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Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.
Site URL: www.dailynewsegypt.com
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Posts: 62
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Arab African International Bank trains future CEOs with Harvard and MIT programmes
Published: September 28, 2026 19:08
Arab African International Bank (AAIB) has expanded its employee training framework over the past three years to prepare more than 3,000 staff members for future leadership roles and develop the next generation of CEOs, the bank said. The bank recently…
AngloGold Ashanti plans further investment in promising Egyptian mining sites
Published: September 28, 2026 17:37
President Abdel Fattah Al-Sisi said Egypt is seeking to expand its partnership with AngloGold Ashanti, operator of the Sukari gold mine, to cover exploration, technology transfer, and local supply-chain development, as the company announced plans for…
Egypt’s Finance minister targets Qatari energy and tourism investments during Doha talks
Published: September 28, 2026 17:23
The minister of finance stated he is seeking to increase Qatari investments in the energy and tourism sectors, while targeting more diverse financing tools to stimulate private investment in developmental projects. During a meeting with Qatari Minister of…
Egypt targets 6% mining contribution to GDP as 119 companies submit 403 offers
Published: September 28, 2026 17:18
Egypt is targeting an increase in the mining sector’s contribution to gross domestic product (GDP) to around 6% in the coming period as the government seeks to attract more investment, expand exploration and production, and increase the local value added…
Health ministry accelerates New Heliopolis Hospital project, raises capacity to 495 beds
Published: September 28, 2026 17:12
Health Minister Khaled Abdel Ghaffar has ordered an acceleration of work on the New Heliopolis Hospital project, which will increase the facility’s capacity from 424 to 495 beds, with a fixed timetable to be prepared for completing its equipment and…
Egypt cuts fuel consumption costs by EGP 70bn as grid losses fall to 17.6%: Minister
Published: September 28, 2026 17:10
Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat said electricity grid losses have declined to 17.6%, while measures to improve power generation efficiency have reduced fuel consumption by the equivalent of EGP 70bn over the past two…
Tourism is integrated industry, key driver of economic growth, investment: Deputy PM
Published: September 28, 2026 17:07
Deputy Prime Minister for Economic Affairs Hussein Eissa said tourism represents an integrated industry and a key driver of the national economy, given its pivotal role in generating foreign currency, attracting investment, creating jobs, and stimulating a…
NGOs channel EGP 12.714bn in financing during 2026: Minister
Published: September 28, 2026 17:03
Social Solidarity Minister Maya Morsi said financing channelled through NGOs during the current year has reached around EGP 12.714bn, while cumulative financing has exceeded EGP 52.5bn over the past 12 years. She added that the Fund for Supporting Projects…
Egypt-France Business Forum opens in Paris with participation of over 200 companies
Published: September 28, 2026 16:59
Minister of Investment and Foreign Trade Mohamed Farid opened the 2026 Egypt-France Business Forum on Monday at the Luxembourg Palace in Paris, home of the French Senate, with more than 200 Egyptian and French companies and institutions participating…
Restaurant technology evolving from support tool into business engine: Foodics
Published: September 28, 2026 16:50
Technology is taking on an increasingly central role in restaurant operations as businesses navigate a markedly more complex operating environment, according to Belal Zahran, Chief Revenue Officer at Foodics. In an interview with Daily News Egypt, Zahran…
Unilever Egypt expands factory capacity by 20% with new export-focused production line
Published: September 28, 2026 13:30
Unilever Egypt has inaugurated a new Sunsilk production line at its Mashreq Personal Care (MPC) Factory in 6th of October City, increasing the site’s annual production capacity by 20% to serve export markets. The expansion, which coincides with the…
Opinion | Building a pathway to peace: Working together to return Ukrainian children, detained civilians and prisoners of war
Published: September 27, 2026 22:24
Every morning at 9:00 a.m., Ukraine stops. Across cities in Ukraine, loudspeakers normally used to warn of incoming Russian air strikes broadcast the steady tick of a clock. City streets full of life fall silent. Traffic lights turn red. Cars stop. For one…
