Iran considers opening Hormuz Strait for tankers trading oil in Chinese yuan    Egypt eyes first $200m sodium cyanide production plant    FRA grants preliminary approval for Lumin Soft to join regulatory sandbox    Iran-US-Israel confrontation intensifies, spreading across Gulf region    Health, Local Development ministries sign cooperation protocol to improve population indicators    US eases Venezuela sanctions to allow fertiliser exports as Iran war drives up prices    Israel plans largest ground invasion of Lebanon since 2006, as Egypt, France diplomatic efforts intensify    Egypt courts Türkiye's Abdi Ibrahim for pharma investment    Egypt launches initiative to facilitate medical treatment for citizens abroad    Egypt's trade deficit widens to $4.9 bln in December – CAPMAS    Oil prices rise on Thursday    Dollar edges up to around 52.43 Egyptian pounds in midday trade – 12 March, 2026    Egypt declares 19-23 March public holiday for Eid al-Fitr    Egypt prepares to extend Universal Health Insurance to Minya in second phase    New Era Education to Launch Uppingham New Cairo Campus by 2028    Egypt's Sisi honours martyrs, urges dialogue amid Middle East violence    Egypt reassures western partners, travel advisory levels remain stable    Egypt oversees support for citizens abroad amid regional tensions    Egypt uncovers cache of coloured coffins of Amun chanters in Luxor    Egypt Rejects Allegations of Red Sea Access Trade-Off with Ethiopia for GERD Flexibility    Stage as a Trench: Decoding the Poetics of Resistance in Osama Abdel Latif's 'Theater for Palestine'    Egypt's Irrigation Minister underscores Nile Basin cooperation during South Sudan visit    Egyptian mission uncovers Old Kingdom rock-cut tombs at Qubbet El-Hawa in Aswan    Egypt warns against unilateral measures at Nile Basin ministers' meeting in Juba    Egypt denies reports attributed to industry minister, warns of legal action    Egypt completes restoration of colossal Ramses II statue at Minya temple site    Profile: Hussein Eissa, Egypt's Deputy PM for Economic Affairs    Sisi swears in new Cabinet, emphasises reform, human capital development    Egypt's parliament approves Cabinet reshuffle under Prime Minister Madbouly    Egypt recovers ancient statue head linked to Thutmose III in deal with Netherlands    M squared extends partnership for fifth Saqqara Half Marathon featuring new 21km distance    Egypt Golf Series: Chris Wood clinches dramatic playoff victory at Marassi 1    Finland's Ruuska wins Egypt Golf Series opener with 10-under-par final round    4th Egyptian Women Summit kicks off with focus on STEM, AI    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
US eases Venezuela sanctions to allow fertiliser exports as Iran war drives up prices
The United States has revised the scope of sanctions relief on Venezuela to facilitate investment and activities related to Venezuelan oil and to allow the export of fertilisers directly to American buyers, as prices surge on the back of supply (...)

14 - 03 - 2026
Banking expert answers 10 key questions on inflation, fuel prices, USD, and interest rates
In recent days, questions have circulated widely in economic circles and among the Egyptian public about the state of the economy, particularly after inflation rose in February and fuel prices were increased recently, and what these developments may (...)

14 - 03 - 2026
Israel plans largest ground invasion of Lebanon since 2006, as Egypt, France diplomatic efforts intensify
Israel is planning a major expansion of its ground operations in Lebanon, targeting the entire area south of the Litani River to dismantle Hizbollah's military infrastructure, Israeli and American officials told the Axios news website, in what could (...)

14 - 03 - 2026
Suez Canal Bank, Lucky sign strategic partnership
Suez Canal Bank has signed a strategic partnership agreement with Lucky, a leading financial technology company operating in Egypt and the Middle East, as part of efforts to strengthen financial innovation and support the development of a more (...)

14 - 03 - 2026
Agricultural Bank of Egypt launches 3-year savings certificate with returns of up to 16.5%
The Agricultural Bank of Egypt (ABE) has launched a new three-year savings certificate as part of its portfolio of savings products, aimed at providing safe and guaranteed investment instruments with competitive returns that cater to the needs of (...)

14 - 03 - 2026
Egypt's industry minister discusses automotive localisation opportunities with Mercedes-Benz
Egypt's Minister of Industry Khaled Hashem held an expanded meeting with a delegation from Mercedes-Benz Egypt headed by CEO Stefanie Volz to discuss opportunities to localise automotive manufacturing and expand the company's operations in the (...)

14 - 03 - 2026
Oil prices defy record IEA stockpile release as Iran maintains Hormuz closure
Global oil markets sent a clear signal this week that a massive release of 400 million barrels of stockpiled crude by the United States and its allies is not enough to address the unprecedented supply disruption triggered by the war with Iran. Crude (...)

14 - 03 - 2026
Iran considers opening Hormuz Strait for tankers trading oil in Chinese yuan
Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz on the condition that their cargo is priced in Chinese yuan, a senior US official told CNN. The potential move comes as Tehran develops a new plan to (...)

14 - 03 - 2026
FRA grants preliminary approval for Lumin Soft to join regulatory sandbox
The Financial Regulatory Authority (FRA) has granted preliminary approval to Lumin Soft to join its FinTech Regulatory Sandbox, making it the third company to receive such approval since the sandbox's launch. The move comes as part of the (...)

