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Opinion | Egypt at the Heart of the Global Tourism Industry

Egypt’s participation in international tourism exhibitions is no longer simply an opportunity to showcase its tourism assets or promote its diverse destinations. It has become part of a much broader strategic effort to strengthen Egypt’s position on the global tourism map and enhance its ability to help shape the…

Opinion | Ethiopia’s Illusions

Would possessing 12 Su-35 fighter jets and four S-400 air defence batteries be enough for Ethiopia to alter the balance of power in the Horn of Africa or the Red Sea—even if those numbers were doubled? Some may argue that Russia’s direct involvement alone would be sufficient to bring about such a shift. The reality,

Adeer International, partners target $2bn in hospitality investments in Egypt

Adeer International, the global investment arm of Saudi Arabia’s Sumou Holding Group, has formed a strategic alliance with Hassan Allam, MIDAR for Investment and Urban Development, and Sumou Investment to develop hospitality projects in Egypt, with planned investments of approximately $2bn. The alliance is part of…

Egypt discusses local production of ultrasound, mobile X-ray devices with Samsung

Egyptian Health Minister Khaled Abdel Ghaffar discussed plans with Samsung Electronics to explore the local production of medical imaging equipment, alongside upgrades to healthcare facilities and digital training infrastructure, during a visit to South Korea. The Ministry of Health said the discussions included a…

Al-Sisi, Slovenian president discuss bilateral ties, regional developments

Egyptian President Abdel Fattah Al-Sisi on Tuesday urged the United States and Iran to show “the greatest possible flexibility” and reach a political understanding to resolve the current crisis, warning that renewed military operations could have severe humanitarian and economic consequences for the region and the…

FRA hosts Omani delegation to strengthen regulatory cooperation, exchange expertise

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, received a delegation from Oman’s Financial Services Authority (FSA), headed by its Executive Vice-President, Ahmed bin Ali Al-Maamari, and comprising officials responsible for financial supervision and stability, disclosure, trading surveillance and…

Egypt seeks to simplify procedures to help businesses access international markets

Ahmed Rostom, Minister of Planning and Economic Development, said Egypt is working simultaneously to simplify domestic procedures and strengthen its international negotiating and legal capabilities to help shape more development-oriented trade rules. These efforts aim to enable Egyptian businesses to benefit from such…

Egypt and Romania seek deeper maritime, energy ties on 120th diplomatic anniversary

Egyptian Foreign Minister Badr Abdelatty and newly appointed Romanian Foreign Minister Dan Neculaescu discussed enhancing bilateral economic, energy, and maritime transport cooperation during a phone call on Tuesday, as the two nations mark 120 years of diplomatic ties. The call focused on developing joint cooperation…

Egypt partners with Right to Dream academy to launch national football talent programme

Egypt’s Ministry of Youth and Sports has partnered with the Right to Dream academy to establish five regional development centres and launch a national programme for discovering and nurturing football talent. Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk attended the signing of the cooperation…

African tax bodies must unite to face global challenges, Egypt finance minister says

African tax administrations must unite and adopt smart technological applications to boost domestic resources and confront international economic challenges, Egyptian Finance Minister Ahmed Kouchouk said during the African Tax Administration Forum (ATAF) annual meetings. Speaking at the gathering in Cairo, Kouchouk…

Egypt FM pushes for Middle East de-escalation in talks with Qatar and Iraq

Egyptian Foreign Minister Badr Abdelatty held talks with his Qatari and Iraqi counterparts on Tuesday, urging intensified diplomatic efforts and flexibility to prevent the Middle East from slipping into a broader military confrontation. In a phone call with Qatari Prime Minister and Foreign Minister Sheikh Mohammed…

Madinaty Golf Club to host top stars for 2026 World Golf Awards on Nov 7

Madinaty Golf Club will host the 13th annual World Golf Awards on November 7, marking the first time the prestigious ceremony takes place in Egypt and on the African continent. The World Golf Awards is recognized as one of the premier global organizations celebrating excellence in golf tourism and course design. The…

