Industry Minister drives investment in bagasse-based products to curb imports

Deputy Prime Minister and Minister of Industry and Transport Kamel Al-Wazir chaired the 21st meeting of the Ministerial Group for Industrial Development, with participation from the Ministries of Military Production,…

Daily News Egypt

PM Madbouly inspects $700m Amunet Wind Farm in Ras Ghareb

Prime Minister Mostafa Madbouly, accompanied by Minister of Electricity and Renewable Energy Mahmoud Esmat, conducted an inspection visit to the Amunet Wind Farm in Ras Ghareb to review the project's…

Daily News Egypt

Egypt, Kuwait reinforce strategic ties, align on regional priorities

President Abdel Fattah Al-Sisi concluded an official visit to Kuwait on Tuesday, as part of a broader Gulf tour that also included Qatar. During the visit, he held a series…

Daily News Egypt

Egyptian researchers turn eggshell waste into water purifier for Nile River

In a creative breakthrough addressing both environmental pollution and waste management, Egyptian researchers have discovered that discarded eggshells—a ubiquitous byproduct of household and commercial kitchens—can effectively purify raw water from…

Mohammed El-Said

Egypt repays $7.95bn in external debt over three months: CBE

The Central Bank of Egypt (CBE) announced that Egypt repaid $7.952bn in external debt service—covering both interest and principal repayments—during the first quarter (Q1) of fiscal year (FY) 2024/2025. According…

Hossam Mounir

Public revenues in Egypt’s FY26 budget projected to rise 23% to EGP 3.1trn: Finance Minister

Finance Minister Ahmed Kouchouk announced that public revenues in Egypt’s draft budget for fiscal year 2025/2026 are expected to grow by 23% to reach EGP 3.1trn, while total public spending…

Daily News Egypt

Gaza under siege: Hamas reviews Israeli ceasefire proposal as talks stall amid escalation

As Israeli airstrikes continue to pound the Gaza Strip, leaving mounting civilian casualties and deepening the humanitarian crisis, the Palestinian movement Hamas announced it is reviewing a new ceasefire proposal…

Daily News Egypt

Opinion | Türkiye and Israel’s Covert Struggle for Dominance in Post-Assad Syria

Syria is currently witnessing rising tensions between Türkiye and Israel, manifested in semi-military clashes and indirect skirmishes driven by conflicting regional interests. This conflict has intensified following the fall of…

Hatem Sadek

Opinion | US-China Clash Sparks New Alliances: Trump’s Tariffs Shift Global Dynamics

In a surprising move, US President Donald Trump announced a 90-day suspension of tariffs on imports from dozens of countries, with a reduction to 10% during this period. However, this…

Marwa El- Shinawy

Madinet Masr executes buyback of 42.7 million shares under treasury stock programme

Madinet Masr, a leading real estate developer listed on the Egyptian Exchange, has announced the execution of a significant portion of its treasury stock buyback programme, approved by its Board…

Daily News Egypt