International Business News

International Business News Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from International Business News, Magazine, Cairo.

Nabil Fahmy is expected to receive formal approval from Arab leaders at the upcoming summit in Saudi Arabia before begin...
30/03/2026

Nabil Fahmy is expected to receive formal approval from Arab leaders at the upcoming summit in Saudi Arabia before beginning his five-year term in July.

The former foreign minister of Egypt (June 2013 – July 2014) will become the eighth Egyptian to head the Cairo-based regional organization, succeeding Ahmed Aboul Gheit.

This 22-member organization has only once been led by a non-Egyptian—Tunisian Chedli Klibi in the 1980s—during the period when Egypt was suspended after signing a peace agreement with Israel, which broke regional consensus at the time.

In a statement, Fahmy, 75, described the position as a “major responsibility,” highlighting ongoing violations of international law by aggressors who have attacked regional countries and security, as well as prolonged occupations that have prevented people from exercising their legitimate rights.

Prime Minister Mostafa Madbouly said Egypt’s energy import bill surged from $1.2 billion in January to $2.5 billion in M...
30/03/2026

Prime Minister Mostafa Madbouly said Egypt’s energy import bill surged from $1.2 billion in January to $2.5 billion in March, as the regional war drove a sharp increase in global fuel, petroleum, liquefied natural gas, and crude oil prices, prompting the government to roll out fuel-saving measures and broader economic support steps.
During a press conference, Madbouly said Egypt continues to have an abundance of goods in local markets, with prices remaining stable despite mounting regional pressures.

Egyptian President Abdel Fattah Al-Sisi reviewed the government’s fiscal policy priorities for the 2026/2027 budget duri...
26/03/2026

Egyptian President Abdel Fattah Al-Sisi reviewed the government’s fiscal policy priorities for the 2026/2027 budget during a meeting on Tuesday with Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk, according to a presidency statement.

The draft budget targets economic growth of 5.4% and a primary surplus of EGP 1.2trn, reflecting a continued push to balance expansion with fiscal consolidation.

Just days after declaring that a ceasefire made no sense while the United States was “obliterating” its adversary, Presi...
24/03/2026

Just days after declaring that a ceasefire made no sense while the United States was “obliterating” its adversary, President Donald Trump is now talking up the prospect of a deal with Iran — a dramatic shift that is raising hopes of de-escalation even as doubts swirl over how real the diplomacy is.
“They want to settle, and we’re going to get it done,” Trump said Monday in Memphis, projecting confidence that talks were advancing after weeks of intensifying conflict.

May your sacrifices be accepted, and your heart be filled with gratitude✨🙏
18/03/2026

May your sacrifices be accepted, and your heart be filled with gratitude✨🙏

Egypt is spearheading a diplomatic push to activate a Joint Arab Force to counter regional threats following recent esca...
18/03/2026

Egypt is spearheading a diplomatic push to activate a Joint Arab Force to counter regional threats following recent escalation between Iran and the U.S.-Israel axis.

Amid the escalating risks of war that erupted between Iran and Israel by the end of February, Egypt has taken immediate ...
12/03/2026

Amid the escalating risks of war that erupted between Iran and Israel by the end of February, Egypt has taken immediate measures and economic, political and monetary decisions.

As of March 9, 2026, on Day 10 of the U.S.-Israel conflict with Iran, global oil prices have surged over 20%, breaching ...
09/03/2026

As of March 9, 2026, on Day 10 of the U.S.-Israel conflict with Iran, global oil prices have surged over 20%, breaching $100 a barrel following attacks on critical energy infrastructure. Iran has named Mojtaba Khamenei as a successor amid intense fighting, while Gulf states face retaliatory attacks.

Egypt will roll out a new social protection package worth more than EGP 40 billion to support about 15 million families ...
08/03/2026

Egypt will roll out a new social protection package worth more than EGP 40 billion to support about 15 million families through the end of the 2025–2026 fiscal year, Prime Minister Mostafa Madbouly said on Sunday,15 February, 2026.

Speaking at a press conference alongside Finance Minister Ahmed Kouchouk and Information Minister Diaa Rashwan, Madbouly stated that the package, approved by President Abdel-Fattah El-Sisi, aims to ease pressure on households amid ongoing cost-of-living strains.

President Abdel Fattah El-Sisi met Saturday with Hassan Abdallah, Governor of the Central Bank of Egypt. Ambassador Moha...
02/03/2026

President Abdel Fattah El-Sisi met Saturday with Hassan Abdallah, Governor of the Central Bank of Egypt.

Ambassador Mohamed El-Shenawy, the official spokesperson for the Presidency, stated that the meeting addressed the developments and achievements of the banking sector and monetary policy during 2025.

These achievements reflect the continued strength of the financial system, the resilience of the Central Bank of Egypt, the efficiency of the banking sector, and its ability to support the stability of the country’s macroeconomy. This is all within the framework of the Central Bank of Egypt’s mandated role, in addition to its leading role as financial advisor and agent to the Egyptian government.

Egypt has instructed its diplomatic missions across the Middle East to maintain round-the-clock monitoring of Egyptian n...
01/03/2026

Egypt has instructed its diplomatic missions across the Middle East to maintain round-the-clock monitoring of Egyptian nationals to ensure their safety and provide full consular support, as regional tensions escalate following US–Israeli strikes on Iran and Tehran’s retaliatory response.

Foreign Minister Badr Abdelatty held a series of calls on Saturday with heads of Egyptian missions across the region to assess the situation of Egyptian communities abroad, according to a Foreign Ministry statement. He directed embassies and consulates to raise their alert levels to the maximum and maintain continuous follow-up to guarantee necessary assistance.

The ministry confirmed that, based on communications with Egyptian embassies and consulates, no casualties among Egyptian nationals have been recorded so far.

The developments come after coordinated US and Israeli strikes across Iran under what US officials described as operation “Epic Fury,” reportedly targeting leadership compounds, military command centers, nucl

With the death of Iran’s Supreme Leader, Ali Khamenei, the country enters a critical new chapter, ending more than three...
01/03/2026

With the death of Iran’s Supreme Leader, Ali Khamenei, the country enters a critical new chapter, ending more than three decades of leadership that shaped its political system and defined its regional and international posture.

Throughout his tenure, Khamenei’s name was closely associated with profound domestic transformations, recurring political struggles, and prolonged tensions with regional and Western powers, making him one of the most influential figures in modern Iranian history.

U.S. President Donald Trump was the first to announce news of Khamenei’s assassination on the first day of wide-scale airstrikes carried out by the United States and Israel against Iran. Iranian state television later confirmed his death at the age of 86.

Khamenei had led the country for over 30 years and was among the world’s longest-serving leaders. Since the 1979 Islamic Revolution, Iran has had only two Supreme Leaders. The position represents the highest authority in the country, serving as head of state and commander-

Address

Cairo

Website

Alerts

Be the first to know and let us send you an email when International Business News posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category