TMG overhauls Egypt’s industrial blueprint to break import dependency
It represents the first physical output of a strategic pivot in Egypt’s industrial landscape. This shift from importer to manufacturer is the cornerstone of a new initiative led by Talaat TMG. The Shift to Industrial Localisation and Currency StabilityThe initiative, led by TMG, establishes an integrated industrial framework alongside the AOI and Schindler to manufacture elevators locally. This dual-track strategy—pairing heavy industrial investment with social protection—is a central pillar of TMG’s current corporate narrative. The group argues that true economic resilience requires both a robust industrial base and a secure social foundation.
Source:Daily News Egypt
February 17, 2026 11:32 UTC
While MAGA faces challenges at home, Rubio seeks to export it abroad
This explains Secretary of State Marco Rubio’s mission this week to bolster Hungary’s pro-Russia Prime Minister Viktor Orbán ahead of April’s general election. Hungarian Prime Minister Viktor Orbán attends a joint press conference with US Secretary of State Marco Rubio in Budapest, Hungary, on Monday, February 16. He’s had good relations with British Prime Minister Keir Starmer, and sometimes Macron, despite being closer ideologically to Reform and the National Rally. And he’s friendly with Italy’s populist Prime Minister Giorgia Meloni despite her strong support for the European Union that he disdains. Last week, he escalated his campaign for the lifting of the criminal threat over his friend Israeli Prime Minister Benjamin Netanyahu.
Source:Egypt Independent
February 17, 2026 11:32 UTC
Gaza’s ceasefire threatens to shatter due to Israel’s mounting violations
Nearly a month after the US announced the start of the second phase of the Gaza Strip ceasefire, signs are mounting that the agreement is threatening to collapse. Israeli violations and mounting list of casualties continues almost daily, while international condemnation of Israel’s decision to annex West Bank land is escalating. Israel hampers operation of the Rafah crossingHamas said in a statement on Monday that Israel is committing a “blatant violation” of the Rafah crossing’s operating mechanisms stipulated in the ceasefire agreement, accusing it of “systematic violations” against people returning to the Gaza Strip. Doctors Without Borders announced that it has been unable to deliver any aid or humanitarian supplies to Gaza Strip since the beginning of this year, despite the ceasefire agreement. Indonesia further announced its readiness to deploy 1,000 troops to Gaza Strip in early April as part of a multinational peacekeeping force.
Source:Egypt Independent
February 17, 2026 11:32 UTC
PM: Gov’t gives top priority to restructuring economic entities
Prime Minister Mostafa Madbouly said the government gives a top priority to restructuring economic entities during the current phase. Madbouly made the remarks in a meeting with Deputy Prime Minister for Economic Affairs Hussein Eissa on Monday, February 16, 2026, to follow up on the developments on restructuring economic bodies and state-owned companies. For his part, Eissa said work is underway to speed up the restructuring of economic entities. Another meeting is planned with the General Authority for Supply Commodities, which has submitted its development plan. Regarding state-owned companies, Eissa said he is currently reviewing files related to 40 companies proposed for transfer to the Egypt Sovereign Fund, submitted by the unit responsible for restructuring state-owned enterprises.
Source:Egypt Independent
February 17, 2026 11:32 UTC
US increases military pressure on Iran ahead of high-stakes talks
The US military is continuing a significant buildup of air and naval assets in the Middle East ahead of planned talks with Iran in Geneva on Tuesday. Among the potential targets for strikes are the headquarters of the IRGC and other military installations beyond Iranian nuclear sites, according to multiple sources. Those could resemble Operation Midnight Hammer last summer, when the US struck Iranian nuclear sites toward the end of the 12-day Israel-Iran war, they added. They have lobbied for holding off on military action to give diplomacy more time, according to sources familiar with the talks. Iran, meanwhile, held further military exercises less than 24 hours ahead of the Geneva talks.
