Al-Sisi reviews Egypt’s financial performance, FY 2025/26 budget goals
President Abdel Fattah Al-Sisi met with Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk on Sunday to discuss the state’s financial performance indicators and the key features and targets of the upcoming fiscal year (FY) 2025/26 budget. The new
Housing Ministry to facilitate real estate funds in Egypt to attract foreign investment
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny stated that the ministry is continuously working to develop the real estate sector to drive economic growth and provide suitable housing opportunities for citizens. This effort includes future strategies to enhance
Hamas: ‘complete flexibility’ to reach Gaza deal 2nd phase
“We are demonstrating complete flexibility to reach the second phase of the Gaza agreement while upholding all of its terms,” said Taher El-Nounou, media advisor to the head of Hamas’s political bureau, in response to potential pressure from US envoy
Deputy PM discusses mechanisms, regulations for organizing industrial development
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, convened a comprehensive meeting with Mahmoud Esmat, Minister of Electricity and Renewable Energy, Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, and a group of
ECA hosts EU delegation to discuss national competition strategy
The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors. The delegation, headed by Annika Eriksgaard, Head of the Directorate-General
CIB’s Hisham Ezz Al-Arab receives Global Finance Lifetime Achievement Award
Global Finance has awarded Hisham Ezz Al-Arab, Chairperson and CEO of Egypt’s Commercial International Bank (CIB), its Lifetime Achievement Award. The award is the publication’s highest individual honour. Joseph D. Giarraputo, Founder and Editorial Director of Global Finance, said Ezz
France, Germany, Italy, and UK back Egypt’s Gaza reconstruction plan
The foreign ministers of France, Germany, Italy, and the UK expressed their support on Saturday for the Egyptian plan on Gaza, which was endorsed at the emergency summit in Cairo earlier this week and formally adopted by the Organization of
Egypt expresses concern over Syrian clashes, calls for for inclusive political process
Egypt has expressed its concern regarding the confrontations in Syrian Governorate of Latakia, which have resulted in a number of casualties and injuries, the Foreign Ministry said on Friday. In a statement, the Egyptian Ministry of Foreign Affairs affirmed its
Egyptians freed after months of RSF captivity in Sudan in coordinated operation with Sudanese Army
A group of Egyptian nationals, detained for months by Sudan’s paramilitary Rapid Support Forces militia (RSF), have been freed and returned home following a carefully coordinated operation involving Egyptian and Sudanese authorities. The development marks a significant diplomatic and security
Egypt, Armenia explore cooperation opportunities in health sector
Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, has met with Armen Sarkissian, Ambassador of Armenia to Cairo, along with his accompanying delegation, to discuss ways to strengthen collaboration in the health sector. Hossam Abdel Ghaffar,