by Maye Sadek In its effort to get out of its economic crisis, reflected in the insufficiency of the inflows of foreign currencies, Egypt held this week a new economic conference aiming to attract Arab investors. A two-day conference, dubbed as “Matrouh, The Future of Investment,” started last Satu»»»

A compelling story is often enough to send a journalist in search of the man who carries it. The search becomes even more urgent when that man carries two. That was the case many years ago when I set out to find Anis Naccache. As a young Lebanese activist, Naccache joined Fatah’s student battalion »»»

MUP” Medical Union Pharmaceuticals”, one of the largest companies of the Acdima Group, signed a strategic partnership contract with the Nimolox Group from the State of South Africa, on the sidelines of the activities of the first African Medical Conference and Exhibition “Africa Health ExCon”, whic»»»

Egypt’s Prime Minister Mostafa Madbouly has signaled that the Egyptian pound may fluctuate between 4% to 5% in the near future. This statement, made during a November 30th press conference, reflects a pragmatic shift in the government’s approach to currency management. Prime Minister Madbouly under»»»

ANTALYA: Iran’s World Cup squad left Turkiye for Mexico on Saturday, taking off under the shadow of a diplomatic row between Tehran and Washington after the US refused to issue visas for some of the team’s support squad. The team will be based in Tijuana in northwest Mexico for the duration of the »»»

Riyadh/Cairo, June 6 (SANA) The Gulf Cooperation Council (GCC) and Egypt on Saturday condemned the ongoing Iranian attacks on Kuwait and Bahrain, calling them a dangerous and irresponsible escalation that threatens regional security. Jasem Mohamed AlBudaiwi, Secretary-General of the GCC, said in a »»»

M&P Group, a public affairs and strategic communications firm, has expanded its international footprint through a series of strategic partnerships announced during the seventh edition of the Mosaic International Forum for Strategic Affairs – Middle East and Africa Edition, held in Cairo. Organised »»»

Egypt strongly condemned an Iranian attack targeting Kuwait and Bahrain on Saturday, describing it as a dangerous escalation that threatens the security and stability of the Arabian Gulf and the wider region. In a statement, the Egyptian Ministry of Foreign Affairs called the attack a blatant viola»»»

Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with senior executives from China Energy and the Electric Power Planning and Engineering Institute (EPPEI) to explore opportunities for expanding cooperation in renewable energy integration, power grid modernisation, energy stora»»»

Egypt is witnessing a significant surge in digital gold investment, driven largely by younger investors, as changing consumer behaviour and growing financial awareness reshape the domestic gold market, according to Saied Embaby, CEO of iSagha, the online gold and jewellery trading platform. Citing »»»

Egyptian President Abdel Fattah Al-Sisi reviewed progress on the implementation of the country’s Universal Health Insurance System (UHIS) and approved a proposal to improve wages for employees of the Egyptian Ambulance Authority, according to a statement issued by the presidency. Al-Sisi met with P»»»

CAIRO: An Israeli ​strike killed at least seven Palestinians, including two women, in Gaza on Saturday, health officials said, as mediators restarted talks in Cairo with Hamas and other factions over safeguarding a strained ceasefire agreement. Medics said seven people were killed and 15 others, in»»»

Ahmed Rostom, Minister of Planning and Economic Development, has held talks with Luca Sabbatucci, Italy’s Permanent Representative to international organisations in Paris, and Esen Altuğ, Türkiye’s Permanent Representative to the Organisation for Economic Co-operation and Development (OECD), as Egy»»»

The Korea International Cooperation Agency (KOICA) and the United Nations World Food Programme (WFP) have marked the completion of a joint programme supporting refugees and Egyptian host communities through integrated initiatives to improve nutrition, economic resilience, and social cohesion. With »»»

Dubai: Air Arabia has resumed a limited number of flights to and from the UAE, operating across select routes in Asia, Europe, the Middle East and Africa, subject to operational and regulatory approvals, according to a travel update issued on June 5. Passengers can book available services through t»»»

Iran fired upon Kuwait and Bahrain after the United States attacked surveillance sites in Iran Friday. File Photo by Ismael Mohamad/UPI | License Photo June 6 (UPI) -- The United States said it intercepted several Iranian ballistic missiles and drones shot toward the Strait of Hormuz, the Persian G»»»

Skywatchers will witness a total solar eclipse on August 12, 2026, when the Moon passes between the Sun and Earth, briefly blocking sunlight across parts of the planet. A partial eclipse will be visible across large areas of Europe, Africa and North America, where only part of the Sun will be obscu»»»

