(EFID.CA on the Egyptian Exchange) announced that its distribution arm, Edita Trade & Distribution (ETD), has entered a strategic partnership with Shift EV to introduce electric trucks into its nationwide fleet, marking a major step toward more sustainable logistics operations. Shift EV brings technical expertise and experience in electrifying commercial fleets in Egypt, offering solutions that enable companies to convert and operate electric vehicles while delivering measurable operational and environmental benefits. Commenting on the partnership, Alfred Younan, CEO of Edita Trade & Distribution, said:“This partnership with Shift EV represents a natural evolution of our logistics platform as we continue to scale and modernize our operations. We are proud to partner with Shift EV as a 100% homegrown company with the capabilities and experience needed to electrify commercial fleets. “The integration of electric vehicles enhances our operational efficiency and sustainability while strengthening our ability to support future growth,” Younan said.

Former negotiators who represented the US and Iran told CNN that despite the tensions, an agreement between the countries remains achievable if the Islamic Republic offers firm guarantees to suspend its nuclear program. Rob Malley, a former US official who was a lead negotiator on the 2015 Iran nuclear deal, told CNN that a “short-term, fragile arrangement” is theoretically possible – one that could give both sides “a victory.”Under the agreement with the Obama administration, Iran’s uranium enrichment and number of centrifuges were limited without completely eliminating the program. “Iran’s current negotiations are centered on survival and the preservation of its territorial integrity and national sovereignty. In this regard, Iran will under no circumstances bargain away its defensive deterrence capabilities,” Mousavian said. Malley added, “Of course, whether President Trump is open to a nuclear-only deal, or will insist that it covers ballistic missiles, Iran’s regional partners, or even its domestic policies, is a whole other matter.”

During the meeting, Esmat reviewed key performance indicators for each generation company, progress in implementing operational plans, unit readiness levels and emergency response frameworks. Discussions also addressed procedures for bringing generation units online and offline in a manner that ensures optimal efficiency and stability across the unified national grid. Esmat stressed the importance of continuing efforts to rationalise fuel consumption, enhance production quality and improve the overall efficiency of power plants. He further emphasised the need for daily monitoring of unified grid reinforcement projects and generation plans aimed at reducing fuel usage. Esmat affirmed that improving operational performance, maximising returns on fuel used in electricity generation and upgrading service standards remain key performance benchmarks at all levels of the sector.

443 of 2026 appointing Hamdy Mahmoud Badawi as Assistant to the Chairperson of the Financial Regulatory Authority (FRA). Badawi brings more than 26 years of experience in criminal investigations and the fight against financial crime. After joining the FRA, Badawi headed the Anti-Money Laundering and Counter Terrorism Financing. He later supervised the Central Administration for Oversight of Insurance Sector Professionals and served as Deputy Assistant to the Chair. In these capacities, he contributed to strengthening supervisory frameworks and enhancing compliance and governance systems across the non-banking financial sector.

The Financial Regulatory Authority (FRA) has issued a new decision setting out detailed requirements and conditions for licensing futures brokerage activity, marking a further step in completing the legislative and regulatory framework governing Egypt’s derivatives market. The framework is designed to ensure that futures brokerage activity is conducted in line with the highest standards of governance, transparency and institutional discipline. Under the new rules, companies applying for a futures brokerage licence must have issued and fully paid-up capital of no less than EGP 50m, or its equivalent in foreign currency, paid in cash. Companies already licensed to conduct futures brokerage at the time the decision enters into force are granted a three-month grace period to regularise their status. Overall, the decision reflects the FRA’s strategic direction towards establishing a well-regulated and efficient futures market, supported by robust governance standards and advanced risk management tools.

Egypt will implement its largest-ever gas drilling programme in the Mediterranean in 2026, Minister of Petroleum and Mineral Resources Karim Badawi said on Tuesday during an inspection of Shell’s new offshore operations. Dalia El Gabry, Chair of Shell Egypt, said the company has entered a new phase of its Mediterranean drilling plans for 2026. She noted that the strategy aims to accelerate the development of the West Meina field while continuing exploratory drilling for new resources. Shell’s current four-well programme includes the West Meina 1 and West Meina 2 wells in the North East Amriya area. The programme also involves drilling the “Sirius” exploration well to evaluate a gas reservoir in shallower waters in North East Amriya.

Egypt’s Foreign Minister Badr Abdelatty and Minister of Water Resources and Irrigation Hani Sewilam met Kenyan President William Ruto during an official visit to Kenya to advance strategic cooperation in water management, security, investment and regional stability, according to a statement from Ministry of Foreign Affairs of Egypt. Abdelatty said Egypt looks forward to convening the eighth session of the Egyptian-Kenyan Joint Committee later this year in Cairo. On Nile water security, Abdelatty stressed the importance of cooperation among Nile Basin countries based on mutual benefit and consensus. Sewilam said Egypt stands ready to expand technical cooperation with Kenya in groundwater drilling, rainwater harvesting dams, modern irrigation systems and capacity-building programmes. He also expressed Cairo’s support for Kenya’s efforts to enhance water infrastructure and climate resilience.

