Egypt, Libya chambers seal deal to launch annual industrial fair in April 2027
The Libyan flag, Libya December 6, 2016. REUTERS/Hani Amara The Federation of Egyptian Industries (FEI) and the General Libyan Union of Chambers of Commerce, Industry and Agriculture (GLUCC) have signed a cooperation protocol to organize an annual Egyptian-Libyan industrial integration exhibition i»»»
Sukuk liquidity nears pre-war levels as recovery remains uneven: Fitch
RIYADH: Liquidity among most Fitch-rated sukuk is edging closer to pre-war levels despite ongoing geopolitical tensions in the Middle East, although the recovery remains uneven, an analysis showed. As of Aug. 4, just over 75 percent of Fitch-rated sukuk had a liquidity score above 50, up from 64 pe»»»
AD Ports expands UAE trade routes to keep goods moving during Hormuz disruption
Dubai: AD Ports Group expanded alternative sea, road, rail, and air cargo routes across the UAE during the second quarter of 2026 to keep goods moving amid disruptions around the Strait of Hormuz, including critical shipments such as food and pharmaceuticals. Sign up for our daily business newslett»»»
Hamas official to Asharq: Senior delegation to visit Cairo to meet Egyptian intelligence chief
CAIRO: A Hamas official told Asharq that a senior delegation from the movement will arrive in Egypt from Istanbul within hours, where it will meet Egyptian General Intelligence chief Hassan Rashad to push for the implementation of the roadmap for Gaza. The official said the delegation will discuss »»»
12 killed as bus overturns in Hungary
A Polish-registered bus overturned on a Hungarian highway early Sunday killing 12 people and leaving at least 10 with serious injuries, Prime Minister Peter Magyar and the police said. The Polish coach crashed at 1am (2300 GMT Saturday) on the M3 highway near Mezokeresztes, east of Budapest, accord»»»
QFA urges AFC for transparency in positions, statements issued on behalf of MAs
Doha, Qatar: The Qatar Football Association (QFA) has called upon the Asian Football Confederation (AFC) to consistently apply the principles of transparency and consultation in a manner that preserves its credibility and strengthens trust among its Member Associations (MAs). QFA also emphasised th»»»
Erdogan says Egypt could join Turkiye-Saudi-Pakistan defence pact
DOHA: Turkish President Recep Tayyip Erdogan has said Egypt could become the next country to join a newly established mutual defence pact between Turkiye, Saudi Arabia and Pakistan. In an interview with Al Jazeera, Erdogan described Cairo’s possible accession as one of several options being conside»»»
Vantage: Bridging Data, Innovation, and Investment in Egypt’s Real Estate Market Arab Finance For Information Technology
Arab Finance: Egypt's real estate market has remained resilient despite a challenging macroeconomic environment, with inflation, currency movements, and rising construction costs continuing to reshape property prices and buyer behavior. Official and industry data point to sustained price pressures:»»»
Beyond Tax Breaks: Can Egypt’s New Package Unlock the EGX’s Potential? Arab Finance For Information Technology
Egypt has unveiled its second tax facilitation package, a cornerstone in its broader reform agenda aimed at easing operational burdens while invigorating capital market activity. Building on the first package’s SME-focused measures, the new framework introduces incentives designed to attract influe»»»
MRMIA, Wadico, Elsewedy Capital move to accelerate Ain Sokhna phosphate fertilizer plant Arab Finance For Information Technology
Arab Finance: Egypt is moving to accelerate the implementation of the integrated phosphate fertilizer plant in Ain Sokhna, being developed by a partnership between the Mineral Resources and Mining Industries Authority (MRMIA), the New Valley Company for Mineral Resources and Oil Clay (Wadico), and »»»
MSMEDA, KfW sign €30M agreement to finance micro-enterprises Arab Finance For Information Technology
Arab Finance: The Micro, Small and Medium Enterprise Development Agency (MSMEDA) inked a €30 million financing agreement with KfW Development Bank to support micro-enterprises across Egypt, with a focus on productive businesses, women-owned enterprises, and projects operating in underserved areas, »»»
Hamas chief heads to Cairo for talks ahead of Kushner visit
JERUSALEM: Hamas political chief Khalil al-Hayya was set to travel to Cairo on Saturday evening for talks with Egyptian officials, a Hamas source told AFP, ahead of a visit by US President Donald Trump's envoy Jared Kushner to the region. Hayya, who will be visiting Egypt for the first time since a»»»
Salah’s Trabzonspor debut ends in draw after Kasimpasa fight back
