Middle East Observer 43m

Egyptian Cabinet Extends Grace Period for Foreign Residents to Legalize Status by an Additional Year

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»»»

meobserver.org
Middle East Observer 1h

Egypt food prices make highest surge in five years: Hermes

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»»»

meobserver.org
Arab News 4h

Saudi diplomacy is key to ending Sudan war, EU special representative for the Horn of Africa tells Arab News

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 »»»

arabnews.com
Arab News 4h

Al-Ahli part ways with Mahrez

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»»»

arabnews.com
Arab News 4h

Morocco beat co-hosts Canada to reach quarter-finals of World Cup

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»»»

arabnews.com
Arab News 7h

Ibrahimovic offers support to Australia’s Herrington after World Cup penalty heartbreak

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»»»

arabnews.com
Arab News 7h

Egypt uncovers lost Byzantine-era city in the western desert

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»»»

arabnews.com
Arab News 7h

Africa’s World Cup surge fades as Ghana falls to Colombia, leaving Morocco and Egypt still standing

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»»»

arabnews.com
Arab News 8h

Egypt coach dedicates historic World Cup win to ‘good people’ of Palestine

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»»»

arabnews.com
Gulf News 9h

Egypt hands prison term to ex-doctor over hospital abuse claims

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»»»

gulfnews.com
Middle East Observer 10h

Egypt’s Remittances Hit Record $29.6 Billion

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»»»

meobserver.org
Middle East Observer 10h

Foundation stone of a vocational training centre laid in Ain Sokhna by Dr. Nasr, BMZ and Siemens

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»»»

meobserver.org
Arab News 16h

Salah and Egypt seize their chance

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»»»

arabnews.com
Arab News 16h

Salah says ‘had to do it’ after coolest of penalties in World Cup win

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»»»

arabnews.com
Arab News 16h

Australia goalkeepers were in dark about World Cup shootout switch

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»»»

arabnews.com
Arab News 16h

Salah says ‘had to do it’ after coolest of penalties in World Cup win

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»»»

arabnews.com
The Peninsula 16h

Australia goalkeepers were in dark about World Cup shootout switch

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»»»

thepeninsulaqatar.com
Arabfinance 18h

Exploring Egypt's Rising Pharmaceutical Industry Arab Finance For Information Technology

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»»»

arabfinance.com
The Peninsula 18h

Feels like 'victory': Cape Verde celebrates heroic World Cup defeat

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»»»

thepeninsulaqatar.com
Arab News 21h

Argentina beat Cape Verde 3-2 after extra-time to reach World Cup last 16

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»»»

arabnews.com
Arab News 04.07. 00:53

Egypt overcome Australia to reach last 16 in 2026 World Cup

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»»»

arabnews.com
Middle East Observer 03.07. 23:34

Gulf investments in Egypt post 30 June

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»»»

meobserver.org
The Peninsula 03.07. 23:09

Egypt beat Australia 4-2 on penalties to reach World Cup last 16

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»»»

thepeninsulaqatar.com
The Peninsula 03.07. 14:34

'Not easy, but not impossible': Iraq's film industry sees slow revival

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»»»

thepeninsulaqatar.com
Middle East Observer 03.07. 13:56

Egypt Crowned World Champions at the IHF Wheelchair Handball World Championship

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»»»

meobserver.org
Al Manar 03.07. 13:37

Iran, Turkey Stress Regional Security Cooperation

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»»»

english.almanar.com.lb
BNE 03.07. 11:50

Mega-deals, debt financing and M&A drive African startup funding to $1.44bn in H1 2026

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 »»»

intellinews.com
Dailynews Hungary 03.07. 11:29

Is Revolut getting a new rival in Hungary? Payments face big shake-up as global fintech launches from Budapest

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»»»

dailynewshungary.com
The Peninsula 03.07. 09:55

Celebrating 250 years of American history

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 »»»

thepeninsulaqatar.com
Gulf News 03.07. 09:33

Emirates expects 3,500 children to fly alone this summer

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»»»

gulfnews.com
The Peninsula 03.07. 09:19

History awaits as Australia and Egypt battle for first World Cup knockout win

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»»»

thepeninsulaqatar.com
BNE 03.07. 05:34

Bank of Ghana governor warns Africa's domestic debt boom is shifting risk to lenders

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»»»

intellinews.com
BNE 03.07. 05:34

China challenges dollar dominance with Africa-wide yuan clearing hub

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»»»

intellinews.com
BNE 03.07. 05:34

Sudanese paramilitary massing for El Obeid assault targeting key civilian infrastructure, Yale study warns

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»»»

intellinews.com
Middle East Observer 03.07. 03:58

Great Wall Motors to Launch Major Automotive Manufacturing Hub in Egypt’s Suez Canal Economic Zone

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»»»

meobserver.org
Ya Libnan 03.07. 03:06

Assessing the Israel-Lebanon Framework Agreement – Ya Libnan

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»»»

Gulf News 03.07. 02:45

'Outsiders cannot even protect themselves': Iran's FM Araghchi lashes out as CentCom gathers 12 nations for security dialogue

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»»»

gulfnews.com
The Peninsula 02.07. 22:18

'Zico' -- from Brazil to Egypt, a name steeped in World Cup lore

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 »»»

thepeninsulaqatar.com
Arab News 02.07. 20:50

Syrian military officials take part in CENTCOM-led conference in Bahrain

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 »»»

arabnews.com
Al Majalla 02.07. 15:41

Trump's Libya deal: a 'forced marriage' between East and West?

