In a move aimed at increasing Egyptian-Russian cooperation and a clear message from Moscow showing its desire to strengthen economic partnership with Cairo – particularly after the main exchanged visits between the two countries over the past two years in the wake of the 30 June Revolution in 2013-»»»

PRETORIA: Recent major trophy winners Mamelodi Sundowns and Orlando Pirates dominated the South Africa 2026 World Cup squad named in Pretoria on Wednesday with eight players each. Sundowns won the CAF Champions League a second time last Sunday, defeating Moroccan rivals FAR Rabat 2-1 on aggregate i»»»

Tunis, May 27, 2026 (TAP) - President of the Republic Kais Saied held a phone call on Wednesday with Egypt's President Abdel Fattah El-Sisi , during which they exchanged greetings on the occasion of Eid al-Adha,reads a Presidency press release.»»»

The Yemeni government is betting that rebuilding the transport sector can help revive an economy battered by more than a decade of war that has left airports, ports and roads badly damaged. Yemeni Transport Minister Mohsen al-Amri told Asharq Al-Awsat that rebuilding the sector “requires resources,»»»

Cairo Centre for Economic Studies director Dr Abdel-Moneim al-Sayed expects that growth in Suez Canal revenues that could hit US$13.2bn compared with the current US$5.4bn, an increase of 259 per cent.. The New Suez Canal project is one of the largest and most important projects Egypt has ever seen,»»»

By Wade SheridanMuslims celebrate Eid al-Adha, also known as the Feast of Sacrifice, in Cairo, Egypt, on Wednesday. Muslims across the world celebrate Eid al-Adha by slaughtering sheep, goats, cows and camels in commemoration of Prophet Abraham's readiness to sacrifice his son Ismail on God's comma»»»

Arab Finance: The Egyptian Exchange (EGX) is working to transform into a financing platform supporting national projects and productive sectors through the development of market tools and trading mechanisms, alongside efforts to improve operational efficiency and attract more local and foreign inve»»»

Arab Finance: Egypt is in talks with French multinational rail transport systems manufacturer Alstom to localize railway manufacturing and establish a factory for train components, as part of efforts to position the country as a regional export hub, the Ministry of Investment and Foreign Trade stat»»»

Egypt’s transport and storage sector has quickly become a key driver of the country's economic growth, supporting both domestic productivity and international trade. Once viewed as just a supporting service, the sector is now a key part of Egypt's economic transformation. The sector’s growth is not»»»

Arab Finance: Drive Finance, a subsidiary of GB Corp, has successfully completed its seventh securitization bond issuance valued at EGP 2.2 billion, according to a bourse disclosure. This transaction marks the second issuance under GB Capital for Securitization's 16th program, which totals EGP 25 b»»»

Arab Finance: The Egyptian National Railways Authority (ENR) and the National Egyptian Railway Industries Company (NERIC) signed two agreements to manufacture and supply 500 air-conditioned passenger carriages and to establish a company to operate the Kom Abu Radi railway workshops, as part of effo»»»

Arab Finance: Egypt’s Minister of Transport Kamel El-Wazir signed a memorandum of understanding (MoU) with Nikolai Patrushev, Aide to Russian President Vladimir Putin and Chairman of the Russian Maritime Council, to enhance bilateral cooperation in maritime trade, as per a statement. The agreement »»»

The Egyptian government has been working to enhance transport infrastructure to turn the country into a regional logistics hub. In 2025, Egypt ranked 2nd among African countries in the Africa Infrastructure Development Index (AIDI). In the transport composite sub-index, Egypt received a score of 50»»»

Arab Finance: Minister of Industry Khaled Hashem discussed with a delegation from Germany-based automaker Volkswagen the company’s plans to expand its automotive manufacturing operations in Egypt in the coming period, as per a statement. The talks reviewed studies currently being prepared by Volksw»»»

Arab Finance: EgyptAir has received its first Boeing 737-8 Max from SMBC Aviation Capital as part of an 18-aircraft strategic lease agreement, according to a statement. The new jet is expected to cut fuel use and emissions by 20% compared to previous models. The company plans to deploy these aircra»»»

Arab Finance: Auto sales in Egypt increased by 3.2% month-on-month (MoM) to 17,800 vehicles during March 2026, according to data from the Automotive Market Information Council (AMIC). This growth reflects increased consumer demand for cars as they anticipate higher prices in the coming period, driv»»»

