Egypt

Israeli sources: Remains returned by Hamas not those of missing hostages

October 28, 2025 Ahmed Hassan

Israeli sources say the remains handed over by Hamas to Israel on Monday night do not belong to any of the missing deceased hostages. Forensic examination confirmed they are not among the 13 unaccounted-for hostages in Gaza. Prime Minister Benjamin Netanyahu is set to discuss Israel's potential response.

Al-Ahram Chemicals invests $10m in Sokhna formaldehyde derivatives complex

October 29, 2025 Ahmed Hassan

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone, witnessed the signing of a contract between Al-Ahram Chemicals and Resins and the Main Development Company to build an industrial complex for formaldehyde and derivatives in Sokhna Industrial Zone. The $10m investment is expected to create 150 direct jobs. Commercial operations are set to start in early 2027.

Cbe governor attends future leaders graduation at ebi

Hassan Abdalla, governor of the Central Bank of Egypt and chairperson of the Egyptian Banking Institute, attended the graduation ceremony for four new cohorts of the Future Leaders programme at the EBI. The event included deputy governors and board members, marking the graduation of 93 young banking professionals. Abdalla expressed pride in the programme, launched three decades ago to nurture sector talent.

Egypt urges ceasefire in sudan as eu denounces rsf brutality after el-fasher capture

As fighting escalates in sudan and the rapid support forces seize el-fasher—the last sudanese army stronghold in darfur—regional and international calls for action intensify amid reports of mass atrocities against civilians. Egypt reaffirmed its support for the sudanese people and pushed for a ceasefire and humanitarian truce to enable aid access. The european union strongly condemned the rsf's brutal actions, warning of an impending humanitarian catastrophe.

Investment minister sees GEM opening as milestone in cultural and economic progress

Minister of Investment and Foreign Trade Hassan al-Khatib stated that the opening of the Grand Egyptian Museum (GEM) coincides with a notable boom Egypt is experiencing across all domains, creating positive global momentum toward Egypt. He emphasized this event's alignment with Egypt's leadership in global affairs and economic improvements.

Egypt brokers African consensus on AfCFTA rules of origin after four years

October 29, 2025 Ahmed Hassan

Egypt, as Chair of the AfCFTA Ministerial Council of Trade Ministers, has secured consensus among member states on rules of origin for the textile, apparel, and automotive sectors. The breakthrough, achieved through a transitional implementation mechanism, follows more than four years of negotiations. It was announced after a Cairo meeting in September and an October virtual session.