Cairo — Egypt’s stock market resumed its downward trajectory on Wednesday, 20 May 2026, with broad-based losses across all major indices as foreign selling intensified and investors continued reducing exposure following the market’s strong rally earlier this quarter. The benchmark EGX30 fell 1.59% »»»

Ankara, Turkiye: At least four Iranian footballers and one of their entourage went to the US embassy in Ankara Thursday to submit visa applications for the World Cup, an AFP correspondent said. The squad arrived in Turkiye's southern Antalya resort on Monday for a training camp ahead of the 2026 to»»»

SONY DSC Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty called on British companies to benefit from investment opportunities in Egypt and expand their existing activities. This came during his meeting on Wednesday, May 20, 2026, in London with chairme»»»

Dubai: A sharp divide has emerged between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu over whether to resume military action against Iran, as tense diplomacy and war planning now appear to be running in parallel behind the scenes. A heated hour-long phone call between th»»»

Israel has released hundreds of activists who attempted to breach Israel's naval blockade of Gaza and are in the process of deporting them, according to a legal organization working with the flotilla. The Israel-based legal advocacy group, the Legal Center for Arab Minority Rights in Israel, or Ada»»»

RIYADH: Saudi Arabia’s trade surplus surged 218.9 percent year on year to SR57 billion ($15.2 billion) in March, marking its sharpest annual increase in nearly five years as oil exports jumped and imports declined sharply. Figures released by the General Authority for Statistics showed merchandise »»»

Amira Elhamy covers “Rise up summit 2019”, hosted in its new destination AUC new Campus for the first time, with exclusive quotes for MEO With its 2019 slogan “ Journey to Growth” Rise up summit” 2019 was held on a bigger scale, on Dec 5th at the American University new Campus at the fifth settleme»»»

Dubai: EFG Hermes and Abu Dhabi Securities Exchange have launched an Investor Day for ADX-listed companies in Abu Dhabi, bringing together senior executives from listed firms and regional and international institutional investors. Get updated faster and for FREE: Download the Gulf News app now - si»»»

Ras Al Khaimah: A new Arabic programme will be introduced across private schools in Ras Al Khaimah from September 2026. Called IQRA, the Arabic word for "read,” the programme was developed by the Sheikh Saud bin Saqr Al Qasimi Foundation for Policy Research and has been independently shown to deliv»»»

RIYADH: For decades, pioneers of Saudi art were overlooked and under-documented, but in Misk Art Institute’s latest Solo Series two more of them are brought to light in an effort to cement their place in the Kingdom’s history: Fouad Mougharbel and Saad Almasari. “It’s critical to highlight these pi»»»

Fire Safety and Security Client : Egyptian – Japanese university for Science & Technology Address : New Borg Al Arab City – Alexandria Tender : General tender for supply of sanitary works, fire-fighting network and electrical equipment for the buildings of the services centre Tender documents : EGP»»»

In less than two years, Egypt has slashed its arrears to international energy companies by over 88%, hoping to encourage exploration amid the Iran war spillover, which is making its gas deficit harder to sustain. Drilling more wells is providing much-needed supply. But whether new gas discoveries c»»»

RIYADH: Saudi Interior Minister Prince Abdulaziz bin Saud bin Naif received Iran’s Head of Hajj and Pilgrimage Organization Alireza Rashidian. The Saudi minister, who is also the head of the Kingdom’s Supreme Hajj Committee, welcomed pilgrims arriving from Iran. He affirmed the commitment of King S»»»

Following a suspension that followed the Russian plane crash in October 2015, Italy suspended its flights to Egypt. Recent news indicates that Italy will resume flights to Egypt’s Sharm al-Sheik Airport. Official sources from the Egyptian Ministry of Civil Aviation revealed last Thursday that an It»»»

MEO had the pleasure to Chit chat with Dr. Najla Najib Psychologist and founder of Inside Out Counseling to uncover to our readers the effect of the economic crisis on the mental health and how to prevent the critical psychological drawbacks that could result in from facing various financial stress»»»

In a recent update from Medafrica Times, the World Bank has outlined Egypt’s external debt repayment obligations for the fiscal year, totaling $60.8 billion due between July 2024 and June 2025. This detailed financial roadmap underscores Egypt’s proactive approach towards fulfilling its financial c»»»

The Ministry of Petroleum and Mineral Resources has unveiled plans to establish the Sustainable Aviation Fuel Production Company. This pioneering initiative aims to invest approximately USD 530 million (EGP 26 billion) to produce 120,000 tons of sustainable aviation fuel (SAF) annually, potentially»»»

