Trump warns Iran’s supreme leader should be ‘very worried’
US President Donald Trump warned Iran’s supreme leader should be “very worried,” as both sides prepare for their first formal negotiations since the US bombed Tehran’s nuclear program last year. Iran’s military has warned that any attack would be met with an immediate and decisive response, including strikes on US forces and assets in the region. “I would say he (supreme leader Ayatollah Ali Khamenei) should be very worried. Trump also said he had been informed that Iran was looking to revive its nuclear program at alternative sites. Related article The night Iran went dark: Witness accounts reveal violence inflicted during Iran’s internet blackout“There was total obliteration.
Source:Egypt Independent
February 05, 2026 09:39 UTC
Egypt’s Meteorological Authority forecasts gradual warming trend
The Egyptian Meteorological Authority (EMA) has released the latest weather forecast for Cairo and the rest of the nation, indicating a gradual increase in temperatures across most regions. The country will experience extremely cold conditions in the early morning, transitioning to warm weather during the day and returning to cold temperatures at night. Authorities have issued a weather warning effective from late night until nine am, citing the development of dense water fog on several primary roads. This fog is expected to impact routes leading to and from Northern Egypt, Greater Cairo, Upper Egypt, the Canal cities, and Central Sinai, significantly reducing horizontal visibility. Temperatures in Cairo are expected to peak at 24C during the day before dropping to a low of 18C at night, creating a sharp contrast between summer-like daytime warmth and winter-like nocturnal chills.
Source:Egypt Independent
February 05, 2026 09:39 UTC
Fears of nuclear arms race rise as US-Russia treaty expires
The expiration of the last remaining nuclear treaty between the United States and Russia on Thursday has sparked fears about a nuclear arms race, with the two biggest nuclear superpowers without limits on their arsenals for the first time in decades. Though some experts argue the limitations of the New START treaty were outdated and unnecessarily constrained the US, especially when China is looking to expand its nuclear arsenal. We don’t benefit from potential miscommunication or miscalculation based on a lack of information,” said Paul Dean, a former assistant secretary of state for arms control, deterrence, and stability. Some experts suggest such action is needed to reassure allies who might be tempted to build their own nuclear arsenals. So they didn’t actually do it, but they said that they’ve done everything that if the Trump administration decided to go in that direction, the department would be prepared,” Kroenig said.
Source:Egypt Independent
February 05, 2026 09:39 UTC
Egypt and Turkey sign military agreement in Cairo
Egypt and Turkey signed a military cooperation agreement on Wednesday in Cairo, in the presence of Egyptian President Abdel Fattah al-Sisi and his Turkish counterpart Recep Tayyip Erdoğan, RT Arabic reported. Following a high-level meeting in the Egyptian capital, both leaders witnessed the signing of several cooperation agreements, headlined by a military framework agreement between both governments. The agreement was signed by Egypt’s Minister of Defense, General Abdel Megeed Saqr, and Turkey’s Minister of Defense, Yaşar Güler. President Sisi received his Turkish counterpart at Al-Ittihadiya Palace on Wednesday afternoon. During the official reception ceremony, the national anthems of both Egypt and Turkey were played, and both presidents reviewed the Guard of Honor.
Source:Egypt Independent
February 05, 2026 09:39 UTC
GAFI participates in Egypt-Türkiye Business Forum to boost economic partnership
He made the remarks during GAFI’s participation in the Egypt-Türkiye Business Forum, held under the theme “Economic Opportunities for a Strategic Partnership”. The forum brought together senior government officials and business leaders from both countries and was attended by around 400 Egyptian and Turkish companies, underscoring the depth of economic ties between Cairo and Ankara. He added that Egypt is translating positive economic indicators into tangible outcomes by offering bankable investment opportunities and fostering a business-friendly environment. This approach, he said, aims to generate genuine investment opportunities and support shared economic growth benefiting both the Egyptian and Turkish peoples. The forum was held as part of Egypt’s efforts—led by the Ministry of Investment and Foreign Trade and GAFI—to support economic partnership with Türkiye.
