipment for government service complexes under the “Decent Life” rural development initiative. According to the ministry’s statement,
- [Egypt forms joint taskforce to shape new tourism investment plan](https://www.dailynewsegypt.com/2025/12/09/egypt-forms-joint-taskforce-to-shape-new-tourism-investment-plan/) - Hassan El-Khatib, Minister of Investment and Foreign Trade, met on Sunday with Sherif Fathy, Minister of Tourism and Antiquities, and Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities at the New Administrative Capital to discuss mechanisms for strengthening investment in Egypt’s tourism sector. El-Khatib opened the meeting by underscoring the need for a comprehensive
- [Blair dropped from US Gaza governance plan after Arab objections](https://www.dailynewsegypt.com/2025/12/09/blair-dropped-from-us-gaza-governance-plan-after-arab-objections/) - Former British Prime Minister Tony Blair has been excluded from a proposed role in administering Gaza under US President Donald Trump’s plan to end the war, due to strong objections from Arab and Islamic states, the Financial Times reported, citing well-informed sources. Blair had been the most prominent candidate for a “peace council” intended to
- [Madbouly inaugurates LEONI Egypt’s expanded wiring harness plant in Badr City](https://www.dailynewsegypt.com/2025/12/09/madbouly-inaugurates-leoni-egypts-expanded-wiring-harness-plant-in-badr-city/) - Prime Minister Mostafa Madbouly inaugurated LEONI Egypt’s new automotive wiring harness factory in Badr City on Sunday and toured several of its production lines following the opening of the state-of-the-art facility, which spans 14,000 sqm. Madbouly stated that Egypt has established itself as a global hub for automotive wiring harness manufacturing, hosting several of the
- [Food Africa expo opens in Cairo with 1,200 firms as Egypt eyes export growth](https://www.dailynewsegypt.com/2025/12/09/food-africa-expo-opens-in-cairo-with-1200-firms-as-egypt-eyes-export-growth/) - Egypt has designated the food industry as one of 28 priority investment opportunities targeted for deeper local manufacturing, Deputy Prime Minister Kamel Al-Wazir said on Tuesday, as the government seeks to boost high-value exports. Speaking at the inauguration of the 10th "Food Africa" exhibition, Al-Wazir stated that the sector was selected based on its capacity
- [Renewable shift offers chance to close gender gap in energy sector: Al-Mashat](https://www.dailynewsegypt.com/2025/12/09/renewable-shift-offers-chance-to-close-gender-gap-in-energy-sector-al-mashat/) - Women are playing an increasingly vital role in Egypt's energy and heavy industries, including managing the country's largest mine, Planning Minister Rania Al-Mashat said on Tuesday, as she called for closing the gender gap in traditionally male-dominated sectors. Speaking at the third annual conference of the Regional Network in Energy for Women in the Middle
- [Egypt’s Electricity Minister, UK Ambassador discuss expanding renewable energy cooperation](https://www.dailynewsegypt.com/2025/12/09/egypts-electricity-minister-uk-ambassador-discuss-expanding-renewable-energy-cooperation/) - Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, met with the United Kingdom’s new Ambassador to Cairo, Mark Bryson-Richardson, at the ministry’s headquarters in the New Administrative Capital to explore opportunities for deeper cooperation and investment in the renewable energy sector. The meeting aligns with Egypt’s national strategy to scale up renewable energy within
- [China’s Fountain set to invest $100m in new textile complex in Egypt](https://www.dailynewsegypt.com/2025/12/09/chinas-fountain-set-to-invest-100m-in-new-textile-complex-in-egypt/) - Hossam Heiba, Chairperson of the General Authority for Investment and Free Zones (GAFI), has met with a delegation from Fountain Set Limited, one of China’s largest textile manufacturers, alongside representatives from Elegance Apparel Garments Freezone, which operates in the Shebin El-Kom Free Zone. During the meeting, Fountain Set outlined its plans to expand into the
- [Egypt’s Investment Minister says private sector key to renewable energy goals](https://www.dailynewsegypt.com/2025/12/09/egypts-investment-minister-says-private-sector-key-to-renewable-energy-goals/) - Expansion in renewable energy cannot be completed without enhancing private sector participation, Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib said, emphasising that structural reforms are empowering investors to enter strategic projects. Speaking during a panel discussion in Saudi Arabia, El-Khatib stated that Egypt is currently working to raise the level of private sector
- [Opinion | German Democracy: A System Built by Society](https://www.dailynewsegypt.com/2025/12/09/opinion-german-democracy-a-system-built-by-society/) - Seventy-five years after the establishment of the Federal Republic in 1949, the German democratic experience appears to be one of the most stable in the world. This stability was not the result of a political decision or a constitutional text alone, but the outcome of a long journey in which Germany rebuilt itself after a
- [Opinion | The Middle East and Trump’s New Strategy](https://www.dailynewsegypt.com/2025/12/09/opinion-the-middle-east-and-trumps-new-strategy/) - US President Donald Trump has unveiled a comprehensive strategic document aimed at reshaping Washington’s global role, particularly in the Western Hemisphere, and redefining its relationship with China, which has become America’s most formidable challenger. The strategy, published by The Atlantic and Foreign Affairs, revives the Monroe Doctrine, which views the Western Hemisphere as an exclusive
- [Egypt's Abdelatty urges rapid formation of Gaza stability force in call with Rubio](https://www.dailynewsegypt.com/2025/12/09/egypts-abdelatty-urges-rapid-formation-of-gaza-stability-force-in-call-with-rubio/) - Egypt stressed the need to speed up the formation of an international stability force in Gaza and establish a Palestinian technocratic committee to manage the enclave, Foreign Minister Badr Abdelatty told US Secretary of State Marco Rubio on Tuesday. During a phone call to discuss the implementation of President Donald Trump’s plan and the consolidation
- [Egypt's Al-Mashat receives Global Leadership Award in Doha, highlights $97bn African FDI](https://www.dailynewsegypt.com/2025/12/09/egypts-al-mashat-receives-global-leadership-award-in-doha-highlights-97bn-african-fdi/) - Egyptian Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat received the Global Leadership Award from the Choiseul Institute on Tuesday, citing a surge in foreign direct investment as evidence of strengthening partnerships between Africa and the Gulf. Speaking at the African-Gulf Dialogue held on the sidelines of the Doha Forum, Al-Mashat noted that
- [Pakistanis see economic stability and low bribery rates, though police corruption persists: Transparency International](https://www.dailynewsegypt.com/2025/12/08/pakistanis-see-economic-stability-and-low-bribery-rates-though-police-corruption-persists-transparency-international/) - 78% of Pakistanis said anti-corruption institutions, such as the National Accountability Bureau (NAB) and FIA, should themselves be answerable and transparent.
- [Egypt reviews plans for first national medical simulation centre](https://www.dailynewsegypt.com/2025/12/08/egypt-reviews-plans-for-first-national-medical-simulation-centre/) - Egypt’s Health Minister Khaled Abdel Ghaffar reviewed progress on the country's first national medical simulation and clinical training centre, known as the “Nile” project, during a meeting on Monday, according to the Ministry of Health. Abdel Ghaffar described the centre as a “major leap” in medical education, aimed at providing healthcare professionals with realistic simulation
- [Israel escalates military action in Gaza, violates ceasefire amid rising casualties](https://www.dailynewsegypt.com/2025/12/08/israel-escalates-military-action-in-gaza-violates-ceasefire-amid-rising-casualties/) - Tensions in Gaza have reached new heights as the Health Ministry reported five additional fatalities over the past 24 hours, including three newly confirmed deaths, along with 11 injuries. The ministry stated that two bodies had been recovered, though an unknown number of victims remain trapped under rubble, with ambulance crews unable to reach them
- [Al-Sisi, Haftar discuss Libya stability, call for withdrawal of foreign forces](https://www.dailynewsegypt.com/2025/12/08/al-sisi-haftar-discuss-libya-stability-call-for-withdrawal-of-foreign-forces/) - Egypt’s President Abdel Fattah Al-Sisi met with Libyan National Army (LNA) Commander Khalifa Haftar in Cairo on Monday to discuss Libya's stability and the broader regional situation. The meeting underscored Egypt’s firm commitment to Libya’s unity and sovereignty, with both leaders calling for the immediate withdrawal of all foreign forces and mercenaries from Libyan territory.
- [Egyptian Commercial Service launches first SCZONE investment promotion mission to U.S.](https://www.dailynewsegypt.com/2025/12/08/egyptian-commercial-service-launches-first-sczone-investment-promotion-mission-to-u-s/) - The Egyptian Commercial Service (ECS) office in Washington, headed by Minister Plenipotentiary for Commercial Affairs Yehia El Wathik Bellah, organised Suez Canal Economic Zone (SCZONE) Chairperson Walid Gamal El-Din’s first promotional mission to the United States from 1 to 5 December 2025. Covering Washington, D.C. and New York, the visit aimed to showcase investment opportunities
- [GAFI unveils updated framework for financial valuation, due diligence](https://www.dailynewsegypt.com/2025/12/08/gafi-unveils-updated-framework-for-financial-valuation-due-diligence/) - The General Authority for Investment and Free Zones (GAFI) has officially approved an updated technical and regulatory framework for corporate valuation and pre-investment financial due diligence. This move is part of Egypt's broader efforts to improve the business climate and offer more efficient, transparent services to investors. The announcement followed the final meeting of the
- [Egypt, France discuss ways to advance investment cooperation, streamline customs procedures](https://www.dailynewsegypt.com/2025/12/08/egypt-france-discuss-ways-to-advance-investment-cooperation-streamline-customs-procedures/) - The General Authority for Investment and Free Zones (GAFI) held an expanded meeting with French Ambassador to Egypt Éric Chevallier and Egyptian Customs Authority Chairperson Ahmed Amoui, bringing together senior French officials and representatives of French companies operating in the Egyptian market to discuss ways to strengthen investment cooperation and improve the business environment. The
- [Egypt to build freight terminal at Qous Station on High-Speed Rail to boost Qena Industrial Zone](https://www.dailynewsegypt.com/2025/12/08/egypt-to-build-freight-terminal-at-qous-station-on-high-speed-rail-to-boost-qena-industrial-zone/) - Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, recently conducted a comprehensive inspection tour of the second line of Egypt’s high-speed electric rail network, which spans 1,100 km from October to Aswan, including a key section from Luxor to Sohag. The tour, attended by the governors of Luxor,
- [Egypt’s ready-made garments exports surge to $2.8bn in 2025, up 22% year-on-year](https://www.dailynewsegypt.com/2025/12/08/egypts-ready-made-garments-exports-surge-to-2-8bn-in-2025-up-22-year-on-year/) - Egypt's ready-made garments sector has seen remarkable growth in exports, reaching $2.8bn in the first 10 months of 2025, a 22% increase from $2.3bn during the same period last year. The achievement was highlighted in the Apparel Export Council of Egypt’s monthly report, which identified the leading export destinations. The United States topped the list,
- [Seha Healthcare signs management contract for Mohamed Farid Khamis Hospital in 10th of Ramadan](https://www.dailynewsegypt.com/2025/12/08/seha-healthcare-signs-management-contract-for-mohamed-farid-khamis-hospital-in-10th-of-ramadan/) - Seha Healthcare has signed a management contract for Mohamed Farid Khamis Hospital in 10th of Ramadan City, Sharqeya, marking a significant step in the company’s expansion strategy. This move is part of Seha’s plan to restructure and enhance the hospital’s administrative and operational functions, improve service quality, and increase its current capacity of 60 beds.
- [Egypt approves incentive package to fast-track green, sustainable construction in new cities](https://www.dailynewsegypt.com/2025/12/08/egypt-approves-incentive-package-to-fast-track-green-sustainable-construction-in-new-cities/) - The New Urban Communities Authority (NUCA), chaired by Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, has approved a comprehensive package of urban-planning incentives designed to encourage real estate developers to adopt green and sustainable construction practices across Egypt’s new cities. The move aligns with the state’s broader strategy to establish environmentally responsible urban
- [EgyptAnode ships first export batch since restart: Public Enterprises Ministry](https://www.dailynewsegypt.com/2025/12/08/egyptanode-ships-first-export-batch-since-restart-public-enterprises-ministry/) - The Ministry of Public Enterprises announced that the Egyptian Carbon Anode Blocks Company (EgyptAnode), a subsidiary of the Metallurgical Industries Holding Company, has exported its first shipment of calcined petroleum coke since operations resumed last October after a shutdown of more than two years. The milestone supports the Ministry’s strategy to boost production, expand exports,
- [Romania eyes energy, logistics corridor with Egypt to mark 120-year ties: Ambassador](https://www.dailynewsegypt.com/2025/12/08/romania-eyes-energy-logistics-corridor-with-egypt-to-mark-120-year-ties-ambassador/) - As Romania and Egypt approach the 120th anniversary of their diplomatic relations in 2026, the partnership between the two nations is poised for a significant transformation. Moving beyond historical ties, both Cairo and Bucharest are looking to redefine their cooperation through green energy, digital innovation, and strategic logistics connecting the Black Sea to the Suez
- [Egypt finalising tender documents for Hurghada airport management](https://www.dailynewsegypt.com/2025/12/08/egypt-finalising-tender-documents-for-hurghada-airport-management/) - Egypt is finalising the technical and regulatory studies required to offer the management and operation of Hurghada International Airport to the private sector, Civil Aviation Minister Sameh El-Hefny said on Monday. The announcement came following a meeting at the New Administrative Capital with an International Finance Corporation (IFC) delegation led by Cheick-Oumar Sylla, the regional
- [Egypt PM urges FAO to support food chains in Gaza, Sudan](https://www.dailynewsegypt.com/2025/12/08/egypt-pm-urges-fao-to-support-food-chains-in-gaza-sudan/) - Egyptian Prime Minister Mostafa Madbouly on Monday called on the United Nations Food and Agriculture Organization (FAO) to play a more effective role in supporting nations facing acute food supply chain disruptions, specifically citing the crises in Gaza and Sudan. Speaking on behalf of President Abdel Fattah al-Sisi at the opening of the 3rd Global
- [EBRD, National Bank of Egypt sign $100m facility to support small businesses](https://www.dailynewsegypt.com/2025/12/08/ebrd-national-bank-of-egypt-sign-100m-facility-to-support-small-businesses/) - The European Bank for Reconstruction and Development (EBRD) has signed a $100m financing agreement with the National Bank of Egypt (NBE) to support micro, small and medium-sized enterprises (MSMEs), the Egyptian Ministry of Planning said on Monday. The facility, witnessed by Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat, is designed to develop
- [EBRD’s first vice president to visit Egypt for strategic talks](https://www.dailynewsegypt.com/2025/12/07/ebrds-first-vice-president-to-visit-egypt-for-strategic-talks/) - The First Vice President of the European Bank for Reconstruction and Development (EBRD), Greg Guyett, is scheduled to visit Egypt from 8 to 10 December 2025 for high-level meetings with Egyptian government officials and private-sector representatives. Guyett will be accompanied by Matteo Patrone, EBRD Vice President for Banking; Mark Davis, Managing Director for the Southern
- [BakeLand Egypt plans new 10,000-sqm factory to boost output fivefold](https://www.dailynewsegypt.com/2025/12/07/bakeland-egypt-plans-new-10000-sqm-factory-to-boost-output-fivefold/) - BakeLand Egypt, a subsidiary of RMC Group, has introduced its first locally produced alternative to imported bakery ingredients at Food Africa 2025. The launch coincides with an export expansion into six new countries this year, including Germany, Italy, the United States, Thailand, and Pakistan, with agreements for Paraguay starting next year. Imam Abou Zeid, Commercial
- [KABO for clothing boosts daily capacity to 85,000 pieces, expands to 78 production lines](https://www.dailynewsegypt.com/2025/12/07/kabo-for-clothing-boosts-daily-capacity-to-85000-pieces-expands-to-78-production-lines/) - El Nasr Clothing and Textiles Company (KABO) announced the rollout of a comprehensive development and expansion plan for its factories in Amreya and Hadra, a move that will raise the company’s total production capacity to more than 85,000 pieces per day once the upgrades are completed. The plan also increases the number of production lines
- [Amazon Egypt expands storage capacity amid rising demand, local manufacturing boom](https://www.dailynewsegypt.com/2025/12/07/amazon-egypt-expands-storage-capacity-amid-rising-demand-local-manufacturing-boom/) - Egypt has endured one of the most challenging economic periods in its recent history over the past two years. Surging inflation and sharp exchange-rate volatility have reshaped consumer behaviour, pushing households to prioritise essential goods over discretionary spending. According to Omar Elsahy, General Manager of Amazon Egypt, this shift has been clearly reflected in purchasing
- [Egypt calls for inclusive Nile Basin dialogue, warns against ‘hostile rhetoric’](https://www.dailynewsegypt.com/2025/12/07/egypt-calls-for-inclusive-nile-basin-dialogue-warns-against-hostile-rhetoric/) - Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, stressed on Sunday that the challenges facing the Nile Basin cannot be resolved through unilateral measures. He called for renewed inclusivity and trust-building within the Nile Basin Initiative (NBI) as the only viable path toward sustainable cooperation. Speaking at the 33rd Nile-COM ministerial meeting in Bujumbura,
- [Egypt, Qatar press for full implementation of Gaza ceasefire](https://www.dailynewsegypt.com/2025/12/07/egypt-qatar-press-for-full-implementation-of-gaza-ceasefire/) - Egypt and Qatar, the two main mediators, alongside the United States, in securing the Gaza ceasefire, urged on Sunday the withdrawal of Israeli forces from the Strip and the deployment of an international stabilization force. Both steps, they said, are essential for fully implementing the agreement amid mounting concerns over daily violations and the fragility
- [New projects, expansions underway at Egyptalum: Public Enterprises Minister](https://www.dailynewsegypt.com/2025/12/07/new-projects-expansions-underway-at-egyptalum-public-enterprises-minister/) - Mohamed El-Shimy, Minister of the Public Enterprises Sector, announced that several strategic projects and expansions are currently being implemented at Egyptalum in Nagaa Hammadi, a subsidiary of the Metallurgical Industries Holding Company. These initiatives aim to strengthen the company’s production capacity and competitiveness while introducing modern product lines that align with market developments and rising
- [GAFI launches guideline for cash investment Incentive to support industrial projects](https://www.dailynewsegypt.com/2025/12/07/gafi-launches-guideline-for-cash-investment-incentive-to-support-industrial-projects/) - Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), announced the release of the official guideline for the new cash investment incentive dedicated to industrial projects. The initiative reflects the government’s commitment to transparency, clarity, streamlined procedures, and accessible information for investors. Heiba confirmed that the guideline is now available to
- [Egypt’s tax revenues rise by EGP 600bn as private sector boosts investment in FY 2024/25](https://www.dailynewsegypt.com/2025/12/07/egypts-tax-revenues-rise-by-egp-600bn-as-private-sector-boosts-investment-in-fy-2024-25/) - Finance Minister Ahmed Kouchouk said the private sector’s strong response to the government’s tax-relief initiative has encouraged the ministry to launch a second package. He highlighted that tax revenues increased by EGP 600bn during the last fiscal year without imposing any additional burdens, thanks to a confidence-based partnership framework with the business community. Speaking at
- [Egypt launches initiative to transform petroleum waste into value-added resources](https://www.dailynewsegypt.com/2025/12/07/egypt-launches-initiative-to-transform-petroleum-waste-into-value-added-resources/) - Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, and Minister of Petroleum and Mineral Resources, Karim Badawi, witnessed on Sunday the signing of a cooperation protocol aimed at transforming petroleum-sector waste into value-added resources. The signing took place at the Electricity Ministry’s headquarters in the New Capital. The agreement forms part of a broader
- [IDG launches e2 New October industrial park with EGP 4.8bn investment](https://www.dailynewsegypt.com/2025/12/07/idg-launches-e2-new-october-industrial-park-with-egp-4-8bn-investment/) - Industrial Development Group (IDG) has announced the launch of its newest industrial park, e2 New October, in New October City. With investments totalling EGP 4.8bn and spanning 1.6 million sqm, the project represents a significant step forward in the development of integrated industrial communities in Egypt. The initiative aims to strengthen local manufacturing, attract direct
- [Egyptian developers offer unprecedented cash discounts amid mounting market pressures](https://www.dailynewsegypt.com/2025/12/07/egyptian-developers-offer-unprecedented-cash-discounts-amid-mounting-market-pressures/) - “It is impossible for residential unit prices to drop, unlike cars,” said Osama Saad, CEO of the Real Estate Development Chamber, as developers grapple with rising costs and shifting market conditions. Saad explained that recent fluctuations in the exchange rate and construction material prices prompted a series of meetings with developers to explore potential price
- [Egyptian senator proposes unified digital, regulatory framework to organise property market](https://www.dailynewsegypt.com/2025/12/07/egyptian-senator-proposes-unified-digital-regulatory-framework-to-organise-property-market/) - Deputy Leader of the Wafd Party bloc in the Egyptian Senate, Yasser Qoura, has submitted the first “proposal by request” to the Senate’s housing committee during the second legislative term, outlining a comprehensive plan to better regulate Egypt’s real estate market. Qoura said the proposal is centred on establishing a unified digital, financial and regulatory
- [M squared partners with Alpha X to launch Fitness Racing series at Grand Egyptian Museum](https://www.dailynewsegypt.com/2025/12/07/m-squared-partners-with-alpha-x-to-launch-fitness-racing-series-at-grand-egyptian-museum/) - M squared has partnered with Alpha X to sponsor a three-year series of “Fitness Racing” endurance events at the Grand Egyptian Museum, marking a significant expansion of the company’s lifestyle and community-focused initiatives. Karim Malash, Chairperson and CEO of M squared, announced the strategic partnership, saying it reflects the company’s broader vision to enhance lifestyle
- [Wadi Valley, EGY Company partner to offer Glory Club memberships to clients of The Capital project](https://www.dailynewsegypt.com/2025/12/07/wadi-valley-egy-company-partner-to-offer-glory-club-memberships-to-clients-of-the-capital-project/) - Wadi Valley Developments has signed a partnership agreement with EGY Company for Sporting Services to provide exclusive memberships at Glory Club for residents of The Capital project in 10th of Ramadan City. The agreement aligns with Wadi Valley’s strategy to offer added-value services that enhance the living experience for its clients. Samir Aref, Chairperson of
- [Egypt plans new policies to drive private sector growth in tourism, energy,  health](https://www.dailynewsegypt.com/2025/12/07/egypt-plans-new-policies-to-drive-private-sector-growth-in-tourism-energy-health/) - Egypt is preparing a new package of policies and facilitations designed to increase private sector investment in targeted economic sectors, Prime Minister Mostafa Madbouly said on Sunday. Madbouly instructed relevant ministries to draft the new measures to support the state’s comprehensive development goals, aiming to create jobs and increase production and export volumes. The prime
- [Egypt’s net international reserves rise to $50.215bn in November](https://www.dailynewsegypt.com/2025/12/07/egypts-net-international-reserves-rise-to-50-215bn-in-november/) - The Central Bank of Egypt (CBE) announced that the country’s net international reserves increased to $50.215bn in November 2025, up from $50.071bn in October, a rise of $144.4m. The CBE noted that gold holdings within the reserves climbed to $17.252bn in November, compared to $16.545bn the previous month, marking an increase of $798m. Meanwhile, the
- [Egypt launches National Health Compact to expand access to quality care](https://www.dailynewsegypt.com/2025/12/06/egypt-launches-national-health-compact-to-expand-access-to-quality-care/) - Egypt has joined 14 other countries in launching a National Health Compact, marking a major step toward expanding access to quality and affordable healthcare for millions of citizens. The initiative aligns with the World Bank Group’s goal, set in April 2024, of providing essential health services to 1.5 billion people globally by 2030. Under the
- [Eight Arab, Muslim states reject any displacement of Palestinians](https://www.dailynewsegypt.com/2025/12/06/eight-arab-muslim-states-reject-any-displacement-of-palestinians/) - Eight Arab and Muslim countries–Egypt, Saudi Arabia, Qatar, Jordan, the UAE, Türkiye, Pakistan, and Indonesia–expressed concern over Israeli statements suggesting that the Rafah crossing could be used unilaterally to move Gaza’s population into Egypt. In a joint statement, their foreign ministers said they “categorically reject any attempt to displace the Palestinian people.” The statement called
- [Al-Sisi reviews expansion of Japanese school model in Egypt](https://www.dailynewsegypt.com/2025/12/06/al-sisi-reviews-expansion-of-japanese-school-model-in-egypt/) - Egyptian President Abdel Fattah Al-Sisi met on Saturday with a delegation of Japanese education experts to discuss enhancing cooperation on the Japanese school model in Egypt, praising Japan’s disciplined and effective contribution to improving teaching quality, according to the presidency. Presidential spokesperson Mohamed El-Shenawy said Al-Sisi welcomed the experts and underscored Japan’s key role in
- [IMF praises Egypt’s notable progress on investment, trade reforms](https://www.dailynewsegypt.com/2025/12/06/imf-praises-egypts-notable-progress-on-investment-trade-reforms/) - The International Monetary Fund (IMF) mission, currently in Cairo to conduct the fifth and sixth reviews of Egypt’s Extended Fund Facility programme, has commended the substantial progress achieved in the country’s investment and trade reform files. The mission affirmed that Egypt’s economic vision has become “clearer and more coherent”, noting that recent measures demonstrate the
- [Egypt forecasts economic growth of at least 5% this fiscal year, minister tells IMF](https://www.dailynewsegypt.com/2025/12/06/egypt-forecasts-economic-growth-of-at-least-5-this-fiscal-year-minister-tells-imf/) - Egypt expects its economy to grow by at least 5% by the end of the current fiscal year, supported by a continued pace of structural reforms, Planning Minister Rania Al-Mashat said on Saturday. Speaking during a meeting with an International Monetary Fund (IMF) mission in Cairo, Al-Mashat reported that Gross Domestic Product (GDP) growth reached
- [Egypt launches 32nd International Quran Competition with participants from over 70 countries](https://www.dailynewsegypt.com/2025/12/06/egypt-launches-32nd-international-quran-competition-with-participants-from-over-70-countries/) - Egypt on Saturday inaugurated the 32nd edition of the International Holy Quran Competition, held under the patronage of President Abdel Fattah Al-Sisi and named this year after renowned Egyptian reciter Sheikh El-Shahat Mohamed Anwar, one of the country’s most distinguished Quran reciters. Deputy Prime Minister and Health Minister Khaled Abdel Ghaffar attended the opening ceremony,