Egypt advances construction of 341km railway linking Bir al-Abd, Arish and Taba

Egypt is accelerating construction of a 341-kilometre railway line linking Bir al-Abd, Arish and Ras El-Naqab, near Taba Airport, as part of a broader project to extend the national railway network across Sinai and support economic development in the peninsula. Transport Minister Kamel Al-Wazir inspected construction…

Egypt’s Banque du Caire debuts on EGX after largest IPO in market history

Shares of Banque du Caire (BDC) began trading on the Egyptian Exchange (EGX) main market on Monday following a record EGP 36.37bn initial public offering (IPO), the largest in the history of the country’s capital market. The offering comprised 6,862,500,000 shares, representing 45% of the bank’s total 15,250,000,000…

Egypt to cut government spending, boost strategic reserves amid regional tensions

Egypt is increasing its strategic commodity stockpiles and drafting a comprehensive plan to rationalise government spending to mitigate the potential economic impact of escalating regional geopolitical tensions. Prime Minister Mostafa Madbouly outlined the measures during a meeting of the Central Crisis Management…

Egypt, Austria discuss cooperation in water, wastewater projects

Egypt’s Housing Minister Randa El-Menshawy met with Austrian Ambassador to Cairo Georg Pöstinger and representatives of Austrian companies to discuss opportunities to expand cooperation in drinking water and wastewater infrastructure. The meeting brought together executives and representatives of Austrian companies…

New dinosaur species identified in Britain 25 years after fossil discovery

More than 25 years after its fossilised remains were discovered in a clay quarry in southern England, researchers have identified a new genus and species of herbivorous dinosaur that lived approximately 125 million years ago in what is now Surrey, Britain. The discovery highlights how fossils preserved in museum…

Birdsong shares surprising similarities with human speech, music

Scientists have long recognised that some songbirds produce sounds with patterns resembling human speech and music. However, the reasons behind these similarities have remained unclear. A study published in Science on 29 October has now found that speech-like and musical patterns are widespread among birds, including…

Egypt plans 1,000MW solar capacity to power 7,000 factories

Egypt plans to establish solar power plants with a combined capacity of 1,000 megawatts to supply around 7,000 factories under the “Shams El-Senaa” initiative, as the government seeks to expand renewable energy use and reduce electricity costs for industrial facilities. Prime Minister Mostafa Madbouly reviewed the…

Updated real estate tax mobile app to launch soon: Minister

Finance Minister Ahmed Kouchouk said an updated version of the Real Estate Tax mobile application would be launched soon to make tax services more accessible to citizens, stressing that tax incentives and facilitation measures were part of an ongoing process rather than a one-off package. Speaking at the annual…

Egypt signs $1bn World Bank financing agreement under second phase of reform programme

Egypt has signed a $1bn financing agreement with the World Bank under the second phase of its Development Policy Financing (DPF) programme to support economic reforms, strengthen resilience to external shocks and advance the country’s green transition. Prime Minister Mostafa Madbouly witnessed the signing ceremony at…

Egypt’s chemical industries, fertiliser exports jump 34% to $9.54bn in 9M 2026

Egypt’s exports of chemical industries and fertilisers rose by 34% year on year to $9.54bn in the first nine months of 2026, compared with $7.14bn in the same period last year, according to the Chemical and Fertilisers Export Council. The sector generated an additional $2.4bn in export revenues between January and…

Industry minister reviews digital manufacturing capabilities at AOI

Egypt’s Industry Minister Khaled Hashem visited the Digital Manufacturing Centre (DMC) at the Arab Organization for Industrialization’s (AOI) Engine Factory in Helwan to assess its production capabilities and potential to expand the local manufacturing of industrial components, spare parts and equipment. The visit is…

Al-Sisi launches month-long African initiative on post-conflict reconstruction

Egyptian President Abdel Fattah Al-Sisi on Sunday announced the launch of the sixth African Union commemoration of post-conflict reconstruction and development, which will be extended for the first time to a full month throughout November, while calling for increased financing for recovery programmes and projects…

