Egypt, EBRD discuss green industry, investment cooperation    Egypt, Pakistan boost healthcare ties – Cabinet    Egyptian pound stable in July 9 morning trading    Egypt's electricity, public enterprises ministers discuss expanding renewables in energy-intensive industries    Escalation in Gaza as ceasefire talks remain fragile amid mounting humanitarian crisis    Egyptian authorities race to contain fallout from fatal telecom fire    UK, Egypt strengthen cooperation on green transition, eco-tourism, and environmental investments    CPME shareholders approve EGP 2.8bn acquisition of Qardy, Catalyst Partners Holding    Philippines' unemployment rate falls in May '25    Egypt, Somalia leaders discuss strategic partnership, counterterrorism in New Alamein    Egypt, UNDP discuss expanded cooperation on medical waste management, human development    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt's PM, Uruguay's president discuss Gaza, trade at BRICS summit    Egypt, Uruguay eager to expand trade across key sectors    Egypt, Norway hold informal talks ahead of global plastic treaty negotiations    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Global tour for Korean 'K-Comics' launches in Cairo with 'Hellbound' exhibition    Egypt teams up with private sector to boost university rankings    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Egypt condemns deadly terrorist attack in Niger        Egypt's EHA, Schneider Electric sign MoU on sustainable infrastructure    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    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
How the Ramses Central Fire Disrupted Egypt's Internet, Stock Exchange, and Banking Sectors
In the heart of Egypt's bustling capital, a fire that broke out late on Monday, July 7, at the iconic Ramses Central building quickly turned into a national emergency. The telecommunications hub—originally inaugurated in 1927 by King Fuad I—was (...)

08 - 07 - 2025
Egypt's Al-Sisi meets Rosatom chief as new Dabaa plant deals are signed
Egyptian President Abdel Fattah Al-Sisi met with the head of Russia's state atomic energy corporation Rosatom on Tuesday in the city of New Alamein to discuss developments on the Dabaa Nuclear Power Plant project, the presidency said. The meeting (...)

08 - 07 - 2025
CPME shareholders approve EGP 2.8bn acquisition of Qardy, Catalyst Partners Holding
Catalyst Partners Middle East (CPME), Egypt's first licensed Special Purpose Acquisition Company (SPAC), said its shareholders have approved the acquisition of two financial services firms in a share-swap deal valued at EGP 2.8bn. The company's (...)

08 - 07 - 2025
Government pushes mining sector reforms to attract global investment: Petroleum Minister
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, affirmed that transforming the Egyptian Mineral Resources Authority (EMRA) into an economic authority will provide it with the necessary tools and capabilities for sectoral (...)

08 - 07 - 2025
Gold slips on diminished rate-cut hopes, rising trade tensions: iSagha
Gold prices edged lower during Tuesday's trading session, weighed down by a stronger US dollar and waning expectations of an imminent interest rate cut by the Federal Reserve. The decline also reflects growing investor unease over escalating global (...)

08 - 07 - 2025
Egyptian exports jump nearly 20% in April, narrowing trade gap
Egypt's trade deficit narrowed by 9.5% in April 2025 to $3.42bn, compared with $3.78bn in the same month a year earlier, as the value of exports surged, the state statistics agency CAPMAS said on Tuesday. The value of exports increased by 19.8% to (...)

08 - 07 - 2025
Egypt's agriculture minister meets Namibian delegation to talk farm ties
Egypt's Agriculture Minister and a Namibian parliamentary delegation have discussed strengthening agricultural cooperation, with both sides agreeing to form technical committees to draft a memorandum of understanding, the ministry said in a (...)

08 - 07 - 2025
CBE temporarily raises daily withdrawal limit to EGP 500,000, extends bank hours amid telecom disruptions
The Central Bank of Egypt (CBE) has announced a temporary increase in the daily cash withdrawal limit for individuals and companies at bank branches, raising the cap in local currency to EGP 500,000—up from the previous limit of EGP 250,000. This (...)

08 - 07 - 2025
Egypt's electricity, public enterprises ministers discuss expanding renewables in energy-intensive industries
Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with Minister of Public Enterprises Sector Mohamed El-Shimy to enhance cooperation on integrating renewable energy and implementing energy efficiency standards across Egypt's (...)

08 - 07 - 2025
Egyptian authorities race to contain fallout from fatal telecom fire
Egyptian authorities on Tuesday raced to contain the fallout from a fatal fire at a key Cairo telecommunications hub, suspending the stock market, doubling cash withdrawal limits, and working to reroute disrupted internet and phone services. The (...)

