Talaat Moustafa Group H1 net profit rises 23% to EGP 9.9bn on strong real estate growth
Talaat Moustafa Group Holding (TMG) recorded a 23% year-on-year increase in net profit for the first half of 2026 to EGP 9.9bn, as consolidated revenues rose 24% to EGP 30.2bn,…
Egyptian finance minister calls for fairer global financial system at 1st BRICS finance meeting in India
Egyptian Finance Minister Ahmed Kouchouk called for a fairer global financial architecture for developing countries and discussed local currency trade settlements during the 1st BRICS Finance Ministers and Central Bank…
Roche appoints Carlos Justiniani Ugarte as General Manager of Diagnostics Egypt and North Africa Network Lead
Roche has appointed Carlos Justiniani Ugarte as General Manager of Roche Diagnostics Egypt and North Africa Network Lead, tasking him with expanding diagnostic access, digitalisation, and the ethical deployment of…
US Navy strikes commercial vessel defying Iran blockade as Tehran outlines conditions to open Strait of Hormuz
US forces fired missiles to disable a commercial vessel attempting to breach the naval blockade on Iran on Tuesday, as Tehran declared the Strait of Hormuz will remain closed until…
Egypt allocates EGP 6bn for third tranche of lump-sum export subsidy dues payment
Finance Minister Ahmed Kouchouk said the government is allocating EGP 6bn for the third tranche of the lump-sum export subsidy dues payment for shipments made before 1 July 2024. Kouchouk…
15 killed, 32 injured in transport crash in Ismailia
Egypt's Minister of Health and Population, Khaled Abdel Ghaffar, and Minister of Local Development and Environment, Manal Awad, are following up on the aftermath of a road accident in Ismailia…
Egyptian PM marks completion of first Decent Life phase in Gharbia, stressing government focus on quality of life
Egyptian Prime Minister Mostafa Madbouly announced the completion of the first phase of the presidential Decent Life initiative (Hayat Karima) in Gharbia governorate on Tuesday, revealing that state funding for…
Agriculture minister discusses investment opportunities with Turkish business delegation
Minister of Agriculture and Land Reclamation Alaa Farouk met with an expanded delegation of leading Turkish businessmen and investors as part of a high-level Turkish delegation's visit to Egypt, headed…
Egypt, Italy’s San Donato discuss New Heliopolis Hospital development
Egypt is discussing plans with Italy's San Donato healthcare group to develop and operate the New Heliopolis Hospital as part of its efforts to improve the efficiency and quality of…
Egypt reviews irrigation, drainage infrastructure requests in Qena, Giza
Egypt's Minister of Water Resources and Irrigation, Hani Sewilam, met with members of parliament to review requests for irrigation and drainage infrastructure projects in the governorates of Qena and Giza,…