External debt of budget sector falls by $2bn in 10 months: Finance Minister
Finance Minister Ahmed Kouchouk announced that Egypt’s external debt related to the budget sector declined by $2bn over the 10-month period from July 2024 to May 2025. He attributed this…
Egyptian PM chairs meeting to finalise Grand Egyptian Museum opening plans
Egypt’s Prime Minister Mostafa Madbouly has chaired a meeting of the Higher Committee for Organising the Inaugural Ceremony of the Grand Egyptian Museum (GEM) to review the final operational, logistical,…
In Oslo, Egypt calls for Palestinian statehood, supports US-Iran nuclear dialogue
Egypt’s Minister of Foreign Affairs and Immigration, Badr Abdelatty, on Wednesday condemned Israel's actions in the Gaza Strip and the West Bank, calling for a permanent ceasefire and international recognition…
123 Palestinians killed in 24hrs as UN experts accuse Israel of genocide in Gaza
At least 123 Palestinians were killed in the past 24 hours as Israeli military operations continued across the Gaza Strip, amid mounting international accusations that Israel is committing crimes against…
Culture remains enduring constant at heart of resistance: Mohamed Salmawy
“Palestine is not merely a political cause; it is the mirror in which the Arab self is reflected.” In a candid and incisive conversation, renowned Egyptian writer Mohamed Salmawy reflects…
Egypt sets rules for foreign delegations visiting Gaza border
Egypt has announced regulatory controls for foreign delegations wishing to visit the border area with the Gaza Strip, stating that prior approval must be obtained through official channels. In a…
Egypt pays $21.3bn in foreign debt servicing over six months
Egypt paid a total of $21.3bn in foreign debt servicing—comprising interest and principal repayments—during the first half (H1) of the 2024/25 fiscal year, according to a recent report from the…
Egypt reaffirms support for global plastics treaty at UN Oceans Summit
Egypt’s Minister of Environment, Yasmine Fouad, took part in high-level ministerial consultations at the 3rd United Nations Ocean Conference, co-hosted by France and Costa Rica, where global momentum for a…
World Bank lowers Egypt’s 2024 growth forecast to 2.4%
The World Bank has revised down its forecast for Egypt’s economic growth in 2024, projecting real GDP expansion of just 2.4%, compared to 3.8% in 2023. A moderate recovery is…
Ongoing genocide in Gaza amid escalating international alarm
The Israeli occupation army continues its intensive operations across the Gaza Strip, causing mounting casualties each day amid a worsening humanitarian catastrophe and looming famine. International warnings about an imminent…