Middle East Observer 52m

Arab Contractors to Spearhead Ambitious Chad-Libya-Egypt Road Project

In a significant development for African infrastructure, Egypt’s Arab Contractors Company has finalized a protocol to embark on a transformative road project linking Chad, Libya, and Egypt. Announced by the Egyptian Cabinet, this initiative underscores Egypt’s commitment to bolstering regional conn»»»

meobserver.org
Middle East Observer 52m

Local buying lifts EGX despite foreign outflows in post-Eid trading

Cairo — Egyptian equities rose in the first session after the Eid Al-Adha break, with domestic investors driving a broad-based rally that absorbed continued Arab and foreign selling and reinforced the market’s resilience despite renewed regional pressure. The benchmark EGX30 rose 0.37% to 52,853.94»»»

meobserver.org
Gulf News 2h

Seven members of one family die after car plunges into Nile Canal in Egypt

Dubai: Seven members of the same family were killed after their car plunged into a water canal near the town of Badrashin in Egypt's Giza governorate, authorities said. Emergency services were dispatched to the scene after receiving reports that a vehicle had fallen into the Marioutiya water canal »»»

gulfnews.com
BNE 3h

COMMENT: Did Israel's Netanyahu lose the war he claims to have won?

The most useful comparison for the Iran war of 2026 is not the Six-Day War of 1967. It is the Suez Crisis of 1956. The point is being made openly in Tel Aviv, by columnists who have lost patience with the Netanyahu camp's victory rhetoric, and it is worth taking seriously. The structural parallels »»»

intellinews.com
Al Awsat 3h

Hamas to Hold New Talks with Gaza Mediators in Egypt

A Hamas delegation is due to meet with mediators in Egypt on Wednesday to discuss ways of advancing the fragile Gaza ceasefire, Hamas officials told AFP. “Egypt has invited Hamas and other factions to participate in talks with mediators on Wednesday... which will also include Qatari and Turkish off»»»

english.aawsat.com
Middle East Observer 3h

Men and Women need to learn more about partnership in a marriage

Egypt has recently been suffering from a very high divorce rate, peaking in 2017 with a total of about 190,000 cases, according to the central bureau of statistics. Maysa Shawky, Deputy Minister of Health and the General Supervisor of the Council of Population, Childhood and Motherhood, has said th»»»

meobserver.org
Middle East Observer 6h

Market Analysis: EGX Ends the Week on a Downtrend

In a week marked by bearish sentiment, Egypt’s stock exchange (EGX) concluded trading on a negative note. The benchmark EGX30 index experienced a decline of 1.67%, closing at 31,332.73 points, raising concerns among market participants about potential headwinds in the broader economy. The EGX33, a »»»

meobserver.org
Middle East Observer 6h

Uber… A threat or privilege?

By Khaled Al-Amin Photo Credit: Ahmed Saber Lately, the name Uber has been widely circulated among the Egyptian community, what it is? how did it succeed in grabbing so much attention from different social classes here in Egypt? We will examine the case from all its angels, to present the fairest v»»»

meobserver.org
Middle East Observer 7h

British oil investments to make Egypt new energy superpower, says UK envoy

British Ambassador to Egypt John Casson said petroleum giant British Petroleum (BP) is investing $13 billion over five years to make Egypt the new energy superpower, through investments worth more than Cairo’s three-year $12 billion loan deal with the IMF. In a press release, the UK Embassy in Cair»»»

meobserver.org
Middle East Observer 9h

Egypt announces Expert Panels to Steer Private Sector Collaboration

In a decisive step towards rejuvenating Egypt’s economic landscape, Prime Minister Dr. Mostafa Madbouly has introduced the formation of six specialized advisory committees. These committees are designed to bolster communication between the government and the private sector, facilitating a continuou»»»