Arab Finance: Prime Minister Mostafa Madbouly and Minister of Finance Ahmed Kouchouk followed up on the government's measures for transition to electric vehicles (EVs) and the ministry's efforts to support this initiative, according to a statement. This comes within the framework of the state's vis»»»

Arab Finance: Prime Minister Mostafa Madbouly witnessed the signing ceremony of two agreements for the management and operation of the newly developed digital system for obtaining visas upon arrival at Cairo International Airport. The agreements were signed between CyShield Technology, the company »»»

Arab Finance: Alexandria Container and Cargo Handling Company (ALCN) registered a 10% year-on-year (YoY) increase in net profits after tax, achieving EGP 1.943 billion in the first three months of 2026, as per the unaudited financial results. The recorded net profits were compared with EGP 1.763 bi»»»

Arab Finance: Egypt and Eritrea inked a maritime transport cooperation agreement to strengthen logistical connectivity and expand bilateral trade, according to a statement. The deal aims to open new horizons for economic and developmental cooperation, reflecting both sides’ keenness to maximize the»»»

Arab Finance: Cairo International Airport has launched the new official mobile app, designed to serve travelers and facilitate their experience, according to a statement. The app will officially go live for users on May 30th, coinciding with the 63rd anniversary of the airport’s inauguration. It co»»»

Arab Finance: The General Authority for Land and Dry Ports signed a memorandum of understanding (MoU) with Sky Ports to finance, build, and operate a dry port and logistics zone in Borg El Arab, as per a statement. The MoU falls under the directives of President Abdel Fattah El-Sisi to boost cooper»»»

Arab Finance: ABB Egypt participated as a partner in the SwissCham Egypt Gala Evening 2026, as the company marked 100 years of operations in Egypt and reiterated its focus on supporting the country’s industrial and sustainability efforts, as per an emailed press release. The event, hosted by Andrea»»»

Arab Finance: Toyota Egypt Group announced its entry into Egypt’s electric vehicle market with the launch of two fully electric models, the Toyota bZ4X and the Lexus RZ, marking the company’s first move into the local electric mobility segment after 45 years of operations in the country, as per an »»»

Arab Finance: AD Ports Group officially launched cruise operations across its three terminals in Sharm El Sheikh, Hurghada, and Safaga in Egypt, expanding cruise tourism and maritime connectivity along the Red Sea, according to a press release. The group also operated ferry services linking Safaga »»»

Arab Finance: The International Air Transport Association (IATA) said Egypt’s aviation sector has strong long-term growth potential, forecasting passenger demand to grow at an annual rate of 3.4% between 2024 and 2050 under its mid-range scenario, above the global average growth rate of 3.1% over t»»»

Arab Finance: The Saudi Ports Authority (Mawani), in partnership with Folk Maritime and SABIC, has launched the new Red Sea Express container shipping service to King Fahd Industrial Port to boost logistics connectivity, according to the Saudi Press Agency (SPA). With a capacity of up to 1,100 twen»»»

Arab Finance: Infinity, Egypt’s largest electric vehicle (EV) charging network operator, signed a long-term strategic partnership with Option Travel and Green Option, according to an emailed press release. The agreement aims to boost the transition to electric mobility and enhance Egypt’s sustainab»»»

Governor of the Central Bank of Egypt (CBE) Tarek Amer asserted that the Egyptian banking system is very good and strong. Addressing a joint conference of the Arab Banks Federation and the US Federal Reserve in New York, he added that the Egyptian banking system managed to endure several internatio»»»

The Central Bank stated in its directives: “Given the relatively extended Eid holiday period, and to facilitate customers’ money transfers during the holiday, and following coordination with the UAE Banks Federation and the relevant committees, the Central Bank’s domestic funds transfer system will»»»

Egypt has issued an executive regulation allowing the private sector to import natural gas directly, according to a statement from the Prime Minister’s office. Egypt’s parliament last year passed a law establishing a gas regulatory authority that the government hopes will attract greater private se»»»

Iran on Tuesday denounced U.S. strikes a day earlier as a sign of "bad faith and unreliability" as negotiations continue toward a possible deal to end the war. The U.S. military has characterized Monday's strikes in southern Iran as defensive, saying targets included missile launch sites and boats »»»

An Egyptian woman died after falling from the ninth floor of a residential building in Cairo into the building’s shaft, where a handbag was found beside her body after an alleged attempt to rob her friend’s apartment. The bag contained gold jewellery, foreign currencies and electronic devices worth»»»

