Arab Finance: Egyptian mobility startup ARRW has bagged a $4 million investment from Tasheed Egypt, providing new capital to support the company's operational and technology development plans. The investment will be directed toward expanding ARRW's driver network, upgrading its technology infrastru»»»

RIYADH: Startups in the Middle East and North Africa raised $454.7 million across 33 deals in May, a 202 percent monthly increase and a 76 percent annual rise as funding activity showed signs of recovery. The increase was largely driven by debt financing, which accounted for 66 percent of total cap»»»

Russian Chargé d’Affaires in Egypt Yuri Matveev said that his country has long regarded Egypt as a strategic partner, noting that the two nations share common positions on most regional and international issues. He highlighted cooperation in several major projects, including the construction of Egy»»»

Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), received a Russian delegation headed by Alexey Guznov, Deputy Governor of the Central Bank of Russia, in the presence of Ahmed Abdel Aziz, Deputy Chairperson of the FRA; Mahmoud Gabrial, Assistant Chairperson of the Authority; an»»»

Egypt has completed the modernization of 33 railway workshops nationwide and finalized the construction of eight new maintenance facilities out of a planned total of 11, as part of the government’s comprehensive strategy to modernize the national railway network and improve transportation services.»»»

MIAMI: Saudi Arabia will attempt to ‌recreate their World Cup magic from 2022 when they face Marcelo Bielsa’s Uruguay in their Group H opener on Monday, but this time it is uncertainty rather than confidence driving the Gulf nation’s campaign. Saudi Arabia arrive under new coach Georgios Donis, who»»»

Abu Dhabi Commercial Bank (ADCB) Egypt has launched its first investment fund in the Egyptian market through a strategic partnership with EFG Hermes Asset Management, marking a significant step in the bank’s efforts to diversify its investment offerings and enhance wealth management solutions for c»»»

Daily News Egypt reviews the key performance indicators of banks operating in the Egyptian market in 2025, based on the latest report issued by the Central Bank of Egypt (CBE). Total Assets The CBE revealed that total assets of the Egyptian banking sector, excluding the Central Bank, stood at EGP 2»»»

The key message in May’s data is that headline inflation continued to fall, while core inflation raised a yellow card to markets. Egypt’s inflation data for May 2026 carried a blend of positive signals and cautionary messages at the same time. On the one hand, the annual headline urban inflation ra»»»

Momentum for a deal to end the Iran war appeared to grow Saturday as key mediator Pakistan said an agreement was closer than “ever before,” while US President Donald Trump is expected to discuss demining the Strait of Hormuz at next week’s G7 summit. A senior US official, speaking on condition of a»»»

Egypt and Uzbekistan signed two memorandums of understanding for diplomatic cooperation on Saturday during the first bilateral visit by an Uzbek foreign minister to Cairo, where talks focused on establishing a joint chamber of commerce and expanding Central Asian market access for Egyptian pharmace»»»

SEATTLE: Belgium veteran Axel Witsel senses ‌a renewed energy in his country’s World Cup squad, looking to put a disastrous tournament four years ago behind them and have an outside shot this time in Canada, Mexico and the United States. Few footballers at the World Cup have had as long an internat»»»

Eng. Karim Badawy, Minister of Petroleum and Mineral Resources, will inaugurate tomorrow (Tuesday) the work of the Egypt Mining Forum (EMF) in its third edition, which will be held over two days in Cairo, with an expanded international presence of high-level officials, leaders of the mining industr»»»

Egypt’s 4th National Youth conference kicked off 24, 25 July in the coastal city of Alexandria at Alexandrina Bibliotheca. The conference was attended by President Abd el Fattah el Sisi in the attendance of 1300 Egyptian youth, beside representatives of business associations, young secretaries of p»»»

DUBAI: A major football exhibition has opened in Mexico City, bringing together some of the most iconic objects in the history of the sport as part of the Qatar Canada and Mexico 2026 Year of Culture. “Objects of Glory: Iconic Moments in the History of Football” opened at Museo Jumex on June 10 and»»»

NEW DELHI: Prime Minister Narendra Modi departed for Europe on Saturday to participate in the Group of Seven Summit, where India is expected to call for unrestricted navigation through the Strait of Hormuz following US attacks on vessels carrying Indian seafarers. Modi will be visiting France and S»»»

Minister of Planning and Economic Development Ahmed Rostom said investing in human capital is a fundamental pillar for improving government performance and achieving sustainable development, emphasizing that knowledge-sharing and international cooperation play a vital role in transferring expertise»»»

