Middle East Observer 2h

Egypt and Germany Aim to Elevate Trade Relations with Ambitious €9bn Target

Egypt and Germany have announced plans to significantly increase their bilateral trade to €9 billion by the end of 2024. This ambitious target, revealed during an economic summit in Düsseldorf, represents a substantial €2 billion increase from the current trade level of €7 billion. The summit saw E»»»

meobserver.org
Gulf News 3h

Moon UAE founders say Abu Dhabi may be the only viable site for $5 billion resort

Dubai: Abu Dhabi may be the only viable location in the UAE for the proposed $5 billion Moon resort, according to its founders, who say the development requires 556 acres and cannot move forward without direct government support. Sign up for our daily business newsletter, Cheques & Balances.Michael»»»

gulfnews.com
Middle East Observer 5h

12/04/2017 Tenders

Agriculture, Food & Beverages Client : Tanta University Universal Cities Department Address : Al Mathaf with ElGish Street, Tanta, Egypt Tender : General tender for 2016/2017 for supply of foods for universal cities restaurants Tender documents : EGP800 A bid bond of EGP620,000 to be submitted – A »»»

meobserver.org
Arab News 5h

US launches more strikes on Iran as standoff over Strait of Hormuz escalates

DUBAI: The US military said it has launched another round of strikes against Iran “to degrade their ability to attack commercial ships freely transiting the Strait of Hormuz.” The latest salvo began at 2100 GMT on Sunday, US Central Command (CENTCOM) said on X, adding that President Donald Trump “h»»»

arabnews.com
Middle East Observer 7h

CIB best bank in Egypt, Ahli United Bank most efficient

Business News announced the results of its seventh edition of the Bank Performance Indicators in Egypt in 2017. The Commercial International Bank (CIB) received the Bank of the Year award, following a year of strong and balanced performance. The unfavorable economic conditions did not prevent the b»»»

meobserver.org
Middle East Observer 8h

Industrial zone in Ethiopia still unmapped

by Ahmed El-Mahdi The director of the Egyptian Industrial Zone in Ethiopia, Alaa al-Saqti, has called for a detailed plan to be drawn up of the industrial city so as to make best use of the available area. He added that he would send a memo to this effect to Prime Minister Ibrahim Mahlab within the»»»

meobserver.org
Middle East Observer 8h

China Dominates Global Banking While MENA Lenders Strengthen Regional Standing

China has further consolidated its position at the pinnacle of global banking, with seven Chinese lenders occupying the world’s top 10 positions by Tier 1 capital, including the world’s four largest banks, according to The Banker’s Top 1000 World Banks 2026. Compiled annually by The Banker, a Finan»»»

meobserver.org
Daily News Egypt 9h

Egypt reviews Nile Basin cooperation projects, highlights $100m financing mechanism for regional development

Egypt has reviewed the implementation of water cooperation projects with several Nile Basin countries and reaffirmed its commitment to supporting regional development through a $100m financing mechanism for priority projects, the Ministry of Water Resources and Irrigation said. According to a minis»»»

dailynewsegypt.com
Arab News 9h

Archaeologists uncover 3,000-year-old tomb near Egypt’s Luxor

CAIRO: Archaeologists uncovered a 3,000-year-old tomb near the southern Egyptian city of Luxor, authorities said on Sunday, the latest in a series of discoveries that officials hope will boost tourism. The tomb, identified as belonging to a man named Paser, was found by a Dutch archaeological missi»»»

arabnews.com
Qatar Tribune 11h

World leaders offer condolences to Qatar over the death of Father Amir

DOHA: The Arab and Islamic worlds received the news of the passing of the State of Qatar's great statesman, HH the Father Amir Sheikh Hamad bin Khalifa Al Thani, with profound sadness. Widely recognized for his dedication to Arab and Islamic causes, HH the late Father Amir devoted his time, effort,»»»

