Egypt prioritises maximising state assets, expanding private sector partnerships: Military production minister
Salah Gamblat, Minister of State for Military Production, said the state, under the leadership of President Abdel Fattah Al-Sisi, places great importance on maximising the value of its assets and industrial capabilities, localising industry, and strengthening partnerships with the private sector. H»»»
She planned her wedding. Instead, she discovered she had been trafficked as a baby.
Dubai: What should have been the happiest chapter of a young Egyptian woman's life instead uncovered an alleged human trafficking case dating back nearly two decades, after her family unexpectedly refused to allow her to marry. The woman, identified only as Nour, had accepted a marriage proposal wh»»»
Shakira to perform at Pyramids of Giza in Egypt
DUBAI: Shakira is set to return to Egypt for the first time in almost two decades with a concert at the Pyramids of Giza on Nov. 28. The Colombian superstar will perform at the UNESCO World Heritage Site in a show organized by Venture Lifestyle, marking her first appearance in the country since her»»»
Egypt launches a smart project of agriculture land tenure
Egypt’s Minister of Agriculture: The project is an effort exerted by the Ministries of Agriculture and Military Production to provide farmers with their needs Essam Fayad, Minister of Agriculture and Land Reclamation, said that smart agriculture land tenure system is a national project that has bee»»»
From punchline to pride: Egypt's humor and hope intertwine at a defining World Cup moment
Doha: For many Egyptians, emotions are running high as their national team prepares for what is considered one of the biggest matches in the nation's football history against Argentina in the FIFA World Cup 2026 Round of 16. The Pharaohs have stunned audiences worldwide and kindled an unparalleled »»»
Messi v Salah in World Cup last-16 showdown
KANSAS CITY, USA: Lionel Messi’s Argentina face Egypt for a place in the World Cup quarter-finals on Tuesday as the maestro looks to reclaim the lead in a fiercely contested Golden Boot race. The defending champions meet the African nation, spearheaded by Mohamed Salah, in Atlanta for the right to »»»
EGX Rally Broadens as Foreign Buying Pushes Benchmark Above 52,500
Egyptian equities extended their rebound on Monday as sustained institutional buying and renewed foreign investor appetite lifted the benchmark EGX30 above the 52,500-point mark, adding more than EGP128bn to the market’s capitalisation in a single session and reinforcing the recovery that began at »»»
Al-Homoud praises first Olympic Arab gold medalist, Al-Deihani
Salman Al-Homoud, Kuwait’s Minister of Information and Minister of State for Youth Affairs, spoke highly of Kuwaiti shooter Fehaid Al-Deihani who won a gold medal in Rio Olympics; this asserts Kuwaiti youth ability to win such competitions, he said. “It is an exceptional achievement, especially bec»»»
Deputy PM for Economic Affairs discusses EY’s expansion plans in Egypt
Deputy Prime Minister for Economic Affairs Hossam Issa reaffirmed on Monday, July 6, 2026, the government’s commitment to strengthening cooperation with leading global companies and attracting investment to support sustainable economic growth. Speaking during a meeting in the New Capital with a del»»»
Egypt’s transport minister unveils metro-development plan
The Ministry of Transportation is taking several steps to improve the metro service, including upgrading passenger carriages, trains, and stations, Egypt’s transport minister stated on Wednesday, according to a press release. The ministry is working on repairing the fleet of passenger and cargo pul»»»
Egypt’s non-oil economy suffers deepest downturn in 3.5 years as demand collapses
RIYADH: Egypt’s non-oil private sector contracted at its sharpest pace in nearly three-and-a-half years in June as demand weakness intensified and supply disruptions persisted, data showed. The headline S&P Global Egypt Purchasing Managers’ Index fell to 46 in June from 47.1 in May, marking a sixth»»»
Arab League chief outlines vision to revamp joint Arab action
Cairo: Secretary-General of the Arab League Nabil Fahmy outlined his perspective on the upcoming period, along with the priorities of the operation of the General Secretariat of the Arab League, in pursuit of advancing its performance and the joint Arab action system. This came during a meeting wit»»»
Colombia and Switzerland eye return to quarter-finals
