Trump to meet El-Sisi at G7 summit in France: Egyptian presidency
CAIRO: US President Donald Trump is set to hold talks with Egypt’s President Abdel Fattah El-Sisi on the sidelines of the G7 summit in France this month, the Egyptian presidency said on Sunday. In a statement, the presidency said El-Sisi is expected to hold a series of meetings with world leaders d»»»
WE and AASTMT inaugurate Cybersecurity Innovation Lab in Smart Village
Cybersecurity took another step towards becoming a strategic pillar of Egypt’s digital economy after the official inauguration of a new Cybersecurity Innovation Lab at the Arab Academy for Science, Technology and Maritime Transport (AASTMT) in Smart Village. The facility forms part of the WE Innova»»»
Egypt Opens the Door to Remote Account Opening
Financial inclusion is set to enter a new phase in Egypt after banks completed preparations to allow customers to open bank accounts remotely for the first time, a move that could fundamentally reshape customer acquisition, accelerate digital banking adoption and reduce reliance on traditional bran»»»
EGX Ends Week Lower Despite Continued Foreign Buying
Overseas Buyers Absorb Domestic Selling as Confidence in Egypt’s Medium-Term Outlook Remains Intact Cairo — Egyptian stocks ended the trading week on a weaker note on Thursday, extending the market’s recent correction despite continued buying by foreign and Arab investors, as domestic selling press»»»
Egypt, DP World mull expanding logistics centers to foster trade in Africa Arab Finance For Information Technology
Arab Finance: Minister of Investment and Foreign Trade Mohamed Farid welcomed a delegation from DP World and discussed plans to expand distribution and logistics centers and boost trade with African markets, according to a statement. This comes as part of the government’s efforts to position Egypt »»»
How to spend a day in the city of exotic beauty Aswan
Sometimes when your eyes catch outstanding breath-taking beauty, you might visualise the scenery as a painting.Beautiful sceneries are present all around the world; however you do not need to travel to entertain your eyes, especially with the increasing prices of plane tickets. Egypt can host you t»»»
Alkan Joins Egypt’s Drive to Build a Regional Auto Hub
Egypt’s automotive manufacturing ambitions received a fresh boost after Alkan Holding announced plans to invest $120 million in a new vehicle assembly facility, positioning local manufacturing at the centre of its next growth phase while supporting Cairo’s wider effort to turn the country from a ve»»»
In numbers: Why president El-Sisi?
A comprehensive national project to develop all sectors. Figures and statistics have revealed the size of the various national projects carried out by the armed forces as part of the comprehensive development plan launched by President Abdel-Fattah El-Sisi. Over the past decades, these sectors have»»»
Staff Arabia: Infrastructure & Labor Costs Cement Egypt's MENA Hub Status Arab Finance For Information Technology
Arab Finance: As part of the Egyptian government’s aggressive economic reform strategy to transition toward a knowledge-based economy and diversify its foreign currency streams, the state has renewed its focus on capitalizing on service exports and positioning Egypt as a premier global hub for offs»»»
Egypt's Industrial Revolution: Zones and Complexes Redraw the Economic Map Arab Finance For Information Technology
Egypt is entering a decisive phase in its industrial policy, with industrial zones and complexes emerging as the backbone of its economic transformation. Far from being mere clusters of factories, the complexes are designed as integrated ecosystems that align government incentives with private inve»»»
Trump to meet Mideast leaders, attend Ukraine session at G7 summit in France
WASHINGTON: US President Donald Trump will meet leaders from the Middle East and join a working session with Ukrainian President Volodymyr Zelensky during next week's Group of Seven summit in France, senior US administration officials said on Saturday. Trump is scheduled to travel to Evian on Monda»»»
ARRW lands $4M investment from Tasheed Egypt to scale ride-hailing services Arab Finance For Information Technology
Arab Finance: Egyptian mobility startup ARRW has bagged a $4 million investment from Tasheed Egypt, providing new capital to support the company's operational and technology development plans. The investment will be directed toward expanding ARRW's driver network, upgrading its technology infrastru»»»
Startup Wrap: MENA startup funding rises 202% to $454.7m in May
RIYADH: Startups in the Middle East and North Africa raised $454.7 million across 33 deals in May, a 202 percent monthly increase and a 76 percent annual rise as funding activity showed signs of recovery. The increase was largely driven by debt financing, which accounted for 66 percent of total cap»»»
Cairo is longstanding strategic partner of Moscow: Russian Chargé d’Affaires in Egypt
Russian Chargé d’Affaires in Egypt Yuri Matveev said that his country has long regarded Egypt as a strategic partner, noting that the two nations share common positions on most regional and international issues. He highlighted cooperation in several major projects, including the construction of Egy»»»
FRA chairperson discusses insurance sector cooperation with Russian central bank deputy governor
Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), received a Russian delegation headed by Alexey Guznov, Deputy Governor of the Central Bank of Russia, in the presence of Ahmed Abdel Aziz, Deputy Chairperson of the FRA; Mahmoud Gabrial, Assistant Chairperson of the Authority; an»»»
Egypt upgrades 33 railway workshops, completes 8 new maintenance facilities under network modernization plan
Egypt has completed the modernization of 33 railway workshops nationwide and finalized the construction of eight new maintenance facilities out of a planned total of 11, as part of the government’s comprehensive strategy to modernize the national railway network and improve transportation services.»»»
