PM, Finance Minister discuss progress of IMF review process
Prime Minister Mostafa Madbouly underscored the importance of maintaining a balanced reform path that takes into account social dimensions, while continuing measures to support growth, stimulate the private sector and enhance the efficiency of public spending. Madbouly made the remarks during a meeting on Wednesday, February 11, 2026, with Finance Minister Ahmed Kouchouk to follow up on the latest developments in cooperation between Egypt and the International Monetary Fund (IMF), following the swearing-in of new ministers before President Abdel Fattah al-Sisi as part of the recent cabinet reshuffle. The meeting was held as part of efforts to ensure continued coordination with international partners and to support the state’s drive to achieve economic stability and advance the reform process. During the meeting, the finance minister reviewed the latest developments in the ongoing review process and the status of implementing commitments agreed upon under the cooperation program with the IMF. He also discussed key macroeconomic indicators, particularly public finance developments, debt management, foreign currency inflows and efforts to improve the investment climate.
Source:Egypt Independent
February 12, 2026 16:19 UTC
Tutankhamun Wall of Knowledge event held in Berlin
The “Tutankhamun Wall of Knowledge” event and the “Tutankhamun, the Golden Pharaoh” documentary were launched at the Egyptian Cultural Office in Berlin as part of cooperation between the Bibliotheca Alexandrina and the higher education ministry to promote Egyptian civilization through modern interactive digital tools. The initiative, held under the patronage of Bibliotheca Alexandrina Director Ahmed Zayed and head of the cultural relations sector at the Ministry of Higher Education Ayman Farid, aims to present Egypt’s ancient heritage to German and international audiences in an engaging, technology-driven format. The project features interactive displays and augmented reality technology, with content translated into German for schools and cultural institutions. The initiative supports digital cultural tourism and reflects joint efforts to promote Egyptian culture globally. The documentary, produced by Bibliotheca Alexandrina’s Center for Documentation of Cultural and Natural Heritage, offers a visually immersive exploration of King Tutankhamun’s treasures and ancient Egyptian civilization.
Source:Egypt Independent
February 12, 2026 16:10 UTC
US troops to Nigeria will avoid combat, focus on training, military says
Abuja, Nigeria Reuters — Nigeria’s military said on Wednesday that about 200 US Nigeria’s military said on Wednesday that about 200 US troops due to arrive in the coming weeks would not take part in combat action and that Nigerian forces would retain full control over all security decisions. This followed comments from a US official on Tuesday that the Pentagon planned to deploy the troops to train Nigerian forces fighting Islamist militants, weeks after President Donald Trump ordered against what he described as Islamic State targets. “These personnel do not serve in a combat capacity and will not assume a direct operational role,” Uba said. Overlapping security crisesWashington has stepped up pressure on Nigeria after Trump accused the West African nation of failing to protect Christians from Islamist militants in the northwest. Nigeria rejects allegations of religious persecution, saying its security forces target armed groups that attack both Christians and Muslims.
Source:Egypt Independent
February 12, 2026 15:02 UTC
Ancient stone tablet stolen from Saqqara tomb, authorities on high alert
Egypt’s Administrative Prosecution has issued a series of orders following investigations into the theft of an ancient stone tablet from the ‘Khentika’ tomb in the Saqqara archaeological site, Giza Governorate. In a statement released on Wednesday, the Prosecution announced it has ordered a comprehensive follow-up on all technical reports related to the incident. A team conducted an extensive inspection of the tomb in Saqqara on Wednesday morning as part of the legal proceedings. The Khentika tomb, dating back to the Old Kingdom, had been utilized as an antiquities storehouse for the Teti Cemetery. A technical committee has been commissioned to examine the tomb, accompanied by a security detail from the Tourism and Antiquities Police.
Source:Egypt Independent
February 12, 2026 14:55 UTC
Egypt’s Dar al-Ifta to sight Ramadan crescent next Tuesday
Egypt’s Dar al-Ifta has announced the upcoming sighting of the crescent moon for the upcoming holy month of Ramadan. In an official statement, the Dar al-Ifta said: “We are now just one week away from Ramadan. By God’s will, the sighting of the crescent moon will take place next Tuesday.”“Prepare your hearts to welcome this blessed guest. May Allah allow us and you to reach the month and grant us the strength for fasting and night prayers.”Dar al-Ifta further clarified: “The official announcement regarding the crescent sighting and our celebration of the arrival of Ramadan will be broadcast live on our page. Stay tuned.”
