Category: News

Egypt’s Prime Minister Mostafa Madbouly met with Minister of Supply and Internal Trade Sherif Farouk to review the ministry’s ongoing efforts and preparations to secure food supplies and maintain market stability ahead of Eid Al-Adha. During the meeting, Madbouly stressed the importance of ensuring the continuous availability of essential commodities…

Egyptian President Abdel Fattah Al-Sisi inaugurated the New Delta agricultural project in Giza on Sunday as part of the government’s broader strategy to expand cultivated land, enhance food security and support agricultural production. According to a statement from the Egyptian presidency, the project aims to reclaim and cultivate around 2.2…

Cairo, Egypt, 17 May 2026: Ski Egypt, Africa’s first indoor ski resort and a flagship entertainment destination by Majid Al Futtaim, hosted the third edition of the “4×4 Snow Challenge,” the region’s first snow-based motorsport experience. Held under the patronage of the Ministry of Youth and Sports, the event further…

Cairo, 17 May 2026: Misr Italia Properties continues to redefine coastal living in Ras El Hekma by launching Maison Solare Boutique Hotel & Serviced Residences, in partnership with Maison 69, with investments totaling EGP 2.5 billion. Maison Solare represents a boutique residential parcel comprising five blocks that house a boutique…

The US Dollar has crossed the LE 53 mark across several local Egyptian commercial banks. This upward movement is driven by a broader global rally of the greenback and intensifying geopolitical anxieties within the Middle East, Al-Mal reported. Global dynamics fueling the greenback This domestic shift mirrors a strong international…

Deputy Minister of Foreign Affairs for International Cooperation, Samar al-Ahdal stressed the importance of enhancing development financing and supporting digital transformation and innovation in the countries of the Global South to confront growing economic and geopolitical challenges. This came during  Samar al-Ahdal’s participation, on behalf of Badr Abdelatty, Egypt’s Minister…

The Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), George Elombi,  announced a collaboration with the Central Bank of Egypt to establish a specialized gold bank headquartered in the Egyptian capital Cairo, RT reported on Thursday. Elombi said that Egypt was chosen as the headquarters for…

Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty reaffirmed Egypt’s commitment to attracting further Indian investments and boosting bilateral trade. The minister’s remarks came during talks with Indian Minister of Commerce and Industry Piyush Goyal on the sidelines of the BRICS foreign ministers’ meeting held on Friday…

Banque Misr has signed a cooperation protocol with the Ministry of Awqaf on Wednesday, May 13, 2026, at the Cabinet headquarters, in the presence of Prime Minister Moustafa Madbouly. The signing was attended by Minister of Awqaf Osama Al-Azhari, CEO of Banque Misr Hesham Okasha, and Head of the Retail…