Egypt

UN adopts Egypt's resolution against trafficking in antiquities

Parties to the UN organised crime convention backed it unanimously in Vienna, targeting the networks and money behind the trade.

Vienna27 October 20261 min read

Health

Egypt launches a patient safety plan for 2026–2030

A confidential reporting system for medical errors is the goal, so staff can report mistakes without fear.

Cairo27 October 20261 min read

Egypt's CIB is the only African bank on Fortune's Change the World list

It was chosen for advising on a EGP 7bn social sukuk that channels money to small businesses.

Cairo27 October 20261 min read

Egypt plans a million homes in four years

The EGP 1 trillion programme, built with the private sector, will include rental and rent-to-own homes for young families.

Cairo26 October 20261 min read

Chevron's Nargis-2 well finds more gas off Egypt

Drilled to over 5,000 metres, the well confirmed gas layers up to 35 metres thick, plus a new one.

Cairo26 October 20261 min read

Egypt signs a World Bank charter to grow mining to 6% of GDP

Better geological data, digital systems and processing centres are part of the plan, as the World Bank lifts mining support fivefold.

Cairo26 October 20261 min read

Egypt's MNT-Halan IPO draws 43 times the retail demand

The fintech's shares rose 18% on their first day in Cairo after a listing that raised about $150 million.

Cairo23 October 20261 min read

Egypt's handicraft fair Turathna opens with more than 1,000 craft projects

Seventy per cent of the products at the eighth edition are made by women and girls. The prime minister opened it with a new strategy to make Egypt a hub for handicraft exports.

PANM20 October 20261 min read

Korea and Egypt's women's council wrap up three years of training on women-led business

KOICA's programme with Egypt's National Council for Women drew on Korea's experience of supporting women's employment and small enterprises.

Cairo20 October 20261 min read

Suez Canal Bank puts business banking on a phone

The SCB Business app lets companies of every size move money instantly, track accounts and loans, and check how much financing they could get.

Cairo19 October 20261 min read

Egypt's banks are well able to absorb shocks, the central bank says

Capital is well above the minimum, bad loans are just 1.9% and profits rose 43% in the first quarter, according to the Central Bank of Egypt's financial stability report.

Cairo19 October 20261 min read

Amani Asfour wins a second term at the head of the African Business Council

Re-elected in El Alamein, she says Africa must move from exporting raw materials to making higher-value goods under the free trade area: "One Africa, One Market, One Prosperous Future."

El Alamein19 October 20261 min read

Systems Limited plans to grow its Egyptian team by half, training graduates for regional banks

The IT firm has $10m invested in Egypt and about 300 staff, aims for 450 by the end of 2027 and is setting up digital banking centres for two UAE banks.

Cairo19 October 20261 min read

Diaspora

AUC honours Atef Eltoukhy, the Sharqiya-born scientist turned philanthropist

The American University in Cairo celebrated the Sharqiya-born materials scientist, investor and philanthropist, its first alumnus to chair its board.

Cairo18 October 20261 min read

Politics

Sisi says he will leave office when his term ends in 2030

Egypt's president told graduates and officials the matter was "completely settled" and that the constitution would not be touched.

PANM18 October 20261 min read

Egypt to host Africa's Global Entrepreneurship Festival, with Dangote and Magdi Yacoub

After Nigeria and Ghana, the festival comes to New Cairo from 6 to 8 November, with more than 200 investors and entrepreneurs from 70 countries.

Cairo16 October 20261 min read

Dangote's share sale reaches Egypt as it courts investors across Africa

After Kenya, Botswana and Ethiopia, the $1.6bn refinery IPO is heading to the Egyptian Exchange. The offer now closes on 27 October.

Cairo16 October 20261 min read

Cairo's film festival turns 50 with 145 films and a tribute to Abderrahmane Sissako

The 47th Cairo International Film Festival runs from 11 to 20 November. Morocco's Nabil Ayouch chairs the main jury, and 850 young filmmakers will take part in its industry days.