The traditional Ramadan lantern may transform from handcrafted brass into LED lights, and the mesaharati may be replaced by a smartphone alarm. Here is where Ramadan intersects with what I call the “governance of meaning.” Governance should not be confined to laws, regulations, and institutional structures. The issue is proportion and purpose: does the market serve meaning, or is meaning instrumentalized to serve the market? Societies do not collapse only under economic or political crises; they weaken when their shared meaning erodes. True governance is not measured by the number of decisions issued, but by our ability to steward meaning.

The Egypt Healthcare Authority (EHA) has successfully performed the first two transcatheter pulmonary valve implantations (TPVI) under the country’s Universal Health Insurance system at Al-Nasr Specialised Hospital in Port Said, the authority announced in a statement. The procedures, which cost more than EGP 1m each outside of the insurance scheme, were provided free of charge to the patients. Ahmed El-Sobky, Chairperson of the Egypt Healthcare Authority, said the successful operations represent an “unprecedented qualitative leap” in specialised medical services provided by the state. The procedures were carried out by the only medical team in Africa certified to perform transcatheter pulmonary valve transplantations. The Egypt Healthcare Authority noted that the TPVI technique is one of the most precise medical interventions globally.

Commercial International Bank (CIB) has been named the best bank for sustainable finance in Africa for 2025, an achievement recognised on Tuesday at a ceremony attended by Central Bank of Egypt (CBE) Governor Hassan Abdalla. The central bank said the award reflects progress by the Egyptian banking sector in integrating environmental, social, and governance (ESG) standards into credit and financing policies. These measures are intended to support state efforts toward sustainable development and the transition to a green economy. Also in attendance were EGX Chairperson Islam Azzam, CIB Chief Executive Officer and board member Hisham Ezz Al-Arab, and Assistant CBE Governor Mohamed Abu Moussa. The delegation further included CIB Deputy CEO and board member Amr El-Ganainy, alongside a group of leaders from the financial and banking sectors.

Egypt’s media leadership agreed on Tuesday to a new coordination framework aimed at enhancing national awareness and combating rumours, following directives from President Abdel Fattah al-Sisi to provide a professional discourse for all segments of society. Minister of State for Information Diaa Rashwan met with Khaled Abdel Aziz, head of the Supreme Council for Media Regulation (SCMR), Abdel Sadiq El-Shorbagy, head of the National Press Authority (NPA), and Ahmed El-Muslimani, head of the National Media Authority (NEA), at the ministry’s headquarters. Representing the government to public opinion, explaining policies, correcting misinformation, and coordinating between media entities. National Press Authority (Law 179 of 2018): Managing and developing state-owned press institutions, ensuring their independence, neutrality, and efficient economic performance. National Media Authority (Law 178 of 2018):Managing public media institutions to provide television, radio, and digital broadcasting and production, as well as related engineering services.

The Egyptian Organization for Standardization and Quality (EOS), affiliated with Egypt’s Ministry of Industry, has signed a Memorandum of Understanding (MoU) with Tabseer to enhance regional cooperation in conformity assessment, training and environmental sustainability services. Soufi added that EOS is steadily advancing towards becoming a regional centre of excellence in standardisation and conformity assessment. He said Tabseer aims to broaden its regional footprint through institutional partnerships that contribute to industrial development and assist companies in meeting technical and regulatory requirements across different markets. Under the MoU, the two sides will cooperate in issuing product conformity certificates in accordance with Saudi Arabia’s SABER system, as well as procedures related to obtaining the Saudi Quality Mark. The agreement also provides for joint training programmes, participation in local and international events, and qualification services for companies seeking carbon and water footprint certifications.

Egypt’s Health Minister Khaled Abdel Ghaffar has issued a ministerial decree replacing the schedules attached to the country’s anti-drug law, implementing a recent constitutional court ruling on the legality of previous amendments. 44 of 2026 follows a Feb. 16 ruling by Egypt’s Supreme Constitutional Court, which found some earlier procedures for modifying drug schedules unconstitutional. The ministry said the move aims to clarify legislative and executive authority over updating lists of narcotic drugs and psychotropic substances in line with constitutional principles and the rule of law. It added that the decision seeks to strengthen pharmaceutical and security oversight of controlled substances based on recent scientific and legal developments, supporting efforts to curb drug abuse and illicit trafficking. The ministry reaffirmed its commitment to implementing court rulings and maintaining a legal framework that balances strict drug control measures with constitutional compliance.

Rahmi stated that the agency is working to implement directives from Prime Minister and MSMEDA Chairman Mustafa Madbouly to consolidate cooperation with Arab counterparts. He noted that the objective is to share expertise in development and economic programmes related to employment and job creation. The Sudanese delegation’s visit aimed to review the Egyptian experience in supporting and developing micro, small, and medium enterprises. The Sudanese delegation visited the agency’s Cairo regional office to observe field services and “one-stop shop” mechanisms, which include procedures for obtaining financing. The delegation also conducted field visits to small projects benefiting from MSMEDA services to assess the developmental impact and competitiveness of these enterprises.

The conference’s annual report, titled “Under Destruction,” did more than document global anxiety; it articulated a structural warning. Its central argument suggests that the world has entered an era in which international politics is driven by strategic demolition rather than incremental reform. It would be reductive, however, to describe the current moment as an outright collapse of the international order. The 2026 Munich Security Conference did not deliver a definitive verdict on the future of the international system. The central question is no longer whether the international order will change, but how far it will shift, at what cost, and who will ultimately bear the burden of that transformation.