Source:Egypt Independent
February 17, 2026 11:32 UTC
Russia strikes Ukraine hours before trilateral peace talks in Geneva
Russia launched attacks on Ukraine overnight into Tuesday, Ukrainian authorities said, hours before delegations from both countries were set to join the United States in trilateral peace talks in Geneva, Switzerland. At least two people were killed and 16 wounded by Russian attacks in the past 24 hours, according to a CNN tally of statements from Ukrainian authorities. Nearly 400 drones and 29 missiles of various types were used said Ukrainian President Volodymyr Zelensky. The casualties were reported from various parts of the country, including Kherson, Odesa, Kharkiv, Zaporizhzhia, and the Sumy region. And next week will mark the four-year anniversary of Russia’s full-scale invasion of Ukraine.
Source:Egypt Independent
February 17, 2026 10:37 UTC
Shops across Egypt to modify opening hours during Ramadan
Minister of Local Development and Environment, Manal Awad, who also heads the Supreme Committee for Public Shop Licensing, announced the closing times for shops, restaurants, and cafes during the holy month of Ramadan and Eid al-Fitr. This is an exception to the closing times stipulated in Committee Decision #456 of 2020. According to the decision, shops, malls, restaurants, cafes, and bazaars will close daily at 2:00 AM during Ramadan and the Eid al-Fitr holiday this year, she explained. Takeaway and home delivery services will continue to operate 24 hours a day for restaurants and cafes. The minister ordered executive bodies across the nation to ensure the implementation of the decision throughout the holy month.
Source:Egypt Independent
February 17, 2026 09:51 UTC
February sees triumph after triumph for Egyptian women in sports
February witnessed a milestone for Egyptian women in sports after champion Basant Hamida won the gold medal in indoor athletics at the Karlsruhe International Athletics Meeting in Germany, achieving an impressive time of 7.97 seconds. Minister Nabil praised Issa’s honorable performance, emphasizing that her achievement is a landmark in the history of Paralympic sports as she became the first Egyptian and Arab player to win a medal at the World Para Badminton Championships. The minister also congratulated the Egyptian Squash Federation, headed by Amina Trabelsi, and champion Nour al-Sherbini, on winning the Windy City Open women’s squash title. This achievement confirms Egypt’s standing in the sport of squash and reflects the efforts exerted by Egyptian champions in their pursuit of excellence, he said. Egyptian champion Safaa Suleiman also won the silver medal at the European Open Judo Championships held in Germany, adding to the national list of achievements for Egyptian judo.
Source:Egypt Independent
February 17, 2026 08:53 UTC
Temperatures across Egypt drop significantly on Tuesday: EMA
The Egyptian Meteorological Authority (EMA) forecasts a drop in temperatures ranging from five to six degrees on Tuesday, with intermittent wind activity across most of the country. Cold weather is expected at night and in the early morning, with warm weather anticipated during the day across most of the country, growing hotter in Upper Egypt. The EMA added that Tuesday’s weather will feature active winds that may stir up sand and dust in exposed areas of Lower Egypt, Greater Cairo, the Suez Canal cities, and the Red Sea Governorate. These winds may reduce horizontal visibility to less than 1,000 meters in parts of the northwestern coast, the Western Desert, and northern and southern Upper Egypt at intermittent intervals. Light rains may fall in scattered and random areas of Greater Cairo, the Nile Delta, the northern coast, Lower Egypt, the Suez Canal cities, the Western Desert, Sinai and Upper Egypt.
Source:Egypt Independent
February 17, 2026 08:53 UTC
Dar al-Ifta observes Ramadan crescent moon on Tuesday
The Egyptian Dar al-Ifta is organizing a large official and public celebration on Tuesday evening at the Grand Hall of the Al-Azhar Conference Center in Nasr City, to observe the crescent moon of the holy month of Ramadan for the Islamic year 1447 AH. Dar al-Ifta announced that the Ramadan crescent observation ceremony for this year will take place at sunset on Tuesday, through seven religious and scientific committees across the governorates. The program accompanying the announcement ceremony will includes religious and media events, in addition to the announcement of the winners of the Dawlat al-Telawa (State of Recitation) competition, in the presence of the Grand Mufti of Egypt, Nazir Ayyad, who will officially announce the sighting of the new moon. Astronomical calculations indicate that Wednesday, February 18, 2026, will be the last day of Shaban 1447, and that the first day of Ramadan, astronomically speaking, will be Thursday, February 19.
