Egypt’s gold prices jump nearly 5% in single week on global rally, FX volatility
Gold prices in Egypt posted a sharp increase over the past week, supported by rising global prices and continued fluctuations in the exchange rate of the U.S. dollar against the Egyptian pound. The price of 21-karat gold, the most actively traded in the local market, rose by 4.74% to EGP 7,175 per »»»
Egypt moves to close Obour landfill, convert site into green park
Egypt’s Ministry of Local Development and Environment said on Sunday it has begun implementing a plan to close and rehabilitate the Obour landfill east of Cairo, with part of the site set to be transformed into a green park following persistent complaints from residents over pollution. The ministry»»»
Military Production Ministry targets energy efficiency without disrupting output
Minister of State for Military Production Salah Gomaa has chaired a meeting with the boards of directors of companies and units affiliated with the ministry to review financial performance for the period from January 1 to March 31, 2026, and outline measures to enhance operational efficiency. Durin»»»
Egypt receives 510,000 tonnes of food imports in one week, Russia leads suppliers
Egypt’s National Food Safety Authority (NFSA) has reported a steady inflow of food imports during the final week of March and early April, alongside intensified monitoring measures to ensure product safety and protect consumer health. According to the NFSA’s General Directorate of Exports and Impor»»»
Cairo adopts dynamic Nile water management to meet rising demand
Egypt’s Minister of Water Resources and Irrigation Hani Sewilam said on Sunday that the country is managing its Nile water resources through a dynamic system based on real-time monitoring and hydrological forecasting to address rising demand during peak periods. In a statement, the ministry said Se»»»
OPEC agrees on another oil production boost as Strait remains blocked - UPI.com
OPEC+ members announced Sunday they would modestly boost production as worldwide oil supplies tighten and prices spike amid the American-Israeli war on Iran. File Photo by Olivier Matthys/EPA April 5 (UPI) -- Members of the Organization of the Petroleum Exporting Countries said Sunday they will aga»»»
Trump threatens Iranian infrastructure as Egypt intensifies de-escalation push
U.S. President Donald Trump escalated his rhetoric against Iran on Sunday, warning that power plants and bridges could be targeted if Tehran continues to keep the Strait of Hormuz closed, as concerns mounted over a wider regional spillover and Egypt stepped up diplomatic efforts to contain the cris»»»
Madbouly reviews strategic commodity stocks, wheat supply, and fiscal planning
Prime Minister Mostafa Madbouly held a series of high-level meetings on Sunday to assess Egypt’s preparedness on strategic commodities, the current local wheat supply season, and financial planning for the upcoming fiscal year. The discussions covered the availability of essential goods in domestic»»»
Moroccan Prime Minister arrives in Cairo for first session of joint coordination committee
Egypt and Morocco on Sunday launched the first session of a joint coordination and follow-up committee, a move officials said establishes a new stage of bilateral relations aimed at achieving full economic integration. Moroccan Prime Minister Aziz Akhannouch arrived at Cairo International Airport o»»»
Egypt FM says attracting foreign direct investment is top government priority
Egypt’s Foreign Minister Badr Abdelatty said on Sunday that attracting foreign direct investment constitutes a top priority for the Egyptian government, as the country seeks to deepen its economic partnership with the United States. During a meeting with a delegation from the American Chamber of Co»»»
Egypt’s banking sector NFA falls to $27.4bn in February: CBE
The Central Bank of Egypt (CBE) said net foreign assets (NFA) of the banking sector declined by around 7.1% in February 2026 to $27.39bn, down from $29.51bn in January, reflecting pressures linked to commercial banks financing a partial exit of foreign investors from local debt instruments amid the»»»
Qatar provides new batch of aid to displaced people in Lebanon
BEIRUT: The Qatar Fund for Development (QFFD), through its partners Qatar Charity and the Qatar Red Crescent Society, delivered a new aid package to displaced people in the southern Lebanese city of Sidon. This initiative is part ofQFFD's ongoing efforts to provide urgent humanitarian support to th»»»
Global petrochemical crisis: 14 million barrels per day offline amid regional conflict
