Arabfinance 13m

Egypt targets $6B in outsourcing service exports by 2026 Arab Finance For Information Technology

Arab Finance: Egypt is aiming to increase outsourcing service exports from around $5.2 billion to $6 billion by 2026 as part of broader efforts to strengthen its position as a regional and global hub for digital and business services, according to a new analysis issued by the Cabinet's Information »»»

arabfinance.com
Arab News 2h

Saudi UN envoy warns external arms suppliers are fueling war in Sudan, rejects parallel rule

NEW YORK CITY: Saudi Arabia’s envoy to the UN, Abdulaziz Alwasil, told the Security Council on Friday that there can be no military solution to the civil war in Sudan. He warned that the continued fighting in the country and arms support provided to the warring factions by other countries were wors»»»

arabnews.com
Middle East Observer 7h

Leading Egyptian technology and solution providers to showcase at Gitex Dubai

Sixty Egyptian IT companies are taking part in the 35th Gitex Technology Week, running from 18 to 22 October at the Dubai Convention Centre. The exhibition is an exclusive platform for the Egyptian technology and solution providers to show off their latest products and technology services under “Eg»»»

meobserver.org
Middle East Observer 7h

06/04/2017 Tenders

Fire Safety and Seucrity Client : Misr Aluminium Company Address : 48/50 Abd Elkhalek Tharwat Street, Cairo Tender : 1) Tender No. 22/2016/2017 for supply of cars spare pars (Afiko & Skania) Opening envelopes : 10-4-2017 2) Tender No. 23/2016/2017 for supply of internal and external rubber tyres 12»»»

Middle East Observer 7h

SODIC expects EGP 5bn of sales

Beltone Financial expects SODIC, 6 October Development & Investment, to hit its sales target of 2016, worth EGP 5bn. SODIC’s recent implementation of Caesar project worth EGP 300m is believed to be the reason behind its sales boom, according to Beltone Finacial report. The company will also propose»»»

meobserver.org
Arab News 7h

A Moroccan court sentences 29 prominent people in major drug trafficking and corruption case

CASABLANCA: A Moroccan court handed prison sentences to 29 people, including prominent politicians and sports and business figures, in an international drug trafficking and corruption scandal that has rocked the country. The court also ordered the defendants to pay hundreds of millions of dollars i»»»

arabnews.com
The Peninsula 9h

Shura Council participates in 8th Arab Parliament conference in Cairo

Cairo: The Shura Council, is participating in the 8th Conference of the Arab Parliament and Speakers of Arab Councils and Parliaments, which will be held in Cairo, Egypt on Saturday. Speaker of the Shura Council HE Hassan bin Abdullah Al Ghanim, will lead the Council's delegation to the conference.»»»

thepeninsulaqatar.com
Arab News 10h

Mbappe v Haaland as France face Norway in World Cup group decider

LOS ANGELES, USA: A mouthwatering duel between in-form goalscorers Kylian Mbappe and Erling Haaland will take center stage at the World Cup on Friday as France face Norway in a crucial Group I decider. Real Madrid star Mbappe and Manchester City striker Haaland have started the tournament in bliste»»»

arabnews.com
The Peninsula 11h

Mbappe v Haaland as France face Norway in World Cup group decider

Los Angeles: A mouthwatering duel between in-form goalscorers Kylian Mbappe and Erling Haaland will take centre stage at the World Cup on Friday as France face Norway in a crucial Group I decider. Real Madrid star Mbappe and Manchester City striker Haaland have started the tournament in blistering »»»

thepeninsulaqatar.com
Arabfinance 11h

TMG Holding, SOKNA partner for BOSTAN cemeteries project in Egypt Arab Finance For Information Technology

