Minister of Foreign Affairs, International Cooperation, and Egyptian Expatriates Badr Abdelatty condemned in the strongest terms the targeting of the vicinity of the Barakah Nuclear Power Plant in the UAE. This came during a phone call held on Sunday, May 17, 2026, between the Minister of Foreign Affairs of Egypt and the Deputy Prime Minister …
The post FM deplores targeting of vicinity of UAE’s Barakah Nuclear Power Plant appeared first on Egypt Independent.

Minister of Culture Gihane Zaki stressed the importance of expanding cultural cooperation between Egypt and Islamic countries during her visit to Kazan. Zaki took part in the 14th Conference of Culture Ministers of the Organization of Islamic Cooperation, held under the theme “Dialogue of Civilizations.” She also attended the opening ceremony of “Kazan Capital of …
The post Egypt calls for stronger cultural cooperation with Islamic countries appeared first on Egypt Independent.

Ollin Mortgage Finance, a subsidiary of GlobalCorp, has finalized its second mortgage securitization bond issuance worth EGP 3.31bn, following approval from the Financial Regulatory Authority (FRA). The issuance was executed under the company’s third securitization program and structured across three tranches to appeal to diverse investor segments. The first tranche totaled EGP 1.6bn with a […]
The post GlobalCorp secures Egypt’s largest mortgage securitization at EGP 3.31bn first appeared on Dailynewsegypt.

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has launched the “Egyptian Cotton Festival” initiative in cooperation with Cairo Governorate and in collaboration with the Egyptian Marketing Studies Foundation, aiming to support micro, small and medium enterprises (MSMEs) and production clusters operating across Egypt’s cotton value chain. The initiative seeks to help businesses establish […]
The post Egypt launches initiative to support cotton-based SMEs, strengthen production clusters first appeared on Dailynewsegypt.

    The Professional Squash Association (PSA) World Championships concluded at Giza’s Palm Hills Club in Egypt on Saturday, 16 May, with two thrilling all-Egyptian finals that showcased both the depth of Egyptian squash and the intensity of competition at the sport’s highest level. In the women’s final, Amina Orfi overcame eight-time world champion Nour El Sherbini in a marathon 1 hour and 46 minutes of play which was reportedly the longest women’s match in PSA World Championship history. After dropping the opening set 6-11, Orfi won the second 11-6 and took the third 11-9 to shift momentum in a match that carried the weight of a potential record ninth world title for El Sherbini.  El Sherbini regrouped in the fourth, winning 7-11, and the match was then pushed into an intensely deciding fifth set which Orfi then won 14-12. Orfi became the youngest player in history to claim the women’s world title and, at just 18 years old, also became the first player to hold both the junior and senior world titles at the same time.  In an interview after the match, Orfi described being “speechless” and emphasized theContinue reading "Orfi Stuns El Sherbini and Asal Defends His Title at the PSA World Championships"
The post Orfi Stuns El Sherbini and Asal Defends His Title at the PSA World Championships first appeared on Egyptian Streets.

Egypt’s Ministry of Transport announced on 14 May a 50 percent fare discount on the East Nile Monorail’s first phase, beginning Friday, 15 May, as the government attempts to draw citizens toward visiting the new administrative capital east of Cairo. The discount, which applies every Friday, Saturday, and on official public holidays, will run for three months. Officials framed the move as an effort to ease traffic congestion and offer commuters a modern, affordable alternative to the capital’s notoriously gridlocked roads. The monorail, one of the flagship infrastructure projects of Egypt’s ambitious new capital, connects 16 fully equipped stations, among them Mosque of Al-Fattah Al-Aleem, the Government District, and the City of Arts and Culture, serving a city that President Abdel Fattah Al-Sisi has championed as a symbol of national renewal. The ministry said existing discounted fares for senior citizens over 60, and people with disabilities would remain unchanged, as would all subscription plans, weekly, monthly, and quarterly, which already carry discounts of up to 50 percent off the standard ticket price. Officials noted that subscription holders pay roughly a quarter of equivalent private transport costs. The East Nile MonorailContinue reading "Egypt Cuts Monorail Fares by Half to Lure Riders to New Capital"
The post Egypt Cuts Monorail Fares by Half to Lure Riders to New Capital first appeared on Egyptian Streets.

The European Bank for Reconstruction and Development (EBRD) is evaluating a financing package of up to $70 million for the Nubia Benban solar project in Aswan, with board approval anticipated in mid-June, according to an EBRD press release. The proposed funding will be provided to Nefer Benban for Renewable Energy, a company jointly owned by […]
The post EBRD Considers $70 Mn Finaning for Nubia Benban Solar Project first appeared on Egypt Oil & Gas.

A delegation from Egypt’s Natural Gas Vehicles Company (Cargas) visited  Nigeria to explore expansion opportunities into the Nigerian market and participate in national initiatives aimed at expanding compressed natural gas (CNG) utilization and “Transferring the company’s expertise and pioneering experience in this field, ” noted a statement by the Ministry of Petroleum and Mineral Resources (MoPMR). The […]
The post Cargas Explores Nigerian Market for CNG Expansion first appeared on Egypt Oil & Gas.