Minister of Finance, Amr Al Garhy, referred to the economic performance indicators within the first-half of 2016/2017. He said, the total deficit declined to a 5.1 percent compared to a 6.2 percent within the same period of last year. The revenues recorded EGP 220 billion, increasing by a 14.5 perc»»»

Minister of Labor Hassan Raddad on Saturday, June 06, 2026, discussed with Director General of the International Labor Organization (ILO) Gilbert F. Houngbo means of enhancing technical cooperation and joint coordination throughout the coming period, as well as a number of issues related to employm»»»

RIYADH: A series of venture capital, funding, acquisition, and leadership announcements marked the post-Eid week across the Middle East and North Africa’s startup and technology ecosystem. Deals spanned impact investing, telecom-backed venture capital, autonomous logistics, artificial intelligence,»»»

MEO – Ministry of Supply and Internal Trade struck a deal to purchase 235,000 tonnes of Russian, French and Romanian wheat, during an international bid that was held where national and international companies presented offers of an average $189.17 per tonne; provided that the provision of wheat sta»»»

Sultan Ahmed Bin Sulayem, group chairman and CEO of Dubai Ports World, and Admiral Mohab Mamish, chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZ), have presented details of the recent agreement to develop an integrated industrial and residential zone in Sokhna. The Sokhna»»»

by Maye Kabil: The National Bank of Egypt is to launch a new investment fund aimed at attracting the savings of Egyptians working in the Gulf states that are not already invested in the market there. Attracting the savings of Egyptians working abroad has been a repeated target for governments and b»»»

Oil & Gas Products, Equipment and Services Client : Misr Petroleum Company Address : Alexandria Tender : Tender No. 16/2017 for the rehabilitatin works of El Nil Company’s station for cars production at Marsa Matrouh Tender documents : EGP800 Tenders to be submitted in two envelopes (technical & fi»»»

The State of Qatar has reiterated its strong condemnation of the attack targeting the Barakah Nuclear Power Plant in the UAE, describing it as a violation of international law, international humanitarian law, and the fundamental principles of nuclear safety and security, Qatar News Agency reported.»»»

TEHRAN: Iran’s football squad, whose participation in the World Cup remains uncertain, have handed their passports to the US embassy in Turkiye for visas, the head of their Football Federation said on Friday. Mehdi Taj said Iran were following instructions from world football’s governing body. Thei»»»

Vienna: The State of Qatar has reiterated its strong condemnation of the attack targeting the Barakah Nuclear Power Plant in the United Arab Emirates, describing it as a violation of international law, international humanitarian law, and the fundamental principles of nuclear safety and security. Th»»»

JEDDAH: The Azka Farmers Market has returned for a three-day summer edition at Hayy Jameel, bringing together farmers, producers and visitors from across Saudi Arabia in a celebration of seasonal produce, sustainability and community exchange. Held under Art Jameel’s community programs as part of t»»»

Illegal gold mining in Egypt threatens “investment opportunities and the ability to benefit from the country’s reserves,” as “clashes among illegal prospectors” continue to recur. Businessman Naguib Sawiris said Egypt’s mineral wealth was being continuously wasted because of random and illegal mini»»»

One week after the Iranian Revolution declared victory on February 11, 1979, two photographs emerged from Tehran that, in retrospect, help explain many of the storms that would later sweep the Middle East, from Iran’s expanding regional influence to what the author calls “Sinwar’s Flood." In the fi»»»

VIENNA: Last month’s drone attack on the UAE’s Barakah nuclear plant was a “serious compromise of nuclear safety, the head of the International Atomic Energy Agency (IAEA) said Friday, adding any such attack “is unacceptable, a no-go, taboo.” The UAE blamed pro-Iran militants in Iraq for the incide»»»

Egypt will step up efforts to cut red tape to spur on local businesses and it expects to list as many as four state-owned firms on the stock exchange over the next 12 months, its Investment and Foreign Trade Minister Mohamed Farid Saleh told Reuters. Planned reforms aim to streamline company format»»»

Vienna: Last month's drone attack on the UAE's Barakah nuclear plant was a "serious compromise of nuclear safety, the head of the International Atomic Energy Agency (IAEA) said Friday, adding any such attack "is unacceptable, a no-go, taboo." The United Arab Emirates blamed pro-Iran militants in Ir»»»

Arab Finance: PARAGON | ADEER has taken part in the largest economic platform aimed at promoting investment opportunities and strategic partnerships in the Egyptian market, organized by Nile Property Expo and the British Egyptian Business Association (BEBA), as per an emailed press release. Taking »»»

