EGX Slides as Investors Shift Focus to Egyptian Debt
Equity Market Retreats as Treasury-Bill Demand Highlights Confidence in Egypt’s Macroeconomic Outlook Cairo — Egyptian equities posted their sharpest decline in weeks on Wednesday as widespread selling pressure erased much of the market’s recent gains, even as foreign investors continued to increas»»»
Egypt fully settles dues to investment partners for the first time in years: Petroleum Minister
Egyptian Minister of Petroleum and Mineral Resources Karim Badawy announced the complete settlement of outstanding payments to oil and gas investment partners, bringing them down to zero for the first time in years, after reaching US$ 6.1 billion in June 2024. These payments are not merely a financ»»»
Egypt tourism revenues rise 14.9% to $14.4bn in first 9 months of fiscal year
RIYADH: Tourism revenues in Egypt recorded an annual rise of 14.9 percent during the first nine months of the fiscal year, reaching approximately $14.4 billion, the country’s prime minister revealed. Speaking at a weekly cabinet meeting Mostafa Madbouly also revealed remittances from Egyptians work»»»
Economic Ministerial Group reviews reform program, inflation trends
Prime Minister Mostafa Madbouly chaired a meeting of the Economic Ministerial Group at the government headquarters in the New Capital on Tuesday, June 10, 2026, to review a number of priority economic issues and developments. The meeting was attended by Deputy Prime Minister for Economic Affairs Hu»»»
EU’s new asylum regime begins amid delays, legal risks and fears of mass detention
New EU asylum rules come into force on Friday (12 June), spanning 10 legislative files that have taken years to develop, as far-right forces gain momentum amid a wider backlash against migration. The European Commission has framed the package as a major policy achievement, despite uneven implementa»»»
New book highlights advantages of ‘soft power’ in Middle East
CHICAGO: The authors of a new book on how the US helped stabilize Egypt through “soft power” argue that the strategy could have helped avoid much of today’s regional conflict. In an interview with Arab News, two of the three authors of “A Daring Enterprise: A US-Egyptian Partnership and the Case fo»»»
Iran and Ukraine Loom over G7 as France Accommodates Trump
Wars in the Middle East and Ukraine are set to dominate next week’s Group of Seven summit, as host France crafts an agenda aimed at projecting unity and avoiding confrontation with US President Donald Trump. The June 15–17 gathering in Evian-les-Bains, on the shore of Lake Geneva, brings together t»»»
Iran and Ukraine Loom over G7 as France Accommodates Trump
Wars in the Middle East and Ukraine are set to dominate next week’s Group of Seven summit, as host France crafts an agenda aimed at projecting unity and avoiding confrontation with US President Donald Trump. The June 15–17 gathering in Evian-les-Bains, on the shore of Lake Geneva, brings together t»»»
‘Having eight Arab teams at World Cup is a true honour for regional football’
Doha, Qatar: The FIFA World Cup 2026 will represent a key milestone for Arabfootball, with Qatar, Saudi Arabia, Algeria, Jordan, Iraq, Egypt, Morocco and Tunisia all set to compete, marking the largest Arab presence in the tournament’s history. Co-hosted by the United States, Canada and Mexico from»»»
Minister Dimitrov Participates in UN Tourism's Executive Council Session, Meets Key Industry Representatives
Tourism Minister Ilin Dimitrov took part in the 126th session of UN Tourism's Executive Council in Toledo, Spain, on June 10 and 11, the Ministry's press centre reported Thursday. Within the forum, he held a series of meetings with key representatives of the global tourism industry, including the m»»»
Mexico in spotlight as biggest-ever World Cup begins
Doha, Qatar: When co-hosts Mexico take on South Africa at the Estadio Azteca tonight (10pm Qatar time), the FIFA World Cup will enter a new era. The 23rd edition of football’s showpiece tournament is the first to feature 48 teams, expanding both the scale and reach of the competition. Fittingly, th»»»
Egypt strongly condemns Iran’s repeated attacks against Jordan, Bahrain and Kuwait
DUBAI: Egypt strongly condemned on Thursday Iran’s attacks against Jordan, Bahrain and Kuwait, describing Tehran’s actions a flagrant violation of the three countries’ sovereignty and integrity. The US launched a second round of airstrikes on Iran into Thursday morning after President Donald Trump »»»
Al Majalla’s Film Watch: football on the big screen