- [Local liquidity in banking sector rises to EGP 13.68trn in October 2025](https://www.dailynewsegypt.com/2025/12/06/local-liquidity-in-banking-sector-rises-to-egp-13-68trn-in-october-2025/) - The Central Bank of Egypt (CBE) has reported an increase in total local liquidity within the banking sector, reaching EGP 13.686trn in October 2025, up from EGP 13.622trn in September. According to the CBE’s latest report, money supply (M2) rose to EGP 3.679trn, compared to EGP 3.637trn a month earlier. Currency in circulation outside the
- [Egypt, China’s XD Group discuss localising electrical equipment manufacturing](https://www.dailynewsegypt.com/2025/12/06/egypt-chinas-xd-group-discuss-localising-electrical-equipment-manufacturing/) - Mahmoud Essmat, Minister of Electricity and Renewable Energy, met with Zhou Qi Qi, Chairperson of China’s XD Group, and his delegation, in the presence of Mona Rizk, Chairperson of the Egyptian Electricity Transmission Company, and Osama Abdullah, Chairperson of EGEMAC. The meeting focused on strengthening and expanding the partnership between XD and Egypt’s electricity sector,
- [Ras El-Hekma anchors FDI surge as COMESA’s global investment share doubles](https://www.dailynewsegypt.com/2025/12/06/ras-el-hekma-anchors-fdi-surge-as-comesas-global-investment-share-doubles/) - Foreign direct investment (FDI) into the Common Market for Eastern and Southern Africa (COMESA) surged to a record $65bn in 2024, marking a 154% year-on-year increase despite a global downturn in investment flows, according to the inaugural COMESA Investment Report 2025, jointly launched by UN Trade and Development (UNCTAD) and the COMESA Regional Investment Agency
- [SCZONE chair showcases investment opportunities to US institutions, companies](https://www.dailynewsegypt.com/2025/12/06/sczone-chair-showcases-investment-opportunities-to-us-institutions-companies/) - Walid Gamal El-Din, Chairperson of the General Authority for the Suez Canal Economic Zone (SCZONE), concluded his promotional tour in the United States with a series of meetings and engagements with American institutions and companies operating in economic development, energy solutions, and advanced irrigation technologies. The visit aimed to strengthen cooperation and attract further US
- [United Bank to roll out specialised healthcare financing packages, including green financing: Kashmiry](https://www.dailynewsegypt.com/2025/12/06/united-bank-to-roll-out-specialised-healthcare-financing-packages-including-green-financing-kashmiry/) - Nevine Kashmiry, Deputy Managing Director for Business Sectors at United Bank, announced that the bank is preparing to introduce a suite of specialised financing products tailored to the healthcare sector. These include a high-tech medical equipment financing product with flexible repayment plans suited to the operational dynamics of healthcare institutions, as well as dedicated financing
- [HDB deepens green, sustainable finance leadership through new partnership with Frankfurt School](https://www.dailynewsegypt.com/2025/12/06/hdb-deepens-green-sustainable-finance-leadership-through-new-partnership-with-frankfurt-school/) - The Housing and Development Bank (HDB) has signed a Memorandum of Understanding with the Frankfurt School of Finance and Management, under the auspices of the German Agency for International Cooperation (GIZ), as part of the GREET Green Capacity Building Initiative funded by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ). The agreement aims to
- [Social Housing Fund doubles CIB’s mortgage finance allocation to EGP 12bn](https://www.dailynewsegypt.com/2025/12/06/social-housing-fund-doubles-cibs-mortgage-finance-allocation-to-egp-12bn/) - The Social Housing and Mortgage Finance Fund has signed a cooperation protocol with CIB–Egypt, one of the country’s largest private-sector banks, to expand joint efforts in mortgage financing and support beneficiaries of the Fund’s housing programmes targeting low- and middle-income citizens. The protocol was signed by May Abdel Hamid, CEO of the Social Housing and
- [Subsidised mortgage finance for low, middle-income borrowers reach EGP 95.5bn in November 2025](https://www.dailynewsegypt.com/2025/12/06/subsidised-mortgage-finance-for-low-middle-income-borrowers-reach-egp-95-5bn-in-november-2025/) - Banks and mortgage finance companies participating in the state-backed mortgage initiative for low- and middle-income citizens have injected a combined EGP 95.534bn into the programme, benefiting more than 668,504 clients as of November 2025. According to a recent report issued by the Social Housing and Mortgage Finance Fund, 22 participating banks collectively extended EGP 88.775bn
- [EU drafts central energy plan to fix grid bottlenecks and save billions](https://www.dailynewsegypt.com/2025/12/06/eu-drafts-central-energy-plan-to-fix-grid-bottlenecks-and-save-billions/) - The European Union is preparing a centralized plan to prioritize energy investments and bridge infrastructure gaps across the bloc, seeking to tackle grid bottlenecks that threaten climate goals and cost billions of euros annually. Brussels is working on a "comprehensive central scenario" to urge member states to better coordinate energy infrastructure across borders and sectors,
- [Netanyahu's pick for Mossad chief sparks resignation threats over lack of experience](https://www.dailynewsegypt.com/2025/12/06/netanyahus-pick-for-mossad-chief-sparks-resignation-threats-over-lack-of-experience/) - Israeli Prime Minister Benjamin Netanyahu’s decision to appoint his Military Secretary, Major General Roman Gofman, as the new head of the Mossad foreign intelligence agency has sparked a political storm and threats of mass resignations among agency officials, Israeli media reported. Channel 13 cited current and former Mossad officials describing Gofman as a "veteran warrior"
- [US warns NATO allies against 'bullying' American defence firms amid protectionism row](https://www.dailynewsegypt.com/2025/12/06/us-warns-nato-allies-against-bullying-american-defence-firms-amid-protectionism-row/) - US Deputy Secretary of State Christopher Landau has criticised European NATO allies for prioritising domestic defence companies over American suppliers, warning partners against "bullying" US firms or excluding them from the continent's rearmament efforts. According to diplomatic sources cited by Politico, Landau delivered the admonition during a closed-door meeting of NATO foreign ministers on Wednesday,
- [CIB named Egypt's Bank of the Year 2025 as factoring portfolio hits EGP 4bn](https://www.dailynewsegypt.com/2025/12/04/cib-named-egypts-bank-of-the-year-2025-as-factoring-portfolio-hits-egp-4bn/) - Commercial International Bank (CIB) has secured The Banker’s Bank of the Year 2025 award for Egypt, cited for the rapid expansion of its factoring subsidiary and the broadening of its sustainable lending to small and medium-sized enterprises (SMEs). The bank's wholly owned factoring subsidiary, Commercial International Finance Company (CIFC), recorded a portfolio exceeding EGP 4
- [Egypt tackles waste sector funding gaps, local governance reforms](https://www.dailynewsegypt.com/2025/12/03/egypt-tackles-waste-sector-funding-gaps-local-governance-reforms/) - Egypt’s Minister of Local Development and Acting Minister of Environment, Manal Awad, held two meetings on Wednesday with Minister of Finance Ahmed Kouchouk at the ministry’s headquarters in the New Capital to discuss key financial and environmental priorities, including support for the waste management system and strengthening local revenue streams. According to a statement from
- [Egypt, Bulgaria sign protocol to expand economic ties across 19 sectors](https://www.dailynewsegypt.com/2025/12/03/egypt-bulgaria-sign-protocol-to-expand-economic-ties-across-19-sectors/) - Egypt and Bulgaria have signed a protocol to strengthen cooperation across 19 strategic sectors, including renewable energy, industry, and investment, aiming to bolster economic relations ahead of the centenary of diplomatic ties between the two nations. The agreement was finalised at the conclusion of the Egyptian–Bulgarian Joint Committee for Economic, Scientific, and Technical Cooperation in
- [Egypt to swap capital gains for stamp duty to boost stock market investment](https://www.dailynewsegypt.com/2025/12/03/egypt-to-swap-capital-gains-for-stamp-duty-to-boost-stock-market-investment/) - Egypt plans to replace capital gains tax with a stamp duty to stimulate institutional investment in the stock exchange, Finance Minister Ahmed Kouchouk announced on Wednesday, as part of a second package of tax facilities aimed at supporting the business community. Speaking at a weekly press conference in the New Administrative Capital, Kouchouk outlined an
- [Egypt's PM cites optimism on IMF reviews as economic indicators beat targets](https://www.dailynewsegypt.com/2025/12/03/egypts-pm-cites-optimism-on-imf-reviews-as-economic-indicators-beat-targets/) - Prime Minister Mostafa Madbouly stated on Wednesday that there is "optimism" concerning ongoing talks with the International Monetary Fund (IMF) mission, citing positive economic indicators that have surpassed targets in some areas. Speaking at a weekly press conference following a cabinet meeting at the New Administrative Capital, Madbouly confirmed that the IMF mission arrived two
- [Egypt denies coordination with Israel over Rafah crossing](https://www.dailynewsegypt.com/2025/12/03/egypt-denies-coordination-with-israel-over-rafah-crossing/) - Egypt on Wednesday rejected Israeli claims that the two sides had reached an agreement to reopen the Rafah crossing in one direction to allow Palestinians to leave the Gaza Strip, stressing that no coordination or discussions had taken place, according to the State Information Service (SIS). Diaa Rashwan, Head of SIS, said Egypt’s position has
- [Petroleum minister, AngloGold Ashanti discuss expanded investments in Egypt](https://www.dailynewsegypt.com/2025/12/03/petroleum-minister-anglogold-ashanti-discuss-expanded-investments-in-egypt/) - Minister of Petroleum and Mineral Resources Karim Badawi held a meeting in London with Hoda Mansour, Managing Director and Vice Chairperson of Sukari Gold Mines, representing global mining leader AngloGold Ashanti. The talks took place on the sidelines of Badawi’s visit to the UK capital as head of the Egyptian-British business delegation for the mining
- [Egypt, Volkswagen discuss multi-stage plan to localise car manufacturing](https://www.dailynewsegypt.com/2025/12/03/egypt-volkswagen-discuss-multi-stage-plan-to-localise-car-manufacturing/) - Egypt’s Vice Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held a virtual meeting with Thomas Schäfer, CEO of the Volkswagen brand and member of the Volkswagen Group Board of Management, to discuss the company’s plans to begin manufacturing cars in Egypt in the near future. During the talks, Volkswagen
- [Egypt-Greece trade hits $2bn: GAFI](https://www.dailynewsegypt.com/2025/12/03/egypt-greece-trade-hits-2bn-gafi/) - Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI), announced that economic relations between Egypt and Greece continue to strengthen, with bilateral trade reaching approximately $2bn and more than 200 Greek companies now active across various sectors in the Egyptian market. His remarks came during the inaugural Egyptian–Greek Business and
- [UNIDO, partners expand Egypt’s Circular ICT Initiative, unveil new partnership strategy](https://www.dailynewsegypt.com/2025/12/03/unido-partners-expand-egypts-circular-ict-initiative-unveil-new-partnership-strategy/) - The United Nations Industrial Development Organization (UNIDO), the Delegation of the European Union to Egypt, the government of Finland, and the Egyptian ministry of industry, together with major technology partners including Orange Group, Nokia and Cordon, celebrated the progress of the One Circle pilot project since its launch in 2023. During the event, stakeholders announced
- [Tax Authority issues new instructions on offsetting credit, debit balances](https://www.dailynewsegypt.com/2025/12/03/tax-authority-issues-new-instructions-on-offsetting-credit-debit-balances/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that the Authority has issued Instruction No. 46 of 2025, outlining new procedures for offsetting credit and debit balances for registered taxpayers in accordance with Article 50 of Law No. 206 of 2020. She noted that the instructions were introduced in response to requests
- [AOI expands cooperation with leading French defence firms](https://www.dailynewsegypt.com/2025/12/03/aoi-expands-cooperation-with-leading-french-defence-firms/) - The Arab Organization for Industrialization (AOI) signed a Memorandum of Understanding (MoU) and a cooperation agreement with the French company Sofema on the third day of the Egypt Defence Expo (EDEX 2025). The agreements aim to strengthen collaboration in the maintenance and overhaul of aircraft engines. This step aligns with AOI’s ongoing efforts to localise
- [AOI targets regional defence hub status through partnership with Turkey's Amiston](https://www.dailynewsegypt.com/2025/12/03/aoi-targets-regional-defence-hub-status-through-partnership-with-turkeys-amiston/) - Egypt’s Arab Organisation for Industrialisation (AOI) signed a cooperation protocol with Turkish firm Amiston International Group on Wednesday to localise advanced technologies and systems within the defence industry. The agreement marks a step towards deepening industrial ties between the two nations, with the AOI aiming to position itself as a regional centre for technology transfer.
- [Cairo targets African export markets with new defence production agreements](https://www.dailynewsegypt.com/2025/12/03/cairo-targets-african-export-markets-with-new-defence-production-agreements/) - Egypt signed two cooperation agreements with foreign defence companies on Wednesday to locally manufacture military equipment, as the country seeks to boost exports to Africa and the region. Minister of State for Military Production Mohamed Salah witnessed the signing between two ministry-affiliated companies and the foreign firms on the third day of the EDEX 2025
- [Minister of Military Production discusses strengthening Egypt-Italy cooperation](https://www.dailynewsegypt.com/2025/12/03/minister-of-military-production-discusses-strengthening-egypt-italy-cooperation/) - Mohamed Salah El-Din Mostafa, Minister of State for Military Production, met with Agostino Palese, Italy’s Ambassador to Egypt, and his accompanying delegation on the third day of the Egypt Defence Expo (EDEX 2025) to discuss mechanisms for enhancing bilateral relations. The Minister affirmed the depth of the historical ties between Egypt and Italy, noting that
- [Egypt, Switzerland explore expanded health cooperation, joint pharmaceutical ventures](https://www.dailynewsegypt.com/2025/12/03/egypt-switzerland-explore-expanded-health-cooperation-joint-pharmaceutical-ventures/) - Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, met on Wednesday with Switzerland’s Ambassador to Cairo, Andreas Baum, to discuss broadening bilateral cooperation in the healthcare sector, according to a statement from the Health Ministry. The meeting highlighted the “longstanding and deep-rooted” relations between the two countries and the shared commitment to strengthening public
- [Ashraf Abdel Baky: Short films are future of cinema](https://www.dailynewsegypt.com/2025/12/03/ashraf-abdel-baky-short-films-are-future-of-cinema/) - Anyone who follows Ashraf Abdel Baky’s artistic journey quickly realises he is far more than a popular entertainer; he is a creative force who revived the pulse of Egyptian theatre, reignited the audience’s connection to the stage, and opened long-awaited doors for young talent. His recent tribute was a reminder of the impact he carries,
- [Egypt aims for $20bn in apparel exports by 2030, tapping global supply chain realignments](https://www.dailynewsegypt.com/2025/12/02/egypt-aims-for-20bn-in-apparel-exports-by-2030-tapping-global-supply-chain-realignments/) - Egypt’s ready-made garments and textiles sector has strong potential to achieve a major export leap and reach $20bn in annual exports by 2030, driven by global supply chain shifts and state-led efforts to strengthen manufacturing competitiveness, according to Mahmoud Ghazal, Member of the Textile Industries Chamber and Chairperson of Nile Textile Industries. Ghazal said the
- [Egypt forms committee to address customs disparities, strengthen local industry](https://www.dailynewsegypt.com/2025/12/02/egypt-forms-committee-to-address-customs-disparities-strengthen-local-industry/) - Minister of Industry and Transport and Deputy Prime Minister for Industrial Development Kamel Al-Wazir has announced the formation of a committee to investigate harmful customs disparities affecting local industries and propose corrective measures. The committee will be chaired by the Ministry of Investment and Foreign Trade, with the participation of the Ministries of Industry and
- [Net foreign assets of Egypt’s banking sector rise to $22.6bn in October](https://www.dailynewsegypt.com/2025/12/02/net-foreign-assets-of-egypts-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 EGP 996.148bn) in September. According to the CBE’s monthly report, total foreign assets held by the banking system—which includes the central bank and commercial banks—reached
- [Egypt unveils ambitious strategy to boost D-8 intra-trade to $500bn by 2030](https://www.dailynewsegypt.com/2025/12/02/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 Economic Cooperation (D-8). He added that Egypt will formally notify the organisation’s Secretariat once the process is finalised. El-Khatib stressed the importance of launching the
- [Egypt’s Health Minister leads high-level meeting to safeguard medicine, medical supply chains](https://www.dailynewsegypt.com/2025/12/02/egypts-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 Health announced on Tuesday. The meeting brought together Finance Minister Ahmed Kouchouk; Hisham Setit, head of the Egyptian Unified Procurement Authority; Ali El-Ghamrawy, Chairperson of
- [Egypt begins training Palestinian police as pressure mounts to accelerate Gaza reconstruction](https://www.dailynewsegypt.com/2025/12/02/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, Foreign Minister Badr Abdelatty announced on Tuesday. Speaking at a joint press conference in Berlin with his German counterpart, Johann Wadephul, Abdelatty said the programme
- [CBE attracts $1.041bn in bids for USD T-bills, accepts $961m at 3.75% rate](https://www.dailynewsegypt.com/2025/12/02/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 tenor maturing on 1 December 2026, drew strong investor interest. According to data published on the CBE’s website, the bank accepted 15 bids worth $961m
- [Egypt opens COP24 Mediterranean, urges faster transition to sustainable blue economy](https://www.dailynewsegypt.com/2025/12/02/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 to advance efforts to protect the Mediterranean Sea from pollution. Local Development Minister and Acting Environment Minister Manal Awad said hosting COP24 reflects “deep confidence
- [Egypt’s Abdelatty urges deployment of international stabilisation force in Gaza during Berlin talks](https://www.dailynewsegypt.com/2025/12/02/egypts-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 Resolution 2803. Speaking during a meeting with Gunther Sautter, the National Security Advisor at the German Chancellery, Abdelatty outlined Egypt's mediation efforts over the past
- [AOI, Dassault sign new partnership to advance defense industrial cooperation](https://www.dailynewsegypt.com/2025/12/02/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, the French aerospace and defense giant, during the second day of AOI’s participation in EDEX 2025. Speaking at the signing ceremony, Abdel Latif underscored the
- [Egypt discusses rehabilitating Iraqi factories, supplying defence equipment at EDEX 2025](https://www.dailynewsegypt.com/2025/12/02/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 Mohamed Salah said. During a meeting with Iyad Kazim Jabbar, Director General of the Legal Department at Iraq's Defence Industries Commission, Salah highlighted the possibility
- [Private Egyptian firm Tornex target drones and logistics UAVs at EDEX 2025](https://www.dailynewsegypt.com/2025/12/02/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 in the fourth edition of the event, the company displayed drone models designed specifically for air defence training. These systems allow military forces to test
- [Egypt's AOI signs defence production deals with Chinese and Pakistani firms](https://www.dailynewsegypt.com/2025/12/02/egypts-aoi-signs-defence-production-deals-with-chinese-and-pakistani-firms/) - Egypt’s Arab Organization for Industrialization (AOI) has signed memoranda of understanding with Chinese and Pakistani companies to localise the manufacturing of advanced military systems and technology, the authority said in a statement. AOI Chairman Major General Mokhtar Abdel Latif stated that the agreements are part of a strategy to deepen local manufacturing and make the
- [Opinion | Trump’s Caribbean Gamble: Is Venezuela the Next Flashpoint?](https://www.dailynewsegypt.com/2025/12/02/opinion-trumps-caribbean-gamble-is-venezuela-the-next-flashpoint/) - The regional atmosphere around Venezuela has shifted in a sharp and unmistakable way. The United States is visibly tightening its grip on the Caribbean, and Washington’s posture now suggests that military action, whether limited or symbolic, has edged closer to becoming a real scenario. The pretext revolves around allegations linking President Nicolás Maduro to drug
- [Opinion | After South Korea Partnership: Can Egypt and Canada Build a New Era in Multilingual Education?](https://www.dailynewsegypt.com/2025/12/02/opinion-after-south-korea-partnership-can-egypt-and-canada-build-a-new-era-in-multilingual-education/) - The recent signing of a significant educational partnership between Egypt and South Korea, focused on enhancing vocational and specialized education as well as technology, marked an important step forward. This agreement was far more than a mere technical or knowledge exchange; it underscored Egypt’s potential to be an influential player in education, not only within
- [Egypt, Saudi Arabia set to launch joint initiative to localize medical supplies production](https://www.dailynewsegypt.com/2025/12/01/egypt-saudi-arabia-set-to-launch-joint-initiative-to-localize-medical-supplies-production/) - Saudi Deputy Minister of Industry and Mineral Resources for Mining Affairs Khalid bin Saleh Al-Mudaifer visited the Wadi El-Nile Stio plant for hemodialysis filter and dialyzer manufacturing in Cairo as part of his official trip to Egypt. During the tour, the delegation reviewed the plant’s advanced production lines for hemodialysis filters, one of the region’s
- [Egypt's ECS, US Commercial Service discuss strengthening economic partnership](https://www.dailynewsegypt.com/2025/12/01/egypts-ecs-us-commercial-service-discuss-strengthening-economic-partnership/) - Head of the Egyptian Commercial Service (ECS) Abdel Aziz El-Sherif met with US Foreign Commercial Service Officer Paul Oliva and Jennifer Patterson, who oversees trade and investment at the Economic Office of the US Embassy in Cairo, as part of ongoing efforts to advance economic, trade, and investment cooperation between the two countries. El-Sherif said
- [Egypt to host Barcelona Convention COP24 on advancing Mediterranean marine protection](https://www.dailynewsegypt.com/2025/12/01/egypt-to-host-barcelona-convention-cop24-on-advancing-mediterranean-marine-protection/) - Egypt will host the 24th Meeting of the Contracting Parties to the Barcelona Convention (COP24) from December 2 to 5, bringing together environment ministers and representatives from 21 Mediterranean countries, along with senior officials from the UN Environment Programme (UNEP), the Ministry of Environment announced on Monday. Manal Awad, Minister of Local Development and Acting
- [Gaza death toll continues to rise as aid access remains severely restricted](https://www.dailynewsegypt.com/2025/12/01/gaza-death-toll-continues-to-rise-as-aid-access-remains-severely-restricted/) - The Gaza Ministry of Health said on Monday that the bodies of nine Palestinians were recovered from under the rubble over the past 24 hours, along with one reported injury. This brings the total number of deaths recorded since the ceasefire took effect on October 11, 2025, to 356, with 909 injured and 616 bodies
- [ETA issues comprehensive manual on tax treatment of exported services: Authority head](https://www.dailynewsegypt.com/2025/12/01/eta-issues-comprehensive-manual-on-tax-treatment-of-exported-services-authority-head/) - Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced the issuance of a comprehensive guidance manual detailing all aspects of the tax treatment of exported services. The manual aims to clarify the definition of these services under the Value Added Tax (VAT) Law and its executive regulations, explain the rules governing the place
- [FRA issues first unified guide to its services](https://www.dailynewsegypt.com/2025/12/01/fra-issues-first-unified-guide-to-its-services/) - The Financial Regulatory Authority (FRA) has issued its first unified guide to all FRA services, a move aimed at simplifying the business environment for individuals and companies operating within Egypt’s non-banking financial sector. The launch marks a significant milestone for the Authority and represents a major step forward in the development and modernization of non-banking
- [Egypt prepares major incentive packages to attract green hydrogen investments: Petroleum Minister](https://www.dailynewsegypt.com/2025/12/01/egypt-prepares-major-incentive-packages-to-attract-green-hydrogen-investments-petroleum-minister/) - Petroleum and Mineral Resources Minister Karim Badawi announced that Egypt is developing a set of highly attractive incentive packages to accelerate investment in green hydrogen, as the country works to position itself as a central player in the emerging global hydrogen economy. Egypt is targeting an 8% share of the global hydrogen market, with plans
- [Egypt, S. Korea hold meeting to tackle investment challenges, deepen economic cooperation](https://www.dailynewsegypt.com/2025/12/01/egypt-s-korea-hold-meeting-to-tackle-investment-challenges-deepen-economic-cooperation/) - Egypt’s General Authority for Investment and Free Zones (GAFI) convened the inaugural meeting of the Egyptian-Korean Business and Investment Development Committee, with the participation of GAFI CEO Hossam Heiba and Hyundo Yi, Commercial Attaché at the South Korean Embassy in Cairo, alongside representatives from several Egyptian government bodies and major Korean companies operating in the
- [Egyptian companies account for 63% of nation’s apparel export structure](https://www.dailynewsegypt.com/2025/12/01/egyptian-companies-account-for-63-of-nations-apparel-export-structure/) - Egyptian companies have maintained a dominant position within the country’s ready-made garment export structure, consistently holding a 62%-63% share of total exports. In comparison, foreign companies operating in Egypt account for 37%-38%. These figures highlight the vital role of local manufacturers in driving export expansion and strengthening Egypt’s integration into global supply chains in recent
- [US Embassy marks 70th anniversary of American Center Cairo](https://www.dailynewsegypt.com/2025/12/01/us-embassy-marks-70th-anniversary-of-american-center-cairo/) - US Ambassador to Egypt Herro Mustafa Garg has marked the 70th anniversary of the American Center Cairo (ACC) and officially launched America250, a year-long commemoration of the 250th anniversary of the United States’ independence. The ACC, established in 1955, has long served as a bridge between Egyptians and Americans, strengthening a partnership that supports regional
- [Spanish artist Macarena Recuerda joins Egypt’s International Children's Theater, Puppet Festival](https://www.dailynewsegypt.com/2025/12/01/spanish-artist-macarena-recuerda-joins-egypts-international-childrens-theater-puppet-festival/) - Spanish artist Macarena Recuerda has been invited to participate in the International Children's Theater and Puppet Festival of Egypt with her acclaimed show The Watching Machine, which will be staged in Alexandria from 2 to 7 December. The international festival, organised by the Al-Shakmijia Foundation, brings together theatre groups from Egypt and around the world.
