Religious Affairs Minister reviews services for Tunisian pilgrims during Mecca visit
TUNIS, May 27, 2026 (TAP) – Minister of Religious Affairs Ahmed Bouhali paid a visit on to the Achrakat establishment of mutawifs (pilgrims’ guides) for Arab countries in Mecca, where he reviewed ways to further develop services provided to Tunisian...»»»
Karameesh children’s channel star Rafat Waseem Awad, 19, dies in Amman car crash
Karameesh children’s channel star Rafat Waseem Awad has died following a vehicle crash in the Jordanian capital, Amman, local media and family members said. The 19-year-old died after a tragic accident on Al Hurriya Street in the Al Muqabalain neighbourhood on Tuesday evening. Get updated faster an»»»
Sarafov Resigns as Investigative Service Chief; Politicians React
Borislav Sarafov resigned as National Investigative Service Director and Deputy Prosecutor General on Wednesday. He tendered his bid in the morning, and it was later accepted by the Prosecutors Chamber of the Supreme Judicial Council. "This is a decision I made after careful consideration," Sarafov»»»
Iraqi man kills wife, brother-in-law in drug-fuelled Baghdad assault
Dubai: An Iraqi man has killed his wife and her brother and wounded several other members of her family and neighbours during a violent attack in Al Hurriya neighbourhood of Baghdad, security sources said. Preliminary investigations indicated that the suspect was under the influence of crystal meth»»»
PM Radev in Paris: Bulgaria and France Share Common Positions on Security and Energy Diversification
Bulgaria and France share common positions on security and the diversification of Europe's energy supplies, while bilateral cooperation between the two countries is developing in key areas such as defence, energy and European policies, Prime Minister Rumen Radev told journalists in Paris ahead of h»»»
EFG Hermes closes 1-year Hermes Securities Brokerage bond under EGP 10B program Arab Finance For Information Technology
Arab Finance: EFG Hermes, an EFG Holding company, has closed a short-term bond note issuance for Hermes Securities Brokerage, marking the first issuance under the brokerage firm’s newly established fourth short-term bond program with a total size of EGP 10 billion, as per an emailed press release. »»»
Saudi Arabia rolls out special services for elderly, disabled pilgrims
MAKKAH: In a display of the care Saudi Arabia lavishes on pilgrims, the General Authority for the Affairs of the Grand Mosque and the Prophet’s Mosque expanded its services this year at the Grand Mosque for elderly pilgrims and those with disabilities, drawing on a combination of on-site facilities»»»
Sharjah brings Emirati culture to Poland as Warsaw Book Fair opens
Dubai: Sharjah will open tomorrow, Thursday, as Guest of Honour at the fifth edition of the Warsaw International Book Fair 2026, presenting a wide-ranging cultural programme that spotlights Emirati literature, poetry, arts, heritage, and publishing. Held in the Polish capital from May 28 to 31, the»»»
Saudi Arabia investigates viral perfume shop rampage video
Saudi Arabia’s Ministry of Human Resources and Social Development has launched an investigation after a widely circulated video showed a woman damaging items inside a perfume shop at a shopping mall in the Kingdom. The incident triggered widespread reaction on social media after claims circulated o»»»
Ghana welcomes Pope's apology over Catholic Church's role in slavery
Ghana welcomes Pope's apology over Catholic Church's role in slavery 9 minutes agoShareSaveAdd as preferred on GoogleThomas Naadi,BBC Africa, AccraandBasillioh Rukanga AFP via Getty ImagesThe Pope described Church's role in slavery as a "wound in Christian memory" Ghana has welcomed Pope Leo XIV's »»»
EGX plans trading tool upgrades to attract investors: Radwan Arab Finance For Information Technology
Arab Finance: The Egyptian Exchange (EGX) is working to transform into a financing platform supporting national projects and productive sectors through the development of market tools and trading mechanisms, alongside efforts to improve operational efficiency and attract more local and foreign inve»»»
Senate walkout rocks Philippine politics: Why minority Senators stormed out — what's next
A dramatic walkout by minority senators halted proceedings in the Senate of the Philippines late Tuesday. It exposed deepening divisions over proposed rule changes that critics say could benefit lawmakers facing legal trouble, including fugitive Senator Ronald dela Rosa. Get updated faster and for »»»
Arab Finance - Kafr El Zayat Pesticides posts 88.4% YoY lower profits in Q1 2026
Arab Finance: Kafr El Zayat Pesticides posted an 88.49% year-on-year (YoY) drop in standalone net profits after tax in the first quarter (Q1) of 2026, reaching EGP 11.328 million, compared to EGP 98.466 million, according to the financial results. Earnings per share (EPS) declined to EGP 0.06 in Q1»»»
