CBE, EU open 9th steering committee meeting of capacity-building initiative for African central banks
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), and Angelina Eichhorst, European Union (EU) Ambassador to Egypt and the League of Arab States, inaugurated the 9th Steering Committee…
Suez Canal revenue rises 18.5% as shipping lines signal return to Red Sea Daily News Egypt
Suez Canal revenue increased by 18.5% in the first half of the fiscal year (FY) 2025/26, Chairperson Osama Rabie said on Wednesday, as he declared conditions ready for the full…
Egypt’s current account deficit narrows 45.2% on surging remittances and tourism
Egypt’s current account deficit narrowed by 45.2% to $3.2bn during the first quarter of the fiscal year (FY) 2025/26, supported by a significant surge in remittances and growth in the…
Al-Sisi invites global CEOs to invest in Egypt as economic indicators improve
President Abdel Fattah Al-Sisi told some 70 international business leaders on Wednesday that the Egyptian economy has successfully absorbed major global shocks and is prioritising private sector expansion through wide-ranging…
Daltex Group launches ORTH smart farming assistant in Egypt at Agri Expo 2026
Daltex Group, a provider of integrated agricultural solutions, participated in Agri Expo 2026, reaffirming its commitment to introducing advanced technologies and modern farming practices to support Egyptian farmers, boost productivity,…
Egypt to fast-track state divestment and private sector role, Al-Sisi tells Davos
President Abdel Fattah Al-Sisi on Wednesday declared that Egypt is committed to empowering the private sector as the primary engine of national growth, inviting global investors to capitalise on a…
Opinion | Trump’s America and the Global Monroe Doctrine: When Power Becomes Policy
At the dawn of 2026, the world no longer tolerates ambiguity. Diplomatic masks have slipped. Reality stands exposed. Raw power is the only language that requires no translation. At the…
Opinion | The Strategic Evolution of Egypt’s Personal-Care Manufacturing
After more than two decades leading manufacturing and consumer-goods operations across international markets, my outlook on Egypt’s personal-care sector remains resolutely optimistic. We are witnessing a fundamental shift where the…
State adopts modern approach to asset management: El-Khatib
Minister of Investment and Foreign Trade Hassan El-Khatib said the state has adopted a modern approach to managing its assets, based on comprehensive re-planning and improving efficiency of use to…
Customs exemption for mobile phones brought from abroad ends Wednesday
The Egyptian Customs Authority and the National Telecom Regulatory Authority (NTRA) announced that the exceptional customs exemption granted to passengers bringing mobile phones from abroad will end on Wednesday. Exemptions…