Egypt private sector investment grows 73% as ministers seek expanded EBRD support
Egypt’s private sector investment grew by 73% over the past year and continued to rise by 48% in the first quarter of the current year, Minister of Investment and Foreign…
Government approves measures to boost tourism investment
Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny chaired a meeting of the Board of Directors of the Tourism Development Authority (TDA) to review the authority’s work agenda, assess…
Syria warns of booby-trapped sites as Hasakah arrests threaten 4-day ceasefire with SDF
The Syrian army’s Operations Command warned civilians in the provinces of Raqqa, Deir ez-Zor, and eastern Aleppo on Wednesday against entering Syrian Democratic Forces (SDF) sites or tunnels, alleging the…
Trump vows to “wipe Iran off the face of the earth” if assassination threats carried out
US President Donald Trump has said he issued "very strict" instructions for the United States to "wipe Iran off the face of the earth" if the country attempts to carry…
Irrigation Minister orders updated readiness plans ahead of peak summer water demand
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, has directed the ministry’s agencies to update preparedness plans for the 2026 peak summer water demand season, stressing the need for…
EECE launches trade mission to Kuwait to boost Egyptian engineering exports
The Engineering Export Council of Egypt (EECE) has launched a trade mission to Kuwait, following the conclusion of a successful visit to the Qatari market, as part of its efforts…
Egypt’s fresh, processed agricultural exports hit $11.5bn in 2025: Minister
Egypt’s fresh and processed agricultural exports reached a record $11.5bn in 2025, according to Alaa Farouk, Minister of Agriculture and Land Reclamation, underscoring the sector’s growing contribution to the national…
CBE, EU open 9th steering committee meeting of capacity-building initiative for African central banks
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), and Angelina Eichhorst, European Union (EU) Ambassador to Egypt and the League of Arab States, inaugurated the 9th Steering Committee…
Suez Canal revenue rises 18.5% as shipping lines signal return to Red Sea Daily News Egypt
Suez Canal revenue increased by 18.5% in the first half of the fiscal year (FY) 2025/26, Chairperson Osama Rabie said on Wednesday, as he declared conditions ready for the full…
Egypt’s current account deficit narrows 45.2% on surging remittances and tourism
Egypt’s current account deficit narrowed by 45.2% to $3.2bn during the first quarter of the fiscal year (FY) 2025/26, supported by a significant surge in remittances and growth in the…