Iran signals possible 90% uranium enrichment, expands Hormuz posture as tensions rise
Iran escalated its rhetoric toward the United States and its regional allies on Tuesday, signaling it could raise uranium enrichment to near weapons-grade levels while declaring that its strategic concept…
Rayz Developments debuts in Egypt with BRX mixed-use project in New Cairo
Rayz Developments, the real estate arm of AlShams for Contracting and Engineering Works, has officially entered Egypt’s real estate market with the launch of its first mixed-use project, BRX, in…
Egypt’s Nasser Social Bank sets FY 2026/27 draft budget at EGP 44.7bn
Egypt's Nasser Social Bank has drafted a budget of EGP 44.7bn for the fiscal year (FY) 2026/27, an increase from the revised EGP 43.8bn for FY 2025/26, as the institution…
CIB posts Q1 2026 consolidated revenue of EGP 31.2bn, net profit of EGP 17.8bn
Commercial International Bank (CIB) reported consolidated net profit of EGP 17.8bn for the first quarter (Q1) of 2026, equivalent to EGP 4.65 per share, marking a 7% increase compared with…
Investment fund net assets surge to EGP 410bn in Q1 2026: FRA
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued its first report on the performance of investment funds operating in the Egyptian market during the first quarter (Q1)…
Egypt, Türkiye’s Gürok Group discuss new glassware manufacturing project
Minister of Industry Khaled Hashem held talks with a delegation from Gürok Group to discuss the company’s plans to establish a new industrial project in Egypt specialising in glass tableware…
World Bank urges stronger state asset measurement in Egypt’s public finance reforms
World Bank Global Director for Governance Arturo Herrera Gutierrez underscored the importance of measuring state assets in Egypt’s public finance management, noting that governments often emphasize financial flows, such as…
Egypt preparing second phase of OECD country programme: Planning minister
Ahmed Rostom, Minister of Planning and Economic Development, participated in a meeting of the External Relations Committee of the Organisation for Economic Co-operation and Development (OECD) to review areas of…
Egypt advances FY2025/26 development plan, strengthens governance of public investments
Egypt’s Prime Minister Mostafa Madbouly met with Minister of Planning and Economic Development Ahmed Rostom to review the progress of the country’s FY2025/26 economic and social development plan and discuss…
Opinion | ‘Let’s Forget the Separation of Church and State’: Has America Opened the Door to a New Era of Religious Politics?
On May 1, 2025, during a White House event marking the National Day of Prayer, US President Donald Trump announced the creation of the White House Religious Liberty Commission, a…