Consumer Protection Agency was established to effectively achieve social justice, ensure providing citizens with high quality services at proper prices and counter monopoly. By Alaa Abdelwanis In this regard, the agency’s CEO Ahmed Samir said there is no such thing as pricing in open markets, since»»»

Entertainment, Media, Sports and Leisure Client : Smouha Social Sporting Club Address : Victor Amanwel Street, Smouha, Alexandria Tender : The project of developing club-house building including following works: 1) Carpentry works Tender documents : EGP1,500 A bid bond of EGP25,000 to be submitted »»»

Egypt’s Minister of Supply and Internal Trade Ali Moselhi issued a decree this week obliging all food producers to print a price label on all their products in clear Arabic font or face jail time, ministry spokesman Mamdouh Ramadan said. “We don’t want to scare the market. This is not an Egyptian i»»»

by Maye Kabil On a seven-day Asian tour, Egyptian President Abdel Fattah El-Sisi started Sunday a visit to Singapore, a first-of-its-kind visit that coincides with the south-east Asian country’s 50th anniversary of independence. El-Sisi’s visit to Singapore, which is the first by an Egyptian leader»»»

Gold is increasingly being weaponised by states, criminal networks and sanctioned regimes as a strategic financial tool, while regulatory systems are failing to keep pace with rapidly evolving illicit supply chains, according to a new report from the Global Initiative Against Transnational Organize»»»

UAE desalination plants in Egypt’s Rafah continue to play a vital role in supporting the Palestinian people in the Gaza Strip under Operation Chivalrous Knight 3, by producing desalinated water and delivering it through the UAE water pipeline project to Khan Younis, helping provide one of the most »»»

Doha, Qatar: Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani received a phone call from HE Dr. Badr Abdelatty, Minister of Foreign Affairs, Emigration, and Egyptian Expatriates of the Arab Republic of Egypt. During the call, they reviewed bilate»»»

LOS ANGELES: When Iran kick off their World Cup campaign next week in Los Angeles, Iranian-American businessman Ehsan Shafi will be in the stands cheering on Team Melli, a rare chance to welcome the national side he adores to his adopted home. Instead of a moment of pure sporting celebration, howev»»»

A new medical joint venture between an Egyptian and a British company to launch a state-of the-art- facility to produce catheters is set to start at an investment of $4 million, the British embassy in Cairo announced on Thursday. The new facility, which involves the British company Kimal and the Eg»»»

Gold is increasingly being weaponised by states, criminal networks and sanctioned regimes as a strategic financial tool, while regulatory systems are failing to keep pace with rapidly evolving illicit supply chains, according to a new report from the Global Initiative Against Transnational Organize»»»

Gold is increasingly being weaponised by states, criminal networks and sanctioned regimes as a strategic financial tool, while regulatory systems are failing to keep pace with rapidly evolving illicit supply chains, according to a new report from the Global Initiative Against Transnational Organize»»»

RIYADH: The liquidity levels of most Fitch-rated sukuk are improving, signaling a gradual stabilization in the Islamic bond market following disruptions caused by the Iran war, according to the credit rating agency. In its latest report, Fitch Ratings warned that sukuk liquidity has not recovered t»»»

Doha, Qatar: Aspetar Orthopaedic and Sports Medicine Hospital, a FIFA Medical Centre of Excellence, continues to play a central role in supporting Arab national teams competing at the FIFA World Cup 2026, taking place from June 11 to July 19 across the United States, Mexico and Canada. As part of i»»»

Dubai: The 2026 FIFA World Cup is set to give the Arab world its biggest stage yet, with a record eight teams from the region qualifying for the tournament across the US, Canada and Mexico. World Cup 2026 wall chart: Download it free with fixtures and full scheduleSaudi Arabia, Qatar, Jordan, Moroc»»»

CAIRO: Egypt urged the United States and Iran to seize what it called an “available opportunity” for a deal to end the war, after President Donald Trump withdrew his threat to carry out further strikes on Tehran. Cairo’s foreign ministry said in a statement late Thursday it hoped “the available opp»»»

BY: Sherif Abdel Ghaffar “They don’t represent Islam!” It is not acceptable, anymore On July 26, 2017 Egypt’s President Abdel Fattah El Sisi decreed the formation of The Supreme Council for Combating Radicalism and Terrorism. An action that some might look at with skepticism while others might hold»»»

