Ahmed Rostom, Minister of Planning and Economic Development, said Egypt’s economic policy is shifting towards a competitive, private sector-led growth model aimed at translating economic stability into a production and export boom while creating decent job opportunities. He revealed that the private sector accounts for approximately 80% of Egypt’s gross domestic product (GDP), represents 60.8% […]
Egyptian Prime Minister Moustafa Madbouly witnessed the signing of two major hotel management agreements with international hospitality operators at the government headquarters in the New Administrative Capital, reflecting growing domestic and foreign investment in the country’s tourism sector. The agreements will bring international hotel brands to key destinations across Egypt, supporting the National Tourism Strategy’s […]
Israel is pursuing a broadly consistent strategy along its northern front in both Syria and Lebanon. At its core, this strategy seeks to exploit the political and military vulnerabilities confronting both countries in order to impose a new geopolitical and security reality, establish demilitarised zones or areas under its influence, and provide additional strategic depth […]
The Republicans’ loss of control of both chambers of Congress in the 2026 midterm elections was more than a political setback for President Donald Trump. It exposed a fundamental shift in the political environment in which he will have to govern during the final two years of his presidency. Beginning in January 2027, Trump will […]
France is blaming Iran for last month’s supermarket refrigerator cyberattack, which spoiled produce at around 700 retailers, and is vowing to slap sanctions on Tehran in response. “This was an attack of unprecedented scale and unprecedented aggressiveness,” Foreign Minister Jean-Noël Barrot told reporters Monday. He described it as the first large-scale cyberattack carried out for …
It remains unlikely that President Donald Trump would ever sign off on giving millions of undocumented immigrants a path to legal status. But after a brutal 2026 election for Republicans, he’s talking about it again. And it’s setting off a major — and seemingly unnecessary — backlash in his base at about the worst possible …
Footage exclusively obtained from Ukrainian authorities and analyzed by CNN reveals new details of how Russia struck an underground shelter in southeastern Ukraine with a massive bunker-busting bomb. The November 2 attack on a village in southern Ukraine killed more than 50 people, becoming the deadliest Russian strike on Ukraine in 2026 and among the …
Deep into President Donald Trump’s news conference Monday, it became obvious why he’s so adamant in backing Defense Secretary Pete Hegseth amid an impeachment storm. Ultimately, Trump is defending himself. To jettison the former Fox News anchor now would be to admit that the Iran war — of which Hegseth is the administration’s most vehement …
The recent circulation of videos showing a massive whale near Umm Qamar Island, north of Hurghada, has renewed interest in what types of whales inhabit the Red Sea—a range stretching from the Gulf of Aqaba in the north, past Hurghada, Safaga, and Quseir, down to the areas of Shalateen and Abu Fandira in the south. …
In response to the prevalence of stray dogs on across Egypt’s streets, the Cairo Governorate has officially announced new measures to humanely address the issue through scientific means. These efforts aim to protect citizens and mitigate health risks, while ensuring that animals are not harmed or subjected to arbitrary, unorganized handling. The inauguration of a …
Drive Finance, a subsidiary of GB Capital and the non-bank financial services arm of GB Corp, has completed an EGP 1.5bn bond issuance with a maturity of 13 months, the company announced. The issuance is a key pillar of Drive Finance’s strategy to diversify its funding sources, strengthen its capital structure and sustain expansion across […]
Egypt’s Minister of Communications and Information Technology Raafat Hendy delivered Egypt’s address to the plenary session of the International Telecommunication Union’s Plenipotentiary Conference (PP-26) in Doha, where he announced that Egypt is renewing its candidacy for a seat on the ITU Council representing Africa. Hendy spoke in the presence of ITU Secretary-General Doreen Bogdan-Martin, alongside […]
Two ministers and the governor of Cairo on Monday opened the capital’s first shelter for stray dogs, a 5,000 sq m site east of the Autostrad road in El Tebbin, south of the city. Manal Awad, minister of local development and environment, Agriculture Minister Alaa Farouk and Cairo Governor Ibrahim Saber toured the facility alongside […]
Mohamed Abou Bakr, Chairperson of the Arab Organization for Industrialization (AOI), received Gildas Agonkan, Minister Delegate to the President of Benin in charge of National Defence, and his accompanying delegation to discuss ways to strengthen bilateral cooperation and leverage the AOI’s advanced industrial capabilities to meet Benin’s needs in development projects, defence and security industries, […]
Egypt’s Ministry of Tourism and Antiquities is using augmented reality (AR) and artificial intelligence (AI) to recreate the fifth-century architecture and spiritual heritage of the historic Abu Mena archaeological site and Saint Mina Monastery in Alexandria. During a meeting chaired by Minister of Tourism and Antiquities Sherif Fathy, ministry officials met with a delegation led […]
Egypt’s Minister of Investment and Foreign Trade Mohamed Farid met executives from France’s Salins Group at the ministry’s headquarters in Cairo to discuss the company’s plans to expand its business in Egypt. Farid met Benjamin Duchesne, general manager of Marine Salt Trading Cie, a Salins Group subsidiary, and export manager Gaëlle Doussard, in the presence […]
Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from Advanced Engineering Consultants (ADVEC), a company specialising in energy management, renewable energy integration and electricity grid solutions, headed by CEO Ahmed Salam. The meeting was attended by Ali Abdel Fattah, Chairperson of the Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA). […]
Minister of Investment and Foreign Trade Mohamed Farid met with Adeeb Yousuf Al-Aama, CEO of the International Islamic Trade Finance Corporation (ITFC), and an accompanying delegation to discuss ways to strengthen cooperation in export financing, start-up support, investment zone development, and the use of technology and artificial intelligence to promote foreign trade. The meeting formed […]
Egyptian Prime Minister Mostafa Madbouly met ministers and officials on Monday to review progress on overhauling Egypt’s scheme for settling certain building violations and legalising the properties concerned, following instructions issued by President Abdel Fattah al-Sisi at the Egypt Forum 2026. The meeting was attended by Manal Awad, minister of local development and environment; Alaa […]
Egyptian President Abdel Fattah Al-Sisi on Monday called for sustained efforts to bring down inflation and public debt, increase foreign currency inflows and maintain sufficient foreign exchange reserves to cover the country’s strategic import needs. Al-Sisi issued the directives during separate meetings with Prime Minister Mostafa Madbouly, Central Bank of Egypt (CBE) Governor Hassan Abdalla […]