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»»»

ISLAMABAD: As Prime Minister Shehbaz Sharif arrived in Jeddah on Thursday, leading a high-powered delegation comprising federal ministers and Chief of Defense Forces Field Marshal Syed Asim Munir, foreign affairs and defense experts said that the visit is expected to enhance defense and security co»»»

Arab Finance: The New Urban Communities Authority (NUCA) and the Future of Egypt Authority for Sustainable Development signed a cooperation protocol to develop land owned by both entities and pursue joint urban and investment projects, as per a statement. The protocol seeks to increase the economic»»»

Arab Finance: Egypt is advancing a development strategy through 2030 aimed at transforming the Northwest Coast into a year-round destination for tourism, investment, residential, and industrial activities, while extending urban development into the area’s desert hinterland, as per a statement. Prim»»»

The Muslim World League (MWL) strongly condemned the continued Israeli violations in the Gaza Strip, including the ongoing targeting of civilians, vital facilities, and civilian infrastructure, the Saudi Press Agency reported on Thursday. In a statement, MWL Secretary-General and Chairman of the Or»»»

Dubai: Emaar Properties recorded Dh26.6 billion in property sales during the first half of 2026, while its revenue backlog climbed to Dh164.9 billion, giving the Dubai developer a substantial pipeline of sales to recognise in future periods. Sign up for our daily business newsletter, Cheques & Bala»»»

Dubai: Dana Gas reported a 47% increase in first-half net profit to Dh393 million, or $107 million, helped by higher hydrocarbon prices, increased production in Egypt and a one-off gas metering reconciliation recognised during the first quarter. Sign up for our daily business newsletter, Cheques & »»»

For years, the EU’s political establishment treated nuclear energy as something between an embarrassment and a moral transgression. The consequences were predictable – and increasingly impossible to conceal. The green dogma has come dueGermany provides the clearest case study. In 2011, nuclear powe»»»

Air travel between the European Union and the United Arab Emirates remains uncertain amid the tensions in the Persian Gulf, Bulgaria’s Foreign Ministry warned on Thursday. The Ministry said European airlines are currently waiting for the security risk in the region to ease before resuming regular f»»»

TRABZON, Turkiye: ‌Mohamed Salah has signed a two-year deal with Trabzonspor, under which the Egypt forward will receive 17 million euros ($19.6 million) a season, the Turkish club said on Thursday. The announcement came as Trabzon’s fans prepared to head for the club’s stadium in the eastern Black»»»

What happened in the North African Spanish enclave of Ceuta last week was tragic for everyone involved. So let’s make it a regular thing, the EU apparently decided – at least judging by its actions. I’m not saying that anybody overtly wants migrants from all over Africa to routinely storm the borde»»»

Istanbul: Former Liverpool star Mohamed Salah on Thursday signed a two-year contract with Turkish club Trabzonspor after leaving the Premier League giants at the end of his contract. The 34-year-old Egyptian international reached "a two-year agreement" with the club on the Black Sea coast who will »»»

CAIRO: Egyptian Prime Minister HE Dr Mostafa Madbouly met with the CEO of Qatari Diar, Sheikh Hamad bin Talal Al Thani, to discuss the latest developments in the Alam Al Roum development project on Egypt’s north coast. The Prime Minister emphasized the importance of the Alam Al Roum project, descri»»»

The Central Bank of Egypt (CBE) announced that its net international foreign exchange reserves rose to $56.30 billion at the end of July. This increase reflects the ongoing improvement in the country’s foreign liquidity position and strengthens the Egyptian economy’s ability to fulfill its internat»»»

Air travel between the European Union and the United Arab Emirates remains uncertain amid the tensions in the Persian Gulf, Bulgaria’s Foreign Ministry warned on Thursday. The Ministry said European airlines are currently waiting for the security risk in the region to ease before resuming regular f»»»

DUBAI: Saudi Arabia and seven other Arab and Muslim countries on Thursday condemned what they described as ongoing Israeli violations in the Gaza Strip, including attacks on healthcare facilities, civilian infrastructure and the continued loss of civilian lives. In a joint statement, the foreign mi»»»

Dubai: The Philippines and the Gulf Cooperation Council (GCC) are strengthening cooperation on the medical screening of overseas Filipino workers (OFWs), with plans to expand the number of accredited health facilities conducting mandatory pre-departure medical examinations for workers bound for Gul»»»

Dubai: The Foreign ministers of the UAE, Qatar, Jordan, Indonesia, Pakistan, Turkey, Saudi Arabia and Egypt have strongly condemned the ongoing Israeli violations in the Gaza Strip, including attacks on healthcare facilities, civilian infrastructure and civilians, saying the actions breach internat»»»

DOHA: The Ministers of Foreign Affairs 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 Türkiye, the Kingdom of Saudi Arabia, and the Arab Republic of Egypt expressed their strongest condem»»»

Doha, Qatar: The Ministers of Foreign Affairs 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 express their strongest c»»»

Cairo, Egypt: Egyptian Prime Minister HE Mostafa Madbouly met with the CEO of Qatari Diar, Sheikh Hamad bin Talal Al-Thani, to discuss the latest developments in the Alam Al Roum development project on Egypt’s north coast. The Prime Minister emphasized the importance of the Alam Al Roum project, de»»»

RIYADH: Saudi food and retail group Savola reported a 36 percent increase in 2026 first-half net profit, driven by stronger operational performance in its food processing business and resilient retail performance despite a competitive market environment. Net profit rose to SR401 million ($106.9 mil»»»

RIYADH: S&P Global Ratings has cut its 2026 forecast for Middle East sustainable bond issuance to $15 billion-$20 billion, citing geopolitical volatility and weaker market conditions. The ratings agency had previously projected issuance of $20 billion-$25 billion for the year. First-half 2026 issua»»»

Doha, Qatar: The Qatar national junior chess team delivered an impressive performance at the Arab Junior and Youth Chess Championship in Egypt, winning one gold, one silver and one bronze medal as the tournament concluded yesterday The championship, organised by the Egyptian Chess Federation under »»»

On 29 July, a drone struck a floating American storage and regasification unit at Damietta Port on Egypt’s Mediterranean coast, setting it ablaze. The fire spread to a Greek-owned LNG tanker anchored nearby. The port is central to Cairo’s plan to turn Egypt into an energy hub for the Eastern Medite»»»

Arab Finance: Modon Misr and Mwasalat Misr signed an investment and shareholders’ agreement to establish Mwasalat Modon Misr, a company to operate smart and sustainable transportation systems across Egypt’s new urban cities, as per a statement. Modon Misr is affiliated with the New Urban Communitie»»»

The left-wing Democratic upstart set to contest a critical US Senate seat in November's mid-term elections is a charismatic 41-year-old who once said he would have been a cab driver in Egypt but for an "accident of history." Abdul El-Sayed on Wednesday sealed the Democratic Party's nomination to ru»»»

Egypt and Greece on Wednesday called for a peaceful settlement and a comprehensive agreement between the United States and Iran, saying such a deal is essential to reduce tensions and prevent the regional conflict from widening as negotiations continue over the reopening of the Strait of Hormuz. Th»»»

Arab and Islamic foreign ministers agreed on Wednesday to launch a joint operational mechanism to document Israeli violations in Jerusalem, warning that escalations at holy sites could provoke a religious conflict with global repercussions. Meeting in Amman at the invitation of Jordan, the Arab Min»»»