- [UNCTAD warns of unprecedented economic collapse in Occupied Palestinian Territory, urges urgent reconstruction](https://www.dailynewsegypt.com/2025/12/01/unctad-warns-of-unprecedented-economic-collapse-in-occupied-palestinian-territory-urges-urgent-reconstruction/) - A new report from the UN Conference on Trade and Development (UNCTAD) warns that prolonged military operations and long-standing restrictions have driven the economy of the Occupied Palestinian Territory into its most severe contraction on record, erasing decades of development gains and deepening fiscal and social fragility. The report, Developments in the Economy of the
- [Egypt unveils ‘Rada'a 300’ rocket system and locally produced howitzers, drones at EDEX2025](https://www.dailynewsegypt.com/2025/12/01/egypt-unveils-radaa-300-rocket-system-and-locally-produced-howitzers-drones-at-edex2025/) - Egypt unveiled its new "Rada'a 300" multiple launch rocket system and the first batch of locally manufactured K9A1 howitzers on Monday, as officials emphasised the necessity of military deterrence amid widening regional conflict. The hardware was presented during the opening of the fourth Egypt Defence Expo (EDEX 2025), inaugurated by President Abdel Fattah Al-Sisi in
- [Egypt’s AOI signs defence manufacturing deal with China’s Norinco, UAE’s Abu Dhabi Aviation at EDEX](https://www.dailynewsegypt.com/2025/12/01/egypts-aoi-signs-defence-manufacturing-deal-with-chinas-norinco-uaes-abu-dhabi-aviation-at-edex/) - Egypt’s Arab Organisation for Industrialisation (AOI) has signed a memorandum of understanding with Chinese defence giant Norinco to localise the manufacturing of defence systems, the organisation said during the EDEX 2025 exhibition. The agreement, signed between the AOI’s Aircraft Factory and Norinco, aims to transfer technology and deepen domestic production by utilising the factory's advanced
- [Egypt unveils ‘Sinai 806’ recovery vehicle and new rocket systems at EDEX 2025](https://www.dailynewsegypt.com/2025/12/01/egypt-unveils-sinai-806-recovery-vehicle-and-new-rocket-systems-at-edex-2025/) - Egypt’s Ministry of Military Production has unveiled the "Sinai 806", a new locally manufactured armored recovery vehicle, alongside a light anti-aircraft 4x4 vehicle and the "Rada'a 300" rocket launcher at the EDEX 2025 defence exhibition. Minister of State for Military Production Mohamed Salah announced the new platforms on Monday, emphasising the state's directive to localise
- [Egypt's TMG invests over $5bn in two Oman real estate projects](https://www.dailynewsegypt.com/2025/12/01/egypts-tmg-invests-over-5bn-in-two-oman-real-estate-projects/) - Egypt’s Talaat Moustafa Group (TMG) is investing more than $5bn in two new developments in Oman comprising approximately 15,000 residential units, CEO Hisham Talaat Moustafa said. Speaking during the launch event, Moustafa said the company plans to deliver a new urban experience to over 1.5 million people outside Egypt between 2025 and 2030, with operations
- [Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch](https://www.dailynewsegypt.com/2025/11/30/giza-master-plan-targets-major-hotel-expansion-to-match-grand-egyptian-museum-launch/) - A comprehensive tourism master plan for the area surrounding the Giza Pyramids aims to significantly increase hotel room capacity by 2040 to accommodate the expected influx of visitors to the Grand Egyptian Museum (GEM), Minister of Housing Sherif El-Sherbiny said on Sunday. Speaking at a cabinet meeting led by Prime Minister Moustafa Madbouly, El-Sherbiny outlined
- [CBE to Offer $950m Treasury Bills on Monday](https://www.dailynewsegypt.com/2025/11/30/cbe-to-offer-950m-treasury-bills-on-monday/) - The Central Bank of Egypt (CBE) will on Monday offer a local Treasury bill auction denominated in US dollars, valued at $950m, with a tenor of 364 days, maturing on 1 December 2026. The proceeds of this auction will be directed towards repaying a previous T-bill issuance offered on 3 December 2024, through which bids
- [Egypt trains Palestinian police for future Gaza deployment as ceasefire tensions escalate](https://www.dailynewsegypt.com/2025/11/30/egypt-trains-palestinian-police-for-future-gaza-deployment-as-ceasefire-tensions-escalate/) - Tensions over the future of the Gaza ceasefire are rising as Palestinian authorities accuse Israel of widespread violations and several countries hesitate to join a proposed international security force, even as the humanitarian situation deteriorates and casualty figures continue to climb. A Palestinian official told Agence France-Presse that members of the Palestinian police are currently
- [Al-Sisi orders rollout of second tax facilitation package, accelerated customs overhaul](https://www.dailynewsegypt.com/2025/11/30/al-sisi-orders-rollout-of-second-tax-facilitation-package-accelerated-customs-overhaul/) - Egypt’s President Abdel Fattah Al-Sisi on Sunday instructed the government to launch the second phase of tax facilitation measures aimed at encouraging voluntary compliance and easing the burden on taxpayers, the presidency said following a meeting with Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk. Al-Sisi was briefed on the new package, part of
- [Egypt steps up efforts to boost domestic poultry production ahead of Ramadan](https://www.dailynewsegypt.com/2025/11/30/egypt-steps-up-efforts-to-boost-domestic-poultry-production-ahead-of-ramadan/) - Agriculture and Land Reclamation Minister Alaa Farouk, Supply and Internal Trade Minister Sherif Farouk, and Bahaa El-Ghanam, head of the Future of Egypt Authority for Sustainable Development, held an expanded meeting with the General Union of Poultry Producers, major sector investors, and senior officials from both ministries to discuss measures to stimulate domestic poultry and
- [FABMISR posts 8% net profit growth in M9 2025 after neutralising FX impact](https://www.dailynewsegypt.com/2025/11/30/fabmisr-posts-8-net-profit-growth-in-m9-2025-after-neutralising-fx-impact/) - First Abu Dhabi Bank Misr (FABMISR), one of Egypt’s largest banks, announced its financial results for the first nine months of 2025, reporting solid growth across key performance indicators. The bank achieved an 8% increase in net profit after neutralising the impact of foreign exchange fluctuations, recording EGP 13.2bn compared to the same period last
- [Cairo pledges support for AngloGold Ashanti to accelerate Sukari mine operations](https://www.dailynewsegypt.com/2025/11/30/cairo-pledges-support-for-anglogold-ashanti-to-accelerate-sukari-mine-operations/) - Egypt has "ambitious plans" to increase gold production at the Sukari mine and will support operator AngloGold Ashanti in accelerating operations to meet these targets, Prime Minister Moustafa Madbouly said on Sunday. During a meeting with company executives at the government headquarters in the New Administrative Capital, Madbouly stressed the need for coordination between the
- [New Egypt–European scientific cooperation programmes coming soon: EU ambassador](https://www.dailynewsegypt.com/2025/11/30/new-egypt-european-scientific-cooperation-programmes-coming-soon-eu-ambassador/) - EU Ambassador Angelina Eichhorst celebrated two decades of scientific cooperation between the European Union and Egypt, describing the milestone as a testament to the depth, purpose and enduring strength of their partnership. Speaking at the anniversary event, she recalled the signing of the EU-Egypt Science and Technology Cooperation Agreement twenty years ago, an agreement designed
- [Egypt, EU launch Research, Innovation Week to mark 20 years of cooperation](https://www.dailynewsegypt.com/2025/11/30/egypt-eu-launch-research-innovation-week-to-mark-20-years-of-cooperation/) - Egypt and the European Union inaugurated the “Egypt–EU Research and Innovation Week” on Sunday to celebrate the 20th anniversary of their science and technology cooperation agreement, with senior ministers and EU officials highlighting the role of research partnerships in addressing global challenges. Egypt’s Health Minister and Deputy Prime Minister Khaled Abdel Ghaffar said the country’s
- [Coldwell Banker partners with Sakr to launch Egypt’s first fractional real estate platform](https://www.dailynewsegypt.com/2025/11/30/coldwell-banker-partners-with-sakr-to-launch-egypts-first-fractional-real-estate-platform/) - Coldwell Banker Egypt, a leading real estate advisory and marketing firm, has entered into a strategic partnership with Sakr Investment Management to promote and operate Farida, Egypt’s first digital platform for fractional real estate ownership. The partnership introduces a new investment model to the Egyptian market, allowing investors to purchase shares in residential, commercial, administrative,
- [Egypt seeks deeper intra-African economic ties through infrastructure and private sector partnerships](https://www.dailynewsegypt.com/2025/11/30/egypt-seeks-deeper-intra-african-economic-ties-through-infrastructure-and-private-sector-partnerships/) - Egypt is actively pursuing deeper economic integration with African nations through joint infrastructure projects and increased private sector participation, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat said on Saturday. Speaking at a meeting with ambassadors from seven African countries, Al-Mashat stated that President Abdel Fattah Al-Sisi has prioritised cooperation with the continent
- [Elite Life launches in Egypt to deliver smart asset, community management solutions](https://www.dailynewsegypt.com/2025/11/30/elite-life-launches-in-egypt-to-deliver-smart-asset-community-management-solutions/) - Elite Life for Asset and Residential Community Management has officially launched its operations in the Egyptian market, introducing integrated solutions for managing, operating, and maintaining facilities across residential, commercial, administrative, and recreational developments. The company will operate under the umbrella of Elite Community, Asset, Property, Facility and Lifestyle Management, offering a comprehensive range of services
- [Digitopia tech competition concludes with EGP 10m in prizes](https://www.dailynewsegypt.com/2025/11/30/digitopia-tech-competition-concludes-with-egp-10m-in-prizes/) - Egypt has awarded prizes exceeding EGP 10m ($201,000) to winning teams at the conclusion of the first "Digitopia" competition, a nationwide initiative designed to discover talent in software, artificial intelligence (AI), and cybersecurity. Minister of Communications and Information Technology Amr Talaat presided over the closing ceremony, where the top six teams were honoured. The competition,
- [ACUD, Cameroon sign agreement for new diplomatic premises in Egypt’s New Capital](https://www.dailynewsegypt.com/2025/11/30/acud-cameroon-sign-agreement-for-new-diplomatic-premises-in-egypts-new-capital/) - The Administrative Capital for Urban Development (ACUD) and the Embassy of Cameroon in Cairo have signed a contract for the sale of two land plots totalling 8,500 sqm for the construction of the new embassy and the ambassador’s residence in the Diplomatic District of Egypt’s New Administrative Capital. The agreement was signed by Khaled Abbas,
- [Qurtuba Developments to launch New Capital residential project before year-end](https://www.dailynewsegypt.com/2025/11/30/qurtuba-developments-to-launch-new-capital-residential-project-before-year-end/) - Qurtuba Developments has outlined its strategy for 2026, focusing on expanding its presence in the Egyptian real estate market and adapting to evolving demand patterns. Mohamed Omar, Chairperson of Qurtuba Developments, confirmed that the company plans to launch a new residential project in the New Capital before the end of 2025, citing strong market demand
- [Damora Developments launches Damora N5 Mall in New Cairo with EGP 600m investment](https://www.dailynewsegypt.com/2025/11/30/damora-developments-launches-damora-n5-mall-in-new-cairo-with-egp-600m-investment/) - Damora Developments has announced the launch of Damora N5 Mall in Gardenia Heights, New Cairo, with investments of EGP 600m. The project is the company’s first development and forms part of its plan to inject EGP 2bn in new investments by 2026. According to the company, the mall is a mixed-use development comprising 34 commercial
- [Egypt invests EGP 100bn in upgrading informal areas: Housing Ministry](https://www.dailynewsegypt.com/2025/11/30/egypt-invests-egp-100bn-in-upgrading-informal-areas-housing-ministry/) - Assistant Minister of Housing Abdel Khalek Ibrahim said Egypt’s national strategic plan divides the country into 15 economic regions, with the Northwestern Coast and East Egypt identified as major future growth hubs. He highlighted the strategic importance of the New Capital and New Alamein City, along with flagship projects such as the Central Business District
- [Imarrae launches KIN, its first residential project in Egypt, with EGP 16bn investment](https://www.dailynewsegypt.com/2025/11/30/imarrae-launches-kin-its-first-residential-project-in-egypt-with-egp-16bn-investment/) - Imarrae, a real estate developer in Egypt, has announced the launch of its first boutique residential compound, KIN, in the Al-Qoronfel area of New Cairo as part of its strategic expansion in the Egyptian market. Spanning 23 feddans, KIN involves investments exceeding EGP 16bn and aims to deliver a modern residential community that integrates housing
- [Golden Pillars Developments unveils Swar project as part of EGP 15bn investment plan](https://www.dailynewsegypt.com/2025/11/30/golden-pillars-developments-unveils-swar-project-as-part-of-egp-15bn-investment-plan/) - Golden Pillars Developments has launched its latest project, Swar, in New Shorouk City, aligning with the company’s broader investment strategy targeting EGP 15bn in real estate developments. Magdy Saad, Chairperson of Golden Pillars Developments, said the company’s market studies reveal a significant gap between supply and demand for hospitality-focused projects. He noted that several strategic
- [Three kidnapped Egyptians released in Mali after government coordination](https://www.dailynewsegypt.com/2025/11/30/three-kidnapped-egyptians-released-in-mali-after-government-coordination/) - Three Egyptian citizens who were kidnapped in Mali have been released following "intensive coordination" with the Malian government, Egypt's foreign ministry announced on Sunday. The ministry stated that the release was achieved through the combined efforts of the Egyptian Embassy in Bamako and various state institutions. While the statement did not disclose the identity of
- [Egypt proposes strategic corridor linking Suez Canal zone with Pakistan’s Gwadar port](https://www.dailynewsegypt.com/2025/11/30/egypt-proposes-strategic-corridor-linking-suez-canal-zone-with-pakistans-gwadar-port/) - Egypt has proposed establishing a commercial corridor linking the Suez Canal Economic Zone (SCZONE) with Pakistan’s Gwadar Port, Foreign Minister Badr Abdelatty said on Sunday, as Cairo seeks to expand its logistics footprint in South Asia. During a meeting with Pakistani Prime Minister and Foreign Minister Ishaq Dar in Islamabad, Abdelatty discussed facilitating economic linkages
- [How to Combine PDF Files Quickly and Easily ](https://www.dailynewsegypt.com/2025/11/30/how-to-combine-pdf-files-quickly-and-easily/) - Combining PDFs is a common task for many professionals and individuals, whether it’s for merging reports, contracts, or personal documents. The ability to combine PDF documents not only helps you stay organized but also makes document management easier. Fortunately, there are many ways to merge files into one PDF, from using online PDF merging tools
- [Egypt remains priority as Africa50 expands infrastructure investments across continent: Alami](https://www.dailynewsegypt.com/2025/11/29/egypt-remains-priority-as-africa50-expands-infrastructure-investments-across-continent-alami/) - Rabat - Egypt continues to be one of Africa50’s top priority markets, according to Imane Alami, Director of Fund Raising and Investor Relations at the pan-African infrastructure investor and asset manager. Speaking on the sidelines of the Africa Investment Forum, Alami reaffirmed Egypt’s central position within Africa50’s investment strategy, emphasising its role as a founding
- [Egyptian delegation engages Qatari firms to advance investment, partnership opportunities](https://www.dailynewsegypt.com/2025/11/29/egyptian-delegation-engages-qatari-firms-to-advance-investment-partnership-opportunities/) - An Egyptian delegation headed by Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), and Ghada Nour, Deputy Minister of Investment and Foreign Trade for Investment Promotion and Government Offerings, held a series of high-level meetings in Qatar to promote investment opportunities in Egypt and explore potential partnerships with leading Qatari
- [Next phase to see deeper African market integration, new financial instruments: EGX chair](https://www.dailynewsegypt.com/2025/11/29/next-phase-to-see-deeper-african-market-integration-new-financial-instruments-egx-chair/) - Islam Azzam, Chairperson of the Egyptian Exchange (EGX), said the coming phase will witness deeper cooperation among African markets, alongside the introduction of new financial instruments and strengthened frameworks for transparency and disclosure. These steps, he noted, are expected to unlock wider investment flows and advance comprehensive, sustainable development across the continent. Azzam made his
- [Government introduces new deadlines, incentives for delayed industrial projects](https://www.dailynewsegypt.com/2025/11/29/government-introduces-new-deadlines-incentives-for-delayed-industrial-projects/) - The Ministry of Industry has announced a new package of extensions and facilitations for delayed industrial projects that have exceeded their prescribed implementation timelines. The decision reflects the Ministry’s commitment to supporting manufacturers, enabling stalled yet serious projects to resume operations, and accelerating industrial production. According to the announcement, the measures, applied through the Industrial
- [Africa must reverse colonial infrastructure models to unite: Former Egypt PM](https://www.dailynewsegypt.com/2025/11/29/africa-must-reverse-colonial-infrastructure-models-to-unite-former-egypt-pm/) - Africa must dismantle the legacy of colonial infrastructure designed for resource extraction and replace it with networks that foster internal unity, former Egyptian Prime Minister Ibrahim Mahlab said on Saturday. Speaking at the 1st Egyptian-African Economic Conference in Cairo, Mahlab argued that the continent's fragmentation was a deliberate engineering of the past that continues to
- [UN envoy calls for 'Club of Debtors' to tackle Africa's financial crisis](https://www.dailynewsegypt.com/2025/11/29/un-envoy-calls-for-club-of-debtors-to-tackle-africas-financial-crisis/) - Africa needs a coordinated "Club of Debtors" to negotiate fair restructuring terms and counter the inflated risk premiums that are strangling the continent’s development, a senior United Nations envoy said on Saturday. Speaking at the 1st Egyptian-African Economic Conference in Cairo, Mahmoud Mohieldin, the UN Special Envoy on Financing the 2030 Agenda, warned that the
- [Egypt launches 3rd Climate Leaders programme](https://www.dailynewsegypt.com/2025/11/29/egypt-launches-3rd-climate-leaders-programme/) - Egypt’s Ministry of Local Development announced on Saturday that Minister Manal Awad, who is also serving as acting environment minister, has launched the third edition of the “Climate Leaders” programme, which aims to support youth-driven environmental projects and strengthen women’s participation in climate action. According to the ministry, the launch event was attended by senior
- ['We cannot export by email': Logistics and alien standards stall Africa trade pact](https://www.dailynewsegypt.com/2025/11/29/we-cannot-export-by-email-logistics-and-alien-standards-stall-africa-trade-pact/) - Africa’s trade integration is being crippled by disjointed infrastructure, a lack of "technical sovereignty" and internal coordination failures, senior diplomats and officials warned on Saturday, urging a move beyond political rhetoric to fix the logistics holding back the continent’s economic potential. Speaking at the inaugural Egyptian-African Economic Conference in Cairo, panellists argued that reliance on
- [Maternal, fetal health initiative screens over 3.6 million pregnant women](https://www.dailynewsegypt.com/2025/11/29/maternal-fetal-health-initiative-screens-over-3-6-million-pregnant-women/) - Egypt’s Ministry of Health announced on Saturday that a presidential initiative for maternal and fetal health has provided free, comprehensive medical screening to more than 3.6 million pregnant women nationwide since its launch, as part of the broader “100 Million Health” public health campaign. Ministry spokesperson Hossam Abdel Ghaffar said the programme focuses on the
- [Israel accused of ceasefire violations as humanitarian risks escalate in Gaza](https://www.dailynewsegypt.com/2025/11/29/israel-accused-of-ceasefire-violations-as-humanitarian-risks-escalate-in-gaza/) - The Palestinian Ministry of Health in Gaza reported a rise in casualties from ongoing Israeli attacks, despite more than fifty days having passed since the ceasefire agreement took effect. According to the ministry, two Palestinians were killed, one of them recently recovered, and 11 others injured over the past 48 hours. It warned that emergency
- [Finance Ministry to issue 41 local debt instruments worth EGP 992bn in December](https://www.dailynewsegypt.com/2025/11/29/finance-ministry-to-issue-41-local-debt-instruments-worth-egp-992bn-in-december/) - The Ministry of Finance plans to issue 41 local debt auctions totaling EGP 992bn in December, including 20 treasury bill auctions worth EGP 780bn, 18 treasury bond auctions valued at EGP 198bn, and three sovereign sukuk auctions amounting to EGP 14bn. The December programme is part of the government’s plan to borrow EGP 2.524 trillion
- [SCB signs protocol with e-Aswaaq Misr to boost SME financing, drive digital transformation](https://www.dailynewsegypt.com/2025/11/29/scb-signs-protocol-with-e-aswaaq-misr-to-boost-sme-financing-drive-digital-transformation/) - Suez Canal Bank (SCB) has signed a cooperation protocol with e-Aswaaq Misr, a subsidiary of e-Finance for Financial and Digital Investments, to expand financing for small and medium-sized enterprises (SMEs) and support entrepreneurs through more efficient and integrated digital solutions. The partnership supports SCB’s strategy to reach new customer segments across priority sectors, particularly in
- [CIB launches training programme, awareness campaigns for Global Fraud Awareness Week](https://www.dailynewsegypt.com/2025/11/29/cib-launches-training-programme-awareness-campaigns-for-global-fraud-awareness-week/) - The Commercial International Bank–Egypt (CIB) has launched a comprehensive and innovative training programme to coincide with Global Fraud Awareness Week. The initiative aims to strengthen a culture of integrity and transparency and adopt top international standards in combating financial crime, reflecting the bank’s commitment to enhancing financial awareness and protecting its customers and employees from
- [ABE chair meets Beheira, Daqahleya governors to advance agricultural development](https://www.dailynewsegypt.com/2025/11/29/abe-chair-meets-beheira-daqahleya-governors-to-advance-agricultural-development/) - Mohamed Abou El-Saoud, CEO of the Agricultural Bank of Egypt (ABE), met with Jacqueline Azar, Governor of Beheira, during a visit to the governorate as part of an executive tour across the Delta. The tour aims to strengthen cooperation and build strategic partnerships with local authorities, reaffirming the Bank’s national role as one of the
- [Banque Misr signs EGP 3bn revolving credit facility with SODIC](https://www.dailynewsegypt.com/2025/11/29/banque-misr-signs-egp-3bn-revolving-credit-facility-with-sodic/) - Banque Misr has signed a revolving credit facility agreement worth EGP 3bn with the Sixth of October Development and Investment Company (SODIC), with a tenor of up to four years. The signing ceremony was attended by Banque Misr CEO Hesham Okasha; SODIC Managing Director Ayman Amer; and Amr Damardash, Head of Corporate Credit and Syndicated
- [Egypt urges infrastructure overhaul to boost trade at historic Cairo summit](https://www.dailynewsegypt.com/2025/11/29/egypt-urges-infrastructure-overhaul-to-boost-trade-at-historic-cairo-summit/) - Egypt called for a radical overhaul of African infrastructure and financing mechanisms on Saturday, warning that regional integration is no longer optional but critical for the continent's survival amidst global geopolitical fragmentation. Speaking at the inaugural 1st Egyptian-African Economic Conference, government officials and international envoys outlined a strategy to activate the African Continental Free Trade
