Sisi, Kushner discuss Middle East developments, Gaza peace plan
Cairo, Aug. 16 (SANA) Egyptian President Abdel Fattah el-Sisi met on Sunday with US envoy Jared Kushner to discuss current developments in the Middle East and ways to support regional security and stability, the Egyptian presidency said. El-Sisi stressed the importance of continued joint work to ad»»»
Qatar and 7 Arab, Islamic countries condemn Israel over rejection of Gaza peace plan
QNA DOHA Qatar and seven Arab and Islamic countries have condemned Israel’s declared rejection of a roadmap intended to complete the implementation of US President Donald Trump’s comprehensive plan to end the Gaza conflict, while also denouncing Israel’s rejection of Palestinian statehood. In a joi»»»
Eight countries condemn Israel’s stance on Gaza peace roadmap
Abu Dhabi, Aug. 16 (SANA) Saudi Arabia, the UAE, Qatar, Jordan, Egypt, Türkiye, Indonesia and Pakistan condemned Israel’s reported rejection of a roadmap for implementing President Donald Trump’s plan to end the war in Gaza, warning that such a position would obstruct peace efforts and undermine im»»»
Israeli Channel 14: The assessment in the Israeli army is that Hezbollah will continue fighting to defend the Ali Al-Taher area - Al-Manar TV Lebanon
Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Israeli Channel 14: The assessment in the Israeli army is that Hezbollah will continue fighting to defend the Ali Al-Taher area 16-08-2026 »»»
Al Salem Holding targets EGP 50bn investment portfolio within five years
Al Salem Holding plans to expand its investment portfolio in Egypt from more than EGP 15bn currently to EGP 50bn over the next five years, representing a 234% increase, Chairperson Bahaa Salem said. The announcement was made during a media site visit to the group’s Blue Side Hub at Marina 5 on the »»»
Real estate delivery delays in Egypt highlight financing, governance challenges
Delays in the delivery of real estate projects in Egypt are not merely construction-related issues but are closely linked to financing structures, risk management, and corporate governance, Basem El-Sherbiny, Founder and CEO of Etqan Consultancy, said. El-Sherbiny explained that buyers purchasing o»»»
Real estate regulation key to positioning Egypt as global property export hub
Ahmed Elbatrawy, CEO and Founder of Egyptian Real Estate Platform, said the future of Egypt’s real estate market is closely tied to the sector’s ability to adopt technology and apply it effectively, stressing that digital transformation could help position real estate as one of the country’s strong»»»
Al-Sisi, Kushner discuss Gaza, regional developments
Egyptian President Abdel Fattah Al-Sisi received Jared Kushner, US President Donald Trump’s son-in-law, in New Alamein on Sunday for talks on developments in Gaza and broader regional crises, the Egyptian presidency said. The meeting was attended by Foreign Minister Badr Abdelatty and General Intel»»»
Industry minister inspects Sinai Manganese alloy plant, eyes 50k-tonne annual capacity by 2028
Egypt’s Minister of Industry Khaled Hashem inspected the manganese alloy plant operated by Sinai Manganese Company during his first visit to the Abu Zenima Industrial Zone in South Sinai, reviewing the company’s production operations and expansion plans, including a target to raise annual productio»»»
Egypt issues 17 updated customs facilitation guides: Finance minister
Finance Minister Ahmed Kouchouk said the government is working to simplify customs concepts and procedures to ensure consistent customs practices and facilitate processes for investors, as part of an integrated institutional reform strategy aimed at improving customs awareness among employees and i»»»
26,000 new companies established in H1 2026: Investment minister
Investment and Foreign Trade Minister Mohamed Farid said company incorporation indicators reflected significant growth in investment activity, with around 26,000 new companies established between January and June 2026, up 20% compared with the same period last year, while issued capital reached aro»»»
Egypt uncovers massive mud-brick wall, ancient roads, statues and Ramses II inscription
Dubai: An Egyptian archaeological mission has uncovered a massive mud-brick wall, ancient stone roads and an inscription bearing the titles of King Ramses II at Tell Abu Seifi in Ismailia province, shedding new light on the ancient Horus military route and its role in defending Egypt’s eastern fron»»»
Rees Tech partners with LONGi, AIKO and VEICHI to expand Egypt’s solar energy market
Rees Tech, a company specialising in solar energy and renewable energy solutions, has signed three partnership agreements with leading Chinese companies LONGi, AIKO and VEICHI as part of its strategy to strengthen its presence in the Egyptian market and introduce advanced solar, energy storage and »»»
