Improving Egypt’s global mining ranking is a strategic priority to attract investment, Badawi says
mproving Egypt’s ranking in global mining investment indices is a strategic priority to boost investor confidence and attract international funding, the petroleum and mineral resources minister said. Minister Karim Badawi made the remarks during the first executive committee meeting for the Egypt M»»»
Egypt, Iran face crunch World Cup game in shadow of geopolitics
SEATTLE, USA: Egypt and Iran both go into their final group game on Friday with good chances of progress, but geopolitical tensions between Iran and co-hosts the United States loom large over the match. A first World Cup win for seven-times African champions Egypt, 92 years after their debut, put t»»»
Egypt signs MoU to establish first wind turbine factory, 2 GW wind farm in Gulf of Suez
Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a memorandum of understanding (MoU) to establish Egypt’s first wind turbine manufacturing plant and develop a 2-gigawatt (GW) wind power project in the Gulf of Suez, marking a significant step towards localising renewable energy tech»»»
Polish companies explore new investment opportunities in Egypt’s agricultural sector
Representatives of several Polish companies have expressed interest in making new investments in the Egyptian market and capitalising on the country’s attractive investment climate and ongoing agricultural development projects. The interest was highlighted during a meeting between Alaa Farouk, Egyp»»»
Syrian, Egyptian officials discuss investment and reconstruction opportunities
Damascus, June 24 (SANA) Head of the Federation of Syrian Chambers of Commerce, Alaa al-Ali, discussed investment opportunities in reconstruction projects and various investment sectors with Mohamad Omar Abdel Aziz El-Feky, chargé d’affaires of the Embassy of the Arab Republic of Egypt in Damascus,»»»
Qatar Foundation advances global dialogue on supporting families, digital protection for children, and youth leadership at UN Human Rights Council
Geneva, Switzerland: Global dialogue on supporting families amid conflict, safeguarding children against the risks posed by the digital age, and nurturing young leaders in humanitarian law has been led by Qatar Foundation and its partners on the United Nations stage in Switzerland. The 62nd Session»»»
Gasic congratulates Serbia's future defence attaches
BELGRADE - Serbian Defence Minister Bratislav Gasic on Wednesday congratulated Serbian Armed Forces officers who are to assume the duties of Serbian defence attaches in Algeria, Egypt, India, Indonesia, Germany, Romania and the UK, and noted that the responsible and honourable duties required a hig»»»
Cairo Design Week returns for fourth edition in November
DUBAI: Cairo Design Week will return for its fourth edition from Nov. 19 to 28, following the success of its 2025 event, the organizers announced recently. The annual event will bring together designers, brands, creative institutions, cultural organizations and design enthusiasts from Egypt, the Mi»»»
Egypt inks 8 cooperation deals with AFD, EU, French firms in health, education, green industry Arab Finance For Information Technology
Arab Finance: Egyptian ministries and agencies have signed eight cooperation agreements and memoranda of understanding (MoUs) on June 24th with the French Development Agency (AFD), the European Union (EU), and several French companies, covering healthcare, education, technical training, green indus»»»
Egypt’s El-Dafrawy to take on Australia’s Martinez at PFL New York
DUBAI: The Professional Fighters League has added a welterweight bout to its July 31 card in New York, pairing Egyptian PFL MENA champion Omar “God First” El-Dafrawy against Australian veteran David “The Smiling Assassin” Martinez at UBS Arena in Elmont, Long Island. PFL New York is headlined by un»»»
El Gouna launches SIBA Residential Development with multi-architect design concept Arab Finance For Information Technology
Arab Finance: El Gouna Red Sea, the year-round destination developed by Orascom Development Egypt, has launched SIBA El Gouna, a new residential development that introduces a multi-architect design approach while building on the town’s longstanding focus on low-density, human-scale living, as per a»»»
US relaxes World Cup travel limits on Iran team
The US has eased travel restrictions on Iran’s national football team at the 2026 World Cup after Tehran protested what it called unequal treatment. Iran’s delegation will leave its base camp in Tijuana, Mexico on Wednesday and travel to Seattle ahead of Friday’s Group C match against Egypt, accord»»»
EGX Falls as Stamp-Duty Approval Tests Market Liquidity
Foreign and Arab investors remain buyers, but large-cap weakness pulls benchmark below 52,000 points Cairo — Egyptian equities fell sharply on Tuesday as parliament’s approval of amendments to the stamp-duty regime added a new test for market liquidity, pushing the benchmark EGX30 below the 52,000-»»»
Egypt’s Path to $20bn Annual FDIs and $140bn in Exports by 2030: Expert Insights and Strategic Roadmap
In a bold statement, Prime Minister Mostafa Madbouly outlined Egypt’s ambitious targets to attract over $20 billion in Foreign Direct Investments (FDIs) annually and elevate exports to more than $140 billion by the year 2030. “This is an achievable dream,” Madbouly confidently remarked during a rec»»»
EGX30 Surges Over 1% as Egyptian Exchange Sees Active Trading
