Agreement with Egypt’s ITIDA to create more than 1,000 jobs and expand technology and consulting exports The company selects Egypt as offshoring business grows, underpinned by skilled talent and engineering depth Cairo, Egypt, July 3, 2026 — EY Middle East and North Africa (EY MENA) has launched a »»»

Unemployment rate in France has been sustained at an alarming level of above 8% since the second half of the 1980s. It is currently at 9.7% with companies finding difficulties hiring even with the presence of offers which means for economists that France is hitting up against structural unemploymen»»»

Small caps lead gains while investors weigh debt inflows, IMF progress and improving external liquidity Cairo — Egyptian equities closed last week higher on Wednesday, extending the market’s recovery for a second consecutive session as foreign investors returned as net buyers and small- and mid-cap»»»

Egypt’s drive to localise pharmaceutical manufacturing has attracted fresh regional investor interest, with Gulf companies expressing a desire to participate in the Arab API project, one of the country’s largest strategic investments in pharmaceutical raw materials. Olfat Ghorab, Chairwoman of the »»»

dabaa nuclear power project President Abdel Fattah al-Sisi on Saturday, July 04, 2026, praised the longstanding cooperation between Egypt and Russia, expressing appreciation to Russian President Vladimir Putin for his support of major development projects. Speaking after inaugurating Egypt’s State »»»

DUBAI: ‌Egypt expects to receive €1.5 billion ($1.72 billion) from the European ​Union in the coming days, the first of two remaining tranches of a €5 billion macro-financial assistance package, Foreign Minister Badr Abdelatty said on Saturday. Speaking ‌at a ‌press ​conference ‌in ⁠Egypt’s ​new ad»»»

Global alternative payments platform Pay10 has officially entered the European Union after securing an Electronic Money Institution (EMI) licence from the National Bank of Hungary (Magyar Nemzeti Bank), a milestone that positions the company among only three EMI licence holders in the country and a»»»

Doha, Qatar: The FIFA World Cup entered the knockout stage with 32 teams still dreaming of glory. Over 16 matches played across the United States, Canada and Mexico, football’s biggest names were forced to fight for survival, big nations were sent home, and several nations celebrated the greatest v»»»

Egypt’s summer economy is not a single, uniform market but a fragmented system shaped by geography, lifestyle, and consumer behavior. According to Platformance’s Summer Egypt 2026 report, the season represents one of the country’s largest windows of concentrated consumer attention. Yet, it unfolds »»»

Sydney: Football Australia have thrown their support behind under-fire coach Tony Popovic despite some questionable decisions in their World Cup penalty shootout loss to Egypt that saw them again fail to clear a knockout round. Popovic sparked criticism from some high-profile former Australia playe»»»

Arab Finance: The Central Bank of Egypt (CBE) refuted reports circulating on social media and websites regarding the issuance of new 25-piastre, 50-piastre, and EGP 1 paper banknotes, according to an official statement. It clarified that the paper banknotes currently in circulation are from previou»»»

Cairo, In a significant move aimed at regulating the status of foreign residents, the Egyptian cabinet has extended the grace period for an additional year, allowing unlawful foreigners more time to legalize their residency. This decision, taken during a recent cabinet meeting, reflects Egypt’s eff»»»

Aswat Masriya: Food prices have jumped in September to reach the biggest monthly increase in five years, EFG Hermes Holdings said in a research paper on Thursday. The surge was driven by a rise in vegetable prices, the Egypt-based investment bank and market analysis group said. Egypt’s urban consum»»»

RIYADH: Saudi Arabia has become a key diplomatic actor in efforts to end Sudan’s civil war, with the Kingdom uniquely positioned to translate years of stalled negotiations into a ceasefire and political transition, according to the EU’s envoy for the Horn of Africa. “I think it’s key. I think it’s »»»

RIYADH: Saudi Pro League ‌club Al-Ahli announced on Saturday that Algeria international Riyad Mahrez had left the club after three seasons. “Thank you, Riyad Mahrez. Three unforgettable years... You will remain forever in the memory of Al-Ahli supporters,” the club said on X. Winger Mahrez made 122»»»

HOUSTON: Morocco produced a patient and professional performance to sweep past World Cup co-hosts Canada 3-0 in their round-of-16 clash on Saturday. A second-half brace from Azzedine Ounahi and a late Soufiane Rahimi strike on the break saw the Atlas Lions overpower their opponents, who offered lit»»»

TEXAS, USA: Zlatan Ibrahimovic ‌showed his warmer side by sending words of encouragement to Australian teenager Lucas Herrington after his penalty miss against Egypt in the World Cup round-of-32 shootout. The 18-year-old center back struck the crossbar with Australia’s fourth spot-kick, leaving Hos»»»

