Egypt

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

2025年10月28日(火) 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.

Egypt extends EGP 50bn hotel financing initiative by six months to boost tourism capacity

The Egyptian Cabinet has approved a six-month extension of the EGP 50 billion hotel financing initiative to expand the country's hotel capacity. Ministers of Finance and Tourism announced the decision, effective from October 20, 2025. The move responds to requests from investors seeking to complete ongoing and planned tourism projects.

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

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.

Egypt launches national health tourism platform to become global medical hub by 2030

Egypt's Health and Population Minister Khaled Abdel Ghaffar announced the launch of a National Health Tourism Platform, aiming to position the country among the top 10 global destinations for medical and wellness tourism by 2030. The announcement came during the second meeting of the National Council for Health Tourism, emphasizing efforts to boost Egypt's international healthcare reputation. The digital platform is set to debut in November, streamlining bookings for medical and wellness services.

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

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.

Egypt and Netherlands renew water MoU for coastal protection

Egypt’s Water Resources and Irrigation Minister Hani Sweilam met with Dutch Ambassador to Cairo Peter Mollema to strengthen bilateral ties in water management. The two sides renewed their Memorandum of Understanding for the Egypt-Netherlands High-Level Water Committee, focusing on water resource management and coastal protection. Preparations are underway for a new feasibility study on environmentally friendly beach nourishment techniques to safeguard Egypt’s Mediterranean coastline.

China unveils pure solid gold amid investment debate

2025年10月30日(木) Ahmed Hassan

China has unveiled a new metal called 'Pure Solid Gold' to bolster its status as the world's top gold producer, igniting fierce debate in global gold and jewelry markets. Claimed to have 99.9% purity and high resistance to scratching, Egyptian experts dismiss it as a fake substance unsuitable for investment. Opinions split between viewing it as genuine innovation or a marketing ploy to lower gold prices.

Temperatures dip as autumn settles over Egypt

2025年10月30日(木) Ahmed Hassan

The General Authority of Meteorology released an update on Egypt's weather for Thursday, indicating a general improvement in the atmosphere as autumn settles in. This is accompanied by dropping temperatures, active winds, and low clouds shielding the sun, intensifying the cooler weather. In Cairo, highs reach 28C with lows at 19C.

Egypt assumes INTOSAI presidency as INCOSAI 25 starts in Sharm El-Sheikh

Egypt, represented by the Accountability State Authority (ASA), has officially taken over the presidency of the International Organization of Supreme Audit Institutions (INTOSAI) for a three-year term. The handover ceremony occurred during the opening of the 25th International Congress of Supreme Audit Institutions (INCOSAI 25) in Sharm El-Sheikh under the patronage of President Abdel Fattah Al-Sisi. The event was attended by Prime Minister Mostafa Madbouly, several ministers, and senior officials.