QNA New York The State of Qatar reaffirmed its readiness to work closely with the UN Security Council and all international partners to strengthen dialogue and mediation efforts aimed at achieving lasting peace in the Middle East, while continuing to expand its bilateral and international humanitar»»»

The Italian energy company Eni SpA announced Sunday 30th of August that it has discovered a “supergiant” natural gas field off Egypt, describing it as the “largest-ever” found in the Mediterranean Sea. The news came a day after Eni CEO Claudio Descalzi met in Cairo with Egyptian President Abdel-Fat»»»

NEW YORK CITY: Oman brought its vision of civilizational coexistence to the UN headquarters in New York on Thursday with the formal launch of the Muscat Plan of Action, a global framework that places traditional and indigenous leaders at the center of efforts to counter hate speech and prevent atro»»»

RIYADH: The Iran war has delivered the broadest economic shock to the Middle East and North Africa in at least half a century of regional upheaval, according to an analysis produced by Asharq Business with Bloomberg. Its report, based on analyzing International Monetary Fund data dating back to 198»»»

RIYADH: The Iran war has delivered the broadest economic shock to the Middle East and North Africa in at least half a century of regional upheaval, according to an analysis produced by Asharq Business with Bloomberg. Its report, based on analyzing International Monetary Fund data dating back to 198»»»

Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Ahmed Darwish said that a Russian industrial zone in Eastern Port Said will be built under a usufruct right for 50 years. “The Suez Canal Economic Zone has come a long way in the negotiations with the Russian developer, whi»»»

US President Donald Trump withdrew his threat to launch a more devastating wave of bombings against Iran on Thursday and promised instead that he would soon be able to announce the signing of a deal with Tehran to end the war. As the World Cup opening ceremony got underway in Mexico, Trump posted n»»»

President Donald Trump on Thursday announced that he had cancelled planned airstrikes on Iran after the regime, along with other regional stakeholders, had reached a peace deal -- an agreement that Iran later denied it has reached. Photo by Samuel Corum/UPI | License Photo June 11 (UPI) -- Presiden»»»

U.S. President Donald Trump announced that he canceled planned strikes against Iran on Thursday and claimed Iran's leadership "approved" a draft agreement that would extend the ceasefire, reopen the Strait of Hormuz and launch 60 days of negotiations on Iran's nuclear program. Trump has claimed an »»»

Washington US President Donald Trump reverses course and calls off major US strikes on Iran that he had announced just hours before for Thursday evening. Writing on his Truth Social platform, Trump said since discussions with Iran "have been brought to the highest level of Iranian leadership and ap»»»

WASHINGTON: US President Donald Trump said he hascanceled planned strikes ​against Iran on Thursday, hours after threatening more bombings and a desire to “take” oil export hub Kharg Island. “Based on the fact that ‌discussions with ‌the Islamic Republic ​of ‌Iran ⁠have ​been brought ⁠to the highes»»»

PARIS: Leading European nations and their G7 allies will seek to narrow differences with Donald Trump at a summit from Monday chaired by French President Emmanuel Macron but expected to be dominated by the US leader’s presence. Leaders will be looking to put the fizz back into relations with the Un»»»

Aspetar Orthopaedic and Sports Medicine Hospital, a FIFA Medical Centre of Excellence, continues to play a central role in supporting Arab national teams competing at the FIFA World Cup 2026, taking place from 11th June to 19th July across the United States, Mexico and Canada. As part of its ongoin»»»

Some countries in the Middle East are advancing proposals to forge a regional alliance involving Jordan, Egypt, Saudi Arabia, and Qatar, aimed at preventing further regional turmoil, Jordan's former Minister of Social Development and political science professor Amin Al-Mashaqba tells Sputnik. The g»»»

Egypt signed an agreement on Thursday with Taqa Arabia to transfer ownership of a stake in 172 state-owned Wataniya fuel stations through a newly established company, Quick Fuel, according to a ⁠cabinet statement. Under the ⁠agreement, Taqa Arabia will acquire a 10% stake in Quick Fuel and will als»»»

The global economy is entering an extremely sensitive phase in 2026 amid escalating geopolitical tensions in the Middle East, which have cast a heavy shadow over the fragile global recovery and reshaped the global credit and financial landscape. At the heart of these turbulent developments, Gulf Co»»»

CAIRO — Egypt’s economic outlook received a vote of confidence from Standard Chartered, which expects the Egyptian pound to strengthen to around EGP49 per US dollar by the end of 2026, supported by ongoing economic reforms, resilient capital inflows and easing external pressures. The forecast, high»»»