Doha: More than 400 entrepreneurs, startup founders, investors, technology professionals and industry experts gathered in Doha for Tribe TechFest 2026, an initiative aimed at strengthening innovation, entrepreneurship and business collaboration between Qatar, the wider Gulf Cooperation Council (GCC»»»

Egypt’s Civil Aviation Ministry has held talks with Airbus Helicopters to explore opportunities to expand the company’s activities in the local market and broaden the use of helicopters across several sectors. Civil Aviation Minister Sameh El-Hefny met with Maxime Nicolas, Airbus Helicopters’ Area »»»

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, announced on Monday that it had invested $100m in the initial public offering (IPO) of Egypt’s Banque du Caire, securing an approximately 7% equity stake. The investment aims to strengthen the bank’s capaci»»»

Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) plans to establish an “Innovation Support Unit” and an integrated database as part of a strategic shift to help small businesses comply with mandatory green transition and sustainability requirements, the agency’s chief execut»»»

Ningbo: Mohamed Younes of Egypt secured the men's 85kg gold medal at the World Weightlifting Championships on Monday, edging out Colombia's Yeison Lopez in a contest marked by 11 shattered world records. Younes, 21, lifted 177kg in the snatch and 213kg in the clean and jerk for a winning total of 3»»»

BEIJING (Sputnik) - Zhai Jun, the Chinese government's special envoy for the Middle East, will visit Iran, Oman and Saudi Arabia in the first half of November to promote peace and security in the region, Chinese Foreign Ministry spokeswoman Mao Ning said on Monday. "Special Envoy of the Chinese Gov»»»

A family-friendly food fest and series of concerts are on the way November brings an exciting line-up of events and experiences to Abu Dhabi, spanning sport, music, art and culture. Highlights include the Public Art Abu Dhabi Biennial, the first-ever Frieze Abu Dhabi, and a series of major concerts»»»

Cairo: Egypt on Monday raised more than $650 million in its initial public offering of the state-owned Banque du Caire, marking one of the biggest asset sales in years as international lenders push a privatisation drive. The offering comes as Egypt advances reforms under an International Monetary F»»»

ABU DHABI (Sputnik) - A military conflict around Iran and the effective closure of the Strait of Hormuz have resulted in a reduction of global oil reserves by 1 billion barrels, Sultan Al Jaber, the UAE's industry and advanced technology minister and CEO of the Abu Dhabi National Oil Company (ADNOC»»»

Former National Bank of Egypt player Ibrahim Al Baghdadi killed in Ismailia altercation Dubai: Egyptian footballer Ibrahim Al Baghdadi, a former National Bank of Egypt player and member of ZED FC, was stabbed to death outside his home in Ismailia Governorate following an altercation reportedly spar»»»

RIYADH: Egypt has signed a $1 billion financing agreement with the World Bank, aimed at strengthening economic competitiveness, improving the business environment and supporting the country’s green transition. The agreement forms part of the North African country’s broader efforts to mobilize devel»»»

Arab Finance: Canal Shipping Agencies posted net profits after tax amounting to EGP 83.329 million in the first quarter (Q1) of fiscal year (FY) 2026/2027, 502% higher than EGP 13.840 million in the same period a year earlier, according to the financial results. Revenues jumped by 21% year-on-year »»»

Doha, Qatar: Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani and the Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates of the Arab Republic of Egypt HE Dr. Badr Abdelatty held a phone call. During the call, they dis»»»

Arab Finance: ADD Properties, a member of Sami Saad Holding, has signed a $265 million syndicated financing agreement to support a new Grand Hyatt hotel and reprofile its capital structure, as per a press release. The 400-key property will overlook the Grand Egyptian Museum (GEM) and the Pyramids o»»»

BEIJING: China will send Zhai Jun, a special envoy to the Middle East, to Iran, Oman and Saudi Arabia in early and mid-November, Chinese ‌foreign ministry ‌spokesperson Mao Ning ‌said on Monday. Separately, China’s special representative on African affairs Liu Xianfa will visit Ethiopia, Djibouti a»»»

Doha, Qatar: Hosts Qatar will face Portugal, Chile and Germany in Group C of the men’s competition at the FIP World Cup Qatar 2026, which gets under way today at the Khalifa International Tennis and Squash Complex in Doha. The group-stage draw, held yesterday, confirmed the path for all 32 national»»»

MOSCOW (Sputnik) - Iraq is discussing with Egypt and Jordan the possibilities of oil exports through their ports amid navigation problems in the Strait of Hormuz, the Iraqi Ministry of Oil said. On Sunday, the ministry held a video conference meeting between Iraqi, Jordanian and Egyptian specialist»»»

