EU to mobilise up to €25bn for renewables, clean tech by 2035 through Pact for Mediterranean
The European Union (EU) has unveiled an ambitious new initiative aimed at accelerating the green energy transition across the Mediterranean region, with plans to mobilise up to €25bn in investments…
Cairo is longstanding strategic partner of Moscow: Russian Chargé d’Affaires in Egypt
Russian Chargé d'Affaires in Egypt Yuri Matveev said that his country has long regarded Egypt as a strategic partner, noting that the two nations share common positions on most regional…
Egypt gears up to launch universal health insurance in Minya
Egypt is preparing to launch its universal health insurance system in Minya, home to around seven million residents, making it the first governorate to join the programme’s second phase, Minister…
Inflation in May 2026: A Reassuring Decline and a Cautionary Signal
The key message in May’s data is that headline inflation continued to fall, while core inflation raised a yellow card to markets. Egypt’s inflation data for May 2026 carried a…
ADCB Egypt launches first investment fund in partnership with EFG Hermes
Abu Dhabi Commercial Bank (ADCB) Egypt has launched its first investment fund in the Egyptian market through a strategic partnership with EFG Hermes Asset Management, marking a significant step in…
Daily News Egypt tracks key banking sector performance indicators in 2025
Daily News Egypt reviews the key performance indicators of banks operating in the Egyptian market in 2025, based on the latest report issued by the Central Bank of Egypt (CBE).…
Egypt, Uzbekistan sign diplomatic MoUs during first Uzbek foreign minister visit to Cairo
Egypt and Uzbekistan signed two memorandums of understanding for diplomatic cooperation on Saturday during the first bilateral visit by an Uzbek foreign minister to Cairo, where talks focused on establishing…
BRICS agriculture ministers adopt joint declaration rejecting unilateral trade barriers
BRICS nations adopted a joint declaration rejecting unilateral trade restrictions that threaten food security and agreed to launch new mechanisms for seed and fertiliser cooperation, a move welcomed by Egyptian…
Grand Egyptian Museum to host 250 companies for ‘Start 2026’ youth employment summit
Two hundred and fifty companies and more than 70 career counsellors will gather at the Grand Egyptian Museum on June 19 for the "Start 2026" youth employment and training summit,…
Forbes Middle East names TMG Ayman Zahran among most influential regional CMOs
Forbes Middle East has named Ayman Zahran, Chief Marketing Officer at Talaat Moustafa Group (TMG) Holding, to its list of the most influential marketing directors in the region. The selection…