Sisi Congratulates Uganda’s Museveni on Re-election, Reaffirms Strategic Ties
President Abdel Fattah El-Sisi held a phone call on Monday with Ugandan President Yoweri Museveni to congratulate him on his victory in the recent presidential elections, according to a statement from the Egyptian Presidency. During the call, President El-Sisi expressed his best wishes for Museveni’s upcoming term, noting that the election results reflect the Ugandan […]
Egypt court hands life sentence to antiquities inspector over major artifact smuggling
A Cairo criminal court sentenced an antiquities inspector to life imprisonment (25 years) in a high-profile case involving the theft and smuggling of 370 ancient artifacts from a landmark museum. The ruling comes in one of the largest antiquities smuggling cases to hit Egypt’s cultural heritage sector, with three defendants charged with conspiring with an […]
Egypt’s Kemet, China’s TBEA sign MoU to localize power grid Systems
Egyptian company Kemet has signed a memorandum of understanding (MoU) with China’s TBEA to cooperate in the renewable energy sector and localize the manufacturing of power grid connection systems for Egypt’s national electricity network. The agreement also includes plans to establish Egypt’s first factory dedicated to the production of solar power inverters, marking a significant […]
El-Sisi Orders Continued Suez Canal Development as Traffic Shows Signs of Recovery
President Abdel Fattah El-Sisi has instructed the government to press ahead with the comprehensive strategy to upgrade the Suez Canal, its navigational channel, and all associated facilities and infrastructure, aiming to preserve the canal’s globally recognized efficiency and operational excellence amid its pivotal role in international trade and maritime transport. The directive was issued during […]
Egypt announces January 29, 2026 official paid holiday
Dr. Mostafa Madbouly, Prime Minister, issued a decree declaring Thursday, January 29, 2026, a paid official holiday in observance of the January 25 Revolution Day and Police Day. The holiday applies to employees of ministries, government departments, public authorities, local administration units, public sector companies, public business sector companies, as well as private sector companies. […]
FM discusses ways to send seasonal Egyptian workers to Greece, Cyprus
Egyptian Foreign Minister Badr Abdelatty discussed with his counterparts from Greece and Cyprus ways to facilitate legal and regulated migration, including sending seasonal Egyptian workers to both Greece and Cyprus in sectors where labor is needed in the two countries. The Egyptian Foreign Minister held a tripartite meeting on Sunday with Mr. Giorgos Gerapetritis, […]
Egypt Invests LE 7 Billion in Renewable Energy Transmission Projects
The Egyptian government, through the Egyptian Electricity Transmission Company (EETC), has earmarked LE 7 billion for investments aimed at transmitting electricity from renewable energy projects and integrating it into the national grid by 2025, according to a statement reported by Asharq Bloomberg. These projects will involve the construction of transformer stations to transfer energy generated […]
Egypt to secure €5.8B from EU for Macro-Financial Assistance mechanism
The Ministry of Planning, Economic Development, and International Cooperation has launched negotiations with the European Union for the second phase of the Macro-Financial Assistance mechanism. This phase aims to provide €4 billion in budget support and €1.8 billion in investment guarantees, according to Minister Rania Al-Mashat during a meeting with the National Press Authority attended […]
EGX reveals landmark year with new milestone report
Breaking several records, 2024 saw EGX indices hit new all-time highs. On March 11, 2024, the EGX30, the main benchmark index, closed at a record 33,382 points. The Egyptian Exchange (EGX) reported a year of remarkable milestones in 2024, with significant improvements across key indicators, trading volumes, and market capitalization, according to Ahmed El-Sheikh, Chairman […]
Egypt leads negotiations to end war in Gaza
From the onset of the Israeli war on Gaza, which began on October 7, 2023, Egypt has intensified its diplomatic efforts to halt military operations and protect the lives of the Palestinian people. Cairo has launched multiple initiatives to deliver aid to Gaza, a territory that has been under siege, showcasing its commitment to regional […]