Iran's Revolutionary Guards insisted Sunday that they would not reopen the Strait of Hormuz until the United States complied with a list of demands, including paying compensation for war damage. Iran's effective blockade of the crucial energy conduit has rattled allies, roiled markets and driven up»»»

Cairo: During a phone conversation with US President Donald Trump's Board of Peace Director-General Nikolay Mladenov, Egypt's Foreign Minister Badr Abdelatty called for the implementation of all provisions of the Gaza roadmap, including a complete Israeli withdrawal from the Palestinian enclave and»»»

CAIRO: A rockfall at Egypt’s largest gold mine killed one worker and injured five others, officials said on Sunday, with operations in the affected area suspended pending an investigation. The accident occurred “inside a tunnel at an underground working section” of the Sukari gold mine in Egypt’s e»»»

Cairo: Egyptian Foreign Minister Badr Abdelatty and his Turkish counterpart, Hakan Fidan, held a telephone conversation Sunday to discuss regional developments. The conversation centered on the importance of ramping up efforts toward de-escalation and reaching enduring and comprehensive understandi»»»

Prime Minister Mostafa Madbouly attended the launch of construction works for the first phase of Qatari Diar’s Alam Al Roum project in Egypt’s North Coast, a major mixed-use development being implemented in partnership with the Egyptian government. The project will involve total planned investments»»»

Egypt affirmed to High Representative of the Peace Council Nikolay Mladenov the necessity of implementing all provisions of the Gaza plan, comprehensively including humanitarian aid and Israeli withdrawal, the Egyptian Foreign Ministry said on Sunday. During a telephone call, Egyptian Foreign Minis»»»

Prime Minister Mostafa Madbouly inaugurated the upgraded June 30 Corniche in Matrouh governorate on Sunday as part of an inspection tour that also included a visit to the “Treasures of Egypt in Matrouh” exhibition. During the inauguration, Matrouh Governor Mohamed El-Zamlout briefed Madbouly on the»»»

CAIRO: After their historic run that saw them to the semifinals, Egypt lost 23-19 to Denmark on Sunday in the third-place match at the Women’s U-18 Handball World Championship, held in Romania. Egypt had to be content with fourth place, but this still created history as they became the first Africa»»»

Sherif Fathy, Minister of Tourism and Antiquities, and Ahmed Rostom, Minister of Planning and Economic Development, held a coordination meeting to discuss strengthening cooperation between their ministries, with a focus on improving the measurement and presentation of the tourism sector’s contribut»»»

Egypt is exploring the establishment of a specialised investment fund for biotechnology and medical technologies as part of broader efforts to attract investment, support local innovation, and improve healthcare services, the Ministry of Health and Population said. Health Minister Khaled Abdel Ghaf»»»

The Egyptian Commercial Service (ECS) and the Egyptian Exchange (EGX) have discussed ways to strengthen the international promotion of Egypt’s capital market and attract greater foreign investment. The discussions took place during a meeting between Abdel Aziz El-Sherif, Head of the ECS, and Omar R»»»

The Financial Regulatory Authority (FRA) has issued the first regulatory framework governing the establishment and operation of hedge funds in Egypt, marking a significant step in expanding the country’s capital market and broadening investment opportunities. Under a decision issued by the FRA’s Bo»»»

Egypt has completed the final handover of a new sanitary landfill in the Mediterranean city of Dabaa as part of ongoing efforts to expand waste management infrastructure and reduce the environmental impact of municipal solid waste, the Ministry of Local Development and Environment said. The facilit»»»

Imarrae has commenced construction of the first phase of KIN, its flagship residential development in New Cairo, following the completion of the project’s master plan and the receipt of all required permits and regulatory approvals. The project is being developed with total investments exceeding EG»»»

Ahmed Rostom, Minister of Planning and Economic Development, chaired an expanded meeting to review preparations for Egypt’s hosting of the third edition of the Global Entrepreneurship Festival, which will take place in Cairo from 6 to 8 November. The meeting comes as the government, through the Min»»»

Qasatli Finance has signed a credit facility agreement with the National Bank of Egypt (NBE) as part of its strategy to expand financing activities and strengthen cooperation with banking institutions. The agreement is aimed at supporting Qasatli’s mortgage financing operations and expanding access»»»

Roshan Masr Developments has signed partnership agreements with Raef Fahmi Architects, KAD Commercial Property Management, and Axes Consulting Services as the company prepares to launch its first development in Egypt. The agreements cover architectural design, consulting, and property and facilitie»»»

The Embassy of Pakistan in Cairo commemorated Youm-e-Istehsal Kashmir on 5 August, reaffirming Pakistan’s solidarity with the people of Jammu and Kashmir and reiterating its longstanding position on the Jammu and Kashmir dispute. The event was attended by embassy officials, media representatives, a»»»

The Crisis Management Committee of the Egyptian Federation for Construction and Building Contractors (EFCBC) has proposed seven measures aimed at supporting the stability of Egypt’s real estate development and construction sectors amid the impact of successive global and regional crises since 2022.»»»