Everest Properties to invest over EGP 10bn in two New Cairo office projects

Everest Properties plans to invest more than EGP 10bn in two new office developments in New Cairo, expanding its commercial real estate portfolio as it seeks to strengthen its presence in the Egyptian market. The company is preparing to begin construction of Bureau 59 and Bureau 57 after obtaining the required…

EBRD backs $265m financing for ADD Properties’ Grand Hyatt hotel in Giza

ADD Properties, a member of Sami Saad Holding, has secured a $265m syndicated financing facility from international, regional and Egyptian financial institutions to support its investment plans, including the development of a 400-room Grand Hyatt hotel overlooking the Grand Egyptian Museum and the Pyramids of Giza…

Egypt Real Estate Platform targets five-minute website creation for developers, brokers

The Official Egyptian Real Estate Platform aims to enable property developers, marketing companies and brokers to create professional, branded websites within five minutes, as part of a broader digital system designed to connect property listings, manage customer data and expand the international marketing of Egyptian…

Uptown 6 October partners with UK group to develop EGP 6bn outlet mall

Uptown 6 October for Development and Investment has signed a strategic memorandum of understanding (MoU) with UK-based Fashion House Group (FHG) to develop and operate Fashion House International Outlet Egypt at Grand Uptown Mall (GUM) in New October City, with planned investments exceeding EGP 6bn. The project is…

Egypt’s real estate sales hit EGP 1.048trn in nine months

Egypt’s real estate market recorded contractual sales of approximately EGP 1.048trn during the first nine months of 2026, covering around 64,500 residential, commercial and administrative units. Greater Cairo and the North Coast accounted for nearly three-quarters of total sales, according to a Property Intelligence…

Egypt introduces first-come, first-served system for investment land allocation

Egypt’s Ministry of Housing has introduced a new first-come, first-served mechanism for allocating investment land to eligible local and foreign companies, allowing them to secure plots through full payment in US dollars transferred from abroad. Housing Minister Randa El-Menshawy said the mechanism will take effect…

Shell Lubricants to supply fluids for BYD vehicles in Egypt under MANDREAM deal

Shell Lubricants Egypt (SLE) has agreed to supply specialised oils and fluids for BYD vehicles, including new energy vehicles (NEVs), in a partnership with MANDREAM, the sole authorised importer and distributor of the automaker in Egypt. The agreement expands Shell’s presence in the growing NEV market, allowing the…

Egypt’s medicinal, aromatic plant exports reach $852m in 2025

Egypt’s exports of medicinal and aromatic plants and related products reached around $852m in 2025, Agriculture Minister Alaa Farouk said on Saturday, as the government seeks to expand local processing and increase value added across the sector. Farouk made the remarks at the opening of the fifth Medicinal and…

Eye institute handles 12,085 emergency cases, performs 411 surgeries through September

Health Minister Khaled Abdel Ghaffar inspected upgraded departments at the Memorial Institute for Ophthalmic Research and Al-Galaa Teaching Hospital on Saturday to review renovation works, medical equipment and the quality of healthcare services. The Ministry of Health said the ophthalmic institute had received 12,085…

IDA streamlines industrial building permit procedures from 1 November

The Industrial Development Authority (IDA) will introduce a new mechanism, in coordination with the Egyptian Insurance Pool for Civil Liability against Construction Risks (the Decennial Insurance Pool), to simplify procedures and accelerate the issuance of building permits for industrial facilities, effective November…

Opella and EOP launch pharmacy programme to advance allergy self-care in Egypt

Opella and the Egyptian Organization of Pharmacy, Development and Training (EOP) have launched an educational initiative to train pharmacists in managing air pollution-aggravated allergies, aiming to reach approximately 50,000 people in Egypt by the end of 2026. The organisations signed a memorandum of understanding…

Egypt’s FM calls for early-warning mechanism to safeguard regional security

Egyptian Minister of Foreign Affairs and Expatriates Badr Abdelatty said on Saturday that Gulf security was an integral part of Egypt’s national security, calling for a regional early-warning and rapid-response system to prevent crises rather than simply manage them after they erupt. Abdelatty made the remarks during…