Arab Finance - Alstom plans Egypt factory with up to €25M investment to boost exports
Arab Finance: Egypt is in talks with French multinational rail transport systems manufacturer Alstom to localize railway manufacturing and establish a factory for train components, as part of efforts to position the country as a regional export hub, the Ministry of Investment and Foreign Trade stat»»»
Arab Finance - ICID’s standalone profits shrink 74% YoY in Q1 2026
Arab Finance: The standalone net profits of International Company for Investment and Development (ICID) plummeted by 74.04% year-on-year (YoY) to EGP 579,004 in the first quarter (Q1) of 2026, as per the financial results It is worth noting that net profits in Q1 2025 were EGP 2.230 million. Earnin»»»
Arab Finance - Transport and Storage: Positioning Egypt as a Regional Logistics Hub
Egypt’s transport and storage sector has quickly become a key driver of the country's economic growth, supporting both domestic productivity and international trade. Once viewed as just a supporting service, the sector is now a key part of Egypt's economic transformation. The sector’s growth is not»»»
Arab Finance - SCZONE inks $2M Turkish-Egyptian trailer project in Ain Sokhna
Arab Finance: The General Authority for the Suez Canal Economic Zone (SCZONE) signed a $2 million (EGP 104 million) agreement with the Turkish-Egyptian alliance SAI HYDRAULIC to establish a trailer manufacturing project in the Ain Sokhna Integrated Industrial Zone, as per a statement. Located withi»»»
Arab Finance - Industry Minister reviews GB Auto expansion plans, ongoing investments
Arab Finance: Minister of Industry Khaled Hashem met with the CEO of GB Auto Karim Gaddas to review the company’s current projects, future expansion plans, and strategy to enhance local manufacturing in the automotive sector, as per a statement. The meeting covered the group’s production capabiliti»»»
Arab Finance - Banque Misr, Mansour Automotive's unit sign EGP 2.7B loan for car assembly plant
Arab Finance: Banque Misr signed a medium-term credit facility worth EGP 2.7 billion with MAC for Mobility Manufacturing, a subsidiary of Mansour Automotive, to finance the construction of a new car assembly plant, according to a press release. The project will be developed in New 6th of October Ci»»»
Arab Finance - Drive Finance closes EGP 2.2B securitization bond issuance
Arab Finance: Drive Finance, a subsidiary of GB Corp, has successfully completed its seventh securitization bond issuance valued at EGP 2.2 billion, according to a bourse disclosure. This transaction marks the second issuance under GB Capital for Securitization's 16th program, which totals EGP 25 b»»»
Arab Finance - MSC Euribia transits Suez Canal for 1st time after weeks of delay near Strait of Hormuz
Arab Finance: The giant cruise ship MSC Euribia, one of the world’s largest passenger vessels, made its first transit through the Suez Canal as part of a southbound convoy after passing through the Bab El-Mandeb Strait, the Suez Canal Authority (SCA) said in a statement. Operated by MSC Cruises and»»»
Arab Finance - Egypt taps NERIC for 500 rail cars, sets up Kom Abu Radi workshop operator
Arab Finance: The Egyptian National Railways Authority (ENR) and the National Egyptian Railway Industries Company (NERIC) signed two agreements to manufacture and supply 500 air-conditioned passenger carriages and to establish a company to operate the Kom Abu Radi railway workshops, as part of effo»»»
Arab Finance - Egypt, Russia sign MoU to boost maritime trade, logistics cooperation
Arab Finance: Egypt’s Minister of Transport Kamel El-Wazir signed a memorandum of understanding (MoU) with Nikolai Patrushev, Aide to Russian President Vladimir Putin and Chairman of the Russian Maritime Council, to enhance bilateral cooperation in maritime trade, as per a statement. The agreement »»»
Arab Finance - El-Sisi reviews progress on Metro Line 4 during Pyramids Station site visit
Arab Finance: President Abdel Fattah El-Sisi inspected construction work at the Giza Pyramids Metro Station in Giza Governorate, part of the first phase of the Cairo Metro Line 4, during a site visit on Tuesday, April 28th, the Egyptian Presidency announced. El-Sisi began his tour by inspecting tun»»»
Arab Finance - A Deep Analysis of Egypt’s Transport Sector
The Egyptian government has been working to enhance transport infrastructure to turn the country into a regional logistics hub. In 2025, Egypt ranked 2nd among African countries in the Africa Infrastructure Development Index (AIDI). In the transport composite sub-index, Egypt received a score of 50»»»
Arab Finance - Egypt in talks with Volkswagen on EV production, local manufacturing expansion