Arab Finance: Talaat Moustafa Group (TMG Holding) has entered into a strategic partnership with SOKNA to provide a comprehensive, organized, and dignified cemetery experience in Egypt, according to an emailed press release. This collaboration integrates the group’s extensive experience in real esta»»»

arabfinance.com
France24 12h

World Cup 2026: Seattle set for Iran-Egypt match amid ‘Pride Match’ controversy

Rainbow flags are expected to flutter across Seattle's stadium on Friday when Iran meets Egypt in the World Cup Group G match as the city marks its annual Pride parade. The two countries last year asked for Pride-themed celebrations to be cancelled, a request FIFA denied. Players and officials of b»»»

france24.com
Middle East Observer 13h

Natural gas increased by 60 percent since the beginning of 2016

In a statement to Al-Ahram, Minister of Petroleum and Mineral Resources Tariq Al-Mulla said that Egypt production of natural gas increased by 60 percent since the beginning of 2016, rising from 3.8 billion cubic feet per day to 5.1 billion cubic feet per day. Al Mulla added that the increase came f»»»

meobserver.org
Gulf News 13h

UAE seeks to build next generation of Emirati tax experts

Abu Dhabi: Abdulaziz Mohammed Al Mulla, Director General of the Federal Tax Authority (FTA), has reaffirmed the Authority's commitment to increasing reliance on Emirati talent within the tax system. He said the FTA is implementing an integrated strategy to expand the pool of qualified national tax »»»

gulfnews.com
Arab News 14h

Iran and FIFA refuse to answer questions about Seattle’s World Cup vs. Egypt

SEATTLE: Before coach Amir Ghalenoei or goalkeeper Alireza Beiranvand answered any questions Thursday ahead of Iran’s World Cup match with Egypt, a FIFA official spoke up. Daniel Marin, FIFA’s executive director of public relations, read a statement in light of the teams meeting in a “Pride Match” »»»

arabnews.com
BNE 15h

Nigeria's Daya raises $2.4mn to expand stablecoin payment network across Africa

Nigerian fintech startup Daya has raised $2.4mn in a pre-seed funding round to expand its stablecoin-powered cross-border payments platform, underscoring growing investor interest in blockchain-based payment infrastructure serving African businesses. The funding round was led by New York-based digi»»»

intellinews.com
Arab News 15h

Iran and FIFA refuse to answer questions about Seattle’s World Cup vs. Egypt

SEATTLE: Before coach Amir Ghalenoei or goalkeeper Alireza Beiranvand answered any questions Thursday ahead of Iran’s World Cup match with Egypt, a FIFA official spoke up.Daniel Marin, FIFA’s executive director of public relations, read a statement in light of the teams meeting in a “Pride Match” i»»»

Arab News 15h

Highlights from the SSF 2026 ‘Journey Film’ category 

‘Lost Land’ Director: Akio Fujimoto Starring: Shomira Rias Uddin, Muhammad Shofik Rias Uddin Billed as the “first-ever Rohingya-language feature … a haunting, intimate portrait of two siblings fleeing persecution in Myanmar,” the Japanese director’s third feature film follows nine-year-old Somira a»»»

arabnews.com
Gulf News 16h

UAE Floating Hospital performs four surgeries for Gaza patients

Al Arish: The UAE Floating Hospital in Al Arish in the Arab Republic of Egypt has performed four specialised surgeries for patients from the Gaza Strip under ''Operation Chivalrous Knight 3'', as part of its ongoing medical and humanitarian efforts to provide specialised treatment and healthcare to»»»

gulfnews.com
The Peninsula 17h

Iran’s knockout hopes on line against Egypt

Doha, Qatar: The final round of Group G fixtures sees Iran face Egypt in a match with major implications for qualification to the Round of 32. With Egypt already through, attention turns to whether Iran can secure a place in the knockout stage. The crucial match will be played on Saturday (6am, Qat»»»

thepeninsulaqatar.com
Middle East Observer 18h

Egypt-European Union ink deal

Egypt and the European Union (EU) signed last Sunday a memo of understanding to improve efficiency in water and agricultural sectors. The memo aims at offering EU’s technical and financial assistance to improve water resources management mechanism in Egypt. Water Resources Minister Hossam Moghazi, »»»

meobserver.org
Middle East Observer 22h

Are youth reviving tourism?

