Category: News

Soma Bay, Red Sea, Egypt – 2026 – Set along the sun-drenched shores of Egypt’s Red Sea, Sheraton Soma Bay Resort introduces a new benchmark in coastal luxury with the unveiling of its fully reimagined suite collection. This transformation marks a defining evolution in the resort’s positioning, where space, privacy,…

CAIRO, June 28 (MENA) – President Abdel Fattah al-Sisi Sunday emphasized the need to continue efforts to localize the marine units manufacturing industry to meet national needs within the Canal and Egyptian ports, support the inland water transport sector, and expand into export markets in partnership with the private sector.…

The head of Egypt’s Gold and Jewelry Division at the Federation of Chambers of Commerce, Hany Milad, assured that gold will remain a safe haven and one of the most important stores of value, adding that the price fluctuations the market is witnessing are normal given global economic and political…

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, called for a global partnership on non-conventional water resources and increased financing for water projects in developing countries during a preparatory meeting for the 11th World Water Forum, scheduled to be held in Riyadh in March 2027. According to a ministry…

Egyptian President Abdel Fattah Al-Sisi reviewed plans to expand domestic shipbuilding capabilities and develop the Suez Canal Authority’s maritime fleet, calling for greater localisation of marine vessel manufacturing to meet domestic demand and boost exports. According to a statement from the presidency, Al-Sisi met Suez Canal Authority Chairperson Osama Rabie…

Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that the board of the National Veal Project has approved new financing worth EGP 499.415m for 372 beneficiaries, including small-scale breeders and young graduates, to raise and fatten 7,137 head of livestock. The financing comes within the framework of the presidential…

Ahmed Rostom, Minister of Planning and Economic Development, met with Haythham El Maayergi, Executive Vice President of the African Export-Import Bank (Afreximbank), to discuss advancing bilateral cooperation and supporting Egypt’s entrepreneurship ecosystem. The meeting was attended by Amr El Abd, Adviser to the Prime Minister for Entrepreneurship; Heba Zaki, Director…

Egypt’s Ministry of Water Resources and Irrigation said preliminary water quality tests showed the environmental impact of a barge sinking at the East High Dam Port on Lake Nasser was limited and confined to the immediate area of the incident, while monitoring efforts continue. The ministry said in a statement…

Egyptian diagnostics provider Al Mokhtabar has launched a fully automated Sysmex Blood Science Track haematology line at its central Mega Lab facility, automating 100% of its haematology laboratory processes. The new equipment expands the laboratory’s haematology capacity to over 1,000 tests per hour and guides samples through testing stages with…