Government plans EGP 2.7trn in local debt issuances in Q3 FY2025/2026
Under the plan, the CBE will conduct 106 tenders during the quarter, including 52 treasury bill tenders worth EGP 2.15trn, 48 treasury bond tenders valued at EGP 519bn, and six sukuk tenders totalling EGP 34bn. Treasury bills will include EGP 325bn with a 91-day maturity, EGP 530bn with a 182-day maturity, and EGP 615bn with a 273-day maturity. In addition, 364-day treasury bills worth EGP 680bn are scheduled to be issued during the quarter. On the bond side, the government plans to issue two-year treasury bonds worth EGP 151bn, including EGP 35bn with variable interest rates. Three-year bonds worth EGP 271bn are also planned, including EGP 9bn with variable returns, alongside five-year bonds valued at EGP 97bn, of which EGP 16bn will carry variable returns.
Source:Daily News Egypt
January 24, 2026 19:03 UTC
Abdelatty urges Israeli withdrawal, Sudan ceasefire in calls with Guterres and Mladenov
Egyptian Foreign Minister Badr Abdelatty called for a full Israeli withdrawal from Gaza, the deployment of an international stabilisation force, and an immediate humanitarian truce in Sudan during separate calls with UN Secretary-General António Guterres and Gaza Representative Nickolay Mladenov. Regarding the conflict in Sudan, the Egyptian minister advocated for the establishment of safe humanitarian corridors and a Sudanese-owned political process. Mladenov commended Egypt’s decision to join the Peace Council, noting Cairo’s diplomatic weight as a vital asset for regional stability. Abdelatty also underscored the necessity of ensuring the unhindered, sustainable flow of humanitarian aid into Gaza and providing a secure environment for international relief organisations. The parties agreed to maintain intensified consultations to support long-term peace in the region.
Source:Daily News Egypt
January 24, 2026 19:03 UTC
Egypt explores investment opportunities with Uber, Olayan and UPL
Minister of Investment and Foreign Trade Hassan El Khatib held a series of high-level meetings with executives from major international firms to review investment opportunities across key sectors of the Egyptian economy. During a meeting with Uber’s Global Chief Operating Officer Andrew Macdonald, El Khatib discussed the company’s operations in Egypt and its expansion plans in smart transportation and technology. El Khatib highlighted Uber’s role in supporting the smart transport ecosystem, creating income opportunities for thousands of drivers, and generating direct employment through its customer service centres. El Khatib also met with Olayan Group Chief Operating Officer Saleh Merghany to discuss current and future investment opportunities in Egypt and review the group’s strategy for developing its business locally and regionally. During the meeting, El Khatib outlined Egypt’s national strategy, led by President Abdel Fattah Al Sisi, to achieve food security.
Source:Daily News Egypt
January 24, 2026 18:42 UTC
Egypt, Philippines discuss expanding agricultural market access
Minister of Agriculture and Land Reclamation Alaa Farouk has met a high-level Philippine delegation to discuss prospects for expanding bilateral agricultural cooperation and removing barriers to agricultural exports between the two countries. During the meeting, Farouk stressed the strategic importance of opening the Philippine market to Egyptian agricultural products, particularly table potatoes, grapes, onions and garlic. He said these measures would help accelerate trade in agricultural and animal-origin products between the two sides. The meeting also reviewed recent progress in bilateral trade, including Egypt’s completion of procedures allowing Philippine durian to enter the Egyptian market. The Philippine side further expressed interest in exporting additional high-quality agricultural products, including bananas, pineapples, mangoes and coconuts.
Source:Daily News Egypt
January 24, 2026 18:29 UTC
Egypt steps up work on high-speed train network
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir has conducted an extensive inspection tour to review progress on the first line of Egypt’s High-Speed Train network. The inspection tour included a review of industrial works across the project corridor, encompassing bridges, tunnels, culverts and waterways. This section of the line comprises eight main track bridges, 26 crossing bridges, 226 culverts and two tunnels. Most of the track bridges have been completed and handed over to the executing consortium to begin ballast spreading, sleeper installation and full track works. Al-Wazir stressed that the High-Speed Train represents a national milestone, as it will interconnect all regions of the country.
