Egypt

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 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.

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.

Egyptian PM welcomes Kuwaiti counterpart at Cairo airport

October 30, 2025 Ahmed Hassan

Egyptian Prime Minister Mostafa Madbouly welcomed his Kuwaiti counterpart Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah at Cairo International Airport on Wednesday evening, October 29, 2025. The Kuwaiti leader arrived heading a high-level delegation, and the two are set to co-chair an expanded meeting tomorrow to discuss mutual concerns. An official reception ceremony was held in the presence of Egyptian and Kuwaiti officials.

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 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's al-Mashat to discuss challenges at FII9 in Riyadh

October 28, 2025 Ahmed Hassan

Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has arrived in Saudi Arabia for the Ninth Edition of the Future Investment Initiative (FII9) Conference. Themed 'The Key to Prosperity,' the event is taking place at the King Abdul Aziz International Conference Center in Riyadh until October 30. Al-Mashat will address global challenges and public-private partnerships.

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.

China unveils pure solid gold amid investment debate

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.