China’s $2 Billion Trade City Plan Positions Egypt at the Core of Global Supply Chains
Cairo — Egypt is advancing plans for a $2 billion logistics and commercial city within the Suez Canal Economic Zone, in partnership with China, signaling a structural shift in Cairo’s economic strategy toward becoming a regional trade and redistribution hub rather than a traditional manufacturing o»»»
PM meets Italy’s Eni officials to discuss energy investment
Eni's Bouri Offshore oil terminal is seen off the Libyan coast, in the Mediterranean sea, Tuesday, Aug. 1, 2015. The Italian energy company Eni SpA announced Sunday, Aug. 30, 2015, it has discovered a "supergiant" natural gas field off Egypt, describing it as the "largest-ever" found in the Mediter»»»
Egypt puts 12 doctors, nurses on trial after fatal chain of medical errors
Egypt’s Administrative Prosecution has referred 12 doctors and nurses to an urgent disciplinary trial over the death of a patient, citing a series of medical malpractices and procedural violations, authorities said. The case, which has drawn attention in Qalyubia governorate, involved a patient adm»»»
Teen girl fatally stabs brother in Egypt during a kitchen 'joke'
A teenage girl fatally stabbed her older brother in Egypt’s Sharqia governorate during what was described as a kitchen “joke”, prompting an investigation into whether the incident was accidental or deliberate. According to local media reports, the altercation occurred at the family home in the town»»»
Make it in the Emirates 2026 drives innovation-led growth
Make it in the Emirates 2026 has emerged as a powerful platform advancing the UAE’s ambition to build a resilient, diversified, and future-ready economy. This year’s edition brings together a wide spectrum of sectors, highlighting the country’s integrated approach to industrial development. From co»»»
'Make it in the Emirates 2026' opens with 120,000 expected visitors
This morning, the fifth edition of the “Make it in the Emirates 2026” platform officially opened at the Abu Dhabi National Exhibition Centre (ADNEC), under the theme “Advanced Industry,” marking the largest edition of this leading industrial platform in the UAE. The event features the participation»»»
Egypt – IMF economic recovery plan highlights
Egypt’s Economic challenges Long-standing economic challenges; Political instability, regional security issues, and the global economic slowdown have negatively affected the Egyptian economy, amplifying its long-standing structural problems. * Fixed exchange rates: Keeping the Egyptian pound exchan»»»
Local Manufacturing of 5G Routers Positions Egypt as a Regional Tech Hub
Egypt announced the commencement of its first entirely locally manufactured router at the Egyptian Silicon Industries Company (SICO) factory, located in the Assiut Governorate. This initiative is spearheaded by e& Egypt, marking a pivotal point in the nation’s strategy to enhance local manufacturin»»»
Syrian FM’s Visit to Egypt Aims to Revive Relations
Syrian Foreign Minister Asaad al-Shaibani was in Egypt on Monday, the first by a Syrian FM since the collapse of Bashar al-Assad's regime in December 2024. He held talks with his Egyptian counterpart Badr Abdelatty in what observers said were efforts to “ease strains in relations”. They expected br»»»
UAE Withdraws From Organization of Arab Petroleum Exporting Countries - OAPEC Statement
The United Arab Emirates (UAE) has withdrawn from the Kuwait-based Organization of Arab Petroleum Exporting Countries (OAPEC) after leaving OPEC and the OPEC+, the OAPEC said. "The General Secretariat of the ... OAPEC was informed of a letter from UAE Energy Minister Suheil Al Mazrouei to the Chair»»»
New phosphate and fertiliser industrial zone in Ain al Sokhna
Daily News: President Abdel Fattah El-Sisi approved the establishment of a phosphate and fertiliser factory cluster, supervised by El-Nasr Company for Intermediate Chemicals, according to presidential spokesperson Alaa Yousef. Yousef said the cluster will include nine major factories with a product»»»
Egypt’s FDI Boom: A New Economic Chapter Amid Wider Trade Deficit
Egypt experienced a remarkable surge in foreign direct investment (FDI) inflows, reaching an unprecedented $46.1 billion in the fiscal year 2023/2024, as reported by the Central Bank of Egypt (CBE). This is a significant leap from the $10 billion recorded the previous year, reflecting a robust inte»»»
Arab leaders convene for the ‘Second Arab Conference’
by Amal Saeed The Second Arab Conference began last Sunday in Cairo, organised by the Arab Federation for Human Resources Development in cooperation with the Arab Urban Development Institute, with the participation of 70 Arab countries. Ayman El Gendy, director-general of the Union, said: “The conf»»»
