Egypt and Germany have announced plans to significantly increase their bilateral trade to €9 billion by the end of 2024. This ambitious target, revealed during an economic summit in Düsseldorf, represents a substantial €2 billion increase from the current trade level of €7 billion. The summit saw E»»»

Dubai: Abu Dhabi may be the only viable location in the UAE for the proposed $5 billion Moon resort, according to its founders, who say the development requires 556 acres and cannot move forward without direct government support. Sign up for our daily business newsletter, Cheques & Balances.Michael»»»

Agriculture, Food & Beverages Client : Tanta University Universal Cities Department Address : Al Mathaf with ElGish Street, Tanta, Egypt Tender : General tender for 2016/2017 for supply of foods for universal cities restaurants Tender documents : EGP800 A bid bond of EGP620,000 to be submitted – A »»»

DUBAI: The US military said it has launched another round of strikes against Iran “to degrade their ability to attack commercial ships freely transiting the Strait of Hormuz.” The latest salvo began at 2100 GMT on Sunday, US Central Command (CENTCOM) said on X, adding that President Donald Trump “h»»»

Business News announced the results of its seventh edition of the Bank Performance Indicators in Egypt in 2017. The Commercial International Bank (CIB) received the Bank of the Year award, following a year of strong and balanced performance. The unfavorable economic conditions did not prevent the b»»»

by Ahmed El-Mahdi The director of the Egyptian Industrial Zone in Ethiopia, Alaa al-Saqti, has called for a detailed plan to be drawn up of the industrial city so as to make best use of the available area. He added that he would send a memo to this effect to Prime Minister Ibrahim Mahlab within the»»»

China has further consolidated its position at the pinnacle of global banking, with seven Chinese lenders occupying the world’s top 10 positions by Tier 1 capital, including the world’s four largest banks, according to The Banker’s Top 1000 World Banks 2026. Compiled annually by The Banker, a Finan»»»

Egypt has reviewed the implementation of water cooperation projects with several Nile Basin countries and reaffirmed its commitment to supporting regional development through a $100m financing mechanism for priority projects, the Ministry of Water Resources and Irrigation said. According to a minis»»»

CAIRO: Archaeologists uncovered a 3,000-year-old tomb near the southern Egyptian city of Luxor, authorities said on Sunday, the latest in a series of discoveries that officials hope will boost tourism. The tomb, identified as belonging to a man named Paser, was found by a Dutch archaeological missi»»»

DOHA: The Arab and Islamic worlds received the news of the passing of the State of Qatar's great statesman, HH the Father Amir Sheikh Hamad bin Khalifa Al Thani, with profound sadness. Widely recognized for his dedication to Arab and Islamic causes, HH the late Father Amir devoted his time, effort,»»»

In an assertive maneuver that underscores the shifting dynamics of the global oil market, Saudi Arabia’s state-owned oil giant, Aramco, has announced a significant increase in oil prices for March deliveries. This decision comes at a time when the world’s energy landscape is undergoing rapid change»»»

LONDON: UAE President Sheikh Mohamed bin Zayed Al-Nahyan arrived in the Egyptian city of El Alamein on Sunday to discuss latest regional developments with President Abdel Fattah El-Sisi. The two leaders discussed ongoing efforts to address developments in the Middle East and affirmed the importance»»»

RIYADH: For a moment, it felt real. Egypt had been in control against defending champions Argentina for nearly 80 minutes, inching closer to uncharted territory: the final eight of the FIFA World Cup. In hindsight, Egyptian fans’ refusal to accept that their nation could see this through proved wel»»»

El Alamein: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Abdel Fattah Al Sisi, President of the Arab Republic of Egypt, discussed the fraternal ties between the two countries and ways to further strengthen cooperation across all sectors in support of their mutual interests and »»»

El Alamein: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Abdel Fattah Al Sisi, President of the Arab Republic of Egypt, discussed the fraternal ties between the two countries and ways to further strengthen cooperation across all sectors in support of their mutual interests and »»»

Egypt's Giza Plateau- Pyramids Orascom Pyramids Entertainment, owned by billionaire Naguib Sawiris, is increasing its investment in ancient Egyptian archaeological sites by a third, betting on sporting events and pop concerts by stars like Shakira to help propel tourism to new heights. The new inve»»»

