Syrian military officials take part in CENTCOM-led conference in Bahrain
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 »»»
Trump's Libya deal: a 'forced marriage' between East and West?
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—»»»
Maxime Prévot on Europe's push to reassert its relevance in the Gulf
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»»»
Rwanda steps up nuclear ambitions with Russia-backed SMR cooperation agreement
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»»»
AI and virtual reality take centre stage in Abu Dhabi's anti-drug campaign
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»»»
Royal reserve signs memorandum to protect houbara bustard
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»»»
Leaving for a holiday this summer? Here's how to keep your home safe
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»»»
Egypt, Nigeria explore investment opportunities in digital, healthcare sectors
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»»»
Egypt’s Central Bank Holds Firm on Interest Rates
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»»»
PRE Group's Q1 2026 consolidated profits soar 337.7% YoY Arab Finance For Information Technology
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»»»
Egypt Secures $300m Chinese Investment to Deepen Automotive Supply Chain
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»»»
Ceiling for Saudi investments in Egypt steps up
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 »»»
DP World’s Sokhna hub gives Egypt a bigger trade role
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»»»
Belgium late show floors Senegal at World Cup
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 security chief says he ‘danced a happy dance’ while targeting Iranian World Cup footballers
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 »»»
Salah fitness race in focus for Egypt ahead of Australia clash
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 »»»
Lebanon and Syria join US-led Middle East military talks
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»»»
Egypt's president receives credentials of Qatar's ambassador
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 unveils LIVEX 2026, a global platform for livability-led investment
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-»»»
Heavyweight boxing enters a new era after Usyk vacates his belts. Here’s where they’re all headed
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»»»
Athar Festival expands international reach
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»»»
IBM names Tamer El Kholy General Manager for North East Africa Arab Finance For Information Technology
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»»»
EGX Rebounds as Global Capital Returns to Egyptian Assets
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»»»
EGX30 faces a new support level at 7425 points
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»»»
Shura Council participates in Arab Parliament Plenary session
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»»»
Parliament Seeks Stronger Institutional Role for National Investment Bank
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 This Day, July 1: Canada becomes self-governing - UPI.com
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»»»
Katara Prize for Arabic Novel shortlist announced
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»»»
SUMED’s Profits Soar to $192mn in 2024
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, »»»
PARAGON | ADEER brings EGP 70B Sumou Boulevard project to London property expo Arab Finance For Information Technology
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»»»
An Egypt-Türkiye reset could anchor a new regional order
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»»»
Transportation, tourism & agriculture are the most affected sectors by the increase in gasoline & diesel prices
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»»»
Nine children die after three-wheeler plunges into canal in Upper Egypt
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»»»
Arab Contractors inks a new agreement for a New Housing Project in Equatorial Guinea
Arab Contractors, the esteemed Egyptian construction firm, has inked a substantial agreement to spearhead housing projects in Equatorial Guinea. This development is part of Equatorial Guinea’s ambitious national strategy to construct 100,000 housing units, underscoring a vital collaboration between»»»
Education minister wins Arab social responsibility award
QNA Cairo Minister of Education and Higher Education HE Lolwah Al Khater has been awarded the Arab Woman Excellence Shield for Social Responsibility 2026 in recognition of her leadership and contributions to education and community service at the national, regional and international levels. Accordi»»»
9 children killed as tricycle plunges into a canal in Egypt
CAIRO: A motorized tricycle plunged into a canal in southern Egypt on Tuesday, killing nine children and injuring two others, local officials said. The tricycle fell into the water in the area of Abu Tig in the southern province of Assiut, according to a statement the governor’s office posted on Fa»»»