ISTANBUL: Mohamed Salah made his competitive debut for Trabzonspor on Saturday, coming off the bench in their Turkish Super Lig opener as Kasimpasa rallied from a goal down to secure a 1-1 draw. Trabzonspor took the lead in the first half through Noah Saviolo before Kasimpasa’s Adrian Benedyczak»»»
Lekhwiya delegation takes part in Egypt's search and rescue team classification ceremony
DOHA: A delegation from the Internal Security Force (Lekhwiya) participated in a ceremony held to announce that the Search and Rescue Team of the General Directorate of Civil Protection at the Ministry of Interior of the Arab Republic of Egypt had obtained international classification at the 'Mediu»»»
Lekhwiya delegation participates in Egypt's Civil Protection Search and Rescue Team international classification ceremony
Doha, Qatar: A delegation from the Internal Security Force (Lekhwiya), headed by Assistant Commander for Administration and Supply, Staff Brigadier Mubarak Sherida Al Kaabi participated in the ceremony announcing that the Search and Rescue Team affiliated with the General Directorate of Civil Prote»»»
QFA urges AFC for transparency in positions, statements issued on behalf of member national associations
Doha: The Qatar Football Association (QFA) has called upon the Asian Football Confederation (AFC) to consistently apply the principles of transparency and consultation in a manner that preserves its credibility and strengthens trust among its members. QFA also emphasized the importance of adhering »»»
Star Cameroon goalkeeper Bihina faces Malawi’s prolific Chawinga sisters in WAFCON final
JOHANNESBURG: Prolific sisters Tabitha and Temwa Chawinga have been instrumental in transforming Malawi from no-hopers to giant killers to finalists at the 2026 Women’s Africa Cup of Nations in Morocco. The Malawian Scorchers scored 12 goals en route to the title decider against Cameroon on Sunday »»»
QFA urges AFC for transparency in positions, statements issued on behalf of member national associations
DOHA: The Qatar Football Association (QFA) has called upon the Asian Football Confederation (AFC) to consistently apply the principles of transparency and consultation in a manner that preserves its credibility and strengthens trust among its members. QFA also emphasized the importance of adhering »»»
Hungry man dies by suicide outside upscale restaurant after being denied food
Tunisia: A man in his 50s has died by suicide outside a restaurant in the affluent coastal district of La Marsa after reportedly asking for food and being turned away, in an incident that has sparked widespread anger across Tunisia. According to accounts of the incident, the man approached the rest»»»
UAE expresses solidarity with Indonesia after deadly 7.7 magnitude earthquake
The United Arab Emirates has expressed its solidarity with the Republic of Indonesia over an earthquake that struck the country, which resulted in a number of deaths and injuries, in addition to substantial damage to property. Get updated faster and for FREE: Download the Gulf News app now - simply»»»
Telecom Egypt’s consolidated profits leap 46.7% YoY in H1 2026 Arab Finance For Information Technology
Arab Finance: The consolidated net profits attributable to the shareholders of Telecom Egypt rose by 46.68% to EGP 15.266 billion in the first half (H1) of 2026 from EGP 10.407 billion in H1 2025, according to the financial results. The company generated operating revenues valued at EGP 59.215 bill»»»
Startup Wrap: Fresh capital flows into MENA gaming, fintech and AI startups
RIYADH: The latest wave of startup activity across the Middle East and North Africa spanned new funding rounds, regulatory approvals and product launches in construction technology, gaming, financial services, insurance, education and digital healthcare. Companies are directing fresh capital toward»»»
UAE’s ADNOC vessel attacked again in Strait of Hormuz: All you need to know so far
A second vessel operated by Abu Dhabi National Oil Company (ADNOC) came under attack in the Strait of Hormuz on Friday evening, August 14, just a day after two ADNOC-affiliated ships were struck in the same waterway. The back-to-back incidents highlight the escalating risks facing commercial shippi»»»
UAE residents' update: US-Iran conflict, Hormuz tensions, ADNOC attack and flight cancellations
The US-Iran conflict remains centred on the Strait of Hormuz, with tensions rising after President Donald Trump said he could declare the strategic waterway US territory. Iran has rejected the claim and said the strait will remain under its authority. For UAE residents, the developments continue to»»»
Can Jared Kushner revive Trump’s stalled Gaza peace plan?