As part of its strategic vision for early investment in national talent, the Emirati Talent Competitiveness Council (ETCC) incollaboration with the Nafis Youth Council has announced the launch of the second batch of the 'Alpha Program. ETCC has partnered with Emirates National Schools in Abu Dhabi »»»

GAZA/CAIRO: In a tent in southern Gaza, Najia Abu Lehia mourns not only her husband but also their failure to make the pilgrimage to Makkah, or Hajj, together before he died a year ago because of war and border closures. Before the war between Israel and Hamas erupted in 2023, at least 3,000 Gazan »»»

PARIS: Iran’s Islamic Revolutionary Guard Corps has threatened to impose “permits” on submarine fiber-optic cables passing through the Strait of Hormuz. Here is what you need to know about cable infrastructure in the region and how the threats could play out: What cables run through Hormuz? Major c»»»

Turkiye is working with the United States and Arab mediators to secure safe passage for Hamas fighters who are holed up in tunnels in the Israel-controlled area of Gaza, a Palestinian source, a Hamas official and Turkish officials said on Monday.The fate of about 200 fighters has complicated effort»»»

“Education reform in Egypt is no longer just a future vision or a postponed ambition, but has become a tangible reality led by strong political will and supported by a clear national strategy,” Minister of Education and Technical Education Mohamed Abdellatif said on Wednesday. Speaking at the “Secu»»»

Egypt’s Central Bank has tightened controls governing banks’ dealings with non-bank financing companies, in a move aimed at strengthening credit-market transparency as consumer finance and other non-bank lending activities expand rapidly across the country. According to a Central Bank directive rep»»»

Dubai: A new UAE humanitarian aid aircraft departed this morning from Al Maktoum International Airport bound for Al Arish city in the Arab Republic of Egypt, in preparation for the delivery of its cargo into the Gaza Strip. The mission forms part of Operation Chivalrous Knight 3 and comes within th»»»

A report issued by Colliers, the diversified professional services and investment management company, on the performance of the UAE real estate market during the first quarter of 2026, revealed that the sector has entered a new phase of balanced and sustainable growth following the exceptional mome»»»

Dubai: EFG Holding reported a strong start to 2026, posting an 18 per cent year-on-year increase in revenues to EGP 6.6 billion during the first quarter, supported by growth across all three of its business verticals despite mounting regional geopolitical tensions. The financial institution, which »»»

Five people were killed after a fire broke out in a house in Kuwait’s Jleeb Al Shuyoukh area on Wednesday, the country’s General Fire Force said. Firefighters from the Al Somoud and Ardiya fire stations responded to the blaze and brought the fire under control, according to a statement carried by K»»»

Cairo — Egypt’s stock market rebounded on Tuesday, 19 May 2026, recovering part of the previous session’s losses as local buying returned to the market following several days of broad-based declines. The benchmark EGX30 rose 1.48% to 52,774.98 points, according to data from the Egyptian Exchange (E»»»

Dubai: As Eid Al Adha approaches, UAE residents are showing a strong appetite for travel but with a more calculated approach than ever before. New insights from Skyscanner reveal that travellers are increasingly prioritising smarter planning, flexible itineraries and family-focused getaways as they»»»

Egypt has signed agreements valued at approximately $3 billion with energy giants Shell and TotalEnergies. These deals will secure 60 shipments of liquefied natural gas (LNG) for the year 2025, multiple market insiders disclosed to S&P Global Commodity Insights. While Shell has chosen not to commen»»»

RIYADH: Egypt’s mining sector is set to benefit from a new agreement with the European Bank for Reconstruction and Development aimed at supporting its development and growth. The memorandum of understanding aims to strengthen frameworks for joint cooperation, contributing to the North African count»»»

DUBAI: Not since 2016 have Al-Ain FC and Al-Jazira Club stood on opposite sides of a President’s Cup Final. Ten years on, with scores to settle and silverware to claim, players from both clubs have spoken ahead of an occasion that promises to be the defining night of the UAE football season. The 20»»»

QatarEnergy has acquired interests in three offshore exploration blocks in Uruguay from a subsidiary of Shell, marking its first entry into the South American country's upstream energy sector, the state-owned company said on Wednesday without disclosing financial details. The Qatari energy giant's »»»