Riyadh: The Ministry of Foreign Affairs of Saudi Arabia expressed the Kingdom’s strongest condemnation and denunciation of the targeting of “Al Mayeda” liquefied natural gas (LNG) carrier, owned by Qatar Gas Transport Company (Nakilat), in the waters of the Arabian Gulf, reiterating its rejection o»»»

Dubai introduces new tourism initiatives as airlines prepare for winter travel demand UAE travel is heading into a busy November, with Dubai preparing for the winter tourism season and more international flights expected to return. New tourism initiatives, including a membership programme for repea»»»

Minister of Transport HE Sheikh Mohammed bin Abdulla bin Mohammed Al Thani met with Minister of Civil Aviation of Egypt Captain Dr. Sameh Ahmed Zaki El Hefny at the Ministry of Civil Aviation’s headquarters in Cairo on Sunday. The two ministers discussed bilateral cooperation ties in civil aviation»»»

CASABLANCA, Morocco: The UN’s long-running peacekeeping mission for the disputed Western Sahara ceased operations Sunday after 35 years, as a result of a US-Russia standoff at UN headquarters over the territory’s future. The end of the mission raises concerns about stability in the region. Rich in »»»

CASABLANCA, Morocco: The UN’s long-running peacekeeping mission for the disputed Western Sahara ceased operations Sunday after 35 years, as a result of a US-Russia standoff at UN headquarters over the territory’s future. The end of the mission raises concerns about stability in the region. Rich in »»»

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat reviewed research projects aimed at using locally available raw materials to produce phosphoric acid, upgrade phosphate ore and extract potassium, alongside the development of a new technology for seawater desalination. During a fie»»»

Egyptian President Abdel Fattah Al-Sisi on Sunday announced the launch of the sixth African Union commemoration of post-conflict reconstruction and development, which will be extended for the first time to a full month throughout November, while calling for increased financing for recovery programm»»»

Egypt has signed a $1bn financing agreement with the World Bank under the second phase of its Development Policy Financing (DPF) programme to support economic reforms, strengthen resilience to external shocks and advance the country’s green transition. Prime Minister Mostafa Madbouly witnessed the »»»

Egypt’s President Abdel Fattah Al-Sisi on Sunday reviewed plans to expand the country’s education system, including the establishment of 100 technical schools in cooperation with Italy, equipping 50 schools with German support and expanding the Japanese-style school network, alongside the developme»»»

Egypt plans to establish solar power plants with a combined capacity of 1,000 megawatts to supply around 7,000 factories under the “Shams El-Senaa” initiative, as the government seeks to expand renewable energy use and reduce electricity costs for industrial facilities. Prime Minister Mostafa Madbo»»»

The Official Egyptian Real Estate Platform aims to enable property developers, marketing companies and brokers to create professional, branded websites within five minutes, as part of a broader digital system designed to connect property listings, manage customer data and expand the international m»»»

Uptown 6 October for Development and Investment has signed a strategic memorandum of understanding (MoU) with UK-based Fashion House Group (FHG) to develop and operate Fashion House International Outlet Egypt at Grand Uptown Mall (GUM) in New October City, with planned investments exceeding EGP 6bn»»»

D Developments has officially launched operations in Egypt through an Egyptian-Saudi partnership, with plans to develop four projects in Obour City and an initial targeted investment portfolio of EGP 15bn. The company’s shareholder structure brings together expertise in real estate development and »»»

ADD Properties, a member of Sami Saad Holding, has secured a $265m syndicated financing facility from international, regional and Egyptian financial institutions to support its investment plans, including the development of a 400-room Grand Hyatt hotel overlooking the Grand Egyptian Museum and the »»»

Cairo: Minister of Transport HE Sheikh Mohammed bin Abdullah bin Mohammed Al-Thani met on Sunday with Minister of Civil Aviation of the Arab Republic of Egypt, HE Captain Dr. Sameh Ahmed El Hefny. During the meeting, held at the headquarters of the Ministry of Civil Aviation in Cairo, the two minis»»»

DOHA Chairperson of Qatar Museums HE Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani opened the exhibition Fables in Fashion 2026 at the National Museum of Qatar (NMoQ), in the presence of Minister of State and President of Qatar National Library HE Dr Hamad bin Abdulaziz Al Kuwari. Presented by»»»

