The head of the National Authority for Tunnels, Tarek Goweily, told the Extra News TV channel that trial operations for the high-speed electric train project will begin in October on the section from Ain Sokhna to 6th of October City. He explained that the first line of the project, extending from Ain Sokhna to Marsa …
The post When is the trial operation for Egypt’s high-speed electric train? appeared first on Egypt Independent.

Toronto, Canada —  Geoffrey Hinton, a Nobel Prize-winning computer scientist, took a leap in the 1980s — leaving a well-funded post at Carnegie Mellon University to pursue a little-studied area of machine learning research at the University of Toronto. Four decades later, Hinton and that research paved the way for how modern AI systems function, all …
The post This city is one of the world’s most important AI hubs. It’s not where you’d expect appeared first on Egypt Independent.

The United States plans to propose referring Iran to the UN Security Council over its obstruction of nuclear inspectors, as Tehran announced on Monday that negotiations for a temporary safe transit route in the Strait of Hormuz have reached their final stages while warning against foreign military deployments.   According to a US draft proposal […]
The post US seeks UN Security Council referral for Iran as Tehran claims progress on Hormuz safe transit route first appeared on Dailynewsegypt.

Egypt’s net international reserves rose by $920 million to reach $57.214 billion in August 2026, up from $56.294 billion in July, according to the Central Bank of Egypt (CBE).   The growth was driven by a $1.919 billion increase in the value of gold included in the reserves, which reached $19.058 billion in August compared […]
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Egypt’s trade deficit widened by 58.5 percent in June compared with the previous year, reaching USD 7.5 billion (EGP 382.3 billion) as imports outpaced export growth, according to figures released Monday by the Central Agency for Public Mobilization and Statistics (CAPMAS). In June of 2025, the gap amounted to USD 4.7 billion (EGP 239.6 billion).  On another front, exports climbed 37.4 percent to USD 5 billion (EGP 254.9 billion), up from USD 3.6 billion (EGP 183.5 billion) a year earlier, while imports rose 49.4 percent to USD 12.4 billion (EGP 632.1 billion) from USD 8.3 billion (EGP 423.1 billion), CAPMAS reported in its monthly foreign trade report. Petroleum products drove much of the export growth, more than doubling with a 128 percent increase. Fresh fruit exports rose 77.1 percent, ready-made garments climbed 47.7 percent, and various food preparations increased 36.5 percent. Other categories, however, lagged.  Fertilizer exports fell 12 percent from a year earlier, and pharmaceutical exports declined 13.2 percent. Dried legume exports dropped 42.6 percent, while fresh onion exports slipped 0.4 percent. On the import side, crude oil purchases surged 141 percent, and imports of plastics in primary formContinue reading "Egypt’s Trade Deficit Widens 58.5 Percent as Imports Surge"
The post Egypt’s Trade Deficit Widens 58.5 Percent as Imports Surge first appeared on Egyptian Streets.

“Shemal, yameen. Ehna E-Masryeen!” (“Left, right, we are Egyptians!”) a group of Egyptian fans chant outside Seattle’s iconic Pier 58 stadium. I joined the thousands dressed in red-black-and-white marching from the Central Waterfront to Lumen Field. We were going to war, but it wasn’t a military campaign. We had traded combat fatigues for football jerseys, battle drums for tablas, and helmets for pharaonic headdresses. We, fans of the Pharaohs, were an army of the Egyptian National Football Association. As an Egyptian-American, my parents taught me everything about being Egyptian. They taught me how traffic lines on the road are merely suggestions, how the best communication is done with the hands, and how the secret ingredient in molokhia is the shah’ah (a symbolic gasp). On the night of June 26 in Seattle, during the matches of the 2026 World Cup, standing shoulder to shoulder in a sea of Egyptians chanting “Masr,” (“Egypt”) I understood my parents had given me an Egyptian identity. But, it took marching among thousands of strangers, singing until my voice gave out, to actually feel it. That was the day of Egypt’s final Group Stage match, aContinue reading "Masr! What the World Cup Taught Me About Being Egyptian"
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Egyptian Petrochemicals Company (EPC) produced around 78,000 tons of polyvinyl chloride (PVC) in FY 2025/26 while increasing exports to 24,000 tons as the company expanded sales into African and Latin American markets. The results came during EPC’s general assembly, chaired by Karim Badawi, Minister of Petroleum and Mineral Resources, to approve the company’s FY 2025/26 […]
The post EPC Produces 78,000 Tons of PVC as Exports Reach 24,000 Tons first appeared on Egypt Oil & Gas.

Karim Badawi, Minister of Petroleum and Mineral Resources, said raising the utilization rate of Egypt’s refineries from 66% to 80% will increase reliance on locally refined petroleum products and help reduce the country’s fuel import bill. Badawi made the remarks during Cairo Oil Refining Company’s (CORC) general assembly to approve its FY 2025/26 results. Mahmoud […]
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