meobserver.org
Gulf News 10h

Arab Parliament condemns Iranian attacks on Kuwait

CAIRO: Mohammed Ahmed Al Yamahi, Speaker of the Arab Parliament, condemned the blatant Iranian attacks targeting the State of Kuwait. He stressed that these attacks constitute a flagrant violation of international law and the Charter of the United Nations, and represent a dangerous escalation that »»»

gulfnews.com
Gulf News 10h

Egypt strongly condemns Iran's repeated attacks on Kuwait

CAIRO: Egypt has strongly condemned Iran's heinous and repeated attacks on Kuwait, saying they constitute a flagrant violation of the Gulf state's sovereignty and territorial integrity and pose a serious threat to security and stability in the Gulf region. According to statement released by the Min»»»

gulfnews.com
Middle East Observer 10h

Egyptian Stock Market Closes Week on a Positive Note

The Egyptian stock exchange (EGX) wrapped up the week with overall gains on December 5, 2024, as key indices showed modest upward movement. The main index, EGX30, edged up by 0.02%, reaching 30,839.57 points, indicating steady investor confidence. Among the indices, the EGX33, which aligns with Sha»»»

meobserver.org
Daily News Egypt 15h

Egypt studies global logistics hub in SCZONE to strengthen trade, supply chain position

Egypt’s Prime Minister Mostafa Madbouly chaired a high-level meeting to review proposals for establishing a global logistics distribution hub within the Suez Canal Economic Zone (SCZONE), as part of Egypt’s strategy to attract foreign direct investment and reinforce its position as a regional and i»»»

dailynewsegypt.com
Middle East Observer 16h

The National Museum of Egyptian Civilization: Egypt Remaking History!

The opening of the National Museum of Egyptian Civilization has been a long awaited big national project that has come to end on the 3rd of April with a magical ceremony that has rocked the whole world. With more than 400 international media channels covering the convoy of the 22 royal mummies of E»»»

meobserver.org
Gulf News 16h

New smart parking service launched in Abu Dhabi

Q Mobility announced the launch of a new smart parking experience in Abu Dhabi, enabling auto deduction parking fee payments through users’ Darb app wallet. The initiative marks a significant step toward enhancing the parking experience and delivering more seamless, efficient, and user-centric digi»»»

gulfnews.com
The Peninsula 17h

Match schedule revealed for FIFA U-17 World Cup Qatar 2026 group stage

Doha, Qatar: The match schedule has been revealed for the group stage of the FIFA U-17 World Cup Qatar 2026. The tournament will take place from November 19 to December 13, with the finest youth international teams on the planet set to compete for global glory. The inaugural 48-team edition of the »»»

thepeninsulaqatar.com
BNE 17h

Morocco overtakes South Africa as Africa’s top industrial economy, AfDB ranking shows

Morocco has ranked first in Africa’s industrialisation index for the first time since the African Development Bank (AfDB) began publishing the rankings in 2010, narrowly overtaking South Africa in the latest continental assessment of industrial competitiveness. According to the African Development »»»

intellinews.com
Daily News Egypt 17h

Turkey’s OZ Mining to explore for gold in Egypt as Cairo activates SOCAR gas deal

Egypt is advancing strategic energy and mining partnerships with Turkey and Azerbaijan, highlighted by Turkish firm OZ Mining launching gold exploration studies in the Egyptian Eastern Desert and the activation of a long-term oil and gas agreement with Azerbaijan’s SOCAR. The developments emerged d»»»

dailynewsegypt.com
Daily News Egypt 17h

Nile Property Expo, BEBA to host London’s largest conference on investment opportunities in Egypt

Nile Property Expo, in partnership with the British Egyptian Business Association (BEBA), will host London’s largest economic conference dedicated to showcasing investment opportunities in Egypt on 3-4 June 2026, bringing together senior government officials, policymakers, and leading Egyptian and »»»

dailynewsegypt.com
Daily News Egypt 17h

AOI signs MoU with Nigeria’s Vinicious to strengthen defence industry cooperation

