Economy
    7 hours ago

    Egypt, Montenegro seek closer economic ties, reaffirm support for two-state solution

    Egyptian President Abdel Fattah Al-Sisi and Montenegro’s President Jakov Milatović agreed on Saturday to deepen financial and funding cooperation whereas…
    Economy
    7 hours ago

    Egypt’s Deputy Prime Minister and state auditor discuss mechanisms to boost state-owned enterprise performance

    Egypt’s Deputy Prime Minister for Financial Affairs Hussein Issa and Central Auditing Organisation head Mohamed Al-Faisal Youssef mentioned mechanisms to…
    Transport
    1 day ago

    Alexandria Port cargo throughput tops 82 million tonnes in FY2025/26: Transport minister

    Alexandria Port recorded its highest-ever cargo dealing with volumes throughout fiscal yr (FY) 2025/26, with whole cargo throughput exceeding 82…
    News
    1 day ago

    Attijariwafa Bank Launches New Deposit with Monthly Yield for Entrepreneurs and SME Owners

    Attijariwafa Bank Egypt announced the launch of **”Wafa Business Plus TDs”** (Term Deposits) dedicated to entrepreneurs and Small and Medium…
    Banking
    1 day ago

    Bank ABC joins consortium providing $550m financing for Cheiron’s Egyptian oil fields

    Bank ABC has joined a nine-bank consortium to provide a $550m multi-facility syndicated loan to Cheiron Finance Limited to fund…
    Banking
    1 day ago

    Central Bank of Egypt: Private Sector’s Share of Loans Drops to 41.2%

    Data from the Central Bank of Egypt (CBE) revealed a significant shift in the structure of bank credit, as the…

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    Tourism

    • Tourismnew-kingdom-tomb-unearthed-by-leiden-university-mission-in-luxor’s-west-bank
      editor3 days ago
      0 10

      New Kingdom tomb unearthed by Leiden University mission in Luxor’s West Bank

      A Dutch archaeological mission from Leiden University has discovered a tomb belonging to a person named “Paser” in the lower Sheikh Abd El-Qurna area on Luxor’s West Bank, which likely dates back to the Ramesside period. The discovery was made during the mission’s current excavation season, according to Hisham El-Leithy, Secretary-General of the Supreme Council of Antiquities. He explained that…

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    • Tourismegypt-inaugurates-17,000-volume-grand-egyptian-museum-library-in-partnership-with-france
      editor3 days ago
      0 9

      Egypt inaugurates 17,000-volume Grand Egyptian Museum library in partnership with France

      Egypt’s Minister of Tourism and Antiquities Sherif Fathy, Grand Egyptian Museum (GEM) Chief Executive Ahmed Ghoneim, and French Ambassador to Egypt Eric Chevallier inaugurated the GEM library, a joint Egyptian-French project housing approximately 17,000 specialised volumes, on Monday evening. The facility, which stems from a 2022 initiative between Egypt and France, holds volumes in multiple languages covering Egyptology, archaeology, restoration,…

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    • Tourismegypt-uncovers-18-ancient-tombs-at-marina-el-alamein-archaeological-site
      editor3 days ago
      0 9

      Egypt uncovers 18 ancient tombs at Marina El Alamein archaeological site

      An Egyptian archaeological mission working at the Marina El Alamein Archaeological Site on Egypt’s northwestern Mediterranean coast has uncovered 18 ancient tombs, together with a collection of sarcophagi, surface burials and archaeological artefacts, offering new insights into the history and cultural significance of one of Egypt’s most important ancient coastal cities. The latest excavations also revealed additional architectural remains that…

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    • Tourismaccor,-margins-developments-to-launch-novotel-hotel,-branded-residences-in-new-cairo
      editor3 days ago
      0 11

      Accor, Margins Developments to launch Novotel hotel, branded residences in New Cairo

      Global hospitality group Accor and Margins Developments have signed an agreement to develop a Novotel hotel and Novotel-branded residences at the LUSAIL Residence project in New Cairo’s Sixth Settlement, marking Margins’ entry into Egypt’s hospitality sector. The mixed-use development will comprise a 120-room Novotel hotel alongside more than 450 branded residential units. Spanning approximately 30 feddans, the project will feature…

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    • Tourismegypt-eyes-higher-italian-tourist-arrivals-through-partnerships-with-tour-operators,-airlines
      editor3 days ago
      0 9

      Egypt eyes higher Italian tourist arrivals through partnerships with tour operators, airlines

      Egypt’s Minister of Tourism and Antiquities, Sherif Fathy, held a series of high-level meetings with leading Italian tour operators and airline executives during his official visit to Rome and Milan, aiming to strengthen cooperation and increase tourist arrivals from the Italian market. The meetings focused on expanding joint promotional campaigns, organizing familiarization trips for Italian tour operators, media representatives, and…

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    • Tourismegypt,-italy-deepen-tourism-ties-as-arrivals-surge-15%
      editor3 days ago
      0 10

      Egypt, Italy deepen tourism ties as arrivals surge 15%

      Italian tourist arrivals to Egypt rose by 15% from January through the first week of June 2026 compared to the same period last year, underscoring the resilience of Egypt’s tourism sector despite regional challenges. During his official visit to Rome and Milan, Egypt’s Minister of Tourism and Antiquities, Sherif Fathy, met with Pier Ezhaya, President of the Italian Association of…

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    • Tourismnew-jabal-al-tayr-discovery-reshapes-understanding-of-early-egyptian-funerary-architecture
      editor3 days ago
      0 11

      New Jabal Al-Tayr discovery reshapes understanding of early Egyptian funerary architecture

      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…

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    • Tourismafrican-tourism-board-appoints-two-egyptians-to-executive-leadership-roles
      editor3 days ago
      0 15

      African Tourism Board appoints two Egyptians to executive leadership roles

      The African Tourism Board (ATB) has announced the appointment of two Egyptians to its executive leadership team, with Ambassador Ramy Waheed named Chief Executive Officer (CEO) and Ambassador Nancy Abdelhadi named Chief Operating Officer (COO). The appointments were ratified as part of the organization’s executive restructuring, aimed at strengthening its operational capacity and advancing its mission of promoting tourism, investment,…

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