Over the past few years, one of Egypt’s main origins had been depleting, namely tourism. Being a country that is mostly popular for the diversity of its touristic destinations, Egypt typically attracted tourists all yearlong; Upper Egypt was bustling with tourists during the winter while beach dest»»»

meobserver.org
Arab News 25.06. 22:44

UN envoy says Jeddah deal can still anchor future Sudan peace talks, as fears grow over El-Obeid 

NEW YORK CITY: The 2023 Jeddah agreement brokered by Saudi Arabia can still serve as a foundation for future Sudan peace talks, the UN’s special envoy for Sudan, Pekka Haavisto, said on Thursday, even as he voiced alarm over an intensifying offensive by the Rapid Support Forces around the city of E»»»

arabnews.com
Arab News 25.06. 20:19

The World Cup is half over, with 54 of 104 matches complete, and the drama is just getting started

FLORIDA, USA: It’s halftime at the World Cup. Take a break, everyone. Wednesday marked the midpoint of the 104-match tournament — technically, just past the midpoint, with 54 matches now in the books and 50 remaining before a World Cup champion are crowned in East Rutherford, New Jersey, on July 19»»»

arabnews.com
BNE 25.06. 19:50

Algeria, Nigeria offer biggest opportunities in Africa for low-cost methane emissions cuts, report finds

Africa's key oil and gas producers could cut methane emissions at relatively low cost using existing technologies, with Algeria and Nigeria offering the largest opportunities for reductions, according to a new report by Carbon Limits for the Clean Air Task Force (CATF). The study assessed Algeria, »»»

intellinews.com
Middle East Observer 25.06. 19:36

China’s Strategic Investment in Egypt: A $10 Billion Boost to Phosphate Fertilizer Industry

The Chinese Ambassador to Cairo, Liao Liqiang, announced an ambitious investment by a Chinese company, Asia Potash, aiming to establish a major industrial complex for phosphate fertilizer production. The initial investment of US$1.6 billion is set to expand to a total of $10 billion, targeting an i»»»

meobserver.org
Arab News 25.06. 17:19

Egypt overhauls nitrogen fertilizer export levy, exempts high-grade ammonium nitrate

CAIRO: Egypt ‌has revamped its export tax regime for nitrogen fertilizers, replacing a fixed export tax with a 10 percent ad valorem duty on all nitrogenous fertilizer exports, while exempting high-purity ammonium nitrate, according to a decision published in the Official Gazette ‌on Thursday. ‌The»»»

arabnews.com
France24 25.06. 14:55

Press Review - UK report uncovers 'biggest childbirth scandal' in NHS history

PRESS REVIEW – Thursday, June 25: UK papers discuss the Nottingham maternity care scandal. Next: is there going to be another heatwave in Europe this summer? Also: the Euclid telescope took extraordinary photos of the Milky Way. Finally, Taylor Swift and Travis Kelce's upcoming wedding is getting b»»»

france24.com
Middle East Observer 25.06. 13:35

Egypt Explores New Debt Swap Strategies

Egypt is considering innovative debt swap agreements aimed at promoting clean energy and human development. During an interview at the World Economic Forum, Egypt’s Minister of Finance, Ahmed Kouchouk, revealed ongoing discussions with international partners to implement these swaps, though specifi»»»

meobserver.org
Arab News 25.06. 12:29

Egypt, China’s SANY sign MoU for 1st wind turbine factory, 2GW project

RIYADH: Egypt and China’s SANY Group has signed a memorandum of understanding to develop the country’s first wind turbine manufacturing facility and a 2-gigawatt wind power project in the North Gulf of Suez region. The agreement, inked on Egypt’s behalf by the Egyptian Electricity Transmission Co. »»»

arabnews.com
Arab News 25.06. 10:28

Saudi Arabia’s trade surplus more than doubles in April to $6.8bn

RIYADH: Saudi Arabia’s trade surplus more than doubled to SR25.43 billion ($6.79 billion) in April as rising oil exports and lower imports strengthened the Kingdom’s external balance, official data showed. The surplus increased 100.8 percent from a year earlier, according to preliminary data releas»»»