LONDON: It is almost 11 months since US President Donald Trump, standing alongside Israeli Prime Minister Benjamin Netanyahu at the White House on Sept. 29, 2025, unveiled his 20-point peace plan for Gaza. It was, said the president, a “big day, a beautiful day, potentially one of the greatest days»»»
ADNOC confirms vessel attack in Strait of Hormuz, situation under control
ADNOC confirmed that one of its vessels came under attack while transiting the Strait of Hormuz on Friday evening, August 14. No injuries were reported, and the situation was brought under control. The company said it remains committed to protecting the safety and wellbeing of seafarers, while supp»»»
Egypt discusses defence cooperation, regional security with Pakistan after talks with Saudi Arabia, Turkiye
CAIRO: Egypt and Pakistan discussed regional security arrangements and expanding defence cooperation on Friday, as Cairo steps up consultations with key regional powers amid efforts to de-escalate tensions and reshape security coordination in the region. On a phone call, Egyptian Foreign Minister B»»»
Zelensky spoke with Egypt’s al El-Sisi about food security threat from Russian strikes
KYIV: Ukrainian President Volodymyr Zelensky said on Friday he had discussed with his Egyptian counterpart Abdel Fattah El-Sisi the threat to food supplies caused by Russian strikes on cargo vessels in the Black Sea. “Ukraine is one of the largest food suppliers to Egypt and to a significant »»»
Jared Kushner to visit Israel to bridge gaps on Gaza plan
Jerusalem: US President Donald Trump's envoy and son-in-law Jared Kushner will visit Israel next week in hopes of bridging gaps on a Gaza plan rejected by Prime Minister Benjamin Netanyahu, officials said Friday. Kushner and Nickolay Mladenov, the high representative for Gaza of Trump's so-called B»»»
US deportees face escalating police violence, intimidation in Eq.Guinea
ABUJA: The masked police officers burst into Ahmed Soliman’s hotel room in Equatorial Guinea and dragged him and two dozen other US deportees outside, guns drawn, to deliver a message: go home. “I have police officers yanking on my neck, trying to throw me on the ground, I have officers elbowing me»»»
Kerala bets on Arab tourists to drive tourism growth
Kochi: The Kerala government led by Chief Minister Satheesan is mounting an ambitious drive to attract more tourists from the Arab world, targeting nearly three lakh additional visitors and hoping to generate more than Rs 25,000 crore in economic activity from the segment over the next five years. »»»
Arab nations condemn latest Iranian attack on ADNOC tankers
DUBAI: Arab nations have condemned the latest Iranian attacks against UAE commercial vessels transiting the Strait of Hormuz, in what was described as a threat to maritime safety and security. Two tankers linked to UAE-based ADNOC were targeted on Thursday, the second such incident involving ADNOC »»»
Saudi foreign minister meets with Turkish, Egyptian counterparts
DUBAI: Saudi Foreign Minister Prince Faisal bin Farhan met with his Turkish and Egyptian counterparts in the Egyptian city of El Alamein on Thursday. Prince Faisal, Turkiye’s Hakan Fidan and Egypt’s Badr Abdelatty discussed the latest developments in the region, the Egyptian foreign ministry said i»»»
Air Arabia profit falls 51% as conflict cuts flights and pushes up fuel costs
SHARJAH: UAE budget carrier Air Arabia’s net profit fell 51 per cent to Dh374 million in the first half of 2026 as the regional conflict disrupted flights, reduced capacity and pushed fuel prices to record highs. Sign up for our daily business newsletter, Cheques & Balances.The Sharjah-based low-co»»»
FIFA chief Infantino receives support from 6 Arab federations including Lebanon
The heads of six Arab football federations expressed their "full support" and "confidence" in Gianni Infantino on Thursday as the embattled FIFA president fights to keep his job after his failed World Cup private investment plan. The backing came from 2030 World Cup co-host Morocco, Qatar, Egypt, M»»»
Roche Diagnostics appoints Carlos Justiniani Ugarte to lead business in Egypt, North Africa Arab Finance For Information Technology
Arab Finance: Roche Diagnostics has appointed Carlos Justiniani Ugarte as General Manager of Roche Diagnostics Egypt and North Africa Network Lead, strengthening the company’s leadership in the region, according to an emailed press release. Ugarte joins Roche’s Egypt affiliate after four years as C»»»
After Lebanon scraps death penalty, where does the region stand?