Muscat, Oman: The Omani government condemned on Sunday an attack on its territory, state media announced, with Iran's Guards saying they targeted it during a barrage aimed at countries across the Gulf. The Oman News Agency said on X that "the Sultanate of Oman affirms its condemnation and denunciat»»»

Doha, Qatar: Tributes and condolences poured in from world leaders following the passing of Father Amir HH Sheikh Hamad bin Khalifa Al Thani. The Amiri Diwan announced the death of HH the Father Amir on Sunday morning July 12, 2026, at the age of 74. The Prime Minister of the Islamic Republic of Pa»»»

Doha, Qatar: Belgium’s finest era ends without the World Cup glory it once promised. For more than a decade, Belgium’s golden generation captivated world football with a squad overflowing with talent. They climbed to the top of the FIFA World Ranking, produced some of the game’s finest players and »»»

Arab Finance: As Egypt navigates structural shifts across its agricultural supply chains, the local milling sector is under intense pressure to modernize, optimize capacity, and ensure food security for a growing population of over 112 million. Caught between global market volatility, a rapid 76% s»»»

Egypt’s startup ecosystem is entering a new phase of transformation with the launch of the Startup Egypt Platform, a national initiative designed to lower entry barriers and accelerate entrepreneurial growth. By combining government support with private-sector expertise, the platform offers a unifi»»»

Arab Finance: Egypt’s agricultural exports have surpassed 5.8 million tons so far this year amid rising global demand, Minister of Agriculture and Land Reclamation Alaa Farouk announced. This reflects the country's success in developing the agricultural sector and enhancing its competitiveness on t»»»

Every summer since 2009, residents of a Palestinian village in the Israeli-occupied West Bank have gathered for a kite festival. The event is held on land that they say has been partly lost since a settlement was established in 1983. The festival, while primarily for children, carries a "polit»»»

“Welcome to Egypt, the cradle of civilization and welcome to New Suez Canal , a crucial artery of global trade,”. That was the opening speech addressed by Vice Admiral Mohab Mamish, of the Suez Canal Authority (SCA) and the man in charge of the project, noting that the key development to Egypt prog»»»

Saudi Arabia has launched a new Package Visa initiative, announcing the first six countries eligible for the scheme that allows travellers to obtain a tourist visa through a single integrated travel package. The programme aims to simplify the visitor journey by combining flights, accommodation and »»»

Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi visited the drilling operations site of the “Velox-1X” exploration well onboard the drillship Stena Ice MAX, according to a statement. The well is being executed by Shell in the North Cleopatra concession within the Herodotus Ba»»»

In a way, politics will always be part of football. The game’s importance to fans makes it inevitable. This is why prime ministers and presidents like to declare themselves fans of one team or another, even if sometimes they forget which club they support between interviews. Cue a gentle cough in t»»»

Argentina sink 10-man Swiss to set up blockbuster World Cup semifinal with England KANSAS CITY: Julian Alvarez scored a breathtaking goal as Argentina battled past 10-man Switzerland 3-1 after extra-time on Saturday, setting up a mouthwatering World Cup semifinal against bitter rivals England. Fans»»»

DUBAI: Iran launched missile and drone attacks against Bahrain, Qatar and the United Arab Emirates on Sunday, widening its military campaign across the Gulf only hours after the United States carried out a third round of airstrikes against Iranian targets in retaliation for attacks on commercial sh»»»

Pfizer has officially announced the appointment of Amr Seif as the Regional Director for Egypt, Levant, and Iraq, effective September 15. In this pivotal role, Amr will helm the company’s operations across the region and champion various initiatives that bring cutting-edge scientific innovations in»»»

Khaled Al Hameidi DoHA As the fragile calm between the United States and Iran faces mounting pressure following renewed military exchanges and increasingly confrontational political rhetoric, Qatar has intensified diplomatic efforts to prevent the remaining channels of communication from closing. W»»»

RIYADH: Investment momentum in the Middle East and North Africa region continued its steady trend in June, with 41 startups collectively raising $148.2 million, representing an annual rise of 190 percent. According to Wamda data, startup investments over the month declined by 76 percent compared to»»»

LONDON: The main focus of the two-day NATO summit in Ankara this week was, overwhelmingly, the alliance’s renewed pledge of “unwavering support for Ukraine in defending its freedom, sovereignty, and territorial integrity,” backed by additional military equipment and training. There was also a renew»»»

