Al-Sisi reviews inflation, record reserves with CBE governor

Egyptian President Abdel Fattah Al-Sisi met with Central Bank of Egypt (CBE) Governor Hassan Abdalla to review inflation trends, foreign currency reserves, and overall economic performance amid ongoing regional geopolitical…

Daily News Egypt

Egypt to implement cash subsidy system, freeze fuel prices by end 2026: Deputy PM

Egypt targets the implementation of a plan to transition from in-kind to cash subsidies by the end of 2026, Deputy Prime Minister for Economic Affairs Hussein Eissa said on Tuesday.…

Daily News Egypt

IFC affirms commitment to Egypt’s economic reforms at 50-year anniversary event

The International Finance Corporation (IFC) and the World Bank Group reaffirmed their commitment to turning Egypt's economic reforms into sustained outcomes during an event at the Giza Pyramids marking 50…

Daily News Egypt

IFC marks 50 years in Egypt with $10bn mobilized across 300 projects

The International Finance Corporation (IFC) is celebrating five decades of partnership with Egypt’s private sector, during which it has invested and mobilized more than $10bn across nearly 300 projects since…

Daily News Egypt

Egypt pivots to technology and global supply chains for industrial growth, cites Africa as top opportunity

Egypt aims to become one of the top five players globally across seven shortlisted industrial sectors by 2035 through deep integration into global supply chains, the country's industry minister announced…

Daily News Egypt

Egypt to overhaul business licensing and capital rules to equalise investor playing field

Egypt is overhauling its post-establishment business regulations, including slashing the time required for capital increases and unifying operational licensing, to facilitate the ease of doing business equally for both domestic…

Daily News Egypt

Opinion | Netanyahu: The Strategy of Survival Through Chaos

Whenever the region appears to be moving closer to de-escalation, Israel intervenes to reignite the flames. Only hours after US President Donald Trump disclosed a framework document aimed at reaching…

Hatem Sadek

Opinion | Trump’s Visit to Beijing Raises the Question: Is Washington Recognizing a Post-Unipolar World?

Not all political moments are captured by cameras. Some historic turning points are read in the silent details: in the timing of a visit, in the language of diplomatic statements,…

Marwa El- Shinawy

CBE attributes April inflation slowdown to easing non-food pressures

Annual urban headline inflation slowed to 14.9% in April 2026, down from 15.2% in March, according to the Central Bank of Egypt (CBE), which attributed the moderation primarily to easing…

Hossam Mounir

Egypt launches ‘Productive Villages’ pilot to build small factories in rural communities

Egypt is exploring the establishment of small and medium-sized factories within villages as part of the new “Productive Villages” initiative, designed to harness local resources and create jobs. The pilot…

Daily News Egypt