Egypt invests EGP 169m in Matrouh waste management system
Egypt has invested around EGP 169m in developing the waste management system in Matrouh Governorate as part of efforts to improve environmental services and expand integrated waste management infrastructure. The figure was announced during a meeting between Local Development and Environment Ministe»»»
Qatar, seven Arab and Islamic states condemn Israel’s rejection of Gaza roadmap
DOHA: The Foreign Ministers of the State of Qatar, the Hashemite Kingdom of Jordan, the United Arab Emirates, the Republic of Indonesia, the Islamic Republic of Pakistan, the Republic of Turkiye, the Kingdom of Saudi Arabia, and the Arab Republic of Egypt have condemned Israel's public rejection of»»»
Five Arab countries condemn Israel’s rejection of Trump’s Gaza plan
CAIRO: Five Arab countries, together with Turkiye, Pakistan and Indonesia, on Sunday condemned Israel’s rejection of US President Donald Trump’s plan for Gaza. In a joint statement, the countries, including Egypt, Qatar, Saudi Arabia and UAE, said the rejection threatened Trump’s intens»»»
Foreign Ministers of Qatar and 7 Arab and Islamic countries condemn Israel's public rejection of roadmap aimed at completing implementation of U.S. President's comprehensive plan to end conflict in Gaza
Doha, Qatar: The Foreign Ministers of Qatar, UAE, Jordan, Indonesia, Pakistan, Turkiye, KSA, and Egypt condemn the declared Israeli rejection of the Road Map for completing the implementation of US President Trump’s Comprehensive Plan to End the Gaza Conflict, as endorsed by UN Security Council Res»»»
UAE and seven nations issue joint statement on Gaza peace plan
The Foreign Ministers of UAE, Qatar, Jordan, Indonesia, Pakistan, Turkey, KSA, and Egypt condemn the declared Israeli rejection of the Road Map for completing the implementation of US President Trump’s Comprehensive Plan to End the Gaza Conflict, as endorsed by UN Security Council Resolution 2803, »»»
Kerala woman arrested for allegedly duping 51 job seekers with Oman offers
A 59-year-old woman has been arrested by Kerala Police for allegedly cheating job seekers with promises of lucrative employment in Oman and collecting money for visa processing and other expenses. According to media reports, police identified the accused as L.S., a resident of Vadakara in Kozhikode»»»
Hamas begins crucial talks with Egypt on Trump's Gaza peace plan
A Hamas delegation began a meeting with Egypt's spy chief on Sunday to discuss ways to advance the implementation of a post-war plan for Gaza, an official from the Palestinian group told AFP. A Hamas delegation began talks on Sunday in Egypt with Egyptian intelligence chief Hassan Rashad, a Hamas o»»»
MENA economy set for 8.5% rebound in 2027 after deep 2026 slump: BMI
RIYADH: The Middle East and North Africa region is projected to return to growth in 2027, expanding 8.5 percent, after a contraction this year, according to a forecast from BMI, a Fitch Solutions company. BMI expects the MENA economy to contract by 3.3 percent in 2026, a sharper decline than the 0.»»»
Hamas delegation, Egypt spy chief hold talks on Gaza plan
Cairo: A Hamas delegation met Egyptian intelligence chief Hassan Rashad on Sunday to discuss ways to advance the implementation of a post-war plan for Gaza, Egypt’s state news agency reported. The Middle East News Agency said the delegation led by Hamas chief Khalil Al-Hayya “reaffirmed commitment »»»
Egypt archaeological discovery sheds new light on ancient Horus Military Road
CAIRO: An Egyptian archaeological mission has uncovered new evidence at Tell Abu Seifi in Qantara East, Ismailia Governorate, shedding fresh light on the ancient Horus Military Road and the city of Mesen. The discoveries include a lintel dating to the reign of King Ramesses II, new architectural ev»»»
IMF unlocks $1.8bn for Egypt after seventh program review
RIYADH: Egypt gained immediate access to about $1.8 billion in International Monetary Fund financing after the fund’s executive board completed the latest reviews of the country’s economic reform arrangements. The decision allows Egypt to draw about $1.5 billion under the Extended Fund Facility and»»»
Missed the August eclipse? The next one is less than six months away
Dubai: The total solar eclipse of 12 August 2026 may be over, but skywatchers will not have to wait long for the next solar spectacle. The next solar eclipse will take place on 6 February 2027, less than six months from now. It will be an annul solar eclipse, producing the distinctive “ring of fire»»»
GB Corp’s consolidated revenues leap 35.2% YoY in H1 2026 Arab Finance For Information Technology
