Category: News

The government affirmed its commitment to securing safe levels of foreign exchange reserves to safeguard strategic commodity needs, noting ongoing efforts to bolster strategic inventories through constant coordination with the Central Bank. This came during Prime Minister Mostafa Madbouly’s meeting on Sunday, September 20, 2026, with Central Bank of Egypt…

Sheraton Soma Bay Resort welcomed a distinguished gathering of leading celebrities, artists and media personalities during Miss Elite World 2026, bringing international glamour and attention to Egypt’s Red Sea. The event featured an impressive jury led by iconic Egyptian superstar Yousra as Head of Jury, alongside prominent personalities including Tamer…

Egyptian Prime Minister Mostafa Madbouly and Central Bank Governor Hassan Abdalla met to coordinate the preparation of a National Economic Transformation Programme and review ongoing efforts to reduce inflation and increase dollar inflows. During the meeting, which focused on priority economic files and mechanisms to enhance financial and monetary stability,…

Egypt’s participation in the Arabian Travel Market (ATM) in Dubai remains important despite ongoing political and security developments in the region, according to Haitham Arafa, Board Member of the Egyptian Travel Agents Association (ETAA) and Head of its Training Committee. Arafa said that Egypt’s absence from the international tourism exhibition…

Egypt’s Health Ministry is preparing to establish three new bone marrow transplant units as part of its 2026/27 investment plan, while 35 healthcare projects are under implementation across 13 governorates as authorities seek to expand treatment capacity and reduce patient waiting lists. Health Minister Khaled Abdel Ghaffar reviewed progress on…

Egypt is implementing eight integrated international development logistics corridors linking seaports on the Red Sea and Mediterranean with the Suez Canal, dry ports, and industrial, agricultural, and mining zones, Minister of Transport Kamel Al-Wazir said. Al-Wazir made the remarks during Egypt’s 2026 World Maritime Day celebration in Alexandria, held under…

The board of directors of the Financial Services Institute, chaired by Financial Regulatory Authority (FRA) head Dr. Islam Azzam, has issued a regulatory decision expanding the mandate of the Regional Centre for Sustainable Finance and Carbon Markets to act as a technical, research, and training hub. The decision broadens the…

Egypt will participate in the 2026 Monaco Yacht Show through an expanded national pavilion, with Felix Maritime among the Egyptian companies exhibiting at the event, scheduled to take place from September 23 to 26 at Port Hercule in Monaco. Organised by the Ministry of Tourism and Antiquities under the Experience…

Suez Canal traffic increased in August 2026, with 1,358 vessels transiting the waterway carrying a combined net tonnage of 68.3 million tonnes and generating $567.1m in revenues, according to Osama Rabie, Chairperson of the Suez Canal Authority (SCA). Rabie made the remarks during Egypt’s World Maritime Day 2026 celebrations, organised…