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»»»

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»»»

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»»»

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»»»

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»»»

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 »»»

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»»»

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 »»»

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»»»

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»»»

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»»»

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»»»

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»»»

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»»»

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»»»

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»»»

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 »»»

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 »»»

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—»»»

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»»»

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»»»

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»»»

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»»»

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»»»

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»»»

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»»»

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»»»

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»»»

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 »»»

Dubai: DP World has launched Egypt’s first fully integrated logistics distribution centre at Sokhna Logistics Park, giving global companies a single hub to serve Egypt, Africa, the Gulf and Europe. Sign up for our daily business newsletter, Cheques & Balances.The new centre is located next to Sokhn»»»

Seattle: Youri Tielemans scored the latest winner in World Cup history as Belgium mounted an incredible comeback from two goals down to beat Senegal 3-2 and qualify for the last 16 of the World Cup on Wednesday. Senegal appeared on course for a first win in a World Cup knockout match since their 20»»»

US Homeland Security Secretary Markwayne Mullin, whose agency was responsible for enforcing controversial security measures targeting the Iranian soccer team at the World Cup, has said the job made him dance with joy and he was happy Iran was eliminated. Iran exited the tournament, which the US is »»»

DALLAS, USA: Mohamed Salah remains in ‌a race to be ready for Egypt’s last 32 clash with Australia in Dallas on Friday with the forward continuing his recovery from a hamstring strain sustained in the 1-1 draw with Iran. The Egyptians are in the knockout rounds for the first time after group phase »»»

LONDON: Military leaders from Syria and Lebanon joined for the first time commanders from across the Middle East at a United States defense conference on Wednesday. The regional security dialogue was held in the Bahraini capital, Manama, and led by US Central Command, which coordinates military ope»»»

Cairo: President of the Arab Republic of Egypt HE Abdel Fattah El-Sisi received the credentials of HE Sheikh Jassim bin Abdulrahman bin Mohammed Al-Thani as Ambassador Extraordinary and Plenipotentiary of the State of Qatar to Egypt. HE the Ambassador conveyed greetings of HH the Amir Sheikh Tamim »»»

Abu Dhabi: Senior government leaders from across Abu Dhabi gathered today at the iconic Zayed National Museum for the launch press conference of LIVEX 2026, the emirate's inaugural Livability and Investment Exhibition. The event brought together senior government figures for a keynote and two high-»»»

BEIRUT: Heavyweight boxing is entering a new era after Oleksandr Usyk’s decided to stand down as unified champion and sent his belts to different parts of the world. That’s given a bunch of globally unheralded fighters the chance to emerge from the shadows in the sport’s glamor division. Usyk recen»»»

PARIS: Marking its first participation at Vision Golfe, Saudi Arabia’s Athar festival is making its international ambitions clear. The event is looking to engage new partners, speakers and international visitors as it continues to expand and elevate the global profile of Saudi Arabia’s creative eco»»»

Arab Finance: IBM has named Tamer El Kholy as General Manager for North East Africa, succeeding Marwa Abbas, who previously oversaw the company's operations across Egypt and the wider North East Africa region, as per a press release. El Kholy will be responsible for IBM's strategy and operations ac»»»

Broad market recovery coincides with renewed foreign appetite for Egyptian debt and diversified sovereign funding strategy Cairo — Egyptian equities staged a broad recovery on Tuesday, 30 June, as buying returned across the market after recent losses, with gains in both blue-chip and small-cap stoc»»»

Ihab Saeed, managing Director at Osool ESB Securities Brokerage, said that Egyptian Exchange (EGX) benchmark index EGX30 is facing a new support level at 7425 points, during this week’s trading. In case it failed to remain above it, it will probably keep falling downward at 7280 points. In a statem»»»

Cairo, Egypt: The Shura Council participated in the plenary session of the Arab Parliament, held at the headquarters of the General Secretariat of the League of Arab States in Cairo. The Shura Council was represented at the session by HE Amina bint Youssef Al Jaidah, HE Nasser bin Mohammed Al Nuaim»»»

Egypt’s parliamentary Economic Affairs Committee has called on the National Investment Bank (NIB) to submit a comprehensive development strategy—or a timetable for completing one—as lawmakers seek greater clarity over the institution’s future role in managing state-owned assets under the country’s »»»

On July 1, 1867, Canada became a self-governing state within the British Empire. 1 of 7 | On July 1, 1867, Canada became a self-governing state within the British Empire File Photo by Paul Hanna/UPI | License Photo July 1 (UPI) -- On this date in history: In 1847, the first U.S. postage stamps were»»»

Doha: The Katara Cultural Village Foundation has announced the shortlist of 18 works for the 12th edition of the Katara Prize for Arabic Novel. The shortlist, presented in alphabetical order, includes works in the categories of published and unpublished novels, young adult novels, historical novels»»»

The Arab Petroleum Pipelines Company, widely known as SUMED, has announced an impressive net profit of $192 million for the year 2024. This financial milestone reflects a robust return on paid-in capital of 32.1%, as highlighted by Eng. Mohamed Abdel Hafez, Chairman and Managing Director of SUMED, »»»

Arab Finance: PARAGON | ADEER is presenting Sumou Boulevard, its EGP 70 billion mixed-use development in Mostakbal City, at the 20th edition of the Nile Property Expo in London, as the company expands its outreach to Egyptian expatriates and UK-based investors, as per a press release. The 500,000-s»»»

On 20 June 2020, Egyptian President Abdel Fattah al-Sisi drew a red line around the Libyan cities of Sirte and al-Jufra, threatening to intervene militarily if Türkiye-backed forces crossed it. In so doing, he set Cairo on a collision course with Ankara. A year earlier, after the former Egyptian Pr»»»

How will the increase in gasoline and diesel prices affect prices of other commodities? Will the Government be able to control the markets and prevent the traders from raising prices? Is it possible to increase gasoline and diesel prices while other products’ price remain unaffected? What would hap»»»

Dubai: Nine children drowned and two others injured after a three-wheeled cargo vehicle carrying children and young workers plunged into the Nag Hammadi Canal in Abu Tig district of Egypt's Assiut governorate on Tuesday, authorities said. Police said they received reports that the vehicle had falle»»»