US Navy strikes commercial vessel defying Iran blockade as Tehran outlines conditions to open Strait of Hormuz
US forces fired missiles to disable a commercial vessel attempting to breach the naval blockade on Iran on Tuesday, as Tehran declared the Strait of Hormuz will remain closed until…
Egypt allocates EGP 6bn for third tranche of lump-sum export subsidy dues payment
Finance Minister Ahmed Kouchouk said the government is allocating EGP 6bn for the third tranche of the lump-sum export subsidy dues payment for shipments made before 1 July 2024. Kouchouk…
15 killed, 32 injured in transport crash in Ismailia
Egypt's Minister of Health and Population, Khaled Abdel Ghaffar, and Minister of Local Development and Environment, Manal Awad, are following up on the aftermath of a road accident in Ismailia…
Egyptian PM marks completion of first Decent Life phase in Gharbia, stressing government focus on quality of life
Egyptian Prime Minister Mostafa Madbouly announced the completion of the first phase of the presidential Decent Life initiative (Hayat Karima) in Gharbia governorate on Tuesday, revealing that state funding for…
Agriculture minister discusses investment opportunities with Turkish business delegation
Minister of Agriculture and Land Reclamation Alaa Farouk met with an expanded delegation of leading Turkish businessmen and investors as part of a high-level Turkish delegation's visit to Egypt, headed…
Egypt, Italy’s San Donato discuss New Heliopolis Hospital development
Egypt is discussing plans with Italy's San Donato healthcare group to develop and operate the New Heliopolis Hospital as part of its efforts to improve the efficiency and quality of…
Egypt reviews irrigation, drainage infrastructure requests in Qena, Giza
Egypt's Minister of Water Resources and Irrigation, Hani Sewilam, met with members of parliament to review requests for irrigation and drainage infrastructure projects in the governorates of Qena and Giza,…
FRA, EGX, and Tax Authority launch joint coordinating committee
The joint coordinating committee established by the Financial Regulatory Authority (FRA), the Egyptian Exchange (EGX) and the Egyptian Tax Authority (ETA) has held its inaugural meeting, marking the official launch…
Egypt’s exports to UK rise 6.7% to £1.52bn in 2025, trade surplus reaches £195m
Egyptian exports to the United Kingdom rose 6.7% to around £1.52bn in 2025, up from £1.425bn in 2024, while Egyptian imports from the UK declined 15.4%, turning the bilateral trade…
IDA launches tender for 8 billet production licences with 2.8 million-tonne annual capacity
The Industrial Development Authority (IDA) has launched a tender for eight new licences to produce continuous casting billets with a combined annual production capacity of 2.8 million tonnes, as part…