Doha, Qatar: For Colombia and Switzerland, Vancouver offers more than just a place in the FIFA World Cup 2026 quarter-finals. It presents an opportunity to equal one of the greatest achievements in each nation’s football history. With holders Argentina or Egypt awaiting the winners, today’s Round o»»»
Salah’s Egypt chase more history against Messi’s Argentina
Doha, Qatar: After leading Egypt to the biggest victory in the country’s football history, Mohamed Salah revealed the message he gave his teammates before their dramatic penalty-shootout triumph over Australia: “This is a world stage. Show your footballing quality.” History-making Egypt will need a»»»
Egypt to announce first airport privatization results before year-end: NBK report Arab Finance For Information Technology
Arab Finance: Egypt is expected to announce the first results of its airport public offering program before the end of the year, according to a report by the National Bank of Kuwait (NBK), which cited statements by the regional director of the International Finance Corporation (IFC), a member of th»»»
ADNOC Distribution makes $1 billion move into South Africa fuel market
Abu Dhabi: ADNOC Distribution plans to acquire Shell Downstream South Africa in a deal with an implied enterprise value of about $1 billion, giving the UAE fuel retailer one of South Africa’s largest service station networks and a bigger platform for growth across Africa. Sign up for our daily busi»»»
Egypt inaugurates strategic command mega-complex “Octagon”
President Abdel Fattah El-Sisi inaugurated Egypt’s new Strategic Command Headquarters, known as “The Octagon”, in the New Administrative Capital on July 4. The complex is intended to centralise Egypt’s command, control and national security infrastructure, bringing military and state crisis managem»»»
Thousands of young Egyptians apply for ‘Gameeti’
MEO – Dr Khaled Hanafi, the Minister of Supply and Internal Trade, announced the opening of a number of branches of the retail project for young people in the governorates of Cairo, Alexandria and Sharqiya within the coming few days. The project aims to sell food and other commodities to citizens a»»»
Egypt coach Hassan says Palestinian suffering ‘a shame on the world’
ATLANTA: Egypt coach Hossam Hassan said at the World Cup on Monday that the suffering of the Palestinian people was a “shame on the world” as he called on football to do more to come to their aid. Hassan waved a Palestine flag after the Pharaohs beat Australia on penalties to reach the World Cup la»»»
Sudan gold mine collapse kills 15 miners: state company
KHARTOUM: A partial collapse in a decommissioned gold mine in northern Sudan has killed 15 miners, a state company said on Monday. The miners had snuck into the shut-down Mohamed Tawfiq mine, in Wadi Halfa near the Egyptian border, when “parts of the mine collapsed... killing 15 miners and injuring»»»
Rising Suez Canal Traffic: Stability in Red Sea Drives Maritime Shift
The recent stabilization of the Red Sea region is revitalizing maritime routes, with 47 ships diverting to the Suez Canal instead of the Cape of Good Hope since early this month. This trend was spotlighted by Osama Rabie, Head of the Suez Canal Authority (SCA), at the 14th Annual International Mari»»»
Egypt’s World Cup win energizing diaspora in US ahead of Argentina clash
CHICAGO: A wave of pride has spread through the Egyptian American community as a consequence of Egypt’s FIFA World Cup team making sports history by reaching the round of 16 for the first time, setting up a showdown with Argentina. Known as The Pharaohs, the Egyptian national team under coach Hossa»»»
Egypt’s Abdelatty signs migration pact with France to tackle economic drivers
Egypt and France signed a declaration of intent on Monday for bilateral cooperation in the field of migration, focusing on addressing the root economic and social causes of irregular movement rather than solely managing borders. Speaking at the signing ceremony, Minister of Foreign Affairs, Emigrat»»»
Egypt Secures Strategic Partnerships with Chinese Giants to Boost ICT Sector
In a significant development for Egypt’s ICT landscape, the Ministry of Communications and Information Technology, led by Minister Amr Talaat, has secured five pivotal agreements with leading Chinese companies. These partnerships are poised to spearhead major projects, solidifying Egypt’s standing »»»
How does the Saudi Pro League rank for foreign players represented in the Round of 16?
