Egypt’s PM joins opening of first Africa-hosted G20 Summit as leaders push for reforms on climate, debt, global inequality
Egyptian Prime Minister Mostafa Madbouly on Saturday attended the opening session of the 2025 G20 Leaders’ Summit in Johannesburg, representing President Abdel Fattah Al-Sisi at the first G20 meeting ever…
MSMEDA injects EGP 22.7bn since 2022, funding 493k projects: Rahmy
Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has channelled EGP 22.7bn in funding since 2022, supporting around 493,000 projects across…
Entrepreneurship key to building more competitive economy at 2025 awards ceremony: Al-Mashat
Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said entrepreneurship remained a core pillar of the country’s move towards a more productive, innovative and competitive economy, as…
Industry ministry allocates 185,000 sqm for new industrial projects in 16 governorates
The Ministry of Industry has announced the results of the 12th exceptional offering of serviced industrial land, following the closure of applications on 6 November. The Industrial Development Authority received…
G20: Egypt says ready to host international conference on Gaza reconstruction
Egypt is ready to host an international conference on early recovery and reconstruction in Gaza, Prime Minister Mostafa Madbouly told a G20 session on Saturday, calling for urgent reforms to…
India delays decision on extraditing ex-PM Hasina as Bangladesh tensions rise
India is facing a growing diplomatic challenge after Bangladesh renewed its demand for New Delhi to extradite former prime minister Sheikh Hasina, who fled to India in August 2024 and…
European leaders say US 28-point Ukraine peace draft needs more work, reject any change of borders by force
European leaders meeting on the sidelines of the G20 Summit in Johannesburg on Saturday said the US-drafted 28-point plan to end the war in Ukraine could serve as a basis…
Opinion | Expat Remittances: Egypt’s Inexhaustible Mine
Whenever we look at the foreign-exchange reserve data of the Central Bank of Egypt, we find that gold accounts for an important portion valued at around $16bn. But did you…
CBE outlines drivers behind October’s rise in inflation
Annual urban headline inflation accelerated to 12.5% in October 2025, up from 11.7% in September, according to data released by the Central Bank of Egypt (CBE). The CBE said the…
Inflation-related risks necessitate cautious monetary-easing approach: CBE
The Central Bank of Egypt (CBE) has cautioned that persistent inflation-related risks necessitate a prudent approach to the ongoing monetary easing cycle. During its meeting last Thursday, the Monetary Policy…