Al-Shaibani, al-Shaar discuss investment and cooperation with Egyptian businessmen
Cairo, May.3 (SANA) Minister of Foreign Affairs and Expatriates Asaad Hassan al-Shaibani and Minister of Economy and Industry Nidal al-Shaar discussed in Cairo with a number of Egyptian businessmen ways to enhance economic and investment cooperation between Syria and Egypt. The meeting focused on a»»»
Al-Shaibani, Al-Shaar discuss with Syrian businessmen in Egypt investment in Syria
Cairo, May.3 (SANA) Minister of Foreign Affairs and Expatriates Asaad Hassan al-Shaibani and Minister of Economy and Industry Nidal al-Shaar met with a number of Syrian businessmen in Egypt. The meeting discussed challenges facing investment in Syria and the opportunities available, with emphasis p»»»
Al-Shaibani, al-Shaar discuss economic cooperation with Egypt’s Chambers of Commerce
Damascus, May.3 (SANA) Minister of Foreign Affairs and Expatriates Asaad Hassan al-Shaibani and Minister of Economy and Industry Nidal al-Shaar discussed in Cairo with Chairman of the Federation of Egyptian Chambers of Commerce Ahmad al-Wakil ways to enhance economic and trade cooperation between S»»»
5 mega projects transforming Dubai
Dubai is rewriting its future in the language of innovation — where the word “impossible” has no place in its urban lexicon. As major global cities pursue expansion, Dubai chooses reinvention. The emirate is witnessing a new construction boom driven by five transformative mega projects that are red»»»
Syrian, Egyptian officials discuss regional security in Cairo
LONDON: Syrian Foreign Minister Asaad Al-Shaibani and his Egyptian counterpart Badr Abdelatty held official talks in Cairo on Sunday to discuss various aspects of bilateral cooperation. Al-Shaibani and Abdelatty were joined by Syrian Minister of Economy and Industry Nidal Al-Shaar and Egyptian Mini»»»
Monterra Developments launches EGP 25bn Monterra Bay in Egyptian-Russian partnership
Monterra Developments has entered Egypt’s real estate market through an Egyptian-Russian partnership, launching its first project, Monterra Bay, on the North Coast with investments estimated at EGP 25bn. CEO Mohamed Maamoun said the partnership combines financial investment with technical expertise»»»
Egypt, Syria discuss boosting bilateral ties, reject Israeli violations
Egyptian Foreign Minister Badr Abdelatty and Syrian Foreign Minister Asaad Al-Shaibani discussed strengthening bilateral ties and coordinating on regional developments during talks in Cairo, with Egypt reaffirming support for Syria’s unity and rejecting Israeli violations of its sovereignty. In a s»»»
K Developments launches EGP 1.5bn Palencia Plaza in Shorouk City
K Developments has launched Palencia Plaza, a mixed-use project in Shorouk City, east Cairo, with investments estimated at EGP 1.5bn. The development forms part of the company’s expansion strategy in commercial, administrative, and medical real estate. Chairperson Omar El-Fayoumi said the project r»»»
Egypt’s economic trajectory reassuring and balanced, finance minister says
Egypt’s economic trajectory is “reassuring” and maintains a strict balance between stimulating production and exports while ensuring fiscal discipline, Minister of Finance Ahmed Kouchouk said. Speaking at a new round of the Egyptian-European economic dialogue in Cairo, Kouchouk said the government »»»
Sovereign Fund of Egypt selects EFG Hermes to manage 20% Misr Life Insurance stake sale
The Sovereign Fund of Egypt has selected investment bank EFG Hermes to manage the offering of an approximate 20% stake in state-owned Misr Life Insurance on the Egyptian Exchange. The target date for executing the offering is before the end of the second half of this year, according to estimates fr»»»
Al-Sisi reaffirms Egypt’s support for African Development Bank
Egyptian President Abdel Fattah Al-Sisi reaffirmed Egypt’s full support for the African Development Bank Group (AfDB), stressing its crucial role in financing development and infrastructure projects across Africa amid growing economic and geopolitical challenges. In a statement, Egypt’s presidency »»»
TLD launches Westrict mixed-use project in Sheikh Zayed with Marriott partnership
TLD has announced the launch of Westrict, a new mixed-use development in Sheikh Zayed, which will include a Tribute Portfolio Hotel & Residences in partnership with Marriott International. The project is strategically located along the Cairo-Alexandria Desert Road within a rapidly expanding develop»»»
