Domestic liquidity in Egypt’s banking sector rises to EGP 12.566trn in March 2025
Domestic liquidity in Egypt’s banking sector climbed to EGP 12.566trn in March 2025, up from EGP 11.636trn in December 2024—an increase of EGP 930.4bn, according to the Central Bank of…
Gold surge adds nearly $3bn to Egypt’s international reserves in early 2025
The value of gold in Egypt’s international reserves rose sharply by approximately $2.985bn during the first four months of 2025, reaching $13.629bn in April—up from $10.644bn in December 2024. This…
European leaders visit Kyiv amid calls for Ukraine ceasefire, peace talks
The leaders of France, Germany, Poland, and the United Kingdom travelled to the Ukrainian capital, Kyiv, on Saturday, amid renewed international calls for Russia to agree to a lasting ceasefire…
US, China commence sensitive trade negotiations in Geneva
Representatives from the United States and China began sensitive negotiations in the Swiss city of Geneva on Saturday, discussions that could influence the future of a global economy markedly affected…
Egypt signs agreement with France to upgrade Hermel Oncology Hospital
Khaled Abdel Ghaffar, Egypt’s Deputy Prime Minister and Minister of Health and Population, attended on Saturday the signing of a new cooperation protocol between Egypt’s Unified Procurement Authority and France’s…
Famine ravages Gaza as Israeli siege enters 3rd month
As Israel’s full siege of Gaza enters its 70th day, warnings of an imminent humanitarian catastrophe are intensifying. Hospitals in the besieged enclave report soaring casualties, with medical services crippled…
India, Pakistan announce immediate ceasefire after US mediation
US President Donald Trump announced Saturday that, following American mediation, India and Pakistan have agreed to an immediate ceasefire, halting what had become the most serious military escalation between the…
Annual urban inflation in Egypt rises to 13.9% in April
Egypt’s annual urban inflation rate rose to 13.9% in April 2025, compared to 13.6% in March, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). However, monthly inflation…
PM Madbouly inspects, inaugurates key projects in Suez Canal Economic Zone
Prime Minister Mostafa Madbouly visited on Saturday the Suez Canal Economic Zone (SCZONE) to inspect and inaugurate several strategic projects in East and West Port Said. He was accompanied by…
Egypt’s Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote
Egypt’s Democratic Generation Party has begun early preparations for the country’s next parliamentary elections, with 84 potential candidates from across the country currently under evaluation, a senior party official said…