Source:Daily News Egypt
January 24, 2026 18:13 UTC
Arab Puppetry Forum concludes in Cairo following multi-year hiatus
The return of the Arab Puppetry and Dolls Forum to Cairo after a multi-year hiatus confirms Egypt’s position as a hub for arts and cultural awareness, Culture Minister Ahmed Fouad Hanno said on Friday. The fifth edition of the Arab Puppetry and Dolls Forum, which ran from Jan 21 to Jan 23, was organised by the Arab Theatre Institute in cooperation with the Egyptian Ministry of Culture. Hanno stated that the forum’s success is a direct extension of the results achieved during the 16th Arab Theatre Festival. Honours and RecognitionDuring the closing ceremony, Ismail Abdullah, Secretary-General of the Arab Theatre Institute, recognised the efforts of several key figures and officials who contributed to the event’s success. In a reciprocal gesture of appreciation, Jendoubi presented commemorative shields to Ismail Abdullah and Osama Mohamed Ali for their roles in advancing the Arab artistic movement.
Source:Daily News Egypt
January 24, 2026 17:06 UTC
Iran warns of ‘total war’ as US carrier strike group nears Middle East
Iran warned on Friday it would treat any military strike as “total war” and has placed its armed forces on high alert as a US carrier strike group and thousands of troops approach the region. Trump reiterated warnings to Tehran against the killing of protesters or the resumption of its nuclear programme. The arrival of the carrier group adds approximately 5,700 personnel to the US regional footprint. Rapidan Energy Group placed the likelihood of a strike within the coming weeks at 70%. The current tension follows US strikes on Iranian nuclear facilities in June 2025, which were met with an Iranian volley of 12 missiles against Al-Udeid air base in Qatar.
Source:Daily News Egypt
January 24, 2026 17:04 UTC
Egypt, Japan to co-chair environmental track at UN Water Conference 2026
Egypt and Japan have secured the joint chairmanship of the third interactive dialogue track at the United Nations Water Conference 2026, titled “Water for Planet”, Egypt’s Ministry of Water Resources and Irrigation said on Saturday. The ministry said the track will focus on protecting ecosystems and biodiversity, restoring the natural water cycle, and enhancing resilience to climate change and water scarcity, in line with Sustainable Development Goal 6 on clean water and sanitation. Minister of Water Resources and Irrigation Hani Sewilam said the achievement reflects sustained institutional coordination between the water ministry and the Ministry of Foreign Affairs. Sewilam added that Egyptian-Japanese cooperation on water and climate issues has evolved into a model partnership, building on previous collaboration during the UN Water Conference 2023. The UN Water Conference 2026 will be jointly hosted by the United Arab Emirates and Senegal and is scheduled to take place in the UAE in December 2026, according to the statement.
Source:Daily News Egypt
January 24, 2026 16:28 UTC
Africa FDI drops one-third in 2025 despite Egypt’s resilience as top host: UNCTAD
Global foreign direct investment (FDI) rose 14% to an estimated $1.6trn in 2025, though growth was concentrated in developed economies while Africa saw inflows plummet by approximately one-third. African Regional TrendsFDI flows to Africa were marked by significant volatility and regional disparities. Global TrendsThe data centres sector accounted for one-fifth of global greenfield project values, surpassing $270bn. The boom in renewable energy projects appeared to “run out of steam,” with global values in this sector dropping by 28%. In developed economies, FDI rose 43% to $728bn.
Source:Daily News Egypt
January 24, 2026 16:28 UTC
Protecting coastal waters remains a national priority, says Egypt’s acting Environment Minister
Egypt is continuing the implementation of monitoring and follow-up programmes for coastal water quality across its shores to assess the environmental status of the water, the Ministry of Environment said on Saturday. The periodic monitoring of coastal water quality is conducted in cooperation with the Institute of Graduate Studies and Research at Alexandria University and the National Institute of Oceanography and Fisheries. According to Awad, the programmes involve periodic measurements and analyses of physical, chemical, and biological water quality indicators. The ministry added that the monitoring programmes rely on the latest scientific methods and modern technologies for sample collection and data analysis. By providing decision-makers with accurate and reliable information, the ministry aims to support the protection of coastal ecosystems and the preservation of marine biodiversity.
