With the Central Bank of Egypt (CBE) maintaining interest rates at 19% for deposits and 20% for loans to combat inflation, many investors are looking for stable returns, Youm7 reported. Against this backdrop of monetary tightening, the National Bank of Egypt (NBE) continues to offer a diverse range of certificates in both foreign and local …
The post Strategic savings: Your guide to latest US and Euro certificate rates appeared first on Egypt Independent.

The Egyptian Ministry of Tourism and Antiquities announced on Thursday the discovery of a one-of-a-kind religious structure in the ancient city of Pelusium (Tell El-Farma). The temple was dedicated to the city’s local deity, “Pelousios.” The discovery was made by an Egyptian archaeological mission following six years of extensive excavation work at the site. Minister …
The post Photos: Egypt discovers massive sacred basin and temple in North Sinai appeared first on Egypt Independent.

Belgian golfer Christophe Elians won the eighth round of the 2026 Egypt Golf Series on Friday, finishing 16 under par to set a new course record at the Sokhna Golf Club. Elians secured the Pro Golf Tour title after recording 10 under par on the final day of the competition in Ain Sokhna. Switzerland’s Mauro […]
The post Elians finishes 16 under par to secure Sokhna Golf Club title first appeared on Dailynewsegypt.

Opella Egypt is scaling up its commitment to the local market with total investments of approximately EGP 1bn over the past decade, as the global self-care giant doubles down on local manufacturing, portfolio expansion, and youth development while ruling out an immediate stock market listing. The company, which serves an estimated 15 to 20 million […]
The post Opella Egypt outlines growth roadmap with EGP 1bn investment, local production focus first appeared on Dailynewsegypt.

  Prime Minister Mostafa Madbouly announced on Thursday, 9 April, that shops and restaurants across Egypt will be allowed to remain open until 11pm, starting Friday, 10 April, and continuing through 27 April. The decision comes as the country observes a period that includes the Coptic Easter holidays and Sham El-Nessim, during which the government has already granted a paid holiday to the private sector on 13 April. It aims to accommodate increased consumer activity, family outings, and tourism-related demand during this festive season. Under the temporary extension, commercial venues that normally follow winter operating schedules, typically closing earlier in the evening, will now operate later. This adjustment is expected to benefit retailers, restaurant owners, and the broader hospitality sector by boosting evening sales and supporting economic activity. Business owners and citizens have previously called for more flexible closing times, especially on weekends and holidays, noting that many Egyptians prefer dining out or shopping later in the evening. Similar extensions have been implemented in past years to ease pressure on businesses facing economic challenges. An informed government source recently revealed that the early closure measures had already delivered noticeable savings.Continue reading "Egypt Extends Operating Hours to 11pm Until 27 April"
The post Egypt Extends Operating Hours to 11pm Until 27 April first appeared on Egyptian Streets.

  Since the end of the 20th century, private tutoring has transitioned from a supplemental aid to a primary engine of academic achievement for many families in Egypt. Although public education in Egypt is officially free, the experiences of many students and parents tell a different story: educational progress, especially in high-stakes years, like Thanaweya Amma, secondary education certificate or SAT’s, depends on paid classes outside the school’s classroom. One challenge is the quality of teaching in many public schools’ classrooms. Overcrowded classrooms can limit teachers’ ability to provide individual attention. In this environment, private tutoring becomes the space where students receive clarification, targeted practice, and repetition, elements that are otherwise difficult to deliver within the constraints of school schedules. Over time, this pattern has produced what Professor Mohamed Alaa Abdel-Moneim, of the Faculty of Economics and Political Science at Cairo University, describes in 2021 as a “parallel” or “shadow” education system, running alongside formal schooling and, in many cases, putting greater influence over students’ outcomes. In today’s Egypt, the typical academic journey, particularly Thanaweya Amma, frequently revolves around private lessons. Students may attend group sessions at tutoring centers, receiveContinue reading "Why Private Tutoring Rules Egypt’s Education"
The post Why Private Tutoring Rules Egypt’s Education first appeared on Egyptian Streets.

The Egyptian Natural Gas Holding Company (EGAS) has signed a 15‑year agreement to buy the entire output of the Cypriot Aphrodite gas field, with an option to extend the deal for an additional five years, Bloomberg  reported, adding that the  field would start production in about six years EGAS signed the preliminary deal with the companies […]
The post Egypt to Buy Entire Output of Cyprus’s Aphrodite Gas Field in 15-Year Agreement first appeared on Egypt Oil & Gas.

Senior officials from the  Ministry of Petroleum and Mineral Resources (MoPMR) officials met with a delegation from the African Legal Support Facility (ALSF), an affiliate of the African Development Bank (AFDB),   to discuss possible cooperation opportunities between the two sides. ALSF helps African governments negotiate complex commercial deals and manage disputes, especially in energy, infrastructure, […]
The post Egypt Taps ALSF Expertise to Strengthen Energy Negotiations and Attract Investment first appeared on Egypt Oil & Gas.