Industry Minister tours Misr Spinning & Weaving complex in El Mahalla El Kubra
Egypt's Minister of Industry, Khaled Hashem, began a field tour of El Mahalla El Kubra—one of the country's largest industrial hubs—with a visit to the Misr Spinning and Weaving Company…
Military Production Ministry develops new strategy to modernise affiliated companies through AI, digital transformation
Minister of State for Military Production Salah Gamblat said the Ministry of Military Production is developing a new strategy to modernise its affiliated companies, with a focus on digital transformation,…
Egypt says four EU-backed local development projects reach 25% completion
Egypt has completed around 25% of four local economic development projects in Fayoum, Beni Suef, Luxor and Aswan under a European Union-funded technical assistance programme implemented in cooperation with the…
Egypt rejects recognition of ‘Somaliland’ in talks with Somali foreign minister
Egypt completely rejects any measures that would compromise Somali territorial integrity, including any recognition of the so-called "Somaliland", Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty said…
Trump renews military threat against Iran as Oman hosts fresh nuclear talks
US President Donald Trump renewed his military threats against Iran on Saturday, warning that he had ordered an overwhelming military response if Tehran were to assassinate him or attempt to…
Egypt, Türkiye push to restore US-Iran negotiations to avoid military escalation
Egypt and Türkiye have called for intensified joint efforts to restore the negotiation track between the United States and Iran to reach a final diplomatic agreement and prevent the risk…
Saib Bank signs EGP 300m financing agreement with Erada Finance to support MSMEs
Saib Bank has signed a medium-term financing agreement worth EGP 300m with Erada Finance to expand funding for micro, small and medium enterprises (MSMEs), reinforcing its efforts to increase financial…
Four-bank consortium extends EGP 4bn syndicated loan to Ora Developers Egypt
A consortium of four of Egypt's leading banks has arranged a EGP 4bn syndicated loan for Ora Developers Egypt to finance the remaining construction works at the ZED El Sheikh…
CBE explains rationale for holding interest rates steady for third consecutive meeting
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) explained the rationale behind its decision to leave key policy interest rates unchanged for the third consecutive meeting,…
Al-Sisi honours Egypt’s national team following historic FIFA World Cup 2026 campaign
Egyptian President Abdel Fattah Al-Sisi honoured the national football team and its coaching and administrative staff following their historic performance at the FIFA World Cup 2026, calling for greater efforts…