Egypt explores expansion of Qatar’s Al Mana Group investments

Mohamed Farid, Minister of Investment and Foreign Trade, met with Abdelaziz Mohammed Hamad Al Mana, Chairperson of Qatar’s Al Mana Holding Group, in Doha on the sidelines of his participation in the World Investment Forum, organised by the United Nations Conference on Trade and Development (UNCTAD). The meeting…

Banks to review savings, lending rates following CBE’s 1% rate hike

Banks operating in the Egyptian market will begin reviewing interest rates on their savings products and loan offerings on Sunday, following the Central Bank of Egypt’s (CBE) decision last Thursday to raise key interest rates by one percentage point. The increase brought the overnight deposit rate to 20%, the…

CBE rate hike aims to sustain disinflation, ensure 2027 inflation target is met

The Central Bank of Egypt (CBE) said its decision to raise interest rates by one percentage point was a pre-emptive measure aimed at sustaining the downward trajectory of inflation and ensuring that it reaches the target of 7% (±2 percentage points), on average, in the fourth quarter of 2027. The CBE’s Monetary Policy…

Japanese Ambassador presents FM’s Commendation to Mohamed Abdel Moneim El-Sawy

Japanese Ambassador to Egypt Iwai Fumio hosted a ceremony at his residence on 27 October to present the 2026 Commendation of Japan’s Minister for Foreign Affairs to Mohamed Abdel Moneim El-Sawy, founder and director of the Abdel Moneim El-Sawy Culturewheel. Announced on 1 October, the commendation recognises…

Mexican Embassy unveils ‘When the Moon Sighs’ mural at Al Horreya Garden

The Embassy of Mexico in Egypt inaugurated a new mural titled “When the Moon Sighs” at Al Horreya Garden in Cairo on 29 October 2026, bringing together Mexican and Egyptian artists in a celebration of cultural exchange and friendship. Héctor Ortega, Chargé d’Affaires of the Embassy of Mexico, attended the unveiling…

Mexican Embassy in Egypt marks Day of the Dead with ‘Echoes of Eternity’ exhibition

The Embassy of Mexico in Egypt celebrated the Day of the Dead with the opening of “Echoes of Eternity”, an artistic installation inspired by the Mexican ofrenda (altar) tradition, in which offerings are arranged to honour the memory of the departed. Visual artist Roberto Jiménez, from the Mexican state of Oaxaca…

Pakistan’s Embassy in Cairo marks Kashmir Black Day

The Embassy of Pakistan in Cairo observed Jammu and Kashmir Black Day on 27 October, commemorating nearly eight decades since Indian forces landed in Srinagar on 27 October 1947. Addressing the commemorative event, speakers from various backgrounds, including journalists, academics and students, condemned what they…

Shell, Al Ahly Football Company renew partnership for another four years

Shell Lubricants Egypt and Al Ahly Football Company have renewed their strategic partnership for a further four years under the Shell Rimula brand, extending a collaboration that has lasted more than 12 years. The renewal marks a new phase in one of Shell Lubricants Egypt’s longest-running sports partnerships…

Industry minister reviews Arab International Optronics’ manufacturing capabilities

Egypt’s Minister of Industry Khaled Hashem inspected the facilities of Arab International Optronics (AIO), reviewing its manufacturing capabilities and technological solutions supporting infrastructure, energy and smart city projects. During the visit, Hashem toured the company’s factories and production lines…

Egypt’s FM holds talks with Saudi, UAE counterparts to prevent regional escalation

Egyptian Foreign Minister Badr Abdelatty held separate phone calls on Tuesday with Saudi Foreign Minister Prince Faisal bin Farhan and UAE Foreign Minister Sheikh Abdullah bin Zayed as Cairo intensified diplomatic contacts aimed at containing regional tensions and preventing further escalation. Abdelatty discussed…

CBE expected to hold interest rates for sixth consecutive meeting

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its seventh scheduled meeting of the year on Thursday to decide on its key policy interest rates, a major indicator of the direction of short-term interest rates on the Egyptian pound, amid strong expectations that rates will remain unchanged…

