Israel intensifies strikes on Iran as Tehran retaliates with hundreds of ballistic missiles
Tensions between Israel and Iran reached unprecedented levels on Saturday as Tel Aviv launched a fresh wave of airstrikes on Iranian nuclear and military sites in Tehran, Kermanshah, and Abadan.…
Egyptian, Turkish leaders warn regional escalation risks ‘catastrophic repercussions’
Egyptian President Abdel Fattah Al-Sisi and his Turkish counterpart, Recep Tayyip Erdoğan, warned in a phone call on Saturday that ongoing Israeli escalation in the region could have catastrophic consequences…
CBE Deputy Governor attends ceremony appointing DPI as new manager of ‘Nclude’
As part of ongoing efforts to support fintech innovation, drive digital transformation, and advance financial inclusion in line with international best practices, the Central Bank of Egypt (CBE) has approved…
Egypt deploys over 2,400 ambulances to support high school exams nationwide
Egypt’s Ministry of Health and Population has launched a nationwide emergency medical plan to support over 800,000 students during the final high school examinations, which run from 10 June to…
Egypt to announce new private sector financing deals at Sunday conference
Egypt's Ministry of Planning, Economic Development and International Cooperation will hold a conference on Sunday in the New Administrative Capital focused on development finance to support private sector-led growth and…
Egypt selected for $1bn climate fund decarbonisation programme: Al-Mashat
Egypt has been selected as one of seven countries to benefit from the Climate Investment Funds' (CIF) $1bn Industrial Decarbonisation Programme, Minister of Planning, Economic Development and International Cooperation Rania…
Grand Egyptian Museum opening delayed to Q4
The official opening of the Grand Egyptian Museum (GEM) has been postponed to the final quarter of this year, Prime Minister Mostafa Madbouly announced on Saturday. Speaking at a press…
Why has Egyptian state allocated land to Ministry of Finance?
President Abdel Fattah Al-Sisi has issued Presidential Decree No. 303 of 2028, allocating a parcel of state-owned land—measuring approximately 41,515.55 feddans (equivalent to 174.4 million square metres)—in the Red Sea…
Financial position of banks in Egypt rises to EGP 22.039trn in February 2025
The Central Bank of Egypt (CBE) has reported that the consolidated financial position of banks operating in the domestic market—excluding the CBE itself—rose to EGP 22.039trn in February 2025, up…
Israel and Iran’s nuclear programme: Intense strikes and “limited damage”
Israeli strikes on Iran early Friday damaged a key nuclear site and killed several senior military officials and nuclear scientists, but did not destroy Iran's nuclear programme, according to reports…