Egypt to announce new private sector financing deals at Sunday conference
Egypt's Ministry of Planning, Economic Development and International Cooperation will hold a conference on Sunday in the New Administrative Capital focused on development finance to support private sector-led growth and…
Egypt selected for $1bn climate fund decarbonisation programme: Al-Mashat
Egypt has been selected as one of seven countries to benefit from the Climate Investment Funds' (CIF) $1bn Industrial Decarbonisation Programme, Minister of Planning, Economic Development and International Cooperation Rania…
Grand Egyptian Museum opening delayed to Q4
The official opening of the Grand Egyptian Museum (GEM) has been postponed to the final quarter of this year, Prime Minister Mostafa Madbouly announced on Saturday. Speaking at a press…
Why has Egyptian state allocated land to Ministry of Finance?
President Abdel Fattah Al-Sisi has issued Presidential Decree No. 303 of 2028, allocating a parcel of state-owned land—measuring approximately 41,515.55 feddans (equivalent to 174.4 million square metres)—in the Red Sea…
Financial position of banks in Egypt rises to EGP 22.039trn in February 2025
The Central Bank of Egypt (CBE) has reported that the consolidated financial position of banks operating in the domestic market—excluding the CBE itself—rose to EGP 22.039trn in February 2025, up…
Israel and Iran’s nuclear programme: Intense strikes and “limited damage”
Israeli strikes on Iran early Friday damaged a key nuclear site and killed several senior military officials and nuclear scientists, but did not destroy Iran's nuclear programme, according to reports…
Egypt’s Foreign Minister condemns Israeli strikes in calls with European, Iraqi counterparts
Egypt's Minister of Foreign Affairs and Emigration, Badr Abdelatty, held a series of telephone calls over the weekend with his European and Iraqi counterparts to address the escalating situation in…
Trump faces MAGA backlash as Israel-Iran conflict tests non-interventionist promise
An Israeli attack on Iranian nuclear facilities is creating a deep rift within Donald Trump’s political base, with prominent supporters fearing he is being drawn into the kind of Middle…
Russia’s CIPR 2025 tech conference focuses on digitalisation, BRICS cooperation
Russia's 'Digitalisation of Industrial Russia' (CIPR 2025) conference has taken place in Nizhny Novgorod, with discussions focusing on the digitalisation of the economy, strengthening technological sovereignty, and international cooperation. The…
China builds giant radio telescope in Xinjiang
China is building a giant radio telescope in northwest China's Xinjiang Uygur Autonomous Region. The main tower of the telescope was capped on Sunday, ushering in the official start of…