- [Ahl Masr Burn Hospital Concludes First Scientific Forum, Prepares for Expanded Second Edition in 2026](https://www.dailynewsegypt.com/2025/11/28/ahl-masr-burn-hospital-concludes-first-scientific-forum-prepares-for-expanded-second-edition-in-2026/) - Ahl Masr Burn Hospital successfully concluded the inaugural edition of its First Medical Forum for Burn Care after two days of intensive scientific discussions and knowledge exchange, held under the patronage of the Ministry of Health and Population, the Ministry of Social Solidarity, and the World Health Organization. The Forum marked the first scientific platform
- [Egypt Tax Authority Standardises VAT Treatment for Exported Services, Issues Guidance](https://www.dailynewsegypt.com/2025/11/27/egypt-tax-authority-standardises-vat-treatment-for-exported-services-issues-guidance/) - The Egyptian Tax Authority (ETA) has issued Executive Instructions No. (45) for the year 2025 regarding the mechanism for taxpayers to deal with exported services, according to a statement from the office of ETA head Rasha Abdel Aal. The move follows directives from the Minister of Finance and aims to standardise the application of tax
- [Resilience, Innovation, and the Smart Home: Mohamed Ataya on GROHE’s Strategic Vision for Egypt](https://www.dailynewsegypt.com/2025/11/27/resilience-innovation-and-the-smart-home-mohamed-ataya-on-grohe-strategic-vision-for-egypt/) - In an interview with Daily News Egypt, Mohamed Ataya, Leader, North West Africa at LIXIL IMEA, discusses how GROHE is navigating the current economic climate
- [Egypt GDP growth hits three-year high of 5.3% in Q1 2025/26](https://www.dailynewsegypt.com/2025/11/27/egypt-gdp-growth-hits-three-year-high-of-5-3-in-q1-2025-26/) - Egypt’s economy grew by 5.3% in the first quarter of the 2025/2026 fiscal year, GDP growth exceeded 5% for the first time in more than three years, the Ministry of Planning, Economic Development, and International Cooperation said. The GDP growth rate, up from 3.5% in the same period a year earlier, marks the strongest quarterly
- [Non-banking financial activities hit EGP 954.2bn in M9 2025](https://www.dailynewsegypt.com/2025/11/26/non-banking-financial-activities-hit-egp-954-2bn-in-m9-2025/) - The Financial Regulatory Authority (FRA) announced that the volume of non-banking financial activities, including capital market operations and all forms of non-banking finance, reached EGP 954.2bn during the period from January to September 2025. In a report issued on Wednesday, the FRA said the total includes EGP 497.5bn in share issuances, EGP 70.3bn in issuances
- [Gaza death toll rises as humanitarian crisis deepens, Israeli offensive expands in West Bank](https://www.dailynewsegypt.com/2025/11/26/gaza-death-toll-rises-as-humanitarian-crisis-deepens-israeli-offensive-expands-in-west-bank/) - The death toll from Israel’s offensive in the Gaza Strip since October 7, 2023, has risen to 69,785, with 170,965 wounded, according to the Gaza Health Ministry. The ministry said ten people were brought to Gaza hospitals in the past 24 hours, including two newly killed and eight whose bodies were recovered from beneath the
- [Egypt, Algeria sign wide-ranging cooperation agreements](https://www.dailynewsegypt.com/2025/11/26/egypt-algeria-sign-wide-ranging-cooperation-agreements/) - Egypt and Algeria signed an extensive package of cooperation agreements across industrial, cultural, social, and financial sectors on Wednesday at the conclusion of the ninth session of the Egyptian-Algerian High Joint Committee, Egypt’s Cabinet said. Prime Minister Mostafa Madbouly and Algerian Prime Minister Sifi Ghrib oversaw the signing ceremonies at the Cabinet headquarters in the
- [Cairo affirms commitment to Lebanese sovereignty, urges halt to cross-border violations](https://www.dailynewsegypt.com/2025/11/26/cairo-affirms-commitment-to-lebanese-sovereignty-urges-halt-to-cross-border-violations/) - Egyptian Foreign Minister Badr Abdelatty visited Beirut on Wednesday, meeting with top officials, including President Joseph Aoun, Speaker Nabih Berri, and Prime Minister Nawaf Salam, to consult on bolstering bilateral relations and supporting Lebanon’s stability amid escalating tensions on its southern border. Abdelatty’s visit, his fourth to Lebanon in less than 18 months, was conducted
- [Egypt's Al-Sisi links national progress to strict law enforcement, says society has role in reforming legal application](https://www.dailynewsegypt.com/2025/11/26/egypts-al-sisi-links-national-progress-to-strict-law-enforcement-says-society-has-role-in-reforming-legal-application/) - Egyptian President Abdel Fattah Al-Sisi on Wednesday linked national progress directly to the strict enforcement of laws without exception, arguing that the entire society, including families, schools, and media, has a critical role in developing awareness to ensure the proper application of the legal framework. The Supreme Commander of the Armed Forces made the remarks
- [AfDB calls on African nations to accelerate private capital mobilisation to close development financing gap](https://www.dailynewsegypt.com/2025/11/26/afdb-calls-on-african-nations-to-accelerate-private-capital-mobilisation-to-close-development-financing-gap/) - Rabat - African Development Bank (AfDB) President Sidi Ould Tah urged African governments and financial institutions to intensify efforts to mobilise private capital to bridge the continent’s widening infrastructure and development financing gap. Speaking at the opening of the 2025 Africa Investment Forum (AIF) in Rabat, which began on 26 November under the theme “Bridging
- [China’s WINPEX to establish $15m lighting equipment plant in Ain Sokhna](https://www.dailynewsegypt.com/2025/11/26/chinas-winpex-to-establish-15m-lighting-equipment-plant-in-ain-sokhna/) - Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a new investment agreement with China’s WINPEX, a company specialised in lighting products and electrical appliances. The project, developed under the umbrella of industrial developer MDC within the integrated Sokhna zone, aims to build a factory for the production of
- [GAFI, Qatar Chamber discuss investment opportunities in Egyptian market](https://www.dailynewsegypt.com/2025/11/26/gafi-qatar-chamber-discuss-investment-opportunities-in-egyptian-market/) - Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), and Ghada Nour, Assistant Minister for Investment and Foreign Trade, met with Khalifa bin Jassim Al Thani, Chairman of the Qatar Chamber of Commerce and Industry, and several board members, in the presence of Egypt’s ambassador to Doha. The meeting reviewed the
- [Egypt expands rollout of Universal Health Insurance](https://www.dailynewsegypt.com/2025/11/26/egypt-expands-rollout-of-universal-health-insurance/) - Egypt’s Local Development Minister and Acting Environment Minister Manal Awad said on Wednesday that the country is committed to integrating environmental sustainability into its expanding healthcare system, as she attended the 6th Annual Forum of the General Authority for Healthcare, held under the patronage of Prime Minister Mostafa Madbouly. The two-day forum, held on 26–27
- [Investment, finance ministries implement 29 reforms to boost trade flow across ports](https://www.dailynewsegypt.com/2025/11/26/investment-finance-ministries-implement-29-reforms-to-boost-trade-flow-across-ports/) - Minister of Investment and Foreign Trade Hassan El-Khatib chaired a meeting of the Board of Directors of the Export Subsidy Fund to discuss the budget of the 2025/2026 Export Rebate Programme. El-Khatib highlighted ongoing coordination with Minister of Finance Ahmed Kouchouk and all relevant government entities regarding the Export Rebate Programme, within a comprehensive governmental
- [Khaled El Nabawy: I dedicate CIFF award to cinema workers – they are partners in dream](https://www.dailynewsegypt.com/2025/11/26/khaled-el-nabawy-i-dedicate-ciff-award-to-cinema-workers-they-are-partners-in-dream/) - In a hall charged with applause, emotion, and the glow of camera flashes, actor Khaled El Nabawy walked onto the stage of the Cairo International Film Festival (CIFF) to receive the Faten Hamama Award for Lifetime Achievement. Yet instead of turning the moment into pure personal triumph, he transformed it into a tribute – dedicating
- [Opinion | When Education Becomes a National Strategy: Egypt and South Korea Open a Window to the Future](https://www.dailynewsegypt.com/2025/11/26/opinion-when-education-becomes-a-national-strategy-egypt-and-south-korea-open-a-window-to-the-future/) - The visit of the President of South Korea to Egypt reaffirmed that relations between the two countries are entering a new, more mature, and deeply strategic phase – one grounded in a shared understanding that genuine investment begins with people, and that human-capacity development is the only reliable pathway to stable and globally competitive growth.
- [Egypt businesses eye increased trade, investment with Saudi Arabia: HSBC report](https://www.dailynewsegypt.com/2025/11/26/egypt-businesses-eye-increased-trade-investment-with-saudi-arabia-hsbc-report/) - New HSBC research shows Egyptian businesses are turning to Saudi Arabia as their next growth priority; almost 90% set to significantly increase trade in the next 5 years. According to a new HSBC report, Egyptian business leaders plan to rapidly increase trade and investment with Saudi Arabia, as the Kingdom’s Vision 2030 plan builds a
- [Egypt calls for deeper health, pharmaceutical partnership with Türkiye](https://www.dailynewsegypt.com/2025/11/25/egypt-calls-for-deeper-health-pharmaceutical-partnership-with-turkiye/) - Egypt’s Deputy Prime Minister and Minister of Health, Khaled Abdel Ghaffar, said on Tuesday that the historic and strategic ties between Egypt and Türkiye make bilateral health cooperation “a cornerstone for achieving sustainable regional health security.” Speaking at the opening of the 11th World Medical Congress in Ankara, held from 24 to 26 November 2025,
- [Gaza struggles under fragile truce as Egypt plans reconstruction conference](https://www.dailynewsegypt.com/2025/11/25/gaza-struggles-under-fragile-truce-as-egypt-plans-reconstruction-conference/) - Egyptian President Abdel Fattah Al-Sisi has affirmed that Cairo is maintaining contacts with all parties to uphold the halt in fighting in Gaza, announcing that Egypt will host an international conference focused on early recovery and reconstruction. But developments on the ground highlight the fragility of the truce. The U.S.-based Jewish Voice for Peace accused
- [FM pushes for deeper US investment and outlines Egypt’s Gaza and Nile red lines in AmCham address](https://www.dailynewsegypt.com/2025/11/25/fm-pushes-for-deeper-us-investment-and-outlines-egypts-gaza-and-nile-red-lines-in-amcham-address/) - Egypt’s Foreign Minister, Badr Abdelatty, used an address at the American Chamber of Commerce in Cairo on Tuesday to urge stronger US investment in Egypt while setting out Cairo’s core positions on Gaza, Nile water security and regional conflicts. Abdelatty said economic and investment cooperation with the United States is a central pillar of the
- [Egypt, Italy sign agreements to establish 89 applied technology schools](https://www.dailynewsegypt.com/2025/11/25/egypt-italy-sign-agreements-to-establish-89-applied-technology-schools/) - Egypt and Italy signed a series of cooperation protocols on Tuesday to establish 89 new applied technology schools across multiple specialisations, in a move officials said would significantly expand the country’s technical education system. Prime Minister Mostafa Madbouly witnessed the signing ceremony in Cairo. The event was attended by ministers responsible for water resources, agriculture,
- [Egypt, Algeria agree to deepen strategic ties, coordinate on Gaza ceasefire, regional crises](https://www.dailynewsegypt.com/2025/11/25/egypt-algeria-agree-to-deepen-strategic-ties-coordinate-on-gaza-ceasefire-regional-crises/) - Egyptian President Abdel Fattah Al-Sisi met on Tuesday with Algeria’s Prime Minister Seifi Ghrib, reaffirming the strategic nature of relations between the two countries and their shared commitment to expanding cooperation across multiple fields, the Egyptian presidency said. Presidential spokesperson Mohamed El-Shennawy said Al-Sisi opened the meeting by emphasising the “deep historical bonds” between Egypt
- [Suez Canal Economic Zone receives 24 new cranes for Hutchison’s automated Sokhna terminal](https://www.dailynewsegypt.com/2025/11/25/suez-canal-economic-zone-receives-24-new-cranes-for-hutchisons-automated-sokhna-terminal/) - Egypt’s Suez Canal Economic Zone (SCZone) received 24 new container-handling units on Monday for the Red Sea Container Terminal (RSCT), operated by Hutchison Ports at Ain Sokhna, the authority said in a statement. The equipment — supplied by Shanghai Zhenhua Heavy Industries (ZPMC), part of China Communications Construction Company (CCCC) — includes six ship-to-shore cranes
- [Digitopia finalists to compete for more than EGP 10m in prizes as Egypt’s ICT minister prepares to announce winners](https://www.dailynewsegypt.com/2025/11/25/digitopia-finalists-to-compete-for-more-than-egp-10m-in-prizes-as-egypts-ict-minister-prepares-to-announce-winners/) - Egypt will hold the final round of its national digital innovation competition “Digitopia” on Friday and Saturday (28–29 November), with 72 teams reaching the last stage to compete for prizes worth more than EGP 10m, the Ministry of Communications and Information Technology said on Monday. More than 300 competitors will take part in the finals
- [Bulgaria to expand investment presence in Egypt as 26 firms join December economic talks](https://www.dailynewsegypt.com/2025/11/25/bulgaria-to-expand-investment-presence-in-egypt-as-26-firms-join-december-economic-talks/) - Egypt and Bulgaria signalled a renewed push to deepen economic ties on Monday, as Sofia confirmed that 26 Bulgarian companies will participate in next month’s session of the Egyptian–Bulgarian Joint Committee for Economic Cooperation in Cairo—part of a wider effort to expand Bulgarian investment in the Egyptian market. Investment and Foreign Trade Minister Hasan El-Khatib
- [ECS in Beijing concludes promotional tour in Shandong, Hunan to boost Chinese investment in Egypt](https://www.dailynewsegypt.com/2025/11/25/ecs-in-beijing-concludes-promotional-tour-in-shandong-hunan-to-boost-chinese-investment-in-egypt/) - The Egyptian Commercial Service (ECS) office in Beijing carried out an intensive programme of activities across Shandong and Hunan provinces in November 2025, as part of efforts to widen trade and investment cooperation with key Chinese industrial hubs and strengthen linkages between Chinese supply chains and Egypt’s manufacturing and logistics capabilities. Minister Plenipotentiary for Commercial
- [Al-Sisi meets Eni chief as Italian energy group plans $8bn in new Egypt investments](https://www.dailynewsegypt.com/2025/11/25/al-sisi-meets-eni-chief-as-italian-energy-group-plans-8bn-in-new-egypt-investments/) - Egyptian President Abdel Fattah Al-Sisi met Eni chief executive Claudio Descalzi in Cairo on Tuesday to discuss the company’s current operations and future investment plans in the country, the presidency said. Prime Minister Mostafa Madbouly and Petroleum Minister Karim Badawi attended the meeting, alongside senior Eni officials including Guido Brusco, head of natural resources
- [Opinion | The Mirage of Power: Inside the Middle East’s Stealth-Fighter Fever](https://www.dailynewsegypt.com/2025/11/25/opinion-the-mirage-of-power-inside-the-middle-easts-stealth-fighter-fever/) - When the October War of 1973 erupted, Israel held a clear advantage over Egypt in both air power and armoured forces. At the time, Israel possessed the American-made Phantom and Skyhawk aircraft—then the crown jewels of U.S. aviation—outclassing Egypt’s most advanced MiG-21 and Sukhoi-7 jets in range, armament, combat systems, and air endurance. In armoured
- [Opinion | From Germany’s Past to Egypt’s Future](https://www.dailynewsegypt.com/2025/11/25/opinion-from-germanys-past-to-egypts-future/) - Of all the countries I have visited around the world, Germany remains the most capable of unsettling the mind and awakening difficult questions. History there does not hide in books; it walks in the streets, carved into museum walls and the stones of old crossings. Everything suggests that reconciliation with the past is not a
- [GAFI hosts first Egyptian-Algerian Technical Committee meeting](https://www.dailynewsegypt.com/2025/11/25/gafi-hosts-first-egyptian-algerian-technical-committee-meeting/) - The General Authority for Investment and Free Zones (GAFI) hosted the first meeting of the Egyptian–Algerian Technical Committee for Investment Cooperation, chaired by Hossam Heiba, CEO of the Authority, representing the Egyptian side, and Omar Rkach, Director General of the Algerian Investment Promotion Agency, representing the Algerian side. The meeting was attended by Yasser Abbas
- [CIB, NUCA sign cooperation protocol to finance purchase of Housing Ministry units](https://www.dailynewsegypt.com/2025/11/25/cib-nuca-sign-cooperation-protocol-to-finance-purchase-of-housing-ministry-units/) - The Commercial International Bank (CIB) – Egypt and the Ministry of Housing, Utilities, and Urban Communities, represented by the New Urban Communities Authority (NUCA), have signed a cooperation protocol under which the bank will provide mortgage financing to clients wishing to purchase housing units owned by the Authority. These units form part of NUCA’s mandate
- [MSMEDA discusses extending technical cooperation with JICA](https://www.dailynewsegypt.com/2025/11/25/msmeda-discusses-extending-technical-cooperation-with-jica/) - The Micro, Small and Medium Enterprise Development Agency (MSMEDA) held the third Joint Coordination Committee meeting for the Japanese Technical Cooperation Project, attended by Ibisua Yu, Chief Representative of the Japan International Cooperation Agency (JICA) in Egypt; Takaki Yamamoto, First Secretary at the Japanese Embassy; the JICA project team; agency representatives; and a number of
- [Egypt emerges as high-potential market for global digital trade: Standard Chartered](https://www.dailynewsegypt.com/2025/11/25/egypt-emerges-as-high-potential-market-for-global-digital-trade-standard-chartered/) - Standard Chartered announced on Tuesday the findings of its latest Future of Trade: Digitisation report, identifying Egypt as one of the highest-potential digital trade markets worldwide. The report highlights a rapidly transforming corporate landscape in Egypt and strong demand for the technologies that will shape the next phase of global commerce. The study—based on a
- [Egypt’s engineering exports rise to $5.33bn in M10 2025](https://www.dailynewsegypt.com/2025/11/25/egypts-engineering-exports-rise-to-5-33bn-in-m10-2025/) - Egypt’s engineering industries sector recorded a 12.4% increase in exports, reaching $5.33bn during the first 10 months of 2025, up from $4.746bn during the same period last year, according to the latest data from the Engineering Export Council of Egypt (EECE). The EECE’s monthly report showed a notable surge in the sector’s exports in October
- [Egypt Accelerates AI-Driven Growth Toward 7.7% GDP Contribution by 2030, Empowered by Cybersecurity and Sustainability Initiatives](https://www.dailynewsegypt.com/2025/11/25/egypt-accelerates-ai-driven-growth-toward-7-7-gdp-contribution-by-2030-empowered-by-cybersecurity-and-sustainability-initiatives/) - International Quality and Sustainability Consultant Mohamed El-Lethey underscored Egypt’s sustainability initiatives complementing AI and cybersecurity progress
- [Ahl Masr Hospital Launches Region’s First Burn Care Conference](https://www.dailynewsegypt.com/2025/11/25/ahl-masr-hospital-launches-regions-first-burn-care-conference/) - Under the patronage of the Ministry of Health and Population and the Ministry of Social Solidarity, Ahl Masr Foundation and Ahl Masr Burn Hospital announced the launch of the Middle East’s first international scientific conference dedicated entirely to burn care. The event will take place on 26–27 November at Ahl Masr Hospital in Cairo, marking
- [Egypt, Qatar push to shore up Gaza ceasefire amid worsening humanitarian crisis](https://www.dailynewsegypt.com/2025/11/24/egypt-qatar-push-to-shore-up-gaza-ceasefire-amid-worsening-humanitarian-crisis/) - Egypt’s Foreign Minister Badr Abdelatty held a phone call on Monday with Qatar’s Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani to discuss efforts to stabilise the ceasefire in Gaza and review regional developments, the Egyptian Foreign Ministry said. Ministry spokesman Ahmed Abu Zeid said Abdelatty stressed the need to prevent any
- [Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters](https://www.dailynewsegypt.com/2025/11/24/egypt-begins-2nd-round-of-parliamentary-elections-with-34-6m-eligible-voters/) - Egypt opened the second phase of its 2025 House of Representatives elections on Monday, with voting taking place over 24–25 November across 13 governorates, including Cairo, Qalyubia, Menoufia, Dakahlia, Kafr El-Sheikh, Gharbia, Damietta, Sharqia, Port Said, Ismailia, Suez, North Sinai and South Sinai. The National Election Authority (NEA) said 34,611,991 citizens are eligible to vote
- [Al-Sisi directs acceleration of New Delta project, expanded land reclamation](https://www.dailynewsegypt.com/2025/11/24/al-sisi-directs-acceleration-of-new-delta-project-expanded-land-reclamation/) - Egyptian President Abdel Fattah Al-Sisi instructed officials on Monday to speed up work on the New Delta agricultural project and advance new land reclamation initiatives as part of national efforts to strengthen food security, the presidency said. Presidential spokesperson Mohamed El-Shennawy stated that Al-Sisi met with Water Resources and Irrigation Minister Hani Sweilam; presidential adviser
- [Egypt’s PM arrives in Angola for AU–EU Summit, holds talks with Croatian counterpart](https://www.dailynewsegypt.com/2025/11/24/egypts-pm-arrives-in-angola-for-au-eu-summit-holds-talks-with-croatian-counterpart/) - Arriving in Luanda on Monday, Egypt’s Prime Minister Mostafa Madbouly began representing President Abdel Fattah al-Sisi at the seventh African Union–European Union Summit, held in the Angolan capital on 24–25 November. Madbouly is accompanied by Foreign Minister Badr Abdelatty and is scheduled to attend the opening session and deliver Egypt’s address during the first plenary
- [Egyptian-Algerian expert meetings held ahead of joint higher committee session](https://www.dailynewsegypt.com/2025/11/24/egyptian-algerian-expert-meetings-held-ahead-of-joint-higher-committee-session/) - Egypt and Algeria concluded two days of expert-level preparatory meetings in Cairo ahead of the ninth session of the Egyptian–Algerian Joint Higher Committee, which will be chaired by the prime ministers of both countries. The talks were co-led by Egypt’s Ministry of Planning, Economic Development and International Cooperation and Algeria’s Ministry of Industry. More than
- [Egypt, Azerbaijan hold talks to deepen economic and digital cooperation](https://www.dailynewsegypt.com/2025/11/24/egypt-azerbaijan-hold-talks-to-deepen-economic-and-digital-cooperation/) - Egypt’s Planning and Economic Development Minister Rania Al-Mashat met Azerbaijan’s Digital Development and Transport Minister Rashad Nabiyev in Cairo on Monday as the two countries opened the sixth session of the Joint Egyptian–Azerbaijani Committee for Economic, Scientific and Technical Cooperation. Al-Mashat said Egypt is seeking to widen cooperation across a range of sectors and noted
- [Egypt to analyse 3.5 billion e-invoices, receipts to boost economy, service quality: Finance Minister](https://www.dailynewsegypt.com/2025/11/24/egypt-to-analyse-3-5-billion-e-invoices-receipts-to-boost-economy-service-quality-finance-minister/) - Finance Minister Ahmed Kouchouk said that Egypt is ready to deploy artificial intelligence tools to fully capitalise on its digitised tax and public finance systems. He noted that the ministry now holds 3.5 billion electronic invoices and receipts that it aims to analyse more deeply to support the economy and improve service quality. Kouchouk stressed
- [KarmSolar speeds up Egypt’s renewable energy drive](https://www.dailynewsegypt.com/2025/11/24/karmsolar-speeds-up-egypts-renewable-energy-drive/) - Egypt’s clean-energy transition is gaining fresh momentum as KarmSolar expands its footprint in the national solar market through a series of new, large-scale projects. The company, led by CEO Ahmed Zahran, plans to invest $110m over the next three years to develop solar infrastructure across key regions, while simultaneously rolling out its first international project
- [Banking consortium grants EGP 5bn syndicated loan to Drive Finance](https://www.dailynewsegypt.com/2025/11/24/banking-consortium-grants-egp-5bn-syndicated-loan-to-drive-finance/) - A consortium of leading Egyptian banks – the National Bank of Egypt (NBE), Commercial International Bank (CIB), Arab African International Bank (AAIB), Banque du Caire, Housing and Development Bank (HDB) and Emirates NBD Egypt – has granted a long-term syndicated loan worth EGP 5bn to Drive Finance, the non-banking financial services subsidiary of GB Corp.