Bielsa’s new-look Uruguay test Saudi dreams of another World Cup upset
MIAMI: Saudi Arabia will attempt to recreate their World Cup magic from 2022 when they face Marcelo Bielsa’s Uruguay in their Group H opener on Monday, but this time it is uncertainty rather than confidence driving the Gulf nation’s campaign. Saudi Arabia arrive under new coach Georgios Donis, who»»»
ADCB Egypt launches first investment fund in partnership with EFG Hermes
Abu Dhabi Commercial Bank (ADCB) Egypt has launched its first investment fund in the Egyptian market through a strategic partnership with EFG Hermes Asset Management, marking a significant step in the bank’s efforts to diversify its investment offerings and enhance wealth management solutions for c»»»
Daily News Egypt tracks key banking sector performance indicators in 2025
Daily News Egypt reviews the key performance indicators of banks operating in the Egyptian market in 2025, based on the latest report issued by the Central Bank of Egypt (CBE). Total Assets The CBE revealed that total assets of the Egyptian banking sector, excluding the Central Bank, stood at EGP 2»»»
Inflation in May 2026: A Reassuring Decline and a Cautionary Signal
The key message in May’s data is that headline inflation continued to fall, while core inflation raised a yellow card to markets. Egypt’s inflation data for May 2026 carried a blend of positive signals and cautionary messages at the same time. On the one hand, the annual headline urban inflation ra»»»
Trump to discuss Strait of Hormuz demining at G7, meet UAE, Qatar, Egypt leaders
Momentum for a deal to end the Iran war appeared to grow Saturday as key mediator Pakistan said an agreement was closer than “ever before,” while US President Donald Trump is expected to discuss demining the Strait of Hormuz at next week’s G7 summit. A senior US official, speaking on condition of a»»»
Egypt, Uzbekistan sign diplomatic MoUs during first Uzbek foreign minister visit to Cairo
Egypt and Uzbekistan signed two memorandums of understanding for diplomatic cooperation on Saturday during the first bilateral visit by an Uzbek foreign minister to Cairo, where talks focused on establishing a joint chamber of commerce and expanding Central Asian market access for Egyptian pharmace»»»
Revitalized energy in Belgium squad gets Witsel’s approval
SEATTLE: Belgium veteran Axel Witsel senses a renewed energy in his country’s World Cup squad, looking to put a disastrous tournament four years ago behind them and have an outside shot this time in Canada, Mexico and the United States. Few footballers at the World Cup have had as long an internat»»»
Eng. Karim Badawy, Minister of Petroleum and Mineral Resources to inaugurate Egypt Mining Forum (EMF)
Eng. Karim Badawy, Minister of Petroleum and Mineral Resources, will inaugurate tomorrow (Tuesday) the work of the Egypt Mining Forum (EMF) in its third edition, which will be held over two days in Cairo, with an expanded international presence of high-level officials, leaders of the mining industr»»»
Egypt’s 4th National Youth conference sends a message of peace and calls for a positive approach
Egypt’s 4th National Youth conference kicked off 24, 25 July in the coastal city of Alexandria at Alexandrina Bibliotheca. The conference was attended by President Abd el Fattah el Sisi in the attendance of 1300 Egyptian youth, beside representatives of business associations, young secretaries of p»»»
Qatar-backed football exhibition opens in Mexico City as part of Year of Culture initiative
DUBAI: A major football exhibition has opened in Mexico City, bringing together some of the most iconic objects in the history of the sport as part of the Qatar Canada and Mexico 2026 Year of Culture. “Objects of Glory: Iconic Moments in the History of Football” opened at Museo Jumex on June 10 and»»»
Modi to raise Hormuz issue at G7 after US strike kills 3 Indian seafarers
NEW DELHI: Prime Minister Narendra Modi departed for Europe on Saturday to participate in the Group of Seven Summit, where India is expected to call for unrestricted navigation through the Strait of Hormuz following US attacks on vessels carrying Indian seafarers. Modi will be visiting France and S»»»
Planning minister: Investing in human capital key to enhancing gov’t performance