Arab Finance: GB Corp recorded a 24.54% year-on-year (YoY) drop in consolidated net profits after tax attributable to the shareholders for the first half (H1) of 2026, reaching EGP 1.262 billion from EGP 1.672 billion, according to the financial results. Operating revenues jumped by 35.2% to EGP 48»»»
Egypt, Libya chambers seal deal to launch annual industrial fair in April 2027
The Libyan flag, Libya December 6, 2016. REUTERS/Hani Amara The Federation of Egyptian Industries (FEI) and the General Libyan Union of Chambers of Commerce, Industry and Agriculture (GLUCC) have signed a cooperation protocol to organize an annual Egyptian-Libyan industrial integration exhibition i»»»
Sukuk liquidity nears pre-war levels as recovery remains uneven: Fitch
RIYADH: Liquidity among most Fitch-rated sukuk is edging closer to pre-war levels despite ongoing geopolitical tensions in the Middle East, although the recovery remains uneven, an analysis showed. As of Aug. 4, just over 75 percent of Fitch-rated sukuk had a liquidity score above 50, up from 64 pe»»»
AD Ports expands UAE trade routes to keep goods moving during Hormuz disruption
Dubai: AD Ports Group expanded alternative sea, road, rail, and air cargo routes across the UAE during the second quarter of 2026 to keep goods moving amid disruptions around the Strait of Hormuz, including critical shipments such as food and pharmaceuticals. Sign up for our daily business newslett»»»
Hamas official to Asharq: Senior delegation to visit Cairo to meet Egyptian intelligence chief
CAIRO: A Hamas official told Asharq that a senior delegation from the movement will arrive in Egypt from Istanbul within hours, where it will meet Egyptian General Intelligence chief Hassan Rashad to push for the implementation of the roadmap for Gaza. The official said the delegation will discuss »»»
12 killed as bus overturns in Hungary
A Polish-registered bus overturned on a Hungarian highway early Sunday killing 12 people and leaving at least 10 with serious injuries, Prime Minister Peter Magyar and the police said. The Polish coach crashed at 1am (2300 GMT Saturday) on the M3 highway near Mezokeresztes, east of Budapest, accord»»»
QFA urges AFC for transparency in positions, statements issued on behalf of MAs
Doha, Qatar: The Qatar Football Association (QFA) has called upon the Asian Football Confederation (AFC) to consistently apply the principles of transparency and consultation in a manner that preserves its credibility and strengthens trust among its Member Associations (MAs). QFA also emphasised th»»»
Erdogan says Egypt could join Turkiye-Saudi-Pakistan defence pact
DOHA: Turkish President Recep Tayyip Erdogan has said Egypt could become the next country to join a newly established mutual defence pact between Turkiye, Saudi Arabia and Pakistan. In an interview with Al Jazeera, Erdogan described Cairo’s possible accession as one of several options being conside»»»
Vantage: Bridging Data, Innovation, and Investment in Egypt’s Real Estate Market Arab Finance For Information Technology
Arab Finance: Egypt's real estate market has remained resilient despite a challenging macroeconomic environment, with inflation, currency movements, and rising construction costs continuing to reshape property prices and buyer behavior. Official and industry data point to sustained price pressures:»»»
Beyond Tax Breaks: Can Egypt’s New Package Unlock the EGX’s Potential? Arab Finance For Information Technology
Egypt has unveiled its second tax facilitation package, a cornerstone in its broader reform agenda aimed at easing operational burdens while invigorating capital market activity. Building on the first package’s SME-focused measures, the new framework introduces incentives designed to attract influe»»»
MRMIA, Wadico, Elsewedy Capital move to accelerate Ain Sokhna phosphate fertilizer plant Arab Finance For Information Technology
Arab Finance: Egypt is moving to accelerate the implementation of the integrated phosphate fertilizer plant in Ain Sokhna, being developed by a partnership between the Mineral Resources and Mining Industries Authority (MRMIA), the New Valley Company for Mineral Resources and Oil Clay (Wadico), and »»»
MSMEDA, KfW sign €30M agreement to finance micro-enterprises Arab Finance For Information Technology
Arab Finance: The Micro, Small and Medium Enterprise Development Agency (MSMEDA) inked a €30 million financing agreement with KfW Development Bank to support micro-enterprises across Egypt, with a focus on productive businesses, women-owned enterprises, and projects operating in underserved areas, »»»
Hamas chief heads to Cairo for talks ahead of Kushner visit
JERUSALEM: Hamas political chief Khalil al-Hayya was set to travel to Cairo on Saturday evening for talks with Egyptian officials, a Hamas source told AFP, ahead of a visit by US President Donald Trump's envoy Jared Kushner to the region. Hayya, who will be visiting Egypt for the first time since a»»»