Source:Egypt Independent
February 17, 2026 08:53 UTC
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CBE Catalyses Banking Sector’s Shift Toward Sustainable Finance: Governor Abdalla - Dailynewsegypt
alalamelyoum.co Factuality OwnershipIn a step that reflects the continued commitment of the Bank of Egypt to support sustainability and promote financial inclusion, the Bank of Egypt signed a financing agreement with the International Finance Corporation (IFC), a member of the World Bank Group, with the aim of expanding its green portfolio and increasing climate-related assets, as well as promoting financing for the micro, small and medium-sized enterprise sector in Egypt, with a …
Source:Daily News Egypt
February 16, 2026 21:36 UTC
Jupiter Commz Chairman named among Africa PR Week’s Top 10 PR Leaders in Egypt
Salah El Din Aloui, Chairman and Managing Director of Jupiter Commz PR, has been recognized by Africa PR Week as one of the Top 10 Leaders Shaping the Future of Public Relations in Egypt. The annual list highlights communications executives across the continent who are driving innovation, strengthening corporate reputation, and advancing digital-first storytelling. Aloui was selected for his more than two decades of experience in corporate communications and public relations, as well as his role in developing strategic PR models tailored to regional and international markets. His career spans leadership positions across multinational agencies and major investment groups, where he led communications operations across multiple countries and sectors. The recognition underscores his growing influence in shaping Egypt’s communications landscape and contributing to the evolution of the public relations industry across Africa.
Source:Daily News Egypt
February 16, 2026 19:04 UTC
Egypt secures $3.38m Japan-WHO agreement to boost emergency medical services
He added that Egypt’s healthcare system has mobilised extensive resources as part of its humanitarian response. Approximately 63,000 medical personnel, including doctors and nurses, have also been deployed to support emergency operations. He called for sustained global backing to ensure the continuity of healthcare services and to reinforce health system resilience during times of crisis. Ambassador Iwai reaffirmed Japan’s commitment to supporting Egypt’s healthcare sector, particularly in light of the resumption of medical evacuation operations through the Rafah crossing. He said the initiative is designed to enhance the capacity of Egypt’s health system and expand support to beneficiaries including Palestinians, Sudanese nationals and other vulnerable groups.
Source:Daily News Egypt
February 16, 2026 17:23 UTC
Government sets 2:00am closing time for shops during Ramadan, Eid Al-Fitr
Manal Awad, Minister of Local Development and Environment and Chair of the Supreme Committee for Public Establishments Licensing, announced revised closing hours for shops, restaurants and cafés during the holy month of Ramadan and the Eid Al-Fitr holiday, as an exception to the operating hours stipulated under the committee’s Decision No. Awad stated that the decision aims to provide an appropriate atmosphere for citizens during Ramadan while maintaining a balance between economic activity and public order. Under the new regulations, shops and shopping centres, as well as restaurants, cafés and bazaars, will close daily at 2:00am throughout Ramadan and Eid Al-Fitr holiday. However, takeaway and home delivery services for restaurants and cafés will continue 24 hours a day. Awad confirmed that the decision will take effect from next Wednesday and remain in force until the end of the Eid Al-Fitr holiday.
Source:Daily News Egypt
February 16, 2026 17:23 UTC
Al-Sisi swears in new governors, calls for enhanced local service delivery
The ceremony was attended by Prime Minister Mostafa Madbouly and Minister of Local Development and Environment Manal Awad. The reshuffle included the appointment of several new governors across multiple provinces, alongside a number of deputy governors. Following the oath-taking, President Al-Sisi met with the newly appointed officials and underscored the importance of delivering tangible improvements in public services. The president also highlighted the importance of transparency in administrative performance, enhanced coordination with central government institutions and stronger cooperation with investors to stimulate local development. According to the presidency, Al-Sisi urged governors to prioritise key service sectors, including water, sanitation, electricity, education and housing projects.
Source:Daily News Egypt
February 16, 2026 17:10 UTC