RIYADH: The Middle East is accelerating hotel development, ending the first quarter of 2026 with a record pipeline of 717 projects totaling 177,110 rooms, up 12 percent from a year earlier. The figures were contained in a report from Lodging Econometrics, and emphasizes how, driven by ambitious nat»»»

Doha: The issue of migrants in the European Union has always been one of the most complex issues in election debates, both in public opinion and within European parliaments. Interest in this issue has gradually increased, transforming in recent years into one of the most prominent political files, »»»

Assistant Foreign Minister for International, Multilateral, and Bilateral Development Cooperation Ambassador Khaled Anis discussed with a delegation from the South Korean Economic Development Cooperation Fund (EDCF), affiliated with the Export-Import Bank of Korea, ways to boost economic and develo»»»

On June 5, 1976, the Teton River Dam in Idaho collapsed as it was being filled for the first time, killing 11 people, flooding 300 square miles and causing an estimated $1 billion damage. 1 of 7 | On June 5, 1976, the Teton River Dam in Idaho, the remains of which are pictured, collapsed as it was »»»

Doha, Qatar: With the 2026 FIFA World Cup set to kick off across the United States, Canada and Mexico, Asia will be represented by a record nine nations at football’s biggest tournament. The expanded 48-team format has increased the continent’s presence, with a mix of established powers and first-t»»»

In a bold move for sustainable development, Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, announced a new energy strategy aiming to boost renewable energy’s share to 60% of the national energy mix by 2040. This initiative is part of Egypt’s broader sustainable development pla»»»

Egypt will not fully eliminate petroleum products subsidies, but aims to reduce subsidies within three years, Minister of Petroleum Tarek El-Molla said. The plan of subsidies reduction will conclude in 2019, with the resumption of fuel subsidies until then, El-Molla clarified to Shorouk newspaper. »»»

Israeli strikes in Gaza killed at least nine Palestinians, a hospital said on Thursday, even as much of the world’s attention was focused on the fighting between Israel and Hezbollah in Lebanon. The nine people were killed in at least four separate strikes in Gaza City, according to Shifa Hospital,»»»

Doha, Qatar: Prime Minister and Minister of Foreign Affairs, HE Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani received a phone call from Minister of Foreign Affairs, Immigration and Egyptian Expatriates of the Arab Republic of Egypt HE Dr. Badr Abdelatty. The call discussed cooperation relati»»»

Saudi Energy Minister Prince Abdulaziz bin Salman seized the spotlight at a high-level dialogue session held during the 2026 St. Petersburg International Economic Forum, breaking a strategic silence that had become a focus of questions and a gauge for global market expectations. Speaking on Thursda»»»

Egypt aims to list four to five state-owned companies on the Cairo stock exchange before the end of the year as part of its state asset sales strategy, Prime Minister Mostafa Madbouly said on Thursday. The government also plans to shift from in-kind subsidies to cash subsidies during the coming fin»»»

RIYADH: The Saudi Heritage Commission has uncovered more than 1,700 archaeological finds at the historic Miqat Al-Juhfah site, the Saudi Press Agency reported. In collaboration with the University of Exeter, the commission has completed the first phase of survey and documentation. Pottery, glass, s»»»

Egyptian authorities have arrested a man accused of posing as a heart surgeon and university professor while operating a medical clinic using forged qualifications and official documents, security officials said. The suspect was detained to serve a final 10-year prison sentence after being convicte»»»

More than 1,700 artefacts have been uncovered at the archaeological site of Miqat Al Juhfah, highlighting the historical importance of one of the key stations on the ancient Hajj route to Mecca, Saudi Arabia's Heritage Commission said. The discoveries were made during the completion of the first se»»»

TOKYO: Egyptian Foreign Minister Badr Abdelatty highlighted the strong strategic partnership between Egypt and Japan, describing the relationship as boundless and emphasizing the importance of increased Japanese investment in the Suez Canal Economic Zone. Speaking at the Foreign Correspondents’ Clu»»»

LONDON: An unprecedented eight teams from the Arab region will participate at the 2026 World Cup. The expanded 48-nation tournament means that there are 32 places available in the knockout stages. Arab News tries to predict the unpredictable and rank their chances to get out of their groups. Morocc»»»

Minister of Planning and Economic Development Ahmed Rostom said Egypt plays a pivotal role in advancing economic development efforts at the regional level through its co-chairmanship, alongside Italy, of the Governance Program under the Organization for Economic Co-operation and Development (OECD) »»»

