Year: 2026

Egypt has completed the modernization of 33 railway workshops nationwide and finalized the construction of eight new maintenance facilities out of a planned total of 11, as part of the government’s comprehensive strategy to modernize the national railway network and improve transportation services. The announcement came during a visit by…

The European Union (EU) has unveiled an ambitious new initiative aimed at accelerating the green energy transition across the Mediterranean region, with plans to mobilise up to €25bn in investments by 2035. The initiative, known as the Trans-Mediterranean Renewable Energy and Clean Technology Cooperation (T-MED), was launched during the European…

Egypt is preparing to launch its universal health insurance system in Minya, home to around seven million residents, making it the first governorate to join the programme’s second phase, Minister of Health and Population Khaled Abdel Ghaffar said. According to a statement from the Ministry of Health and Population, Abdel…

The key message in May’s data is that headline inflation continued to fall, while core inflation raised a yellow card to markets. Egypt’s inflation data for May 2026 carried a blend of positive signals and cautionary messages at the same time. On the one hand, the annual headline urban inflation…

Abu Dhabi Commercial Bank (ADCB) Egypt has launched its first investment fund in the Egyptian market through a strategic partnership with EFG Hermes Asset Management, marking a significant step in the bank’s efforts to diversify its investment offerings and enhance wealth management solutions for clients. Under the agreement, ADCB Egypt…

Daily News Egypt reviews the key performance indicators of banks operating in the Egyptian market in 2025, based on the latest report issued by the Central Bank of Egypt (CBE). Total Assets The CBE revealed that total assets of the Egyptian banking sector, excluding the Central Bank, stood at EGP…

Minister of Planning and Economic Development Ahmed Rostom said investing in human capital is a fundamental pillar for improving government performance and achieving sustainable development, emphasizing that knowledge-sharing and international cooperation play a vital role in transferring expertise and adopting global best practices. Rostom made the remarks during a meeting…

Chairman of the Suez Canal Economic Zone (SCZONE), Walid Gamal al-Din, witnessed the signing of a contract with Steel Con to establish an industrial project in the East Port Said Industrial Zone. The factory, which will produce construction components and related metal parts, costs around two million dollars and creates…

Cairo, Egypt, June 11, 2026 – As part of its ongoing commitment to inclusion and equal opportunities, RATP Dev Mobility Cairo (RDMC), the operator of Cairo Metro Green Line 3 and the Capital Train (LRT), is proud to announce a new strategic partnership with Baseera Foundation. Through this collaboration, both…