العربية

Month: February 2026

Egypt secures $2.3 billion from International Monetary Fund

The International Monetary Fund (IMF) Executive Board has officially approved the combined fifth and sixth reviews of Egypt’s economic program, alongside the first review under the Resilience and Sustainability Facility (RSF). This milestone clears the way for Egypt to draw approximately $2.3 billion. An informed source told Al-Masry Al-Youm that…

The Discover List: Meet the 2026 TikTok Creators to Watch

TikTok is a global community where over a billion people come to connect, share their passions, and find inspiration. A springboard for discovery, TikTok creators show us every day that one spark can lead anywhere, from sharing new recipes to inspiring someone to find their new favorite hobby. Today, TikTok…

Gold in Egypt tops global prices

Gold prices in both domestic and international markets have undergone a period of marked instability over the last few days, spurred by rapid economic and political developments. Just two days ago, global spot prices surged to US$5,225 per ounce before retreating to $5,182. Locally, Egypt followed a similar trajectory: 21-karat…

Egyptian Competition Authority clears three acquisition deals

The Egyptian Competition Authority has approved three acquisition transactions, following reviews by its Committee for Reviewing Economic Concentration Filings, as part of its mandate to oversee mergers and ensure compliance with competition law. The committee cleared the acquisition of 100% of the shares of Smiths Detection Group Ltd by CVC…

Egypt accelerates canal digitisation, modern irrigation reform

Egypt’s Ministers of Water Resources and Irrigation and Agriculture reviewed joint projects and coordination mechanisms aimed at enhancing water management and boosting agricultural productivity during a meeting of the joint coordination committee between the two ministries. Minister of Water Resources and Irrigation Hani Sewilam reaffirmed his ministry’s commitment to close…