Damascus, April 5 (SANA) – The ongoing conflict in the Middle East is triggering severe repercussions for the global economy, extending beyond crude oil markets into the heart of the petrochemical industry. Thousands of factories worldwide are reporting acute shortages of essential raw materials—in»»»
Investment in Syria: Navigating challenges and economic recovery prospects
Damascus, April 5 (SANA) – Syria’s economic recovery phase is giving rise to a new investment landscape, characterized by a range of promising projects across vital sectors such as housing, energy, agriculture, and industry. These ventures are expected to stimulate production and drive growth rates»»»
HH the Amir honours Rafeeq with Rawda Award for Excellence in Social Work
Doha: Amir H H Sheikh Tamim bin Hamad Al Thani honoured Rafeeq with Rawda Award for Excellence in Social Work at a function held yesterday. Chief Executive Officer of Rafeeq Abdullah Thamer Alhemaidi received the award in recognition of the company’s humanitarian efforts through Rafeeq Al Khair. Th»»»
Amir honours Rafeeq with Rawda Award for Excellence in Social Work
DOHA: His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani honoured Rafeeq with the Rawda Award for Excellence in Social Work during a ceremony held on Sunday, in recognition of the company’s growing humanitarian contributions and community-focused initiatives. Chief Executiv»»»
Rawda Award marks national milestone in institutional social work: Minister of Social Development and Family
Doha: Minister of Social Development and Family HE Buthaina bint Ali Al Jabr Al Nuaimi emphasized that the Rawda Award for Excellence in Social Work represents a qualitative national milestone for consolidating the culture of institutional social work in the State of Qatar, and enhancing the status»»»
Foreign minister meets Turkish counterpart, discuss boosting ties and coordination
Damascus, April 5 (SANA) Foreign and Expatriates Minister Asaad Hassan al-Shaibani met on Sunday with Turkish Foreign Minister Hakan Fidan in the capital, Damascus. During the meeting, the two sides discussed ways to enhance bilateral relations and reviewed a number of issues of mutual interest, as»»»
Egypt targets 5 million tonnes of local wheat as strategic reserves reach six-month level
Egypt is targeting the procurement of 5 million tonnes of domestic wheat during the current harvest season as part of a broader strategy to strengthen food security, Supply and Internal Trade Minister Sherif Farouk said on Sunday. The minister stated that strategic reserves of basic commodities, in»»»
Tripoli Chamber of Commerce to hold seminar with Embassy of China on 12 April on strengthening bilateral trade
The Tripoli Chamber of Commerce announced today that it will be holding a seminar organized in cooperation with the Embassy of China in Libya and the General Union of Chambers of Commerce, under the title: “Alignment between Development and Security.” This seminar will be held on 12 April at a lead»»»
Abu Dhabi to train 20,000 frontline personnel
The Government of Abu Dhabi has announced the launch of a strategic plan to train 20,000 frontline personnel, including both healthcare and non-healthcare workers across healthcare facilities, emergency medical services, security entities, and other critical sectors involved in responding to major »»»
France planning a 400% surge in drone stocks as it moves toward ‘war economy’ – Politico
France is seeking to quadruple its stockpile of kamikaze drones and drastically expand missile arsenals by the end of the decade, Politico reported on Friday, citing a draft military planning law which describes the push as preparations for a “war economy.” According to the 64-page-long document se»»»
National Housing and Real Estate Development Programme opens registration for construction companies to implement new and stalled projects
The Tripoli based Libyan government announced yesterday that its National Housing and Real Estate Development Programme (NHRDP) has announced the opening of registration for specialized companies, as part of preparations for launching and implementing residential complex projects and completing exi»»»
Berisha Accuses Rama of ‘Deception’ Over Fuel Tax Policy
Democratic Party leader Sali Berisha has sharply criticized Prime Minister Edi Rama over the government’s plan to reduce fuel excise taxes, calling the measure misleading and ineffective. Berisha argued that despite the proposed 20% excise cut—set to activate when fuel prices exceed 220 lek per lit»»»
Braçe Criticizes Exclusion from Tirana Meeting, Calls for Alternative Within PS
Socialist Party MP Erion Braçe has expressed frustration after being left out of recent meetings led by Prime Minister Edi Rama in Tirana’s Unit 5. Braçe criticized what he described as a recurring practice of removing MPs from their constituencies, arguing that it weakens relationships with voters»»»