RIYADH: As the Round of 16 got underway at this World Cup, the official Saudi Pro League account announced there were 11 players still representing the league remaining in the competition. Four teams had one SPL player each, while three had two or more players in their squads. Two of those four tea»»»
Foreign, Petroleum ministers hold investment briefing for foreign diplomats
Minister of Foreign Affairs, International Cooperation, and Egyptian Expatriates Badr Abdelatty and Minister of Petroleum and Mineral Resources Karim Badawi held on Sunday, July 5, 2026, a briefing for representatives of foreign embassies in Cairo on investment opportunities and recent developments»»»
Ajman Free Zone targets secondary Indian cities, China as it ramps up global expansion
Dubai: Ajman Free Zone is stepping up its international expansion, planning to double its overseas presence by next year as it seeks to attract more manufacturers, SMEs and investors from India, China and other key markets. Sign up for our daily business newsletter, Cheques & Balances.Speaking at t»»»
Investing in Egypt’s Future: A Golden Opportunity for Private Sector Engagement
In a landmark move set to redefine the landscape of Egyptian industry and economy, the Ministry of Public Business Sector has announced a comprehensive strategy to foster private sector partnerships across a multitude of sectors. This initiative is a cornerstone of the State Ownership Policy Docume»»»
EGX Extends Recovery as Foreign Investors Rebuild Egyptian Positions
Cairo — Egyptian equities extended their recovery on Sunday, 5 July, as renewed foreign buying, strong performance by Commercial International Bank (CIB) and broad-based sector gains reinforced investor confidence in Egypt’s improving macroeconomic outlook and capital-market reforms. The benchmark »»»
Investment Minister backs startup EVRAID to advance local EV technology in Egypt Arab Finance For Information Technology
Arab Finance: Minister of Investment and Foreign Trade Mohamed Farid met with executives of local startup EVRAID to discuss plans to localize electric vehicle (EV) technology, according to a statement. The move comes as the government seeks to deepen domestic manufacturing and expand high-value exp»»»
On This Day, July 6: Naval Academy admits women for first time - UPI.com
On July 6, 1976, women were first admitted to the U.S. Naval Academy. The other military academies soon followed suit. 1 of 6 | Graduates celebrate after throwing their caps to conclude the U.S. Naval Academy Graduation and Commissioning Ceremony at the U.S. Naval Academy in Annapolis, Md., on May »»»
African football’s breakthrough moment: Continent’s stars shine bright at World Cup
Doha, Qatar: With the 2026 FIFA World Cup Round of 16 underway, African teams have delivered one of the most memorable performances in the tournament’s history. With 10 nations representing the continent in the expanded 48-team format, CAF teams shattered records by sending a staggering nine into t»»»
Ancient Tomb Discovery in Minya Reveals Early Evolution of Egyptian Funerary Architecture
Egyptian archaeologists have uncovered two Early Dynastic tombs dating to c. 3100–2686 BC at Gabal El-Teir, a limestone escarpment overlooking the Nile in Minya Governorate, in a discovery offering rare evidence of the transition from Predynastic burial traditions to the increasingly sophisticated »»»
How Oxford Union’s first Palestinian president became Britain’s most scrutinized student leader
OXFORD: By the time Arwa Elrayess’s presidency of the Oxford Union drew to a close, she had become one of the most divisive student figures in Britain. Her name had ricocheted through newspapers and political debate, far beyond Oxford’s dreaming spires. Critics accused the 20-year-old of legitimizi»»»
What Hussam Abu Safiya’s case shows about the limits of international pressure
LONDON: The image of Dr. Hussam Abu Safiya walking toward Israeli forces before his arrest on Dec. 27, 2024, became one of the defining images of the Gaza war. New allegations about the Palestinian doctor’s treatment in Israeli custody have renewed calls for his release and raised fresh questions a»»»
DP World Opens Egypt’s First Integrated Logistics Distribution Centre at Sokhna
CAIRO – DP World has inaugurated Egypt’s first fully integrated Logistics Distribution Centre (LDC) at Sokhna Logistics Park, marking a significant step in the country’s ambition to strengthen its position as a regional logistics and trade hub. The launch, attended by Prime Minister Mostafa Madboul»»»
ACC export value hits JD768m in H1 2026
AMMAN — The value of exports covered by certificates of origin issued by the Amman Chamber of Commerce (ACC) increased by 25.2 per cent in the first half of 2026 compared with the same period last year.According to chamber data, exports documented through these certificates reached around JD768 mil»»»
Banks operating in Egypt post EGP 218.4bn in net profits in Q1 2026
Banks operating in Egypt recorded combined net profits of EGP 218.410bn during the first quarter (Q1) of 2026, according to a report published on Sunday by the Central Bank of Egypt (CBE). The report showed that net interest income reached EGP 284.472bn, while net operating income totalled EGP 306.»»»
