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The US dollar surpassed EGP 55 against the Egyptian pound for the first time on Thursday, 22 October, with selling rates reaching EGP 55.37 at Egyptian banks by the close of business. The dollar’s selling rate reached EGP 55.35 at the National Bank of Egypt (NBE) and Banque du Caire, while Banque Misr listed it at EGP…
Russia attacked the Ukrainian capital of Kyiv in a massive missile attack overnight into Thursday, hours after President Vladimir Putin said the Kremlin was ready to resume trilateral peace talks next month. At the request of US special envoy Steve Witkoff during their three-hour meeting on Wednesday, Putin said he…
New York — A New Mexico judge ordered Meta to pay $25 billion after the company was found to have misled users about its privacy practices in a case related to the Cambridge Analytica scandal. The Wednesday ruling marks one of the largest-ever legal penalties for a tech giant — and just the latest court loss …
The relationship between Ukraine and the United States is facing increasing strain over intelligence sharing, sanctions, Ukrainian attacks on Russian energy and the path to peace. There also appears to be deepening mutual distrust between US President Donald Trump and Ukrainian leader Volodymyr Zelensky. Trump on…
French authorities promised a “massive” police presence for planned protests on Saturday and imposed localized curfews for a second consecutive night as the country grapples with the fallout from its worst rioting in years. The moves come after protests over education and the cost of living spiraled into a wave of…
Egypt’s Minister of Interior Mahmoud Tawfiq said on 21 October during the “Homeland and Citizen Security” session at Egypt Forum 2026 that the public has the right to know the results of investigations into complaints and videos shared on social media, stressing that the ministry seeks to balance transparency with the…
In a rare move, Washington has issued a high-level security warning for US citizens across 12 Middle Eastern nations, citing heightened risks of potential attacks targeting American interests. US embassies across the region released synchronized security alerts advising citizens in Israel, Saudi Arabia, Iraq, Lebanon…
Egyptian Minister of Water Resources and Irrigation Hani Sewilam stated that Cairo has exhausted all negotiation paths in the Grand Ethiopian Renaissance Dam (GERD) dispute. He emphasized that Egypt’s policy exercised patience and endurance, but found no response from Ethiopia that would lead to an agreement. Speaking…
Egypt strongly condemned the Wednesday evening attack on the King Fahd Airport in Dammam, Saudi Arabia. In an official statement published on its Facebook page, the Ministry of Foreign Affairs stated: “The Arab Republic of Egypt expresses its strongest condemnation and denunciation of the attack that targeted King…
Meteorological authorities have issued a warning regarding weather conditions during late-night and early-morning hours, as lower minimum temperatures are expected across all regions, alongside winds that will heighten the coldness. Authorities advised taking a jacket when going out during this time of the year…
Egyptian Prime Minister Mostafa Madbouly has warned that students’ inability to speak Arabic proficiently poses a serious challenge to Egypt’s national identity and national security, calling for greater attention to Arabic-language education in international schools. Speaking during the Egypt 2026 Forum on Monday…
Egyptian President Abdel Fattah Al-Sisi said on Wednesday that Egypt’s proposed military effort was aimed at defending Saudi Arabian territory and did not include an attack on Yemen, adding that Egypt would also defend the territory of any other Arab state if asked to do so. Al-Sisi said the purpose was to defend…
Egypt’s exports of chemicals and fertilisers to China surged 678% year on year to $287m during the first eight months of 2026, up from $37m in the same period last year, according to data from the General Organization for Export and Import Control (GOEIC). The strong performance has strengthened China’s position among…
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued a model agreement governing the relationship between brokerage firms and clients borrowing securities for sale, marking another step towards the anticipated official launch of short selling in Egypt. The move follows the introduction of a new…
Egypt is preparing to launch a major housing programme covering rental apartments, social housing and projects targeting middle-income households, Prime Minister Mostafa Madbouly said, adding that President Abdel Fattah Al-Sisi will announce the initiative as part of efforts to expand access to affordable housing…
The Central Bank of Egypt (CBE) hosted a training programme on incorporating climate risks into micro- and macro-level stress testing for central banks, with the participation of 25 representatives from 11 central banks in member states of the Common Market for Eastern and Southern Africa (COMESA), alongside a…
The Suez Canal Authority (SCA) held talks with German shipping company Hapag-Lloyd to strengthen cooperation and increase vessel transits through the canal, as the carrier monitors security developments in the Red Sea and considers gradually resuming additional services. Osama Rabie, Chairperson of the SCA, met with…
The Minister of Industry Khaled Hashem and Investment and Foreign Trade Minister Mohamed Farid held two expanded meetings with representatives of integrated and semi-integrated steel plants and rolling mills to discuss challenges facing companies amid global market conditions. The meetings reflect the government’s…
Egyptian actress Wafaa Amer has built a rich and varied career, establishing a lasting presence in the hearts of audiences through roles spanning historical, dramatic, and deeply human characters. Her work reflects an ability to move between different artistic traditions while choosing parts with psychological and…
President Abdel Fattah el-Sisi on Tuesday, 20 October, urged businessman Hisham Talaat Moustafa to help provide between 100,000 and 200,000 rental apartments, saying developers undertaking projects of such scale should also contribute to society. The exchange took place during a session on urban development at the…
Egyptians living overseas who have long queued at embassies to renew documents now can use an smartphone application to initiate consular transactions and track their progress. Egypt’s Foreign Ministry said on Wednesday, 21 October, that it had began testing an app called “Masri Bel Kharig,” or Egyptian Abroad, began…
Egypt has reached an agreement worth EGP 11 trillion (USD 202 billion) with the Talaat Moustafa Group to develop four major mixed-use projects. The deal was announced on the sidelines of the “Urban Development” session on the second day of Egypt Forum 2026 on Tuesday, 20 October, as President Abdel Fattah el-Sisi…
The pointed arches that rise over Notre-Dame Cathedral in France and Canterbury Cathedral in England may owe part of their lineage to a ninth-century mosque beside the Nile, according to Diana Darke, an Oxford-educated Arabist. Egyptian and Mamluk architecture reached Europe in two distinct waves over the years…
In a recorded message at the Egypt Forum 2026 on Monday, 19 October, in the presence of President Abdel Fattah El-Sisi, the Egyptian comedian Bassem Youssef warned that online arguments are damaging relationships between Arab communities. The message aligns with one of Egypt Forum’s core themes, which is countering…