14 - 03 - 2026
MSMEDA injects EGP 3.1bn in financing in Fayoum in 2025: CEO
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has injected EGP 3.1bn in financing to support 133,900 projects in Fayoum between July 2014 and December 2025, according to Bassel Rahmy, CEO of the agency. Rahmy said the financed (...)

14 - 03 - 2026
Egypt explores water hyacinth recycling initiative to empower girls
Egypt's Ministry of Water Resources and Irrigation is collaborating with the National Council for Childhood and Motherhood and UNICEF to empower girls from vulnerable communities by training them to recycle water hyacinth into handmade products, the (...)

14 - 03 - 2026
Health, Local Development ministries sign cooperation protocol to improve population indicators
Egypt's Ministry of Health and Population and Ministry of Local Development have signed a cooperation protocol to implement the National Population and Development Strategy 2030, aimed at balancing population growth with economic development and (...)

14 - 03 - 2026
Iran-US-Israel confrontation intensifies, spreading across Gulf region
The confrontation between Iran, the United States, and Israel intensified on Saturday as each side reported new military strikes, while the ripple effects of the conflict spread across the Gulf region, raising fears of a broader regional (...)

14 - 03 - 2026
Egypt eyes first $200m sodium cyanide production plant
Egypt's Minister of Industry Khaled Hashem held talks with a delegation from DrasChem Specialized Chemicals, led by CEO Mohamed Abdel Aziz, to discuss plans to establish and operate the first sodium cyanide and derivatives production plant in Egypt (...)

14 - 03 - 2026
Planning Minister discusses strengthening cooperation with OECD
Egypt's Minister of Planning and Economic Development Ahmed Rostom met with Amr Soliman, Head of the Egypt and Middle East and North Africa team within the Governance Programme at the Organisation for Economic Co-operation and Development (OECD), to (...)

14 - 03 - 2026
Iran: Mujtaba Khamenei vows to continue attacks on US bases, keep Hormuz closed
New Supreme Leader of Iran Mujtaba Khamenei vowed on Thursday to continue strikes against US military bases in the region and maintain the closure of the Strait of Hormuz, in his first message since assuming office. Khamenei warned of "opening new (...)

13 - 03 - 2026
Edita Food Industries Reports Strong FY2025 Results as Net Profit Jumps 72.6%
Edita Food Industries reported a strong financial performance for the fiscal year ending 31 December 2025, with revenues reaching EGP 20.9 billion, marking a 29.5% year-on-year increase, while net profit surged 72.6% to EGP 2.4 billion, supported by (...)

12 - 03 - 2026
Egypt rejects unilateral Nile actions, Somaliland recognition in talks with US advisor
Egypt's Foreign Minister Badr Abdelatty on Wednesday rejected any unilateral actions regarding the River Nile and reaffirmed Cairo's opposition to the recognition of "Somaliland" during talks with a senior United States official. In a phone call (...)

11 - 03 - 2026
New Era Education to Launch Uppingham New Cairo Campus by 2028
New Era Education has announced the launch of Uppingham New Cairo, a new British international school set to open in 2028 within the New Kairo development by G Developments in East Cairo. The project marks the second partnership between New Era (...)

11 - 03 - 2026
Abdelatty chairs inter-ministerial meeting to resolve Egyptian expat concerns
Egypt is set to introduce a range of incentives and practical solutions to address the concerns of citizens living abroad, including reforms to customs procedures and university admission policies, following a high-level inter-ministerial meeting on (...)

11 - 03 - 2026
Egypt prepares to extend Universal Health Insurance to Minya in second phase
Egypt is preparing to extend its universal health insurance system to the governorate of Minya as part of the programme's second phase, a move expected to bring coverage to more than six million residents, the health ministry said. Health Minister (...)

11 - 03 - 2026
CI Capital, TMG launch EGP 8bn real estate investment fund targeting Madinaty
CI Capital Holding, through its subsidiary CI Capital PE for Fund Management and Investment (CIPE), has partnered with Talaat Moustafa Group (TMG) to launch a new real estate investment fund under the name Awaed Real Estate Fund, with a target size (...)

11 - 03 - 2026
MNT-Halan targets EGP 30bn in securitization, bond issuances in 2026
Founder and CEO of MNT-Halan, Mounir Nakhla, said the company is operating under exceptional geopolitical conditions, noting that these developments coincide with its ongoing expansion and investments across four key markets: Egypt, Turkey, (...)

11 - 03 - 2026
Cairo, Moscow coordinate at UN Security Council over Middle East escalation
Egypt and Russia discussed a United Nations Security Council draft resolution on Wednesday as part of urgent diplomatic efforts to contain the "rapidly accelerating" conflict in the Middle East. In a telephone call with Russian Foreign Minister (...)

11 - 03 - 2026
Egypt aims to boost oil, gas output with horizontal drilling, fracking
Egypt is seeking to increase oil and natural gas production by expanding the use of horizontal drilling and hydraulic fracturing technologies, the presidency said after a meeting chaired by President Abdel Fattah Al-Sisi. Al-Sisi discussed the plans (...)

11 - 03 - 2026
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