The Arab Organisation for Industrialisation (AOI) has signed a memorandum of understanding (MoU) with Nigeria’s Vinicious Company to strengthen cooperation in the defence industries sector and expand industrial collaboration between Egypt and Nigeria. The agreement was signed by AOI Director Genera»»»

dailynewsegypt.com
Daily News Egypt 17h

Majid Al Futtaim launches EGP 500m construction phase for JUNCTION business park in West Cairo

Majid Al Futtaim has commenced the first phase of construction works for JUNCTION, its mixed-use business park development in West Cairo, with enabling works valued at approximately EGP 500m. The initial phase will focus on delivering the infrastructure required for the project, which forms part of»»»

dailynewsegypt.com
Daily News Egypt 17h

Unified real estate regulator could strengthen transparency, attract investment to Egypt: Savills

The growing momentum behind proposals to establish a unified body to regulate and represent Egypt’s real estate developers could mark a turning point for the sector, according to Savills Egypt, which believes such a framework would strengthen buyer protection, improve market transparency, and enhan»»»

dailynewsegypt.com
Daily News Egypt 17h

Egypt moves to tighten oversight of food production factories

Egypt’s Prime Minister Mostafa Madbouly chaired a high-level meeting Monday to review measures aimed at strengthening oversight and enforcement across food production factories nationwide, as part of broader efforts to enhance food safety and protect public health. Madbouly reaffirmed that food saf»»»

dailynewsegypt.com
Al Awsat 19h

Report: Multi-Level Partnerships a Safeguard for Gulf Security

A recent analytical report says Gulf states are well positioned to play a larger role in shaping the regional security architecture in the aftermath of the war against Iran by adopting a multi-level security approach that combines greater self-reliance with broader international partnerships. The r»»»

english.aawsat.com
Arab News 20h

Hamas to hold talks with Gaza mediators in Egypt

GAZA CITY: A Hamas delegation is due to meet with mediators in Egypt on Wednesday to discuss ways of advancing the fragile Gaza ceasefire, officials from the Palestinian Islamist movement told AFP. The Palestinian territory remains gripped by daily violence, with the Israeli military and Hamas accu»»»

arabnews.com
Arab News 21h

Hamas to hold talks with Gaza mediators in Egypt

GAZA CITY: A Hamas delegation is due to meet with mediators in Egypt on Wednesday to discuss ways of advancing the fragile Gaza ceasefire, officials from the Palestinian Islamist movement told AFP.The Palestinian territory remains gripped by daily violence, with the Israeli military and Hamas accus»»»

arabnews.com
Middle East Observer 21h

Large projects in Egypt

In this paper we discuss the subject of national projects and their direct relationship to macroeconomic and reform programme When analysing the economic situation of Egypt, we cannot separate the new capital project from the other major national projects that have been in operation since 2014. The»»»

meobserver.org
Gulf News 21h

Islamabad orders early shutdown of commercial centres

Dubai: Authorities in Islamabad have ordered markets and shopping malls to close by 8pm as part of energy-saving measures introduced amid rising fuel costs and supply pressures linked to the US-Iran conflict. The Islamabad Capital Territory Administration issued the notification on Monday, with the»»»

gulfnews.com
Gulf News 21h

Kerala schoolgirl’s snakebite death puts annual risk in focus

The death of a 13-year-old schoolgirl weeks after a suspected Russell’s viper bite has renewed attention on Kerala’s recurring snakebite problem, with experts warning that the state is currently in one of its peak seasons for encounters between humans and snakes. Niya Lenin, a Class 8 student from »»»

gulfnews.com
Middle East Observer 1d

Egypt secures $10bn FDI target this year- Minister

Egypt may exceed its $10 billion target for foreign direct investment this year as the depreciated pound reduces the cost of conducting business in North Africa’s largest economy and a new investment law comes into force, the investment minister announced. Sahar Nasr informed Bloomberg she had been»»»

meobserver.org
Arabfinance 1d

TMG Holding secures investment license for integrated community development in Baghdad Arab Finance For Information Technology