arabnews.com
BNE 25.06. 09:34

Deal total signed with Global South at SPIEF likely tops $100bn

This year’s St Petersburg International Economic Forum (SPIEF), Russia’s premier investment conference, was considered a flop as few international companies bothered to make the trip. However, thousands of delegates flocked to the northern capital from the Global South as the third stage of Russian»»»

intellinews.com
Middle East Observer 25.06. 09:22

Elsewedy Electric Invests $200m to Build an Integrated Metals Manufacturing Hub

CAIRO — Elsewedy Electric will invest more than $200 million in three strategic industrial projects in Egypt aimed at expanding domestic production of copper and aluminium products, strengthening industrial supply chains and increasing export-oriented manufacturing as global demand for critical ind»»»

meobserver.org
Middle East Observer 25.06. 08:09

2016/2017 budget targets a 5% economic growth rate

Finance Minister: The state is committed to its main role in providing social justice and protection Egypt has a promising economy with abundance of resources and potentials The government’s economic policies, in coordination with the central bank, seek to control inflation rates gradually: Through»»»

meobserver.org
Middle East Observer 24.06. 23:07

Egyptian Banks Thrive, Brand Value Rises and Digital Banking is shaping Africa’s Future

Egypt’s banking sector has recorded an impressive 8% growth in brand value, positioning itself among Africa’s leading financial markets. According to Brand Finance’s Top 500 Banking Brands 2025 report, this growth contributes to Africa’s overall 22% rise in brand value, outperforming North America »»»

meobserver.org
TAP 24.06. 22:17

ARP to attend 8th Conference of Arab Parliament and Speakers of Arab Councils and Parliaments, June 27 in Cairo

Tunis, June 24 (TAP) - The Assembly of People's Representatives (ARP) will partake in the 8th Conference of the Arab Parliament and Speakers of Arab Councils and Parliaments, due June 27 in Cairo (Egypt). The conference will discuss critical...»»»

Daily News Egypt 24.06. 21:08

Improving Egypt’s global mining ranking is a strategic priority to attract investment, Badawi says

mproving Egypt’s ranking in global mining investment indices is a strategic priority to boost investor confidence and attract international funding, the petroleum and mineral resources minister said. Minister Karim Badawi made the remarks during the first executive committee meeting for the Egypt M»»»

dailynewsegypt.com
Arab News 24.06. 20:16

Egypt, Iran face crunch World Cup game in shadow of geopolitics

SEATTLE, USA: Egypt and Iran both go into their final group game on Friday with good chances of progress, but geopolitical tensions between Iran and co-hosts the United States loom large over the match. A first World Cup win for seven-times African champions Egypt, 92 years after their debut, put t»»»

arabnews.com
Daily News Egypt 24.06. 20:08

Egypt signs MoU to establish first wind turbine factory, 2 GW wind farm in Gulf of Suez

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a memorandum of understanding (MoU) to establish Egypt’s first wind turbine manufacturing plant and develop a 2-gigawatt (GW) wind power project in the Gulf of Suez, marking a significant step towards localising renewable energy tech»»»

dailynewsegypt.com
Daily News Egypt 24.06. 20:08

Polish companies explore new investment opportunities in Egypt’s agricultural sector

Representatives of several Polish companies have expressed interest in making new investments in the Egyptian market and capitalising on the country’s attractive investment climate and ongoing agricultural development projects. The interest was highlighted during a meeting between Alaa Farouk, Egyp»»»

dailynewsegypt.com
Sana 24.06. 19:50

Syrian, Egyptian officials discuss investment and reconstruction opportunities

Damascus, June 24 (SANA) Head of the Federation of Syrian Chambers of Commerce, Alaa al-Ali, discussed investment opportunities in reconstruction projects and various investment sectors with Mohamad Omar Abdel Aziz El-Feky, chargé d’affaires of the Embassy of the Arab Republic of Egypt in Damascus,»»»

sana.sy
The Peninsula 24.06. 18:04

Qatar Foundation advances global dialogue on supporting families, digital protection for children, and youth leadership at UN Human Rights Council