Saudi Arabia's Ports Authority (Mawani) has added a new shipping service operated by Emirates Shipping Line at Jeddah Islamic Port, linking the Kingdom's largest Red Sea port with India and Djibouti as part of efforts to strengthen trade connectivity and logistics services. The new service will con»»»

RIYADH: Qatar’s non-energy private sector continued to feel the impacts of the regional conflict in May, as new business inflows fell sharply, according to S&P Global. The country’s Purchasing Managers’ Index dropped to 45.9 in May from 46.4 in April, pointing to a deterioration in business conditi»»»

TOKYO: Egypt ‌is finalizing plans for its first yen-denominated bond sale in three years, ​Foreign Minister Badr Abdelatty told Reuters on a trip to Japan on Thursday. The African Development Bank said in December it would partially guarantee Cairo’s planned $500 million-equivalent Samurai bonds on»»»

Research Science Investment (RSI), UAE, hosted a distinguished cultural celebration at Mohammed VI Tower, one of Morocco’s most iconic landmarks and the tallest tower in Africa, to honor an outstanding group of readers among Moroccan students and educators. The event was organized in partnership wi»»»

Chinese automaker BYD Company Ltd (SZSE:002594; HKEX:1211) has significantly strengthened its presence in Africa’s emerging electric vehicle (EV) market, increasing its market share to 35% in 2025 from just 4% two years prior, according to the Global EV Outlook 2026 report, published by the Interna»»»

Egypt is finalizing plans for its first yen-denominated bond sale in three years, Foreign Minister Badr Abdelatty told Reuters on a trip to Japan on Thursday. The African Development Bank said in December it would partially guarantee Cairo's planned $500 million-equivalent Samurai bonds on the Japa»»»

President Abdel El-Sisi will partake in the next Arab Summit which is will be held on July 25th and 26th in Nouakchott, Mauritania. El-Sisi praised Mauritania for its reception of the Arab Summit, expressing his intention of full cooperation with Mauritania to make the summit successful. El-Sisi re»»»

As the curtain falls on 2024, the Egyptian Exchange (EGX) has closed the year with a significant boost, adding nearly EGP 30 billion to its market capitalization. This robust performance during the last trading session underscores a year of strategic growth and investor confidence in Egypt’s capita»»»

Mohamed Farid, Egypt’s Minister of Investment and Foreign Trade, met with Ethiopis Tafara, Regional Vice-President for Africa at the International Finance Corporation (IFC), and his accompanying delegation to review the ministry’s priorities and plans for advancing the investment and foreign trade »»»

Ahmed Rostom, Egypt’s Minister of Planning and Economic Development, met with Andreas Schaal, Director for Global Relations and Cooperation at the Organisation for Economic Co-operation and Development (OECD), to discuss strengthening bilateral cooperation and launching the second phase of the Egyp»»»

Egypt’s Minister of Industry, Khaled Hashem, met with Ireland’s Ambassador to Egypt, Aidan O’Hara, to discuss expanding industrial cooperation and strengthening trade and investment ties between the two countries. The meeting, attended by Ahmed Maghawry, Assistant Minister for International Coopera»»»

Egypt and Mauritania have explored opportunities to deepen bilateral cooperation in healthcare, with discussions focusing on medical training, pharmaceutical collaboration, preventive healthcare and medical tourism during a meeting between Egypt’s Minister of Health and Population, Khaled Abdel Gha»»»

Egypt has received fresh international recognition for the rapid development of its civil aviation sector and its growing ability to host major global aviation events, following the successful organization of the 38th IATA Ground Handling Conference (IGHC 2026) in Cairo from 19 to 21 May. Organized»»»

Egypt and Japan signed a preliminary strategic partnership framework on Wednesday to prepare for a presidential-level agreement, as Cairo proposed establishing a dedicated Japanese industrial zone in the Suez Canal Economic Zone to help secure global supply chains. The preliminary framework, alongs»»»

Israeli strikes killed ‌three Palestinians in Gaza on Wednesday, health officials said, and the Palestinian group Hamas said an end to such attacks was crucial to further talks on safeguarding a US-brokered ceasefire. Medics said one Palestinian was killed in an airstrike near the Mughraqa area in »»»

by Mahmoud Hammad Sharif Al-Kilani, a partner with Ernst and Young for North Africa and the Middle East region, said that the institution plans to establish new companies and acquisition deals for investors and Arab and foreign companies of Egyptian companies worth EGP20 billion over the coming six»»»