Source:Daily News Egypt
February 04, 2026 18:49 UTC
Egypt-Türkiye trade exchange reaches $6.8bn in 2025: CAPMAS
Trade exchange between Egypt and Türkiye rose to $6.8bn in 2025, up from $6.6bn in 2024, according to data released by the Central Agency for Public Mobilisation and Statistics (CAPMAS). Egyptian exports to Türkiye amounted to $3.2bn in 2025, compared with $3.4bn the previous year, while imports from Türkiye rose to $3.6bn from $3.2bn in 2024. CAPMAS said Egypt’s main exports to Türkiye during the year included ready-made garments worth $389m, plastics and articles thereof valued at $317m, electrical machinery and equipment worth $301m, iron and steel valued at $290m, and fertilisers worth $255.4m. Turkish investments in Egypt reached $175.1m in the 2024/2025 financial year, up from $165m in 2023/2024, while Egyptian investments in Türkiye rose to $74m from $54m over the same period, according to the agency. Remittances from Egyptians working in Türkiye increased to $69.7m in 2024/2025, compared with $32.3m a year earlier, while remittances from Turks working in Egypt rose to $11.1m from $9.4m.
Source:Daily News Egypt
February 04, 2026 18:33 UTC
Majd El Qassem: Music saves me; ‘Shou Helou’ brings joy back to scene
Today, El Qassem returns with a new mini album, “Shou Helou”, a project rooted in optimism and designed to restore a sense of joy at a time when listeners are increasingly drawn to uplifting music. Why did you choose the title “Shou Helou” for your new mini album? “Shou Helou” is a very simple phrase, yet it carries a strong positive energy. The album also benefited from strong digital momentum—songs like “Shou Helou” and “Sanet Full” gained traction on TikTok and Instagram, helping me reach a new generation of listeners. I want to be remembered as an honest artist; someone who stayed faithful to his voice, his music, and his audience.
Source:Daily News Egypt
February 04, 2026 17:59 UTC
CBE governor, IMF chief discuss economic reform programme at Arab Public Finance Forum
Hassan Abdalla, Governor of the Central Bank of Egypt, met with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), to discuss the progress of Egypt’s economic reform programme and the country’s latest macroeconomic indicators. The forum was organised by the UAE Ministry of Finance in collaboration with the AMF and the IMF as part of the 2026 World Governments Summit. Participants included Mohamed bin Hadi Al Hussaini, UAE Minister of State for Financial Affairs, as well as several Arab central bank governors, finance ministers, and representatives from regional and international financial institutions. The event aimed to review a decade of Arab fiscal dialogue and establish priorities for the coming period. Key areas of focus included fiscal reform, development finance, public spending efficiency, and the integration of digital transformation and advanced technologies in the management of financial institutions.
Source:Daily News Egypt
February 04, 2026 17:07 UTC
Egypt discusses water infrastructure projects, Kitchener Drain development with EBRD
Egypt’s Minister of Water Resources and Irrigation Hani Sewilam met officials from the European Bank for Reconstruction and Development (EBRD) on Wednesday to discuss strengthening cooperation on water and sustainable infrastructure projects, the ministry said. According to the statement, discussions reviewed ongoing cooperation, including the rehabilitation of the Kitchener Drain, as well as projects under preparation, notably the upgrading of pumping stations across Egypt and the rehabilitation of the Rasheed coastal wall. Sewilam highlighted progress under the Kitchener Drain water quality improvement project, noting that required environmental studies have been completed, while dredging, weed removal and embankment rehabilitation works are currently underway. The ministry said several bridges along the drain have already been replaced or renovated, with further works in progress. In parallel, equipment is being procured to measure water flows and monitor water quality, with additional technical studies being conducted in coordination with the EBRD.
Source:Daily News Egypt
February 04, 2026 16:43 UTC
IFC to invest $1.2bn in Egypt during FY2026
The International Finance Corporation (IFC) plans to invest around $1.2bn in Egypt during the current fiscal year 2026, up from $915m in the previous fiscal year, according to Cheick Oumar Sylla, IFC Director for North Africa and the Horn of Africa. He explained that IFC’s current investments in Egypt are distributed across several key sectors aligned with sustainable growth objectives. Infrastructure, renewable energy, and transport projects follow, collectively representing 32% of total investments and supporting Egypt’s long-term development needs. In addition to direct investments, the IFC provides advisory services valued at $27m to support strategic priority areas in Egypt. Green building initiatives make up 4% of advisory services, while programmes supporting gender equality account for 2%, highlighting the institution’s focus on inclusive and sustainable economic growth.
