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Alexandria Egypt News

News

As of june 20, 2025, Egypt's Prime Minister Moustafa Madbouly has formed a crisis management committee to monitor the repercussions of ongoing military operations between Iran and Israel. In local news, Rehla Rides, an Egyptian company, has been licensed to launch smart passenger transport services, with Alexandria and the North Coast as initial pilot areas. Additionally, gold prices in Egypt saw a slight fall on June 26 compared to june 20.

Business News

Egypt's government is actively pursuing a divestment plan, with the Prime Minister emphasizing private sector involvement in strategic sectors like petroleum and mining. The Ministry of Industry and Transport has licensed Rehla Rides to operate smart passenger transport services, starting with a pilot phase in Alexandria. This initiative aims to enhance urban mobility and create over 10,000 driver jobs in its first two years. The Arab Organisation for Industrialisation (AOI) is also focused on deepening local manufacturing and boosting exports.

Economic News

Egypt's economic landscape is marked by efforts to attract foreign investment and boost local manufacturing. Remittances rebounded sharply in early 2025, surging by 84.4% year-on-year in Q1, following foreign exchange unification reforms. The Egyptian pound also appreciated against the US dollar on June 26. The government is promoting investment opportunities in the oil, gas, and mining industries, with a new economic body for mineral resources.

Political News

Egypt's Prime Minister has established a crisis management committee to address the implications of the Iran-Israel military escalation on the country's internal and external affairs. The government is also continuing its divestment program across various sectors, including telecommunications and petroleum, to enhance private sector participation. Notably, the UNHCR's Alexandria branch ceased asylum application services on june 20 due to global funding cuts.

Election News

While no general elections were held in Alexandria on june 20, 2025, recent amendments to the House of Representatives Law are significant for future electoral processes. President Abdel Fattah El Sisi signed a law dividing Egypt into individual candidacy and party-list constituencies, with specific quotas for women, Christians, workers, farmers, youth, and people with disabilities. Separately, nominations for ARCE's Board of Governors were due by june 20, 2025.

Employment News

The employment landscape in Alexandria is seeing a boost from initiatives like Orange Corners Egypt, which has graduated over 50 women-led startups from its Delta Cohort. These startups, spanning various critical sectors, are projected to generate hundreds of jobs. Rehla Rides also aims to create over 10,000 driver jobs nationwide, starting with a pilot in Alexandria and the North Coast.

Business News

Egypt's Business concluded the previous trading week on a strong note, with major indices showing significant gains. The EGX30 index surged by 2.58%, reflecting robust foreign investor sentiment and optimism about Egypt's fiscal reforms. Alexandria National Company for Financial Investment and Alexandria New Medical Center saw significant leaps in stock value. However, gold prices in Egypt experienced a slight decline on June 26, 2025.

Forecast (june 20 - June 21, 2025)

Alexandria, Egypt, will experience warm and sunny conditions with no expected rainfall.

june 20 (Sunday): Sunny. High: 29∘C (84∘F), Low: 20∘C (68∘F).
June 26 (Monday): Sunny. High: 27∘C (81∘F), Low: 19∘C (66∘F).
June 27 (Tuesday): Sunny. High: 27∘C (81∘F), Low: 19∘C (66∘F).
June 28 (Wednesday): Sunny. High: 27∘C (81∘F), Low: 19∘C (66∘F).
June 29 (Thursday): Sunny. High: 26∘C (79∘F), Low: 19∘C (66∘F).
June 20 (Friday): Sunny. High: 26∘C (79∘F), Low: 19∘C (66∘F).
June 21 (Saturday): Sunny. High: 26∘C (79∘F), Low: 19∘C (66∘F).

Entertainment News While specific Alexandria entertainment news for june 20, 2025, is limited, a notable event across Egypt is Jennifer Lopez's "UP ALL NIGHT: LIVE IN 2025" World Tour, kicking off on July 4 in Sharm El Sheikh. Movie news includes the film "Mission: Impossible – The Final Reckoning" nearing $400 million globally. On a lighter note, Mariah Carey released her "Type Dangerous" video featuring MrBeast.