qatar-tribune.com
Middle East Observer 12h

Saudi Arabia’s Strategic Oil Price Hike Amid Global Sanctions

In an assertive maneuver that underscores the shifting dynamics of the global oil market, Saudi Arabia’s state-owned oil giant, Aramco, has announced a significant increase in oil prices for March deliveries. This decision comes at a time when the world’s energy landscape is undergoing rapid change»»»

meobserver.org
Arab News 13h

UAE president arrives in El Alamein for talks with Egyptian president

LONDON: UAE President Sheikh Mohamed bin Zayed Al-Nahyan arrived in the Egyptian city of El Alamein on Sunday to discuss latest regional developments with President Abdel Fattah El-Sisi. The two leaders discussed ongoing efforts to address developments in the Middle East and affirmed the importance»»»

arabnews.com
Arab News 15h

Egyptian football looks toward bright future after World Cup heroics

RIYADH: For a moment, it felt real. Egypt had been in control against defending champions Argentina for nearly 80 minutes, inching closer to uncharted territory: the final eight of the FIFA World Cup. In hindsight, Egyptian fans’ refusal to accept that their nation could see this through proved wel»»»

arabnews.com
Gulf News 15h

UAE and Egypt leaders discuss stronger ties and regional issues

El Alamein: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Abdel Fattah Al Sisi, President of the Arab Republic of Egypt, discussed the fraternal ties between the two countries and ways to further strengthen cooperation across all sectors in support of their mutual interests and »»»

gulfnews.com
Gulf News 15h

UAE and Egypt leaders discuss stronger ties and regional issues

El Alamein: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Abdel Fattah Al Sisi, President of the Arab Republic of Egypt, discussed the fraternal ties between the two countries and ways to further strengthen cooperation across all sectors in support of their mutual interests and »»»

gulfnews.com
Egypt Independent 16h

Naguib Sawiris boosts funding for Egypt’s pyramids facilities development

Egypt's Giza Plateau- Pyramids Orascom Pyramids Entertainment, owned by billionaire Naguib Sawiris, is increasing its investment in ancient Egyptian archaeological sites by a third, betting on sporting events and pop concerts by stars like Shakira to help propel tourism to new heights. The new inve»»»

egyptindependent.com
The Peninsula 16h

Oman condemns attack on its territory: state media

Muscat, Oman: The Omani government condemned on Sunday an attack on its territory, state media announced, with Iran's Guards saying they targeted it during a barrage aimed at countries across the Gulf. The Oman News Agency said on X that "the Sultanate of Oman affirms its condemnation and denunciat»»»

thepeninsulaqatar.com
The Peninsula 20h

World leaders mourn passing of Father Amir

Doha, Qatar: Tributes and condolences poured in from world leaders following the passing of Father Amir HH Sheikh Hamad bin Khalifa Al Thani. The Amiri Diwan announced the death of HH the Father Amir on Sunday morning July 12, 2026, at the age of 74. The Prime Minister of the Islamic Republic of Pa»»»

thepeninsulaqatar.com
The Peninsula 20h

Belgium’s golden generation takes final World Cup bow

Doha, Qatar: Belgium’s finest era ends without the World Cup glory it once promised. For more than a decade, Belgium’s golden generation captivated world football with a squad overflowing with talent. They climbed to the top of the FIFA World Ranking, produced some of the game’s finest players and »»»

thepeninsulaqatar.com
Arabfinance 21h

EMTC: Pioneering the Transition to Precision Milling and Smart Supply Chains Arab Finance For Information Technology

Arab Finance: As Egypt navigates structural shifts across its agricultural supply chains, the local milling sector is under intense pressure to modernize, optimize capacity, and ensure food security for a growing population of over 112 million. Caught between global market volatility, a rapid 76% s»»»

arabfinance.com
Arabfinance 21h

Startup Egypt: Turning Innovation into Economic Growth Arab Finance For Information Technology

