Daily News Egypt

Egypt’s Financial Regulatory Authority (FRA) has extended compliance deadlines for healthcare management companies and non-resident foreign reinsurance brokers, giving market participants additional time to meet regulatory requirements under the Unified Insurance Law. The decisions were approved by the FRA’s Board of Directors, chaired by Islam Azzam, as part of the authority’s efforts to strengthen governance, improve service quality, and support the continued development of E

Fourteen countries accounted for 68.8% of Egypt’s total foreign trade during the first half (July–December) of fiscal year 2025/26, with combined trade reaching $50.616bn, according to a report published by the Central Bank of Egypt (CBE). The total comprised imports worth $36.147bn and exports amounting to $14.469bn. According to the report, Egypt’s total foreign trade during the period reached $73.540bn, including $52.647bn in imports and $20.893bn in exports. The United States rem

Al Alamein International Airport recorded a 57% year-on-year increase in passenger traffic as Egypt accelerates preparations to host the second edition of the Egypt International Air Show (EIAS 2026) this September, according to the Cabinet’s Information and Decision Support Center (IDSC). The government said the airport’s rapid growth reflects broader efforts to modernise Egypt’s civil aviation infrastructure and expand airport capacity to accommodate rising demand from touris

Egypt is exploring technical cooperation with China Southern Power Grid (CSGI) to upgrade its national electricity grid and integrate 45 per cent renewable and clean energy into its energy mix over the next two years, the Ministry of Electricity and Renewable Energy said. Minister of Electricity and Renewable Energy Mahmoud Esmat met with a CSGI delegation, led by Vice President Gong Yu, at the ministry’s headquarters in Abbassia to discuss network studies, energy planning, and the role of

Egypt’s Minister of Industry, Khaled Hashem, began a field tour of El Mahalla El Kubra—one of the country’s largest industrial hubs—with a visit to the Misr Spinning and Weaving Company complex, reaffirming the government’s commitment to modernising the textile sector, strengthening domestic manufacturing, and increasing industrial competitiveness. The visit forms part of a series of inspection tours of major industrial facilities across Egypt aimed at monitoring production, su

Minister of State for Military Production Salah Gamblat said the Ministry of Military Production is developing a new strategy to modernise its affiliated companies, with a focus on digital transformation, the expanded use of industrial software, artificial intelligence (AI) applications, and the upgrading of manufacturing systems in line with rapid global advances in smart manufacturing. Gamblat said the strategy will be implemented through stronger cooperation with leading international technol

Egypt has completed around 25% of four local economic development projects in Fayoum, Beni Suef, Luxor and Aswan under a European Union-funded technical assistance programme implemented in cooperation with the United Nations Development Programme (UNDP), Minister of Local Development Manal Awad said. According to a ministry statement, the projects include the construction of an urban market in Luxor’s El-Bayadiya district, a medicinal and aromatic plants services centre in Beni Suef, an in

Egypt completely rejects any measures that would compromise Somali territorial integrity, including any recognition of the so-called “Somaliland”, Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty said on Saturday. During a phone call with Somalia’s Minister of Foreign Affairs Abdisalam Abdi Ali, Abdelatty stated that recognising Somaliland constitutes a violation of the Federal Republic of Somalia’s unity and sovereignty, acco

US President Donald Trump renewed his military threats against Iran on Saturday, warning that he had ordered an overwhelming military response if Tehran were to assassinate him or attempt to do so, even as Washington and Tehran prepared to resume indirect talks in Oman aimed at easing tensions and preserving the fragile ceasefire. In a post on Truth Social, Trump said he had instructed the US military to respond with overwhelming force if Iran carried out what he described as threats against his

Egypt and Türkiye have called for intensified joint efforts to restore the negotiation track between the United States and Iran to reach a final diplomatic agreement and prevent the risk of regional military escalation. The stance was agreed during a phone call on Saturday between Egyptian Minister of Foreign Affairs Badr Abdelatty and Turkish Foreign Minister Hakan Fidan, during which they discussed bilateral relations and regional developments. The two ministers emphasised the importance of lo

