Serbian PM calls trade deal a 'new page' in Egypt ties    Reforms make Egypt 'land of opportunity,' business leader tells Serbia    Madbouly touts tripled trade as Egypt, Serbia finalise free trade deal    TMG climbs to 4th in Forbes' Top 50 Public Companies in Egypt' list on surging sales, assets    UN conference expresses concern over ME escalation    Egypt, Japan's JICA plan school expansion – Cabinet    Egypt's EDA, AstraZeneca discuss local manufacturing    Israel intensifies strikes on Tehran as Iran vows retaliation, global leaders call for de-escalation    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    Russia seeks mediator role in Mideast, balancing Iran and Israel ties    LTRA, Rehla Rides forge public–private partnership for smart transport    Egyptian pound rebounds at June 16 close – CBE    China's fixed asset investment surges in Jan–May    Egypt secures €21m EU grant for low-carbon transition    EHA, Konecta explore strategic partnership in digital transformation, smart healthcare    Sisi launches new support initiative for families of war, terrorism victims    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    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
TMG climbs to 4th in Forbes' Top 50 Public Companies in Egypt' list on surging sales, assets
Talaat Moustafa Group Holding (TMG) has climbed to fourth place on the Forbes Middle East list of "Top 50 Public Companies in Egypt for 2025", following a substantial increase in sales and assets. The real estate developer was also named the leading (...)

17 - 06 - 2025
Madbouly touts tripled trade as Egypt, Serbia finalise free trade deal
Egypt has approved a free trade agreement with Serbia that will gradually eliminate customs duties, Prime Minister Mostafa Madbouly announced, noting that bilateral trade has more than tripled to around $300m since 2022. Speaking at the (...)

17 - 06 - 2025
Reforms make Egypt 'land of opportunity,' business leader tells Serbia
The head of the Federation of Egyptian Chambers of Commerce has urged Serbian businesses to use Egypt as a joint manufacturing and logistics centre for exporting to Africa, Europe, and the Middle East, citing recent economic reforms and extensive (...)

17 - 06 - 2025
Serbian PM calls trade deal a 'new page' in Egypt ties
Serbian Prime Minister Guro Macut has described a new free trade agreement with Egypt as a "new page" in bilateral relations, stating that both countries are working to implement its terms to boost trade and investment. Speaking at the (...)

17 - 06 - 2025
Hyatt, Egypt's ADD Developments sign MoU for hotel expansion
Egyptian developer ADD Developments and Hyatt Hotels Corporation have signed a strategic memorandum of understanding to expand their hotel and branded residential investments in Egypt, backed by an investment plan of approximately $265m. The Tuesday (...)

17 - 06 - 2025
SODIC delivers VYE in New Zayed six months ahead of schedule
SODIC, one of Egypt's leading real estate developers, has announced the early delivery of its flagship VYE development in New Zayed—six months ahead of schedule. This milestone reinforces SODIC's longstanding reputation for delivering high-quality (...)

17 - 06 - 2025
SHMFF explores green bond issuance with global partners, local banks
Mai Abdel Hamid, CEO of the Social Housing and Mortgage Finance Fund (SHMFF), announced that the Fund is studying the issuance of green bonds in cooperation with international institutions and local banks. The move aims to diversify funding sources, (...)

17 - 06 - 2025
Nawy secures $23m debt financing from leading Egyptian institutions to expand mortgage offering
Nawy, Africa's largest proptech platform, has secured $23m in debt financing from ten of Egypt's top financial institutions. The funding will be used to scale Nawy Now, the company's FRA-licensed mortgage product offering flexible payment plans and (...)

17 - 06 - 2025
Egypt pushes to modernise sugarcane irrigation to boost yields
Egyptian Prime Minister Mostafa Madbouly has met with ministers to review the development of irrigation systems for sugarcane, aiming to increase the strategic crop's yield while reducing water consumption. In a meeting with the relevant ministries (...)

17 - 06 - 2025
Egypt's parliament approves FY 2025/26 economic plan, targets 4.5% growth
Egypt's parliament has approved the government's economic and social development plan for the fiscal year (FY) 2025/26, which targets an economic growth rate of 4.5% amid ongoing regional instability. The plan, presented to the House of (...)

17 - 06 - 2025
Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates
Egypt's Ministry of Health and Population announced on Saturday that nearly 20 million electronic treatment approvals were issued during the 2024/2025 fiscal year through the General Authority for Health Insurance, marking a major step forward in (...)