Egypt’s Al-Sisi arrives for Russia-Africa Summit as Putin targets $50 bn trade

Moscow – Egyptian President Abdel Fattah Al-Sisi arrived in Moscow on Wednesday to lead his country’s delegation at the third Russia-Africa Summit, where Russian President Vladimir Putin outlined plans to double bilateral trade with the continent to $50 bn. Al-Sisi is scheduled to hold bilateral talks with Putin and…

Beyti invests over EGP 7bn in Egypt, plans EGP 8.7bn spending by 2027

Beyti has invested more than EGP 7bn in Egypt and has an investment plan worth EGP 8.7bn for 2025-2027, the company announced, highlighting its contribution to local manufacturing, employment and sustainable economic development. The company provides around 6,000 direct jobs and 19,000 indirect jobs, exports to more…

GIZ, Nahdet El Mahrousa graduate 12 green scaleups at GreenShift Summit 2026

Nahdet El Mahrousa (NM), the first incubator for early-stage social enterprises in Egypt and the Middle East, hosted the GreenShift Summit on Tuesday, 27 October, bringing together more than 150 industry leaders, policymakers, investors, development partners and entrepreneurs to discuss how promising green businesses…

Egypt seeks Japanese investment in airport development projects

Egypt’s Minister of Civil Aviation Sameh Elhefny discussed opportunities for Japanese companies to participate in the development of Egyptian airports, including a programme to offer several airports to the private sector for management, operation, and development, in cooperation with the International Finance…

Egypt’s per-capita water share falls to 472 cubic metres annually: Sewilam

Egypt’s per-capita water availability has fallen to around 472 cubic metres a year, Water Resources and Irrigation Minister Hani Sewilam said, as the government expands the use of technology in water management and prepares to establish an electronic monitoring network to track saltwater intrusion along the…

Irrigation minister discusses water priorities ahead of 2026 UN conference

Egyptian Minister of Water Resources and Irrigation Hani Sewilam discussed coordinating positions and priorities on global water issues with Mediterranean Water Institute President Alain Meyssonnier ahead of the 2026 United Nations Water Conference. The meeting took place on the sidelines of the ninth Cairo Water Week…

Property Exit launches in Egypt to offer real estate resale, investment solutions

Property Exit, a platform specialising in real estate investment and exit solutions, has officially launched in Egypt with the support of Gateway Financials, a consultancy firm specialising in feasibility studies, investment advisory and asset valuation. The platform aims to provide buyers, investors and property…

IDWS 2026 Brings the World Together to Accelerate the Deployment of Water Solutions

Jeddah – Jeddah is preparing to host the fifth edition of the Innovation-Driven Water Sustainability Conference (IDWS 2026) from 14 to 16 December 2026. The conference aims to accelerate the transition of water solutions from research and development to real-world deployment, while connecting innovators with investors…

Egypt seeks to expand exports to Africa as intra-African trade reaches $214bn

Egypt is seeking to expand its exports to African markets by diversifying destinations, strengthening commercial partnerships and improving access for Egyptian products, Industry Minister Khaled Hashem said. Speaking at “Scaling Egypt’s Industrial Champions” forum organised by the American Chamber of Commerce in Egypt…

Egypt’s FM discusses water security, development financing with UN, EIB officials

Egyptian Foreign Minister Badr Abdelatty held separate meetings in Cairo on Tuesday with UN Special Envoy on Water Retno Marsudi and European Investment Bank (EIB) Vice-President Gelsomina Vigliotti to discuss water security, preparations for the 2026 UN Water Conference and expanded development financing in Egypt…

Al-Sisi reviews plan to raise renewables share to 45% by 2028

President Abdel Fattah Al-Sisi on Tuesday reviewed plans to raise renewable energy’s share of Egypt’s electricity mix to 45% by 2028, bringing forward and increasing the previous target of 42% by 2030. The plans also cover battery storage, green hydrogen, desalination and the local processing of black-sand minerals…