CAIRO: A well-preserved Byzantine-era residential city in the western desert is one of two major archaeological finds announced by Egypt on Saturday. The recent discoveries at the Dakhla Oasis and at the Marina el-Alamein archaeological site, near Alexandria, are the latest findings which the Egypt»»»

KANSAS CITY: Africa set a record by sending nine of its teams to the knockout rounds of the World Cup. Seven of them were knocked out in the first round. Ghana were the last African team to play in the Round of 32 on Friday night, and the white-clad Black Stars went down with a whimper in a 1-0 los»»»

BEIRUT: Shortly after Egypt made history by reaching a World Cup 16th round for first time by beating Australia, their coach celebrated the victory by waving a Palestinian flag. Hossam Hassan’s players had just won their Round of 32 match against Australia in a penalty shootout at Dallas Stadium on»»»

Cairo: An Egyptian court on Saturday handed a suspended six-month prison term to a former doctor convicted of spreading false information on social media alleging abuse of women at a university hospital, her lawyers said. Omnia Swaydan was convicted over a Facebook post describing what she said wer»»»

Egypt has reported a remarkable surge in remittance inflows from its expatriate community, reaching unprecedented levels in 2024. The Central Bank of Egypt (CBE) announced that remittances hit approximately $29.6 billion, marking a significant 51.3% increase compared to the previous year. This infl»»»

The Minister of Investment and International Cooperation Dr. Sahar Nasr, Federal Minister for Economic Cooperation and Development Dr. Gerd Müller and Chief Human Resources Officer and Member of the Managing Board of Siemens Ms. Janina Jugel laid the foundation stone for establishing a vocational t»»»

DALLAS: After a week in which Egypt’s coach Hossam Hassan fielded repeated questions about Australia’s physical advantages and Mohamed Salah’s fitness, it felt fitting that the Pharaohs’ biggest match on the world stage since 1934 began with the two captains — 175 cm Salah and the Socceroos’ 2-mete»»»

A nerveless Mohamed Salah said he decided only at the last moment to chip in his penalty under massive pressure to help Egypt into the World Cup last 16 on Friday. The former Liverpool superstar and Egypt captain stepped up third in the shootout for his country and scored a "Panenka" as they beat A»»»

Arlington, United States: Australia goalkeeper Patrick Beach had no idea he was going to be taken off for the World Cup penalty shootout with Egypt Friday as coach Tony Popovic came under fire for the baffling decision. Beach, 22, headed to the tournament as number two to seasoned Socceroos shot-st»»»

A nerveless Mohamed Salah said he decided only at the last moment to chip in his penalty under massive pressure to help Egypt into the World Cup last 16 on Friday. The former Liverpool superstar and Egypt captain stepped up third in the shootout for his country and scored a "Panenka" as they beat A»»»

Arlington, United States: Australia goalkeeper Patrick Beach had no idea he was going to be taken off for the World Cup penalty shootout with Egypt Friday as coach Tony Popovic came under fire for the baffling decision. Beach, 22, headed to the tournament as number two to seasoned Socceroos shot-st»»»

Egypt's pharmaceutical industry continues to strengthen its position as one of the country's leading industrial sectors, driven by rising domestic demand, expanding manufacturing capacity, and growing export performance. In 2025, the market recorded strong financial growth, while local production m»»»

Praia, Cape Verde: Applause erupted, drums began to beat and car horns honked: Cape Verde's narrow loss to Argentina was cause for celebration early Saturday in Praia as the Blue Sharks' World Cup dream run came to a sad but brilliant end. The African archipelago of just over 500,000 people progres»»»

MIAMI: Lionel Messi’s Argentina beat rank outsiders Cape Verde 3-2 after extra-time in an epic contest to reach the World Cup last 16 on Friday. An own goal from Diney Borges under pressure from Argentina’s Cristian Romero in the 111th minute settled the match in Miami and reigning champions Argent»»»

DUBAI: Egypt have beaten Australia in a penalty shootout at Dallas Stadium to reach the Round of 16 of the 2026 World Cup. It was their first-ever knockout stage win. They now join Morocco as the second African and Arab nation to reach the last 16 of this tournament. Egypt had been buoyed by the ne»»»

by Maye Kabil: Gulf countries played an important role in supporting the Egyptian economy after 30 June, either by financial, fuel aids and facilities or by directing more investments to Egypt. Their latest contributions were in the economic conference held in Sharm El Sheikh last March 2015, where»»»

