Abu Dhabi reinforces supply chain resilience and business continuity at Traders–Decision Makers Forum
Government officials reaffirmed, during the Traders–Decision Makers Forum recently organized by the Abu Dhabi Chamber of Commerce and Industry, the emirate’s ongoing efforts to support business continuity, strengthen supply chains and the flow of goods, and reinforce Abu Dhabi’s ability to navigate»»»
Iran, US Receive Pakistan-Brokered Plan for Immediate Ceasefire: Reuters
Iran and the United States have received a plan to end hostilities that could come into effect on Monday and reopen the Strait of Hormuz, Reuters quoted a source aware of the proposals as saying on Monday. A framework to end hostilities has been put together by Pakistan and exchanged with Iran an»»»
Bulgaria Hit by Fuel Shock as Diesel Prices Surge 37% Since Iran War Began
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country. According to National Revenue Agency data, diesel has increased by around 3 euro cents in a single day and by roughly 0.45 euro cent»»»
Airstrikes on Iran Kill More Than 25 as Trump's Deadline to Open Strait of Hormuz Looms
Israel and the United States carried a wave of attacks Monday that killed more than 25 people in Iran. Tehran responded with missile fire on Israel and its Gulf Arab neighbors as US President Donald Trump’s deadline for Tehran to reopen the Strait of Hormuz loomed. Explosions rang out into the nigh»»»
Chinese-Pakistani Initiative Seeks to Contain Regional Tension
A Chinese diplomat has disclosed that his country is engaged in diplomatic mediation efforts to contain the US-Israeli-Iranian war, in cooperation with Pakistan, through a five-point initiative. Chang Hua, the Chinese Ambassador to Saudi Arabia, stressed the need for the international community to »»»
Arab Bridge Maritime posts 'record' net profits at $32m in 2025
According to a Transport Ministry statement Sunday, Qatamin made the remarks during the company’s 87th General Assembly meeting, attended by transport ministers from Jordan, Egypt and Iraq, the Jordan News Agency, Petra, reported.He stressed the importance of investment projects, particularly at Po»»»
Egypt’s gold prices jump nearly 5% in single week on global rally, FX volatility
Gold prices in Egypt posted a sharp increase over the past week, supported by rising global prices and continued fluctuations in the exchange rate of the U.S. dollar against the Egyptian pound. The price of 21-karat gold, the most actively traded in the local market, rose by 4.74% to EGP 7,175 per »»»
Egypt moves to close Obour landfill, convert site into green park
Egypt’s Ministry of Local Development and Environment said on Sunday it has begun implementing a plan to close and rehabilitate the Obour landfill east of Cairo, with part of the site set to be transformed into a green park following persistent complaints from residents over pollution. The ministry»»»
Egypt receives 510,000 tonnes of food imports in one week, Russia leads suppliers
Egypt’s National Food Safety Authority (NFSA) has reported a steady inflow of food imports during the final week of March and early April, alongside intensified monitoring measures to ensure product safety and protect consumer health. According to the NFSA’s General Directorate of Exports and Impor»»»
Cairo adopts dynamic Nile water management to meet rising demand
Egypt’s Minister of Water Resources and Irrigation Hani Sewilam said on Sunday that the country is managing its Nile water resources through a dynamic system based on real-time monitoring and hydrological forecasting to address rising demand during peak periods. In a statement, the ministry said Se»»»
Egypt, Jordan step up cooperation to support SMEs, boost trade
Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) has held a series of meetings with the Jordan Enterprise Development Corporation (JEDCO), bringing together officials from both sides alongside representatives of key ministries and entities, including the General Authority for »»»
Trump threatens Iranian infrastructure as Egypt intensifies de-escalation push
U.S. President Donald Trump escalated his rhetoric against Iran on Sunday, warning that power plants and bridges could be targeted if Tehran continues to keep the Strait of Hormuz closed, as concerns mounted over a wider regional spillover and Egypt stepped up diplomatic efforts to contain the cris»»»
Madbouly reviews strategic commodity stocks, wheat supply, and fiscal planning
