Agreement with Egypt’s ITIDA to create more than 1,000 jobs and expand technology and consulting exports The company selects Egypt as offshoring business grows, underpinned by skilled talent and engineering depth Cairo, Egypt, July 3, 2026 — EY Middle East and North Africa (EY MENA) has launched a regional consulting and technology hub in Egypt, …
The post EY MENA Launches Regional Consulting and Technology Hub in Egypt appeared first on Egypt Independent.

“Ayatollah,” an Arabic term meaning “sign of God” or “divine sign,” is a senior clerical title in Twelver Shiite Islam typically reserved for scholars who have spent decades studying and teaching Islamic jurisprudence and theology in seminaries. An ayatollah is generally regarded as a mujtahid — a jurist qualified to use independent legal reasoning and …
The post What the title “Ayatollah” means in Iran’s leadership and politics appeared first on Egypt Independent.

In line with the Ministry of Finance’s efforts to remove procedural obstacles and facilitate company establishment, Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that amendments to certain provisions of the Unified Tax Procedures Law (Law No. 206 of 2020) include the introduction of a temporary tax card valid for eight months, […]
The post Temporary tax card to be issued for 8 months to facilitate business establishment, licensing procedures: ETA CEO first appeared on Dailynewsegypt.

Banks operating in Egypt recorded combined net profits of EGP 218.410bn during the first quarter (Q1) of 2026, according to a report published on Sunday by the Central Bank of Egypt (CBE). The report showed that net interest income reached EGP 284.472bn, while net operating income totalled EGP 306.121bn. Total expenses amounted to EGP 87.711bn. […]
The post Banks operating in Egypt post EGP 218.4bn in net profits in Q1 2026 first appeared on Dailynewsegypt.

The economic misdemeanor court in Alexandria has sentenced physician Omnia Sweidan today on 4 July to six months in prison with hard labor, suspended for three years, after convicting her of publishing false news related to Alexandria University’s Shatby Hospital. The court also imposed a fine of EGP 20,000 (USD 405) and ordered Sweidan to pay legal expenses. She was acquitted of a second charge of using an electronic account to commit the alleged offense, while the related civil case was referred to the competent civil court. The case arose after social media posts and subsequent media coverage alleged ethical and professional violations at Shatby Hospital, a teaching hospital affiliated with Alexandria University. According to the Public Prosecution, the investigation was launched after authorities reviewed the circulated claims and received a complaint from the Director of Legal Affairs at Alexandria University Hospitals, who stated that the hospital had received no complaints from patients regarding the alleged incidents. Prosecutors said a technical examination identified Sweidan as the owner of the social media account that published the posts. During the investigation, Sweidan acknowledged publishing the post under scrutiny. She told prosecutors thatContinue reading "Court Sentences Physician Omnia Sweidan to Suspended Six-Month Prison Term Over Shatby Hospital Posts"
The post Court Sentences Physician Omnia Sweidan to Suspended Six-Month Prison Term Over Shatby Hospital Posts first appeared on Egyptian Streets.

For decades, Egypt has largely been promoted through images of its ancient monuments. The Pyramids of Giza, the Sphinx, and the Nile have long dominated postcards, travel campaigns, and international perceptions of the country. Yet scroll through Instagram, watch DJ Snake’s recent Cairo Express music video, or browse the work of photographers and fashion brands shooting in the Egyptian capital, and a different version of Cairo begins to emerge. Instead of historic landmarks, the focus is often on crowded streets, ageing apartment buildings, cafés spilling onto sidewalks, microbuses weaving through traffic, Arabic shop signs, and the movement of the city itself. What many residents experience as ordinary has increasingly become part of Cairo’s visual identity. According to a 2012 study published in the International Journal of Sustainable Built Environment, Cairo’s streets and public spaces are more than physical infrastructure; they are central to the city’s social life, shaping everyday interactions, community participation, and residents’ sense of belonging. These spaces are closely intertwined with Cairo’s identity rather than existing separately from it.  The growing interest in everyday urban life reflects a shift in the kinds of places that inspire creative work.Continue reading "How Cairo’s Chaos Became Part of Its Appeal"
The post How Cairo’s Chaos Became Part of Its Appeal first appeared on Egyptian Streets.

Egypt stepped up efforts to attract foreign investment in its energy and mining sectors, as Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty and Minister of Petroleum and Mineral Resources Karim Badawi discussed opportunities and recent developments in both sectors. Abdelatty stressed the need to enhance energy security and diversify supply sources, amid ongoing […]
The post Egypt Pitches Energy, Mining Investment Opportunities to Foreign Diplomats first appeared on Egypt Oil & Gas.

Seven core members of OPEC+ have agreed to implement a crude oil production adjustment of 188,000 barrels per day (bbl/d) for August 2026, according to a release by the Organization of the Petroleum Exporting Countries (OPEC). OPEC+ is an alliance between the core OPEC and a broader group of non-OPEC oil-exporting countries. The decision follows […]
The post OPEC+ Approves 188,000 bbl/d Output Increase for August 2026 first appeared on Egypt Oil & Gas.