Egypt

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

29 октября 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.

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.

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

28 октября 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.

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.

China unveils pure solid gold amid investment debate

30 октября 2025 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.

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.