HDB renews Hassan Ghanem’s mandate as CEO for 2026-2029

The general assembly of Housing and Development Bank (HDB) has renewed the mandate of Hassan Ghanem as chief executive officer and managing director for a new term spanning 2026 to…

Daily News Egypt

Flood protection systems capture 2 million cubic metres of rainwater in Sinai: Irrigation Ministry

Egypt’s Ministry of Water Resources and Irrigation said flood protection infrastructure in South Sinai captured around 2 million cubic metres of rainwater following rainfall on 22 March. The ministry said…

Daily News Egypt

Al-Sisi reviews FY2026/27 budget, targeting 5.4% growth, EGP 1.2trn primary surplus

Egyptian President Abdel Fattah Al-Sisi reviewed the government’s fiscal policy priorities for the 2026/2027 budget during a meeting on Tuesday with Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk,…

Daily News Egypt

Egypt on high alert as severe weather prompts nationwide emergency readiness

Egyptian authorities have raised preparedness to maximum levels across key sectors following warnings of severe weather expected to hit the country on 25-26 March, bringing heavy thunderstorms, strong winds and…

Mohammed El-Said

Al-Sisi, Indonesia’s President Prabowo discuss Middle East tensions, bilateral cooperation

Egyptian President Abdel Fattah Al-Sisi received a phone call on Monday from Indonesian President Prabowo Subianto to discuss regional developments and bilateral relations, the Egyptian presidency said. According to a…

Daily News Egypt

Egypt urges de-escalation as Trump signals potential Iran deal amid intensifying regional strikes

Egypt has called for urgent de-escalation in the Middle East as military escalation between Iran, Israel and the United States intensifies, while U.S. President Donald Trump signalled the possibility of…

Daily News Egypt

Egypt advances €2.05bn Beni Suef power plant supplying 15% of national electricity capacity

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat conducted a field visit on Monday to the Beni Suef Combined Cycle Power Plant to review operational performance, fuel consumption rates,…

Daily News Egypt

Egypt removes building violations, land encroachments across 21 governorates during Eid holiday

Egyptian authorities have removed a number of building violations and encroachments on agricultural and state-owned land during the Eid al-Fitr holiday, the Ministry of Local Development and Environment announced on…

Daily News Egypt

Egypt uncovers fifth-century monastic guesthouse in Beheira

Egypt’s Ministry of Tourism and Antiquities has announced a significant archaeological discovery in Beheira, where an Egyptian mission has uncovered a structure believed to have served as a guesthouse during…

Daily News Egypt

Egypt’s urban headline inflation rises to 13.4% in February 2026: CBE

Annual urban headline inflation accelerated to 13.4% in February 2026, up from 11.9% in January, driven by a seasonal increase in both food and non-food prices. Annual food inflation rose…

Hossam Mounir