The new Suez Canal will enhance the commercial movement especially in the Canal cities, Angy Essam will explain the effect of the new Suez Canal on the commercial sector Most of the investors and experts regard the new Suez Canal as a step on the right track toward achieving the targeted economic d»»»

The crisis surrounding Syria's nomination of Mohammad Taha Al-Ahmad as its ambassador to Egypt, first revealed in an Asharq Al-Awsat report published on June 1, appears to be heading toward a resolution. An Egyptian official source told Asharq Al-Awsat that Cairo has received the name of a new nomi»»»

Major global financial institutions stated that Egypt’s flexible exchange rate and recent monetary policies have enhanced investor confidence, as Egyptian ministers outlined plans to deepen the capital market and expand exports during a series of meetings in London. Representatives from BlackRock, »»»

Egypt urged multilateral development banks to deploy faster and more flexible financing to counter the economic fallout of Middle East conflicts, whilst confirming the continued rollout of a 2024-2027 European Union financial support package. Minister of Foreign Affairs, International Cooperation a»»»

Minister of Finance, Amr Al Garhy, referred to the economic performance indicators within the first-half of 2016/2017. He said, the total deficit declined to a 5.1 percent compared to a 6.2 percent within the same period of last year. The revenues recorded EGP 220 billion, increasing by a 14.5 perc»»»

Minister of Labor Hassan Raddad on Saturday, June 06, 2026, discussed with Director General of the International Labor Organization (ILO) Gilbert F. Houngbo means of enhancing technical cooperation and joint coordination throughout the coming period, as well as a number of issues related to employm»»»

RIYADH: A series of venture capital, funding, acquisition, and leadership announcements marked the post-Eid week across the Middle East and North Africa’s startup and technology ecosystem. Deals spanned impact investing, telecom-backed venture capital, autonomous logistics, artificial intelligence,»»»

MEO – Ministry of Supply and Internal Trade struck a deal to purchase 235,000 tonnes of Russian, French and Romanian wheat, during an international bid that was held where national and international companies presented offers of an average $189.17 per tonne; provided that the provision of wheat sta»»»

Sultan Ahmed Bin Sulayem, group chairman and CEO of Dubai Ports World, and Admiral Mohab Mamish, chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZ), have presented details of the recent agreement to develop an integrated industrial and residential zone in Sokhna. The Sokhna»»»

by Maye Kabil: The National Bank of Egypt is to launch a new investment fund aimed at attracting the savings of Egyptians working in the Gulf states that are not already invested in the market there. Attracting the savings of Egyptians working abroad has been a repeated target for governments and b»»»

Oil & Gas Products, Equipment and Services Client : Misr Petroleum Company Address : Alexandria Tender : Tender No. 16/2017 for the rehabilitatin works of El Nil Company’s station for cars production at Marsa Matrouh Tender documents : EGP800 Tenders to be submitted in two envelopes (technical & fi»»»

The State of Qatar has reiterated its strong condemnation of the attack targeting the Barakah Nuclear Power Plant in the UAE, describing it as a violation of international law, international humanitarian law, and the fundamental principles of nuclear safety and security, Qatar News Agency reported.»»»

TEHRAN: Iran’s football squad, whose participation in the World Cup remains uncertain, have handed their passports to the US embassy in Turkiye for visas, the head of their Football Federation said on Friday. Mehdi Taj said Iran were following instructions from world football’s governing body. Thei»»»

Vienna: The State of Qatar has reiterated its strong condemnation of the attack targeting the Barakah Nuclear Power Plant in the United Arab Emirates, describing it as a violation of international law, international humanitarian law, and the fundamental principles of nuclear safety and security. Th»»»

JEDDAH: The Azka Farmers Market has returned for a three-day summer edition at Hayy Jameel, bringing together farmers, producers and visitors from across Saudi Arabia in a celebration of seasonal produce, sustainability and community exchange. Held under Art Jameel’s community programs as part of t»»»

Illegal gold mining in Egypt threatens “investment opportunities and the ability to benefit from the country’s reserves,” as “clashes among illegal prospectors” continue to recur. Businessman Naguib Sawiris said Egypt’s mineral wealth was being continuously wasted because of random and illegal mini»»»

One week after the Iranian Revolution declared victory on February 11, 1979, two photographs emerged from Tehran that, in retrospect, help explain many of the storms that would later sweep the Middle East, from Iran’s expanding regional influence to what the author calls “Sinwar’s Flood." In the fi»»»