Egypt targets $99bn in non-oil exports by 2030
Egypt is ramping up efforts to significantly expand its export base, with a strategic target of increasing non-oil exports to $99bn by 2030, Minister of Industry Khaled Hashem announced. Speaking at the launch of a new digital platform for automating environmental verification and conformity assess»»»
Investment minister launches digital portal for Export, Import Control Authority services
Mohamed Farid, Minister of Investment and Foreign Trade, on Sunday launched a new electronic portal and automated system for services provided by the Environmental Verification and Authentication Unit and specialised conformity units at the General Organization for Export and Import Control (GOEIC)»»»
Al-Sisi orders stronger social protection, market oversight, and strategic goods security
President Abdel Fattah Al-Sisi has directed the government to reinforce strategic commodity reserves, intensify anti-inflation measures, and expand spending on healthcare, education, and social protection during a meeting with Prime Minister Mostafa Madbouly. According to the presidency, the meetin»»»
Egypt’s telecom providers launch operations for the fifth-generation (5G)
The National Telecom Regulatory Authority (NTRA) of Egypt has entered into a landmark agreement with the country’s leading telecom providers—Orange Egypt, Vodafone Egypt, and e& Egypt—effectively granting them licenses to operate fifth-generation (5G) mobile services. This move marks a pivotal step»»»
Syrian, Egyptian officials discuss cooperation and regional security
Cairo, May 3 (SANA) Minister of Foreign Affairs and Expatriates Asaad Hassan al-Shaibani held expanded talks on Sunday in Cairo with Egypt’s Foreign Minister Badr Abdelatty, with the participation of Minister of Economy and Industry Nidal al-Shaar and Egypt’s Minister of Industry Khaled Hashem. The»»»
Egyptian lawyer dies after collapsing in courtroom
An Egyptian lawyer died after collapsing inside a courtroom on Saturday while presenting a case, authorities said. Police in Dakahlia governorate received a report from emergency services that a lawyer had fallen unconscious during proceedings at the Belqas Misdemeanours Court. Get updated faster a»»»
Three additional airline partners returning to Hamad International Airport
Doha, Qatar: Hamad International Airport announced three additional airline partners are set to resume operations to and from Doha from the listed start dates. The airlines below are scheduled to resume services to and from Doha, from the listed start dates: - April 21, 2026 flydubai - April 22, 20»»»
Egyptian Singer Hany Shaker Dies at 74
Egyptian singer Hany Shaker, dubbed 'Prince of Arab Singing,' passed away Sunday at the age of 74, according to Egyptian television. He had been receiving treatment in France, where he traveled last March after undergoing medical surgery in Egypt earlier in the year. Hany Abdel Aziz Shaker was born»»»
Qatari International Search and Rescue Group pays training, advisory visit to Egypt
CAIRO: The Qatari International Search and Rescue Group conducted a training and advisory visit to the Arab Republic of Egypt as part of a technical support program for the Egyptian Civil Protection Team. This visit is part of the team's preparations for obtaining international accreditation from t»»»
Qatari International Search, Rescue Group pay training, advisory visit to Egypt Search, Rescue Group
Cairo: The Qatari International Search and Rescue Group conducted a training and advisory visit to the Arab Republic of Egypt as part of a technical support program for the Egyptian Civil Protection Team. This visit is part of the team's preparations for obtaining international accreditation from t»»»
Gold rush turns deadly: Eight shot dead in Egypt desert dispute
Eight people were shot dead and another injured after a gunman opened fire during a dispute among illegal gold miners in Egypt’s eastern desert near Safaga, security sources said. According to local media reports, the incident occurred inside a remote cave in a mountainous area, where groups of unl»»»
Egypt finds new gas reserves in Nile Delta amid output push
RIYADH: Egypt has announced a new natural gas discovery in the Nile Delta capable of producing around 50 million cubic feet per day, as the country steps up efforts to restore domestic energy output. The Ministry of Petroleum and Mineral Resources said the discovery followed the successful drilling»»»
Two foreign activists from Gaza flotilla appear in Israeli court