Geneva, Switzerland: Global dialogue on supporting families amid conflict, safeguarding children against the risks posed by the digital age, and nurturing young leaders in humanitarian law has been led by Qatar Foundation and its partners on the United Nations stage in Switzerland. The 62nd Session»»»

thepeninsulaqatar.com
Tanjug 24.06. 17:25

Gasic congratulates Serbia's future defence attaches

BELGRADE - Serbian Defence Minister Bratislav Gasic on Wednesday congratulated Serbian Armed Forces officers who are to assume the duties of Serbian defence attaches in Algeria, Egypt, India, Indonesia, Germany, Romania and the UK, and noted that the responsible and honourable duties required a hig»»»

tanjug.rs
Arab News 24.06. 15:51

Cairo Design Week returns for fourth edition in November

DUBAI: Cairo Design Week will return for its fourth edition from Nov. 19 to 28, following the success of its 2025 event, the organizers announced recently. The annual event will bring together designers, brands, creative institutions, cultural organizations and design enthusiasts from Egypt, the Mi»»»

arabnews.com
Arabfinance 24.06. 14:53

Egypt inks 8 cooperation deals with AFD, EU, French firms in health, education, green industry Arab Finance For Information Technology

Arab Finance: Egyptian ministries and agencies have signed eight cooperation agreements and memoranda of understanding (MoUs) on June 24th with the French Development Agency (AFD), the European Union (EU), and several French companies, covering healthcare, education, technical training, green indus»»»

arabfinance.com
Arab News 24.06. 14:03

Egypt’s El-Dafrawy to take on Australia’s Martinez at PFL New York

DUBAI: The Professional Fighters League has added a welterweight bout to its July 31 card in New York, pairing Egyptian PFL MENA champion Omar “God First” El-Dafrawy against Australian veteran David “The Smiling Assassin” Martinez at UBS Arena in Elmont, Long Island. PFL New York is headlined by un»»»

arabnews.com
Arabfinance 24.06. 12:41

El Gouna launches SIBA Residential Development with multi-architect design concept Arab Finance For Information Technology

Arab Finance: El Gouna Red Sea, the year-round destination developed by Orascom Development Egypt, has launched SIBA El Gouna, a new residential development that introduces a multi-architect design approach while building on the town’s longstanding focus on low-density, human-scale living, as per a»»»

arabfinance.com
RT 24.06. 12:11

US relaxes World Cup travel limits on Iran team

The US has eased travel restrictions on Iran’s national football team at the 2026 World Cup after Tehran protested what it called unequal treatment. Iran’s delegation will leave its base camp in Tijuana, Mexico on Wednesday and travel to Seattle ahead of Friday’s Group C match against Egypt, accord»»»

rt.com
Middle East Observer 24.06. 11:53

EGX Falls as Stamp-Duty Approval Tests Market Liquidity

Foreign and Arab investors remain buyers, but large-cap weakness pulls benchmark below 52,000 points Cairo — Egyptian equities fell sharply on Tuesday as parliament’s approval of amendments to the stamp-duty regime added a new test for market liquidity, pushing the benchmark EGX30 below the 52,000-»»»

meobserver.org
Middle East Observer 24.06. 11:43

Egypt’s Path to $20bn Annual FDIs and $140bn in Exports by 2030: Expert Insights and Strategic Roadmap

In a bold statement, Prime Minister Mostafa Madbouly outlined Egypt’s ambitious targets to attract over $20 billion in Foreign Direct Investments (FDIs) annually and elevate exports to more than $140 billion by the year 2030. “This is an achievable dream,” Madbouly confidently remarked during a rec»»»

meobserver.org
Middle East Observer 24.06. 09:52

EGX30 Surges Over 1% as Egyptian Exchange Sees Active Trading

The Egyptian Exchange (EGX) concluded the trading week predominantly in positive territory, with the benchmark EGX30 index climbing by 1.05% to settle at 31,677.58 points on Thursday. This performance reflects a bolstered investor sentiment, driven by strong foreign participation. The market’s tota»»»

meobserver.org