No intervention in foreign exchange market; it operates freely: CBE’s Deputy Governor

Rami Aboul Naga, Deputy Governor of the Central Bank of Egypt (CBE), confirmed that the bank is not intervening in the foreign exchange market, stating that there is currently no…

Daily News Egypt

Mashroo3k injects EGP 32.1bn to fund over 213k projects since launch

Manal Awad, Minister of Local Development, announced that the national initiative for community, human, and local development—Mashroo3k (Your Project)—has financed 213,313 projects with total investments reaching EGP 32.1bn since its…

Daily News Egypt

Al Ahly Pharos advises on EGP 881.5m bond issuance for Ahli Securitization

Al Ahly Pharos Investment Banking, the investment arm of the National Bank of Egypt, has successfully concluded its advisory role in the first securitization issuance under the sixth bond programme…

Daily News Egypt

Egypt, France deepen healthcare cooperation with four new agreements

Cairo hosted the signing of four new healthcare cooperation agreements between Egypt and France, marking a significant step forward in the strategic partnership between the two countries. The agreements were…

Daily News Egypt

Egypt, AFD sign €70m executive agreement for Rubeiki–Belbeis railway project

During the official visit of French President Emmanuel Macron to Egypt, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, and Minister of Planning, Economic…

Daily News Egypt

Egyptian, Japanese Foreign Ministers discuss Gaza reconstruction, bilateral ties

The Egyptian and Japanese Foreign Ministers discussed Gaza reconstruction and bilateral ties in a phone call on Tuesday. According to Ambassador Tamim Khallaf, the official spokesperson for the Ministry of…

Daily News Egypt

Under Ministerial Auspices and Global Participation: Ninth Narrative Summit Kicks Off in Somabay

The ninth edition of the Narrative Summit, Egypt’s first international public relations forum, officially launched today in Somabay, under the patronage and presence of key Egyptian ministers and with strong…

Daily News Egypt

Egypt secures €262.3m in funding from France, EU for water, energy and rail projects

Egypt, France and the European Union (EU) have signed nine financing and grant agreements worth €262.3m to implement priority projects in Egypt's water treatment, sanitation, renewable energy, and railway sectors.…

Daily News Egypt

Macron visits Arish with Al-Sisi, calls for immediate resumption of aid to Gaza

French President Emmanuel Macron called for the immediate resumption of humanitarian aid to Gaza during a visit to the Egyptian city of Arish, located in northern Sinai near the Rafah…

Daily News Egypt

Opinion | Salama Moussa in his quest for the freedom’s heroes in the history

I think that no Egyptian intellectuals in the early 20th century wanted to destroy their culture and values. However, many of them embraced Western ideas, which their contemporaries questioned and…

Wisam E. Mohammed