On the occasion of the 2026 FIFA World Cup, Al Majalla highlights some of the most notable and recent films on the world's most coveted sport. We start with a classic and then dive into more recent titles. A Stranger in My House Written by: Wahid Hamed Directed by: Samir Seif Country of production:»»»
OFH Greenlights Major Acquisition Deal with Klivvr Holding
Orascom Financial Holding (OFH) has provisionally approved an ambitious acquisition proposal by Klivvr Holding, aiming to secure a controlling stake in Klivvr for Electronics Development and E-Payments. In a recent board meeting, OFH announced its intention to move forward with Klivvr Holding’s off»»»
26/01/2017 Tenders
Information Technology Client : Alexandria Library Address : 23, El Horria Road, Alexandria Tender : Tender No. 1/2017 for the supply of maintenance works and spare parts for rendr farm apparatuses Tender documents : EGP600 A bid bond of EGP25,000 should be submitted Opening envelopes : 29-1-2017 a»»»
Arab Group at UN condemns Iranian attacks and Israeli actions across Middle East
NEW YORK CITY: The Arab Group at the UN on Wednesday warned of escalating regional tensions, and condemned attacks by Iran against Gulf Arab states and Jordan. It also strongly criticized Israel for its military actions in Gaza, Lebanon and Syria, and called for a renewed diplomatic push across the»»»
Al-Sisi, Tshisekedi discuss water cooperation, Nile Basin coordination and eastern DRC crisis
Egyptian President Abdel Fattah Al-Sisi and Democratic Republic of Congo (DRC) President Felix Tshisekedi discussed expanding bilateral cooperation in trade, investment and water resources, as well as developments in eastern DRC and cooperation among Nile Basin countries, according to a statement f»»»
Standard Chartered sees Egypt’s economic recovery accelerating through FY27
Standard Chartered expects Egypt’s economic recovery to gather pace over the next two years, forecasting GDP growth to accelerate to 4.7% in FY27 as improving macroeconomic conditions and continued reform efforts strengthen the country’s medium-term outlook. While the bank revised its FY26 GDP grow»»»
Egypt identifies 61,000 companies eligible for bourse listing as investment authority, EGX deepen cooperation
Some 61,000 joint-stock companies in Egypt are eligible to benefit from the advantages of listing on the Egyptian Exchange (EGX), representing a promising opportunity to deepen the capital market and expand the base of listed companies, Mohamed Awad, Chief Executive Officer of the General Authority»»»
Egypt, DR Congo seek deeper cooperation in water management, climate resilience
Egypt and the Democratic Republic of Congo (DRC) have discussed expanding cooperation in water resources management, climate adaptation and capacity building during talks in Cairo between Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, and the DRC’s Minister of Environment and Sus»»»
Egypt could earn up to $9bn annually from digital talent exports: WorkShift Summit
Egypt could generate between $5bn and $9bn in annual revenues from exporting digital services and remote work talent if the government achieves its target of creating 630,000 jobs through digital services exports by 2029, according to Nermeen El-Nemr, Founder of WorkShift Summit, CEO of Man-Tech, a»»»
Egypt, Eritrea say Red Sea security is exclusive responsibility of littoral states
Egypt and Eritrea stressed that the security and management of the Red Sea remain the exclusive responsibility of its littoral states, completely rejecting any attempts by non-littoral parties to impose security arrangements or roles in this context, or to impose their maritime access in violation »»»
Egypt unveils updated Industrial Development Strategy 2030, targets $100bn in exports
Egypt’s Minister of Industry, Khaled Hashem, outlined the latest developments in the updated Industrial Development Strategy 2030 during the monthly meeting of the American Chamber of Commerce in Egypt (AmCham), highlighting a series of initiatives aimed at transforming Egypt into a regional manufa»»»
Asharq Al-Awsat Publishes Palestinian Factions’ Amendment to 8th Clause of Gaza Agreement
Mediators of Gaza’s fragile ceasefire, along with Palestinian factions, are counting on US President Donald Trump’s administration to press Israel to accept the agreed wording on a 15-point roadmap received by Hamas last April. Palestinian factions reached “close” positions with mediators from Egyp»»»
Objects of Glory: Iconic Moments in the History of Football opens at Museo Jumex in Mexico City
