200,000 Egyptians invest EGP 2.1bn in gold funds: FRA

Approximately 200,000 citizens have invested EGP 2.1bn in regulated gold investment funds, Egypt's Financial Regulatory Authority (FRA) said, emphasising it oversees investment in fund units, not direct gold trading. The…

Daily News Egypt

Egypt, EU discuss 2nd phase of €4bn macro-financial assistance; mission expected late May

Egypt is preparing to receive a high-level European mission at the end of May to conclude negotiations regarding the second phase of the Macro-Financial Assistance (MFA) mechanism, as part of…

Daily News Egypt

2025: Landmark year for Egyptian archaeology

Renowned Egyptian archaeologist Zahi Hawass has sparked global anticipation by hinting at groundbreaking archaeological discoveries expected in 2025. Speaking in Phoenix, Arizona, during the first stop of his North American…

Nehal Khalil

Spanish director Anna Petrus joins 9th Aswan International Women’s Film Festival

The 9th edition of the prestigious Aswan International Women’s Film Festival (AIWFF) is currently underway in the vibrant city of Aswan, southern Egypt, captivating audiences with a rich program that…

Nehal Khalil

Andean echoes enchant Cairo: Peruvian folk ensemble APU INKA dazzles Egyptian audience

The Peruvian Embassy in Cairo recently hosted a vibrant celebration of cultural exchange, featuring a captivating performance by the APU INKA ensemble—an acclaimed group dedicated to preserving traditional Peruvian folk…

Nehal Khalil

Elsewedy Electric acquires majority stake in Thomassen Service to expand gas turbine operations

Elsewedy Electric, a leading integrated energy and infrastructure solutions provider across Europe, the Middle East, and Africa, has acquired a 60% stake in Thomassen Service, including its Middle East and…

Daily News Egypt

Suez Canal Authority, Argentine ambassador discuss cooperation in dredging, navigation technology

Chairperson of the Suez Canal Authority (SCA), Osama Rabie, met on Monday with Argentine ambassador to Cairo, Holger Martinsen, to explore avenues for bilateral cooperation, particularly in dredging operations and…

Daily News Egypt

Egypt, Jordan explore joint projects in water, food, and energy sectors

On the sidelines of the seventh Arab Water Week in Amman, Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, met with Prince El Hassan bin Talal of Jordan to…

Daily News Egypt

PM reviews measures to streamline tourist entry at airports, border crossings

Prime Minister Mostafa Madbouly chaired a high-level meeting on Monday to review efforts aimed at easing entry procedures for tourists at all Egyptian airports and border crossings. The meeting brought…

Daily News Egypt

AUC, Petroleum Ministry, METHANEX partner to launch process safety diploma for Egypt’s energy sector

The American University in Cairo (AUC) is launching a new professional diploma in Process Safety Management (PSM) tailored for Egypt's oil, gas, and petrochemical sectors, following the signing of a…

Daily News Egypt