Leader of Yemen’s Ansarullah revolutionary movement Sayyed Abdul-Malik Al-Houthi has cautioned that Muslim people’s neglect of Palestine is enabling Israeli expansionist agenda. In a message on eve of Eid Al-Adha, Sayyed Al-Houthi offered his warmest greetings to Muslims worldwide on the occasion. »»»

In a significant move to bolster its energy sector, Egypt has announced plans to amplify its daily natural gas production by approximately 30% by the end of 2025. This strategic initiative aims to elevate production levels from the current 4.6 billion cubic feet to an impressive 6 billion cubic fee»»»

A UK-bound EasyJet flight was diverted to Rome after a power bank was found to be charging in a passenger's luggage, it has been revealed, according to BBC. Flight EZY2618 from Hurghada in Egypt to London Luton landed in the Italian capital on Tuesday night as a “precaution.” The airline said the c»»»

By Alaa Abdelwanis Consumer Protection Agency (CPA) called on all consumers to review the value of purchase bills and remain cautious when dealing with auto companies. This warning follows several complaints that when buying cars they received invoices for less than what they actually paid. Within »»»

BY: Ahmad Abu el-Hamd The finance ministry of Egypt said that the budget deficit decreased by 7% on an annual basis from July 2016 to February 2017, according to a recent report. The decrease in the country’s deficit resulted from higher revenues by 22.6% against expenses that grew by 14.2%. Egypt’»»»

Plans by the United States to press on with Gaza’s rebuilding and governance in areas not controlled by Hamas offer a glimmer of hope for the people of this war-shattered territory, even though considerable challenges lie ahead. The decision comes after the international Board of Peace, headed by U»»»

US President Donald Trump said he had shifted a rare cabinet meeting planned for Wednesday at his Camp David retreat to the White House because of bad weather. Also Read: All eyes on Trump’s rare Camp David cabinet meeting amid Iran uncertaintyThe meeting at the secluded lodge in the Maryland hills»»»

QNA Doha Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani held phone calls with Minister of Foreign Affairs of Saudi Arabia Prince Faisal bin Farhan bin Abdullah Al Saud, Deputy Ruler of Abu Dhabi and National Security Adviser of the United Arab »»»

MEO – Said Eweidy, a financial markets analyst, said that the Egyptian businessman Neguib Sawiris sealing the deal to acquire CI Capital, Commercial International Bank’s (CIB) investment banking arm, and merging it with Beltone Financial Holding (BTFH) that he has acquired recently will cut the gro»»»

We followed with great interest the visit of the Saudi Crown Prince Mohammed bin Salman to Egypt, a visit that extended for three active days. President Abdel Fattah El- Sisi accompanied Prince Salman in inspecting several Egyptian national projects, we will analyze here the nature of the Egyptian/»»»

Dubai: US President Donald Trump will gather his full cabinet at Camp David on Wednesday as the White House faces mounting pressure to secure a breakthrough in fragile Iran negotiations and reopen the Strait of Hormuz after fresh US strikes sharply raised tensions. The rare offsite meeting at the h»»»

As Egypt navigates the complex landscape of global energy dynamics, President Abdel Fattah El-Sisi’s meeting with key ministers underscores the nation’s commitment to transforming its energy sector. This strategic shift not only aims to stabilize and enhance the domestic energy supply but also posi»»»

Doha, Qatar: Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani received a phone call with Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates of the sisterly Arab Republic of Egypt HE Dr. Badr Abdelatty. During the call»»»

Doha Prime Minister and Minister of Foreign Affairs of Qatar HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani held a phone conversation with HE Dr Badr Abdelatty, Egypt’s Minister of Foreign Affairs, International Cooperation, and Expatriate Affairs, to discuss bilateral relations and regiona»»»

DUBAI: Karen Wazen has opened the first UAE flagship store for her eyewear label at Dubai Mall, marking a milestone in the regional expansion of her fast-growing fashion brand. The new boutique opened this week in Dubai Mall’s Social District, introducing a permanent retail space for the influencer»»»

US President Donald Trump said Monday it should be "mandatory" for countries including Saudi Arabia, Pakistan, Turkey, Egypt and Jordan to join the Abraham Accords normalising ties with Israel as part of any agreement to end the war with Iran, in a move that could further complicate »»»

The Sheikh Zayed Grand Mosque Centre is preparing to welcome its guests during the Eid Al Adha holiday in an atmosphere that revives the blessed spirit of the occasion and spreads joy among all visitors, amid the expected influx of worshippers attending Eid prayers and daily prayers, as well as vis»»»