US-Israeli strikes on Iran spark regional escalation, heighten fears of wider war
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…
Gemblat discusses ways to develop Military Production companies
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…
Multiple proactive scenarios to secure local market’s gas needs: Petroleum Minister
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…
Cabinet approves expansion of concessional financing initiative for priority industries
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…
CBE Governor reviews anti-inflation strategy with Deputy PM
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…
Finance Ministry plans to issue local debt instruments worth EGP 1.044trn by March
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…
Opinion | How IMF Approval Shields Egypt’s Economy from Market Volatility
The recent approval by the Executive Board of the International Monetary Fund (IMF) of Egypt’s fifth and sixth programme reviews represents a decisive moment for the country’s economic trajectory. Beyond…
Suez Canal Bank, Alameda partner to integrate premium banking, healthcare services
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…
CBE highlights strong monetary easing transmission across money, debt markets
The Central Bank of Egypt (CBE) has underscored the effective transmission of its 2025 monetary easing cycle, with the majority of policy rate cuts swiftly reflected in money market conditions,…
Egypt uncovers cache of coloured coffins of Amun chanters in Luxor
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,…