Prime Minister Mostafa Madbouly held a series of high-level meetings on Sunday to assess Egypt’s preparedness on strategic commodities, the current local wheat supply season, and financial planning for the upcoming fiscal year. The discussions covered the availability of essential goods in domestic»»»
Moroccan Prime Minister arrives in Cairo for first session of joint coordination committee
Egypt and Morocco on Sunday launched the first session of a joint coordination and follow-up committee, a move officials said establishes a new stage of bilateral relations aimed at achieving full economic integration. Moroccan Prime Minister Aziz Akhannouch arrived at Cairo International Airport o»»»
Egypt FM says attracting foreign direct investment is top government priority
Egypt’s Foreign Minister Badr Abdelatty said on Sunday that attracting foreign direct investment constitutes a top priority for the Egyptian government, as the country seeks to deepen its economic partnership with the United States. During a meeting with a delegation from the American Chamber of Co»»»
Egypt steps up efforts to build business trust through tax reforms: Finance Minister
Minister of Finance Ahmed Kouchouk said the government is intensifying efforts to build trust with the business community through tangible facilitation measures, as part of a broader push to modernise Egypt’s tax system and expand the tax base. He noted that meaningful progress is being made in tra»»»
Egypt’s banking sector NFA falls to $27.4bn in February: CBE
The Central Bank of Egypt (CBE) said net foreign assets (NFA) of the banking sector declined by around 7.1% in February 2026 to $27.39bn, down from $29.51bn in January, reflecting pressures linked to commercial banks financing a partial exit of foreign investors from local debt instruments amid the»»»
Syria: Two arrested over attack on UAE embassy
Security units affiliated with the Syrian Ministry of Interior have arrested two suspects, identified as “M.S.” and “Sh.A.”, whose involvement in the attack on the UAE Embassy premises has been confirmed. In a statement posted on its official Facebook page, the ministry said it had immediately init»»»
Egypt targets 5 million tonnes of local wheat as strategic reserves reach six-month level
Egypt is targeting the procurement of 5 million tonnes of domestic wheat during the current harvest season as part of a broader strategy to strengthen food security, Supply and Internal Trade Minister Sherif Farouk said on Sunday. The minister stated that strategic reserves of basic commodities, in»»»
Abu Dhabi to train 20,000 frontline personnel
The Government of Abu Dhabi has announced the launch of a strategic plan to train 20,000 frontline personnel, including both healthcare and non-healthcare workers across healthcare facilities, emergency medical services, security entities, and other critical sectors involved in responding to major »»»
Geopolitical tensions reshape Egypt’s real estate market, driving prices and shifting investment trends
Egypt’s real estate market is undergoing rapid transformation amid ongoing geopolitical tensions and economic volatility, with rising construction costs, currency pressures, and energy concerns reshaping both pricing strategies and investment behaviour across the sector. Despite the relatively shor»»»
MIDAR to seal €500m-600m healthcare investment with Gruppo GKSD by year-end
MIDAR for Investment and Urban Development, master developer of integrated mega cities in New Cairo, has signed a memorandum of understanding with Gruppo GKSD Italy to establish a landmark medical, educational, and research complex within its Mada project in East Cairo. The project is expected to a»»»
PRE Group to partner with eight global hotel brands, adding 10,000 hospitality units across Egypt
PRE Group announced that it is preparing to sign partnership agreements with eight international hotel brands in the coming weeks, a move that will significantly expand its hospitality portfolio across Egypt. The agreements will cover the development and operation of eight hotels, adding a total of»»»
Hamas, Mediators in Renewed Push to Break Gaza Ceasefire Deadlock
A renewed push is underway to revive Gaza ceasefire talks, with mediators stepping in after meetings in Cairo to revive the process as the impasse has deepened since the outbreak of the Iran war. Talks due to resume in Cairo in the coming days aim to break the deadlock and advance unresolved issues»»»
Egypt Says It Held Calls with US Witkoff, Regional Counterparts