- [Egypt targets 20% industrial GDP share by 2030: Minister](https://www.dailynewsegypt.com/2025/11/24/egypt-targets-20-industrial-gdp-share-by-2030-minister/) - Minister of Local Development and Acting Minister of Environment Manal Awad said Egypt aims to raise the industrial sector’s contribution to 20% of GDP by 2030, expand the share of green industries to 5%, and double industrial employment to seven million jobs. These targets align with the urgent industrial development plan launched by the President
- [US intensifies pressure on Venezuela as Trump administration labels ‘Cartel of the Suns’ a terrorist organisation](https://www.dailynewsegypt.com/2025/11/24/us-intensifies-pressure-on-venezuela-as-trump-administration-labels-cartel-of-the-suns-a-terrorist-organisation/) - The administration of US President Donald Trump has escalated pressure on Venezuelan President Nicolás Maduro, with Washington’s designation of the so-called “Cartel de los Soles” as a foreign terrorist organisation entering into force, and the top US military officer preparing to visit American forces deployed in the Caribbean near Venezuela. The designation marks the latest
- [Al-Sisi’s categorical refusal halted Israeli proposal to move Gaza civilians into Sinai, former Mossad chief writes](https://www.dailynewsegypt.com/2025/11/24/al-sisis-categorical-refusal-halted-israeli-proposal-to-move-gaza-civilians-into-sinai-former-mossad-chief-writes/) - Egyptian President Abdel Fattah Al-Sisi’s firm rejection stopped an Israeli proposal to relocate Palestinians from Gaza into Egypt’s Sinai Peninsula during the 2023 Gaza war, according to former Mossad director Yossi Cohen’s newly released memoir. Cohen writes that he devised the plan, which he claims was intended as a temporary evacuation in the aftermath of
- [Cairo to host 1st Egyptian–African Economic Conference to advance trade, investment, integration](https://www.dailynewsegypt.com/2025/11/24/cairo-host-1st-egyptian-african-economic-conference-to-advance-trade-investment-integration/) - Organised by Al-Ahram Hebdo, Egyptian–African conference will be held under the theme “The Africa We Want… Integration and Partnership for the Future.”
- [Egypt, Qatar discuss expanding health cooperation, Gaza support](https://www.dailynewsegypt.com/2025/11/23/egypt-qatar-discuss-expanding-health-cooperation-gaza-support/) - Egyptian Health Minister and Deputy Prime Minister Khaled Abdel Ghaffar met on Sunday with Qatar’s Ambassador to Cairo, Sheikh Jassim bin Abdulrahman Al Thani, to explore ways to strengthen bilateral cooperation across multiple health fields, the Egyptian Health Ministry said. In a statement, ministry spokesperson Hossam Abdel Ghaffar highlighted the depth of relations between Egypt
- [Egypt prepares youth-focused financing initiative, incentives for first 100k simplified-system taxpayers: Finance Minister](https://www.dailynewsegypt.com/2025/11/23/egypt-prepares-youth-focused-financing-initiative-incentives-for-first-100k-simplified-system-taxpayers-finance-minister/) - Finance Minister Ahmed Kouchouk said the government is developing new incentive measures to stimulate productive sectors and strengthen entrepreneurship across the Egyptian economy. He added that the ministry is working with the Micro, Small and Medium Enterprise Development Agency (MSMEDA) on a new initiative that will provide youth with affordable financing and expanded support for
- [Gaza ceasefire under strain amid Israeli escalation, Hamas delegation heads to Cairo](https://www.dailynewsegypt.com/2025/11/23/gaza-ceasefire-under-strain-amid-israeli-escalation-hamas-delegation-heads-to-cairo/) - A Hamas delegation led by senior official Khalil Al-Hayya arrived in Cairo on Saturday night to discuss the latest Israeli escalation in the Gaza Strip and explore steps toward implementing the second phase of the ceasefire agreement signed in Sharm El-Sheikh on October 10. Their visit comes amid mounting concerns over repeated violations of the
- [Egypt secures €53.8m green industry financing from AFD, EIB](https://www.dailynewsegypt.com/2025/11/23/egypt-secures-e53-8m-green-industry-financing-from-afd-eib/) - Egypt signed a €53.8m concessional financing and grant agreement with the French Development Agency (AFD) and the European Investment Bank (EIB) to support its Sustainable Green Industries (GSI) programme, which promotes greener industrial production, reduces emissions, and enhances competitiveness, the Planning Ministry said on Sunday. Planning and International Cooperation Minister Rania Al-Mashat signed the financing
- [Egypt’s Madbouly meets Japanese, Vietnamese leaders at G20 to deepen strategic, economic ties](https://www.dailynewsegypt.com/2025/11/23/egypts-madbouly-meets-japanese-vietnamese-leaders-at-g20-to-deepen-strategic-economic-ties/) - Egyptian Prime Minister Mostafa Madbouly held separate meetings with Japanese Prime Minister Sanae Takaichi and Vietnamese Prime Minister Pham Minh Chinh on the sidelines of the 2025 G20 Summit in Johannesburg, where he is representing President Abdel Fattah Al-Sisi. Madbouly praised the 70-year relationship between Egypt and Japan, recalling the elevation of ties to a
- [EGP 10.053bn injected into national veal project: Agriculture Ministry](https://www.dailynewsegypt.com/2025/11/23/egp-10-053bn-injected-into-national-veal-project-agriculture-ministry/) - The Ministry of Agriculture and Land Reclamation announced that total financing for the National Veal Project, covering both local and imported calves, has reached EGP 10.053bn. The initiative has benefited more than 45,100 small farmers, young graduates, and women in villages included in the Decent Life programme. The funding has supported the raising and fattening
- [Egypt’s non-oil exports surge 19% to $40.6bn in M10 2025](https://www.dailynewsegypt.com/2025/11/23/egypts-non-oil-exports-surge-19-to-40-6bn-in-m10-2025/) - Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, reviewed the latest foreign trade indicators for October 2025, highlighting continued growth in exports and a significant decline in the trade deficit, according to a report from the General Organization for Export and Import Control. The report showed that total exports in October 2025 reached $3.84bn,
- [New accounting, auditing standards for SMEs to boost compliance: FRA chairperson](https://www.dailynewsegypt.com/2025/11/23/new-accounting-auditing-standards-for-smes-to-boost-compliance-fra-chairperson/) - Egypt will introduce new accounting and auditing standards tailored for small and medium-sized enterprises (SMEs) as part of a broader reform of the profession, Financial Regulatory Authority (FRA) Chairperson Mohamed Farid said on Saturday. He said the move would strengthen compliance, improve financial reporting quality and align Egyptian standards with international best practices to help
- [Brassbell Hospitality unveils first Fanaya Hotel in Jeddah, marking entry into Saudi market](https://www.dailynewsegypt.com/2025/11/23/brassbell-hospitality-unveils-first-fanaya-hotel-in-jeddah-marking-entry-into-saudi-market/) - Brassbell Hospitality Group has entered the Saudi Arabian market with the launch of the Fanaya Hotel in Jeddah, the first property under its newly introduced Fanaya brand and the starting point of a planned multi-phase expansion across the Kingdom. The opening comes as Saudi Arabia continues to scale up its hospitality sector, with growing demand
- [Egypt launches Sustainable Green Industries Programme to boost competitiveness, investments](https://www.dailynewsegypt.com/2025/11/23/egypt-launches-sustainable-green-industries-programme-to-boost-competitiveness-investments/) - Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat on Sunday opened a high-level workshop introducing the Sustainable Green Industries Program, saying it reflected the central role of international cooperation in advancing economic development and accelerating the country’s industrial transition. The event, titled “The Sustainable Green Industries Project to Support Egyptian Industry,” brought
- [Egypt advances masterplan for Khedival, Islamic Cairo as new investment packages take shape](https://www.dailynewsegypt.com/2025/11/23/egypt-advances-masterplan-for-khedival-islamic-cairo-as-new-investment-packages-take-shape/) - Deputy Minister of Housing Abdel Khalek Ibrahim said Egypt and Oman share closely aligned national development goals centred on sustainability, urban regeneration, and balanced growth. He noted that both Oman Vision 2040 and Egypt Vision 2030 aim to harmonise heritage and modernity — an approach reflected in Egypt’s New Capital and Oman’s Sultan Haitham City.
- [BINBAZ Developments debuts in Egypt with WestVille project](https://www.dailynewsegypt.com/2025/11/23/binbaz-developments-debuts-in-egypt-with-westville-project/) - BINBAZ Developments has entered Egypt’s real estate market with the launch of its first project, WestVille, in West Cairo, marking the beginning of the company’s long-term investment strategy in the country. Mohamed Khattab, CEO of BINBAZ Developments, said WestVille introduces a development model centred on integrated services and a well-connected location. He noted that the
- [Grit Properties launches RATIO in New Cairo with EGP 6bn investment plan](https://www.dailynewsegypt.com/2025/11/23/grit-properties-launches-ratio-in-new-cairo-with-egp-6bn-investment-plan/) - Grit Properties has officially entered Egypt’s real estate market with the launch of its first project, RATIO, marking the start of a broader expansion strategy supported by planned investments totalling EGP 6bn. Mohamed Hassan, Chairperson of Grit Properties, said Egypt’s ongoing urban development is creating strong investment opportunities across multiple sectors. He described RATIO as
- [Egypt’s top 10 real estate developers record EGP 1.05trn in sales during M9 2025](https://www.dailynewsegypt.com/2025/11/23/egypts-top-10-real-estate-developers-record-egp-1-05trn-in-sales-during-m9-2025/) - The Board Consulting’s report for the first nine months of 2025 shows that Egypt’s top 10 real estate developers achieved combined sales of EGP 1.05trn, marking a 4% increase compared to the same period last year. Total unit sales reached around 50,000, up 3% year-on-year, while the average ticket price remained stable at approximately EGP
- [Cairo real estate market rebounds on policy reforms, renewed investor confidence](https://www.dailynewsegypt.com/2025/11/23/cairo-real-estate-market-rebounds-on-policy-reforms-renewed-investor-confidence/) - JLL’s Market Dynamics Q3 2025 report outlines a broadly optimistic outlook for Cairo’s real estate sector, driven by targeted government reforms and improving macroeconomic conditions. According to the report, structural policy measures, a series of interest rate cuts, and ambitious FDI targets are reshaping investor behaviour and reinforcing the sector’s strong growth potential. Adding further
- [Opella’s net-zero targets validated by SBTi](https://www.dailynewsegypt.com/2025/11/23/opellas-net-zero-targets-validated-by-sbti/) - Opella announced on Sunday that the Science Based Targets initiative (SBTi) has officially validated its near- and long-term emissions-reduction goals, confirming that the company’s climate strategy aligns with the Paris Agreement and the global +1.5°C pathway. Under the validated plan, Opella commits to achieving net-zero carbon emissions across its operations and value chain by 2050.
- [Engazaat wins EEA 2025 Award for transformative sustainability partnership with Nestlé](https://www.dailynewsegypt.com/2025/11/23/engazaat-wins-eea-2025-award-for-transformative-sustainability-partnership-with-nestle/) - Engazaat has won the Disruptive Duo for Market Innovation Award at the Egypt Entrepreneur Awards (EEA) 2025, recognising its cross-sector partnership with Nestlé to build a reliable, low-carbon, locally rooted sourcing ecosystem. The award highlights a collaboration that began in 2024, when Nestlé sought an Egyptian partner capable of supplying sustainably produced agricultural inputs for
- [OpenText solutions boost digital transformation across key Egyptian institutions](https://www.dailynewsegypt.com/2025/11/23/opentext-solutions-boost-digital-transformation-across-key-egyptian-institutions/) - As Egypt accelerates its national digital transformation agenda, global information-management leader OpenText is expanding its role in modernising how government bodies and enterprises manage, secure, and activate their data. With AI adoption gaining momentum and new regulations reshaping data governance, OpenText executives say the company is focused on helping Egyptian institutions build trusted, scalable foundations
- [Egypt’s Unified Procurement Authority explores Pan-African digital platform to expand access to medicines](https://www.dailynewsegypt.com/2025/11/23/egypts-unified-procurement-authority-explores-pan-african-digital-platform-to-expand-access-to-medicines/) - The Egyptian Authority for Unified Procurement (UPA) has announced that it is evaluating a strategic proposal to develop a unified digital platform aimed at enhancing access to medicines and medical supplies across Africa. UPA Chairperson Hisham Stait met with representatives from the African Association for Healthcare and Pharmaceuticals and Fixed Egypt to discuss the project,
- [Ethiopia’s ‘unpredictable’ GERD releases trigger major Blue Nile swings: Egypt's irrigation ministry](https://www.dailynewsegypt.com/2025/11/22/ethiopias-unpredictable-gerd-releases-trigger-major-blue-nile-swings-egypts-irrigation-ministry/) - Egypt accused Ethiopia on Saturday of operating the Grand Ethiopian Renaissance Dam (GERD) in a “unilateral and hydrologically inconsistent” manner, saying abrupt and irregular water releases in recent weeks have caused pronounced fluctuations along the Blue Nile. Cairo said the instability forced it to open the Toshka spillway to preserve balance in its water system.
- [Health minister opens upgraded emergency units, inspects major infrastructure projects](https://www.dailynewsegypt.com/2025/11/22/health-minister-opens-upgraded-emergency-units-inspects-major-infrastructure-projects/) - Egypt’s Health Minister Khaled Abdel Ghaffar on Saturday inaugurated upgraded emergency, outpatient and reception units at Matariya Teaching Hospital and the National Institute of Urology and Nephrology, as part of ongoing efforts to modernise health infrastructure and improve medical services, the Health Ministry said. Ministry spokesperson Hossam Abdel Ghaffar said the minister began his tour
- [Israeli ceasefire violations escalate in Gaza as international pressure mounts for protection measures](https://www.dailynewsegypt.com/2025/11/22/israeli-ceasefire-violations-escalate-in-gaza-as-international-pressure-mounts-for-protection-measures/) - Egyptian Foreign Minister Badr Abdelatty warned on Saturday that accelerating the deployment of an international stabilization force in Gaza has become an urgent necessity to protect the fragile ceasefire and ensure full implementation of the latest UN Security Council resolution. Abdelatty delivered the message during separate meetings with UK National Security Adviser Jonathan Powell and
- [Egypt’s trade with G20 countries hits $70.4bn in first 9 months of 2025](https://www.dailynewsegypt.com/2025/11/22/egypts-trade-with-g20-countries-hits-70-4bn-in-first-9-months-of-2025/) - The Central Agency for Public Mobilization and Statistics (CAPMAS) reported an increase in trade between Egypt and the Group of 20 countries (G20) to $70.4bn during the period extending from January to September 2025, compared to $61.7bn in the same period in 2024. This figures marks a growth of 14.1%. The announcement was made on the
- [Egypt’s PM joins opening of first Africa-hosted G20 Summit as leaders push for reforms on climate, debt, global inequality](https://www.dailynewsegypt.com/2025/11/22/egypts-pm-joins-opening-of-first-africa-hosted-g20-summit-as-leaders-push-for-reforms-on-climate-debt-global-inequality/) - Egyptian Prime Minister Mostafa Madbouly on Saturday attended the opening session of the 2025 G20 Leaders’ Summit in Johannesburg, representing President Abdel Fattah Al-Sisi at the first G20 meeting ever held on the African continent. Madbouly travelled with Foreign Minister and Minister of Immigration Badr Abdelatty; Sherif Kamel, the President’s personal representative to the
- [MSMEDA injects EGP 22.7bn since 2022, funding 493k projects: Rahmy](https://www.dailynewsegypt.com/2025/11/22/msmeda-injects-egp-22-7bn-since-2022-funding-493k-projects-rahmy/) - Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has channelled EGP 22.7bn in funding since 2022, supporting around 493,000 projects across the governorates and creating more than one million jobs. He noted that young people and women received 47% of the total financing. Rahmy added that
- [Entrepreneurship key to building more competitive economy at 2025 awards ceremony: Al-Mashat](https://www.dailynewsegypt.com/2025/11/22/entrepreneurship-key-to-building-more-competitive-economy-at-2025-awards-ceremony-al-mashat/) - Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said entrepreneurship remained a core pillar of the country’s move towards a more productive, innovative and competitive economy, as she attended the 5th Egypt’s Entrepreneur Awards (EEA) 2025 at the Grand Egyptian Museum. The ceremony, now in its fifth year, announced winners across 15
- [Industry ministry allocates 185,000 sqm for new industrial projects in 16 governorates](https://www.dailynewsegypt.com/2025/11/22/industry-ministry-allocates-185000-sqm-for-new-industrial-projects-in-16-governorates/) - The Ministry of Industry has announced the results of the 12th exceptional offering of serviced industrial land, following the closure of applications on 6 November. The Industrial Development Authority received around 209 investment applications through the Egypt Industrial Digital Platform for the plots on offer. The round resulted in the allocation of 100 land plots
- [G20: Egypt says ready to host international conference on Gaza reconstruction](https://www.dailynewsegypt.com/2025/11/22/g20-egypt-says-ready-to-host-international-conference-on-gaza-reconstruction/) - Egypt is ready to host an international conference on early recovery and reconstruction in Gaza, Prime Minister Mostafa Madbouly told a G20 session on Saturday, calling for urgent reforms to the global debt system and renewed support for multilateral trade frameworks. Madbouly delivered the remarks during the session on “inclusive and sustainable economic growth,
- [India delays decision on extraditing ex-PM Hasina as Bangladesh tensions rise](https://www.dailynewsegypt.com/2025/11/22/india-delays-decision-on-extraditing-ex-pm-hasina-as-bangladesh-tensions-rise/) - India is facing a growing diplomatic challenge after Bangladesh renewed its demand for New Delhi to extradite former prime minister Sheikh Hasina, who fled to India in August 2024 and was sentenced to death in absentia by a Dhaka war-crimes court earlier this week over her handling of last year’s student protests. India, which
- [European leaders say US 28-point Ukraine peace draft needs more work, reject any change of borders by force](https://www.dailynewsegypt.com/2025/11/22/european-leaders-say-us-28-point-ukraine-peace-draft-needs-more-work-reject-any-change-of-borders-by-force/) - European leaders meeting on the sidelines of the G20 Summit in Johannesburg on Saturday said the US-drafted 28-point plan to end the war in Ukraine could serve as a basis for negotiations, but requires substantial further work. They reiterated their refusal to accept any alteration of Ukraine’s borders by force. In a joint statement,
- [Opinion | Expat Remittances: Egypt’s Inexhaustible Mine](https://www.dailynewsegypt.com/2025/11/22/opinion-expat-remittances-egypts-inexhaustible-mine/) - Whenever we look at the foreign-exchange reserve data of the Central Bank of Egypt, we find that gold accounts for an important portion valued at around $16bn. But did you know that there is another “mine” that renews itself every year and far exceeds this stock? It is the mine of human gold – and
- [CBE outlines drivers behind October’s rise in inflation](https://www.dailynewsegypt.com/2025/11/22/cbe-outlines-drivers-behind-octobers-rise-in-inflation/) - Annual urban headline inflation accelerated to 12.5% in October 2025, up from 11.7% in September, according to data released by the Central Bank of Egypt (CBE). The CBE said the acceleration was primarily driven by higher services prices, especially imputed residential rents, in addition to an uptick in volatile food prices. Non-food inflation rose to
- [Inflation-related risks necessitate cautious monetary-easing approach: CBE](https://www.dailynewsegypt.com/2025/11/22/inflation-related-risks-necessitate-cautious-monetary-easing-approach-cbe/) - The Central Bank of Egypt (CBE) has cautioned that persistent inflation-related risks necessitate a prudent approach to the ongoing monetary easing cycle. During its meeting last Thursday, the Monetary Policy Committee (MPC) decided to keep the CBE’s key policy rates unchanged — maintaining the overnight deposit rate at 21%, the overnight lending rate at 22%,
- [Al-Sisi, Putin mark installation of reactor pressure vessel at Egypt’s first Dabaa nuclear unit](https://www.dailynewsegypt.com/2025/11/19/al-sisi-putin-mark-installation-of-reactor-pressure-vessel-at-egypts-first-dabaa-nuclear-unit/) - Egyptian President Abdel Fattah Al-Sisi said on Wednesday that the installation of the reactor pressure vessel at the first unit of the Dabaa Nuclear Power Plant marks “a new and bright chapter” in Egypt’s nuclear programme, underscoring the depth of Cairo’s strategic partnership with Moscow. Speaking via video link during a ceremony also attended by
- [Egypt concludes first D-8 health ministers’ meeting with consensus on four priority areas](https://www.dailynewsegypt.com/2025/11/19/egypt-concludes-first-d-8-health-ministers-meeting-with-consensus-on-four-priority-areas/) - Egypt has concluded the first health ministerial meeting of the Developing Eight (D-8) Organisation for Economic Cooperation with broad agreement on four priority areas for joint action, the Ministry of Health announced. The three-day gathering, held in the New Administrative Capital, was chaired by Health Minister and Deputy Prime Minister for Human Development Khaled Abdel
- [Gaza accuses Israel of hundreds of truce violations as winter rains deepen humanitarian crisis](https://www.dailynewsegypt.com/2025/11/19/gaza-accuses-israel-of-hundreds-of-truce-violations-as-winter-rains-deepen-humanitarian-crisis/) - Gaza’s fragile ceasefire came under renewed strain as local authorities accused Israel of committing hundreds of violations since the truce took effect on October 11, while international officials warned that heavy rains and winter cold were intensifying an already dire humanitarian crisis. The Gaza Government Media Office said Israeli forces had carried out 393 ceasefire
- [Egypt, Angola discuss strengthening ties, preparations for 2025 Africa–EU Summit in Luanda](https://www.dailynewsegypt.com/2025/11/19/egypt-angola-discuss-strengthening-ties-preparations-for-2025-africa-eu-summit-in-luanda/) - Egypt’s Foreign Minister Badr Abdelatty held a phone call on Wednesday with his Angolan counterpart, Tete Antonio, to discuss strengthening bilateral relations, regional developments, and preparations for the 2025 Africa–European Union summit in Luanda, the Egyptian Ministry of Foreign Affairs announced. Foreign Ministry spokesman Tamim Khallaf said Abdelatty praised the growing momentum in Egyptian–Angolan relations,
- [CBE set to decide EGP interest rates amid sharp split in market expectations](https://www.dailynewsegypt.com/2025/11/19/cbe-set-to-decide-egp-interest-rates-amid-sharp-split-in-market-expectations/) - The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will hold its seventh regular meeting of the year tomorrow, Thursday, to determine the direction of the key policy interest rates, which remain the primary indicator guiding short-term pound interest rates. The meeting comes at a time when expert opinions and investment-bank projections
- [New administrative area, model farm launched in South Sinai's El-Tor](https://www.dailynewsegypt.com/2025/11/19/new-administrative-area-model-farm-launched-in-south-sinais-el-tor/) - Egypt's New Egyptian Rural Development Company has launched a new administrative and service area and a model farm in the city of El-Tor in South Sinai, as it expands its agricultural and service development projects into the Sinai Peninsula. The new area was inaugurated in a ceremony on Wednesday attended by several cabinet ministers and
- [Local Development Ministry to showcase Upper Egypt development programme at Nov. 27 conference](https://www.dailynewsegypt.com/2025/11/19/local-development-ministry-to-showcase-upper-egypt-development-programme-at-nov-27-conference/) - Egypt will on Nov. 27 hold a high-level conference titled "Reform and Empowerment of Local Administration: Lessons Learned from the Local Development Program in Upper Egypt," the Ministry of Local Development has announced. The conference, to be held under the patronage of Prime Minister Mostafa Madbouly, is being jointly organised by the ministry and its
- [Egypt, Switzerland’s Stark partner to produce low-voltage electric motors](https://www.dailynewsegypt.com/2025/11/19/egypt-switzerlands-stark-partner-to-produce-low-voltage-electric-motors/) - Mohamed Salah El-Din Mostafa, Minister of State for Military Production, attended the signing of a Memorandum of Understanding between the National Authority for Military Production and the Swiss company Stark to collaborate on the manufacturing and marketing of electric motors. The minister affirmed the Ministry’s commitment to implementing President Abdel Fattah Al-Sisi’s directives to localize
- [Egypt explores industrial cooperation in automotive sector with Southern African Customs Union](https://www.dailynewsegypt.com/2025/11/19/egypt-explores-industrial-cooperation-in-automotive-sector-with-southern-african-customs-union/) - Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, met with South Africa's Minister of Trade, Industry and Competition, Parks Tau, to discuss strengthening economic relations between the two countries, with a focus on potential industrial cooperation in the automotive sector. The meeting, held in Pretoria, was a follow-up to the South African minister's visit
- [Industry Ministry approves energy allocations for seven companies in SCZONE](https://www.dailynewsegypt.com/2025/11/19/industry-ministry-approves-energy-allocations-for-seven-companies-in-sczone/) - The Ministry of Industry and Transport has approved energy supply requests for seven industrial companies operating within the Suez Canal Economic Zone (SCZONE), following a review by the Ministerial Committee for Industrial Development. The approvals were issued during the committee’s 34th meeting, chaired by Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of
- [Cairo International Film Festival concludes tomorrow after 10 days of cinematic brilliance](https://www.dailynewsegypt.com/2025/11/19/cairo-international-film-festival-concludes-tomorrow-after-10-days-of-cinematic-brilliance/) - Tomorrow, Friday, the curtain falls on the 46th Cairo International Film Festival, concluding 10 days in which Cairo seemed like two cities at once: one moving to its familiar daily rhythm, and another unfolding within it—its lights shimmering across the Opera House, the Archives Building, the Creativity Centre, and every hall that hosted a screening.