Source:Daily News Egypt
January 24, 2026 16:28 UTC
NBE’s corporate finance, syndicated loans portfolio reaches around EGP 4.8trn in 2025
Soha El-Turky, Deputy CEO of the bank, said NBE’s corporate finance and syndicated loans portfolio reached around EGP 4.8trn in 2025, representing growth of nearly 18% compared to 2024. Syndicated loansEl-Turky added that the National Bank of Egypt remains the largest bank financing syndicated loans in the Egyptian banking market. The National Bank of Egypt participated in 23 issuances with a total value of EGP 70bn, with the bank’s share amounting to EGP 14bn. Financing directed towards environmental and social projects reached approximately EGP 428.8bn by end-September 2025. The awards also recognise the bank’s prominent role in financing sustainable banking transactions, environmental initiatives, and best practices in managing green finance.
Source:Daily News Egypt
January 24, 2026 16:10 UTC
NSB launches ‘Sanad’ savings certificate with 18% annual return
Nasser Social Bank (NSB) has announced the launch of a new one-year “Sanad” savings certificate, offering an annual return of 18% paid yearly, or 17% paid monthly, as part of its efforts to provide highly competitive returns in the banking market. She noted that NSB continues to develop its savings instruments in line with current economic requirements, balancing both social and economic objectives. The three-year certificate offers an annual return of 18.25% paid yearly, or 16.75% paid monthly, with the aim of supporting decent living standards for elderly citizens. These are in addition to a three-year certificate with an 18% annual return, 17% paid quarterly, or 16.5% paid monthly, as well as the continued availability of the “Yom Beyom” account, which offers a cumulative daily return of 11.75%. He stressed that these offerings are part of Nasser Social Bank’s broader strategy to expand access to banking services, widen the beneficiary base, support the state’s sustainable development goals, and strengthen social protection.
Source:Daily News Egypt
January 24, 2026 16:00 UTC
United Bank launches Doctors’ Financing Product to support healthcare sector
The United Bank has announced the launch of a dedicated Doctors’ Financing Product aimed at supporting physicians and strengthening the healthcare system by helping to establish and expand clinics and medical centres, as well as enhance the efficiency of healthcare services provided to citizens. Targeting doctors across all specialisations nationwide, the product caters to both early-career physicians and those seeking to expand existing clinics, establish medical centres, or upgrade medical facilities. This initiative reinforces the United Bank’s role as a developmental, economic and social partner committed to improving the quality and sustainability of the healthcare sector. The Doctors’ Financing Product offers flexible and competitive financing solutions, featuring an interest rate of 5%, repayment periods of up to seven years, and simplified procedures tailored to the nature of medical practice and its operational and investment requirements. Against this backdrop, The United Bank has moved to help narrow this gap and improve efficiency in addressing the challenges facing this vital sector.
Source:Daily News Egypt
January 24, 2026 16:00 UTC
China’s top general under investigation in latest military purge
Beijing AP — The Chinese military’s top general is being investigated for suspected serious violations of discipline and law the Defense Ministry said Saturday. Zhang Youxia, the senior of the two vice chairs of the powerful Central Military Commission, is the latest figure to fall in a long-running purge of military officials. Analysts believe the purges are designed both to reform the military and to ensure loyalty to Chinese leader Xi Jinping, who also chairs the military commission. Another member of the commission, Liu Zhenli, has also been placed under investigation by China’s ruling Communist Party, a Defense Ministry statement said. The Communist Party expelled the other vice chair of the commission, He Weidong, last October and replaced him with commission member Zhang Shengmin.
Source:Egypt Independent
January 24, 2026 15:08 UTC
The night Iran went dark: Witness accounts and video reveal violence inflicted during Iran’s internet blackout
Those heading to the protests were expecting violence, but what transpired that evening went beyond what they had imagined. It was the twelfth day of nationwide unrest, yet the atmosphere at demonstrations remained upbeat and determined – at least initially. “Life was normal in the morning, but at night everyone was out for the protests.” CNN is using a pseudonym for her and other protesters quoted in this piece for their safety. As protesters rallied in more than 100 cities across the country after nightfall, Iran went dark. Blood-covered streetsOther videos show blood-covered streets, protesters lying motionless with apparent gunshot wounds, green laser dazzlers designed to disorient crowds, the sound of semi-automatic gunfire, and screams.
Source:Egypt Independent
January 24, 2026 14:44 UTC