Read the latest news from regional and global sources, presenting different voices and perspectives.
Egypt’s textile exports jump to $493mln in 5 months
Zawya
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Egypt’s textile exports increased by 7% year-on-year (YoY) to $493 million during the first five months of 2025, compared to $461 million, according to the Textile Export Council’s statement. Hani Salam, Chairman of Textile Export Council,...
Egypt: Finance Ministry to disburse 50% of exporters' overdue subsidies starting August 7th
Zawya
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Egypt’s Ministry of Finance has begun the executive procedures to disburse 50% of the total overdue payments to exporting companies under the export subsidy program, Finance Minister Ahmed Kouchouk announced. The actual payment will take place on...
Egyptian Institute dismisses Mediterranean Sea anomaly claims as unscientific
Egypt Independent
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July 1, 2025
The head of Egypt’s National Institute of Astronomical and Geophysical Research (NIAGR), Taha Rabeh, has criticized warnings from a marine captain regarding unusual changes in the Mediterranean Sea. In press statements on Tuesday, Rabeh asserted...
Egypt’s auto sales leap by 128% YoY in May
Zawya
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Automotive sales in Egypt hiked by 128% year-on-year (YoY) during May 2025, reaching 14,300 units, according to the Automotive Marketing Information Council (Amic). The Amic report highlighted that the total auto sales surged by 94.8% YoY in the...
Egypt’s NRRA Chief: We Monitor Radiation Levels Around the Clock, Possess Advanced Infrastructure to Ensure Top Safety Standards
Sada Elbalad
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July 1, 2025
Tue 01 Jul 2025 | 02:21 PM Egypt’s Nuclear and Radiological Regulatory Authority (NRRA) is maintaining round-the-clock monitoring of radiation levels nationwide as well as in neighboring regions, according to Dr. Sami Shaaban, Chairman of the...
How Student Vision Is Helping Reshape Egypt’s First Islamic Capital
Al-Fanar Media
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July 1, 2025
(The opinions expressed in this article are those of the author and do not necessarily reflect those of Al-Fanar Media). Through a visionary graduation project, students in the Environmental Architecture and Urbanism (ENVR) programme at Ain Shams...
Egypt's real GDP rises to 4.77% in Q3 FY2024/25
Zawya
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Arab Finance: Egypt’s real gross domestic product (GDP) growth increased to 4.77% in the third quarter (Q3) of fiscal year (FY) 2024/2025, according to an official statement by the Ministry of Planning, Economic Development, and International...
Egypt: EGX shows mixed performance on Monday
Zawya
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Arab Finance: The Egyptian Exchange (EGX) ended Monday’s trading session with a varied note after the EGX30 index declined by 1.05% to 32,857.62 points. The Sharia-compliant index, EGX33 Shariah index, shed 0.60% to 3,436.36 points. Both the EGX70...
Former US envoy urges activation of Egypt-Lebanon gas deal
The National News
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Former US energy envoy Amos Hochstein has urged the US and Lebanon to "activate" a deal to transport gas from Egypt to Lebanon through a pipeline in Syria, after the US lifted sanctions on Damascus. Mr Hochstein on Monday night also called for...
Egypt's non-oil manufacturing sector records 16% growth in Q3 FY2024/25
Zawya
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Arab Finance: The non-oil manufacturing sector maintained its solid growth for the fourth consecutive quarter, hitting 16% during the third quarter (Q3) of fiscal year (FY) 2024/2025, as per a statement by the Minister of Planning, Economic...
Egypt: Badawi reviews Agiba Petroleum’s production performance, plans
Zawya
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Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi has reviewed Agiba Petroleum Company’s plans and latest developments in oil and gas exploration and production, according to a statement. Badawi met with the company's...
Egypt: Middle East Glass Manufacturing unveils $0.1285/share dividends for 2024
Zawya
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Arab Finance: Middle East Glass Manufacturing Company (MEGM) unveiled cash dividends valued at $0.1285 to shareholders for 2024, as per a bourse filing. MEGM will disburse the dividends on July 7th, 2025. Shareholders of record date of July 14th...
Middle Egypt Flour Mills' profits decline by 5% end-May
Zawya
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Middle Egypt Flour Mills (CEFM) reported a net profit of EGP 111.3 million for the fiscal period ending May 31st, 2025, up from EGP 106 million during the same period last fiscal year (FY), according to a disclosure to the Egyptian Exchange (EGX)....
Egypt: Suez Canal’s operations fall 23.1% in Q3 FY2024/25
Zawya
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Arab Finance: Suez Canal activity dropped by 23.1% year on year in the third quarter (Q3) of fiscal year (FY) 2024/2025, as per a statement issued by the Ministry of Planning, Economic Development, and International Cooperation. This is compared...
Egypt’s parliament greenlights additional $1.7bln FY2024/25 budget allocation
Zawya
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Arab Finance: The Egyptian House of Representatives has given its final approval to an additional appropriation of EGP 85 billion for the fiscal year (FY) 2024/2025 budget, as reported by Ahram Gate. The additional allocation comes in light of the...
Egypt: Gemma sees $16mln trading transaction on EGX
Zawya
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Arab Finance: El Ezz Porcelain (Gemma) witnessed a trading transaction valued at EGP 817.920 million, the Egyptian Exchange (EGX) announced on June 30th. The transaction was executed on 34.080 million issued shares. Established in 1989, Gemma has...
Egypt finalizes $900mln debt swap deals with partner countries: Madbouly
Zawya
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Arab Finance: Egypt succeeded in finalizing debt swap agreements at a value exceeding $900 million with partner countries, Prime Minister Mostafa Madbouly announced. Part of the funds were allocated as part of the Nexus of Water, Food, and Energy...
Egypt’s Economy Sees Strong GDP Growth in Q3 Amid Global Challenges
Egyptian Streets
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July 1, 2025
Egypt’s economy has demonstrated recovery by recording a GDP growth rate of 4.77% in the third quarter of the fiscal year 2024/2025 as reported by the Ministry of Planning, Economic Development and International Cooperation on Monday 30 June. This...
Egypt Commits to Green Energy With Major Solar and Wind Projects
Egyptian Streets
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July 1, 2025
Cairo is redrawing the map of its energy future with a USD 1.6 billion (EGP 79.36 billion) handshake sealed with Norwegian developer Scatec to build a 1 gigawatt (GW) solar plant and a wind energy project, beginning an ambitious push toward...
National Museum of Egyptian Civilization Hosts Launch of 5th Global “Hope Giver” Campaign
Sada Elbalad
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July 1, 2025
Tue 01 Jul 2025 | 12:27 PM The Grand Theater at the National Museum of Egyptian Civilization (NMEC) in Fustat welcomed an uplifting event this week with the launch of the fifth edition of the international humanitarian campaign “Hope Giver.” The...