North Korea displays new ‘Hwasong-20’ ICBM at major military parade
North Korean leader Kim Jong Un has overseen a major military parade showcasing a new intercontinental ballistic missile (ICBM), with senior foreign dignitaries in attendance, to mark the 80th anniversary…
Egypt promotes new economic model to European partners in Brussels
Egyptian Minister of Planning Rania Al-Mashat has launched the English version of the executive summary of "Egypt's Narrative for Economic Development: Reforms for Growth, Jobs & Resilience" during the Global…
Trump declares 100% tariffs on China, sending global markets tumbling
US President Donald Trump has announced that the United States will impose an additional 100% tariff on all imports from China starting 1 November, a dramatic escalation of the trade…
Gaza peace summit in Sharm El-Sheikh: Top Egyptian, US diplomats discuss arrangements
Egyptian Foreign Minister Badr Abdelatty and US Secretary of State Marco Rubio on Friday discussed arrangements for an upcoming summit in Sharm El-Sheikh on the Gaza conflict, Egypt's foreign ministry…
Egypt unearths New Kingdom military fortress on Horus’s Way in Sinai
The Egyptian archaeological mission at the ancient site of Tell el-Kharrouba, in the Sheikh Zayed area of North Sinai, has unveiled a significant military fortress from the New Kingdom era.…
saib participates in EGP 2.1bn syndicated loan for Tameer Developments’ Azad Views project
Saib Bank has joined a consortium of banks to arrange and underwrite a syndicated loan worth EGP 2.1bn for Tameer Real Estate Developments, aimed at financing part of the investment…
NBE joins capital increase of Arab API to establish Egypt’s first multi-purpose pharmaceutical raw materials plant
The National Bank of Egypt (NBE) has signed an agreement to participate in the capital increase of the Arab Company for Pharmaceutical Raw Materials (Arab API), alongside several leading national…
Egypt’s net international reserves rise $2.8bn to record $49.5bn in September 2025
Egypt’s net international reserves increased by $2.8bn over the past year, reaching $49.5bn in September 2025, up from $46.7bn in the same month of 2024 — marking the highest level…
Egypt’s balance of payments shows positive trends in FY 2024/25: CBE
Egypt’s balance of payments reflected broadly positive trends during fiscal year (FY) 2024/2025, with the current account deficit narrowing significantly by 25.9% to $15.4bn, compared to $20.8bn in the previous…
Egypt’s PM, Kenya president discuss cooperation on sidelines of COMESA summit
Egyptian Prime Minister Mostafa Madbouly met with Kenya President William Ruto on Thursday to discuss bilateral cooperation, on the sidelines of the 24th Summit of the Common Market for Eastern…