Egypt’s foreign direct investment (FDI) surged in 2024, making it the ninth-largest recipient globally and the main driver of a rebound in investment across Africa, according to a UN report launched in Cairo on Thursday.The World Investment Report 2025 from...
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Published on: 2025-06-19
Source:
Daily News Egypt
Dr. Sami Shaaban, Chairman of Egypt’s Nuclear and Radiological Regulatory Authority (ENRRA), affirmed that the authority serves as Egypt’s official point of contact with the International Atomic Energy Agency (IAEA).Operating under the “Early Notification” and “Assistance” agreements, ENRRA can immediately...
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Published on: 2025-06-19
Source:
Egypt Independent
Amazon is warning its employees that artificial intelligence will help the company have a smaller workforce in the future.In a blog post Tuesday that was sent out earlier to employees, Amazon CEO Andy Jassy said that efficiency gains from AI...
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Published on: 2025-06-19
Source:
Egypt Independent
Global star Mena Massoud has promoted his upcoming appearance alongside actress Sherine Reda on a new episode of the talk show “Ma’akom (With You) Mona El-Shazly”. The interview is scheduled to air on Thursday, at 10 pm on CBC.Massoud shared...
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Published on: 2025-06-19
Source:
Egypt Independent
Newly awake, the 19-year-old could see his surroundings but couldn’t move or speak, and he didn’t know why.He thought, “‘My God, what do I do?’” Jalal, now 39, said of that moment in 2005. “I tried to call my mom...
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Published on: 2025-06-19
Source:
Egypt Independent
It has “really thick, hard shell,” Dahlgren explained, in order for the explosives to withstand the impact of the ground and penetrate to the depths it’s intended to reach.“There’s the shell and there’s the explosive in the fuse – the...
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Published on: 2025-06-19
Source:
Egypt Independent
Israeli President Isaac Herzog, commenting on Thursday’s targeting of Soroka Hospital by Iran, declared the incident to be a “war crime and a crime against humanity,” vowing it would not deter Israel’s actions, according to international media reports.Hebrew daily Yedioth...
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Published on: 2025-06-19
Source:
Egypt Independent
Iran’s Revolutionary Guard-affiliated Fars News Agency revealed the targets of today’s missile strikes across Israel.The Iranian agency clarified that the attacks targeted the Israeli military’s Central Command for Communications, Control, and Intelligence.For the seventh consecutive day, areas in Israel have...
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Published on: 2025-06-19
Source:
Egypt Independent
The Egyptian Ministry of Petroleum plans to produce approximately 40 to 50 million cubic feet of natural gas from the Zohr 6 well in Egypt this June.A government official informed Al-Arabiya Business that Italian company Eni is accelerating efforts to...
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Published on: 2025-06-19
Source:
Egypt Independent
AP Photo/Maya AlleruzzoIsraeli Prime Minister Benjamin Netanyahu admitted Wednesday that Israel is suffering considerable and grievous damage due to Iranian attacks.In a televised address this evening, Netanyahu stated, “We are enduring heavy casualties, but our home front is strong, and...
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Published on: 2025-06-19
Source:
Egypt Independent
Suez Canal Authority Chairman, Lieutenant General Osama Rabie, has announced the start of a new phase in the waterway’s return to hosting mega container ships.This was marked by the passage of the container vessel CMA CGM OSIRISon Wednesday. The ship,...
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Published on: 2025-06-19
Source:
Egypt Independent
As tensions escalate in the region amid the confrontation between Iran and Israel, the Egyptian government’s formation of a “crisis committee” led by the Prime Minister reflects its political and administrative preparedness. Yet alongside security, another equally vital front demands...
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Published on: 2025-06-18
Source:
Daily News Egypt
Egypt’s Minister of Environment, Yasmine Fouad, announced on Wednesday that the country’s solid waste management system has witnessed significant progress in recent years, driven by close coordination between the government, parliament, and private sector. She revealed that Egypt’s recycling rate...