Lebanon has formally abolished the death penalty, going against the grain in a region where Iran and Saudi Arabia are reportedly the second- and third-biggest executors globally, after China. Here's a look at which countries in the Middle East and North Africa top the list of executioners, which ha»»»
The five works in the running for the Ithra Art Prize
DAMMAM: The King Abdulaziz Center for World Culture (Ithra) is currently exhibiting the works of the five artists shortlisted for the seventh edition of the Ithra Art Prize — Aseel Al-Yaqoub (Kuwait); Bady Dalloul (Syria/France); Heba Y. Amin El-Mahamly (Egypt); Ala Younis (Kuwait); and Jawad Al-Ma»»»
Jared Kushner may visit Israel next week for talks on Gaza, source says
US President Donald Trump’s envoy and son-in-law, Jared Kushner, may visit Israel next week for talks on Gaza, a source familiar with the matter said on Thursday. The plans were reported earlier by Axios, which also said that Kushner was planning to meet mediators from Egypt, Qatar and Turkiye as w»»»
Egypt backs Sudanese-led process to determine country’s postwar future
CAIRO: Egypt on Thursday called for Sudan’s political future to be determined by its own people, backing a Sudanese-led process, as Cairo reiterated its opposition to any attempt to partition its war-torn southern neighbor. Egyptian Foreign Minister Badr Abdelatty said that any political process fo»»»
Dubai Humanitarian facilitates new air bridge to deliver critical WHO medical supplies to Gaza
Dubai: Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, Dubai Humanitarian (DXBH) has facilitated the dispatch of critical humanitarian relief supplies to Gaza. The shipments are part of a new air bridge launched this we»»»
Three killed, 11 injured in gas cylinder blast at New Cairo mall
Dubai: Three people were killed and 11 injured after a gas cylinder exploded at a restaurant inside a shopping mall in New Cairo, triggering a fire and causing a lift to collapse, Egyptian media reported. Emergency services were called to the mall in the Tagamoa area following reports of a fire ins»»»
Adnoc's XRG enters Venezuela with stake in major offshore gas licence
Dubai: XRG, ADNOC’s international energy investment company, is entering Venezuela through an interest in the offshore Loran gas licence, giving the Abu Dhabi-based company exposure to one of Latin America’s significant undeveloped gas resources and extending its rapidly growing international gas p»»»
UAE expresses solidarity with Egypt, conveys condolences over victims of Ismailia road accident
Abu Dhabi: The United Arab Emirates has expressed its sincere condolences and solidarity with the Arab Republic of Egypt over the victims of a road collision in Ismailia Governorate, in eastern Egypt, which resulted in dozens of deaths and injuries. In a statement, the Ministry of Foreign Affairs (»»»
Celtic boss O’Neill ‘much better’ after hospital procedure
LONDON: Celtic manager Martin O’Neill revealed on Thursday he is feeling “much better” after being forced to miss last weekend’s win at Kilmarnock following a hospital procedure. O’Neill was away from the Celtic squad for several days as a result of the “small” procedure. The 74-year-old spent a ni»»»
FIFA chief Infantino receives support from 6 Arab federations amid revolt over World Cup plan
GENEVA: The heads of six Arab soccer federations expressed their “full support” and “confidence” in Gianni Infantino on Thursday as the embattled FIFA president fights to keep his job after his failed World Cup private investment plan. The backing came from 2030 World Cup co-host Morocco, Qatar, Eg»»»
Eritrea: Key player in the geopolitical gamble at the Horn
PoliticsEritreaEritrea: Key player in the geopolitical gamble at the HornMartina SchwikowskiAmid growing tensions and security risks in the Horn of Africa, Eritrea, with its strategically important coastal points on the Red Sea, is emerging as an important player in the region. https://p.dw.com/p/5»»»
New commercial fraud regulations come into force in the UAE today
The UAE today officially begins implementing Cabinet Resolution No. (107) of 2026 concerning the Executive Regulation of Federal Decree-Law No. (42) of 2023 on Combating Commercial Fraud. Under the new decision, suppliers are required to immediately stop selling or displaying any non-compliant prod»»»
Orascom Development’s consolidated revenues down 6.26% YoY in H1 2026 Arab Finance For Information Technology
Arab Finance: Orascom Development Egypt posted a 6.26% decline in its consolidated revenue during the first half (H1) of 2026, recording EGP 2.959 billion from EGP 3.157 billion in H1 2025, according to the company’s financial statements. The company’s consolidated net profits after minority intere»»»
Egypt discovers three ancient tombs and mummies in Bahariya Oasis
Dubai: Egyptian archaeologists have uncovered three tombs dating to different periods of the country’s history at the Sheikh Subi archaeological site in the Bahariya Oasis, including a family burial containing five mummies and two collective tombs believed to date to the Roman era. The discovery wa»»»