Egyptian pound strengthens, gold prices fall 2.7% in May
Gold prices in Egypt fell sharply in May 2026, weighed down by a stronger Egyptian pound and weaker global bullion markets, according to the Gold and Precious Metals Division at…
Egyptian archaeologists unearth rare Aphrodite head, Roman basilica remains at Ihnasya
An Egyptian archaeological mission from the Supreme Council of Antiquities (SCA) has uncovered a series of significant discoveries at the ancient site of Ihnasya (Heracleopolis Magna) in Beni Suef, offering…
Egypt to roll out Newborn Care Pathway nationwide on June 1
Egypt’s Health Ministry announced it will launch a nationwide “Newborn Care Pathway” programme through primary healthcare units and centres starting June 1, 2026, as part of efforts to strengthen maternal…
Madinet Masr reports EGP 682.5m net profit in Q1 2026 amid strong deliveries, cash collections
Madinet Masr announced its standalone financial results for the first quarter (Q1) of 2026, reporting resilient profitability, strong cash generation, and accelerated project deliveries despite a normalization in market demand…
‘Housing for All Egyptians’ nears one million affordable homes with EGP 110bn in financing, subsidies
Egypt’s presidential Housing for All Egyptians initiative is approaching a landmark milestone of one million affordable housing units, further cementing its status as the largest housing programme for low- and…
Egypt’s top developers post EGP 271bn in sales as real estate market enters correction phase
Egypt’s real estate market entered a more measured phase of growth in the first quarter (Q1) of 2026, as the sector adjusted following several years of rapid expansion fuelled by…
Opinion | House of The Arabs: From Foundation to Future
Henry Kissinger is famously said to have asked: “Who do I call if I want to speak to Europe?” This sardonic remark has since become shorthand for a structural dilemma…
Egypt condemns ‘blatant aggression’ as Israel expands Lebanon offensive, seizes Beaufort Castle
Egypt forcefully condemned Israel's expanding military offensive in Lebanon as a "blatant aggression" on Sunday, as Israeli forces seized the historic Beaufort Castle to establish a new security zone despite…
Asian suppliers seen as next winners from AI fundraising wave
Investors are increasingly looking to Asia’s technology supply chain as a major beneficiary of a new wave of expected stock offerings by SpaceX, OpenAI, and Anthropic, betting that fresh capital…
EGX chairman says petroleum firms to list soon, urges family businesses to join market
Omar Radwan, Chairman of the Egyptian Exchange (EGX), said Egypt’s capital market is entering a new phase of growth and expansion, supported by the government’s IPO programme, an increase in…