Egypt's Foreign Minister Badr Abdelatty held separate calls to discuss proposals for regional de-escalation with US Envoy Steve Witkoff and regional counterparts including Iranian Foreign Minister Abbas Araqchi, the ministry said in a statement on Sunday. Egypt, Türkiye and Pakistan have »»»
Awqaf Ministry issues second book in ‘Bringing Sharia Sciences Closer’ series
DOHA: The Ministry of Awqaf and Islamic Affairs has announced the release of the second book in its series “Bringing Sharia Sciences Closer”, aimed at making classical Islamic texts more accessible and understandable to contemporary readers. The latest publication, “Tahdhib Kitab al-Tawhid” by the »»»
War Weighs on Egypt’s Private Sector as PMI Hits Near Two-Year Low in March
Egypt's non-oil private sector deteriorated at its sharpest pace in almost two years in March, as the Middle East war drove up costs and dampened client demand, a closely watched business survey showed on Sunday. The headline S&P Global Egypt Purchasing Managers' Index fell for a fourth consecutiv»»»
Trump: Rescued US crew member ‘safe and sound’, calls mission daring
A US service member who had been missing since Iran shot down a fighter jet has been rescued, US President Donald Trump said in a social media post early Sunday. A large-scale US search-and-rescue operation was launched after the crash of an F-15E Strike Eagle on Friday. Iranian authorities had rep»»»
US Service Member Missing After Iran Shot Down Fighter Jet Has Been Rescued
A US service member who has been missing since Iran shot down a fighter jet has been rescued, President Donald Trump wrote in a social media post early Sunday. The crew member has been missing since Friday, when Iran downed a US F-15E Strike Eagle. A second crew member was rescued earlier. Trump wr»»»
Erdogan Says Middle East War Has Caused ‘Geostrategic Impasse’
Türkiye's President Recep Tayyip Erdogan said the war in the Middle East had led to a "geostrategic impasse", during a telephone conversation with NATO chief Mark Rutte, his office said Saturday. "President Erdogan said the process started by the intervention against Iran had led to a geostrategic »»»
The North Sinai Chamber of Commerce: Markets stable despite grave events
by Ahmed El-Mahdi: The North Sinai Chamber of Commerce says markets are stable despite the recent grave events in the governorate and the continued clashes between army and police forces and terrorist organisations in the area. Sinai residents are used to such incidents, and are therefore accustome»»»
Mediators reportedly working on 'middle ground solution' between US, Iran
Mediators from Pakistan, Turkey and Egypt are still working on a ceasefire plan between the U.S. and Iran, the Israeli Public Broadcasting Corporation reported on Saturday. Sources meanwhile told Israel's Channel 12 that "regional forces are working to reach a middle ground solution that would narr»»»
Egyptian teen sensation Goda shines at 2026 ITTF World Cup
Macao: Though she walked from the arena back to her hotel wiping away tears, leaving without a word in the mixed zone after her loss on Saturday, 18-year-old Egyptian sensation Hana Goda has emphatically proven her strength at the 2026 ITTF World Cup, etching her name into history. In the women's s»»»
Sisi hopes Trump will save Egypt from Iran war fallout
Egyptian President Abdel Fattah el-Sisi had good reason to issue his latest appeal to US President Donald Trump to end the US-Israeli war against Iran. Nevertheless, his doing so raised eyebrows. El-Sisi banked on Trump last year as Israel finally brought its ferocious war on Gaza to an end after t»»»
Middle East war: Global economic fallout
Here are the latest economic events in the Middle East war: - More ships pass Hormuz - A French-owned and a Japanese-owned vessel are among a handful of ships to have transited the war-torn Strait of Hormuz, maritime tracking data showed Friday. The passage, a vital route for oil and liquified natu»»»
From Asia to the Americas: Governments Race to Contain Energy Shock
Governments worldwide are moving swiftly to contain the fallout from a sharp rise in energy costs, as global supply disruptions linked to the US-Israeli war on Iran rattle markets. Surging fuel and electricity prices have prompted urgent steps to protect consumers and secure supplies, with mounting»»»
Putin strengthens food supply ties with Egypt, proposes grain and energy hub
Russian President Vladimir Putin has instructed his government to work on securing food supplies to Egypt, particularly grain shipments, as part of efforts to strengthen strategic ties between the two countries, a Kremlin statement said. »»»