Mexico City Some of the most iconic objects in the history of world football are now on view in Mexico City as Objects of Glory: Iconic Moments in the History of Football opens at Museo Jumex as part of the Qatar Canada and Mexico 2026 Year of Culture. The opening was attended by Qatar's Ambassador»»»
‘Objects of Glory: Iconic Moments in the History of Football’ opens at Museo Jumex in Mexico City as Part of Qatar Canada Mexico 2026 Year of Culture
Mexico City, Mexico and Doha, Qatar: Some of the most iconic objects in the history of world football are now on view in Mexico City as Objects of Glory: Iconic Moments in the History of Football opens at Museo Jumex as part of the Qatar Canada and Mexico 2026 Year of Culture. The opening was atten»»»
‘Every few hours, it’s another story’: logistical controversies cast shadow on what should have been a joyous World Cup start
CAIRO: As an Egyptian sports journalist who has spent the past 16 years dedicated to covering Arab athletes at the pinnacle of their respective disciplines, this FIFA World Cup was supposed to be one of the most exciting events I have ever covered. With an unprecedented eight Arab teams qualified f»»»
Attacks on Gulf States...an Obstacle to Egypt-Iran Rapprochement
After two years of steadily improving ties that appeared to be moving toward the restoration of full diplomatic relations, Egypt and Iran now seem to be facing a major setback. Egypt views Iran's current war and the subsequent attacks it carried out against Gulf states as a violation of one of its »»»
Egypt Moves to Postpone African Summit in El Alamein Over Ebola Concerns
An Egyptian official source said there is a move toward postponing the African Union's Mid-Year Coordination Summit, which had been scheduled for the end of this month, due to the widespread spread of the Ebola virus in several African countries. The source told Asharq Al-Awsat that the outbreak ha»»»
Sahar Nasr among 100 most influential Arab figures in 2016: Arabian Business Magazine
Arabian Business magazine included Egypt’s Minister of Investment and International Cooperation Sahar Nasr in the list of 100 most influential figures in the Arab world during 2016 in the government work category. According to the magazine, Nasr was chosen for being “a leading economic, financial a»»»
Orascom Development Egypt’s OGM approves capital raise Arab Finance For Information Technology
Arab Finance: The shareholders of Orascom Development Egypt approved increasing the issued capital by EGP 2.519 billion, allocated from the retained earnings account for the year ended on December 31st, 2025, according to a bourse filing. The transaction will be implemented through the issuance of »»»
Egypt inflation slows to 13% in May as price pressures ease
RIYADH: Egypt’s annual inflation rate slowed to 13 percent in May from 13.4 percent in the previous month, extending a gradual easing in price pressures as authorities push ahead with economic reforms and tighter monetary policy. Data released by the Central Agency for Public Mobilization and Stati»»»
EGX Rebounds as Foreign Buying Reinforces Confidence in Egyptian Assets
Financial Shares Lead Recovery as Overseas Investors Return Amid Improving Liquidity Outlook Cairo — Egyptian equities rebounded on Tuesday as foreign and Arab investors returned to the market, reversing part of the previous session’s losses and reinforcing signs of improving confidence in Egyptian»»»
Research Science Investment signs Cooperation Agreements with Moroccan Government Institutions
At Mohammed VI Tower; one of the Kingdom of Morocco’s most iconic architectural landmarks and the tallest tower in Africa, Research Science Investment (RSI), a leading UAE-based educational and cultural institution, signed a series of partnership and cooperation agreements with several Moroccan gov»»»
Egypt Clears Arrears to Oil and Gas Companies
Egypt's Minister of Petroleum Karim Badawi said on Wednesday that the full settlement of arrears owed to oil and gas partners marked a turning point for the sector. Badawi said payment of the arrears, "restores investor confidence and paves the way for increased upstream activity and accelerat»»»
Israeli Concerns over Egypt’s Jabbar 150 Drone
Israeli media has recently raised concern over the Jabbar 150 drone, the latest Egyptian weapons system, despite having been unveiled nearly six months ago. Israeli news platform Natziv Net reported Tuesday that the unveiling of the domestically produced drone at the Egypt Defense Expo (EDEX) in Ca»»»
Egypt condemns Iranian attacks on Jordan, Bahrain and Kuwait