Egypt’s startup ecosystem is entering a new phase of transformation with the launch of the Startup Egypt Platform, a national initiative designed to lower entry barriers and accelerate entrepreneurial growth. By combining government support with private-sector expertise, the platform offers a unifi»»»

arabfinance.com
Arabfinance 21h

Egypt’s agricultural exports exceed 5.8M tons so far in 2026 Arab Finance For Information Technology

Arab Finance: Egypt’s agricultural exports have surpassed 5.8 million tons so far this year amid rising global demand, Minister of Agriculture and Land Reclamation Alaa Farouk announced. This reflects the country's success in developing the agricultural sector and enhancing its competitiveness on t»»»

arabfinance.com
France24 21h

'This is our sky': Palestinians fly kites in defiance of Israeli settlers in West Bank

Every summer since 2009, residents of a Palestinian village in the Israeli-occupied West Bank have gathered for a kite festival. The event is held on land that they say has been partly lost since a settlement was established in 1983. The festival, while primarily for children, carries a "polit»»»

france24.com
Middle East Observer 22h

Mamish: the New Suez Canal is the Artery of World Trade

“Welcome to Egypt, the cradle of civilization and welcome to New Suez Canal , a crucial artery of global trade,”. That was the opening speech addressed by Vice Admiral Mohab Mamish, of the Suez Canal Authority (SCA) and the man in charge of the project, noting that the key development to Egypt prog»»»

meobserver.org
Gulf News 22h

Saudi Arabia’s new Package Visa: Six countries eligible for faster tourist visas

Saudi Arabia has launched a new Package Visa initiative, announcing the first six countries eligible for the scheme that allows travellers to obtain a tourist visa through a single integrated travel package. The programme aims to simplify the visitor journey by combining flights, accommodation and »»»

gulfnews.com
Arabfinance 22h

Badawi inspects Shell’s Velox 1X well in Mediterranean Arab Finance For Information Technology

Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi visited the drilling operations site of the “Velox-1X” exploration well onboard the drillship Stena Ice MAX, according to a statement. The well is being executed by Shell in the North Cleopatra concession within the Herodotus Ba»»»

arabfinance.com
Al Majalla 22h

World Cup politics: something ugly in the beautiful game

In a way, politics will always be part of football. The game’s importance to fans makes it inevitable. This is why prime ministers and presidents like to declare themselves fans of one team or another, even if sometimes they forget which club they support between interviews. Cue a gentle cough in t»»»

en.majalla.com
Arab News 23h

Argentina sink 10-man Swiss to set up blockbuster World Cup semifinal with England

Argentina sink 10-man Swiss to set up blockbuster World Cup semifinal with England KANSAS CITY: Julian Alvarez scored a breathtaking goal as Argentina battled past 10-man Switzerland 3-1 after extra-time on Saturday, setting up a mouthwatering World Cup semifinal against bitter rivals England. Fans»»»

arabnews.com
Arab News 1d

Iran attacks Qatar, Bahrain and UAE after fresh US strikes over Hormuz

DUBAI: Iran launched missile and drone attacks against Bahrain, Qatar and the United Arab Emirates on Sunday, widening its military campaign across the Gulf only hours after the United States carried out a third round of airstrikes against Iranian targets in retaliation for attacks on commercial sh»»»

arabnews.com
Middle East Observer 12.07. 02:37

Pfizer Names Amr Seif as Regional Director for Egypt, Levant, and Iraq

Pfizer has officially announced the appointment of Amr Seif as the Regional Director for Egypt, Levant, and Iraq, effective September 15. In this pivotal role, Amr will helm the company’s operations across the region and champion various initiatives that bring cutting-edge scientific innovations in»»»

meobserver.org
Qatar Tribune 12.07. 00:06

Doha strives to preserve last window between Washington and Tehran

Khaled Al Hameidi DoHA As the fragile calm between the United States and Iran faces mounting pressure following renewed military exchanges and increasingly confrontational political rhetoric, Qatar has intensified diplomatic efforts to prevent the remaining channels of communication from closing. W»»»