Ashkelon, Israel: Two foreign activists from a Gaza-bound flotilla who were brought to Israel for interrogation appeared before an Israeli court on Sunday, a rights group defending them told AFP. The flotilla of more than 50 vessels had set sail from France, Spain and Italy with the aim of breaking»»»
Photos – Greener, faster, stronger: EgyptAir launches fleet expansion with first Boeing 737 Max
EgyptAir has officially taken delivery of its first Boeing 737-8 Max, marking a strategic milestone in the national carrier’s comprehensive fleet modernization program. The aircraft arrived via a long-term lease agreement with SMBC Aviation Capital and is the first of 18 units scheduled to join the»»»
Air France flights over Libya causing concern to crew union – other airliners have been overflying since 2025
The reauthorization of flights over Libya by French airlines since the end of March is causing concern among some Air France flight crew unions, according to several French media sources yesterday. For the past month, Air France has been flying over Libya again, in order to save fuel on several fli»»»
GCC economies outperform global average in economic freedom index
JEDDAH: Gulf Cooperation Council economies have strengthened their collective standing in the 2026 Index of Economic Freedom, outperforming the global average as reforms continue to reshape regulatory frameworks, market openness and investment conditions across the region. According to data release»»»
Two Gaza flotilla activists to appear before Israeli court
ASHKELON, Israel: Two foreign activists from a Gaza-bound flotilla who were brought to Israel for interrogation will appear in court on Sunday, an Israeli rights group said. The flotilla of more than 50 vessels had set sail from France, Spain and Italy with the aim of breaking an Israeli blockade o»»»
Two Gaza flotilla activists to appear before Israeli court
Ashkelon, Israel: Two foreign activists from a Gaza-bound flotilla who were brought to Israel for interrogation will appear in court on Sunday, an Israeli rights group said. The flotilla of more than 50 vessels had set sail from France, Spain and Italy with the aim of breaking an Israeli blockade o»»»
18 Tonnes of Egyptian Peanuts Stopped at Border Due to Health Risk
Eighteen tonnes of peanuts in shell from Egypt will not reach the Bulgarian market due to dangerously high levels of mould contamination, the Bulgarian Food Safety Agency said on Sunday. Inspectors from the Varna Regional Food Safety Directorate found that the peanuts contained aflatoxin levels thr»»»
Egypt Says New Gas Discovery in Nile Delta Adds 50 mcf/d to Output
Egypt has announced a new natural gas discovery in the Nile Delta with an estimated production of around 50 million cubic feet per day (mcf/d). This will add to the country’s current output of about 4.2 billion cubic feet daily. In a statement, the Petroleum and Mineral Resources Ministry said on S»»»
China has now dropped tariffs on imports from every African country except 1
CAPE TOWN, South Africa: A China policy giving Africa’s biggest economies tariff-free access to its market for the next two years came into effect Friday while its economic rival the United States seeks to impose new import taxes under President Donald Trump’s push for protectionism. The China deal»»»
Trump declares Iran war over as Hormuz, nuclear talks resume
US President Donald Trump formally declared the war with Iran over, citing a ceasefire that has held since early April, as Washington and Tehran entered a new round of indirect negotiations mediated by Pakistan. The talks remain focused on two unresolved flashpoints: freedom of navigation in the St»»»
Egypt, Sweden explore expanding pharmaceutical cooperation
The Egyptian Drug Authority (EDA) Chairperson, Ali El Ghamrawy, met with Dag Juhlin-Dannfelt, Ambassador of Sweden to Egypt, to explore avenues for strengthening bilateral cooperation and advancing a strategic partnership in the pharmaceutical sector. The meeting also followed up on the outcomes of»»»
Egypt renews hosting of ICAO Middle East regional office
Egypt has signed an agreement to renew its hosting of the Middle East regional office of the International Civil Aviation Organization, reaffirming its long-standing role as a key hub for aviation cooperation in the region. Following the signing, ICAO Secretary General Juan Carlos Salazar praised E»»»
Egypt repays $6.4bn in external debt service in Q1 2025/26: CBE
The Central Bank of Egypt (CBE) said the government repaid $6.442bn in external debt service, covering both interest and principal, during the first quarter (Q1) of the 2025/2026 fiscal year, compared with $7.952bn in the same period of 2024/2025. In a recent report, the bank said the total include»»»