Minister of Planning and Economic Development Ahmed Rostom said investing in human capital is a fundamental pillar for improving government performance and achieving sustainable development, emphasizing that knowledge-sharing and international cooperation play a vital role in transferring expertise»»»
Consumer Protection Agency & its monitoring role on markets
Consumer Protection Agency was established to effectively achieve social justice, ensure providing citizens with high quality services at proper prices and counter monopoly. By Alaa Abdelwanis In this regard, the agency’s CEO Ahmed Samir said there is no such thing as pricing in open markets, since»»»
24/04/2017 Tenders
Entertainment, Media, Sports and Leisure Client : Smouha Social Sporting Club Address : Victor Amanwel Street, Smouha, Alexandria Tender : The project of developing club-house building including following works: 1) Carpentry works Tender documents : EGP1,500 A bid bond of EGP25,000 to be submitted »»»
Food producers can face jail for violating decree to print clear price tags
Egypt’s Minister of Supply and Internal Trade Ali Moselhi issued a decree this week obliging all food producers to print a price label on all their products in clear Arabic font or face jail time, ministry spokesman Mamdouh Ramadan said. “We don’t want to scare the market. This is not an Egyptian i»»»
Fruits of President Sisi’s Asian tour
by Maye Kabil On a seven-day Asian tour, Egyptian President Abdel Fattah El-Sisi started Sunday a visit to Singapore, a first-of-its-kind visit that coincides with the south-east Asian country’s 50th anniversary of independence. El-Sisi’s visit to Singapore, which is the first by an Egyptian leader»»»
Illicit gold networks fuelling conflict, organised crime across Africa and global south, GI-TOC warns
Gold is increasingly being weaponised by states, criminal networks and sanctioned regimes as a strategic financial tool, while regulatory systems are failing to keep pace with rapidly evolving illicit supply chains, according to a new report from the Global Initiative Against Transnational Organize»»»
UAE desalination plants in Egypt’s Rafah continue supplying water to Khan Younis under ‘Operation Chivalrous Knight 3’
UAE desalination plants in Egypt’s Rafah continue to play a vital role in supporting the Palestinian people in the Gaza Strip under Operation Chivalrous Knight 3, by producing desalinated water and delivering it through the UAE water pipeline project to Khan Younis, helping provide one of the most »»»
Prime Minister receives phone call from Egyptian Foreign Minister
Doha, Qatar: Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani received a phone call from HE Dr. Badr Abdelatty, Minister of Foreign Affairs, Emigration, and Egyptian Expatriates of the Arab Republic of Egypt. During the call, they reviewed bilate»»»
Iranian-American fans face uneasy World Cup as war rages
LOS ANGELES: When Iran kick off their World Cup campaign next week in Los Angeles, Iranian-American businessman Ehsan Shafi will be in the stands cheering on Team Melli, a rare chance to welcome the national side he adores to his adopted home. Instead of a moment of pure sporting celebration, howev»»»
A new Medical joint venture between an Egyptian and a British company
A new medical joint venture between an Egyptian and a British company to launch a state-of the-art- facility to produce catheters is set to start at an investment of $4 million, the British embassy in Cairo announced on Thursday. The new facility, which involves the British company Kimal and the Eg»»»
Illicit gold networks fuelling conflict, organised crime across Africa and global south, GI-TOC warns
Gold is increasingly being weaponised by states, criminal networks and sanctioned regimes as a strategic financial tool, while regulatory systems are failing to keep pace with rapidly evolving illicit supply chains, according to a new report from the Global Initiative Against Transnational Organize»»»
Illicit gold networks fuelling conflict, organised crime across Africa and global south, GI-TOC warns