VIENNA: Last month’s drone attack on the UAE’s Barakah nuclear plant was a “serious compromise of nuclear safety, the head of the International Atomic Energy Agency (IAEA) said Friday, adding any such attack “is unacceptable, a no-go, taboo.” The UAE blamed pro-Iran militants in Iraq for the incide»»»

Egypt will step up efforts to cut red tape to spur on local businesses and it expects to list as many as four state-owned firms on the stock exchange over the next 12 months, its Investment and Foreign Trade Minister Mohamed Farid Saleh told Reuters. Planned reforms aim to streamline company format»»»

Vienna: Last month's drone attack on the UAE's Barakah nuclear plant was a "serious compromise of nuclear safety, the head of the International Atomic Energy Agency (IAEA) said Friday, adding any such attack "is unacceptable, a no-go, taboo." The United Arab Emirates blamed pro-Iran militants in Ir»»»

Arab Finance: PARAGON | ADEER has taken part in the largest economic platform aimed at promoting investment opportunities and strategic partnerships in the Egyptian market, organized by Nile Property Expo and the British Egyptian Business Association (BEBA), as per an emailed press release. Taking »»»

RIYADH: The Middle East is accelerating hotel development, ending the first quarter of 2026 with a record pipeline of 717 projects totaling 177,110 rooms, up 12 percent from a year earlier. The figures were contained in a report from Lodging Econometrics, and emphasizes how, driven by ambitious nat»»»

Doha: The issue of migrants in the European Union has always been one of the most complex issues in election debates, both in public opinion and within European parliaments. Interest in this issue has gradually increased, transforming in recent years into one of the most prominent political files, »»»

Assistant Foreign Minister for International, Multilateral, and Bilateral Development Cooperation Ambassador Khaled Anis discussed with a delegation from the South Korean Economic Development Cooperation Fund (EDCF), affiliated with the Export-Import Bank of Korea, ways to boost economic and develo»»»

On June 5, 1976, the Teton River Dam in Idaho collapsed as it was being filled for the first time, killing 11 people, flooding 300 square miles and causing an estimated $1 billion damage. 1 of 7 | On June 5, 1976, the Teton River Dam in Idaho, the remains of which are pictured, collapsed as it was »»»

Doha, Qatar: With the 2026 FIFA World Cup set to kick off across the United States, Canada and Mexico, Asia will be represented by a record nine nations at football’s biggest tournament. The expanded 48-team format has increased the continent’s presence, with a mix of established powers and first-t»»»

In a bold move for sustainable development, Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, announced a new energy strategy aiming to boost renewable energy’s share to 60% of the national energy mix by 2040. This initiative is part of Egypt’s broader sustainable development pla»»»

Egypt will not fully eliminate petroleum products subsidies, but aims to reduce subsidies within three years, Minister of Petroleum Tarek El-Molla said. The plan of subsidies reduction will conclude in 2019, with the resumption of fuel subsidies until then, El-Molla clarified to Shorouk newspaper. »»»

Israeli strikes in Gaza killed at least nine Palestinians, a hospital said on Thursday, even as much of the world’s attention was focused on the fighting between Israel and Hezbollah in Lebanon. The nine people were killed in at least four separate strikes in Gaza City, according to Shifa Hospital,»»»

Doha, Qatar: Prime Minister and Minister of Foreign Affairs, HE Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani received a phone call from Minister of Foreign Affairs, Immigration and Egyptian Expatriates of the Arab Republic of Egypt HE Dr. Badr Abdelatty. The call discussed cooperation relati»»»

Saudi Energy Minister Prince Abdulaziz bin Salman seized the spotlight at a high-level dialogue session held during the 2026 St. Petersburg International Economic Forum, breaking a strategic silence that had become a focus of questions and a gauge for global market expectations. Speaking on Thursda»»»

Egypt aims to list four to five state-owned companies on the Cairo stock exchange before the end of the year as part of its state asset sales strategy, Prime Minister Mostafa Madbouly said on Thursday. The government also plans to shift from in-kind subsidies to cash subsidies during the coming fin»»»

RIYADH: The Saudi Heritage Commission has uncovered more than 1,700 archaeological finds at the historic Miqat Al-Juhfah site, the Saudi Press Agency reported. In collaboration with the University of Exeter, the commission has completed the first phase of survey and documentation. Pottery, glass, s»»»