Egypt’s trade deficit widens to $4.40bn in September, up 22.8% y-o-y: CAPMAS

Egypt's trade deficit surged to $4.40bn in September 2024, marking a 22.8% increase from $3.58bn in the same month last year, according to the Central Agency for Public Mobilization and…

Daily News Egypt

Egypt invests EGP 150bn in digital infrastructure since 2018, prepares for 5G rollout: Communications Minister

Amr Talaat, Egypt's Minister of Communications and Information Technology, emphasized the pivotal role of technology in driving sustainable development during his speech at the "5G and Beyond" Forum. He stressed…

Daily News Egypt

Egypt’s annual urban inflation slows to 25.5% in November 2024

Egypt’s annual urban inflation rate eased to 25.5% in November 2024, down from 26.5% in October, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The monthly inflation…

Hossam Mounir

Cairo ceasefire talks step up amid escalating Gaza conflict

A high-level Israeli delegation arrived in Cairo this week to participate in Egypt-led discussions aimed at brokering a ceasefire in the Gaza Strip, ensuring the delivery of humanitarian aid, and…

Daily News Egypt

Health Minister reviews progress, plans for Organ Transplantation System in Egypt

Khaled Abdel Ghaffar, Egypt's Deputy Prime Minister and Minister of Health and Population, chaired a meeting of the Supreme Committee for Organ Transplantation to review 2024's achievements and challenges in…

Daily News Egypt

Raya Holding secures $15m from Africa50 for Tier III data centre

Raya Holding for Financial Investments has announced a strategic $15m investment in its subsidiary, Raya Data Centre (RDC), from Africa50, a pan-African infrastructure investor and asset manager. This funding, paired…

Daily News Egypt

Egypt, France strengthen tourism, antiquities cooperation

Sherif Fathy, Egypt’s Minister of Tourism and Antiquities, met with Eric Chevalier, the French Ambassador to Cairo, at the ministry's headquarters in the New Administrative Capital to discuss enhancing Egyptian-French…

Daily News Egypt

Egyptian banks launch Apple Pay tokenization

Several major Egyptian banks have activated card tokenization services through Apple Pay, following the Central Bank of Egypt's (CBE) February 2023 approval of regulations for this technology. National Bank of…

Daily News Egypt

Egypt urges Syrian-led political process following Assad’s overthrow

Egypt is calling for a comprehensive Syrian-led political process following the overthrow of President Bashar Al-Assad by opposition forces, the Egyptian Ministry of Foreign Affairs announced Tuesday. The ministry stressed…

Daily News Egypt

Turathna Expo for handicrafts to open Dec. 12 with over 1,000 exhibitors

Basel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), emphasized the agency's commitment to establishing the Turathna Exhibition as a central hub for Egyptian handicrafts and…

Daily News Egypt