Suez Canal Bank general assembly approves 2025 results, highlighting strong growth, strategic expansion

The ordinary general assembly of Suez Canal Bank, chaired by Amr Tantawy, Chairperson of the Board, approved the bank’s financial statements for the fiscal year 2025, in the presence of…

Hossam Mounir

Total financial position of banks operating in Egypt rises to EGP 24.1trn in 2025: CBE

The Central Bank of Egypt (CBE) said the total financial position of banks operating in the Egyptian market, excluding the central bank, rose to EGP 24.122trn in 2025, underscoring continued…

Hossam Mounir

From G7 tensions to ‘paper tiger’ NATO: How the Iran war accelerated the West’s trust crisis

The room was full of allies. Cameras were absent. And when Kaja Kallas, the European Union's foreign policy chief, turned to Marco Rubio and demanded to know when the United…

Daily News Egypt

The $200 barrel: How a closed strait is forcing world to confront the true cost of energy war

Two container ships bearing the red star of Cosco Shipping Corp edged toward the mouth of the Persian Gulf on Friday. They nearly made it. Then, without warning, both vessels…

Daily News Egypt

Egypt raises train and metro fares in latest pricing adjustment

Egypt’s Ministry of Transport has announced an increase in railway ticket prices alongside adjustments to some Cairo Metro fares, as part of ongoing efforts to restructure public transport pricing. According…

Daily News Egypt

Egypt’s non-oil exports rise to $12.2bn, deficit narrows

Egypt’s non-oil exports climbed to $12.2 billion in the third quarter of 2025, marking a 19.6% increase compared to the same period a year earlier, according to a government report.…

Daily News Egypt

Egypt on high alert over severe weather, two ports closed

Egypt’s Ministry of Local Development and Environment said on Wednesday that governorates nationwide had raised maximum alert levels to respond to unstable weather conditions and varying rainfall intensity. Minister Manal…

Daily News Egypt

Al-Sisi calls for removing investment hurdles, boosting local industry

Egyptian President Abdel Fattah Al-Sisi on Wednesday called for removing obstacles facing investment and industrial sectors to boost local production and attract greater foreign and Arab investment, according to a…

Daily News Egypt

Israel strikes Tehran as fragile diplomatic push gathers pace

Israel launched fresh strikes on Tehran on Wednesday, as U.S. President Donald Trump said Washington was making progress in efforts to end the war, with the United States and regional…

Daily News Egypt

Madbouly says Egypt prioritising energy efficiency, supply security to counter regional shocks

Egypt is prioritising the rationalisation of petroleum and electricity consumption while securing the financial resources necessary for energy imports to ensure national stability amid ongoing regional conflict, Prime Minister Mostafa…

Daily News Egypt