“Nawal’s Treasure”: Villa Heist Uncovers Massive Hidden Wealth in Egypt’s Ruling Elite

Home/Reports/“Nawal’s Treasure”: Villa Heist Uncovers Massive Hidden Wealth in Egypt’s Ruling Elite Watan-At a time of official austerity and public appeals for citizens to “tighten their belts,” the robbery of Nawal El-Degwi’s villa—an academic …

Hot Weather Prevails across Egypt on Tuesday, Cairo 31°C

Tue 20 May 2025 | 08:16 AM The Egyptian Meteorological Authority (EMA) predicts hot weather will prevail in most of the country during Tuesday’s daylight hours. Moderately warm weather is also expected to hit the North Coast, while South Sinai and the …

Egypt-Lebanon Trade Surges to $1 Billion in 2024 with 44% Export Growth

CAIRO - 19 MAY 2025: Data from Egypt’s Central Agency for Public Mobilization and Statistics revealed a significant increase in trade between Egypt and Lebanon in 2024. Egyptian exports to Lebanon rose by 43.8% to reach $762.8 million, while imports from …

European Parliament agrees on financial aid to Egypt worth €4 bln in loans

Representatives from Parliament and the Polish presidency of the Council have secured a provisional agreement on providing Egypt with macro-financial assistance (MFA) to support its economy, according to a press release on the official website of the …

Arab Parl't Offers Condolences to Egypt Over Military Training Aircraft Crash

Microbuses in Egypt to End Service on Ring Road in Days

  The Ministry of Transport announced on Sunday, May 18, that microbuses will be gradually prohibited from using the Ring Road in Greater Cairo. The ban is a key component of the ongoing Bus Rapid Transit (BRT) system rollout, which is set to improve …

Egypt’s Sylndr Secures $15.7M Series A for Expansion

Used-car marketplace Sylndr has raised $15.7 million in a Series A equity round to expand its nationwide operations and deepen its automotive services in Egypt. The round was led by Development Partners International (DPI) Venture Capital via the Nclude …

Egypt, EC and European Parliament agree on macro-financial assistance

20 may 2025 - 09:12:46 MA/AR 189 Views Panafrican News Agency Brussels, Belgium (PANA) – The European Council has reached a provisional agreement with the European Parliament about a decision to grant €4 billion of macro-financial assistance (MFA) to …

FM affirms Egypt’s appreciation of strategic partnership with US

CAIRO, May 18 (MENA) – Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty on Sunday affirmed Egypt’s appreciation of the long-standing strategic partnership with the US since more than four decades, serving shared interests in …

PM: SE Wiring Systems Egypt giant edifice

Prime Minister Mostafa Madbouly on Tuesday, May 20, 2025 said that SE Wiring Systems Egypt, a subsidiary of Sumitomo Electric Systems Europe located in the 10th of Ramadan City, represents a massive industrial milestone. Spanning an area of 150,000 square …