qatar-tribune.com
Arab News 11.07. 23:08

Startup wrap — MENA investment rises 190% to $148.2m in June

RIYADH: Investment momentum in the Middle East and North Africa region continued its steady trend in June, with 41 startups collectively raising $148.2 million, representing an annual rise of 190 percent. According to Wamda data, startup investments over the month declined by 76 percent compared to»»»

arabnews.com
Arab News 11.07. 22:10

How Iran and the Hormuz crisis pose a strategic test for NATO

LONDON: The main focus of the two-day NATO summit in Ankara this week was, overwhelmingly, the alliance’s renewed pledge of “unwavering support for Ukraine in defending its freedom, sovereignty, and territorial integrity,” backed by additional military equipment and training. There was also a renew»»»

arabnews.com
Arab News 11.07. 21:34

Belgium coach Garcia’s tenure in doubt after Courtois substitution

ATLANTA: Belgium coach Rudi Garcia came under a barrage of fire for replacing first-choice goalkeeper Thibaut Courtois in Friday’s World Cup quarter-final loss to Spain, adding to questions about his future. Courtois felt he could continue despite a twinge in his leg, but Garcia insisted he come of»»»

arabnews.com
Daily News Egypt 11.07. 20:50

Egypt says four EU-backed local development projects reach 25% completion

Egypt has completed around 25% of four local economic development projects in Fayoum, Beni Suef, Luxor and Aswan under a European Union-funded technical assistance programme implemented in cooperation with the United Nations Development Programme (UNDP), Minister of Local Development Manal Awad sai»»»

dailynewsegypt.com
Daily News Egypt 11.07. 20:50

Egypt rejects recognition of ‘Somaliland’ in talks with Somali foreign minister

Egypt completely rejects any measures that would compromise Somali territorial integrity, including any recognition of the so-called “Somaliland”, Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty said on Saturday. During a phone call with Somalia’s Mini»»»

dailynewsegypt.com
Daily News Egypt 11.07. 20:50

Industry Minister tours Misr Spinning & Weaving complex in El Mahalla El Kubra

Egypt’s Minister of Industry, Khaled Hashem, began a field tour of El Mahalla El Kubra—one of the country’s largest industrial hubs—with a visit to the Misr Spinning and Weaving Company complex, reaffirming the government’s commitment to modernising the textile sector, strengthening domestic manufa»»»

dailynewsegypt.com
Daily News Egypt 11.07. 20:50

Egyptian electricity minister meets China’s CSGI to plan 45% renewable energy mix within two years

Egypt is exploring technical cooperation with China Southern Power Grid (CSGI) to upgrade its national electricity grid and integrate 45 per cent renewable and clean energy into its energy mix over the next two years, the Ministry of Electricity and Renewable Energy said. Minister of Electricity an»»»

dailynewsegypt.com
Daily News Egypt 11.07. 20:50

Al Alamein Airport records 57% jump in passenger traffic ahead of EIAS 2026

Al Alamein International Airport recorded a 57% year-on-year increase in passenger traffic as Egypt accelerates preparations to host the second edition of the Egypt International Air Show (EIAS 2026) this September, according to the Cabinet’s Information and Decision Support Center (IDSC). The gove»»»

dailynewsegypt.com
Daily News Egypt 11.07. 20:50

14 countries account for 68.8% of Egypt’s foreign trade in H1 FY2025/26: CBE

Fourteen countries accounted for 68.8% of Egypt’s total foreign trade during the first half (July–December) of fiscal year 2025/26, with combined trade reaching $50.616bn, according to a report published by the Central Bank of Egypt (CBE). The total comprised imports worth $36.147bn and exports amo»»»

dailynewsegypt.com
Arab News 11.07. 20:34

Palestinians in West Bank fly kites in defiance of settlers

BURIN, Palestinian Territories: As brightly colored kites climb above Burin, a Palestinian village in the Israeli-occupied West Bank, children race across a sun-baked hillside, watching their creations soar into the sky. Behind them, the red-roofed houses of Har Bracha, an Israeli settlement, overl»»»

arabnews.com
Daily News Egypt 11.07. 18:50

CBE explains rationale for holding interest rates steady for third consecutive meeting

