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Egypt expands insurance coverage for expats, raises payout to LE250,000

Egypt expands insurance coverage for expats, raises payout to LE250,000

CAIRO, July 6 (MENA) – The Ministry of Foreign Affairs, Immigration and Egyptian Expatriates announced, in cooperation with the Financial Regulatory Authority (FRA), an upgrade to the personal accident insurance policy for Egyptians abroad and...

Pharmajet® Enters Into MOU Agreement With Egyptian UPA And EVA Pharma To Provide Needle-Free Delivery For Routine Immuni...

Pharmajet® Enters Into MOU Agreement With Egyptian UPA And EVA Pharma To Provide Needle-Free Delivery For Routine Immuni...

(MENAFN- AETOSWire) (BUSINESS WIRE )--PharmaJet ®, a company that strives to improve the performance and outcomes of injectables with its enabling needle-free injection technology, today announced that it has signed a Memorandum of Understanding...

Egypt dominates 2025 AirBadminton Championship

By Rihana Adam Accra, July 8, GNA – The North African sporting giant, Egypt, dominated the second edition of the 2025 Airbadminton championship held at the Laboma Beach in Accra, Ghana. Egypt won six medals in the championship, including four...

Faisal Islamic Bank of Egypt deploys Intellect’s digital platform

Faisal Islamic Bank of Egypt deploys Intellect’s digital platform

Faisal Islamic Bank of Egypt (FIBE), the nation’s first Islamic commercial bank, has deployed the eMACH.ai Digital Engagement Platform (DEP) from Intellect Global Consumer Banking (iGCB), a unit of Intellect Design Arena. This initiative is said...

Egypt states ‘no military solutions’ to Israel-Iran predicament

Egypt states ‘no military solutions’ to Israel-Iran predicament

(MENAFN) Egyptian President Abdel Fattah El-Sisi has called for a peaceful, diplomatic solution to the escalating conflict between Israel and Iran, warning against further military escalation. During a phone call with Iranian President Masoud...

Extremely Hot, Humid Weather Prevails Across Egypt on Thursday, Cairo 37°C

Extremely Hot, Humid Weather Prevails Across Egypt on Thursday, Cairo 37°C

Thu 10 Jul 2025 | 08:30 AM The Egyptian Meteorological Authority (EMA) predicts hot to extremely hot, humid weather will prevail across the country during Thursday’s daylight hours. The weather will seem hotter due to the high humidity levels,...

Secret to 38,000-year-old lost underground city may be beneath Egypt's Sphinx

Secret to 38,000-year-old lost underground city may be beneath Egypt's Sphinx

The mystery surrounding the “underground city” beneath Egypt’s pyramids has been reignited, as experts reveal a vast shaft plunging deep beneath the Great Sphinx – potentially leading to this hidden subterranean metropolis. The Italian...

Egypt’s Blu EV Plans $100 Million Investment in Morocco’s Electric Mobility Market

Egypt’s Blu EV Plans $100 Million Investment in Morocco’s Electric Mobility Market

Rabat – Blu EV, an Egyptian electric mobility company backed by billionaire Naguib Sawiris, is preparing to enter the Moroccan market by the end of this year. The company, which specializes in converting motorcycles from gasoline to electric...

Telecom Egypt restores services after Ramses Central fire

Telecom Egypt restores services after Ramses Central fire

Arab Finance: Telecom Egypt announced that services affected by a fire at the Ramses Central in downtown Cairo have been restored after operations were transferred to alternative exchanges, as per a disclosure. The fire, which broke out on Monday,...

Egypt, Morocco, and South Africa Named Among World’s Best Nations

Egypt, Morocco, and South Africa Named Among World’s Best Nations

Mali’s military leader Assimi Goita has been handed a renewable five-year presidential term—without elections—by the transitional parliament, cementing his grip on power until at least 2030. The move, approved unanimously, has been framed by...

Egypt vows to block Ethiopia’s Red Sea bid after El-Sisi talks with Hassan Sheikh

Egypt vows to block Ethiopia’s Red Sea bid after El-Sisi talks with Hassan Sheikh

Cairo, July 8, 2025 – Egypt vowed to oppose Ethiopia’s push for Red Sea access and pledged to accelerate military support to Somalia, deepening a security alliance amid rising regional tensions. After talks with Somali President Hassan Sheikh...

Egypt: CBE directs banks to back exporters in meeting international sustainability standards

Egypt: CBE directs banks to back exporters in meeting international sustainability standards

Arab Finance: The Central Bank of Egypt (CBE) has directed banks to provide the necessary support to their exporting clients to help them comply with international sustainability standards throughout the production stages of their export goods,...

Egypt’s Grand Mufti condemns Israeli settler incursions on Al-Aqsa Mosque

Egypt’s Grand Mufti condemns Israeli settler incursions on Al-Aqsa Mosque

Egypt’s Grand Mufti, Nazir Mohamed Ayyad, the head of the General Secretariat of Fatwa Authorities and Institutions Worldwide, harshly condemned the storming of the Al-Aqsa Mosque compound by dozens of extremist Israeli settlers under heavy...

Cairo telecom building fire kills 4 and injures 27

Cairo telecom building fire kills 4 and injures 27

CAIRO (AP) — Egyptian officials said Tuesday a fire that engulfed a main telecom company building in downtown Cairo a day earlier left four people dead and over two dozen injured. The large blaze, which broke out at the landmark 10-story Telecom...

FM: Libyan File Represents Priority for Egyptian National Security

FM: Libyan File Represents Priority for Egyptian National Security

Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty has underscored the priority that the Libyan file represents for Egyptian national security as a direct neighboring state. This came during a phone call on Wednesday...

Egypt: Qalaa Holdings’ revenues leap 53% in 2024

Cairo – Qalaa Holdings achieved 53% year-on-year (YoY) higher revenues at EGP 148.90 billion in 2024, mainly driven by Egyptian Refining Company’s (ERC) USD-denominated revenue. The company’s EBITDA reached EGP 21.40 billion as of 31 December...

Central Bank of Egypt unveils $1.61bln T-bills end-week

Cairo – The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 80 billion through two tranches on Thursday, 10 July. The first offering stood at EGP 35 billion and will mature in 182 days on 13 January 2026,...

Egypt’s net foreign reserves up to $48.7bln in June: CBE

Egypt’s net foreign reserves up to $48.7bln in June: CBE

Arab Finance: Egypt’s net international reserves (NIR) jumped to $48.700 billion at the end of June 2025, the Central Bank of Egypt (CBE) announced on July 7th. On a monthly basis, the amount is higher than the $48.526 billion registered at the...

GLOBALink | Egypt-China cooperation under BRI "win-win model" for shared growth: former Egyptian PM

The growing Belt and Road cooperation between Egypt and China represents a "win-win model" that fosters deeper partnerships and shared growth, said former Egyptian Prime Minister Essam Sharaf in a recent interview with Xinhua. #GLOBALink

New tax facilities set stage for rapid growth of micro, small enterprises: Egypt's ETA chief

Egypt - Rasha Abdel Aal, Chairperson of the Egyptian Tax Authority (ETA), announced that the Authority is intensifying efforts to promote awareness of Egypt’s new tax facilities package and its benefits for enterprise growth, in line with a...

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