Salah’s Trabzonspor debut ends in draw after Kasimpasa fight back
ISTANBUL: Mohamed Salah made his competitive debut for Trabzonspor on Saturday, coming off the bench in their Turkish Super Lig opener as Kasimpasa rallied from a goal down to secure a 1-1 draw. Trabzonspor took the lead in the first half through Noah Saviolo before Kasimpasa’s Adrian Benedyczak»»»
Lekhwiya delegation takes part in Egypt's search and rescue team classification ceremony
DOHA: A delegation from the Internal Security Force (Lekhwiya) participated in a ceremony held to announce that the Search and Rescue Team of the General Directorate of Civil Protection at the Ministry of Interior of the Arab Republic of Egypt had obtained international classification at the 'Mediu»»»
Lekhwiya delegation participates in Egypt's Civil Protection Search and Rescue Team international classification ceremony
Doha, Qatar: A delegation from the Internal Security Force (Lekhwiya), headed by Assistant Commander for Administration and Supply, Staff Brigadier Mubarak Sherida Al Kaabi participated in the ceremony announcing that the Search and Rescue Team affiliated with the General Directorate of Civil Prote»»»
QFA urges AFC for transparency in positions, statements issued on behalf of member national associations
Doha: The Qatar Football Association (QFA) has called upon the Asian Football Confederation (AFC) to consistently apply the principles of transparency and consultation in a manner that preserves its credibility and strengthens trust among its members. QFA also emphasized the importance of adhering »»»
Star Cameroon goalkeeper Bihina faces Malawi’s prolific Chawinga sisters in WAFCON final
JOHANNESBURG: Prolific sisters Tabitha and Temwa Chawinga have been instrumental in transforming Malawi from no-hopers to giant killers to finalists at the 2026 Women’s Africa Cup of Nations in Morocco. The Malawian Scorchers scored 12 goals en route to the title decider against Cameroon on Sunday »»»
QFA urges AFC for transparency in positions, statements issued on behalf of member national associations
DOHA: The Qatar Football Association (QFA) has called upon the Asian Football Confederation (AFC) to consistently apply the principles of transparency and consultation in a manner that preserves its credibility and strengthens trust among its members. QFA also emphasized the importance of adhering »»»
Hungry man dies by suicide outside upscale restaurant after being denied food
Tunisia: A man in his 50s has died by suicide outside a restaurant in the affluent coastal district of La Marsa after reportedly asking for food and being turned away, in an incident that has sparked widespread anger across Tunisia. According to accounts of the incident, the man approached the rest»»»
UAE expresses solidarity with Indonesia after deadly 7.7 magnitude earthquake
The United Arab Emirates has expressed its solidarity with the Republic of Indonesia over an earthquake that struck the country, which resulted in a number of deaths and injuries, in addition to substantial damage to property. Get updated faster and for FREE: Download the Gulf News app now - simply»»»
Telecom Egypt’s consolidated profits leap 46.7% YoY in H1 2026 Arab Finance For Information Technology
Arab Finance: The consolidated net profits attributable to the shareholders of Telecom Egypt rose by 46.68% to EGP 15.266 billion in the first half (H1) of 2026 from EGP 10.407 billion in H1 2025, according to the financial results. The company generated operating revenues valued at EGP 59.215 bill»»»
Startup Wrap: Fresh capital flows into MENA gaming, fintech and AI startups
RIYADH: The latest wave of startup activity across the Middle East and North Africa spanned new funding rounds, regulatory approvals and product launches in construction technology, gaming, financial services, insurance, education and digital healthcare. Companies are directing fresh capital toward»»»
UAE’s ADNOC vessel attacked again in Strait of Hormuz: All you need to know so far
A second vessel operated by Abu Dhabi National Oil Company (ADNOC) came under attack in the Strait of Hormuz on Friday evening, August 14, just a day after two ADNOC-affiliated ships were struck in the same waterway. The back-to-back incidents highlight the escalating risks facing commercial shippi»»»
UAE residents' update: US-Iran conflict, Hormuz tensions, ADNOC attack and flight cancellations
The US-Iran conflict remains centred on the Strait of Hormuz, with tensions rising after President Donald Trump said he could declare the strategic waterway US territory. Iran has rejected the claim and said the strait will remain under its authority. For UAE residents, the developments continue to»»»