In Libya, there is little enthusiasm for a roadmap unveiled in August 2025 by Hanna Tetteh, the United Nations envoy tasked with steering the country out of a prolonged crisis, in which the country is divided between two rival camps, in the east and west. She is the latest in a long line of envoys—»»»

en.majalla.com
Al Majalla 02.07. 15:05

Maxime Prévot on Europe's push to reassert its relevance in the Gulf

Belgian Deputy Prime Minister and Minister of Foreign Affairs Maxime Prévot speaks to Al Majalla at a delicate diplomatic moment for his country. In November, he will take part in one of the largest Belgian economic missions to Saudi Arabia in over a decade, led personally by Queen Mathilde, at a t»»»

en.majalla.com
BNE 02.07. 14:33

Rwanda steps up nuclear ambitions with Russia-backed SMR cooperation agreement

Russia and Rwanda have agreed a roadmap to advance cooperation on small modular reactors (SMRs) and civilian nuclear energy, marking the latest step in Kigali's ambition to introduce nuclear power into its energy mix in the early 2030s. The roadmap was signed during the inaugural meeting of the Joi»»»

intellinews.com
Gulf News 02.07. 14:26

AI and virtual reality take centre stage in Abu Dhabi's anti-drug campaign

Abu Dhabi: As part of the activities marking World Drug Day 2026 and the National Anti-Drug Campaign under the slogan “United Against Drugs: Eradicating the Threat,” the Anti-Narcotics Directorate of Abu Dhabi Police General Headquarters organised an innovative interactive awareness exhibition at B»»»

gulfnews.com
Arab News 02.07. 14:03

Royal reserve signs memorandum to protect houbara bustard

RIYADH: The King Abdulaziz Royal Reserve Development Authority has signed a memorandum of understanding with the Prince Mohammed bin Salman Foundation for Houbara Conservation to support national efforts to protect the endangered bird and reintroduce the houbara bustard into its natural habitats, c»»»

arabnews.com
Gulf News 02.07. 14:02

Leaving for a holiday this summer? Here's how to keep your home safe

Abu Dhabi: With the arrival of holiday seasons and increased travel both within and outside the country, families and individuals are placing greater emphasis on taking the necessary precautions to safeguard their homes and possessions during periods of absence. While travel offers relaxation and e»»»

gulfnews.com
Egypt Independent 02.07. 11:35

Egypt, Nigeria explore investment opportunities in digital, healthcare sectors

Investment and Foreign Trade Minister Mohamed Farid Saleh stressed that Nigeria is an important economic and investment partner for Egypt and a promising market for Egyptian companies and products. Farid noted that the ministry is working to deepen cooperation with African countries and open new ar»»»

egyptindependent.com
Middle East Observer 02.07. 11:31

Egypt’s Central Bank Holds Firm on Interest Rates

In a steadfast decision, the Central Bank of Egypt (CBE) has opted to maintain its current interest rates for the seventh consecutive time, marking a significant stance in its first assembly of 2025. The overnight deposit rate remains at 27.25%, the overnight lending rate at 28.25%, and the main op»»»

meobserver.org
Arabfinance 02.07. 09:58

PRE Group's Q1 2026 consolidated profits soar 337.7% YoY Arab Finance For Information Technology

Arab Finance: Pioneers Properties for Urban Development (PRE Group) reported a 337.73% year-on-year (YoY) increase in consolidated net profit after tax and attributable to the parent company during the first quarter (Q1) of 2026, according to its financial statements submitted to the Egyptian Excha»»»

arabfinance.com
Middle East Observer 02.07. 09:30

Egypt Secures $300m Chinese Investment to Deepen Automotive Supply Chain

CAIRO — Egypt has secured a US$300 million Chinese investment in automotive tyre reinforcement materials as Cairo accelerates efforts to build a vertically integrated manufacturing base capable of serving regional and global export markets through the Suez Canal Economic Zone (SCZONE). Prime Minist»»»

meobserver.org
Middle East Observer 02.07. 08:40

Ceiling for Saudi investments in Egypt steps up

The Egyptian-Saudi Businessmen Council is planning to raise the ceiling for investments in Egypt from both the public and private sectors in the Kingdom. The ceiling will be raised to $51 billion, the council said in a statement released Friday, adding that investments will be pumped as part of an »»»

meobserver.org