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Egypt plans to add approximately 2,500 megawatts of renewable energy capacity to the national electricity grid before next summer, according to a presidency statement issued following a high-level meeting chaired by President Abdel Fattah Al-Sisi.

The meeting was attended by Prime Minister Mostafa Madbouly, Minister of Electricity Mahmoud Esmat, and Minister of Petrole...


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Military confrontation between the United States and Israel on one side and Iran on the other entered a fifth consecutive day, with attacks spreading across several Gulf states and heightening fears of a broader regional war.

U.S. President Donald Trump said American and Israeli strikes had “destroyed almost everything” inside Iran. Iran’s ambassador to the United Nati...


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CI Capital Holding announced its financial results for 2025, reporting consolidated revenues of EGP 10.2bn and net profit after tax and minority interest (NPATM) of EGP 1.6bn.

The group’s on-balance sheet lending portfolio expanded by 28% year-on-year (y-o-y) to EGP 27.8bn, while return on average equity (RoAE) stood at 21.3%. Excluding foreign exchange effects, normal...


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Unilever Egypt has launched Knorr’s Ramadan 2026 campaign, “Knorr 7aletha”, aiming to engage more than 10 million Egyptians during the holy month through a consumer-led initiative that links everyday cooking to direct meal donations.

In addition to Knorr’s ongoing meal preparation and distribution programmes supporting vulnerable communities, the campaign introduces a ...


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Minister of Transport Kamel Al-Wazir toured Alexandria to review progress on the rehabilitation and modernisation of the historic Raml Tram, a flagship national project aimed at upgrading urban mobility and easing traffic congestion across the coastal city.

The 13.2-kilometre line, comprising 24 stations, including 5.7 km at grade, 7.3 km elevated, and 276 metres under...


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