Egypt vows not to abandon ‘old rent’ tenants, plans alternative housing
The Egyptian government will not abandon tenants living under the country's long-standing "old rent" system and is working to provide alternative housing, two ministers told parliament on Monday during a…
Egypt’s Foreign Minister urges diplomacy on Iran nuclear issue in IAEA call
Egypt's Foreign Minister on Monday urged a diplomatic solution to the Iranian nuclear issue and the importance of solidifying the ceasefire between Iran and Israel in a call with the…
Military Production Minister reaffirms commitment to asset optimization, governance principles
Mohamed Salah El-Din Mostafa, Minister of State for Military Production, conducted an unannounced inspection tour of Helwan Casting Company (Military Factory 9) to evaluate the company’s production progress and monitor…
Al Safy Group invests $80m to expand factory in 6th of October City
Al Safy Group is investing $80m to expand its factory in 6th of October City, aiming to increase production capacity and meet rising demand for its high-tech product lines. Global…
FRA raises consumer cash finance limit to EGP 50,000 per client
The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decree No. 138 of 2025 amending Decree No. 81 of 2023 to raise the cap on pre-disbursed consumer cash…
Madbouly represents Egypt at 4th UN Conference on Financing for Development in Seville
Egyptian Prime Minister Mostafa Madbouly represented President Abdel Fattah El-Sisi at the opening session of the 4th International Conference on Financing for Development, held in Seville, Spain, from 30 June…
Egypt is vital strategic partner for India, their relationship will only grow stronger: ORF
New Delhi – In an increasingly interconnected world, India’s strategic engagement with the African continent continues to evolve, forming a key pillar of its foreign policy. Against this backdrop, Dr.…
Half of exporters’ dues for pre-June 2024 shipments to be paid in cash starting 7 August: Finance Minister
Ahmed Kouchouk, Minister of Finance, announced that 50% of the outstanding dues owed to exporters for shipments made before the end of June 2024 will begin to be paid in…
Al-Sisi reaffirms Egypt’s support for Libyan unity, withdrawal of foreign forces
Egyptian President Abdel Fattah Al-Sisi met on Monday with Khalifa Haftar, Commander of the Libyan National Army (LNA), in the coastal city of El Alamein, where both sides underscored the…
Egypt in diplomatic push for Gaza truce, Iran-Israel de-escalation
Egypt's Foreign Minister on Monday urged a ceasefire in Gaza and continued de-escalation between Israel and Iran during separate phone calls with senior US and Iranian officials, the foreign ministry…