- [ECS in Beirut hosts 12 leading Lebanese brands to promote investment in Egypt](https://www.dailynewsegypt.com/2025/11/19/ecs-in-beirut-hosts-12-leading-lebanese-brands-to-promote-investment-in-egypt/) - The Egyptian Commercial Service (ECS) in Beirut recently organized an event, in cooperation with the Lebanese Franchise Association, as part of its ongoing efforts to promote Egypt’s investment climate, attract Lebanese investors, and monitor the performance of existing Lebanese investments in the country. The event brought together 12 leading Lebanese brands, all of which either
- [Town Writers announces a strategic partnership with Attaby Construction - a subsidiary of Attaby Holding, with construction investments worth EGP 5.1B over next 2 years](https://www.dailynewsegypt.com/2025/11/19/town-writers-announces-a-strategic-partnership-with-attaby-for-construction-and-industry-with-construction-investments-worth-egp-5-1-billion-over-the-next-two-years/) - Town Writers, a leading real estate developer, has announced the signing of a new strategic partnership agreement with Attaby for Construction and Industry, one of the subsidiaries of Attaby Holding. The company specializes in construction, infrastructure, general contracting, industry, and trade. Through this partnership, Town Writers will inject construction investments worth EGP 5.1 billion over
- [Egyptian Golf Federation Redraws the Sport’s Landscape, Positioning Egypt as a Global Hub for Major Championships](https://www.dailynewsegypt.com/2025/11/19/egyptian-golf-federation-redraws-the-sports-landscape-positioning-egypt-as-a-global-hub-for-major-championships/) - The election of Egyptian Golf Federation President Omar Hisham Talaat to the Executive Committee of the Arab Golf Federation for the 2025–2029 term during the General Assembly in Riyadh—held on the sidelines of the Arab Men’s Championship—came as no surprise. The move reflects Egypt’s growing prominence on the regional and international golf map and stands
- [Decision Makers Conference to Explore Synergy Between Tourism and Real Estate for Economic Growth](https://www.dailynewsegypt.com/2025/10/06/decision-makers-conference-to-explore-synergy-between-tourism-and-real-estate-for-economic-growth/) - The seventh edition of the Decision Makers Conference will be held on Sunday, 12 October, at the Waldorf Astoria Hotel in Cairo under the theme “Towards an Integrated Vision Between the Tourism and Real Estate Sectors to Support the Egyptian Economy.” The event, organised by San & Sam, takes place under the patronage of the
- [Bonyan Reports Strong 9% Growth in Gross Asset Value for H1 2025, Outpacing Inflation](https://www.dailynewsegypt.com/2025/08/11/bonyan-reports-strong-9-growth-in-gross-asset-value-for-h1-2025-outpacing-inflation/) - The growth outpaced Egypt’s 7.9% headline inflation for the same period, translating to a GAV of EGP 171.2k per square meter as of June 2025
- [Miguel Angel Jiménez and Cara Gainer Triumph in Historic Week for Moroccan Golf](https://www.dailynewsegypt.com/2025/02/10/miguel-angel-jimenez-and-cara-gainer-triumph-in-historic-week-for-moroccan-golf/) - Spanish golf veteran Miguel AngelJiménez and England’s Cara Gainer claimed major victories at the Hassan II Trophy and Lalla Meryem Cup, respectively, during a historic week at Royal Golf Dar Es Salam. The tournament, held under the High Patronage of His Majesty King Mohammed VI, concluded with award ceremonies presided over by His Royal Highness
- [Poland eyes increased economic cooperation with Egypt: president of Polish-African Chamber of Commerce](https://www.dailynewsegypt.com/2018/08/01/poland-eyes-increased-economic-cooperation-with-egypt-president-of-polish-african-chamber-of-commerce/) - Egypt ranks 12 in apples import from Polish marke
- [Egypt scraps parliamentary election results in 19 districts over violations](https://www.dailynewsegypt.com/2025/11/19/egypt-scraps-parliamentary-election-results-in-19-districts-over-violations/) - Egypt's National Election Authority on Thursday announced it was annulling the results of the first phase of parliamentary elections in 19 electoral districts across seven governorates due to violations. The decision was announced at a press conference by the head of the authority, Hazem Badawy, following a directive from President Abdel Fattah al-Sisi on Monday
- [Deep Palestinian divide after UN Security Council backs US ceasefire plan for Gaza](https://www.dailynewsegypt.com/2025/11/19/deep-palestinian-divide-after-un-security-council-backs-us-ceasefire-plan-for-gaza/) - The UN Security Council on Monday adopted a US-drafted resolution endorsing President Donald Trump’s plan to halt the war in the Gaza Strip, including the deployment of an international stabilization force to uphold the ceasefire agreement reached last October. The vote marked a diplomatic win for Washington but triggered sharp rejection from several Palestinian factions,
- [Egypt's public prosecution hands over seized gold worth $34m to central bank](https://www.dailynewsegypt.com/2025/11/19/egypts-public-prosecution-hands-over-seized-gold-worth-34m-to-central-bank/) - Egypt's public prosecution has handed over 265 kilograms of seized gold bullion, valued at nearly EGP 1.65bn ($34 million), to the country's central bank in a move praised by the prime minister as a model for efficient resource management. Speaking at a ceremony at the Public Prosecutor's office on Monday, Prime Minister Mostafa Madbouly said
- [Egypt's Al-Sisi urges 'awareness' and hard work to overcome challenges](https://www.dailynewsegypt.com/2025/11/19/egypts-al-sisi-urges-awareness-and-hard-work-to-overcome-challenges/) - Egyptian President Abdel Fattah al-Sisi on Tuesday stressed the importance of national awareness and collective effort to overcome the significant challenges facing the country and to achieve its development and economic growth goals. Speaking to students applying to the Police Academy, Sisi said, "If the idea of work is ingrained in us, and we work
- [El Khatib meets with ICC's Denton on sidelines of Bloomberg summit](https://www.dailynewsegypt.com/2025/11/19/el-khatib-meets-with-iccs-denton-on-sidelines-of-bloomberg-summit/) - Egyptian Minister of Investment and Foreign Trade, Hassan El Khatib, has met with the head of the International Chamber of Commerce (ICC) in Johannesburg to discuss joint cooperation, the ministry said in a statement. The meeting between El Khatib and ICC Secretary General John W.H. Denton took place on the sidelines of the Bloomberg New
- [Egypt's drug authority discusses market stability with global pharma firms](https://www.dailynewsegypt.com/2025/11/18/egypts-drug-authority-discusses-market-stability-with-global-pharma-firms/) - The head of the Egyptian Drug Authority (EDA) has met with representatives of multinational pharmaceutical companies to discuss mechanisms for strengthening the country's drug system and supporting investment. EDA Chairman Dr. Ali El-Ghamrawy affirmed the authority's keenness to enhance its strategic partnership with the industrial sector and support the stability of the Egyptian pharmaceutical market.
- [Abdelatty stresses Egypt's commitment to peaceful conflict resolution](https://www.dailynewsegypt.com/2025/11/18/abdelatty-stresses-egypts-commitment-to-peaceful-conflict-resolution/) - Egyptian Foreign Minister Badr Abdelatty on Tuesday briefed a delegation of foreign officers and experts from the National Defence College on the determinants of Egyptian foreign policy, the ministry said in a statement. The delegation included participants from friendly Arab, African, Asian, and European countries attending a course at the Military Academy for Higher and
- [Emerging markets are key players in reshaping global standards, says Egypt's FRA head](https://www.dailynewsegypt.com/2025/11/18/emerging-markets-are-key-players-in-reshaping-global-standards-says-egypts-fra-head/) - Emerging markets have become influential players in reshaping global standards and driving the international financial transformation, the head of Egypt's Financial Regulatory Authority (FRA) has said. Mohamed Farid, who is also the vice chairman of the International Organization of Securities Commissions (IOSCO) and chairman of its Growth and Emerging Markets Committee (GEMC), delivered the keynote
- [Health minister warns Africa faces ‘critical moment’ as development aid plunges](https://www.dailynewsegypt.com/2025/11/18/health-minister-warns-africa-faces-critical-moment-as-development-aid-plunges/) - Egypt’s Health Minister Khaled Abdel Ghaffar warned on Tuesday that Africa is approaching a critical juncture as development aid declines sharply and debt burdens rise, urging greater domestic investment in health and broader partnerships to secure the continent’s health sovereignty. Speaking via video conference at a ministerial meeting organized by the African Union Commission, Abdel
- [Al-Wazir opens EGP 1bn expansion at Beyti, launches Egypt’s 1st UHT milk line in PET Bottles](https://www.dailynewsegypt.com/2025/11/18/al-wazir-opens-egp-1bn-expansion-at-beyti-launches-egypts-1st-uht-milk-line-in-pet-bottles/) - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir continued on Tuesday his nationwide inspection of strategic industrial projects, focusing this week on major food-production facilities in Nubaria and Sadat City. His tour began at Beyti Food Industries, a subsidiary of the Almarai Group, where he inaugurated five new
- [GAFI targets 30-32% industrial GDP share by 2030: Heiba](https://www.dailynewsegypt.com/2025/11/18/gafi-targets-30-32-industrial-gdp-share-by-2030-heiba/) - Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), announced that the Authority is working to significantly increase the industrial sector’s contribution to Egypt’s GDP—from the current 14-15% to between 30% and 32%. He also outlined a national goal to raise Egyptian exports to $145bn by 2030. Heiba’s remarks came during
- [Finance ministry pushes trade facilitation with ACI rollout for air freight](https://www.dailynewsegypt.com/2025/11/18/finance-ministry-pushes-trade-facilitation-with-aci-rollout-for-air-freight/) - Minister of Finance Ahmed Kouchouk reaffirmed the government’s commitment to enhancing trade facilitation and reducing import and export costs through stronger engagement with the business community. Speaking about the upcoming implementation of the Advanced Cargo Information (ACI) system for air shipments—set to become mandatory on 1 January 2026—Kouchouk emphasized the importance of building trust and
- [SCZONE chair launches investment promotion tour in France](https://www.dailynewsegypt.com/2025/11/18/sczone-chair-launches-investment-promotion-tour-in-france/) - Walid Gamal El-Din, Chairperson of the General Authority of the Suez Canal Economic Zone (SCZONE), has kicked off a promotional tour in France to showcase investment opportunities across key sectors targeted by the Authority. The tour began with Gamal El-Din’s participation in the Egyptian–French Business Forum in Paris, attended by Egypt’s Ambassador to France Alaa
- [Egypt-Sverdlovsk trade hits $400m as economic ties deepen](https://www.dailynewsegypt.com/2025/11/18/egypt-sverdlovsk-trade-hits-400m-as-economic-ties-deepen/) - Cairo recently hosted the Egypt-Sverdlovsk Economic Forum under the theme “New Horizons for Economic Cooperation,” bringing together senior officials, business leaders, and representatives from Russia’s Sverdlovsk Region. The event was organized by the Moscow Export Center in Egypt and the Russian-Egyptian Business Council to accelerate industrial and investment partnerships between the two sides. Trade between
- [Opinion | Egypt in BRICS+: One Year of Membership – 2025 Review and Future Outlook](https://www.dailynewsegypt.com/2025/11/18/opinion-egypt-in-brics-one-year-of-membership-2025-review-and-future-outlook/) - It has been a full year since Egypt officially raised its flag within the expanded BRICS group, marking Cairo’s transition from a mere observer to an active partner in a bloc representing over half of the world’s population and nearly forty percent of global economic output. This accession was not a symbolic gesture; it marked
- [Opinion | Africa in a Multipolar World: Why the Continent Is Seeking Partners Who Prioritise Human Development Over Power Politics](https://www.dailynewsegypt.com/2025/11/18/opinion-africa-in-a-multipolar-world-why-the-continent-is-seeking-partners-who-prioritise-human-development-over-power-politics/) - In a world gradually moving beyond the dominance of a single global power, Africa finds itself in a uniquely strategic position. The continent sits at the crossroads of competing interests from the United States, China, and Russia, yet it also holds some of the most decisive assets of the twenty-first century—vast reserves of critical minerals,
- [Official Egyptian Real Estate Platform set to oversee 400,000 new units as digital transformation accelerates](https://www.dailynewsegypt.com/2025/11/17/official-egyptian-real-estate-platform-set-to-oversee-400000-new-units-as-digital-transformation-accelerates/) - Egypt’s real estate sector is entering a new era of large-scale digital integration, with the government preparing to offer more than 400,000 housing units through a unified digital system operated by The Official Egyptian Real Estate Platform. The initiative represents one of the region’s most ambitious coordinated digital real estate efforts, underscoring Egypt’s shift toward
- [Egypt steps up diplomatic push as Sudanese army advances on multiple fronts](https://www.dailynewsegypt.com/2025/11/17/egypt-steps-up-diplomatic-push-as-sudanese-army-advances-on-multiple-fronts/) - Egypt has intensified its diplomatic engagement on Sudan as the Sudanese army continues to make gains on the battlefield. Egyptian Foreign Minister Badr Abdelatty held a phone call on Monday with Sudanese Foreign Minister Mohieldin Salem to discuss the results of his recent visit to Port Sudan and ways to support efforts toward reaching a
- [Egypt expands entry facilitation measures for tourists through enhanced e-visa system](https://www.dailynewsegypt.com/2025/11/17/egypt-expands-entry-facilitation-measures-for-tourists-through-enhanced-e-visa-system/) - Egyptian Prime Minister Mostafa Madbouly chaired a meeting on Monday at the cabinet headquarters in the New Capital to review progress on expanding entry facilitations for tourists through the electronic visa system. The meeting brought together several ministers and senior officials from the relevant ministries and authorities. At the outset, Madbouly highlighted that the upcoming
- [Regional diplomacy intensifies as Gaza humanitarian crisis deepens](https://www.dailynewsegypt.com/2025/11/17/regional-diplomacy-intensifies-as-gaza-humanitarian-crisis-deepens/) - Regional diplomatic efforts gained momentum this week as Egypt and Jordan continued consultations amid mounting humanitarian concerns in the Gaza Strip. According to a statement from the Jordanian Foreign Ministry, Egyptian Foreign Minister Badr Abdelatty and his Jordanian counterpart Ayman Safadi discussed ongoing steps to reinforce the ceasefire in Gaza and the draft UN Security
- ['We have nothing to hide': Trump urges GOP to release Jeffrey Epstein files](https://www.dailynewsegypt.com/2025/11/17/we-have-nothing-to-hide-trump-urges-gop-to-release-jeffrey-epstein-files/) - US President Donald Trump has reversed his previous opposition and urged House Republicans to vote for the release of government files related to the late financier and convicted sex offender Jeffrey Epstein. In a post on his Truth Social platform on Sunday, Trump said the party had "nothing to hide" and called the issue a
- [Bangladesh court sentences former PM Sheikh Hasina to death in absentia](https://www.dailynewsegypt.com/2025/11/17/bangladesh-court-sentences-former-pm-sheikh-hasina-to-death-in-absentia/) - A court in Bangladesh on Monday sentenced former Prime Minister Sheikh Hasina to death, convicting her of ordering a deadly crackdown on a student uprising last year. The International Crimes Tribunal, a domestic war crimes court based in the capital, Dhaka, delivered the verdict amid tight security and in the absence of Hasina, who fled
- [Kremlin holds out hope for Putin-Trump summit but warns against Western 'war rhetoric'](https://www.dailynewsegypt.com/2025/11/17/kremlin-holds-out-hope-for-putin-trump-summit-but-warns-against-western-war-rhetoric/) - The Kremlin said on Monday that Russia remains hopeful that a summit can be held between President Vladimir Putin and his U.S. counterpart Donald Trump, but stressed that such a high-stakes meeting requires thorough preparation and the right conditions to succeed. The statement comes after a period of heightened diplomatic uncertainty. Last month, President Trump
- [Egypt Post launches ‘Felousy’ as first digital investment platform for funds in Egypt](https://www.dailynewsegypt.com/2025/11/17/egypt-post-launches-felousy-as-first-digital-investment-platform-for-funds-in-egypt/) - Dalia El-Baz, Chairperson of Egypt Post, announced the launch of the “Felousy” application — the first fully integrated digital platform in Egypt dedicated to investing in investment funds. The platform is operated through PFI Investment Services, a company licensed by the Financial Regulatory Authority and wholly owned by Post for Investment (PFI), the investment arm
- [Khalda Petroleum announces new gas discovery in Western Desert](https://www.dailynewsegypt.com/2025/11/17/khalda-petroleum-announces-new-gas-discovery-in-western-desert/) - The Ministry of Petroleum and Mineral Resources announced on Monday that Khalda Petroleum Company has made a new gas discovery in the Western Desert. In a statement issued on Monday, the ministry said the company successfully drilled the exploratory well “Gomana-1”, where electrical logs confirmed the presence of gas-bearing zones. Test results indicated an estimated
- [ACI system for air shipments to be implemented by January 2026: Customs chief](https://www.dailynewsegypt.com/2025/11/17/aci-system-for-air-shipments-to-be-implemented-by-january-2026-customs-chief/) - Ahmed Amawy, Head of the Customs Authority, confirmed that the successful implementation of the Advanced Cargo Information (ACI) system for maritime shipments has paved the way for its introduction for air shipments starting on 1 January 2026. He explained that the move will help reduce customs-clearance times for air cargo and lower import and export
- [Egypt signs cooperation agreement to enhance waste management in North Sinai](https://www.dailynewsegypt.com/2025/11/17/egypt-signs-cooperation-agreement-to-enhance-waste-management-in-north-sinai/) - Egypt’s Ministry of Local Development announced on Monday that it has signed a cooperation protocol with Sinai Cement Company to strengthen sustainable waste management in North Sinai, as part of national efforts to reduce pollution and improve environmental services. The signing ceremony was attended by Manal Awad, Minister of Local Development and Acting Minister of
- [SCZONE, Sky Ports sign MoU to develop multi-purpose terminal at Ain Sokhna Port](https://www.dailynewsegypt.com/2025/11/17/sczone-sky-ports-sign-mou-to-develop-multi-purpose-terminal-at-ain-sokhna-port/) - Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, witnessed the signing of a Memorandum of Understanding between the Suez Canal Economic Zone (SCZONE) and Sky Ports to conduct the necessary studies for establishing, operating, and maintaining an integrated multi-purpose terminal at Ain Sokhna Port. The two sides also signed
- [Egypt's childhood council discusses national nursery survey results](https://www.dailynewsegypt.com/2025/11/17/egypts-childhood-council-discusses-national-nursery-survey-results/) - The head of Egypt's National Council for Childhood and Motherhood (NCCM), Sahar El-Sonbaty, has participated in a consultative meeting to discuss the results of a comprehensive national survey of nurseries across the country. The meeting was organised by the Ministry of Social Solidarity, which conducted the survey to establish an executive framework for a national
- [Panasonic partners with NexGen to expand smart home solutions in Egypt](https://www.dailynewsegypt.com/2025/11/17/panasonic-partners-with-nexgen-to-expand-smart-home-solutions-in-egypt/) - NexGen, a leading provider of smart home technology solutions in Egypt, has signed a strategic partnership agreement with Panasonic, becoming the official distributor of the Japanese company’s smart home systems in the Egyptian market. The alliance supports both companies’ plans to accelerate the adoption of intelligent home technologies and promote more secure, convenient, and energy-efficient
- [CBE’s digital transformation push lifts financial inclusion to 76.3% in June 2025: Assistant Governor](https://www.dailynewsegypt.com/2025/11/17/cbes-digital-transformation-push-lifts-financial-inclusion-to-76-3-in-june-2025-assistant-governor/) - Mohamed Amer, Acting Assistant Governor of the Central Bank of Egypt (CBE) for Banking Operations and Payment Systems, announced that the Bank’s digital transformation efforts—driven by advanced technological solutions and artificial intelligence—have raised individual financial inclusion rates to 76.3% in June 2025, up from 27.4% in 2016, reflecting growth exceeding 214%. He added that financing
- [Forbes Middle East names TMG's Hisham Talaat Moustafa among top real estate CEOs](https://www.dailynewsegypt.com/2025/11/17/forbes-middle-east-names-tmgs-hisham-talaat-moustafa-among-top-real-estate-ceos/) - Forbes Middle East has named Egyptian businessman Hisham Talaat Moustafa to its list of the most powerful CEOs in the Middle East for 2025, placing him 35th in the real estate and hospitality sector. Moustafa, the CEO and Managing Director of Talaat Moustafa Group Holding (TMG), was the only Egyptian in this sector on the
- [Al-Sisi urges probe into election events, says vote could be cancelled if necessary](https://www.dailynewsegypt.com/2025/11/17/al-sisi-urges-probe-into-election-events-says-vote-could-be-cancelled-if-necessary/) - Egyptian President Abdel Fattah al-Sisi on Monday directed the National Election Authority to investigate appeals related to events that occurred during the first phase of the country's parliamentary elections last week, and said the vote could be cancelled if necessary. In a post on his social media accounts, Sisi said he had been informed of
- [Egypt's Rology wins Meta's $100,000 AMET AI Accelerator prize](https://www.dailynewsegypt.com/2025/11/17/egypts-rology-wins-metas-100000-amet-ai-accelerator-prize/) - Rology solution automates X-ray report generation through a dynamic system that mimics clinical reasoning at Meta's AMET AI Accelerator Pitch Competitio
- [Beauty for Better Life empowers 1,000 women in Egypt over three years](https://www.dailynewsegypt.com/2025/11/16/beauty-for-better-life-empowers-1000-women-in-egypt-over-three-years/) - The Beauty for a Better Life initiative continues to advance the economic and social empowerment of women in Egypt as it marks three years since its launch. The programme provides vocational training in beauty professions—including hairdressing and makeup artistry—offering women practical skills and real opportunities to achieve financial independence. Since its introduction in 2022, under
- [FEDCOC, iScore sign digital transformation partnership](https://www.dailynewsegypt.com/2025/11/16/fedcoc-iscore-sign-digital-transformation-partnership/) - The Federation of Egyptian Chambers of Commerce (FEDCOC) has signed a cooperation protocol with the Egyptian Credit Information Company (iScore) to advance the state’s efforts in financial inclusion, accelerate digital transformation, and enhance credit assessment efficiency across the financial and commercial sectors. The agreement was signed on the sidelines of Cairo ICT 2025 in the