Health Minister Khaled Abdel Ghaffar praised Shifa Al-Orman Cancer Hospital in Luxor as a successful model of cooperation between the state and civil society organisations in delivering healthcare services. Speaking at an event marking the hospital’s 10th anniversary, Abdel Ghaffar highlighted its role in providing free cancer treatment over the past decade in line with high medical standards, easing the burden on thousands of patients and their families. He noted that the hospital has significa

An Egyptian archaeological mission from the Supreme Council of Antiquities has uncovered two tombs dating back to Egypt’s Early Dynastic Period, along with several burials from the Predynastic and Late Periods, during excavation works at the Jabal Al-Tayr site in Minya. The discovery sheds new light on the evolution of funerary architecture in ancient Egypt and underscores the long-term significance of Jabal Al-Tayr as a burial ground spanning multiple historical eras. Minister of Tourism and An

President Abdel Fattah Al-Sisi attended the graduation ceremony of the third training course for Ministry of Endowments (Awqaf) imams, known as the Imam Hassan al-Attar Class, at the Egyptian Military Academy in the New Administrative Capital. According to a presidential statement, the ceremony was attended by Prime Minister Mostafa Madbouly, Defence Minister Ashraf Zaher, Endowments Minister Osama al-Azhari, and other senior officials. Ahead of the graduation, the president inaugurated the acad

Iran’s military on Saturday declared the strategic Strait of Hormuz fully closed to all maritime traffic over alleged US and Israeli breaches of a ceasefire memorandum, though US Vice President JD Vance and military officials stated there was no evidence of a shutdown as emergency talks loomed in Switzerland. The Iranian Navy and the Supreme Joint Military Command announced the total closure of the vital shipping lane in statements carried by Iranian media, warning commercial vessels to st

The Egyptian Drug Authority (EDA) signed a memorandum of understanding (MoU) with the Pharmacy Board of Sierra Leone to enhance bilateral cooperation in pharmaceutical regulation, technical expertise exchange, and capacity building. The agreement was signed by Ali El Ghamrawy, Chairperson of the EDA, and James Peter Komie, Chairperson of the Pharmacy Board of Sierra Leone, in the presence of Ambassador Sadiq Sillah, Sierra Leone’s Ambassador to Egypt, on the sidelines of the fifth edition of Afr

Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), confirmed that the agency is implementing an integrated plan to develop production clusters for traditional and heritage crafts, in cooperation with the relevant governorates, ministries, and agencies involved in the handicrafts and heritage industries development strategy. Rahmy noted that improving the quality and volume of handicraft production, as well as creating brands for heritage

The Egypt Entrepreneurship and Innovation Centre, affiliated with the National Institute for Governance and Sustainable Development, held the first session of the “Business Clinic” initiative, which operates under the umbrella of the Ministry of Planning and Economic Development, in coordination with the ministries of Finance, Investment and Foreign Trade, and Industry. The initiative is part of broader efforts to support Egypt’s entrepreneurship ecosystem and strengthen the business environment

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, held an extensive meeting with a French diplomatic delegation that included Éric Chevallier, the French Ambassador to Cairo; Pascal Furth, Economic Counsellor and Head of the Economic Department at the French Embassy in Cairo; and Antoine Wellenbohrer, Head of Infrastructure, Environment and Health at the embassy. The meeting was part of the Ministry of Investment and Foreign Trade’s strategy to strengthen cooperation with internat

The Sun Troupe for Special Needs has relaunched the theatrical production “Gimo’s Adventures” at the Sun Theatre in Cairo’s Nasr City, featuring a cast of actors with special needs performing alongside professionals. The play, staged at the International Park, is part of the Ministry of Culture’s efforts under Minister Dr. Gehan Zaki to integrate individuals with special needs into cultural and artistic activities. Dr. Ayman El Shiwy, head of the Artistic Theatre Ho

Arab media and dramatic arts are undergoing a genuine awakening in their treatment of mental health, shifting from historical stigmas that labelled mental illness as “madness” toward a more nuanced and separate evaluation of individual disorders, media professionals and psychiatry experts said at a Cairo conference. Speaking at the inaugural session of the “Al-Kelma Betefraq” conference, panellists examined how media language, headlines, and narrative styles can either en