The project will guarantee the country’s energy security and boost industrialization, Ghana’s Foreign Minister Sam Okudzeto Ablakwa wrote on X following the Third Russia-Africa Summit. In addition, Russia and Ghana agreed to:Sign a defense pact "to acquire strategic military assets" for the Ghana A»»»

JEDDAH: Egypt’s hospitality sector is set to receive a boost from a syndicated financing package of up to $265 million arranged by the European Bank for Reconstruction and Development for ADD Properties, a member of Sami Saad Holding. The financing will support the development of a new Grand Hyatt »»»

Egypt warns renewed US-Iran fighting could trigger a more destructive regional conflict Dubai: Arab governments have warned that renewed fighting between the United States and Iran could trigger a more destructive regional conflict, as Gulf states demanded a meaningful response from Tehran and Brit»»»

Arab Finance: Egypt-based automaker El Nasr Automotive Manufacturing Company has started producing China's Dongfeng MAGE EV model as Egypt’s first locally produced electric vehicle (EV), with local components reaching 45%, according to a joint statement from the Ministry of Industry and the Ministr»»»

Arab Finance: In an evolving macroeconomic landscape marked by shifting monetary policies, foreign exchange liquidity, and structural growth drivers, alternative investment and M&A advisory firms are uniquely positioned to capture emerging market dislocations. In an exclusive interview with Arab Fi»»»

The planned listing of insurance companies on the Egyptian Exchange (EGX) represents far more than a transfer of ownership stakes. It signals a broader effort to transform Egypt's insurance sector into a scalable investment story, deepen capital markets, and give private investors access to a finan»»»

Arab Finance: Misr Life Insurance Company and Al Ahly SC signed a four-season strategic partnership, covering joint marketing activities, collaboration with the Al Ahly Community Development Foundation, and sponsorship of the club’s TV channel, as per a press release. Under the agreement, the compa»»»

Iran welcomes US shift as mediators intensify efforts to avert renewed strikes Dubai: After a week dominated by warnings of imminent US-Israeli strikes on Iran, Tehran has signalled an unexpected shift in the diplomatic atmosphere, acknowledging a major change in Washington’s approach as intensive »»»

Egyptian Minister of Foreign Affairs and Expatriates Badr Abdelatty said on Saturday that Gulf security was an integral part of Egypt’s national security, calling for a regional early-warning and rapid-response system to prevent crises rather than simply manage them after they erupt. Abdelatty made»»»

Mohamed Farid, Minister of Investment and Foreign Trade, met with Abdelaziz Mohammed Hamad Al Mana, Chairperson of Qatar’s Al Mana Holding Group, in Doha on the sidelines of his participation in the World Investment Forum, organised by the United Nations Conference on Trade and Development (UNCTAD)»»»

Opella and the Egyptian Organization of Pharmacy, Development and Training (EOP) have launched an educational initiative to train pharmacists in managing air pollution-aggravated allergies, aiming to reach approximately 50,000 people in Egypt by the end of 2026. The organisations signed a memorandu»»»

Egypt’s exports of medicinal and aromatic plants and related products reached around $852m in 2025, Agriculture Minister Alaa Farouk said on Saturday, as the government seeks to expand local processing and increase value added across the sector. Farouk made the remarks at the opening of the fifth M»»»

Shell Lubricants Egypt (SLE) has agreed to supply specialised oils and fluids for BYD vehicles, including new energy vehicles (NEVs), in a partnership with MANDREAM, the sole authorised importer and distributor of the automaker in Egypt. The agreement expands Shell’s presence in the growing NEV mar»»»

Could Viktor Orbán become the next UN Secretary-General? What does Serbia’s dramatic election result mean for the region? And how will Hungary’s new housing and family-support measures affect everyday life? The latest edition of Hungary Weekly Briefing brings together the biggest political, economi»»»

The Central Bank of Egypt (CBE) said its decision to raise interest rates by one percentage point was a pre-emptive measure aimed at sustaining the downward trajectory of inflation and ensuring that it reaches the target of 7% (±2 percentage points), on average, in the fourth quarter of 2027. The C»»»

The Korea International Cooperation Agency (KOICA) and Beni Suef Technological University (BTU) have jointly hosted the second Technological Education Conference, reaffirming their commitment to advancing technological education and strengthening Egypt-Korea cooperation. Held as part of KOICA’s sup»»»

The Financial Inclusion Committee of the Federation of Egyptian Banks (FEB) has discussed ways to strengthen financial inclusion and expand access to financial and banking services, with the participation of representatives from the Central Bank of Egypt (CBE), the FEB, several banks, and companies»»»