UK investment in Egypt nears $50bn as trade ties deepen – ambassador    Global stocks mixed on Wednesday    Egypt advances strategy to reduce public, external debt    Egypt, China discuss sustainable Gaza ceasefire and Sudan truce    Gaza death toll climbs as winter cold intensifies humanitarian emergency    Public enterprises record $1bn in exports, 20% revenue growth in FY 2024/25: Minister    MSMEDA signs EGP 300m financing agreement with Reefy    GAFI prioritises Start-Up Support Unit, Investor Dispute Settlement Centre: Heiba    GENNVAX launches largest regional vaccine manufacturing facility with $150m investment    Health Minister Discusses radiology upgrade with Curagita, ACH    Sanofi introduces new multiple myeloma treatment to Egyptian market    Central Bank of Egypt, Medical Emergencies, Genetic and Rare Diseases Fund renew deal for 3 years    Egypt, Saudi FMs discuss Gaza, Sudan and preparations for Supreme Coordination Council    Egypt's SPNEX Satellite successfully enters orbit    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    Egypt's PM reviews major healthcare expansion plan with Nile Medical City    UNESCO adds Egyptian Koshari to intangible cultural heritage list    UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list    Egypt calls for inclusive Nile Basin dialogue, warns against 'hostile rhetoric'    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Daily News Egypt
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 (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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, (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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 (...)

16 - 12 - 2025
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 (...)

15 - 12 - 2025
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 (...)

15 - 12 - 2025
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 (...)

15 - 12 - 2025
'Friends become enemies': Trump's 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 (...)

15 - 12 - 2025
Madinaty Golf Club hosts charity tournament for Alzheimer's awareness
Madinaty Golf Club has hosted a charity tournament to raise awareness for Alzheimer's disease, an initiative Omar Hisham Talaat, Chief Business Development Officer at Talaat Moustafa Group (TMG), said aimed to utilise the venue's profile to support (...)

15 - 12 - 2025
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 (...)

15 - 12 - 2025
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 (...)

15 - 12 - 2025
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, (...)

15 - 12 - 2025
GAFI witnesses first Polish investment agreement in Egypt's 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 (...)

15 - 12 - 2025
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 (...)

15 - 12 - 2025
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 (...)

15 - 12 - 2025
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 (...)

15 - 12 - 2025
HSBC Economists highlight global shifts, Egypt's 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 (...)

15 - 12 - 2025
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