Sheikh Mohammed: 'Betting on the UAE is a bet on growth'
Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced that the UAE has entered the world’s top 10 exporters of goods for the first time, according to the latest report by the World Trade Organisation (WTO). In a pos»»»
Geopolitical tensions reshape Egypt’s real estate market, driving prices and shifting investment trends
Egypt’s real estate market is undergoing rapid transformation amid ongoing geopolitical tensions and economic volatility, with rising construction costs, currency pressures, and energy concerns reshaping both pricing strategies and investment behaviour across the sector. Despite the relatively shor»»»
MIDAR to seal €500m-600m healthcare investment with Gruppo GKSD by year-end
MIDAR for Investment and Urban Development, master developer of integrated mega cities in New Cairo, has signed a memorandum of understanding with Gruppo GKSD Italy to establish a landmark medical, educational, and research complex within its Mada project in East Cairo. The project is expected to a»»»
PRE Group to partner with eight global hotel brands, adding 10,000 hospitality units across Egypt
PRE Group announced that it is preparing to sign partnership agreements with eight international hotel brands in the coming weeks, a move that will significantly expand its hospitality portfolio across Egypt. The agreements will cover the development and operation of eight hotels, adding a total of»»»
Middle East war pushes global food prices higher amid fears of deeper crisis
Capitals, April 5 (SANA) – Global food prices rose for a second consecutive month as the war involving the United States, Israel and Iran continues to drive up energy and fertilizer costs, raising concerns about future crop production and increasing pressure on international food markets, the Unite»»»
Qatar Reads returns to Doha Festival City with an immersive family reading booth
Tribune News Network Doha Qatar Reads, an initiative under Qatar National Library (QNL) dedicated to fostering a culture of reading across Qatar, is hosting an interactive booth at Doha Festival City, one of the country’s vibrant community destinations, from April 1 to 22. The activation aims to de»»»
Municipality minister visits Mazzraty to review poultry and dairy projects
Minister of Municipality HE Abdullah bin Hamad bin Abdullah Al Attiyah visited Mazzraty’s broiler chicken production facility in Al-Riffa. The tour forms part of ongoing initiatives to strengthen Qatar’s food security ecosystem and champion local agricultural production, assessing the company’s ope»»»
China Ready to Cooperate With Russia to Ease Middle East Tension, Foreign Minister Says
China is willing to continue to cooperate with Russia at the UN Security Council and make efforts to cool down the Middle East situation, Foreign Minister Wang Yi told his Russian counterpart Sergei Lavrov in a phone call on Sunday. Wang said the fundamental way to resolve navigation issues in the »»»
Time to Bypass Hormuz – Ya Libnan
Share: If Iran insists on weaponizing the Strait of Hormuz, the world must render it irrelevant. By : Ya Libnan Editorial Board , Op.Ed. For decades, the world has tolerated a dangerous reality: Iran can threaten the global economy simply by rattling the Strait of Hormuz. Every crisis, every escala»»»
Zelenskyy: Ukraine ready to cooperate with Syria, expand opportunities and development
Damascus, April 5 (SANA) – Ukrainian President Volodymyr Zelenskyy affirmed Sunday that Ukraine is ready to cooperate with Syria to expand opportunities and promote development for both nations, following talks with President Ahmad al-Sharaa in Damascus. In a post on the social platform X, Zelensky»»»
Qatar Chamber's Board of Directors discusses private sector challenges amidst current regional developments
DOHA: Qatar Chamber Board of Directors held a meeting on Sunday, chaired by Chairman of the Board HE Sheikh Khalifa bin Jassim bin Mohammed Al Thani. During the meeting, the board discussed the key challenges facing the Qatari private sector amid the current regional developments, particularly thos»»»
President al-Sharaa discusses with Ukrainian President economic cooperation, relations
Damascus, April 5 (SANA) President Ahmad al-Sharaa received on Sunday Ukrainian President, Volodymyr Zelenskyy, at the People’s Palace in Damascus, with ministerial delegations from both countries and the participation of Turkish Foreign Minister Hakan Fidan. The talks focused on boosting bilateral»»»
TISP Representatives Discuss with Sandanski Residents Matters Related to Region's Development
