Egypt plans EGP 136.3bn investment in electricity, renewables for FY 2025/26

Egypt plans to invest EGP 136.3bn in its electricity and renewable energy sector for the fiscal year (FY) 2025/26, according to a plan outlined by the Ministry of Planning, Economic…

Daily News Egypt

US ambassador celebrates Egypt’s top Thanawaya Amma students, launches $50,000 training initiative

US Ambassador to Egypt Herro Mustafa Garg hosted a special reception at the US Embassy in Cairo to honour the top-performing Thanawaya Amma students of 2025. The event brought together…

Daily News Egypt

India marks 11 years of Pradhan Mantri Jan Dhan Yojana—world’s largest financial inclusion programme

India’s Pradhan Mantri Jan Dhan Yojana (PMJDY) has transformed global financial inclusion, bringing more than 560 million people into the formal banking system since its launch in 2014. As the…

Daily News Egypt

US, Egypt launch Bright Star 25 military exercises with participation from 40 nations

The multinational military exercise Bright Star 25 officially began this week at Mohamed Naguib Military Base, co-hosted by US Central Command (CENTCOM) and the Egyptian Armed Forces. The opening ceremony,…

Daily News Egypt

Supply Minister reviews goods availability, market regulation with Holding Company, subsidiary leaders

Sherif Farouk, Minister of Supply and Internal Trade, convened an extensive meeting with senior officials from the Food Industries Holding Company, heads of its subsidiary firms—including wholesale companies and consumer…

Daily News Egypt

Egypt intensifies climate action ahead of COP30 in Brazil

Egypt’s Minister of Local Development and Acting Minister of Environment, Manal Awad, convened a high-level coordination meeting with senior officials from the Ministry of Environment and the Central Department for…

Daily News Egypt

STM Investment, Misr Insurance sign protocol to provide comprehensive project coverage

Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), has witnessed the signing of a cooperation protocol between Misr Insurance, a subsidiary of the Sovereign Fund of Egypt, and STM…

Daily News Egypt

Finance Ministry to offer EGP 838bn in treasury bills, bonds in September 2025

The Ministry of Finance has announced that it will offer treasury bills and bonds worth a total of EGP 838bn in September 2025. The issuance will comprise 20 treasury bill…

Hossam Mounir

Industry Minister launches 1,386 fully serviced industrial plots across 23 governorates

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, has announced the launch of the 11th offering of industrial land plots through the Egypt Industrial…

Daily News Egypt

Israel claims airstrike kills Hamas spokesperson Abu Ubaida

Israeli Defence Minister Israel Katz announced Sunday that the Israeli military killed Abu Ubaida, the spokesperson for Hamas’s armed wing, the Al-Qassam Brigades, in an airstrike carried out the previous…

Daily News Egypt