Trade between Romania and Egypt reached $452.97m between March and July 2026, marking an increase of nearly 21% compared with the same period of 2025, according to trade figures released by the Romanian Embassy in Cairo. The latest data point to a significant rise in Romanian exports to the Egyptia»»»

TEL AVIV, (Sputnik) - Israel rejects the 15-point plan for the Gaza Strip proposed by the Board of Peace and refuses to withdraw troops from the enclave until the Palestinian movement Hamas is fully disarmed, Prime Minister Benjamin Netanyahu said on Sunday. "Israel rejects the 15-point document. T»»»

Pakistan’s Deputy Prime Minister Ishaq Dar said Sunday that the Mecca Joint Defence Agreement with Saudi Arabia and Tukey is “purely defensive” and is not aimed at any particular country. The Mecca Joint Defence Agreement was signed by the leaders of Pakistan, Saudi Arabia and Turkey in Mecca on Fr»»»

Ankara: Turkey's foreign minister said Saturday he expected Egypt to join a joint defence agreement with regional partners designed to stabilise the region that is grappling with the Middle East war. Saudi Arabia, Turkey and Pakistan signed the agreement on Friday against the backdrop of war betwee»»»

On 30 July 2026, the declaration establishing the Multinational Maritime Defence Alliance was signed in Riyadh. The signatories were Saudi Arabia, Sudan, Egypt, Türkiye, Pakistan, Jordan, Qatar, Kuwait, Bahrain, Yemen, Bangladesh, Nigeria, Djibouti and Somalia. Representatives of 43 countries atten»»»

Egypt’s investment fund boom is a watershed moment for the country’s financial landscape. Regulatory reforms, digital onboarding, and product diversification are funneling household savings into non-banking instruments on an unprecedented scale. Retail participation has democratized access to inves»»»

Arab Finance: As governments across the Middle East and North Africa (MENA) accelerate economic diversification, entrepreneurship, impact investing, and cross-sector partnerships have become increasingly important drivers of sustainable growth. Egypt, in particular, has emerged as one of the region»»»

Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi met with ExxonMobil executives to discuss the initial steps for implementing a recently signed memorandum of understanding (MoU) with ExxonMobil and QatarEnergy, according to a statement. The MoU aims to maximize the use of Egyp»»»

Arab Finance: Egypt’s unemployment rate stood at 5.8% in the second quarter (Q2) of 2026, down 0.2 percentage points from the previous quarter, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS). The number of unemployed stood at 2.075 million during the quart»»»

RIYADH: On 30 July 2026, the declaration establishing the Multinational Maritime Defence Alliance was signed in Riyadh. The signatories were Saudi Arabia, Sudan, Egypt, Türkiye, Pakistan, Jordan, Qatar, Kuwait, Bahrain, Yemen, Bangladesh, Nigeria, Djibouti and Somalia. Representatives of 43 countri»»»

Egypt on Saturday strongly condemned the missile attack on an oil tanker operated by Abu Dhabi National Oil Company (ADNOC), describing the incident in the Strait of Hormuz as a serious threat to maritime security, regional stability, and global trade, as Iran and Oman continued negotiations over n»»»

An Egyptian archaeological mission has uncovered an ancient cemetery spanning the Predynastic Period to the Greco-Roman era, along with a settlement dating to the Second Intermediate Period, at the Kom Al-Khelgan archaeological site in Dakahleya governorate. The discovery, announced by the Ministry»»»

Planning and Economic Development Minister Ahmed Rostom met with Petroleum and Mineral Resources Minister Karim Badawi to discuss the future strategy for Egypt’s petroleum and energy sector as the government begins implementing its FY2026/27 economic and social development plan and intensifies effo»»»

Egypt has intensified efforts to remove illegal encroachments along the Nile as part of a national project aimed at protecting the river’s hydraulic capacity, strengthening state control over the waterway and its adjacent lands, and improving river management, the Ministry of Water Resources and Ir»»»

