Banque Misr Clarifies the Position of Its UAE Branch Regarding the U.S. Regulatory Action
With reference to the announcement by the U.S. Department of the Treasury regarding the taking of a regulatory action related to restricting U.S. dollar correspondent banking services provided by U.S.…
Iran-US conflict continues to weigh on global, domestic economies: CBE
The Central Bank of Egypt (CBE) has said the persistence of the Iran-US conflict continues to weigh on the global and domestic economies, with lingering effects on economic activity, foreign…
Central Bank of Egypt says US measures against Banque Misr UAE branch will not impact domestic sector
The Central Bank of Egypt confirmed that recent United States measures imposed on Banque Misr's branch in the United Arab Emirates, in connection with economic restrictions on Iran, will not…
Chefs to prepare 20,000 tasting portions at International Festival of Youth gastronomic even
A team of 100 chefs from the All-Russian Gastronomic Map of Russia project will prepare 20,000 free tasting portions of regional and global dishes at the Taste of the Peoples…
Al-Sisi orders review of real estate contracts and electricity bills in sweeping domestic directives
President Abdel Fattah Al-Sisi has issued a raft of domestic directives aimed at improving living conditions. He ordered immediate actions on real estate accountability, electricity billing, market controls, and traffic…
Egypt Tourism Authority reaches 38,000 citizens through awareness programmes
The Egyptian Tourism Authority organised 271 awareness trips and more than 1,000 seminars between January 2025 and June 2026 The Ministry of Tourism and Antiquities, represented by the Egyptian Tourism…
Egypt, South Korea launch waste management training centre in Giza
Egypt and South Korea have opened an integrated simulation facility in Shabramant, Giza, to train workers in solid waste management as part of efforts to improve recycling, reduce emissions and…
Cairo presses US to uphold Iran MoU to avert wider Middle East conflict
Minister of Foreign Affairs Badr Abdelatty urged adherence to the United States-Iran memorandum of understanding to de-escalate soaring regional tensions during a phone call with US Special Envoy for the…
Oman and Iran plan temporary Hormuz shipping corridor as Trump declares waterway cleared of mines
Oman and Iran have agreed on a phased framework to establish a temporary joint shipping corridor through the Strait of Hormuz and launch a joint project to clear the waterway…
Egypt targets doubling oil, condensate output as $4bn refinery projects advance
Egypt is targeting a doubling of crude oil and condensate production under a five-year energy strategy while advancing six refinery projects with investments exceeding $4bn, the presidency said. President Abdel…