Arab Finance: Talaat Moustafa Company Baghdad, a unit of Talaat Moustafa Group (TMG Holding), was licensed to develop an integrated community in South-West Baghdad, Iraq, according to a press release. The subsidiary successfully received an investment license number 2026/515 issued on 24 May 2026 b»»»

arabfinance.com
Egypt Independent 01.06. 11:21

Egypt allocates LE90 billion in new budget to support production, exports

Minister of Finance Ahmed Kouchouk said that the new budget for fiscal year 2026/2027 is designed to build an economy that is more capable of achieving strong and balanced growth, while also being more responsive to the needs of both citizens and investors. In a statement on Sunday, May 31, 2026, K»»»

egyptindependent.com
Gulf News 01.06. 10:13

Why cashless revolution needs a conscience

Last year, cash slipped below 20% of in-person retail spend globally for the first time. In the UAE, contactless and digital payments already dominate the checkout. Saudi Arabia which had set a target of 70% non-cash transactions by 2025, crossed that threshold in 2023. Get updated faster and for F»»»

gulfnews.com
Al Awsat 01.06. 09:54

Hamas Blames Mladenov for Israeli Escalation as Mediators Continue Gaza Contacts

Hamas has held Nikolay Mladenov, the senior Gaza representative at the Board of Peace, responsible for the latest Israeli escalation in Gaza, while confirming that intense talks with mediators and regional parties remain ongoing in an effort to halt the violence. Sources within Hamas in Gaza said a»»»

english.aawsat.com
The Peninsula 01.06. 08:53

World Cup 2026 set for record scale as football enters new era

Doha, Qatar: As the countdown enters its final 10 days, the FIFA World Cup 2026 is moving into its final phase of preparation. Hosted across the United States, Mexico and Canada from June 11 to July 19, the tournament will break new ground as the first 48-team edition, making it the biggest World C»»»

thepeninsulaqatar.com
Arabfinance 01.06. 07:23

Egypt's ports handle record 11.1M TEUs in 2025: Transport Ministry Arab Finance For Information Technology

Arab Finance: Egyptian ports handled a record 11.1 million twenty-foot equivalent units (TEUs) in 2025, marking a 24.3% year-on-year (YoY) increase from 8.9 million TEUs in 2024, according to a statement by the Ministry of Transport. The ministry said Egyptian ports also received the highest number»»»

arabfinance.com
Arabfinance 01.06. 06:58

MRMIA signs MoU with Turkiye's OZ Mining to assess Eastern Desert gold deposits Arab Finance For Information Technology

Arab Finance: The Mineral Resources and Mining Industries Authority (MRMIA) has inked a memorandum of understanding (MoU) with Turkiye-based OZ Mining to cooperate on a preliminary study and assessment of gold ore deposits and associated minerals in Egypt's Eastern Desert, as per a statement by the»»»

arabfinance.com
Gulf News 01.06. 04:28

Rare total solar eclipse 2026 to sweep across Europe and North Atlantic on August 12

Millions of people across Europe, the North Atlantic and parts of the Arctic are expected to witness a rare total solar eclipse on August 12, 2026, in one of the most significant astronomical events of the decade. According to the European Space Agency, the path of totality will begin over the Arct»»»

gulfnews.com
Middle East Observer 01.06. 03:12

Youth-Driven Fintech Surge: Transforming Egypt’s Financial Landscape

Over the past five years, Egypt has witnessed a remarkable transformation in its financial technology sector, with a 5.5-fold increase in fintech startups. According to the FinTech Landscape Report by Entlaq, in collaboration with the Netherlands Enterprise Agency and the Dutch Embassy in Egypt, th»»»

meobserver.org
BNE 01.06. 02:21

AfDB forecasts Africa growth slowdown to 4.2% in 2026 amid global tensions

Africa’s economies are projected to grow 4.2% in 2026, slightly below the estimated 4.4% expansion recorded in 2025, before rebounding to 4.4% in 2027, according to the African Development Bank’s (AfDB) 2026 African Economic Outlook released at the bank’s annual meetings in Brazzaville. The AfDB sa»»»