EGP 80bn allocated to support production, exports and entrepreneurship in 2026/27 budget: Minister
Published: September 27, 2026 18:54
Finance Minister Ahmed Kouchouk said concessional financing is being provided to companies through the Micro, Small and Medium Enterprise Development Agency (MSMEDA), stressing that the ministry’s role is to support economic activity and stimulate growth…
Egypt condemns Israeli escalation in West Bank, settler incursions into Al-Aqsa
Published: September 27, 2026 18:40
Egypt on Sunday condemned the continued Israeli escalation in the occupied West Bank, including repeated settler incursions into Al-Aqsa Mosque under Israeli police protection and restrictions on the movement of Palestinians. The Foreign Ministry also…
PM Madbouly, CBE governor discuss measures to strengthen financial, monetary stability
Published: September 27, 2026 18:02
Prime Minister Mostafa Madbouly met on Sunday with Central Bank of Egypt (CBE) Governor Hassan Abdalla as part of regular meetings to coordinate between the government and the central bank, follow up on priority economic issues and discuss mechanisms to…
Al-Sisi urges Orange to join second phase of digital health project
Published: September 27, 2026 17:57
Egyptian President Abdel Fattah Al-Sisi urged Orange Group to increase its investment in Egypt and explore participation in the second phase of the national digital health project, while expanding training programmes in artificial intelligence, cloud…
Opinion | Germany Through My Eyes: From Power to Reflection
Published: September 27, 2026 17:29
I returned from Munich a few days ago after participating, at UNESCO’s invitation, in a programme held in Salzburg, Austria, and Munich, Germany. Later this month, I will return to Germany for two weeks in Berlin, including a cultural diplomacy programme…
Egypt’s chocolate exports reach $251m in 2025, Saudi Arabia tops key markets
Published: September 27, 2026 17:20
Egypt’s exports of chocolate and other food preparations containing cocoa, classified under HS Code 180631, recorded strong growth in 2025, reaching around $251m, supported by rising external demand and the expansion of Egyptian products across…
Egypt Healthcare Authority plans initiatives to expand health cooperation across Africa
Published: September 27, 2026 17:14
The Chairperson of the Egypt Healthcare Authority, Ahmed El-Sobky, met with Mohamed Sherif, Assistant Foreign Minister for African Affairs, to discuss strengthening health and investment partnerships with African nations, leveraging Egyptian medical…
Qalyubeya completes handover of 639 of 703 Decent Life projects in Shibin Al-Qanater
Published: September 27, 2026 17:10
Qalyubeya has completed 639 of 703 projects being implemented under the first phase of the presidential Decent Life rural development initiative in Shibin Al-Qanater, with procedures under way to hand over the remaining projects and bring them into…
Egypt, Japan discuss strengthening tourism cooperation
Published: September 27, 2026 17:03
Egyptian Minister of Tourism and Antiquities Sherif Fathy met with the head of the Japan Tourism Agency (JTA) during his visit to Japan to participate in Tourism Expo Japan 2026, to discuss strengthening tourism cooperation and increasing tourist flows…
Egypt steps up efforts to boost oil, gas production, investment
Published: September 27, 2026 16:55
Planning and Economic Development Minister Ahmed Rostom and Petroleum and Mineral Resources Minister Karim Badawi held a meeting to review performance indicators for the petroleum sector and the latest developments in efforts to increase production and…
Golf drives new Egyptian tourism campaign with 20 international tournaments in 2026: Omar Hisham
Published: September 27, 2026 10:40
The Egyptian Golf Federation will host 20 international tournaments in 2026 as part of a campaign to promote sports tourism and support the national economy, the federation’s president said. Omar Hisham Talaat stated that the schedule comprises 11…
IMC, Corporate Stack Solutions sign pact to accelerate SME digitalisation
Published: September 26, 2026 19:14
The Industrial Modernisation Center (IMC) has signed a cooperation protocol with Corporate Stack Solutions, a company specialising in digital consulting and applications, to support the digital transformation of Egyptian industrial companies, particularly…
Egypt highlights 200,000-strong digital export workforce at DevOpsDays Cairo 2026
Published: September 26, 2026 18:39
