Brent surges 3.7% past $116 as Houthi missiles extend energy crisis to Red Sea

Brent crude surged as much as 3.7% to $116.75 a barrel on Monday after Iran-backed Houthi militants fired missiles and drones at Israel over the weekend and Washington ordered thousands…

Daily News Egypt

Egypt-Germany economic ties gather momentum across trade, investment, and green energy: Ambassador Jürgen Schulz

Economic relations between Egypt and Germany are gaining renewed momentum, supported by rising trade volumes, expanding German investments, and deepening cooperation in strategic sectors such as energy, infrastructure, and manufacturing.…

Shaimaa Al-Aees

Al Ahly Pharos Investment Banking completes EGP 2bn securitisation for Incolease

Al Ahly Pharos Investment Banking, the investment banking arm of the National Bank of Egypt, has successfully completed a securitisation issuance valued at EGP 2bn for Incolease, marking the first…

Daily News Egypt

Telda launches in-app stock, fund investment service

Telda has announced the launch of a new in-app investment service, allowing users to invest in equities listed on the Egyptian Exchange as well as a range of investment funds.…

Daily News Egypt

Shell Egypt highlights Egypt as ‘critical energy market’ ahead of EGYPES 2026

Egypt sits at the intersection of regional supply, infrastructure, and growing demand, which makes it a critical energy market, Dalia Elgabry, Vice President and Country Chair of Shell Egypt, said…

Daily News Egypt

Egypt integrates environmental considerations into local development plans

Egypt is moving to embed environmental considerations into its local development framework as part of a broader effort to improve resource efficiency and advance sustainable development across governorates, Minister of…

Daily News Egypt

PM Madbouly reviews strategic medicine stocks, raw material supply

Egypt’s Prime Minister, Mostafa Madbouly, chaired a high-level meeting on Sunday to review the availability of pharmaceutical products and active raw materials in the domestic medicine market. The meeting, attended…

Daily News Egypt

Citizen Bond to be re-offered through post offices in coming days: Finance Minister

Egypt’s Minister of Finance, Ahmed Kouchouk, announced that the “Citizen Bond” will be re-offered through post offices nationwide in the coming days, following strong demand during its initial issuance. Kouchouk…

Daily News Egypt

Regional escalation intensifies with cross-border strikes

A sharp military escalation is unfolding across the Middle East, marked by cross-border attacks, interceptions, and increasingly hardline rhetoric as hostilities expand across multiple fronts. In Qatar, the Ministry of…

Daily News Egypt

Four-way meeting in Islamabad urges de-escalation, renewed US-Iran talks

Egypt, Türkiye, Saudi Arabia and Pakistan have called for prioritising diplomacy and launching a negotiation track between the United States and Iran to contain escalating military tensions, warning of serious…

Daily News Egypt