- [Egypt, Chad discuss roadmap to expand joint investment in livestock sector](https://www.dailynewsegypt.com/2025/11/16/egypt-chad-discuss-roadmap-to-expand-joint-investment-in-livestock-sector/) - Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk, met on Sunday with Abdelrahim El-Tayeb, Chad’s Minister of Livestock, to explore avenues for strengthening bilateral cooperation in the livestock sector. The meeting, held in Cairo on the sidelines of the joint ministerial committee sessions chaired by the countries’ foreign ministers, was also attended by Egypt’s
- [FRA revokes licences of 258 microfinance NGOs for regulatory non-compliance](https://www.dailynewsegypt.com/2025/11/16/fra-revokes-licences-of-258-microfinance-ngos-for-regulatory-non-compliance/) - The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decision No. 258 of 2025 revoking the microfinance licences of 258 NGOs classified under Category “C”. The action follows extensive monitoring and inspection that revealed persistent non-compliance with the microfinance regulations set out in Law 141/2014 and its amendment by Law 201/2020. The FRA
- [Tensions mount ahead of UN vote on Gaza plan as Israel holds hard line, humanitarian crisis worsens](https://www.dailynewsegypt.com/2025/11/16/tensions-mount-ahead-of-un-vote-on-gaza-plan-as-israel-holds-hard-line-humanitarian-crisis-worsens/) - On the eve of a critical UN Security Council vote on a US-drafted resolution backing President Donald Trump’s plan to halt the war in the Gaza Strip, political, military, and humanitarian pressures are intensifying. Israel continues to signal that it may resume large-scale military operations despite the ongoing ceasefire. Hazem Qassem, spokesperson for Hamas in
- [Al-Sisi calls for faster port development, seeks expanded foreign investment in SCZONE](https://www.dailynewsegypt.com/2025/11/16/al-sisi-calls-for-faster-port-development-seeks-expanded-foreign-investment-in-sczone/) - President Abdel Fattah Al-Sisi on Sunday urged accelerated development of Egypt’s ports and logistics infrastructure, saying the country is keen to attract more foreign investment—particularly from global partners such as Maersk—into the Suez Canal Economic Zone (SCZONE). Speaking at the inauguration of several new marine terminals at East Port Said, Al-Sisi said recent advances in
- [Egypt’s non-oil exports rise 18.8% to $40.6bn in 10M 2025](https://www.dailynewsegypt.com/2025/11/16/egypts-non-oil-exports-rise-18-8-to-40-6bn-in-10m-2025/) - Egypt’s non-oil exports grew markedly in the first ten months of 2025, rising to $40.578bn from $34.148bn in the same period last year—an 18.8% increase—according to Essam El-Naggar, Chairperson of the General Organization for Export and Import Control (GOEIC). Engineering exports, particularly in home appliances and tableware, recorded $1.1bn from January to September 2025, underscoring
- [MSMEDA advances National Heritage Strategy, expands global marketing opportunities for artisans: Rahmy](https://www.dailynewsegypt.com/2025/11/16/msmeda-advances-national-heritage-strategy-expands-global-marketing-opportunities-for-artisans-rahmy/) - Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), affirmed that the agency continues to provide comprehensive support to project owners across all sectors—particularly those working in heritage and handicraft industries. He emphasized that MSMEDA is actively implementing the National Strategy for Heritage Projects, launched by Prime Minister Mostafa Madbouly, who
- [Egypt weighs expanding desalination of agricultural drainage water to bolster food production](https://www.dailynewsegypt.com/2025/11/16/egypt-weighs-expanding-desalination-of-agricultural-drainage-water-to-bolster-food-production/) - Egypt is examining an expansion of desalination for agricultural drainage water to support intensive food production amid mounting water scarcity, Water Resources and Irrigation Minister Hani Sweilem said on Sunday. During a meeting with ministry officials to review the terms of reference for a new research study—developed in cooperation with Dutch partners—Sweilem noted that reused
- [Egypt emerges as MENA leader in adopting Societal Value of Health framework: Roche](https://www.dailynewsegypt.com/2025/11/16/egypt-emerges-as-mena-leader-in-adopting-societal-value-of-health-framework-roche/) - Head of Government Affairs, Health Policy, and Market Access at Roche Egypt, Ziyad El Ahwal, said that Roche’s participation in the trilateral collaboration with Egypt’s Ministry of Health and the WifOR Institute stems from a shared vision: shifting healthcare from a cost to a long-term economic investment. He explained that the partnership—centred on a foundational
- [Egypt, Saudi Arabia sign executive programmeme to boost tourism cooperation](https://www.dailynewsegypt.com/2025/11/16/egypt-saudi-arabia-sign-executive-programmeme-to-boost-tourism-cooperation/) - Egypt’s Ministry of Tourism and Antiquities and Saudi Arabia’s Ministry of Tourism have signed an executive programme to deepen bilateral cooperation in the tourism sector. The programme builds on a memorandum of understanding (MoU) signed in November 2014, which laid the foundation for long-term collaboration between the two countries in tourism development. Under the new
- [Egypt, US-based iVara in talks to establish medical waste management company](https://www.dailynewsegypt.com/2025/11/16/egypt-us-based-ivara-in-talks-to-establish-medical-waste-management-company/) - In line with the government’s efforts to attract investment in the healthcare sector and diversify the national economy, the Egyptian Unified Procurement Authority has begun negotiations—through its subsidiaries—with the US-based iVara Group, a leading company in medical waste management, to establish a new firm for the transport and treatment of medical waste in Egypt in
- [El-Shimy chairs HOTAC general assembly to approve 2024/2025 financial results](https://www.dailynewsegypt.com/2025/11/16/el-shimy-chairs-hotac-general-assembly-to-approve-2024-2025-financial-results/) - Mohamed El-Shimy, Minister of Public Enterprises Sector, chaired the General Assembly meeting of the Holding Company for Tourism and Hotels (HOTAC), attended by assembly members, the company’s board of directors—headed by Mohamed Magid Al-Menshawy—as well as representatives from the Accountability State Authority and the Ministry of Finance. Opening the session, El-Shimy highlighted the extensive capabilities
- [Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy](https://www.dailynewsegypt.com/2025/11/16/cairo-international-film-festival-to-premiere-malaga-alley-honour-khaled-el-nabawy/) - The 46th Cairo International Film Festival (CIFF) will host the Middle East and North Africa premiere of Maryam Touzani's film "Malaga Alley" on Sunday, while also honouring acclaimed actor Khaled El Nabawy with a special screening of the Youssef Chahine classic, "The Emigrant." "Malaga Alley," a feature-length narrative co-production between Morocco, France, Spain, Germany, and
- [Filmmakers, experts to discuss teen mental health at Cairo festival panel](https://www.dailynewsegypt.com/2025/11/16/filmmakers-experts-to-discuss-teen-mental-health-at-cairo-festival-panel/) - The Cairo International Film Festival will host a panel discussion on Sunday exploring the relationship between teen cinema, storytelling, and mental health, as part of its Cairo Industry Days programme. The session, titled "Teen Cinema: The Power of Storytelling and Its Relation to Mental Health," will take place from 2:00 PM to 3:30 PM at
- [DAMAC strengthens regional presence with new Cairo office, launch of DAMAC Islands 2 in Dubai](https://www.dailynewsegypt.com/2025/11/16/damac-strengthens-regional-presence-with-new-cairo-office-launch-of-damac-islands-2-in-dubai/) - DAMAC Properties has officially opened a sales office in Cairo and unveiled its new master development, DAMAC Islands 2, during a high-profile event at the Grand Egyptian Museum overlooking the Pyramids of Giza. Hosted by Amira Sajwani, Managing Director of DAMAC Properties, the event brought together investors, media representatives, brokers, and other guests, who were
- [Three Corners unveils Horus Plaza in West Cairo with EGP 1.2bn investment](https://www.dailynewsegypt.com/2025/11/16/three-corners-unveils-horus-plaza-in-west-cairo-with-egp-1-2bn-investment/) - Three Corners Developments has announced the launch of its new project, Horus Plaza, in October Gardens, with total investments exceeding EGP 1.2bn. Spanning 7,022 sqm, Horus Plaza is designed as a mixed-use commercial, administrative, and medical hub. It enjoys a strategic location on Wahat Road, close to Horus and O West compounds, universities, residential communities,
- [Emirati Arkan debuts in Egyptian market with EGP 10bn SLCITI](https://www.dailynewsegypt.com/2025/11/16/emirati-arkan-debuts-in-egyptian-market-with-egp-10bn-slciti/) - Arkan Contracting — one of the UAE’s leading general contracting, real estate development, and infrastructure companies — has announced an ambitious expansion plan to enter Egypt’s real estate market as part of its wider regional growth strategy. The company aims to strengthen its presence in promising markets across the region and plans to inject over
- [Najm Developments initiates VELN project in New Cairo with EGP 1.6bn in investments](https://www.dailynewsegypt.com/2025/11/16/najm-developments-initiates-veln-project-in-new-cairo-with-egp-1-6bn-in-investments/) - Najm Developments has announced the launch of its latest project, VELN, with total investments exceeding EGP 1.6bn in the heart of New Cairo. Chairperson of Najm Developments, Wael Ramadan, said the project occupies a prime strategic location, spanning 3,772 sqm in the El Yasmin district of New Cairo. Ramadan explained that VELN comprises two basements,
- [AI, investment funds redefine future of Egypt’s real estate](https://www.dailynewsegypt.com/2025/11/16/ai-investment-funds-redefine-future-of-egypts-real-estate/) - Real estate developers have underscored the importance of digital transformation and the use of artificial intelligence (AI) to enhance operational efficiency and support investment growth, while also highlighting the active role of women leaders in advancing the sector and demonstrating their capabilities. Chairperson and Managing Director of Al Ahly Sabbour Developments, Ahmed Sabbour, said that
- [Alarinova launches first tourism project in Egypt, to be managed by Steigenberger](https://www.dailynewsegypt.com/2025/11/16/alarinova-launches-first-tourism-project-in-egypt-to-be-managed-by-steigenberger/) - Alarinova Real Estate and Tourism Investment has announced the launch of its first project in Egypt’s real estate market — a premium resort in Ain Sokhna to be managed by the world-renowned hospitality brand Steigenberger Hotels & Resorts. Chairperson of Alarinova, Alaa Nasser, said Egypt’s resilient real estate market continues to attract strong local and
- [Egypt unveils National Digital Health Strategy 2025–2029 to drive systemwide transformation](https://www.dailynewsegypt.com/2025/11/15/egypt-unveils-national-digital-health-strategy-2025-2029-to-drive-systemwide-transformation/) - Egypt has launched its National Digital Health Strategy for 2025–2029, a comprehensive plan to accelerate the digital transformation of the country’s healthcare system, Health Minister Khaled Abdel Ghaffar announced during a global population and development conference in Cairo held under the patronage of President Abdel Fattah Al-Sisi. Abdel Ghaffar said the strategy sets out a
- [Climate finance must be fairer for emerging economies: Finance Minister](https://www.dailynewsegypt.com/2025/11/15/climate-finance-must-be-fairer-for-emerging-economies-finance-minister/) - Ahmed Kouchouk, Minister of Finance, stated that climate finance must become fairer for emerging economies and more closely aligned with national development priorities. He said Egypt supports expanding the use of guarantees, blended-risk structures, and hedging instruments to unlock private capital. He added that Egypt also backs the re-channelling of Special Drawing Rights (SDRs) through
- [Egypt unveils plan to borrow EGP 2.524trn from domestic market in Q2 FY 2025/2026](https://www.dailynewsegypt.com/2025/11/15/egypt-unveils-plan-to-borrow-egp-2-524trn-from-domestic-market-in-q2-fy-2025-2026/) - The Egyptian government has released full details of its plan to borrow EGP 2.524trn from the domestic market during the second quarter Q2 of fiscal year (FY) 2025/2026, as part of efforts to repay maturing debt instruments and finance the state budget deficit. The Ministry of Finance published the plan on its official website, confirming
- [Al-Sisi orders expansion of oil, gas and mining exploration, new investor incentives](https://www.dailynewsegypt.com/2025/11/15/al-sisi-orders-expansion-of-oil-gas-and-mining-exploration-new-investor-incentives/) - Egyptian President Abdel Fattah Al-Sisi on Saturday directed his government to scale up oil, gas and mineral exploration and introduce additional incentives to attract investors, according to a statement from the presidency. The directives came during a meeting with Prime Minister Mostafa Madbouly and Petroleum Minister Karim Badawi. The meeting reviewed the petroleum ministry’s strategic
- [Cairo intensifies regional diplomacy to secure support for US Gaza resolution at UN](https://www.dailynewsegypt.com/2025/11/15/cairo-intensifies-regional-diplomacy-to-secure-support-for-us-gaza-resolution-at-un/) - Cairo has intensified diplomatic contacts with several Arab and Islamic states in recent hours to rally support for the US draft resolution on Gaza at the UN Security Council, according to Egyptian sources who described the effort as a “coordinated regional campaign” aimed at securing the resolution’s passage or, at minimum, building broad international backing
- [Gold in Egypt posts 2.3% weekly gain amid global volatility](https://www.dailynewsegypt.com/2025/11/15/gold-in-egypt-posts-2-3-weekly-gain-amid-global-volatility/) - Chairperson of the Gold and Precious Metals Division at the Federation of Egyptian Industries, Ehab Wassef, highlighted sharp fluctuations in the local gold market throughout the past week. He explained that although gold prices recorded notable gains in recent days, the metal gave up a significant portion of these increases during yesterday’s session, mirroring heightened
- [EGP 18bn invested in women-led small, micro projects over 11 years: Rahmy](https://www.dailynewsegypt.com/2025/11/15/egp-18bn-invested-in-women-led-small-micro-projects-over-11-years-rahmy/) - Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has injected EGP 18bn over the past 11 years to finance women-led small and micro enterprises across all governorates, contributing to the creation of at least 1.2 million job opportunities. Rahmy emphasized the agency’s strong commitment to expanding
- [Minapharm, Bayer sign strategic agreement to localize pharmaceutical manufacturing in Egypt](https://www.dailynewsegypt.com/2025/11/15/minapharm-bayer-sign-strategic-agreement-to-localize-pharmaceutical-manufacturing-in-egypt/) - Chairperson of the Egyptian Drug Authority (EDA), Ali Ghamrawy, witnessed the signing of a cooperation agreement between Minapharm Pharmaceuticals and Bayer International. The ceremony was held in the New Administrative Capital under the patronage—and in the presence—of Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, coinciding with the Global Conference on
- [Egypt starts gas production at West Burullus field in Mediterranean: Petroleum Minister](https://www.dailynewsegypt.com/2025/11/15/egypt-starts-gas-production-at-west-burullus-field-in-mediterranean-petroleum-minister/) - Minister of Petroleum and Mineral Resources Karim Badawi has announced the start of initial gas production from the West Burullus field in the Mediterranean Sea, following the successful connection of the field’s first well to the national gas grid. Early production tests indicate output approaching 45 million cubic feet per day. The project is being
- [At COP30, Egypt's Al-Mashat urges scaling up of innovative climate finance](https://www.dailynewsegypt.com/2025/11/15/at-cop30-egypts-al-mashat-urges-scaling-up-of-innovative-climate-finance/) - Egypt's Minister of Planning, Rania Al-Mashat, has called for "just financing" to enable developing countries to meet their climate commitments, stressing that preserving the path of climate action requires a genuine commitment from the international community. Speaking on the occasion of Finance Day at the COP30 climate conference in Brazil, Al-Mashat said there is an
- [Madinaty Golf named best course in Egypt and Africa](https://www.dailynewsegypt.com/2025/11/15/madinaty-golf-named-best-course-in-egypt-and-africa/) - Madinaty Golf Club has been named the Best Golf Course in Egypt for the fifth consecutive year and the Best Golf Course in Africa for the third year in a row at the prestigious World Golf Awards. Omar Hisham Talaat, Chief Business Development Officer at Talaat Moustafa Group (TMG), which developed the club, said the
- [Hala Sedky: Acting is responsibility, not stage for ego; director is true vision-holder](https://www.dailynewsegypt.com/2025/11/15/hala-sedky-acting-is-responsibility-not-stage-for-ego-director-is-true-vision-holder/) - Fresh from being honored at the Very Short Films Festival (VS-FILM) in Ain Sokhna, acclaimed actress Hala Sedky revisits the milestones of her artistic journey — from Qalb El-Leil to her latest television projects, through her collaborations with renowned directors and her renewed partnership with Mohamed Sami. In this in-depth interview with Daily News Egypt,
- [Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team](https://www.dailynewsegypt.com/2025/11/15/egypt-golf-team-reclaims-arab-standing-with-silver-omar-hisham-talaat-congratulates-team/) - Egypt's men’s national golf team secured two silver medals at the 43rd Arab Golf Championship in Saudi Arabia, finishing second in both the individual and team events. The team—comprising Issa Aboulela, Adam El Shami, Mohamed Aboulela, and Alaa El-Din Salama—finished behind Morocco, which retained the team title for the third consecutive year. The UAE secured
- [Suez Canal Bank posts EGP 5bn profit in September 2025, up 62%](https://www.dailynewsegypt.com/2025/11/15/suez-canal-bank-posts-egp-5bn-profit-in-september-2025-up-62/) - Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, announced that the bank achieved a net profit of EGP 5bn in September 2025, compared to EGP 3.1bn in the same period of 2024—an increase of 62%. This strong performance was driven by a 58% rise in net interest income, which reached EGP 6.2bn,
- [ADCB launches ClimaTech Accelerator 2025](https://www.dailynewsegypt.com/2025/11/15/adcb-launches-climatech-accelerator-2025/) - Abu Dhabi Commercial Bank (ADCB) has renewed its strategic partnership with the NilePreneurs Initiative, affiliated with Nile University, to launch the third edition of the ClimaTech Accelerator 2025—a specialized programme designed to support startups and SMEs in the environmental and climate technology sectors. This year’s edition focuses on advancing the circular plastic economy in Egypt,
- [saib Bank board gives initial approval for EGP 20bn bond programme to fund expansion](https://www.dailynewsegypt.com/2025/11/15/saib-bank-board-gives-initial-approval-for-egp-20bn-bond-programme-to-fund-expansion/) - The Board of Directors of saib Bank has granted initial approval for a proposal to issue a fixed-income, nominal, non-convertible bond programme to be offered in several tranches in Egyptian pounds over a three-year period. The programme, with a total value of up to EGP 20bn, is designed to finance the bank’s expansion plans across
- [HDB marks first milestone of 2025–2030 strategy as strong results reinforce growth momentum: Ghanem](https://www.dailynewsegypt.com/2025/11/15/hdb-marks-first-milestone-of-2025-2030-strategy-as-strong-results-reinforce-growth-momentum-ghanem/) - Hassan Ghanem, CEO and Managing Director of the Housing and Development Bank (HDB), expressed pride in the bank’s robust financial and operational performance during the first nine months of 2025. He said the results demonstrate HDB’s ability to seize opportunities and translate them into tangible achievements, supported by its institutional agility and effective resource management.
- [Egypt's golf chief Omar Hisham Talaat elected to Arab Golf Federation board](https://www.dailynewsegypt.com/2025/11/13/egypts-golf-chief-omar-hisham-talaat-elected-to-arab-golf-federation-board/) - Arab Golf Federation General Assembly saw Yasir Al-Rumayyan of Saudi Arabia retain his position as president, Omar Hisham Talaat election as board member
- [Sala Thai marks 34 years in Cairo with new honour, launch of Sala Thai Mart](https://www.dailynewsegypt.com/2025/11/11/sala-thai-marks-34-years-in-cairo-with-new-honour-launch-of-sala-thai-mart/) - The Royal Thai Embassy in Cairo hosted a dual celebration last Sunday at the renowned Sala Thai restaurant, marking two milestones in one day. The event featured the formal renewal of the prestigious “Thai SELECT” Quality Certification, followed by the grand opening of “Sala Thai Mart,” a new marketplace dedicated to authentic Thai products. These
- [CBE receives $1.68bn in bids for USD-denominated T-bills](https://www.dailynewsegypt.com/2025/11/12/cbe-receives-1-68bn-in-bids-for-usd-denominated-t-bills/) - The Central Bank of Egypt (CBE) received 28 bids totalling $1.677bn for its latest auction of US dollar-denominated treasury bills (T-bills). The CBE had offered $1.5bn in the 363-day bills, scheduled to mature on 10 November 2026. According to data published on the bank’s website, 21 bids were accepted, amounting to $1.5473bn, at an average
- [UN warns of ‘systematic atrocities,’ deepening humanitarian catastrophe in Sudan](https://www.dailynewsegypt.com/2025/11/12/un-warns-of-systematic-atrocities-deepening-humanitarian-catastrophe-in-sudan/) - Sudan’s Transitional Sovereign Council Chairperson Abdel Fattah Al-Burhan reaffirmed his country’s commitment to cooperating with the United Nations and its agencies, particularly on humanitarian efforts, while insisting that all UN operations must respect Sudan’s sovereignty. During a meeting in Port Sudan with UN Under-Secretary-General for Humanitarian Affairs Tom Fletcher, Al-Burhan accused the “Dagalo militia”—a reference
- [Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it](https://www.dailynewsegypt.com/2025/11/12/egypts-al-sisi-ratifies-new-criminal-procedures-law-after-parliament-amends-it/) - Egyptian President Abdel Fattah Al-Sisi has ratified a new criminal procedures law after parliament approved amendments to address his objections to several of its articles, the presidency announced. The president's office said the House of Representatives had amended the articles in a way that "avoids the reasons for the objection, increases the guarantees for the
- [Egypt launches 3rd World Conference on Population, Health and Human Development](https://www.dailynewsegypt.com/2025/11/12/egypt-launches-3rd-world-conference-on-population-health-and-human-development/) - Egypt on Wednesday inaugurated the third edition of the World Conference on Population, Health and Human Development 2025, held under the patronage of President Abdel Fattah Al-Sisi and in the presence of Prime Minister Mostafa Madbouly. The event brings together senior global health experts under the theme “Empowering People, Advancing Progress, Expanding Opportunities.” In his
- [Standard Bank launches Egypt office to boost Africa, Middle East trade](https://www.dailynewsegypt.com/2025/11/12/standard-bank-launches-egypt-office-to-boost-africa-middle-east-trade/) - Standard Bank Group, Africa's largest financial institution by assets, has officially launched a representative office in Egypt to strengthen trade and investment flows between Egypt, Sub-Saharan Africa, and the Middle East. The South Africa-based bank announced the launch at an event held at the Pyramids of Giza in Cairo. "This expansion reflects Standard Bank’s belief

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- [Energy](https://www.dailynewsegypt.com/category/business/energy/) - News, analysis and comment from on Egypt’s and the global energy markets from the Daily News Egypt, Egyptʼs leading publication.