Egypt launches first national rare diseases forum, unveils expanded patient support measures
Egypt has announced a series of measures to strengthen care for patients living with rare diseases, including expanding early screening programmes, establishing a national patient registry, and creating a dedicated funding mechanism, during the launch of the country’s first national forum dedicated»»»
Egypt to Begin Allocating New Mobile Spectrum Under $3.5bn Telecom Deal
Egypt is set to begin allocating newly acquired mobile spectrum to telecommunications operators in July, marking the next phase of the country’s record US$3.5 billion spectrum agreement signed earlier this year to expand network capacity and support future digital services. The National Telecommuni»»»
Qatar wins several awards at Arab Women in Diplomacy Forum
Cairo: The State of Qatar won several awards at the International Forum of Arab Women in Diplomacy, organized by the General Secretariat of the League of Arab States at its headquarters in Cairo today, in cooperation with the Arab Council for Social Responsibility, coinciding with the International»»»
Egyptian, Russian customs sign agreements of cooperation
Egyptian Customs Authority and its Russian counterpart have signed agreements of mutual administrative assistance and protocols for cooperation in field of value and subsequent review between customs authorities. The two sides have also signed protocols to exchange information about the value of th»»»
Egyptian Banks Raise Deposit Rates as Loan Demand Strengthens
Egyptian banks are intensifying competition for Egyptian pound deposits as strengthening demand for local-currency lending prompts lenders to secure additional funding to support expanding credit activity. Several state-owned and private banks have recently increased returns on selected savings pro»»»
More Palestinians evacuate Gaza to receive medical treatment abroad
LONDON: The World Health Organization evacuated 85 individuals from the Gaza Strip on Tuesday, with assistance from the Palestine Red Crescent Society, to receive medical treatment abroad. The evacuation of 30 patients and 55 companions began at the society’s Al-Mawasi field hospital in Khan Younis»»»
How the World Cup is boosting the Arab hospitality sector
Football may well be the people’s opiate. Few spectacles rival it for drama or debate, as evidenced by this year’s FIFA World Cup, hosted jointly by Mexico, the United States, and Canada. With the elation and heartbreak comes spending. Whereas once fans crossed deserts, now they cross oceans to wat»»»
Qatar Education Minister receives Arab Social Responsibility Award
Cairo: Minister of Education and Higher Education HE Lolwah Al Khater has been awarded the Arab Woman Excellence Shield for Social Responsibility 2026 in recognition of her leadership and contributions to education and community service at the national, regional and international levels. According »»»
DHS secretary celebrates Iran’s exit from World Cup with ‘happy dance’
WASHINGTON: US Homeland Security Secretary Markwayne Mullin celebrated Iran’s elimination from the World Cup, saying he did a “happy dance,” Sports Business Journal reported on Monday. The Iranian team barely missed out on reaching the knockout rounds of the tournament. They drew all three of thei»»»
EGX Falls While Dollar IPO Strategy Broadens Egypt’s Market Appeal
Cairo — Egyptian equities closed mixed on Monday, with the benchmark EGX30 falling below the 50,000-point level as foreign selling weighed on blue-chip stocks, while small- and mid-cap shares advanced and investors assessed Egypt’s plan to internationalise parts of its state IPO programme through d»»»
Africa Global Logistics plans MTO for Egytrans NOSCO Arab Finance For Information Technology
Arab Finance: The Egyptian Transport & Commercial Services Co. (Egytrans NOSCO) has received notification from Africa Global Logistics of its intention to submit a mandatory tender offer (MTO) to acquire the company's shares, paving the way for its voluntary delisting from the Egyptian Exchange (EG»»»
Eni announces the operation of three new drilling rigs
Italian energy behemoth Eni has announced the commencement of operations for three new drilling rigs. These rigs, slated to become operational next week, will enhance production capabilities for the Egyptian Agiba Petroleum Company. The announcement was made by Eni’s CEO, Claudio Descalzi, during a»»»
El-Sisi Accelerates Suez Canal Shipbuilding Strategy as Exports Reach Europe
President Abdel Fattah El-Sisi has reinforced Egypt’s ambition to transform the Suez Canal Authority (SCA) from a global waterway operator into a regional maritime manufacturing and export hub, as the Authority secured its first exports of locally built tug boats to Europe while reporting a recover»»»
Egypt reaches IMF staff-level agreement, taking total funding to $7.2bn
RIYADH: Egypt reached a staff-level agreement with the International Monetary Fund that could unlock another $1.64 billion in funding, taking total program disbursements to about $7.2 billion. The agreement covers the seventh review under the Extended Fund Facility and the second review under the R»»»