Approximately 200,000 specialists are currently working in exporting digital services from Egypt to global markets, Minister of Communications and Information Technology Raafat Hindi said during the opening of the ninth DevOpsDays Cairo 2026 conference. …
Pandemic preparedness starts with resilient health systems: Minister
Published: September 26, 2026 18:32
Pandemic preparedness should go beyond preparing to respond when an emergency occurs and instead begin with building resilient health systems capable of maintaining essential services during crises, Egyptian Health Minister Khaled Abdel Ghaffar said. Abdel…
Suez Canal Economic Zone signs EGP 1bn contract for digital truck yard at Sokhna Port
Published: September 26, 2026 18:30
The General Authority for the Suez Canal Economic Zone (SCZone) has signed a contract worth over EGP 1bn with Nafeza Egypt Logistics Services to develop and operate a digitally managed truck yard at Sokhna Port. The signing ceremony was witnessed by…
Banks operating in Egypt post EGP 373.133bn net profit in H1 2026: CBE
Published: September 26, 2026 18:04
Banks operating in the Egyptian market recorded net profits of EGP 373.133bn in the first half (H1) of 2026, according to the Central Bank of Egypt (CBE). In a recently issued report, the CBE said banks recorded net interest income of EGP 567.872bn, while…
Egypt expands digital consular services, strengthens UN presence
Published: September 26, 2026 18:00
Foreign Minister Badr Abdelatty said Egypt is continuing to expand digital consular services and simplify procedures for citizens abroad, while seeking to strengthen the presence of Egyptian professionals across the United Nations and other multilateral…
Egypt targets 5.2% to 5.4% economic growth next fiscal year, planning minister tells S&P
Published: September 26, 2026 17:15
Egypt is targeting an economic growth rate of between 5.2% and 5.4% during the upcoming fiscal year, relying on private sector empowerment, an improved investment environment, and the economy’s capacity to create jobs, the minister of planning and economic…
Sovereign Fund of Egypt launches EGP 10bn industrial sub-fund, minister tells S&P
Published: September 26, 2026 17:12
The Sovereign Fund of Egypt has launched a sub-fund for industrial investment with an authorised capital of EGP 10bn and a paid-in capital of EGP 500m, the minister of investment and foreign trade said. Minister Mohamed Farid, who also chairs the…
Egypt to restructure Sovereign Fund’s role to attract private investment: Minister
Published: September 26, 2026 17:00
Egypt is developing a new operating model for The Sovereign Fund of Egypt (TSFE)) and its subsidiary funds to expand partnerships with the private sector and mobilise investment in priority sectors, Investment and Foreign Trade Minister Mohamed Farid said.…
Egypt to launch World Bank-partnered FDI strategy targeting 16 priority sectors
Published: September 26, 2026 16:37
Egypt will shortly launch a foreign direct investment (FDI) strategy in partnership with the World Bank targeting 16 priority sectors, marking a structural shift from general promotion to direct investor targeting, Minister of Investment and Foreign Trade…
CBE to decide on EGP interest rates Thursday amid expectations of fifth consecutive hold
Published: September 23, 2026 19:12
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its sixth scheduled meeting of the year on Thursday to decide on its key policy rates, a major indicator of the near-term direction of interest rates on the Egyptian pound, amid…
Egypt’s FM calls for diplomacy on Iran, discusses regional crises with UK security adviser
Published: September 23, 2026 18:59
Egyptian Foreign Minister Badr Abdelatty called for continued diplomatic efforts to contain escalation over Iran’s nuclear programme, while separately discussing increased British investment, trade, Sudan, Yemen, and maritime security with UK National…
Egypt’s PM champions two-state solution and Security Council reform at UN General Assembly
Published: September 23, 2026 18:53
NEW YORK, September 23 (Reuters) – Egyptian Prime Minister Mostafa Madbouly addressed high-level UN General Assembly summits on Wednesday, warning that the two-state solution faces “unprecedented challenges” and demanding urgent reform of the UN Security…
Egypt launches first locally developed industrial robot
Published: September 23, 2026 18:41
Egypt’s Minister of Industry Khaled Hashem witnessed the launch and handover of Egypt’s first industrial robot developed locally by Egyptian engineers and technology company Raed Bots. The robot was developed through cooperation between the Industrial…
