Bohra Sultan pledges to boost tourism to Egypt as Al-Sisi vows support for mosque restorations
The Sultan of the Bohra sect, Mufaddal Saifuddin, confirmed plans to increase the number of Bohra tourists visiting Egypt, as President Abdel Fattah Al-Sisi pledged the state's continued assistance for…
Egypt’s WADICO reports 2025 net profit exceeding EGP 1bn, signs MoU with China’s Xingfa
Egypt’s New Valley Company for Mineral Resources and Oil Shale (WADICO) posted a 195% surge in its 2025 net profit to exceed EGP 1bn, driven by EGP 2.8bn in operating…
Egypt deepens energy partnership with Huawei to enhance grid efficiency
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, has held talks with executives from Huawei to expand co-operation in renewable energy, energy storage technologies, and smart grid solutions, as…
Minister of Military Production explores expanded co-operation with GOEIC
Salah Gomaa, Minister of State for Military Production, held talks with Essam El-Naggar, Chairperson of the General Organisation for Export and Import Control (GOEIC), to explore avenues for enhanced joint…
Egypt, AfDB explore new financing mechanism to boost infrastructure investment
Ahmed Rostom, Minister of Planning and Economic Development, met with Oliver Bognon, Chief Executive Officer of the African Legal Support Facility (ALSF), an affiliate of the African Development Bank (AfDB),…
Egypt postpones 20 road projects to rationalise petroleum consumption and reduce import bill
Egypt will postpone the construction of 20 road projects and slow down the implementation of other government developments as part of an announced rationalisation plan to reduce petroleum consumption and…
Finland sees strong untapped potential to expand trade, investment with Egypt: Finnish ambassador
Finland’s Ambassador to Egypt, Riikka Eela, has highlighted the growing momentum in Egyptian-Finnish economic relations, pointing to substantial untapped opportunities across trade, investment, and technology. In an interview with Daily…
Egypt’s anti-money laundering unit, UN, seek closer ties to target transnational financial crime
Egypt and the United Nations peacebuilding office have committed to expanding partnerships to combat illicit financial flows and transnational crime, citing the need for intensified international collaborative measures amid current…
Deputy PM explores deeper cooperation with US financing, development institutions
Hussein Eissa, Deputy Prime Minister for Economic Affairs, has participated in a joint Egyptian-American working session hosted by Motaz Zahran, Egypt’s Ambassador to the United States. The meeting brought together…
Iran warns ships near Hormuz as regional tensions escalate amid fragile ceasefire
Iran has escalated its warnings over maritime movement in the Gulf and the Strait of Hormuz, cautioning vessels against approaching the strategic waterway as tensions persist with the United States…