The sinking of the ARA San Juan in 2017 killed all 44 crew members. A woman visits the a makeshift tribute made with flags and notes to the 44 crew members of the missing submarine ARA San Juan at the Argentina Navy base at Mar del Plata in November 2017. File Photo by Mauricio Arduin/EPA July 9 (U»»»

By Mahmoud Hammad Rana Adawi, Co-founder and Managing Director of Acumen Holding Ltd, said that the company will begin its real-estate fund -the first of its kind in the Egyptian market- in March 2016. With a capital ranging between EGP 250mn and $300mn. Adawi has singled The Middle East Observer o»»»

Los Angeles, United States: FIFA referees chief Pierluigi Collina has hit out at "unfounded allegations" against World Cup match officials in the wake of Argentina's controversial last 16 victory over Egypt. In comments posted on FIFA's official website, Collina defended officials who oversaw Argen»»»

CAIRO: Gazans turned out in large numbers to ‌pay their respects to a senior Palestinian member of Egypt’s main aid organization who set up World Cup screenings in the shattered enclave and was killed by an Israeli air strike on a taxi he was in this ​week. The strike killed Mohammad Al-Waheidi on »»»

France and Morocco are facing each other on July 9 as the World Cup's blockbuster quarter-finals kick off. On the other side of the draw, holders Argentina face Switzerland in Kansas City on July 11 after staggering into the quarter-finals following their last-minute win against Egypt, while Englan»»»

CAIRO — The Central Bank of Egypt (CBE) kept its benchmark interest rates unchanged on Thursday after new data showed annual urban consumer inflation eased modestly to 14.3% in June, reinforcing expectations that policymakers may resume their monetary easing cycle later this summer if disinflation »»»

RIYADH: A rollercoaster of an evening between Argentina and Egypt in Atlanta was felt almost 12,000 km away in Riyadh’s Al-Malqa District. Up To You, a cafe that opened in the summer of 2025, has become a go-to for avid sports fans in the Kingdom’s capital — but also for those who have never consid»»»

DUBAI: For a few joyous weeks, those nagging concerns were put to bed. The FIFA World Cup has a habit of doing that to football fans. As the game’s flagship event kicked off across Mexico, the US and Canada, supporters from the 48 competing nations, not to mention millions of others around the glob»»»

The installation of the reactor vessel for the second unit of Egypt’s El Dabaa Nuclear Power Plant has begun in northern Egypt, marking another stage in building the country’s first nuclear power station. The ceremony was attended by Egyptian Prime Minister Mostafa Madbouly, Minister of Electricity»»»

Egyptian equities retreated on Wednesday, July 8, as investors took profits after a strong rally, while renewed regional tension weighed on risk appetite. The benchmark EGX30 fell 1.84% to 52,028.37 points, after opening at 53,006.11 points and touching an intraday low of 51,820.41 points, accordin»»»

Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty called for establishing an Egyptian investment body to coordinate the country’s investments across Africa, as Cairo seeks to expand the presence of Egyptian companies on the continent. Abdelatty made the »»»

Arab Finance: Minister of Investment and Foreign Trade Mohamed Farid Saleh discussed with China-based intelligent manufacturing company Jiangsu Changhong the establishment of a factory in Egypt to manufacture automotive equipment and production lines, with an initial investment of around $20 millio»»»

Doha, Qatar: The Arab Investment & Trade Credit Guarantee Corporation (Dhaman) revealed that the average Arab ranking remained stable at 102nd place globally in its composite index of investment climate components for 2025. This reflects the continued gap from the global average ranking of about 23»»»

Doha, Qatar: Safari Hypermarket, one of Qatar’s leading hypermarket chains, has officially launched its Fruit Festival and Juice Junction. The four-day festival is being held from July 8 to 11, 2026. The inauguration ceremony took place at Safari Mall, where the ceremonial cake cutting was jointly »»»

Doha, Qatar: For 78 unforgettable minutes in Houston, Egypt stood on the brink of history. Two goals ahead against reigning champions Argentina, the Pharaohs were within touching distance of a first-ever FIFA World Cup quarter-final. Then came the response only champions could produce. Lionel Messi»»»

In a strategic move aligning with global sustainability trends, Egypt’s Minister of Petroleum and Mineral Resources, Eng. Karim Badawi, announced the signing of three pivotal agreements designed to elevate Abu Qir Fertilizers Company’s operational sustainability and energy efficiency. The agreement»»»

In tonight's edition, Egypt were seconds away from a historic triumph against Argentina, only to watch their dream vanish in the cruelest fashion. Also, media in Ghana claim the government has rebuffed Cyril Ramaphosa's request for a state visit over xenophobic attacks. And a single photograph»»»