Gold is increasingly being weaponised by states, criminal networks and sanctioned regimes as a strategic financial tool, while regulatory systems are failing to keep pace with rapidly evolving illicit supply chains, according to a new report from the Global Initiative Against Transnational Organize»»»
Sukuk market liquidity shows signs of recovery amid ongoing conflict: Fitch Ratings
RIYADH: The liquidity levels of most Fitch-rated sukuk are improving, signaling a gradual stabilization in the Islamic bond market following disruptions caused by the Iran war, according to the credit rating agency. In its latest report, Fitch Ratings warned that sukuk liquidity has not recovered t»»»
Aspetar provides medical support to Arab national teams at FIFA World Cup 2026
Doha, Qatar: Aspetar Orthopaedic and Sports Medicine Hospital, a FIFA Medical Centre of Excellence, continues to play a central role in supporting Arab national teams competing at the FIFA World Cup 2026, taking place from June 11 to July 19 across the United States, Mexico and Canada. As part of i»»»
The World Cup may be played in North America, but Gulf businesses could still win
Dubai: The 2026 FIFA World Cup is set to give the Arab world its biggest stage yet, with a record eight teams from the region qualifying for the tournament across the US, Canada and Mexico. World Cup 2026 wall chart: Download it free with fixtures and full scheduleSaudi Arabia, Qatar, Jordan, Moroc»»»
Egypt urges US, Iran to seize ‘available opportunity’ for deal after Trump cancels strikes
CAIRO: Egypt urged the United States and Iran to seize what it called an “available opportunity” for a deal to end the war, after President Donald Trump withdrew his threat to carry out further strikes on Tehran. Cairo’s foreign ministry said in a statement late Thursday it hoped “the available opp»»»
Egypt steps up to confront Radicalism.
BY: Sherif Abdel Ghaffar “They don’t represent Islam!” It is not acceptable, anymore On July 26, 2017 Egypt’s President Abdel Fattah El Sisi decreed the formation of The Supreme Council for Combating Radicalism and Terrorism. An action that some might look at with skepticism while others might hold»»»
Qatar reaffirms readiness to advance lasting M-E peace with UN, partners
QNA New York The State of Qatar reaffirmed its readiness to work closely with the UN Security Council and all international partners to strengthen dialogue and mediation efforts aimed at achieving lasting peace in the Middle East, while continuing to expand its bilateral and international humanitar»»»
Largest ever natural gas field in Egypt
The Italian energy company Eni SpA announced Sunday 30th of August that it has discovered a “supergiant” natural gas field off Egypt, describing it as the “largest-ever” found in the Mediterranean Sea. The news came a day after Eni CEO Claudio Descalzi met in Cairo with Egyptian President Abdel-Fat»»»
Oman launches initiative at UN that aims to combat hate speech, genocide and its incitement
NEW YORK CITY: Oman brought its vision of civilizational coexistence to the UN headquarters in New York on Thursday with the formal launch of the Muscat Plan of Action, a global framework that places traditional and indigenous leaders at the center of efforts to counter hate speech and prevent atro»»»
Iran war poses Middle East’s biggest economic shock in five decades
RIYADH: The Iran war has delivered the broadest economic shock to the Middle East and North Africa in at least half a century of regional upheaval, according to an analysis produced by Asharq Business with Bloomberg. Its report, based on analyzing International Monetary Fund data dating back to 198»»»
Iran war poses Middle East’s biggest economic shock in five decades
RIYADH: The Iran war has delivered the broadest economic shock to the Middle East and North Africa in at least half a century of regional upheaval, according to an analysis produced by Asharq Business with Bloomberg. Its report, based on analyzing International Monetary Fund data dating back to 198»»»
Russian industrial zone to be built under usufruct right– SCZone
Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Ahmed Darwish said that a Russian industrial zone in Eastern Port Said will be built under a usufruct right for 50 years. “The Suez Canal Economic Zone has come a long way in the negotiations with the Russian developer, whi»»»