Egypt’s developers leverage Hollywood icons to attract international property investors
The growing use of Hollywood celebrities and internationally recognized personalities in Egypt’s real estate campaigns is no longer a branding exercise. Industry experts say it has evolved into a strategic marketing approach aimed at positioning Egypt as an international investment destination, sup»»»
Egypt coordinates to issue freedom of information law, open media dialogue
Egypt is coordinating to expedite the issuance of a freedom of information law and establish sustainable, off-budget funding for public service media, following presidential directives to open objective media dialogue that includes opposing views. Prime Minister Mostafa Madbouly met with Minister o»»»
Why were gold pieces placed inside the mouths of the dead? Egypt's latest discovery offers clues
Dubai: Egyptian archaeologists have uncovered 18 ancient tombs, sealed burial chambers and a collection of rare artefacts, including 24 gold tongue amulets and a granite sarcophagus, during excavations at the archaeological city of Marina El Alamein on Egypt's northwestern Mediterranean coast. The »»»
Bangladesh says Saudi fertilizer support eased food security risks during Hormuz closure
DHAKA: The closure of the Strait of Hormuz in March threatened not only fuel but also fertilizer supply to Bangladesh, as it entered its planting season. A state agency responsible for the imports says that Saudi help allowed emergency supplies to reach on time, reducing food security risks. Mid-Ma»»»
EY MENA Launches Regional Consulting and Technology Hub in Egypt
Agreement with Egypt’s ITIDA to create more than 1,000 jobs and expand technology and consulting exports The company selects Egypt as offshoring business grows, underpinned by skilled talent and engineering depth Cairo, Egypt, July 3, 2026 — EY Middle East and North Africa (EY MENA) has launched a »»»
French new labor law applies less employer restrictions, Egyptian law applies more, yet both target increasing employment
Unemployment rate in France has been sustained at an alarming level of above 8% since the second half of the 1980s. It is currently at 9.7% with companies finding difficulties hiring even with the presence of offers which means for economists that France is hitting up against structural unemploymen»»»
EGX Edges Higher as Foreign Buying Extends Market Recovery
Small caps lead gains while investors weigh debt inflows, IMF progress and improving external liquidity Cairo — Egyptian equities closed last week higher on Wednesday, extending the market’s recovery for a second consecutive session as foreign investors returned as net buyers and small- and mid-cap»»»
Gulf Investors Eye Stake in Egypt’s $150m Arab API Pharmaceutical Ingredients Project
Egypt’s drive to localise pharmaceutical manufacturing has attracted fresh regional investor interest, with Gulf companies expressing a desire to participate in the Arab API project, one of the country’s largest strategic investments in pharmaceutical raw materials. Olfat Ghorab, Chairwoman of the »»»
President Sisi hails Egypt-Russia cooperation
dabaa nuclear power project President Abdel Fattah al-Sisi on Saturday, July 04, 2026, praised the longstanding cooperation between Egypt and Russia, expressing appreciation to Russian President Vladimir Putin for his support of major development projects. Speaking after inaugurating Egypt’s State »»»
Egypt expects €1.5 billion from EU assistance package in coming days, minister says
DUBAI: Egypt expects to receive €1.5 billion ($1.72 billion) from the European Union in the coming days, the first of two remaining tranches of a €5 billion macro-financial assistance package, Foreign Minister Badr Abdelatty said on Saturday. Speaking at a press conference in Egypt’s new ad»»»
Hungary opens door to new digital payments player in Europe
Global alternative payments platform Pay10 has officially entered the European Union after securing an Electronic Money Institution (EMI) licence from the National Bank of Hungary (Magyar Nemzeti Bank), a milestone that positions the company among only three EMI licence holders in the country and a»»»
Unforgettable Round of 32 reshapes World Cup
Doha, Qatar: The FIFA World Cup entered the knockout stage with 32 teams still dreaming of glory. Over 16 matches played across the United States, Canada and Mexico, football’s biggest names were forced to fight for survival, big nations were sent home, and several nations celebrated the greatest v»»»