Source:Egypt Independent
February 12, 2026 14:42 UTC
Egypt braces for Thursday’s atmospheric instability and sandstorms
The Egyptian Meteorological Authority has issued a warning regarding a period of atmospheric instability expected from Friday through Tuesday. The peak of the unsettled weather is forecast for Friday, characterized by strong winds reaching speeds of 50 to 60 km/h. These winds are expected to trigger sandstorms and dust, potentially reducing horizontal visibility to less than 500 meters in certain areas. While a significant rise in temperatures is anticipated nationwide, sporadic rainfall of varying intensity is also expected across the northwestern coast and the northern Delta. Temperatures in Greater Cairo on Thursday will range between a maximum of 26C and a minimum of 17C.
Source:Egypt Independent
February 12, 2026 14:37 UTC
EgyptAir refutes allegations of employee data breach
EgyptAir has addressed recent allegations circulated by certain media outlets and social media platforms regarding an alleged data leak involving the company’s employees. The company emphasized that no breaches or data leaks have been detected, and no indicators of cyber-attacks have appeared on employee-related systems. All data is continuously secured by a specialized firm in the field of digital and cybersecurity. It confirmed that all Human Resources and employee data are stored on mainframe servers within the company’s primary Data Center. This information is protected by rigorous security protocols and systems implemented in accordance with the highest protection standards approved by the company.
Source:Egypt Independent
February 12, 2026 14:32 UTC
Egypt’s Foreign Minister heads to Ethiopia for AU Summit
Minister of Foreign Affairs, International Cooperation, and Egyptian Expatriates, Badr Abdelatty, departed for Addis Ababa on Wednesday evening to lead Egypt’s delegation at the 48th Ordinary Session of the Executive Council and the 39th Ordinary Session of the Assembly of the African Union. During the visit, the minister is scheduled to hold several bilateral meetings with his African counterparts and senior African Union officials. The talks aim to bolster joint African action in support of sustainable development, the AU’s Agenda 2063, and the African Continental Free Trade Area. Furthermore, the Foreign Minister will chair the Ministerial Meeting of the Peace and Security Council regarding developments in Sudan and Somalia, held under the Egyptian Chairmanship of the Council. This reflects Egypt’s steadfast commitment to supporting peace, security, and stability across the continent, safeguarding state sovereignty and territorial integrity, and preserving national institutions in accordance with the Constitutive Act of the African Union and the priorities of joint African action.
Source:Egypt Independent
February 12, 2026 14:24 UTC
How Trump failed in his latest bid to weaponize justice
The lawmakers’ warning to the troops that started the showdown came in the form of a social media video that tipped Trump into a rage. But it emerged on Tuesday that federal prosecutors in Washington had failed to convince a grand jury to indict the lawmakers. The attempt was the latest blatant example of Trump’s authoritarian bent and weaponizing of the DOJ. Others worried the video created new political complications for military officers already walking a tightrope with the Trump administration. Numerous people considered by Trump to be enemies are under investigation, including ex-special counsel Jack Smith and California Sen. Adam Schiff.
Source:Egypt Independent
February 12, 2026 13:42 UTC
Ramadan drama marathon: Generational clash ignites 2026 season
Written by Hany Sarhan and directed by Mohamed Bekir, the series co-stars Sherif Mounir, Caroline Azmy, and Ahmed Ghazy. Karim Mahmoud Abdel AzizKarim Mahmoud Abdel Aziz joins the Ramadan lineup with “El Maitre Samir,” a social comedy in which he plays a lawyer navigating the complexities of family court following his divorce. Youssef El-SharifAfter several years away from Ramadan drama, Youssef El-Sharif returns with “Fan Al Harb,” playing “Ziad,” a man determined to recover his family’s stolen fortune. Ahmed Abdel AzizVeteran actor Ahmed Abdel Aziz returns to leading roles with “El Bakht,” a social drama written and directed by Hossam Moussa. Maged El-MasryMagdy El-Masry takes on his first absolute leading role in Ramadan drama with “Awlad El Raaey,” written by Remon Magar and directed by Mahmoud Kamel.
Source:Daily News Egypt
February 11, 2026 18:05 UTC
FRA mandates consumer finance firms to insure clients against death, permanent disability
28 of 2026, consumer finance companies are required to insure clients who obtain financing up to the age of 65 against the risks of death from any cause and total permanent disability. The decision also permits coverage for clients over the age of 65, subject to agreement between the insurance company and the consumer finance provider. The decision further obliges life insurance and capital formation companies to adopt a unified insurance contract template to cover clients of consumer finance firms. Insurance companies and consumer finance firms have been granted a six-month grace period to regularise their positions in line with the new requirements. The unified contract stipulates that the consumer finance company will act as the policyholder, while the life insurance company will act as the insurer.