Putin strengthens food supply ties with Egypt, proposes grain and energy hub
Russian President Vladimir Putin has instructed his government to work on securing food supplies to Egypt, particularly grain shipments, as part of efforts to strengthen strategic ties between the two countries, a Kremlin statement said. »»»
Putin strengthens food supply ties with Egypt, proposes grain and energy hub
Russian President Vladimir Putin has instructed his government to work on securing food supplies to Egypt, particularly grain shipments, as part of efforts to strengthen strategic ties between the two countries, a Kremlin statement said. »»»
Egypt to set up first commodities exchange in 2016
Egypt will set up the Middle East’s first commodities exchange this year as Amman-based Sigma Investments has completed the feasability study at a cost of LE1.3 million, announced Supplies and Internal Trade minister, Khaled Hanafy, on Monday. The plan is to trade eight commodities through 2 millio»»»
Iranian media says US jet shot down, bounty offered for pilot
Tehran: Iran deployed troops and offered a bounty as it launched a hunt for a US pilot whose jet Iranian media said had been downed by the Islamic republic's air defence systems Friday. US Central Command (CENTCOM), responsible for military operations in the Middle East, did not immediately respond»»»
Egypt’s gold markets surge amid US-Iran war fluctuations
Gold bullion Gold prices in Egypt saw a rise on Friday, increasing by an average of LE 15 across various karats. The benchmark 21-karat gold reached LE 7,150. As of the time of this report, gold prices in Egypt are as follows: 24-Karat Gold: LE 8,171 21-Karat Gold: LE 7,150 18-Karat Gold: LE 6,128 »»»
Egypt signs lifeline million-barrel Libyan oil deal to defy Hormuz blockade
AI-Generated image/ Egypt signs lifeline million-barrel Libyan oil deal to defy Hormuz blockade Egypt is planning to import at least one million barrels of Libyan crude oil per month, Bloomberg reported. This strategic shift is designed to compensate for the total suspension of Kuwaiti oil supplies»»»
Central Bank of Egypt maintains current interest rates
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided in its meeting on Thursday, to keep the key interest rates unchanged. Consequently, the overnight deposit rate, overnight lending rate, and the rate of the main operation remain fixed at 19.00 percent, 20.00 percent, and»»»
Putin strengthens food supply ties with Egypt, proposes grain and energy hub
Russian President Vladimir Putin has instructed his government to work on securing food supplies to Egypt, particularly grain shipments, as part of efforts to strengthen strategic ties between the two countries, a Kremlin statement said. »»»
Putin strengthens food supply ties with Egypt, proposes grain and energy hub
Russian President Vladimir Putin has instructed his government to work on securing food supplies to Egypt, particularly grain shipments, as part of efforts to strengthen strategic ties between the two countries, a Kremlin statement said. »»»
Russia, Egypt Discuss Means to Secure Energy, Food Supplies
Egypt stressed on Thursday its keenness on developing its bilateral ties and strategic partnership with Russia, along with coordinating over regional and international affairs, most notably the impact of the war on Iran. Russian President Vladimir Putin received in Moscow on Thursday Egyptian Forei»»»
A long Iran war will lead to severe shortages, says Oxford Economics
A sustained escalation of the US/Israel–Iran conflict could push global oil markets beyond a price shock into severe physical shortages, with rationing, supply chain disruption and recessionary pressures becoming increasingly likely, according to a note from Oxford Economics. »»»
A long Iran war will lead to severe shortages, says Oxford Economics
A sustained escalation of the US/Israel–Iran conflict could push global oil markets beyond a price shock into severe physical shortages, with rationing, supply chain disruption and recessionary pressures becoming increasingly likely, according to a note from Oxford Economics. »»»
A long Iran war will lead to severe shortages, says Oxford Economics
A sustained escalation of the US/Israel–Iran conflict could push global oil markets beyond a price shock into severe physical shortages, with rationing, supply chain disruption and recessionary pressures becoming increasingly likely, according to a note from Oxford Economics. »»»