Elians finishes 16 under par to secure Sokhna Golf Club title

Belgian golfer Christophe Elians won the eighth round of the 2026 Egypt Golf Series on Friday, finishing 16 under par to set a new course record at the Sokhna Golf…

Daily News Egypt

Opella Egypt outlines growth roadmap with EGP 1bn investment, local production focus

Opella Egypt is scaling up its commitment to the local market with total investments of approximately EGP 1bn over the past decade, as the global self-care giant doubles down on…

Daily News Egypt

Indorama to invest $525m in Egypt fertiliser plant targeting 80% exports

Indorama Egypt Fertilisers has signed a contract to establish a new phosphate fertiliser plant in the Suez Canal Economic Zone (SCZONE) with a first-phase investment of $525m, targeting 80% of…

Daily News Egypt

Egypt to add 2,500 MW of renewable energy in 2026

Egypt plans to add 2,500 megawatts of renewable energy capacity to its national grid in 2026, the presidency announced Tuesday, as part of efforts to strengthen electricity stability and reduce…

Daily News Egypt

Egypt reaffirms support for Kuwait, urges regional de-escalation

Egypt has voiced full support for Kuwait amid ongoing regional tensions, calling for de-escalation and renewed diplomatic efforts to prevent a wider conflict.   In a statement on Wednesday, Egypt’s…

Daily News Egypt

Egypt temporarily lists 6 state-owned firms on EGX under IPO programme

Egypt has temporarily listed six state-owned companies on the Egyptian Exchange (EGX), a move aimed at accelerating the government’s initial public offering (IPO) programme and increasing private sector participation in…

Daily News Egypt

Fragile US-Iran ceasefire tested by early violations as Islamabad talks loom

A ceasefire between the United States and Iran has taken effect with broad international support, but early violations and continued hostilities are already casting doubt on its durability ahead of…

Daily News Egypt

EDECS, MEDLOG partner to build landmark Dry Port in 10th of Ramadan City

EDECS, a leading regional engineering and contracting group, and MEDLOG, the global logistics arm of MSC Group, have signed an agreement to launch a major dry port project in 10th…

Daily News Egypt

MSMEDA, Outreach partner to expand non-financial services for entrepreneurs under ‘Orange Corners’

In a move to strengthen cooperation between national development institutions and international partners, the Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has signed a cooperation agreement with Outreach Egypt,…

Daily News Egypt

CBE bars credit facilities for unregistered entities

The Central Bank of Egypt (CBE) has instructed banks not to grant or renew credit facilities to non-banking credit providers unless they are officially registered, assigned a CBE code, and…

Hossam Mounir