Arlington, United States: Hossam Abdelmaguid scored the decisive penalty as Egypt beat Australia 4-2 on penalties after they finished level at 1-1 following extra time on Friday to reach the World Cup last 16. Egypt's players celebrate after winning the 2026 World Cup round of 32 football match bet»»»

Baghdad: In the heart of old Baghdad, legendary movie theatres stand abandoned and shrouded in dust, bearing witness to Iraq's once-vibrant cultural scene. A few kilometres away, director Ali al-Bayati oversees his camera operators as they adjust their lenses for a scene in his upcoming horror film»»»

Two years after clinching the silver medal, Egypt achieved a flawless performance to secure the gold at the IHF Wheelchair Handball World Championship. With a decisive 2:0 (6:1; 12:6) victory over the United States of America, Egypt finally claimed the title on home soil. During the inaugural champ»»»

Senior defense officials of Iran and Turkey discussed regional security developments and ways to expand bilateral defense cooperation, with Iran’s caretaker defense minister emphasizing Tehran’s lack of trust in the US regarding the implementation of the ceasefire agreement.In a telephone conversat»»»

African startups raised $1.44bn during the first half of this year, marginally surpassing the $1.42bn secured in H1 2025, as investors concentrated capital in fewer but significantly larger funding rounds despite a subdued global venture capital market. H1 2026 funding data show startups completed »»»

An Indian-founded global payments company has chosen Hungary as the base for its European expansion after receiving a key financial licence from the Hungarian National Bank (MNB). PAY TEN EU Kft., the Hungarian subsidiary of Pay10, has been granted an Electronic Money Institution (EMI) licence, all»»»

Doha, Qatar: As Americans prepare to celebrate the 250th anniversary of US independence on July 4, 2026, audiences in Qatar and around the world have been invited to explore the history, values, and landmarks that define the United States. Among the most recognisable are the presidential monuments »»»

Dubai: Emirates expects more than 3,500 children to travel independently over the next two weeks, in one of the busiest summer periods for its Unaccompanied Minors Service. Sign up for our daily business newsletter, Cheques & Balances.The surge comes as families begin their summer holidays before t»»»

Doha, Qatar: History will be made in Dallas today. When Australia and Egypt meet in the Round of 32, one nation will celebrate a milestone never achieved before, a first-ever knockout victory at the FIFA World Cup. Both teams have already made history, and now they have the chance to make even more»»»

Africa's growing reliance on domestic borrowing is reducing exposure to exchange-rate shocks but shifting financial risks onto domestic banking systems, Bank of Ghana Governor Johnson Pandit Asiama has warned. The shift towards domestic debt has accelerated across sub-Saharan Africa since global in»»»

China has taken another step towards expanding the international use of the yuan in Africa by appointing Standard Bank Group (JSE: SBK) and Industrial and Commercial Bank of China (SSE: 601398; HKEX: 1398) to operate the continent's first continent-wide renminbi clearing arrangement, reducing Afric»»»

The paramilitary Rapid Support Forces (RSF) of Sudan have intensified their bombardment of the strategic city of El Obeid, targeting fuel stations, electricity infrastructure, markets and residential neighbourhoods in a campaign that is accelerating the humanitarian crisis and raising the risk of a»»»

Chinese automotive leader Great Wall Motors is set to establish a significant manufacturing facility within Egypt’s Suez Canal Economic Zone, focused on car production and spare parts. This development follows a recent meeting between Egypt’s Prime Minister Mostafa Madbouly and Great Wall Motors’ V»»»

Share: This landmark document offers a once-in-a-generation opportunity to build real peace between Beirut and Jerusalem, but progress needs to be swift and visible given the threat of violent opposition from Iran and its local allies. By : Robert Satloff After a rocky start to their fifth round of»»»

Tehran, Iran: The US Central Command (CentCom) has convened a landmark regional security conference in Bahrain, bringing together military leaders from 12 nations, including unprecedented participation from Syria and Lebanon. The high-level summit, hosted by the Bahrain Defence Force, aimed to fort»»»

Cairo: Brazilian icon Zico lit up three World Cups as a player -- and 40 years after his final appearance at football's extravaganza his Egyptian namesake is keeping the name in the spotlight. Zico, 29, rewarded coach Hossam Hassan for selecting him by becoming the first Egyptian at a World Cup to »»»

LONDON: A military delegation from the Syrian Arab Republic on Thursday took part in a conference in Bahrain led by US Central Command alongside 10 countries from the Middle East. Col. Ahmad Saeed Issa, director of the Department of International Cooperation within the Ministry of Defense, led the »»»