Investment minister, WTO chief discuss measures to boost Egyptian exports

Mohamed Farid, Minister of Investment and Foreign Trade, met with Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), on the sidelines of the 2026 World Investment Forum in Doha, Qatar. The meeting was attended by Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI)…

Egypt works with World Bank Group on investment promotion strategy: Minister

Mohamed Farid, Minister of Investment and Foreign Trade, said Egypt is working with the World Bank Group to develop an investment promotion strategy aimed at directing foreign investment towards productive activities that boost exports, expand manufacturing and strengthen links with domestic industries. Farid made the…

Egypt studies industrial projects in Africa to expand regional integration

Egypt is studying the establishment of several industrial projects in African countries as part of efforts to strengthen regional industrial integration, expand intra-African trade and develop pharmaceutical and agro-processing value chains, Minister of Industry Khaled Hashem said. Speaking at the opening of a forum…

Opinion | Ilhan Omar and Trump: A Test of American Democracy

The conflict between President Donald Trump and Democratic Representative Ilhan Omar has evolved beyond the recurring confrontation between a Republican president and one of his most outspoken critics in Congress. The latest escalation, involving a search of Omar’s Washington home followed by renewed demands from…

Opinion | The Arab Vote in Israel’s Knesset Elections

Israel’s elections are nearing their decisive moment. Yet the word “decisive” may be misleading, because what follows the announcement of the results could prove more difficult than the electoral process itself. The real struggle often begins the day after the votes are counted, when political parties confront the…

Tree rings, ice cores narrow timeline of Bronze Age Mesopotamia

For decades, historians of the ancient Near East have faced an awkward problem: they know the order in which many kings ruled, cities flourished and wars were fought, but not always exactly when those events happened. The uncertainty can amount to decades or even more than a century. Now, researchers say clues…

Ancient Egyptian cat skulls reveal injuries, disease before mummification

More than two thousand years ago, cats destined to become sacred offerings were kept near the ancient Egyptian cemetery of Beni Hassan. Some appear to have fought one another. Others suffered from disease, broken bones or violent blows from humans. And at least some of the animals may not have been bred there at all,

Chemical analysis uncovers new clues to ancient Egyptian embalming secrets

For thousands of years, the recipes used by ancient Egyptian embalmers have remained partly obscured by the chemical changes that affect preserved materials over time. Now, scientists have found molecular evidence suggesting that Aloe-derived substances may have been among the ingredients used in some ancient Egyptian…

Al-Sisi, Guterres discuss Gaza, UN reform and regional de-escalation

President Abdel Fattah Al-Sisi and UN Secretary-General Antonio Guterres discussed developments in Gaza and the West Bank, efforts to ease regional tensions, and conflicts in Sudan, Libya and the Horn of Africa during Guterres’ visit to Cairo, while also calling for reform of the United Nations and Security Council…

CBE, EIB discuss future cooperation, sustainable finance

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with Gelsomina Vigliotti, Vice-President of the European Investment Bank (EIB), during her visit to Egypt to discuss areas of cooperation, future partnership plans and issues of mutual interest. During the meeting, Abdalla praised the strategic…

Egypt elected to chair Arab Ministerial Water Council executive bureau

Egypt has been elected chair of the executive bureau of the Arab Ministerial Water Council for its current term, with Sudan selected as deputy chair, as Water Resources and Irrigation Minister Hani Sewilam participated in a series of meetings and events during the ninth Cairo Water Week. The executive bureau comprises…

EIB invests $37.5m in Tanmiya fund as it reaches $130m close

The European Investment Bank (EIB), through its development arm EIB Global, has invested $37.5m in Tanmiya Capital Fund II to expand access to growth capital for established small and medium-sized enterprises (SMEs) in Egypt. The investment was announced at a ceremony in Cairo attended by EIB Vice-President Gelsomina…

Industry Ministry to introduce ‘Qeema’ certificate to boost local industrial value

Egypt’s Ministry of Industry is developing a new “Qeema” (Value) certificate to assess the contribution of industrial products and manufacturers to the national economy and link incentives and benefits to their performance, Minister of Industry Khaled Hashem said. The proposed mechanism, which has precedents in other…