Industry is cornerstone of economic development, national security: Minister
Mohamed Salah El-Din Mostafa, Minister of State for Military Production, emphasized that industry is a foundational pillar of both comprehensive economic development and national security. He cited its role in…
CIB reports strong Q1 2025 results with net income up 39% YoY
Commercial International Bank – Egypt (CIB) reported consolidated net income of EGP 16.6bn, or EGP 4.83 per share, for the first quarter (Q1) of 2025—marking a 39% increase compared to…
Opinion | Trump’s Middle East Tour: Diplomatic Currents and Deals Up in the Air
US President Donald Trump has begun his regional visit on May 13, which, at the time of writing, includes Saudi Arabia, Qatar, and the United Arab Emirates. Meanwhile, Israel harbours…
Opinion | Trump’s Middle East Reckoning: A Power Play That Could Leave Netanyahu Behind
Something unsettling is brewing behind closed doors. US President Donald Trump’s visit to the Middle East is unlike any previous visit by an American leader. The timing, the agenda, and…
Egypt earns praise for hosting 2025 Pan Arab Golf Championship for Juniors and Ladies
Egypt has received widespread praise from Arab nations for its organisation of the 2025 Pan Arab Golf Championship for Juniors and Ladies, held this month with broad participation from 12…
Saudi Arabia commits to $600bn US investment in new strategic agreement
US President Donald Trump and Saudi Arabia signed a strategic economic agreement on Tuesday, with the Gulf nation committing to significant investments in the United States, including substantial defence and…
Afreximbank President Oramah calls for mindset shift for AfCFTA success
ABIDJAN – Benedict Oramah, President and Chairperson of the Board of Directors of the African Export-Import Bank (Afreximbank), stated that a change in mentality, particularly among middle and lower management,…
Egypt’s Al-Mashat meets AfDB President, focus on private sector, continental integration
Egypt's Minister of Planning, Economic Development and InternationalCooperation, Rania Al-Mashat, met with African Development Bank (AfDB) Group President Akinwumi Adesina during his visit to Egypt to discuss strengthening their strategic…
Cannes 2025 opens with honours, icons: De Niro celebrated, Binoche leads jury
The 78th Cannes Film Festival officially opens Monday, once again turning the French Riviera into the beating heart of global cinema. Along the famed Croisette, red carpets roll out beneath…
Egyptian expat remittances surge to $32.6bn after March 2024 reforms: CBE
The Central Bank of Egypt (CBE) announced on Monday that remittances from Egyptians working abroad have surged to an unprecedented level, reaching $32.6bn over the 12-month period from March 2024…