Source:Daily News Egypt
February 11, 2026 17:59 UTC
Strong expectations of 1-2% cut in EGP interest rates at CBE’s first meeting of 2026
For this reason, some analysts prefer to wait for additional confirmation that the disinflation trend is firmly entrenched before proceeding with another rate cut. Current economic dataSeparately, banking expert Shaimaa Wagih expects the CBE to cut interest rates by between 1% and 1.5% at its meeting on Thursday, arguing that current economic indicators support such a calibrated move. Higher borrowing costsPersistently high interest rates, Wagih said, have significantly increased borrowing costs for companies and the private sector, affecting expansion, investment and production decisions. A 1-1.5% rate cut, she said, would generate tangible fiscal savings that could be redirected towards public investment and enhanced social protection. Exchange-rate stability and improved pound performance – supported by non-resident portfolio inflows – reduce the risks associated with cutting interest rates.
Source:Daily News Egypt
February 11, 2026 17:30 UTC
Al-Sisi oversees swearing-in of new ministers following cabinet reshuffle
Egyptian President Abdel Fattah Al-Sisi on Wednesday oversaw the swearing-in of a deputy prime minister, several ministers and deputy ministers following a cabinet reshuffle, according to a presidential statement. The presidency said a presidential decree also abolished the Ministry of Public Business Sector, with the prime minister tasked with issuing the necessary implementing decisions. He also underlined the role of media in raising public awareness, countering misinformation, and supporting reform efforts in the public interest. On Tuesday, Egypt’s House of Representatives approved the cabinet overhaul during an emergency session convened after receiving a communication from President Al-Sisi. The changes included the reinstatement of the Ministry of Information and the appointment of 14 new ministers across key portfolios, marking significant structural adjustments to the government.
Source:Daily News Egypt
February 11, 2026 17:30 UTC
Egypt, Kuwait discuss strengthening tourism cooperation
Egypt’s Minister of Tourism and Antiquities, Sherif Fathi, met with Kuwait’s Minister of State for Communications and Information Technology, Omar Saud Al-Omar – who also serves as Acting Minister of Information and Culture and Chair of the UN Tourism Regional Commission for the Middle East – on the sidelines of the 52nd meeting of the Commission, held in Kuwait. During the meeting, Fathi expressed his sincere appreciation for the warm reception and the strong organisation of the 52nd session of the UN Tourism Regional Commission for the Middle East. He praised the opening ceremony as spectacular, saying it reflected Egypt’s historic depth and cultural stature. The two ministers reaffirmed the deep-rooted and longstanding ties between Egypt and Kuwait and discussed ways to strengthen bilateral cooperation, particularly in the areas of museum management and benefiting from Egypt’s expertise in restoration and heritage conservation. Fathi also reviewed the Ministry’s ongoing efforts to enhance the overall tourism experience in Egypt.
Source:Daily News Egypt
February 11, 2026 17:29 UTC
Egypt explores healthcare cooperation with Türkiye at global health event in Dubai
Egypt’s Healthcare Authority Chairperson Ahmed El-Sobky discussed prospects for expanded healthcare cooperation with Türkiye during a visit to the Turkish pavilion at the World Health Expo (WHX 2026) in Dubai, as part of broader efforts to strengthen bilateral ties. According to a statement from the Authority, El-Sobky reviewed a range of innovations showcased at the pavilion, including digital health solutions, advanced diagnostic systems, medical imaging technologies, and integrated healthcare platforms designed to enhance clinical decision-making and improve patient experience. He said potential areas of cooperation with Türkiye include technology transfer and the localisation of medical industries in Egypt, as well as professional training and knowledge exchange across hospitals and healthcare centres to reinforce domestic healthcare capabilities. El-Sobky added that collaboration would also extend to medical tourism, supporting Egypt’s “We Care for You in Egypt” initiative, which aims to attract international patients and further improve the quality and competitiveness of healthcare services. The World Health Expo (WHX), formerly known as Arab Health, is one of the world’s largest healthcare platforms, bringing together policymakers, healthcare leaders, investors and major companies to showcase innovations in medical technology, artificial intelligence and digital health solutions.
Source:Daily News Egypt
February 11, 2026 17:29 UTC