Prime Minister Mostafa Madbouly reviewed on Tuesday, May 12, 2026, with Investment and Foreign Trade Minister Mohamed Farid the investment zones system as one of the key mechanisms for attracting and stimulating local and foreign investments. During the meeting, the minister outlined the competitiv»»»

RIYADH: Egypt aims to attract investments worth up to 4.1 trillion Egyptian pounds ($77.5 billion) to seven major investment zones under construction across three governorates over the next 20 years. The zones are targeting 214 projects and are expected to create around 1.2 million jobs as Egypt st»»»

RIYADH: Venture investment in the Middle East and North Africa hit $15.4 billion over the past five years, with 12 percent coming from corporate financiers, according to MAGNiTT and stc group. A joint MENA Corporate Venture Investment Report from the firms also showed that 3,329 deals were reached »»»

Oil and Gas Products, Equipment & Services Client : Al-Taawen Petroleum Address : 10, Maamal Al-Saboun Street, Sharabia, Cairo Tender : Tender No. 70/2017 for supply of central centrifugal pumps Tender documents : EGP2,000 A bid bond of EGP125,000 to be submitted Opening envelopes : 10-4-2017 at 10»»»

The Central Bank of Egypt (CBE) has officially joined the Pan-African Payment and Settlement System (PAPSS). This endorsement is poised to enhance regional banking connections and facilitate smoother, more cost-effective cross-border trade with African nations. Developed by the African Export-Impor»»»

Client: Medical Services Company Address: Ramses St. extension, Abbasia,Cairo Tender Summary: General bid No 6/2025/2026 for the rent, processing and management of Electricity Hospital at Ismaillia. Tender Documents: LE 50.000 Bid Bond: LE 500.000 Tender Deadline: 8-6-2026»»»

NEW DELHI: The US-Israeli war on Iran is set to cast a shadow over a two-day meeting of the foreign ministers of the BRICS grouping that kicks off in New Delhi on Thursday, testing the bloc’s ability to reach a unified position and produce a joint statement. The grouping, which originally included »»»

Abu Dhabi witnessed significant international momentum yesterday as the second edition of the Abu Dhabi Infrastructure Summit (ADIS 2026) officially opened at ADNEC Centre Abu Dhabi, bringing together an elite gathering of decision-makers, urban development leaders, investors, financiers, and techn»»»

In a decisive move poised to transform Egypt’s railway industry, the National Egyptian Railway Industries Company (NERIC) announced plans to inaugurate its state-of-the-art factory in the East Port Said Industrial Zone by mid-2025. This major project is backed by an investment of approximately EGP »»»

CAIRO: Saudi Arabia’s Ambassador to Egypt Saleh Al-Husseini met on Tuesday with Al-Azhar Grand Imam Sheikh Ahmed Al-Tayeb in Cairo, where they discussed issues of shared concern. During the meeting, the grand imam praised the efforts of King Salman and Crown Prince Mohammed bin Salman in serving pi»»»

Ministry of Petroleum and Mineral Resources announced signing a contract for the establishment of a station for circulation of petroleum products in Ain Sukhna with 324-million-dollar investments. This project includes establishing a 202-km-long seaport that runs 15 to 19 meters deep to host liquef»»»

Women’s world squash champion Nour al-Sherbiny has been appointed as a sports advisor for the governorate of Alexandria, a post bestowed upon her by Alexandria Governor Mohamed Abdel Zaher, who said that her ideas on promoting sports should be taken seriously. Abdel Zaher made the announcement duri»»»

By: Ahmad Abu el-Hamd Spanning 400,000 square meters, 165,000 of which are dedicated to shopping, the two-story complex will also house the country’s first VOX movie theatres as well as an indoor snow park and ski slope at Ski Egypt. The VOX Cinemas will be home to a whopping 21 screens, including »»»

Dubai: UAE supermarkets are ramping up fresh meat imports ahead of Eid Al Adha, with major retailers sourcing from Australia, New Zealand, India, Pakistan, South Africa and Brazil to keep shelves stocked during one of the busiest periods for meat demand. Sign up for our daily business newsletter, C»»»

CAIRO: Mohammed bin Ahmed Al Yamahi, Speaker of the Arab Parliament, has condemned the hijacking of an oil tanker in Yemeni territorial waters and its forced diversion to Somali territorial waters, with a number of Egyptian sailors onboard. In a statement issued Tuesday, Al Yamahi described the inc»»»

Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, has announced the acceleration of digital transformation projects aimed at refining the local fuel trading system. In a significant leap towards modernization, projects such as the automated warehouse measurement system (RTG) and compr»»»

