US Embassy marks 70th anniversary of American Center Cairo
US Ambassador to Egypt Herro Mustafa Garg has marked the 70th anniversary of the American Center Cairo (ACC) and officially launched America250, a year-long commemoration of the 250th anniversary of the United States’ independence. The ACC, established in 1955, has
Cairo pledges support for AngloGold Ashanti to accelerate Sukari mine operations
Egypt has “ambitious plans” to increase gold production at the Sukari mine and will support operator AngloGold Ashanti in accelerating operations to meet these targets, Prime Minister Moustafa Madbouly said on Sunday. During a meeting with company executives at the
FABMISR posts 8% net profit growth in M9 2025 after neutralising FX impact
First Abu Dhabi Bank Misr (FABMISR), one of Egypt’s largest banks, announced its financial results for the first nine months of 2025, reporting solid growth across key performance indicators. The bank achieved an 8% increase in net profit after neutralising
Egypt steps up efforts to boost domestic poultry production ahead of Ramadan
Agriculture and Land Reclamation Minister Alaa Farouk, Supply and Internal Trade Minister Sherif Farouk, and Bahaa El-Ghanam, head of the Future of Egypt Authority for Sustainable Development, held an expanded meeting with the General Union of Poultry Producers, major sector
Al-Sisi orders rollout of second tax facilitation package, accelerated customs overhaul
Egypt’s President Abdel Fattah Al-Sisi on Sunday instructed the government to launch the second phase of tax facilitation measures aimed at encouraging voluntary compliance and easing the burden on taxpayers, the presidency said following a meeting with Prime Minister Mostafa
Egypt trains Palestinian police for future Gaza deployment as ceasefire tensions escalate
Tensions over the future of the Gaza ceasefire are rising as Palestinian authorities accuse Israel of widespread violations and several countries hesitate to join a proposed international security force, even as the humanitarian situation deteriorates and casualty figures continue to
CBE to Offer $950m Treasury Bills on Monday
The Central Bank of Egypt (CBE) will on Monday offer a local Treasury bill auction denominated in US dollars, valued at $950m, with a tenor of 364 days, maturing on 1 December 2026. The proceeds of this auction will be
Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch
A comprehensive tourism master plan for the area surrounding the Giza Pyramids aims to significantly increase hotel room capacity by 2040 to accommodate the expected influx of visitors to the Grand Egyptian Museum (GEM), Minister of Housing Sherif El-Sherbiny said
Egypt, EU launch Research, Innovation Week to mark 20 years of cooperation
Egypt and the European Union inaugurated the “Egypt–EU Research and Innovation Week” on Sunday to celebrate the 20th anniversary of their science and technology cooperation agreement, with senior ministers and EU officials highlighting the role of research partnerships in addressing
Egypt proposes strategic corridor linking Suez Canal zone with Pakistan’s Gwadar port
Egypt has proposed establishing a commercial corridor linking the Suez Canal Economic Zone (SCZONE) with Pakistan’s Gwadar Port, Foreign Minister Badr Abdelatty said on Sunday, as Cairo seeks to expand its logistics footprint in South Asia. During a meeting with