Egypt’s Ministry of Housing, Utilities and Urban Communities is continuing to offer a wide range of investment opportunities in new cities through the New Urban Communities Authority’s (NUCA) digital platforms for local and foreign investors, as part of efforts to attract private-sector investment »»»

Egypt is stepping up efforts to attract new Indian industrial investments and expand the presence of Indian companies in its manufacturing sector, with a focus on technology transfer, increasing local content, developing domestic supply chains, and positioning Egypt as a production and export hub f»»»

BEIRUT: The seventh round of Lebanese-Israeli talks in Rome concluded after three days without agreement on a new pilot zone, while discussions continued over a verification mechanism and other issues. Further rounds are expected as tensions persist on the ground in South Lebanon. Lebanese lawmaker»»»

Jaipur: Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, participated in the 2026 BRICS Trade Ministers Meeting (TMM), held at Maharani Mahal, Hotel Sawai Man Mahal, in Jaipur, India. Hosted by India under its BRICS Chairmanship, the meeting brought together trade ministers and senior offi»»»

Cairo: An Egyptian archaeological mission has uncovered a burial ground dating from the Predynastic Period to the Greco-Roman era, as well as a settlement from the Second Intermediate Period, the Ministry of Tourism and Antiquities said. The discoveries were made at the Kom El Khilgan archaeologica»»»

Egypt’s financial inclusion rate continued to rise, reaching 79% in June 2026, with 56.4 million citizens owning active accounts that enable them to perform financial transactions, out of a total of 71.4 million citizens aged 15 and above. The progress reflects the sustained efforts of the Central »»»

The Central Bank of Egypt (CBE) has instructed banks operating in the local market to complete the core data of all companies they deal with—whether borrowers or non-borrowers—using commercial registry information and incorporate it into their respective databases. In a circular addressed to banks,»»»

MIDBANK has launched the “MID Plus” savings certificate, offering individuals a secure investment option with a variable annual return of up to 19.65% paid monthly or up to 19.5% paid daily, with a guaranteed minimum return of 17%. The certificate has a three-year tenor. The launch comes as part of»»»

The Central Bank of Egypt (CBE) announced that domestic liquidity in Egypt’s banking sector stood at EGP 15.261trn in June 2026, down from EGP 15.330trn in May. Data released by the CBE showed that the money supply declined to EGP 4.492trn in June, compared with EGP 4.502trn a month earlier. Curren»»»

Nahla Khalifa woke on April 15, 2023, to the sound of artillery in Omdurman. She could not have known that the war that sent her and her five children scrambling under beds and tables would upend even the most basic aspects of their lives: food, water and medicine. At first, the family survived on »»»

Riyadh: A defence pact between Saudi Arabia, Turkey and Pakistan heralded a new security alliance seeking to deter a bellicose Iran, offset an unreliable US and send a message to Israel, analysts say. As the Middle East war drags on, this alliance binds three powerful Sunni countries that are strat»»»

With the conclusion of the Thanawya Amma examinations, students begin the next stage of their academic journey by choosing their higher education path. Whether they enroll in public, Al-Azhar, private, national, or international universities, academies, or other higher education institutions, these»»»

Investment and Foreign Trade Minister Mohamed Farid Saleh stressed ongoing development in Egyptian-Russian ties, aiming to deepen economic partnership, boost Egyptian exports to Russia, and enhance joint investments. This came during his meeting with Russian Deputy Minister of Economic Development »»»

RIYADH: Startups operating in the Middle East and North Africa region raised $172.6 million across 45 deals in July, a monthly increase of 16 percent. According to Wamda data, Saudi Arabia regained the top spot in July after ranking outside the lead for the entire first half of the year, with start»»»

RIYADH: Across the Middle East and North Africa, homegrown fintechs are addressing financial exclusion from two entirely different starting points, and two platforms illustrate that divide well: Valu in Egypt, and Arib in Saudi Arabia. Valu is an Egyptian buy now, pay later and consumer finance pla»»»

Arab Finance: Egypt’s state-owned Holding Company for Tourism and Hotels (HOTAC) and its subsidiaries are targeting consolidated revenues of EGP 9.4 billion and a net profit of EGP 5.5 billion during the current fiscal year (FY) 2026/2027, as per a statement. The targets form part of the estimated »»»

Saudi Crown Prince and Prime Minister Prince Mohammed bin Salman bin Abdulaziz, Turkish President Recep Tayyip Erdogan and Pakistani Prime Minister Mohammad Shehbaz Sharif signed the Mecca Joint Defence Agreement on Friday, pledging to strengthen collective security and deepen defence cooperation a»»»