Arab Finance: Minister of Industry Khaled Hashem discussed with a delegation from Germany-based automaker Volkswagen the company’s plans to expand its automotive manufacturing operations in Egypt in the coming period, as per a statement. The talks reviewed studies currently being prepared by Volksw»»»
Arab Finance - EgyptAir receives 1st Boeing 737 MAX under 18-jet lease deal
Arab Finance: EgyptAir has received its first Boeing 737-8 Max from SMBC Aviation Capital as part of an 18-aircraft strategic lease agreement, according to a statement. The new jet is expected to cut fuel use and emissions by 20% compared to previous models. The company plans to deploy these aircra»»»
Arab Finance - Egypt's auto sales rise 3.2% in March
Arab Finance: Auto sales in Egypt increased by 3.2% month-on-month (MoM) to 17,800 vehicles during March 2026, according to data from the Automotive Market Information Council (AMIC). This growth reflects increased consumer demand for cars as they anticipate higher prices in the coming period, driv»»»
Arab Finance - Madbouly reviews measures to accelerate Egypt’s transition to EVs
Arab Finance: Prime Minister Mostafa Madbouly and Minister of Finance Ahmed Kouchouk followed up on the government's measures for transition to electric vehicles (EVs) and the ministry's efforts to support this initiative, according to a statement. This comes within the framework of the state's vis»»»
Arab Finance - Egypt to roll out digital visa-on-arrival system at Cairo International Airport by August
Arab Finance: Prime Minister Mostafa Madbouly witnessed the signing ceremony of two agreements for the management and operation of the newly developed digital system for obtaining visas upon arrival at Cairo International Airport. The agreements were signed between CyShield Technology, the company »»»
Arab Finance - Alexandria Container’s net profits jump 10% YoY in 3 months
Arab Finance: Alexandria Container and Cargo Handling Company (ALCN) registered a 10% year-on-year (YoY) increase in net profits after tax, achieving EGP 1.943 billion in the first three months of 2026, as per the unaudited financial results. The recorded net profits were compared with EGP 1.763 bi»»»
Arab Finance - Egypt, Eritrea sign maritime transport deal to boost trade, logistics cooperation
Arab Finance: Egypt and Eritrea inked a maritime transport cooperation agreement to strengthen logistical connectivity and expand bilateral trade, according to a statement. The deal aims to open new horizons for economic and developmental cooperation, reflecting both sides’ keenness to maximize the»»»
Arab Finance - Valu, ElTawkeel.com launch Egypt's 1st fully integrated digital automotive e-commerce platform
Arab Finance: Valu, through its specialized arm Valu Shift, partnered with ElTawkeel.com to launch Egypt's first fully integrated digital automotive e-commerce platform focused on the new car segment, as per an emailed press release. The partnership aims to provide customers with a single platform »»»
Arab Finance - Cairo International Airport launches new mobile app as Egypt pushes aviation modernization
Arab Finance: Cairo International Airport has launched the new official mobile app, designed to serve travelers and facilitate their experience, according to a statement. The app will officially go live for users on May 30th, coinciding with the 63rd anniversary of the airport’s inauguration. It co»»»
Arab Finance - Egypt inks MoU with Sky Ports for dry ports, logistics zone at Borg El Arab
Arab Finance: The General Authority for Land and Dry Ports signed a memorandum of understanding (MoU) with Sky Ports to finance, build, and operate a dry port and logistics zone in Borg El Arab, as per a statement. The MoU falls under the directives of President Abdel Fattah El-Sisi to boost cooper»»»
Arab Finance - ABB Egypt marks 100 years of operations at SwissCham Egypt Gala evening 2026
Arab Finance: ABB Egypt participated as a partner in the SwissCham Egypt Gala Evening 2026, as the company marked 100 years of operations in Egypt and reiterated its focus on supporting the country’s industrial and sustainability efforts, as per an emailed press release. The event, hosted by Andrea»»»
Arab Finance - Toyota Egypt Group launches Toyota bZ4X, Lexus RZ Electric in Egypt
Arab Finance: Toyota Egypt Group announced its entry into Egypt’s electric vehicle market with the launch of two fully electric models, the Toyota bZ4X and the Lexus RZ, marking the company’s first move into the local electric mobility segment after 45 years of operations in the country, as per an »»»
Arab Finance - AD Ports launches cruise operations across 3 Egyptian Red Sea ports