Egypt targets greater investment, trade with Africa
Published: September 23, 2026 18:31
Egypt is seeking to increase investments by Egyptian companies in African markets while boosting exports and intra-African trade, Investment and Foreign Trade Minister Mohamed Farid said. Speaking at a business forum organised by the Egyptian Junior…
Adds Developments enters Egypt market with 220-feddan land bank
Published: September 23, 2026 18:24
Adds Developments has entered Egypt’s real estate development market with a land bank of more than 220 feddans across East and West Cairo, as the company prepares to launch its first project in East Cairo. The company said its entry into the Egyptian…
Egypt allocates over 300,000 sqm of industrial land under rent-to-own scheme
Published: September 23, 2026 18:11
The Industrial Development Authority (IDA) has announced the results of Egypt’s first offering of industrial land under a rent-to-own system, allocating more than 300,000 square metres of serviced industrial land to investors across eight industrial zones.…
ICT minister reviews Kemet Data Centre implementation plans with Intro Group
Published: September 23, 2026 18:06
Raafat Hindy, Minister of Communications and Information Technology, met with Sherif Abdel Fattah, board member of Intro Holding Group, and an accompanying delegation to follow up on implementation plans for the Kemet Data Centre project. The centre is…
Egypt, AUC launch climate leadership, water management training programme for Africa
Published: September 23, 2026 17:59
Egypt’s Ministry of Water Resources and Irrigation and the American University in Cairo (AUC) have signed an agreement to train African professionals in water management, climate-smart agriculture, and the water-energy-food-ecosystems (WEFE) nexus through…
Planning minister discusses infrastructure financing guarantee mechanism with World Bank, international institutions
Published: September 23, 2026 17:57
Ahmed Rostom, Minister of Planning and Economic Development, held a high-level meeting with senior officials from the World Bank Group and representatives of a number of international financial and development institutions to review progress and final…
Opinion | Historicity of Heliopolis: Urban memory, greenery and the cycles of a neighbourhood
Published: September 23, 2026 17:47
Official accounts trace the word Korba to La Courbe—a reference to the sharp bend taken by the Heliopolis tramway along what is now Baghdad Street, where the Belgian tram conductor would call out, ‘Attention, la courbe!’ Locals offer a more affectionate…
EFG Hermes Secures Top Corporate Access and Research Rankings in 2026 Extel Emerging EMEA Survey
Published: September 23, 2026 09:58
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa, has secured leading positions in the 2026 Extel Emerging EMEA Research Survey, ranking No. 1 in the Corporate Access Conference category for the second…
NVIDIA highlights growth of Egypt’s AI startup ecosystem
Published: September 22, 2026 19:35
NVIDIA, American multinational technology company, brought together technology companies, startups, developers, investors, and academia in Cairo to discuss the development of Egypt’s artificial intelligence ecosystem and opportunities to deploy AI across…
Emtelaak secures FRA licence to operate real estate investment fund
Published: September 22, 2026 19:32
Emtelaak Group has obtained a licence from the Financial Regulatory Authority (FRA) for Emtelaak Real Estate Projects Fund Company to operate a real estate investment fund, as the group moves to develop investment products linked to different segments of…
City Edge signs nine-year deal to lease, operate Mazarine Boulevard in New Alamein
Published: September 22, 2026 19:28
City Edge Developments has signed a nine-year agreement with a consortium comprising Al Ashraaf Developments, SAM Developments, and AWG to lease and operate Mazarine Boulevard in New Alamein City. The agreement is part of City Edge’s strategy to enhance…
Egypt moves to strengthen cybersecurity across industrial sector
Published: September 22, 2026 19:24
Minister of Industry Khaled Hashem and Minister of Communications and Information Technology Raafat Hindi witnessed the signing of a cooperation protocol between the Industrial Modernisation Centre (IMC) and Middle East Communication Systems (MCS) to…
Egypt steps up factory coordination to boost investment, exports
Published: September 22, 2026 19:20
Mohamed Farid, Minister of Investment and Foreign Trade, stressed the importance of Egyptian companies’ efforts to expand production, increase the use of local components, and strengthen their ability to access foreign markets. He directed full…
