FRA chairperson discusses insurance sector cooperation with Russian central bank deputy governor
Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), received a Russian delegation headed by Alexey Guznov, Deputy Governor of the Central Bank of Russia, in the presence of Ahmed…
Egypt upgrades 33 railway workshops, completes 8 new maintenance facilities under network modernization plan
Egypt has completed the modernization of 33 railway workshops nationwide and finalized the construction of eight new maintenance facilities out of a planned total of 11, as part of the…
US Embassy in Cairo, Fulbright Egypt host regional AI conference celebrating America’s 250th anniversary
The Binational Fulbright Commission in Egypt (BFCE) and the US Embassy in Cairo hosted the Fulbright Regional Alumni Conference on “Education, Innovation, and Entrepreneurship in the Age of AI” from…
India marks International Day of Yoga 2026 with nationwide events across Egypt
The Embassy of India in Cairo has launched a series of events across Egypt to celebrate the International Day of Yoga 2026, highlighting the growing cultural ties between India and…
EU to mobilise up to €25bn for renewables, clean tech by 2035 through Pact for Mediterranean
The European Union (EU) has unveiled an ambitious new initiative aimed at accelerating the green energy transition across the Mediterranean region, with plans to mobilise up to €25bn in investments…
Cairo is longstanding strategic partner of Moscow: Russian Chargé d’Affaires in Egypt
Russian Chargé d'Affaires in Egypt Yuri Matveev said that his country has long regarded Egypt as a strategic partner, noting that the two nations share common positions on most regional…
Egypt gears up to launch universal health insurance in Minya
Egypt is preparing to launch its universal health insurance system in Minya, home to around seven million residents, making it the first governorate to join the programme’s second phase, Minister…
Inflation in May 2026: A Reassuring Decline and a Cautionary Signal
The key message in May’s data is that headline inflation continued to fall, while core inflation raised a yellow card to markets. Egypt’s inflation data for May 2026 carried a…
ADCB Egypt launches first investment fund in partnership with EFG Hermes
Abu Dhabi Commercial Bank (ADCB) Egypt has launched its first investment fund in the Egyptian market through a strategic partnership with EFG Hermes Asset Management, marking a significant step in…
Daily News Egypt tracks key banking sector performance indicators in 2025
Daily News Egypt reviews the key performance indicators of banks operating in the Egyptian market in 2025, based on the latest report issued by the Central Bank of Egypt (CBE).…