Source:Daily News Egypt
February 04, 2026 16:42 UTC
Egypt, Sweden discuss expanding healthcare cooperation, digital transformation
Egypt’s Minister of Health and Population Khaled Abdel Ghaffar met a delegation of Swedish healthcare company representatives, led by Sweden’s Minister for Health Elisabeth Laan, to explore ways to strengthen bilateral cooperation and expand healthcare and investment partnerships, the health ministry said. The meeting, held at the ministry’s headquarters in Egypt’s New Administrative Capital, underscored the depth of strategic relations between the two countries. Abdel Ghaffar expressed Egypt’s ambition to deepen collaboration with Sweden through technology transfer and the exchange of expertise to improve the quality of healthcare services. In addition, the two sides discussed cooperation opportunities in digital health, including unified electronic medical records, telemedicine solutions, AI-driven clinical decision-support tools, and frameworks for health data governance, security and sustainability. Senior officials from the Egyptian Drug Authority, the Unified Procurement Authority and the health ministry attended the meeting, according to the statement.
Source:Daily News Egypt
February 04, 2026 16:32 UTC
FRA, CBE discuss boosting support for small businesses, women entrepreneurs
The Financial Regulatory Authority (FRA) held a coordination meeting with the Central Bank of Egypt (CBE) to discuss mechanisms for strengthening cooperation to raise financial inclusion levels and expand access to financial services, as well as to advance programmes supporting small businesses and the economic empowerment of women. Participants also reviewed strategies to advance financial inclusion by integrating financially excluded groups into the formal financial system, ensuring that financial services reach eligible beneficiaries efficiently and equitably. Women’s economic empowerment featured prominently, with discussions centred on facilitating women entrepreneurs’ access to finance and providing the technical and advisory support needed to establish and scale their businesses. The meeting further addressed financial awareness and education, highlighting the importance of strengthening efforts to raise awareness of financial rights and promote a culture of saving and safe investment. Representatives from the FRA and the CBE said the enhanced coordination aims to increase financial inclusion rates, broaden the base of beneficiaries, and strengthen financial awareness and literacy through data exchange, while safeguarding users’ rights, mitigating financial risks, and supporting Egypt’s vision of a digital and inclusive economy.
Source:Daily News Egypt
February 04, 2026 16:32 UTC
Britain, Canada, and China: Trump’s Tariff Strategy and the Fracturing West - Dailynewsegypt
Rather, it signalled a deeper shift in how the United States is managing its relationships with its closest allies. While his warning to London remained largely political in tone, his message to Canada was unmistakably punitive. Within this framework, international relations are not measured by the depth of alliances but by immediate calculations of gain and loss. China, in Trump’s view, is not simply a rising economic competitor; it represents a structural threat to American dominance—across technological leadership, control of global supply chains, and even the rules governing international trade. The United States may extract short-term tactical concessions, but at the risk of undermining the trust that has sustained its alliances for decades.
Source:Daily News Egypt
February 04, 2026 16:32 UTC
MAG Group expands Africa footprint through mining, infrastructure projects
The agreements cover projects in infrastructure, mining, as well as medical and development sectors, as part of broader efforts to strengthen economic cooperation between Egypt and African markets. Mohamed Atta Gad, Chairperson of MAG Group, said the company operates through an integrated economic model that combines mining, industry, logistics, trade, infrastructure, and food production. In the mining sector, Atta Gad said MAG Group signed an agreement with the Republic of Chad granting the company a concession to extract and develop economically valuable minerals. MAG Group said it has developed an integrated operating system covering land, sea, and air transport, supported by customs clearance, risk management, and cargo insurance services. MAG Group currently operates across Egypt, Sudan, Libya, Chad, several West African countries, Saudi Arabia, and the UAE.
Source:Daily News Egypt
February 04, 2026 16:07 UTC
Egypt to issue $2 billion in international bonds during 2025-2026 fiscal year
Egyptian Finance Minister Ahmed Kouchouk announced on Tuesday that the ministry plans to issue two billion dollars in international bonds during the second half of the current 2025-2026 fiscal year. He added that favorable financing is available from long-term development partners on concessional terms, starting in the second half of this year. During the “Financial Technology Conference: The Road to Investment Inclusion,” Kouchouk said that this is part of the ministry’s plan to keep total issuances below four billion dollars annually, aiming to reduce the budget’s debt by approximately one to two billion dollars per year. The second half of the year will also see the issuance of retail bonds to citizens, broadening the investor base and diversifying the available instruments. Kouchouk added that private investment increased by 73 percent during 2025, explaining that the decline in inflation and the reduced risk level of Egyptian bonds issued abroad contributed to the increased demand.
Source:Egypt Independent
February 04, 2026 14:53 UTC