Opinion | Trump’s Second Term: When Maximum Pressure Begins to Undermine American Power
Published: September 22, 2026 19:14
As US President Donald Trump approaches the midpoint of his second term, mounting signs point to an erosion of American prestige and global influence. A growing body of assessments and analyses suggests that this decline has not been accidental. Rather, it…
Opinion | Wings of the Nation: The Heavy Burden and Soaring Ambitions of EgyptAir
Published: September 22, 2026 19:10
As a politician, I measure our national success in economic impact, foreign policy, and soft power. But as an EgyptAir pilot who first sat in a cockpit in 2013—a year of immense turbulence for our nation and our flag carrier—I measure success by the weight…
Cairo Water Week to feature 11 special envoys, 114 sessions from Oct. 25
Published: September 22, 2026 18:55
The ninth Cairo Water Week will run from October 25 to 29, with 11 ministers and special envoys confirmed to attend and 114 technical and scientific sessions planned, as organisers place water security, peace, and sustainable development at the centre of…
Eight Muslim countries urge Israel to fulfil Gaza plan commitments
Published: September 22, 2026 18:47
The foreign ministers of Egypt, Qatar, Jordan, the United Arab Emirates, Indonesia, Pakistan, Türkiye, and Saudi Arabia called on Israel to fulfil its obligations under the first phase of a comprehensive Gaza plan, including allowing humanitarian and…
Egypt’s Madbouly calls for reorienting international financial system towards Global South
Published: September 22, 2026 18:43
Egyptian Prime Minister Mostafa Madbouly called for the capacities of the international financial system to be redirected in a way that delivers greater fairness and better reflects the interests and needs of countries of the Global South, in an address to…
One in four Egyptian senior leaders sees no CEO-ready successor, Atruk Athar survey finds
Published: September 22, 2026 18:35
One in four senior leaders surveyed in Egypt believed no member of their senior team was ready to step into the top role, according to the Leadership Pulse 2026 survey conducted by Atruk Athar Consultancy. The finding highlighted the need to strengthen…
DALTEX partners with China’s Irritech to expand advanced irrigation solutions across Egypt, Algeria and Libya
Published: September 22, 2026 18:27
DALTEX Corporation, a leading Egyptian agribusiness with an integrated portfolio spanning agricultural production, fresh produce and irrigation solutions, has entered into a strategic partnership with China-based Irritech, a specialist in large-scale…
Egypt targets $3bn in new fertilizer investments, production to rise by up to 3 million tonnes annually
Published: September 22, 2026 18:22
Egypt is targeting around $3bn in new investments in the fertilizer industry, with five major projects expected to increase domestic production by between 2 million and 3 million tonnes annually over the next three years, according to Mostafa Sherif…
EFG Holding secures $40m EBRD loan to expand MSME financing in Egypt
Published: September 22, 2026 18:16
EFG Holding said on Tuesday it had secured a $40m four-year term loan from the European Bank for Reconstruction and Development to support the expansion of financing for micro, small and medium-sized enterprises in Egypt. EFG Holding, a financial…
EFG Hermes opens London investor conference with 125 MENA-listed companies and more than 420 investors
Published: September 22, 2026 18:07
EFG Hermes opened its 12th annual London Investor Conference on Monday with 125 presenting listed companies from seven countries across the Middle East and North Africa and more than 830 guests, including over 420 investors representing 181 investment…
Al-Sisi calls for deeper defence ties with Greece, Cyprus, stronger East Mediterranean coordination
Published: September 22, 2026 12:56
Egypt’s President Abdel Fattah Al-Sisi called for expanded military and security cooperation with Greece and Cyprus and stronger trilateral coordination among the three countries during separate meetings with the Greek and Cypriot defence ministers, which…
Russian Presidential Grants Foundation to open competition to applicants worldwide on October 1
Published: September 22, 2026 10:30
Russia’s Presidential Grants Foundation will begin accepting applications on October 1 for a new competition for grants from the President of Russia, open to individuals and non-profit organisations from around the world, according to an announcement from…