Assets of banks in Egypt rise to EGP 26.887trn in Q1 2026
The combined balance sheet of banks operating in Egypt, excluding the Central Bank of Egypt (CBE), expanded by EGP 2.765trn during the first quarter (Q1) of 2026, reaching EGP 26.887trn…
SIS monitors foreign media coverage of Damietta Port incident, urges reliance on official sources
Egypt's State Information Service (SIS) announced it is closely monitoring foreign media coverage regarding the incident at Damietta Port, aiming to ensure the dissemination of accurate information. The SIS emphasized…
IMF board approves $1.8bn disbursement for Egypt following seventh review
The IMF board approved a $1.8bn disbursement for Egypt following the seventh review under its Extended Fund Facility (EFF) arrangement and the second review under its Resilience and Sustainability Facility…
Gaza committee ready to restore services and govern following Hamas disarmament roadmap
The Gaza National Administration Committee welcomed a newly announced roadmap for the gradual disarmament of Palestinian factions alongside an Israeli withdrawal, declaring its full readiness to assume governance of the…
Iran’s Araghchi warns against Israeli plots following drone attack on Damietta port
Iran’s Foreign Minister Abbas Araghchi warned against alleged Israeli "false-flag operations" designed to undermine regional peace, following a denial by Yemen's Houthi group that it was involved in a recent…
Egypt approves TMG’s 506-acre ‘The Spine’ investment zone in New Cairo
Egypt’s Cabinet has approved the establishment of a special investment zone, The Spine, within the Madinaty development in New Cairo, paving the way for one of the country’s largest mixed-use…
Egypt Prime Minister details response to Damietta port drone attack, confirms energy supplies unaffected
Egypt Prime Minister Mostafa Madbouly said the state successfully contained a drone-induced fire aboard a regasification vessel at Damietta port, confirming that energy supplies remain unaffected and strategic alternatives have…
Drone caused fire on two ships at Egypt’s Damietta port, cabinet says
Preliminary investigations have revealed that a drone caused a fire on two ships at Egypt's Damietta port on July 29, the Egyptian cabinet said. No group has yet claimed responsibility…
Investment minister launches ‘Egypt Exports’ initiative to expand exporter base
Minister of Investment and Foreign Trade Mohamed Farid launched the “Egypt Exports” initiative at Tanta University in Gharbeya during a major event held under the patronage of Prime Minister Mostafa…
Egypt condemns attacks on Arab states as US-Saudi strikes target Iran-backed groups in Iraq
Egypt on Wednesday strongly condemned attacks on oil facilities in eastern Saudi Arabia and missile strikes targeting Jordan, describing them as unacceptable assaults on state sovereignty and civilian infrastructure that…