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Published on: 2025-06-18
Source:
Daily News Egypt
The conflict between Israel and Iran has entered an unprecedented phase of escalation, with both sides intensifying cross-border strikes and mounting warnings of a wider confrontation that could draw in international actors — including a potential direct military intervention by...
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Published on: 2025-06-18
Source:
Daily News Egypt
Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), signed an agreement on Wednesday with Turkish company Ulusoy Tekstil San. Tic. A.Ş to establish a yarn and textile production factory in the West Qantara Industrial Zone.Spanning 35,000 square...
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Published on: 2025-06-18
Source:
Daily News Egypt
CI Capital Asset Management (CIAM), Egypt’s leading asset manager and a Forbes Top 40 firm in the Middle East and North Africa (MENA) region, has launched Egypt’s first open-ended sustainable equity fund — the Misr Green – Sustainability (ESG) Fund....
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Published on: 2025-06-18
Source:
Daily News Egypt
Prime Minister Mostafa Madbouly witnessed on Wednesday the signing of a contract to establish an integrated industrial complex for the production of solar energy components in Ain Sokhna’s industrial zone, part of the Suez Canal Economic Zone (SCZONE). The project...
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Published on: 2025-06-18
Source:
Daily News Egypt
In a significant step toward upgrading Egypt’s railway infrastructure, trial operations have officially begun at the Cheng He – Egypt Institute for Smart Railway Signal Control. This milestone aligns with the directives of Kamel Al-Wazir, Deputy Prime Minister for Industrial...
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Published on: 2025-06-18
Source:
Daily News Egypt
A state-sponsored hacking group conducted a nearly two-year cyber-espionage campaign targeting critical national infrastructure (CNI) in the Middle East, using novel malware to breach and maintain access across both IT and operational technology (OT) networks, according to a new report.The...
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Published on: 2025-06-18
Source:
Daily News Egypt
Egypt’s Financial Regulatory Authority (FRA) has issued new regulations establishing licensing, technical, and cybersecurity standards for the websites of all companies and individuals operating in the country’s insurance sector.The new rules, outlined in Resolution No. (62) of 2025, mandate that...
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Published on: 2025-06-18
Source:
Daily News Egypt
Alaa Farouk, Minister of Agriculture and Land Reclamation, held high-level discussions with Mafa Chipeta, former international expert in agricultural strategy and policy formulation at the UN Food and Agriculture Organization (FAO), and Baboucarr Manneh, Director General of the Africa Rice...
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Published on: 2025-06-18
Source:
Daily News Egypt
CNN — A volcanic eruption in Indonesia sent an enormous ash cloud more than six miles into the sky, disrupting or canceling dozens of flights to and from the tourist island of Bali.Mount Lewotobi Laki Laki erupted at 5:35pm local...
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Published on: 2025-06-18
Source:
Egypt Independent
CNN — Russia launched a barrage of hundreds of drones and missiles on Kyiv overnight, killing more than 20 people in one of its biggest attacks on the Ukrainian capital.The State Emergency Service of Ukraine said at least 28 people...
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Published on: 2025-06-18
Source:
Egypt Independent
CNN — At least 51 people were killed and more than 200 others injured by Israeli fire as they waited for aid trucks to arrive in Khan Younis in southern Gaza early Tuesday morning, the Palestinian Ministry of Health said.The...
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Published on: 2025-06-18
Source:
Egypt Independent
A new malfunction in Israeli defenses has been captured on camera, leading to a failed interceptor missile launch.This resulted in a massive explosion and a fire after one of the occupation’s interceptor missiles fell in central occupied Palestine, failing to...
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Published on: 2025-06-18
Source:
Egypt Independent
Gil Cohen-Magen/AFP/Getty ImagesUS President Donald Trump is facing a critical decision between taking “a diplomatic off ramp” or “a war of choice,” Ellie Geranmayeh, a senior policy fellow at the European Council on Foreign Relations, told CNN.“Leaders always have a...
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Published on: 2025-06-18
Source:
Egypt Independent
Nine countries currently state they possess nuclear weapons or are widely believed to, according to the Associated Press.The first nations to acquire nuclear weapons were the five original nuclear-weapon states: the US, Russia, China, France, and the UK. These five...