Representatives of the There Is Such a People party discussed issues related to the region’s development at a meeting with citizens in Sandanski, the party reported Sunday. The meeting was attended by Dragomir Petrov, top-of-the-list candidate for Blagoevgrad Region, regional coordinator Alexander »»»
Dubai RTA opens autism-friendly sensory rooms
Dubai: Dubai’s Roads and Transport Authority (RTA) has introduced dedicated sensory rooms for individuals with autism at Al Satwa and Oud Metha stations, in a move aimed at enhancing accessibility and inclusivity across the public transport network. These specially designed spaces provide a calm an»»»
Tunisia's New African Transit Corridor via Ras Jedir: An Opportunity for Libya to Become a Trade Gateway to sub-Saharan Africa
Tunisia has announced the launch of a continental land transit corridor project starting from Libya’s Ras Jedir border crossing with Tunisia, towards sub-Saharan African countries such as Niger, Chad, Mali, Burkina Faso, and the Central African Republic. The launch of the project reflects a clear s»»»
OPEC+ agrees on nominal oil output rise as war disrupts global supply
Vienna. Apr. 5 (SANA) Amid unprecedented turmoil in the global energy market driven by the escalation of the US-Israeli war on Iran, the OPEC+ alliance has found itself facing a new economic reality, prompting it to approve a theoretical increase in oil production for May by 206,000 barrels per day»»»
Israel Renews Lebanon Strikes, Forces Syria Border Crossing Closed
Israeli strikes on south Beirut and its suburbs killed at least four people on Sunday, a day after Israel threatened to hit Lebanon's main border crossing with Syria, forcing it to close. The Israeli military also carried out deadly attacks on Lebanon's south, one of which killed seven people inclu»»»
Dubai Municipality to open 35 new parks this year
If you like the idea of an active lifestyle and a kid-friendly environment, you are going to love this development. Dubai Municipality has announced that it’ll be opening 35 new parks across Dubai this year – which will require an investment of Dh348 million. The move is in line with the Dubai Park»»»
China FM Tells Russia’s Lavrov Willing to Work to ‘De-Escalate’ Mideast War
China's top diplomat told his Russian counterpart on Sunday that he is willing to work together to "de-escalate" the war in the Middle East, Beijing's state media reported. Wang Yi told Russian Foreign Minister Sergei Lavrov in a phone call that "China and Russia should uphold fairness on major iss»»»
Hungary's Section of TurkStream Pipeline to Be Guarded by Military – Foreign Minister
MOSCOW (Sputnik) - The section of the Turkish Stream gas pipeline on Hungarian territory from Serbia to Slovakia will be placed under military protection, Hungarian Foreign Minister Peter Szijjarto said on Sunday. "At the Defense Council meeting, Prime Minister [Viktor Orban] ordered the Hungarian »»»
Oman introduces monthly allowance for families of missing persons
Dubai: Oman’s Social Protection Fund has introduced a new decision to support families of missing persons, providing an immediate monthly allowance equivalent to a pension upon submission of a police report. Under the scheme, the allowance will be paid without delay to eligible families and will be»»»
Prime Minister meets Kuwait's Foreign Minister
Doha: Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani met on Sunday with HE Minister of Foreign Affairs of the sisterly State of Kuwait, Sheikh Jarrah Jaber Al-Ahmad Al-Sabah, who is visiting the country. During the meeting, they discussed devel»»»
Amir expresses pride in launch of first edition of Rawda Award for Excellence in Social Work
Doha: The Amir HH Sheikh Tamim bin Hamad Al-Thani expressed his pride in the launch of the inaugural Rawda Award for Excellence in Social Work. In a post on his official account on the X platform, HH the Amir expressed his pride in the launch of the first edition of the Rawda Award for Excellence i»»»
Qatar Olympic Committee holds General Assembly meeting
DOHA: The Qatar Olympic Committee (QOC) held its 39th General Assembly meeting for the year 2026. The meeting was chaired by President of the Qatar Olympic Committee HE Sheikh Joaan bin Hamad Al Thani, in the presence of Mohamed bin Yousef Al Mana, First Vice President of the QOC; Dr Thani bin Abdu»»»
GI4T/ ASECTU launch 2nd Best Young Tunisian Economist Award
Tunis, April 5 (TAP) - The Global Institute for Transitions (GI4T), in partnership with the Association of Tunisian Economists (ASECTU), is organising the second edition of the Best Young Tunisian Economist Award. This initiative aims to promote...»»»