Egypt warns against unilateral measures at Nile Basin ministers’ meeting in Juba
Egypt’s Minister of Water Resources and Irrigation Hani Sewilam has cautioned against unilateral actions in the Nile Basin, stressing that consensus, cooperation and dialogue remain the only viable path towards…
Al-Sisi reviews banking sector performance as Egypt’s foreign reserves reach record high
Egypt’s President Abdel Fattah Al-Sisi met Central Bank Governor Hassan Abdalla on Saturday to review developments in the banking sector and monetary policy, as official data showed foreign reserves climbing…
Egypt’s Foreign, Planning Ministers coordinate to mobilise international development funding
Egyptian Minister of Foreign Affairs, International Cooperation and Egyptians Abroad Badr Abdelatty and Minister of Planning and Economic Development Ahmed Rostom met on Saturday to coordinate the mobilisation of international…
Egypt PM orders utility cuts for illegal building on agricultural land
Egyptian Prime Minister Mostafa Madbouly has ordered the immediate suspension of utility services to any site where illegal construction on agricultural land is detected, describing the protection of farmland as…
CBE explains January inflation slowdown as non-food pressures ease
The Central Bank of Egypt (CBE) has outlined the main factors behind the moderation in inflation in January 2026, as annual urban headline inflation fell to 11.9%, down from 12.3%…
Residents evacuated to hotels following water pipe burst at Cairo Metro Line 4 station
Egypt's Transport Minister Kamel al-Wazir said the safety of citizens and property is a "top priority" during an inspection of the Cairo Metro Line 4 project, following minor ground subsidence…
Egypt-Saudi electricity interconnection enters final testing phase, launch expected within weeks
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, has announced that the Egypt-Saudi electricity interconnection project has entered its final testing stage, with close coordination under way with Saudi…
Ministers of Investment, Sports plan investment fund to boost Egyptian athletes’ international performance
Egypt is considering the establishment of an investment fund to provide sustainable and innovative financing for the country's sports talent, Investment and Foreign Trade Minister Mohamed Farid said. Farid met…
Suez Canal Bank expands footprint in Upper Egypt with new Sohag branch
Suez Canal Bank has announced the opening of its latest branch in Sohag, as part of its ambitious geographic expansion strategy The expansion aligns with Egypt Vision 2030 and the…
Strong growth in saib’s loans, credit facilities portfolio and customer deposits by end-2025
The 2025 results of SAIB Bank showed strong growth in its loans and credit facilities portfolio, which reached EGP 79.1bn. According to the bank’s financial statements, the loans and credit…