Saudi Arabia's Ports Authority (Mawani) has launched the “Red Sea Express” cargo shipping service through King Fahd Industrial Port in Yanbu, linking the Saudi port with Ain Sokhna in Egypt and Aqaba in Jordan as part of efforts to strengthen regional logistics and trade connectivity. The new servi»»»

Eng. Mohamed Shimi, Minister of the Public Business Sector, embarked on a pivotal visit to the Egyptian Aluminum Company “Egyptalum” in Nag Hammadi today. This visit marked the beginning of a strategic dialogue with members of the House of Representatives and the Senate, reflecting the ministry’s c»»»

Architecture and Urban Development Client : General Authority for Health Insurance Address : Kafr El Sheikh Branch Tender : Supply of maintenance works of the building and its units for the two years 2016/2017 & 2017/2018 Tender documents : EGP1,000 Tenders to be submitted in two envelopes (technic»»»

On the evening of 15 May, Israeli aircraft bombed a residential building in central Gaza City and a car that was driving away. It destroyed six apartments, killed at least eight people, and injured 45 others, according to Palestinian medical sources. Shortly after, Israel’s Defence Minister Israel »»»

After the fall of the Soviet Union, Russia had a basic problem: having ignored investing into anything except military technology, the newly independent country found that nothing worked properly. All its technology and machinery was vastly inferior to their Western analogues. And it made no sense »»»

Architecture and Urban Development Client : Cooperative Society of Building & Housing Address : Manshia Square – Alexandria Tender : Construction of (10) housing buildings and infrastructure works of area no. (8) at 8 district at Borg El Arab city Tender documents : EGP5,000 from: Lotus Consulting »»»

WASHINGTON, United States: The United States on Tuesday issued sanctions against four people associated with a humanitarian aid flotilla to the besieged Palestinian territory of Gaza, accusing them of being “pro-terrorist.” Israeli forces intercepted a Gaza-bound aid flotilla on Monday after it sai»»»

Not all political moments are captured by cameras. Some historic turning points are read in the silent details: in the timing of a visit, in the language of diplomatic statements, and sometimes even in official denials. In international politics, denial can occasionally be part of the game. US Pres»»»

PRE Group announced the completion and full delivery of its Hadaba residential project in 6th of October City, while continuing construction works at Ivoire West in Sheikh Zayed City. The company said it is progressing with phased deliveries at Ivoire West, with the first phase scheduled for handov»»»

MAGRABI Retail has signed an agreement to acquire a 51% stake in Baraka Optics Group, one of Egypt’s leading optical retail chains. The transaction remains subject to regulatory approvals, including clearance from the Egyptian Competition Authority (ECA). Founded in 1979 as a wholesale optics busin»»»

GLASGOW: Scotland’s 43-year-old goalkeeper Craig Gordon is going to the World Cup alongside teammates who were not born when he made his national-team debut in 2004. Scotland coach Steve Clarke announced a 26-man squad Tuesday for the country’s first World Cup in 28 years, with Gordon among three g»»»

RIYADH: Saudi Arabia’s King Fahd Industrial Port in Yanbu will see faster cargo handling, shorter waiting times, and improved supply chain efficiency through the new Red Sea Express container shipping service. Launched by Saudi Ports Authority, also known as Mawani, in partnership with Folk Maritim»»»

JAKARTA: Indonesia and Malaysia on Tuesday demanded that Israel immediately release their nationals, after Israeli forces intercepted vessels from the Global Sumud Flotilla and detained dozens of foreign activists carrying aid for Gaza. The GSF mission, which comprised more than 50 boats and involv»»»

West Cairo has become the most popular place for people looking for a modern and quiet lifestyle. Specifically, the areas of Sixth of October and Sheikh Zayed City are now the top spots for high-quality living. While they are right next to each other, both offer something special for families and i»»»

President Abdel Fattah El-Sisi met on Tuesday with Hassan Abdalla to review developments in Egypt’s economic performance, inflation trends, foreign currency reserves, and the impact of ongoing regional geopolitical tensions on the country’s financial stability and external balance. According to Pre»»»

Cairo will host the 32nd Annual International Conference and Exhibition of the Arab Fertilizer Association from 16 to 18 June 2026, bringing together senior executives, policymakers, technology providers and industry experts at a time when fertilizer markets are becoming increasingly central to glo»»»

Cairo — Egypt’s stock market extended its recent decline on Monday, 18 May 2026, with broad-based losses across major indices reflecting continued profit-taking and cautious investor sentiment following the market’s strong rally earlier this month. The benchmark EGX30 fell 0.68% to 52,007 points, a»»»