Egypt’s Prime Minister Mostafa Madbouly met with Minister of Planning and Economic Development Ahmed Rostom to review the progress of the country’s FY2025/26 economic and social development plan and discuss measures to enhance the governance of public investments. During the meeting, Madbouly reaff»»»

Transportation, Railways, Roadways, Bridges and Tunnels Client : Egyptian Company For Metro Address : Hammamat Al Kouba, Cairo Tender : Reference No. 11/2017 supply of materials and components for painting Metro cars for (24) units Tender documents : EGP2,000 A bid bond of EGP10,000 to be submitted»»»

Minister of Planning, Follow-up and Administrative Reform, Hala Al-Saeed confirmed that Egypt has managed to safely cross the difficult economic conditions after successfully passing the unprecedented reforms during the past period, stressing that it is now on the right track. Al-Saeed said in an i»»»

Chinese Foreign Ministry said on Tuesday it is in talks with Egypt on currency swap, according to local reports. Spokesman for the ministry Lu Kang said that central banks of Egypt and China have made some initial progress on the local currency swap without specifying the swap range. Egypt’s deputy»»»

LONDON: British package holiday group On the Beach reinstated its annual profit forecast on Tuesday but at a level below its previous estimate, sending its shares 18 percent lower as the company grapples with a slowdown in bookings due to the Iran war. Customers have pulled back on holidays to dest»»»

Amid growing maritime disruptions across global shipping routes, Saudi Arabia’s export capability through the Red Sea has emerged as a strategic safeguard against a surge in global energy prices. Kristijonas Gedvilas, Chief Executive Officer of the European Chamber of Commerce in the Kingdom of Sau»»»

Cairo — Egypt’s stock market ended trading on Monday, 11 May 2026 on a mixed note, with the benchmark index easing slightly following the previous session’s strong gains, while mid- and small-cap stocks continued to attract buying interest. The benchmark EGX30 fell 0.28% to 54,475.49 points, accord»»»

DUBAI: Egyptian composer Omar Khairat will perform live with the Royal Philharmonic Orchestra on Saturday, May 23, 2026, in a concert beginning at 7.30 pm, at the Royal Albert Hall in London. Khairat, widely regarded as one of the Arab world’s most influential contemporary composers, is known for i»»»

Amid preparations for the third round of Lebanese-Israeli negotiations in Washington, Prime Minister Nawaf Salam clarified that "at the top of our agenda is solidifying the ceasefire." "Our demands are well-known: a timetable for the Israeli withdrawal, the release of prisoners and their return to »»»

Egyptian President Abdel-Fattah El-Sisi reaffirmed Egypt’s unwavering commitment to aiding Gabon’s transitional phase, highlighting the strengthening ties between the two African nations. The announcement was made during a joint press conference in Cairo with Gabon’s Transitional President, Brice O»»»

Egyptian Prime Minister Mostafa Madbouly conducted an extensive industrial tour across Sadat City and 6th of October City on Monday, inaugurating and inspecting a broad range of factories operating in strategic manufacturing sectors as Cairo accelerates efforts to expand domestic manufacturing, att»»»

25-26 April 2017 Dr. Abd Allah Al Najjar: Science pushes countries to a solid economy and an intellectual human being able to promote society Dr. Ghada Amer: ‘BETT Middle East’ Summit allows Arab educators for learning about the latest education methods around the world Abu Dhabi- MEO Arab Foundati»»»

Petroleum and Mineral Resources Minister Karim Badawi discussed on Monday, May 11, 2026, with Secretary-General of the African Petroleum Producers Organization (APPO) Farid Ghazali means to support Egyptian-African integration efforts in the energy industry. During the meeting, the minister propose»»»

Doha, Qatar: The State of Qatar condemned the hijacking of an oil tanker from Yemeni territorial waters, carrying several Egyptian seafarers, and its subsequent towing to Somali territorial waters near the Puntland region. In a press statement, the Ministry of Foreign Affairs said that it considere»»»

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»»»

Hamas is close to electing a new head of its political bureau, who will oversee the movement until the end of this year or early next year, pending broader internal elections in the Palestinian territories and abroad. Asharq Al-Awsat learned from three Hamas sources outside Gaza that members of the»»»

The shift from warmth to warning was unmistakable on Egyptian President Abdel Fattah al-Sisi’s face as he greeted his Lebanese counterpart Joseph Aoun in Cyprus on the sidelines of a meeting of EU and Arab leaders last month. After a brief smile came a pointed finger, as Sisi spoke with Aoun about »»»