Cairo15 October 20262 min read

One date in five is grown in Egypt. Now it wants to sell them finished

Egypt produces 20% of the world's dates and has planted the world's largest date farm. At the festival in Siwa, the government set out how to earn more from every harvest.

Siwa15 October 20262 min read

Egypt opens a EGP 700m dry port in Alexandria to take pressure off the seaport

The Amreya dry port, Egypt's second, lets cargo be handled away from the quays. Thirty-three more are planned.

Alexandria15 October 20261 min read

Egypt offers 400 ready-built factory units to small investors

The units, in 11 industrial complexes across 10 governorates, come with utilities and can be bought or rented online from 15 to 29 October.

Cairo15 October 20261 min read

Egypt and Djibouti sign a trade protocol to open the Horn of Africa to Egyptian goods

Djibouti offers access to the Horn's markets from the mouth of the Red Sea; Egypt offers medicines, fertilisers, food and engineering goods.

Cairo15 October 20261 min read

Sport

African football's federations now get three and a half times what they did in 2021

CAF has raised its yearly support to each of its 54 member associations to $700,000, up from $200,000 in 2021, to fund academies, women's football and coaching.

Cairo15 October 20261 min read

Investors see less risk in Egypt than at any time since 2014, minister says

Finance Minister Ahmed Kouchouk told investors in Bangkok that the private sector now accounts for 65% of investment and the economy is growing at 5.1%.

Bangkok15 October 20261 min read

Diaspora

Egyptians abroad send home $33.9bn in eight months, up 27%

Money sent by Egyptians working overseas reached $4.2 billion in August alone, the central bank says.

Cairo14 October 20261 min read

Egypt backs funding drive for 36 Nile Basin projects

The projects, in the countries of the southern basin, cover hydropower, power lines and water supply. Cairo has also opened a $100 million fund of its own.

Berlin14 October 20261 min read

Big ships are coming back to the Suez Canal

The canal says 166 large container ships crossed between July and September, against 16 in the same months last year.

Ismailia14 October 20261 min read

Politics

Egypt, Sudan, Eritrea and Somalia close ranks on the Horn

Four leaders meeting at El Alamein agreed five principles, from the Nile to the Red Sea. The country they did not name, but had in mind, was Ethiopia.

Cairo13 October 20261 min read

Egypt swings to a $2.8bn payments surplus

Remittances of $47.3bn and a jump in foreign investment outweighed a trade deficit that widened by more than a quarter.

Cairo13 October 20261 min read

Egypt and Indonesia aim for $5bn in trade by 2030

Presidents Sisi and Prabowo signed four agreements in Jakarta. Indonesia also backed Egypt's position on the Nile.

Cairo12 October 20261 min read

The Egyptian apps taking the shame out of periods

Only one Egyptian woman in five has medical insurance. A Cairo app and a maker of reusable underwear are building products around what women will not ask aloud.

Cairo12 October 20262 min read

Egypt's inflation eases to 13.9% as vegetable prices jump

The annual rate in cities fell for September, but prices rose 1.3% in the month, led by a 15% rise in vegetables.

Cairo11 October 20261 min read

Health

Egypt and African Union agency plan push on local medicines

The two agreed in Berlin to draw up a long-term plan to make more drugs and vaccines in Africa. No projects or funding have been announced.

Berlin11 October 20261 min read

A hundred fishing boats for Luxor's poorest fishers

Egypt's biggest state bank has given motorboats and gear, free, to breadwinners who could not afford a vessel of their own.

Luxor11 October 20261 min read

Cairo mall gets a vending machine that sells gold

Shoppers can buy gold bars from a quarter of a gram, and silver from five grams, with a bank card.

Cairo10 October 20261 min read

Old skulls reopen the question of sacrifice in ancient Egypt

A new study of 46 skulls from the tombs of Egypt's first kings finds injuries around the time of death in 18 of them.

Abydos10 October 20261 min read