Industry Minister discusses challenges, expansion plans with ceramic producers
Egypt’s Minister of Industry Khaled Hashem held an expanded meeting with a number of ceramic and porcelain manufacturers to discuss the key challenges facing the sector and explore potential solutions…
Investment, agriculture ministers discuss boosting Egypt’s investment presence in Africa
Minister of Investment and Foreign Trade Mohamed Farid Saleh and Minister of Agriculture and Land Reclamation Alaa Farouk held a high-level coordination meeting with representatives from sovereign, economic and diplomatic…
FRA approves new short-selling rules to boost stock market liquidity
The Financial Regulatory Authority (FRA) has issued a regulatory decision governing securities borrowing for the purpose of sale, commonly known as short selling, aimed at enhancing market efficiency and increasing…
Global oil markets in turmoil as Iran war shuts Hormuz and prices eye $100
Global oil markets are facing escalating chaos as major producers begin cutting output and prices surge toward $100 a barrel following the effective closure of the Strait of Hormuz amid…
PROFILE: Mojtaba Khamenei, the gatekeeper now leading Iran
Mojtaba Khamenei, the 56-year-old cleric who spent decades as the most powerful "gatekeeper" in the Islamic Republic, was named Iran’s third Supreme Leader on Sunday, formalising a transition from the…
Iran names Mojtaba Khamenei as Supreme Leader to succeed father
Iran’s Assembly of Experts has appointed Mojtaba Khamenei as the country’s new Supreme Leader to succeed his father, Ali Khamenei, state-linked media reported late Sunday. The 88-member Assembly of Experts…
Egypt’s Ethydco reports $211.8m in export sales as global growth climbs 5.4%
The Egyptian Ethylene and Derivatives Company (Ethydco) achieved export growth of 5.4%, with dollar sales reaching $211.8m, as the company expands its presence in Latin American, African, European, and Turkish…
Industrial, Engineering Enterprise reports EGP 720m in revenue for 2025
Industrial and Engineering Enterprise Company (IEEC), listed on the Egyptian Exchange, announced that its board of directors approved the financial statements for the fiscal year ending December 31, 2025. The…
Egypt launches national digital pathology network to accelerate cancer diagnosis
Egyptian Ministry of Health and Population signed a memorandum of understanding with Roche Diagnostics to establish a national digital pathology network, aimed at enhancing diagnostic capabilities and speeding up cancer…
Planning Minister discusses deepening strategic partnership with World Bank
Ahmed Rostom, Minister of Planning and Economic Development, met with Abdel Aziz Al Mulla, Executive Director for the Arab countries group at the World Bank, and Hisham Seif, Alternate Executive…