More than 600 migrants have arrived on Crete and Gavdos in recent days, as boats carrying them were either found adrift by the Greek Coast Guard or managed to reach beaches on the two islands and disembark passengers. Local authorities have expressed concern about the increase in arrivals, which th»»»

AMMAN — The value of certificates of origin issued by the Amman Chamber of Commerce (ACC) for exports to Arab and foreign countries increased by 22.3 per cent during the first four months of 2026 compared with the same period last year.According to statistical data obtained by the Jordan News Agenc»»»

Microsoft has unveiled the “Copilot” key, marking the most significant change to Windows keyboards in 30 years. This innovation will introduce an AI-powered assistant directly at users’ fingertips, simplifying and enhancing the computing experience. Announced on Thursday, the Copilot key will soon »»»

By Khaled Amin Last Sunday, President Abdel Fattah El-Sisi inaugurated the construction process of east-Portsaid’s new harbor and many other projects, with way-bigger scales than of the enormous new Suez Canal. Egypt has been put under consistent economic pressure ever since the 2011th uprisings; i»»»

Tunis, May 11 (TAP) - Secretary of State to the Minister of Foreign Affairs, Migration and Tunisians Abroad Mohamed Ben Ayed on Monday received Egypt's Ambassador to Tunisia Bassem Hassan.The talk covered the state of cooperation relations binding...»»»

In the heart of the Bundesliga, Eintracht Frankfurt’s Omar Marmoush is capturing attention with a dazzling start to the season. The Egyptian forward delivered a stunning performance against Bayern Munich, culminating in a dramatic stoppage-time equalizer that secured a thrilling 3-3 draw. Marmoush »»»

Egypt’s Foreign Ministry announced on Monday that it is closely following the hijacking of the oil tanker M/T Eureka, which was carrying eight Egyptian sailors. The vessel was reportedly seized in Yemeni territorial waters and taken toward Somali waters near the Puntland region. In an official stat»»»

Egypt aims to boost its wheat self-sufficiency to 70% by 2030 as domestic production nears 10 million tonnes this season, bolstered by an EU-backed mechanisation initiative targeting 400,000 farmers to heavily reduce harvest losses, Agriculture and Land Reclamation Minister Alaa Farouk announced. S»»»

The African Petroleum Producers’ Organisation (APPO) will launch a continent-wide training platform by the end of the year, its secretary-general announced during talks where Egypt proposed hosting an APPO ministerial session on the sidelines of the African Union’s mid-year coordination summit in N»»»

Damietta Port received the Panama-flagged bulk carrier YANG FAN carrying 144,780 tonnes of bulk slag from China, marking the largest bulk cargo load handled by the port since its establishment. Arriving from Singapore, the bulk carrier measures 289 metres in length and 45 metres in width, with a dr»»»

Beltone Venture Capital and UAE-based Citadel International Holdings have announced the successful exit of their joint investment in logistics startup Bosta, achieving an internal rate of return (IRR) of 75%. The transaction represents the fifth successful exit for Beltone Venture Capital since its»»»

Ahmed Rostom, Minister of Planning and Economic Development, met with Hazem El Ashmouny, Governor of Sharqeya, to review development efforts in the governorate and the projects included in the economic and social development plan for fiscal year 2026/2027, with particular emphasis on road developme»»»

Trade volume between Egypt and France rose in 2015 to €2.8bn, Head of the French Chamber of Commerce and Industry in Alexandria, Ayman Badawi revealed Monday. Badawi said that 2015 was a very good year for the Egyptian- French relations in which President Holland attended inauguration of New Suez c»»»

FCC Aqualia, a leading water management company based in Europe, said it has been awarded a $320-million, contract to design, build and operate the Abu Rawash wasterwater treatment plant in Cairo, Egypt. A unit of global environment, water and infrastructure works specialist FCC, the company said t»»»

Egypt’s Minister of Investment and Foreign Trade Mohamed Farid Saleh, has appointed Mohamed Ayyad as Assistant Minister for Promotion and Strategic Communication under Decision No. 198 of 2026, tasking him with attracting foreign investment and enhancing the country’s economic competitiveness. The »»»

Governor of the Central Bank of Egypt Hassan Abdalla and Minister of Supply and Internal Trade Sherif Farouk witnessed on Sunday, May 10, 2026, the signing of a cooperation protocol between the CBE and the ITDA to enable electronic access to unified commercial registry data for the banking sector, »»»

Mexico City: With one month remaining before the FIFA World Cup kicks off in Mexico City, organizers across the three host countries are finalizing stadium preparations and security planning, while teams monitor injuries ahead of squad selections. The June 11-July 19 tournament will be the first Wo»»»