16 - 06 - 2025
Egypt's PM forms crisis committee to monitor Iran-Israel fallout
Egypt's Prime Minister Moustafa Madbouly has issued a decree to form a "crisis committee" under his leadership to monitor the repercussions of military operations between Iran and Israel. The committee's objective is to ensure preparedness for any (...)

16 - 06 - 2025
Israel intensifies strikes on Tehran as Iran vows retaliation, global leaders call for de-escalation
The military confrontation between Israel and Iran entered its fourth day on Monday, with the Israeli Air Force launching a fresh wave of airstrikes targeting Tehran and other strategic sites across Iran. According to the Israeli military, the (...)

16 - 06 - 2025
Al-Sisi urges expansion of local car manufacturing during inspection of state-owned auto plants
Egyptian President Abdel Fattah Al-Sisi underscored the importance of accelerating the country's automotive manufacturing strategy during a meeting on Monday with Lieutenant General Mokhtar Abdel Latif, Chairman of the Arab Organization for (...)

16 - 06 - 2025
FRA nears completion of regulatory framework for online real estate platforms
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), announced that the Authority is close to finalising a new regulatory framework to govern the operations of electronic platforms in the real estate sector. Speaking at the Akhbar (...)

16 - 06 - 2025
CIB signs strategic partnership with Food Export Council
The Commercial International Bank – Egypt (CIB), the country's largest private-sector bank, has signed a strategic partnership agreement with the Food Export Council, becoming its official banking partner until the end of 2027. The agreement (...)

16 - 06 - 2025
SKF reports 20% annual growth, marks 50 years in Egypt
SKF, the global leader in bearing technologies and industrial solutions, has recorded a 20% year-on-year business growth in Egypt, underscoring its expanding role in the country's heavy industries. The announcement came during SKF Egypt's "Heavy (...)

16 - 06 - 2025
FDI to developing economies drops to lowest level since 2005 as global barriers rise
Foreign direct investment (FDI) flows to developing economies have fallen to their lowest level since 2005, reflecting a troubling global trend marked by rising barriers to trade and investment. The decline, outlined in new World Bank research, (...)

16 - 06 - 2025
LTRA, Rehla Rides forge public–private partnership for smart transport
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir witnessed the signing of a licensing agreement for Rehla Rides to operate in the field of passenger transportation using information technology. (...)

16 - 06 - 2025
BII, AfDB, EBRD to provide $479.1m for Egypt solar and battery project
A consortium of development banks including British International Investment (BII), the African Development Bank (AfDB) and the European Bank for Reconstruction and Development (EBRD) is providing $479.1m in financing for a 1.1 gigawatt (GW) solar (...)

16 - 06 - 2025
Russia seeks mediator role in Mideast, balancing Iran and Israel ties
For decades, Russia has maintained a delicate balance in the Middle East, managing its relationship with Israel while forging close economic and military ties with Iran. Recent regional developments, however, have placed Moscow in a challenging (...)

16 - 06 - 2025
Pakistan FM warns against fake news, details Iran-Israel de-escalation role
Pakistan Foreign Minister Ishaq Dar on Monday warned against the spread of false information and AI-generated content following recent events in the Middle East, while also detailing Pakistan's diplomatic role in de-escalation efforts. Speaking in (...)

16 - 06 - 2025
Divisions on show as G7 tackles Israel-Iran, Russia-Ukraine wars
Leaders of the Group of Seven (G7) industrialised nations will begin their annual talks on Monday, seeking a united front as escalating wars in Ukraine and the Middle East cast a shadow over the global economy and internal divisions persist. The (...)

16 - 06 - 2025
Egypt, Uganda foreign ministers discuss strengthening ties
Egypt's Minister of Foreign Affairs, Badr Abdelatty, and Uganda's Minister of State for Foreign Affairs, Henry Oryem Okello, discussed strengthening bilateral relations and coordinating on issues of mutual interest during a phone call on Monday. The (...)

16 - 06 - 2025
Egyptian government reviews ICON's development plan for 7 state-owned hotels
Egypt's Prime Minister Moustafa Madbouly has reviewed development plans by the Arab Company for Hotel and Tourism Investments (ICON) for seven historic hotels, following the finalisation of a deal valued at up to $800m for a controlling stake in the (...)

16 - 06 - 2025
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