Arab Finance: AD Ports Group officially launched cruise operations across its three terminals in Sharm El Sheikh, Hurghada, and Safaga in Egypt, expanding cruise tourism and maritime connectivity along the Red Sea, according to a press release. The group also operated ferry services linking Safaga »»»
Arab Finance - Egypt aviation demand growth to outpace global average through 2050: IATA
Arab Finance: The International Air Transport Association (IATA) said Egypt’s aviation sector has strong long-term growth potential, forecasting passenger demand to grow at an annual rate of 3.4% between 2024 and 2050 under its mid-range scenario, above the global average growth rate of 3.1% over t»»»
Arab Finance - Mawani links Saudi Arabia, Egypt, Jordan via Red Sea Express container service
Arab Finance: The Saudi Ports Authority (Mawani), in partnership with Folk Maritime and SABIC, has launched the new Red Sea Express container shipping service to King Fahd Industrial Port to boost logistics connectivity, according to the Saudi Press Agency (SPA). With a capacity of up to 1,100 twen»»»
Arab Finance - Infinity partners with Option Travel, Green Option to expand EV charging in Egypt
Arab Finance: Infinity, Egypt’s largest electric vehicle (EV) charging network operator, signed a long-term strategic partnership with Option Travel and Green Option, according to an emailed press release. The agreement aims to boost the transition to electric mobility and enhance Egypt’s sustainab»»»
Lebanon: 31 killed, 40 injured as Israel intensifies strikes on Hezbollah - UPI.com
Residents of Tyre pore over the site of Israeli airstrike on the southern port city on Tuesday. Photo by Stringer/EPA May 27 (UPI) -- At least 31 people were killed, including several children, and 40 were injured in Lebanon after more than 100 Israeli air strikes targeting what the Israeli militar»»»
Israel announces killing of new Hamas military chief
The recently appointed commander of Hamas’ military wing, Mohammed Odeh, has been killed in an airstrike in Gaza, the Israeli authorities have claimed. The Israel Defense Forces (IDF) continue to carry out attacks on specific targets in Gaza despite a US-brokered ceasefire being in place in the Pal»»»
Ithra celebrates Eid Al-Adha with global cultural experiences
ALKHOBAR: The King Abdulaziz Center for World Culture, or Ithra, has launched a special Eid Al-Adha program featuring more than 30 cultural activities and experiences from May 28 to 31. Held under the theme “Ithra Eid: Moments We Share,” the celebrations will transform Ithra into cultural hubs insp»»»
‘We’re putting our foot on the gas now’: No slowing down for Harburg and Al-Kholood after roller coaster season
With the Saudi Pro League offseason now upon us, you might think that Al-Kholood owner Ben Harburg would take the opportunity to put his feet up after a relentless past 12 months that saw him take over and overhaul the Saudi minnow. You might even think he would bask in the glow of making the King’»»»
‘Everyone is welcome’: Filipino Muslims mark Eid with prayer, tradition and community feasts
MANILA: As they observed Eid Al-Adha, Muslim Filipinos reconnected with their families and relatives, as well as with memories and special traditions unique to the minority community they form in the predominantly Catholic country. Like Muslims around the world, those in the Philippines also begin »»»
CBE Governor : Egyptian banking system is Strong
Governor of the Central Bank of Egypt (CBE) Tarek Amer asserted that the Egyptian banking system is very good and strong. Addressing a joint conference of the Arab Banks Federation and the US Federal Reserve in New York, he added that the Egyptian banking system managed to endure several internatio»»»
How UAE banks will stay fully operational during Eid
The Central Bank stated in its directives: “Given the relatively extended Eid holiday period, and to facilitate customers’ money transfers during the holiday, and following coordination with the UAE Banks Federation and the relevant committees, the Central Bank’s domestic funds transfer system will»»»
Ebola-hit DR Congo faces 'catastrophic collision' of disease and conflict, WHO warns
Ebola-hit DR Congo faces 'catastrophic collision' of disease and conflict, WHO warns 10 minutes agoShareSaveAdd as preferred on GoogleDan Sales ReutersDR Congo is the epicentre of the outbreak though a few cases have been detected in Uganda Ongoing conflict in the Democratic Republic of Congo is ha»»»
Rare 'Blue Moon' to light up skies on May 31: How and when to watch the celestial event in the UAE and worldwide
Skywatchers in the UAE and around the world are preparing to witness a rare celestial event on May 31, commonly known as a “Blue Moon”, one of the most unusual lunar phenomena of the year. Astronomers said the moon would begin appearing full on the night of May 30, reaching peak illumination at 3:4»»»