Hassan Abdalla, Governor of the Central Bank of Egypt, held talks at the bank's headquarters with Hussein Eissa, Deputy Prime Minister for Economic Affairs, to discuss areas of coordination between monetary and economic policymaking.
The meeting (...)
Egypt's Cabinet has approved the expansion of its concessional financing initiative for priority industrial sectors, launching a second phase that broadens the range of eligible industries and activities, according to a joint statement by the (...)
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the National Natural Gas Grid Control Centre (NATA) at the headquarters of the Egyptian Natural Gas Company (GASCO) on Saturday, to follow up on the implementation of the plan to (...)
Salah Suleiman Gemblat, Minister of State for Military Production, held a meeting to discuss a plan to develop various military products as well as the production lines of Military Production companies, in the presence of a number of representatives (...)
The United States and Israel launched a large-scale military offensive against Iran early Saturday, with powerful explosions reported across Tehran and plumes of smoke rising near the presidential compound, marking a dramatic escalation that (...)
The OPEC+ alliance is set to consider a larger-than-expected increase in oil supplies during its meeting on Sunday, according to a delegate, following US and Israeli air strikes on targets inside Iran.
The potential shift in production strategy (...)
Egypt's Minister of Water Resources and Irrigation Hani Sewilam met with Marwan Al-Raqad, Executive Director of the Islamic Network on Water Resources Development and Management under the Organization of Islamic Cooperation (OIC), to discuss ways of (...)
Egypt's Ministry of Civil Aviation has announced heightened operational readiness across all airports nationwide, following regional developments that have led to the closure of airspace in several neighbouring countries.
Sameh El-Hefny, Minister of (...)
Egypt's strategic reserves of essential food commodities and petroleum products are sufficient to meet demand for several months, Egyptian cabinet ministers said on Saturday following regional developments.
Prime Minister Mostafa Madbouly held (...)
EgyptAir has suspended all flights to 13 cities across the Middle East until further notice, following the launch of "major combat operations" by the United States and Israel against targets in Iran.
The Egyptian national carrier announced on (...)
An Egyptian archaeological mission affiliated with the Supreme Council of Antiquities and the Zahi Hawass Foundation for Heritage and Antiquities has uncovered a cache of painted wooden coffins containing mummies, along with a group of rare papyri (...)
Suez Canal Bank has signed a cooperation protocol with Alameda Healthcare Group, one of Egypt's largest integrated healthcare providers, aimed at strengthening integration between premium banking solutions and high-quality medical services for (...)
The Ministry of Finance has disclosed plans to issue tenders for local debt instruments totalling EGP 1.044trn in March 2026, as part of a plan published on the ministry's official website. The plan includes issuing tenders worth EGP 2.703trn in the (...)
President Abdel Fattah al-Sisi expressed Egypt's "full support and solidarity" with Jordan on Saturday following an Iranian attack on Jordanian territory in retaliation for US and Israeli strikes on Iran, condemning the move as a violation of Arab (...)
President Abdel Fattah al-Sisi stated on Saturday that any infringement on the sovereignty of an Arab state negatively impacts the stability of the entire region and doubles the danger of the regional situation. During a telephone call with the Emir (...)
President Abdel Fattah al-Sisi told Saudi Crown Prince Mohammed bin Salman on Saturday that the security of Saudi Arabia is an "integral part of Arab national security."
In a telephone call following Iranian attacks on Saudi territory, Sisi stressed (...)
Egypt President Abdel Fattah al-Sisi warned on Saturday that Iranian attacks on Bahrain represent a "serious threat to regional security" and open the door to further escalation and chaos.
The Iranian attacks came in retaliation for US and Israeli (...)
Egyptian President Abdel Fattah al-Sisi warned on Saturday that Iran missile attacks on several Arab nations threaten to trigger "regional chaos" and represent a "direct threat" to the stability and security of the entire Middle East.
In a series of (...)
Egypt on Saturday condemned in the strongest terms Iran's targeting of the sovereignty and territorial integrity of several "sisterly Arab countries," warning that the current military escalation could slide the entire region into a state of (...)
Egypt's balanced fiscal policies have contributed to reducing debt and inflation rates while driving economic activity, Deputy Minister of Finance for Fiscal Policy Yasser Sobhy said.
Speaking at the first Africa Finance Summit, Sobhy stated that (...)
President Donald Trump has directed all US federal agencies to immediately cease the use of artificial intelligence products developed by Anthropic PBC, escalating a high-profile dispute between the company and the Pentagon over safeguards and usage (...)
Egypt has unlocked approximately $2.3bn in fresh financing from the International Monetary Fund (IMF) after successfully completing key reviews under its expanded reform programme, providing a timely boost as the country navigates regional (...)
Egypt has expanded the range of industrial activities eligible for investment incentives, offering tax deductions of up to 50% of investment costs to boost local manufacturing and deepen supply chains, the investment minister said on (...)
Egypt's first high-speed electric rail line will act as a "Suez Canal on rails" by providing a land link between the Red Sea and the Mediterranean, Transport Minister Kamel al-Wazir said on Wednesday.
During an inspection of the project's first (...)
The Al-Hamra petroleum port has commenced crude oil storage and trading for third parties as part of a strategy to transform the facility into a regional logistics hub, Egypt's Petroleum Minister Karim Badawi said on Wednesday.
The launch of the new (...)