Egypt’s external debt rises to $161.2bn in June 2025: CBE
The Central Bank of Egypt (CBE) announced that the country’s total external debt reached $161.23bn in June 2025, up from $156.69bn in March 2025 — an increase of $4.54bn. According…
QatarEnergy announces new expansion of gas exploration operations in Egypt
QatarEnergy has announced a new expansion of its operations in Egypt through a partnership with Italian energy company Eni in the offshore North Rafah concession in the Mediterranean Sea for…
Al-Sisi reaffirms Egypt’s commitment to religious freedom in meeting with World Council of Churches
President Abdel Fattah Al-Sisi reaffirmed Egypt’s firm commitment to protecting freedom of worship and belief, and to strengthening interfaith dialogue as a cornerstone for tolerance, coexistence, and peace. The statement…
UN sounds alarm over atrocities in El-Fasher as RSF militia seizes control of Sudanese city
The United Nations and humanitarian organizations have sounded the alarm over the rapidly deteriorating situation in El-Fasher, the capital of Sudan’s North Darfur region, warning of escalating risks of atrocities…
Banque Misr joins “Open Your Account in Egypt” initiative for expatriate Egyptians
Banque Misr has signed a cooperation protocol with the Ministry of Foreign Affairs, Emigration, and Egyptians Expatriate, alongside National Bank of Egypt, as part of the "Open Your Account in…
ETA issues comprehensive tax guide for contracting, construction services
Rasha Abdel Aal, Chairperson of the Egyptian Tax Authority (ETA), has announced the release of a comprehensive explanatory guide addressing the tax treatment of contracting and construction services under the…
Omar Hisham announces launch of 2025 Egyptian Open at Madinaty golf courses
The Egyptian Open, the oldest professional golf championship in the Middle East, is returning after a 15-year hiatus, the Egyptian Golf Federation has announced, with the 2025 edition set to…
Chemical Industries Holding launches green hydrogen projects in partnership with global investors: El-Shimy
Mohamed El-Shimy, Minister of the Public Enterprises Sector, announced that the Chemical Industries Holding Company—affiliated with the Ministry—is implementing several ambitious projects to produce green hydrogen and its derivatives, in…
Egypt’s Al-Mashat to discuss global challenges, public-private partnerships at FII9 in Riyadh
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has arrived in Saudi Arabia to participate in the Ninth Edition of the "Future Investment Initiative" (FII9) Conference. The…
SCZONE breaks ground on $20.5m Top New, Top Credit textile projects in West Qantara
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), and Ahmed Essam El-Din, Deputy Governor of Ismailia, laid the foundation stonnee on Tuesday for two textile and ready-made…