US diverts 58 ships in ongoing Iran naval blockade as Trump threatens violent escalation
The United States Central Command stated on Saturday that its naval blockade on Iran continues in full, having diverted 58 commercial vessels and disabled four others since 13 April to…
Egypt’s environment ministry marks World Migratory Bird Day
Egypt has reaffirmed the importance of protecting migratory birds and preserving their natural migration routes as the country marked World Migratory Bird Day, according to a statement issued by the…
Egypt’s FRA, consumer finance firms expand unified database to combat cash monetisation
Egypt's Financial Regulatory Authority (FRA) and representatives from 48 consumer finance companies have expanded a unified central database to combat widespread fraud and cash monetisation, aiming to proactively detect threats,…
Egyptian banking sector’s net foreign assets decline to $21.3bn in March 2026: CBE
The Egyptian banking sector’s net foreign assets (NFA) stood at $21.32bn, equivalent to EGP 1.164trn, in March 2026, down from $27.385bn, or EGP 1.313trn, recorded in February, according to a…
IDA, FEI review financing initiatives to support industrial sector growth
The Industrial Development Authority (IDA) and the Federation of Egyptian Industries (FEI) have reviewed the implementation status of several state-backed financing initiatives aimed at supporting industrial expansion and addressing challenges…
Egypt reviews progress on 1,500 MW renewable energy projects with UAE’s AMEA Power
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, held talks with a delegation from UAE-based AMEA Power, a subsidiary of the Al Nowais Group headed by Sheikh Hussein Al…
Pro-independence majority in Scottish Parliament revives referendum push as Labour suffers sweeping UK defeats
Pro-independence parties have secured a combined majority in the Scottish Parliament, reviving the push for a new referendum on breaking away from the United Kingdom and mounting intense pressure on…
Putin says Russian forces are fighting NATO-backed aggression as Trump announces Ukraine ceasefire
Russian President Vladimir Putin said on Saturday that Russian forces in Ukraine are fighting "aggression backed by the North Atlantic Treaty Organisation (NATO)", delivering his Victory Day address as US…
Israeli strikes kill man and daughter in Lebanon via consecutive drone hits as US-brokered peace talks approach
An Israeli drone targeted and killed a man and his 12-year-old daughter in southern Lebanon on Saturday with three consecutive strikes as they attempted to flee on a motorcycle, the…
Egypt’s external debt rises to $163.7bn in September 2025 despite improved indicators: CBE
Egypt’s external debt rose to $163.7bn in September 2025, an increase of $2.5bn, or 1.5%, compared with June 2025, according to the Central Bank of Egypt (CBE). The increase was…