intellinews.com
Middle East Observer 01.06. 02:12

26/02/2017 Tenders

Healthcare, Medical Equipment & Services Client : El Salhia Company For Investment & Development The Agricultural Salhia Project Address : New Salhia City Tel.: 02-3202611 Tender : General tender for the supply of veterinary medicine for the chicken production sector Tender documents : EGP250 Openi»»»

meobserver.org
Middle East Observer 01.06. 01:48

Localizing Innovation: Air Liquide’s €80mn Investment in Egypt

Prime Minister Mostafa Madbouly inaugurated Air Liquide Egypt’s new medical and industrial gases plant in the Integrated Sokhna Zone, part of the Suez Canal Economic Zone (SCZone). With an investment of €80 million, this facility underscores Egypt’s commitment to enhancing its industrial infrastruc»»»

meobserver.org
Qatar Tribune 31.05. 23:49

QC thanks donors as Udhiyah project benefits over 900,000

Tribune News Network Doha Qatar Charity (QC) has thanked donors for strong support of the Qurbani (Udhiyah) Project, implemented under its seasonal campaign ‘The Greatest Days’. With the support of benefactors, the project was carried out during Eid Al Adha in 43 countries, including Qatar, bringin»»»

qatar-tribune.com
Daily News Egypt 31.05. 21:49

Egypt condemns Israeli incursion into Southern Lebanon as regional tensions escalate

Egypt on Sunday strongly condemned Israel’s expansion of ground operations in southern Lebanon, describing the Israeli army’s crossing of the Litani River and advance into areas north of the river as a “complete violation of Lebanese sovereignty” and an attempt to impose a new military reality on t»»»

dailynewsegypt.com
Daily News Egypt 31.05. 21:49

Egyptian pound strengthens, gold prices fall 2.7% in May

Gold prices in Egypt fell sharply in May 2026, weighed down by a stronger Egyptian pound and weaker global bullion markets, according to the Gold and Precious Metals Division at the Federation of Egyptian Industries. Division Chairperson Ehab Wassef explained that the local market faced a dual sque»»»

dailynewsegypt.com
Daily News Egypt 31.05. 21:49

Communications minister reviews Concentrix Egypt expansion plans, digital skills cooperation

Egypt’s Minister of Communications and Information Technology, Raafat Hindi, held talks with Amr Sobhy, Chairperson of Concentrix Egypt, to discuss the company’s expansion plans in the Egyptian market, efforts to create new employment opportunities, and prospects for strengthening cooperation in di»»»

dailynewsegypt.com
Daily News Egypt 31.05. 21:49

FRA cuts MCDR fees to boost digital real estate investment platforms

Egypt’s Financial Regulatory Authority (FRA) has issued a new decision reducing the fees charged by Misr for Central Clearing, Depository and Registry (MCDR) for all participants operating within digital platforms dedicated to investment in real estate investment fund certificates. The move is part»»»

dailynewsegypt.com
Daily News Egypt 31.05. 21:49

Egypt allocates EGP 90bn in new budget to boost production, exports and entrepreneurship

Egypt’s Finance Minister Ahmed Kouchouk announced that EGP 90bn has been earmarked in the 2026/2027 fiscal year budget to expand programmes supporting production, exports, and entrepreneurship. Kouchouk said the allocations include EGP 48bn for export rebate payments and EGP 7bn to support the tour»»»

dailynewsegypt.com
Daily News Egypt 31.05. 21:49

Al-Sisi calls for enhancing global competitiveness of Egyptian universities

Egyptian President Abdel Fattah Al-Sisi has called for strengthening the global competitiveness of Egyptian universities and expanding international academic partnerships as part of broader efforts to position Egypt as a regional hub for higher education, scientific research, and innovation. The di»»»

dailynewsegypt.com