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Published on: 2025-06-18
Source:
Egypt Independent
The House of Representatives’ Housing Committee approved in principle on Tuesday the newest draft for the old rent law submitted by the government.At the beginning of the House’s plenary session, House Speaker Hanafi al-Gebaly referred a draft law submitted by...
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Published on: 2025-06-18
Source:
Egypt Independent
Egypt’s Minister of Irrigation and Water Resources, Hani Sewilam, called for enhanced cooperation amongst the Nile Basin countries to implement the principles of the “water, food, energy, and ecosystems nexus”, ensuring mutual benefits for all involved.In his speech at the...
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Published on: 2025-06-18
Source:
Egypt Independent
A photo that has gone viral on X reportedly shows Iran sending an agent spying for the Israeli intelligence agency Mossad on a missile bound for Tel Aviv.The circulating claim has garnered widespread interaction and dissemination. Al-Masry Al-Youm’s fact-checking team...
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Published on: 2025-06-18
Source:
Egypt Independent
The Former Secretary-General of the Arab League, Amr Moussa, warned of worsening developments in the Middle East following Israel’s war on Iran.The former Arab diplomat said in a post on his official Facebook account that. “The ongoing war between Israel...
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Published on: 2025-06-18
Source:
Egypt Independent
Egypt’s Minister of Environment, Yasmine Fouad, and Minister of Local Development, Manal Awad, convened a joint meeting to review the progress of Egypt’s first fully integrated waste management city, currently under construction in 10th of Ramadan City. The project is...
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Published on: 2025-06-17
Source:
Daily News Egypt
The co-chairs of a United Nations conference on the peaceful settlement of the question of Palestine have suspended the high-level segment of the event, citing “recent developments and continued escalation in the region.”In a joint statement, the co-chairs, France and...
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Published on: 2025-06-17
Source:
Daily News Egypt
Egypt’s parliament has approved the government’s economic and social development plan for the fiscal year (FY) 2025/26, which targets an economic growth rate of 4.5% amid ongoing regional instability.The plan, presented to the House of Representatives by Planning Minister Rania...
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Published on: 2025-06-17
Source:
Daily News Egypt
The war between Iran and Israel entered its fifth day on Tuesday, marked by intensifying air and missile exchanges and mounting international efforts to prevent a wider regional conflagration.Iran launched a fresh wave of 20 to 30 missiles targeting Tel...
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Published on: 2025-06-17
Source:
Daily News Egypt
Egyptian Prime Minister Mostafa Madbouly has met with ministers to review the development of irrigation systems for sugarcane, aiming to increase the strategic crop’s yield while reducing water consumption.In a meeting with the relevant ministries and government agencies, Madbouly emphasised...
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Published on: 2025-06-17
Source:
Daily News Egypt
Nawy, Africa’s largest proptech platform, has secured $23m in debt financing from ten of Egypt’s top financial institutions. The funding will be used to scale Nawy Now, the company’s FRA-licensed mortgage product offering flexible payment plans and fast approvals for...
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Published on: 2025-06-17
Source:
Daily News Egypt
The Middle East today stands at the edge of an unprecedented strategic rupture, with tensions between Iran and Israel intensifying from covert proxy confrontations to increasingly overt clashes. The Iranian strike on Israeli territory in April 2024—retaliation for the targeting...
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Published on: 2025-06-17
Source:
Daily News Egypt
For decades, Israel has anchored its national security doctrine on preventing adversaries from acquiring nuclear capabilities. From Iraq’s Osirak reactor to Syria’s aborted nuclear ambitions, this doctrine has underpinned a series of direct and indirect confrontations that have deepened strategic...
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Published on: 2025-06-17
Source:
Daily News Egypt
The volume of trade between Egypt and the Group of Seven (G7) nations reached $29.7bn in 2024, up from $26bn in 2023, marking a 14.2% year-on-year increase, according to new data released by the Central Agency for Public Mobilization and...
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Published on: 2025-06-17
Source:
Daily News Egypt