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- [Tourism](https://www.dailynewsegypt.com/category/business/touriism/) - News, analysis and comment on tourism, travel, and hospitality from the Daily News Egypt, the country’s leading English language publication.
- [Environment](https://www.dailynewsegypt.com/category/environment/) - Daily News Egypt coverage of latest news, comments, and analysis of climate and environment-related issues.
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- [Sports](https://www.dailynewsegypt.com/category/sports/) - Latest sports news, results, fixtures, blogs and comments on Egypt’s and global sport from the Daily News Egypt, the only independent English daily newspaper in Egypt.
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- [Opinion](https://www.dailynewsegypt.com/category/opinion/) - Daily News Egypt Opinion section features opinion articles, newspaper editorials of Egyptian and international affairs. Dive deeper with our Opinion columnists, editorials and op-eds.
- [Lifestyle](https://www.dailynewsegypt.com/category/lifestyle/) - Daily News Egypt Lifestyle features Egypt‘s latest fashion and beauty trends, travel ideas and reviews.
- [In Focus](https://www.dailynewsegypt.com/category/in-focus/) - Daily News Egypt explores stories beyond the headlines to the story for a deeper understanding of Egypt, MENA, and Africa’s news. In Focus features, provocative argument from all political viewpoints.
- [Automotive](https://www.dailynewsegypt.com/category/business/automotive/) - Stay informed with the latest automotive news, including commentary and archival articles published on The Daily News Egypt
- [Business](https://www.dailynewsegypt.com/category/business/) - Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
- [Culture](https://www.dailynewsegypt.com/category/culture/) - Daily News Egypt dives into the art world! Culture, in all of its facets: All the latest news and reviews on culture, the arts and entertainment. Daily News Egypt covers all aspects of Egyptian culture including Ancient Egyptian, Islamic, Christian, and African, and Mediterranean heritages.
- [Interviews](https://www.dailynewsegypt.com/category/interviews/) - Daily News Egypt interviews with leading political, cultural, and business figures from Egypt, MENA, Africa and across the globe. Focusing on latest events and news happening in Egypt today.
- [Economy](https://www.dailynewsegypt.com/category/business/economy/) - Get the latest economic news and analysis on the Egyptian and global economy from the Daily News Egypt,
- [Banking](https://www.dailynewsegypt.com/category/business/banking-a-finance/) - The latest banking stories from Egypt and across the globe, by the Daily News Egypt banking team, including global insight and commentary on the top issues concerning this sector.
- [Cartoon](https://www.dailynewsegypt.com/category/cartoon/)
- [Breaking News](https://www.dailynewsegypt.com/category/breaking-news/) - Get informed with the latest news, breaking news and current affairs coverage from Egypt, Africa, and around the world on the Daily News Egypt
- [Cinema](https://www.dailynewsegypt.com/category/cinema/) - Latest Cinema and Film news, comment and analysis from the Daily News Egypt, the only independent English newspaper in Egypt.
- [Science](https://www.dailynewsegypt.com/category/science/) - Latest Science and Technology news, comment and analysis from the Daily News Egypt, the leading source of news in Egypt.
- [Society in depth](https://www.dailynewsegypt.com/category/society-in-depth/) - Society in Depth provides news and unmissable features, opinions and experiences about Egyptian Society from the Daily News Egypt.
- [Parliament](https://www.dailynewsegypt.com/category/parliament/) - Latest news and analysis about the Egyptian Parliament, covering both Egypt’s House of Representatives and the Senate from the Daily News Egypt.
- [Women](https://www.dailynewsegypt.com/category/women/) - Find the latest women’s news, features and opinions on the Daily News Egypt. Women section stands for economic and social empowerment of women in Egypt and worldwide.
- [Uncategorized](https://www.dailynewsegypt.com/category/uncategorized/)
- [Us Today](https://www.dailynewsegypt.com/category/us-today/)

## Tags

- [Banking](https://www.dailynewsegypt.com/tag/banking-a-finance/)
- [Infrastructure](https://www.dailynewsegypt.com/tag/infrastructure/)
- [Media](https://www.dailynewsegypt.com/tag/media/)
- [Dining](https://www.dailynewsegypt.com/tag/dining/)
- [Books](https://www.dailynewsegypt.com/tag/books/)
- [Football](https://www.dailynewsegypt.com/tag/football/)
- [Golf](https://www.dailynewsegypt.com/tag/golf-/)
- [Tennis](https://www.dailynewsegypt.com/tag/tennis/)
- [Arabic](https://www.dailynewsegypt.com/tag/arabic/)
- [Culture](https://www.dailynewsegypt.com/tag/culture/)
- [English](https://www.dailynewsegypt.com/tag/english/)
- [Economy](https://www.dailynewsegypt.com/tag/economy/)
- [Business](https://www.dailynewsegypt.com/tag/business/)
- [protests](https://www.dailynewsegypt.com/tag/protests-2/)
- [Tahrir](https://www.dailynewsegypt.com/tag/tahrir-2/)
- [presidential elections](https://www.dailynewsegypt.com/tag/presidential-elections-2/)
- [scaf](https://www.dailynewsegypt.com/tag/scaf/)
- [constitutional declaration](https://www.dailynewsegypt.com/tag/constitutional-declaration/)
- [national defence council](https://www.dailynewsegypt.com/tag/national-defence-council/)
- [Egypt](https://www.dailynewsegypt.com/tag/egypt-2/)
- [revolution](https://www.dailynewsegypt.com/tag/revolution/)
- [Rana Allam](https://www.dailynewsegypt.com/tag/rana-allam/)
- [politics](https://www.dailynewsegypt.com/tag/politics-2/)
- [nawaya](https://www.dailynewsegypt.com/tag/nawaya/)
- [environment](https://www.dailynewsegypt.com/tag/environment-2/)
- [People Assembly](https://www.dailynewsegypt.com/tag/people-assembly/)
- [presidential elections committee](https://www.dailynewsegypt.com/tag/presidential-elections-committee/)
- [Morsi](https://www.dailynewsegypt.com/tag/morsi/)
- [carter centre](https://www.dailynewsegypt.com/tag/carter-centre/)
- [Real Estate](https://www.dailynewsegypt.com/tag/real-estate/)
- [Nahda](https://www.dailynewsegypt.com/tag/nahda/)
- [Iraq](https://www.dailynewsegypt.com/tag/iraq/)
- [Turkey](https://www.dailynewsegypt.com/tag/turkey/)
- [Clashes](https://www.dailynewsegypt.com/tag/clashes/)
- [Muslim Brotherhood](https://www.dailynewsegypt.com/tag/muslim-brotherhood/)
- [People's Assembly](https://www.dailynewsegypt.com/tag/peoples-assembly/)
- [Gaza](https://www.dailynewsegypt.com/tag/gaza/)
- [Sinai](https://www.dailynewsegypt.com/tag/sinai/)
- [air strikes](https://www.dailynewsegypt.com/tag/air-strikes/)
- [civilians](https://www.dailynewsegypt.com/tag/civilians/)
- [Bassem Youssef](https://www.dailynewsegypt.com/tag/bassem-youssef/)
- [Okasha](https://www.dailynewsegypt.com/tag/okasha/)
- [high on body fat](https://www.dailynewsegypt.com/tag/high-on-body-fat/)
- [arabs got talent](https://www.dailynewsegypt.com/tag/arabs-got-talent/)
- [music](https://www.dailynewsegypt.com/tag/music-2/)
- [comedy](https://www.dailynewsegypt.com/tag/comedy/)
- [Mubarak](https://www.dailynewsegypt.com/tag/mubarak/)
- [health](https://www.dailynewsegypt.com/tag/health-2/)
- [nigeria](https://www.dailynewsegypt.com/tag/nigeria/)
- [boko haram](https://www.dailynewsegypt.com/tag/boko-haram/)
- [violence](https://www.dailynewsegypt.com/tag/violence/)
- [sectarian](https://www.dailynewsegypt.com/tag/sectarian/)
- [Syria](https://www.dailynewsegypt.com/tag/syria/)
- [Arab Spring](https://www.dailynewsegypt.com/tag/arab-spring/)
- [UN](https://www.dailynewsegypt.com/tag/un/)
- [Nielsen](https://www.dailynewsegypt.com/tag/nielsen/)
- [consumer confidence](https://www.dailynewsegypt.com/tag/consumer-confidence/)
- [Shafiq](https://www.dailynewsegypt.com/tag/shafiq/)
- [election](https://www.dailynewsegypt.com/tag/election/)
- [presidential](https://www.dailynewsegypt.com/tag/presidential/)
- [dollars](https://www.dailynewsegypt.com/tag/dollars/)
- [liquidity](https://www.dailynewsegypt.com/tag/liquidity/)
- [ministry of finance](https://www.dailynewsegypt.com/tag/ministry-of-finance/)
- [interest](https://www.dailynewsegypt.com/tag/interest/)
- [debt](https://www.dailynewsegypt.com/tag/debt/)
- [painter](https://www.dailynewsegypt.com/tag/painter/)
- [women](https://www.dailynewsegypt.com/tag/women/)
- [colour](https://www.dailynewsegypt.com/tag/colour/)
- [graffiti](https://www.dailynewsegypt.com/tag/graffiti/)
- [art](https://www.dailynewsegypt.com/tag/art-2/)
- [police](https://www.dailynewsegypt.com/tag/police/)
- [murder](https://www.dailynewsegypt.com/tag/murder/)
- [alexandria](https://www.dailynewsegypt.com/tag/alexandria/)
- [church bombing](https://www.dailynewsegypt.com/tag/church-bombing/)
- [taxi](https://www.dailynewsegypt.com/tag/taxi/)
- [opinion](https://www.dailynewsegypt.com/tag/opinion-2/)
- [column](https://www.dailynewsegypt.com/tag/column/)
- [Novel](https://www.dailynewsegypt.com/tag/novel/)
- [US](https://www.dailynewsegypt.com/tag/us/)
- [EU](https://www.dailynewsegypt.com/tag/eu/)
- [aid](https://www.dailynewsegypt.com/tag/aid/)
- [paintings](https://www.dailynewsegypt.com/tag/paintings/)
- [DNE](https://www.dailynewsegypt.com/tag/dne/)
- [Book](https://www.dailynewsegypt.com/tag/book/)
- [Oil](https://www.dailynewsegypt.com/tag/oil/)
- [Prices](https://www.dailynewsegypt.com/tag/prices/)
- [Petrol](https://www.dailynewsegypt.com/tag/petrol/)
- [egyptian](https://www.dailynewsegypt.com/tag/egyptian/)
- [food](https://www.dailynewsegypt.com/tag/food/)
- [recipe](https://www.dailynewsegypt.com/tag/recipe/)
- [review](https://www.dailynewsegypt.com/tag/review/)
- [El Gouna](https://www.dailynewsegypt.com/tag/el-gouna/)
- [Land](https://www.dailynewsegypt.com/tag/land/)
- [Construction](https://www.dailynewsegypt.com/tag/construction/)
- [Commercial](https://www.dailynewsegypt.com/tag/commercial/)
- [David Blanks](https://www.dailynewsegypt.com/tag/david-blanks/)
- [sustainability](https://www.dailynewsegypt.com/tag/sustainability/)
- [euro](https://www.dailynewsegypt.com/tag/euro/)
- [women of egypt](https://www.dailynewsegypt.com/tag/women-of-egypt-2/)
- [colours](https://www.dailynewsegypt.com/tag/colours/)
- [IT](https://www.dailynewsegypt.com/tag/it/)
- [incubators](https://www.dailynewsegypt.com/tag/incubators/)
- [trauma](https://www.dailynewsegypt.com/tag/trauma/)
- [Investment](https://www.dailynewsegypt.com/tag/investment/)
- [FJP](https://www.dailynewsegypt.com/tag/fjp/)
- [Al-Dostour](https://www.dailynewsegypt.com/tag/al-dostour/)
- [Incite](https://www.dailynewsegypt.com/tag/incite/)
- [Aboul Fotouh](https://www.dailynewsegypt.com/tag/aboul-fotouh/)
- [Wael Ghonim](https://www.dailynewsegypt.com/tag/wael-ghonim/)
- [Coalition](https://www.dailynewsegypt.com/tag/coalition/)
- [Visa](https://www.dailynewsegypt.com/tag/visa/)
- [Sudan](https://www.dailynewsegypt.com/tag/sudan/)
- [jazz](https://www.dailynewsegypt.com/tag/jazz/)
- [nasr city](https://www.dailynewsegypt.com/tag/nasr-city/)
- [ahmed shafiq](https://www.dailynewsegypt.com/tag/ahmed-shafiq/)
- [maher hamoud](https://www.dailynewsegypt.com/tag/maher-hamoud/)
- [movie](https://www.dailynewsegypt.com/tag/movie/)
- [Ismailia](https://www.dailynewsegypt.com/tag/ismailia/)
- [film festival](https://www.dailynewsegypt.com/tag/film-festival/)
- [documentary](https://www.dailynewsegypt.com/tag/documentary/)
- [tear gas](https://www.dailynewsegypt.com/tag/tear-gas/)
- [journalists detention](https://www.dailynewsegypt.com/tag/journalists-detention/)
- [stock markets](https://www.dailynewsegypt.com/tag/stock-markets/)
- [bahrain protests](https://www.dailynewsegypt.com/tag/bahrain-protests/)
- [shiite bahrain](https://www.dailynewsegypt.com/tag/shiite-bahrain/)
- [refugees](https://www.dailynewsegypt.com/tag/refugees/)
- [nato](https://www.dailynewsegypt.com/tag/nato/)
- [Shafik](https://www.dailynewsegypt.com/tag/shafik/)
- [Mursi](https://www.dailynewsegypt.com/tag/mursi/)
- [Morsy](https://www.dailynewsegypt.com/tag/morsy/)
- [Mursy](https://www.dailynewsegypt.com/tag/mursy/)
- [vote](https://www.dailynewsegypt.com/tag/vote/)
- [banks](https://www.dailynewsegypt.com/tag/banks/)
- [security](https://www.dailynewsegypt.com/tag/security/)
- [ATM](https://www.dailynewsegypt.com/tag/atm/)
- [reactions](https://www.dailynewsegypt.com/tag/reactions/)
- [budget](https://www.dailynewsegypt.com/tag/budget/)
- [president](https://www.dailynewsegypt.com/tag/president/)
- [el-ganzouri](https://www.dailynewsegypt.com/tag/el-ganzouri/)
- [moody](https://www.dailynewsegypt.com/tag/moody/)
- [downgrade](https://www.dailynewsegypt.com/tag/downgrade/)
- [hsbc](https://www.dailynewsegypt.com/tag/hsbc/)
- [citigroup](https://www.dailynewsegypt.com/tag/citigroup/)
- [barclays](https://www.dailynewsegypt.com/tag/barclays/)
- [shura council](https://www.dailynewsegypt.com/tag/shura-council/)
- [constitution](https://www.dailynewsegypt.com/tag/constitution/)
- [lawsuit](https://www.dailynewsegypt.com/tag/lawsuit/)
- [case](https://www.dailynewsegypt.com/tag/case/)
- [judge](https://www.dailynewsegypt.com/tag/judge/)
- [libya elections](https://www.dailynewsegypt.com/tag/libya-elections/)
- [NTC](https://www.dailynewsegypt.com/tag/ntc/)
- [libya](https://www.dailynewsegypt.com/tag/libya/)
- [gnc](https://www.dailynewsegypt.com/tag/gnc/)
- [tel aviv](https://www.dailynewsegypt.com/tag/tel-aviv/)
- [victory](https://www.dailynewsegypt.com/tag/victory/)
- [anwar el sadat](https://www.dailynewsegypt.com/tag/anwar-el-sadat/)
- [nasser](https://www.dailynewsegypt.com/tag/nasser/)
- [gamal abdel nasser](https://www.dailynewsegypt.com/tag/gamal-abdel-nasser/)
- [sewage](https://www.dailynewsegypt.com/tag/sewage/)
- [soueif](https://www.dailynewsegypt.com/tag/soueif/)
- [yemen](https://www.dailynewsegypt.com/tag/yemen/)
- [middle east](https://www.dailynewsegypt.com/tag/middle-east/)
- [arab](https://www.dailynewsegypt.com/tag/arab/)
- [trials](https://www.dailynewsegypt.com/tag/trials/)
- [detentions](https://www.dailynewsegypt.com/tag/detentions/)
- [arrest](https://www.dailynewsegypt.com/tag/arrest/)
- [journalists](https://www.dailynewsegypt.com/tag/journalists/)
- [european commission](https://www.dailynewsegypt.com/tag/european-commission/)
- [investors union](https://www.dailynewsegypt.com/tag/investors-union/)
- [businessmen](https://www.dailynewsegypt.com/tag/businessmen/)
- [workshop](https://www.dailynewsegypt.com/tag/workshop/)
- [zamalek](https://www.dailynewsegypt.com/tag/zamalek/)
- [Turkish fighter jet](https://www.dailynewsegypt.com/tag/turkish-fighter-jet/)
- [putin](https://www.dailynewsegypt.com/tag/putin/)
- [russia](https://www.dailynewsegypt.com/tag/russia/)
- [iran](https://www.dailynewsegypt.com/tag/iran/)
- [jerusalem](https://www.dailynewsegypt.com/tag/jerusalem/)
- [jordan](https://www.dailynewsegypt.com/tag/jordan/)
- [elections](https://www.dailynewsegypt.com/tag/elections/)
- [boycott](https://www.dailynewsegypt.com/tag/boycott/)
- [Al- Baghdadi](https://www.dailynewsegypt.com/tag/al-baghdadi/)
- [tunis](https://www.dailynewsegypt.com/tag/tunis/)
- [extradition](https://www.dailynewsegypt.com/tag/extradition/)
- [constituent committee](https://www.dailynewsegypt.com/tag/constituent-committee/)
- [photography](https://www.dailynewsegypt.com/tag/photography/)
- [exhibition](https://www.dailynewsegypt.com/tag/exhibition/)
- [Egyptian food](https://www.dailynewsegypt.com/tag/egyptian-food/)
- [chinese](https://www.dailynewsegypt.com/tag/chinese/)
- [Luxor](https://www.dailynewsegypt.com/tag/luxor/)
- [supreme administrative court](https://www.dailynewsegypt.com/tag/supreme-administrative-court/)
- [emergency law](https://www.dailynewsegypt.com/tag/emergency-law/)
- [khaled Ali](https://www.dailynewsegypt.com/tag/khaled-ali/)
- [Money](https://www.dailynewsegypt.com/tag/money/)
- [Social](https://www.dailynewsegypt.com/tag/social/)
- [Justice](https://www.dailynewsegypt.com/tag/justice/)
- [Mobile](https://www.dailynewsegypt.com/tag/mobile/)
- [Technology](https://www.dailynewsegypt.com/tag/technology/)
- [Communications](https://www.dailynewsegypt.com/tag/communications/)
- [Support](https://www.dailynewsegypt.com/tag/support/)
- [IMF](https://www.dailynewsegypt.com/tag/imf/)
- [Loan](https://www.dailynewsegypt.com/tag/loan/)
- [Finance](https://www.dailynewsegypt.com/tag/finance/)
- [Trial](https://www.dailynewsegypt.com/tag/trial/)
- [Fraud](https://www.dailynewsegypt.com/tag/fraud/)
- [Brotherhood](https://www.dailynewsegypt.com/tag/brotherhood/)
- [Islamist](https://www.dailynewsegypt.com/tag/islamist/)
- [Inauguration](https://www.dailynewsegypt.com/tag/inauguration/)
- [Riot](https://www.dailynewsegypt.com/tag/riot/)
- [detention](https://www.dailynewsegypt.com/tag/detention/)
- [journalist](https://www.dailynewsegypt.com/tag/journalist/)
- [prime minister](https://www.dailynewsegypt.com/tag/prime-minister/)
- [cabinet](https://www.dailynewsegypt.com/tag/cabinet/)
- [church](https://www.dailynewsegypt.com/tag/church/)
- [traffic](https://www.dailynewsegypt.com/tag/traffic/)
- [bahrain](https://www.dailynewsegypt.com/tag/bahrain/)
- [killing protesters](https://www.dailynewsegypt.com/tag/killing-protesters/)
- [Cairo Opera House](https://www.dailynewsegypt.com/tag/cairo-opera-house/)
- [Damascus](https://www.dailynewsegypt.com/tag/damascus/)
- [explosion](https://www.dailynewsegypt.com/tag/explosion/)
- [Assad](https://www.dailynewsegypt.com/tag/assad/)
- [Al-assad](https://www.dailynewsegypt.com/tag/al-assad/)
- [Bashar](https://www.dailynewsegypt.com/tag/bashar/)
- [Palestine](https://www.dailynewsegypt.com/tag/palestine/)
- [UK](https://www.dailynewsegypt.com/tag/uk/)
- [children](https://www.dailynewsegypt.com/tag/children/)
- [report](https://www.dailynewsegypt.com/tag/report/)
- [minors](https://www.dailynewsegypt.com/tag/minors/)
- [torture](https://www.dailynewsegypt.com/tag/torture/)
- [human rights](https://www.dailynewsegypt.com/tag/human-rights/)
- [palestinian](https://www.dailynewsegypt.com/tag/palestinian/)
- [West Bank](https://www.dailynewsegypt.com/tag/west-bank/)
- [Hebron](https://www.dailynewsegypt.com/tag/hebron/)
- [protest](https://www.dailynewsegypt.com/tag/protest/)
- [gulf](https://www.dailynewsegypt.com/tag/gulf/)
- [injured](https://www.dailynewsegypt.com/tag/injured/)
- [shot](https://www.dailynewsegypt.com/tag/shot/)
- [sexual assault](https://www.dailynewsegypt.com/tag/sexual-assault/)
- [abdullah](https://www.dailynewsegypt.com/tag/abdullah/)
- [amendment](https://www.dailynewsegypt.com/tag/amendment/)
- [law](https://www.dailynewsegypt.com/tag/law/)
- [Cars](https://www.dailynewsegypt.com/tag/cars/)
- [Market](https://www.dailynewsegypt.com/tag/market/)
- [Sales](https://www.dailynewsegypt.com/tag/sales/)
- [Gas](https://www.dailynewsegypt.com/tag/gas/)
- [Guilty](https://www.dailynewsegypt.com/tag/guilty/)
- [stock market](https://www.dailynewsegypt.com/tag/stock-market/)
- [deficit](https://www.dailynewsegypt.com/tag/deficit/)
- [hamas](https://www.dailynewsegypt.com/tag/hamas/)
- [mossad](https://www.dailynewsegypt.com/tag/mossad/)
- [killing](https://www.dailynewsegypt.com/tag/killing/)
- [operation](https://www.dailynewsegypt.com/tag/operation/)
- [dubai](https://www.dailynewsegypt.com/tag/dubai/)
- [military](https://www.dailynewsegypt.com/tag/military/)
- [maspero](https://www.dailynewsegypt.com/tag/maspero/)
- [massacre](https://www.dailynewsegypt.com/tag/massacre/)
- [coptic](https://www.dailynewsegypt.com/tag/coptic/)
- [copt](https://www.dailynewsegypt.com/tag/copt/)
- [CBC](https://www.dailynewsegypt.com/tag/cbc/)
- [interview](https://www.dailynewsegypt.com/tag/interview/)
- [Sanctions](https://www.dailynewsegypt.com/tag/sanctions/)
- [tahrir protests](https://www.dailynewsegypt.com/tag/tahrir-protests/)
- [presidential oath](https://www.dailynewsegypt.com/tag/presidential-oath/)
- [SCC](https://www.dailynewsegypt.com/tag/scc/)
- [oath of office](https://www.dailynewsegypt.com/tag/oath-of-office/)
- [president morsi](https://www.dailynewsegypt.com/tag/president-morsi/)
- [SCAF handover](https://www.dailynewsegypt.com/tag/scaf-handover/)
- [rwanda](https://www.dailynewsegypt.com/tag/rwanda/)
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