08 - 07 - 2025
Escalation in Gaza as ceasefire talks remain fragile amid mounting humanitarian crisis
As ceasefire negotiations stall in Doha, Gaza is witnessing one of the deadliest escalations in recent weeks, with intensified resistance operations and surging humanitarian alarm over the ongoing Israeli assault. On the 641st day of the war, the (...)

08 - 07 - 2025
UK, Egypt strengthen cooperation on green transition, eco-tourism, and environmental investments
Egypt's Minister of Environment, Yasmine Fouad, held a meeting with UK Ambassador to Cairo Gareth Bayley to discuss deepening bilateral cooperation on the green transition, with a focus on sustainable tourism, environmental investment, and clean (...)

08 - 07 - 2025
Egypt's PM, Uruguay's president discuss Gaza, trade at BRICS summit
Egyptian Prime Minister Mostafa Madbouly and Uruguayan President Yamandú Orsi on Monday discussed efforts to secure a ceasefire in Gaza and ways to boost bilateral trade during a meeting on the sidelines of the BRICS summit in Brazil. Madbouly, who (...)

07 - 07 - 2025
BRICS summit declaration pushes for reformed multilateralism, greater Global South role
Leaders of the 11-nation BRICS group on Monday called for a more equitable global order and the strengthening of multilateralism, signing a joint declaration at a summit in Rio de Janeiro that also pushed for reforms of global financial (...)

07 - 07 - 2025
Egypt calls for stronger central bank cooperation, local currency use at BRICS summit
Egypt called on BRICS nations to strengthen cooperation between their central banks and push forward with enabling financial settlements in local currencies, its prime minister said at a summit session in Rio de Janeiro. Speaking on behalf of (...)

07 - 07 - 2025
Egypt's Talaat Moustafa Group H1 sales jump 59% to EGP 211bn
Talaat Moustafa Group Holding (TMG), Egypt's largest listed real estate developer, announced contractual sales of EGP 211bn for the first half of 2025, a 59% increase compared to the same period last year. The company said the figure represents its (...)

07 - 07 - 2025
NDB expands to 11 members, raises $16.1bn in 2024, says Rousseff
The New Development Bank (NDB) has approved Colombia and Uzbekistan as new members, its president Dilma Rousseff said, as the lender focuses on expanding its membership and increasing financing in local currencies for sustainable development in the (...)

07 - 07 - 2025
Egypt urges auto manufacturers to boost local value-added under revised industry programme
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held on Monday an extensive meeting with automotive manufacturers operating in Egypt to review recent amendments to the National Automotive (...)

07 - 07 - 2025
Egyptalum signs agreement with Scatec to develop solar power plant in Nagaa Hammadi
Minister of Public Enterprises Sector Mohamed Shimi met with Norway's Ambassador to Egypt and Libya, Hilde Klemetsdal, and her accompanying delegation at the ministry's headquarters in the New Administrative Capital, as part of efforts to strengthen (...)

07 - 07 - 2025
CBE instructs banks to support exporters in meeting global environmental standards
The Central Bank of Egypt (CBE) has issued a directive requiring banks to support their exporting clients in meeting global environmental and sustainability standards during the production of goods intended for export. These standards include (...)

07 - 07 - 2025
CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan
The Commercial International Bank (CIB) Egypt has signed a mid-term financing agreement worth EGP 963m with OSL for Entertainment Projects (OSL), a subsidiary of Orascom Investment Holding, to support the redevelopment of the sound and light show (...)

07 - 07 - 2025
11 new wells to produce 160 billion cubic feet of natural gas: Petroleum Ministry
The Ministry of Petroleum and Mineral Resources has launched an integrated programme to drill 11 new wells, expected to yield approximately 160 billion cubic feet of natural gas. The project will also add a daily output of around 100 million cubic (...)

07 - 07 - 2025
Egypt, Somalia leaders discuss strategic partnership, counterterrorism in New Alamein
Egyptian President Abdel Fattah Al-Sisi met on Monday with Somali President Hassan Sheikh Mohamud in the coastal city of New Alamein during an official visit focused on deepening bilateral ties and addressing regional developments, particularly in (...)

07 - 07 - 2025
Egypt, UNDP discuss expanded cooperation on medical waste management, human development
Egypt's Minister of Health and Population, Khaled Abdel Ghaffar, met with Alessandro Fracassetti, the United Nations Development Programme's (UNDP) Resident Representative in Egypt, to explore avenues for deepening cooperation—particularly in the (...)

07 - 07 - 2025
Venezuela vows to uphold sovereignty on 214th independence anniversary
Venezuela vowed to uphold its sovereignty on the 214th anniversary of its declaration of independence, with a top diplomat in Cairo reaffirming the country's commitment to peace and resistance against what he called "imperialist attacks." Speaking (...)

06 - 07 - 2025
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