DUBAI: Egypt on Wednesday condemned Iranian attacks targeting Jordan, Bahrain and Kuwait, describing them as a dangerous escalation and a violation of the sovereignty and territorial integrity of the three countries. Kuwait, Bahrain and Jordan reported drone interceptions, air raid sirens and missi»»»
‘Storing Weapons, Not Surrendering Them’: Gaza Factions and Mediators Reach Consensus
Three Palestinian sources said Tuesday that representatives of Gaza’s factions meeting in Cairo and mediators from Egypt, Qatar, and Türkiye have agreed on what they described as “acceptable wording” to resolve key outstanding issues, particularly those related to weapons. The sources said the unde»»»
Great eight: Arab teams set for FIFA World Cup
Doha, Qatar: A record eight Arab nations will compete at this month’s expanded FIFA World Cup 2026. As well as every minute of all104 matches available to watch live across the Middle East and North Africa exclusively on beIN Sports, the region’s leading sports and entertainment broadcaster will al»»»
Experts: Government offerings are Egyptian exchange main drivers
Successful companies, suitable timing are conditions for success United Bank, 1st government bank to be listed in money market MEO – The government has begun studying the privatization of shares of one or all banks in which it has stakes except for large banks such as the National Bank of Egypt and»»»
Iran to travel to US day before its first WC match
Tehran: Iran’s football federation announced yesterday its national team’s schedule for the group stage of the World Cup, a tournament that is beginning under difficult circumstances for the Islamic republic. While the players obtained the visas necessary to enter the United States -- which is in o»»»
Women in the Egyptian judiciary system, one of the fruits of the 30th of June revolution
By: Sherif Abdel Ghaffar In 30th of June 2013, the Egyptian people took to the streets demanding the end of the brotherhood era. Tariq Al Kholy a current Egyptian youth Parliament member and an active participant in the 25th of Jan revolution and the 30th of June revolution said to Parlamany newspa»»»
Doha Design District unveilsPublic Art Open Call shortlist
Tribune News Network Doha Doha Design District (DDD), powered by Msheireb Properties, has announced the 20 shortlisted projects advancing to the final stage of its Public Art Open Call, a milestone that reflects just how powerfully this initiative has captured the local and global creative imaginat»»»
Rival Palestinian factions discuss Gaza disarmament
CAIRO: Members of Palestinian factions including Hamas agreed in principle for Gaza’s armed groups to hand over parts of their arsenals to a yet-to-be-created, ad hoc Palestinian entity during talks in Cairo, Palestinian sources told AFP on Tuesday. Such a proposal has almost no chance of being acc»»»
Syrian Transport Minister: Syria is keen to reactivate regional road and rail networks
Damascus, June.9 (SANA) Syrian Minister of Transport Yarub Badr said that the ministry is working to revitalize road and railway networks in cooperation with neighboring countries, with the aim of enhancing trade flows, reducing transportation costs and reconnecting regional markets through Syrian »»»
Egypt launches commercial trial operations at Safaga 2 Multipurpose Terminal
Egypt’s Minister of Transport, Kamel Al-Wazir, witnessed the launch of commercial trial operations at the new Safaga 2 Multipurpose Terminal, marking a significant milestone in the country’s strategy to position itself as a regional hub for transport, logistics, and transit trade. The launch comes »»»
Rival Palestinian factions discuss Gaza disarmament
Members of Palestinian factions including Hamas agreed in principle for Gaza's armed groups to hand over parts of their arsenals to a yet-to-be-created, ad hoc Palestinian entity during talks in Cairo, Palestinian sources told AFP on Tuesday. Such a proposal has almost no chance of being accepted b»»»
Tunisia and Egypt discuss boosting trade and investment ties
Tunis, June 9 (TAP)- Minister of Trade and Export Development, Samir Abid, met on Tuesday with a high-level Egyptian economic delegation to discuss ways to overcome logistical and administrative obstacles hindering trade and investment between the...»»»
China National Tire & Rubber to invest $550m in Egypt expansion, build new Alexandria plant
Egypt’s Minister of Industry, Khaled Hashem, met with senior executives from China National Tire & Rubber Corporation (CNTR), led by Chairperson Wang Jianjun, to discuss the company’s expansion plans in Egypt, including a major new manufacturing project in Alexandria valued at $550m. The meeting wa»»»