Argentina players celebrate after defeating Egypt 3-2 in a Round of 16 FIFA World Cup match at Atlanta Stadium in Georgia on Tuesday. Photo by Christian Brunskill/UPI | License Photo July 8 (UPI) -- As Argentina advances in the 2026 World Cup in the United States, prosecutors with the U.S. Departme»»»

DUBAI: Four years ago, Morocco smashed the glass ceiling for Arab teams at the World Cup. A sensational run to the semifinal, where they lost 2-0 to France, goes beyond the wildest dreams of even European and South American nations, never mind those from the region. Arab teams from North Africa hav»»»

BAGHDAD: In the heart of old Baghdad, legendary movie theaters stand abandoned and shrouded in dust, bearing witness to Iraq’s once-vibrant cultural scene. A few kilometers away, director Ali Al-Bayati oversees his camera operators as they adjust their lenses for a scene in his upcoming horror film»»»

WASHINGTON: Eight teams are left in the World Cup, and the quarterfinals feature the top four countries in FIFA’s pretournament men’s world rankings plus two others in the top 10. France look like a juggernaut and are the betting favorite at just under 2-1, followed by Spain and defending champion »»»

The 11th century Bayeux Tapestry will arrive in London in the coming days in a discreet overnight operation under police protection ahead of its first-ever exhibition in Britain, the UK envoy overseeing the transfer said. The 68-metre-long masterpiece, which depicts the 1066 Norman conquest of Engl»»»

Overseas venture capital (VC) funds are demonstrating a growing appetite for Japanese startups, with investments surging nearly 70 % to 22.5 billion yen ($152 million) in the first half of the year. This accounts for about 20% of total VC funding in Japan, marking a notable shift from China due to »»»

Part VII – Why the World Still Remembers Hypatia “Civilizations are remembered not only by the empires they build, but by the ideas they refuse to abandon.” On an ordinary spring day in AD 415, the citizens of Alexandria could not have imagined that the murder of a philosopher would echo across six»»»

DHAHRAN: The Egyptian capital will be bursting with art this month as the inaugural Cairo Art Summit is held from July 9-11, with further programming lasting until the end of July. Regional artists, architects, anthropologists, museum professionals, developers, policymakers, academics, financiers a»»»

London: The 1,000-year-old Bayeux Tapestry depicting the last successful military invasion of England will arrive in London in the coming days by dead of night and under “police protection”, the UK envoy helping to coordinate the historic transfer told AFP. But Peter Ricketts, the UK’s Bayeux Tapes»»»

Atlanta: The Egyptian football federation said Wednesday it had asked for the officiating team who handled the Pharoahs loss 3-2 last-16 to Argentina to be thrown out of the World Cup. "Hany Aburida, President of the Egyptian Football Federation, filed a complaint with FIFA, demanding an investigat»»»

DEIR AL-BALAH: An Israeli strike on Gaza just before the kickoff of the Egypt-Argentina World Cup match killed a top Palestinian aid official who helped organize public screenings of the game across the enclave, according to local health officials. The blast turned what was supposed to be a moment »»»

CAIRO — Egypt has taken another step in its long-term programme to deepen capital markets and diversify sources of financing beyond the traditional banking sector after the Financial Regulatory Authority (FRA) approved ten new licences spanning securities rating, derivatives brokerage, insurance, r»»»

London: The 1,000-year-old Bayeux Tapestry depicting the last successful military invasion of England will arrive in London in the coming days by dead of night and under "police protection", the UK envoy helping to coordinate the historic transfer told AFP. But Peter Ricketts, the UK's Bayeux Tapes»»»

In a significant boost to Egypt’s automotive sector, General Motors (GM) has commenced the production of the much-anticipated 2025 Chevy Optra at its 6th of October City plant. This marks a new chapter for the Chevy Optra, following its official unveiling in Egypt three months ago. The announcement»»»

Abu Marawat Gold Mines Company is targeting the start of commercial production in 2026, a move expected to boost Egypt’s gold output, attract further mining investments, create direct and indirect job opportunities and support economic and social development plans in the Red Sea and Qena governorat»»»

The UAE topped the list of Arab destinations for foreign direct investment (FDI) in 2025, attracting US$48.2 billion, representing 40.4 percent of the total. It also ranked first in the Arab world and 17th globally in Dhaman's 2025 Composite Investment Climate Index, improving by two places compare»»»

Arab Finance: EgyptAir, the national carrier and official airline of Egypt's national football team during its participation in the 2026 World Cup, operated a special flight on Wednesday, July 8th, to transport the Pharaohs' delegation from the US back to Egypt following the conclusion of their tou»»»