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) explained the rationale behind its decision to leave key policy interest rates unchanged for the third consecutive meeting, saying the move reflects its assessment of recent inflation developments and the outlook since its previ»»»

dailynewsegypt.com
Daily News Egypt 11.07. 18:50

Egypt, Türkiye push to restore US-Iran negotiations to avoid military escalation

Egypt and Türkiye have called for intensified joint efforts to restore the negotiation track between the United States and Iran to reach a final diplomatic agreement and prevent the risk of regional military escalation. The stance was agreed during a phone call on Saturday between Egyptian Minister»»»

dailynewsegypt.com
Daily News Egypt 11.07. 18:50

Saib Bank signs EGP 300m financing agreement with Erada Finance to support MSMEs

Saib Bank has signed a medium-term financing agreement worth EGP 300m with Erada Finance to expand funding for micro, small and medium enterprises (MSMEs), reinforcing its efforts to increase financial inclusion and support private sector growth. Afdal Naguib, CEO and Managing Director of saib Bank»»»

dailynewsegypt.com
Daily News Egypt 11.07. 18:50

Four-bank consortium extends EGP 4bn syndicated loan to Ora Developers Egypt

A consortium of four of Egypt’s leading banks has arranged a EGP 4bn syndicated loan for Ora Developers Egypt to finance the remaining construction works at the ZED El Sheikh Zayed development, increasing the total financing provided for the project to EGP 9bn. The banking consortium comprises Banq»»»

dailynewsegypt.com
Arab News 11.07. 18:10

African results justify World Cup slots increase amid criticism

JOHANNESBURG: When four-time World Cup winners Italy failed to qualify for the 2026 tournament, then head coach Gennaro Gattuso lamented that Africa had so many places at the global showcase. “Africa deserves fewer World Cup slots,” he said, referring to the number of automatic qualifying places al»»»

arabnews.com
The Peninsula 11.07. 17:26

Egyptian, Turkish Foreign Ministers stress need to contain regional tension, get back to negotiations

Cairo: Egyptian Foreign Minister Badr Abdelatty and his Turkish counterpart, Hakan Fidan, emphasized, during a phone call Saturday, the importance of de-escalating tensions and containing unrest in the region. They also stressed the need to intensify joint efforts between their two countries to res»»»

thepeninsulaqatar.com
Arab News 11.07. 17:24

Foreign ministers of Saudi Arabia and Pakistan call for renewed US-Iran talks

RIYADH: Saudi Arabia and Pakistan on Saturday urged the US and Iran to resume peace talks after clashes between the two sides. The call came during a phone conversation between the Kingdom’s Foreign Minister Prince Faisal bin Farhan and his counterpart in Pakistan Ishaq Dar. The ministers discussed»»»

arabnews.com
Sana 11.07. 17:23

Egyptian, Turkish FMs stress support for Syria’s stability and sovereignty

Cairo, July 11 (SANA) Egyptian Foreign Minister Badr Abdelatty and Turkish Foreign Minister Hakan Fidan held a telephone conversation on Saturday, emphasizing the importance of supporting efforts to achieve security and stability in Syria while preserving the country’s unity, sovereignty and instit»»»

sana.sy
Gulf News 11.07. 17:14

Kites rise above West Bank village as Palestinians reclaim their skies

Burin, Palestinian Territories: As brightly coloured kites climb above Burin, a Palestinian village in the Israeli-occupied West Bank, children race across a sun-baked hillside, watching their creations soar into the sky. Behind them, the red-roofed houses of Har Bracha, an Israeli settlement, over»»»

gulfnews.com