Dailynewsegypt
February 8, 2026
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Gold prices drop EGP 150 in local market despite global gains
Gold prices in Egypt’s local market declined by EGP 150, or 2.2%, over the past week, even as global gold prices posted gains, reflecting a…
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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…
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)…
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…
DrasChem to establish Middle East’s first sodium cyanide plant in Alexandria
The Chief Executive Officer of the General Authority for Investment and Free Zones (GAFI), Mohamed El-Gawsaky, has received a delegation…
LG Defines the Future of Smart Living: From Korea to the Middle East, and the Vision of the “Zero-Labor Home”
As part of its 2025 media tour across the Middle East and Africa, LG Electronics showcased its latest smart home…
Egypt’s economic transformation unlocks new investment opportunities: Citi
As Citi marks 50 years of operations in Egypt, the global banking group is reaffirming its long-term commitment to the…
Interview | Syrian Transport Minister: We Deeply Appreciate Egypt for Hosting Syrians and Preserving Our Historic Brotherhood
Damascus – In an exclusive interview conducted in Damascus by Daily News Egypt Managing Editor Taha Sakr, Syrian Minister of Transport Yarob…
Philip Morris leads smoke-free transformation with strategic investments, green initiatives in Egypt
Philip Morris is accelerating its shift toward a smoke-free future in Egypt, backed by strategic investments, scientific innovation, and a…
Cityscape 2025: Unlocking Egypt’s real estate potential
As Egypt’s real estate sector faces rapid transformation, strong demand continues to intersect with financing challenges, urban expansion, and the…