ATLANTA: Belgium coach Rudi Garcia came under a barrage of fire for replacing first-choice goalkeeper Thibaut Courtois in Friday’s World Cup quarter-final loss to Spain, adding to questions about his future. Courtois felt he could continue despite a twinge in his leg, but Garcia insisted he come of»»»

Egypt has completed around 25% of four local economic development projects in Fayoum, Beni Suef, Luxor and Aswan under a European Union-funded technical assistance programme implemented in cooperation with the United Nations Development Programme (UNDP), Minister of Local Development Manal Awad sai»»»

Egypt completely rejects any measures that would compromise Somali territorial integrity, including any recognition of the so-called “Somaliland”, Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty said on Saturday. During a phone call with Somalia’s Mini»»»

Egypt’s Minister of Industry, Khaled Hashem, began a field tour of El Mahalla El Kubra—one of the country’s largest industrial hubs—with a visit to the Misr Spinning and Weaving Company complex, reaffirming the government’s commitment to modernising the textile sector, strengthening domestic manufa»»»

Egypt is exploring technical cooperation with China Southern Power Grid (CSGI) to upgrade its national electricity grid and integrate 45 per cent renewable and clean energy into its energy mix over the next two years, the Ministry of Electricity and Renewable Energy said. Minister of Electricity an»»»

Al Alamein International Airport recorded a 57% year-on-year increase in passenger traffic as Egypt accelerates preparations to host the second edition of the Egypt International Air Show (EIAS 2026) this September, according to the Cabinet’s Information and Decision Support Center (IDSC). The gove»»»

Fourteen countries accounted for 68.8% of Egypt’s total foreign trade during the first half (July–December) of fiscal year 2025/26, with combined trade reaching $50.616bn, according to a report published by the Central Bank of Egypt (CBE). The total comprised imports worth $36.147bn and exports amo»»»

BURIN, Palestinian Territories: As brightly colored kites climb above Burin, a Palestinian village in the Israeli-occupied West Bank, children race across a sun-baked hillside, watching their creations soar into the sky. Behind them, the red-roofed houses of Har Bracha, an Israeli settlement, overl»»»

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) explained the rationale behind its decision to leave key policy interest rates unchanged for the third consecutive meeting, saying the move reflects its assessment of recent inflation developments and the outlook since its previ»»»

Egypt and Türkiye have called for intensified joint efforts to restore the negotiation track between the United States and Iran to reach a final diplomatic agreement and prevent the risk of regional military escalation. The stance was agreed during a phone call on Saturday between Egyptian Minister»»»

Saib Bank has signed a medium-term financing agreement worth EGP 300m with Erada Finance to expand funding for micro, small and medium enterprises (MSMEs), reinforcing its efforts to increase financial inclusion and support private sector growth. Afdal Naguib, CEO and Managing Director of saib Bank»»»

A consortium of four of Egypt’s leading banks has arranged a EGP 4bn syndicated loan for Ora Developers Egypt to finance the remaining construction works at the ZED El Sheikh Zayed development, increasing the total financing provided for the project to EGP 9bn. The banking consortium comprises Banq»»»

JOHANNESBURG: When four-time World Cup winners Italy failed to qualify for the 2026 tournament, then head coach Gennaro Gattuso lamented that Africa had so many places at the global showcase. “Africa deserves fewer World Cup slots,” he said, referring to the number of automatic qualifying places al»»»

Cairo: Egyptian Foreign Minister Badr Abdelatty and his Turkish counterpart, Hakan Fidan, emphasized, during a phone call Saturday, the importance of de-escalating tensions and containing unrest in the region. They also stressed the need to intensify joint efforts between their two countries to res»»»

RIYADH: Saudi Arabia and Pakistan on Saturday urged the US and Iran to resume peace talks after clashes between the two sides. The call came during a phone conversation between the Kingdom’s Foreign Minister Prince Faisal bin Farhan and his counterpart in Pakistan Ishaq Dar. The ministers discussed»»»

Cairo, July 11 (SANA) Egyptian Foreign Minister Badr Abdelatty and Turkish Foreign Minister Hakan Fidan held a telephone conversation on Saturday, emphasizing the importance of supporting efforts to achieve security and stability in Syria while preserving the country’s unity, sovereignty and instit»»»

Burin, Palestinian Territories: As brightly coloured kites climb above Burin, a Palestinian village in the Israeli-occupied West Bank, children race across a sun-baked hillside, watching their creations soar into the sky. Behind them, the red-roofed houses of Har Bracha, an Israeli settlement, over»»»