Atlanta: Lionel Messi once retired from international football after blasting a penalty into the American sky to lose a Copa America final 10 years ago. A decade on, Messi's problems from the spot persist on US soil, but his magic is more than masking that flaw as he continues to lead the Argentina»»»

An Israeli strike on Gaza just before the kickoff of the Egypt-Argentina World Cup match killed a top Palestinian aid official who was instrumental in efforts to organize public screenings of the game across the enclave, according to local health officials. The blast turned what was supposed to be »»»

ATLANTA: The Egyptian football federation said Wednesday it had asked for the officiating team who handled the Pharoahs loss 3-2 last-16 to Argentina to be thrown out of the World Cup. “Hany Aburida, President of the Egyptian Football Federation, filed a complaint with FIFA, demanding an investigat»»»

Doha, Qatar: There have been 280 goals at World Cup 2026 so far, but one league has been responsible for almost one in every four of them. It is neither Spain’s La Liga nor Germany’s Bundesliga, but England’s Premier League that has become football’s biggest supplier of goals on the biggest stage. »»»

Atlanta: Egypt coach Hossam Hassan claimed his side had been “cheated” out of a place in the World Cup quarter-finals after Argentina staged a stunning late comeback from 2-0 down to win 3-2 yesterday. “I do not want to put it nicely and talk about hard luck. We have been cheated unfairly today, we»»»

Riyadh: The Kingdom of Saudi Arabia condemned Iran’s targeting of the Saudi tanker ‘Wedyan’ as it transited the Strait of Hormuz, as well as its attack on the Qatari tanker ‘Al Rekayyat’, stressing that these unacceptable attacks constitute an assault on the security and safety of international nav»»»

Doha: The Katara Cultural Village Foundation recently hosted the celebration of the Arab Republic of Egypt’s National Day by the Embassy of the Arab Republic of Egypt in the State of Qatar. The event was attended by General Manager of of Katara H E Professor Dr. Khalid bin Ibrahim Al-Sulaiti, Ambas»»»

Arab Finance: Prime Minister Mostafa Madbouly met with Vincent Clerc, CEO of A.P. Moller-Maersk, to mull ways of expanding cooperation in maritime transport and logistics, as per a statement. Madbouly reaffirmed the Egyptian government's commitment to working with the group and other global shippin»»»

Arab Finance: Talaat Moustafa Group (TMG Holding) reported total sales valued at EGP 219.1 billion in the first half (H1) of 2026, compared to EGP 211 billion in H1 2025, according to a press release. The strong performance reflects continued strength of demand across its diversified portfolio of i»»»

LONDON: Along a stretch of desert where smugglers’ convoys often move as freely as state patrols, the borders separating Libya, Tunisia and Algeria have become the front line of a rapidly changing regional security crisis. Arms traffickers, extremist groups and migrant smuggling networks now operat»»»

VANCOUVER: Switzerland beat Colombia 4-3 on penalties after a goalless draw on Tuesday to set up a World Cup quarter-final with defending champions Argentina. The two teams canceled each other out in the final game of the last 16 — the game in Vancouver was also the last at the 2026 tournament to b»»»

Egyptian President Abdel-Fattah El-Sisi inaugurated a number of development projects in Upper Egypt and nationwide via video conference on Sunday, in a public event during his visit to Beni Suef giving a strong boost to Upper Egypt’s economy, Acting Prime Minister Mostafa Madbouli, Minister of Defe»»»

Egypt’s Prime Minister Engineer Sherif Ismail asserted, during the first meeting of the Board of Governors held the day before yesterday, the need to take on-ground measures, assist citizens, executive officials and tighten control over markets. He also instructed to ensure availability of adequate»»»

Vancouver: Switzerland beat Colombia 4-3 on penalties after a goalless draw on Tuesday to set up a quarter-final with defending champions Argentina. The two teams cancelled each other out in the final game of the last 16 -- the last match to be played at the 2026 tournament outside the United State»»»

DPA Atlanta Enzo Fernandez headed a stoppage time winner as defending champions Argentina overcame a missed Lionel Messi penalty and a 2-0 deficit until the 79th minute with a historic 3-2 comeback triumph over Egypt in the World Cup last 16 match on Tuesday. Yasser Ibrahim in the 15th and Mostafa »»»

DOHA: Several Gulf and Arab countries have strongly condemned the attack on the Qatari oil tanker 'Al Rekayyat' while it was transiting near the Strait of Hormuz, describing the incident as a serious violation of international law and a threat to international maritime navigation and global energy »»»