The Egyptian Exchange (EGX) concluded the trading week predominantly in positive territory, with the benchmark EGX30 index climbing by 1.05% to settle at 31,677.58 points on Thursday. This performance reflects a bolstered investor sentiment, driven by strong foreign participation. The market’s tota»»»
On This Day, June 24: Isner defeats Mahut in longest tennis match - UPI.com
On June 24, 2010, John Isner defeated Nicolas Mahut in a first-round match played over three days at Wimbledon. 1 of 2 | A victorious John Isner (L) and Nicolas Mahut (R) stand in front of the scoreboard after Isner won the longest tennis match in history in the final set 70-68 on court 18 on the f»»»
Turkey’s foreign minister meets Trump’s co-in-law 'fixer' in Cairo
Turkey’s foreign minister Hakan Fidan met with Donald Trump’s co-in-law Massad Boulos in Cairo, the Turkish ministry (@TC_Disisleri) said in a tweet on June 21. Fidan was in Cairo during June 20-21 to attend the fourth meeting of the top diplomats of Turkey, Egypt, Pak»»»
UK, Indian, Australian and Egyptian buyers led betterhomes’ latest data
Dubai: British nationals were the top buyers of Dubai property ahead of Indian, Australian and Egyptian buyers, as international demand continues to support the emirate’s residential market despite tighter bank checks and a more selective lending environment. Sign up for our daily business newslett»»»
Local World Cup fans wave many flags in multicultural Houston
HOUSTON: World Cup fever has a distinctly international flavor for residents in Houston, where an estimated third of the population was born outside the US and some 145 languages are spoken in one of the country’s most diverse cities. The fourth-largest US city has dialled up full party mode for t»»»
US eases restriction on Iran’s World Cup team, allowing travel 2 days before next match
WASHINGTON: The US is easing its restrictions on Iran’s World Cup team, allowing the squad to travel into the country two days before their next match, the US Department of Homeland Security said Tuesday. The team will still be required to leave after Friday’s match in Seattle, a department spokesp»»»
Simon Zereci Appointed Director General of Albania’s Republican Guard
Simon Zereci has been appointed Director General of Albania’s Republican Guard, according to an official announcement issued under the provisions of Law No. 33/2021 on the Republican Guard of Albania. Zereci assumes the position after a period of leadership changes within the institution following »»»
Egypt, Coca-Cola explore renewable-energy-powered agricultural drainage water treatment project
Egypt’s Ministry of Water Resources and Irrigation and Coca-Cola have discussed a potential project to treat and desalinate agricultural drainage water using renewable energy, as part of efforts to enhance water sustainability and expand non-conventional water resources. The ministry said Water Res»»»
Health Minister reviews hospital upgrades, launches Ismailia Cancer Hospital
Egypt’s Health Minister Khaled Abdel Ghaffar reviewed ongoing development projects at state-run teaching hospitals and institutes, stressing the need to accelerate construction and modernisation efforts to expand specialised healthcare services and improve quality of care. The Health Ministry said »»»
Electricity minister reviews progress on Dabaa nuclear power plant
Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with Sherif Helmy, Chairperson of the Nuclear Power Plants Authority (NPPA), and Osama El Metbouly, Head of the Ministry’s Security Sector, to review implementation of the physical protection plan, developments related to the security»»»
Barcelona sign Egypt forward Abdelkarim until 2029
BARCELONA: Barcelona have signed Egypt forward Hamza Abdelkarim on a three-year deal, the LaLiga club said in a statement on Tuesday. The 18-year-old international joined Barcelona on loan from Al Ahly in the winter transfer window, with a purchase option at the end of the season. Abdelkarim »»»
Saudi Arabia and Egypt are set to build their first satellite together after Cabinet approval in Riyadh
Dubai: Saudi Arabia has approved plans to design and build its first jointly developed satellite with Egypt, ushering in a new era in space cooperation between the two Arab nations as the Kingdom expands its ambitions in advanced technologies and strategic industries. The initiative was approved by»»»
Turkey’s foreign minister meets Trump’s co-in-law 'fixer' in Cairo
Turkey’s foreign minister Hakan Fidan met with Donald Trump’s co-in-law Massad Boulos in Cairo, the Turkish ministry (@TC_Disisleri) said in a tweet on June 21. Fidan was in Cairo during June 20-21 to attend the fourth meeting of the top diplomats of Turkey, Egypt, Pak»»»
Egypt seeks to expand wheat imports, storage ties with Poland
CAIRO: Egypt is discussing increasing wheat imports from Poland as part of efforts to diversify sources of strategic commodities and bolster food security, the supply ministry said on Tuesday. Supply Minister Sherif Farouk met Polish Secretary of State Małgorzata Gromadzka in Cairo to discuss co»»»
Ora Developers brings Crimson, Tipsy Camel, and Elevate Gym to Silversands North Coast Arab Finance For Information Technology
Arab Finance: Ora Developers Egypt has signed agreements with Crimson, Tipsy Camel, and Elevate Gym to begin operations along the beachfront at Silversands North Coast, marking a new phase in the activation of the destination’s beachfront facilities, as per an emailed press release. Crimson will op»»»
EGX Eases as Foreign Buyers Stay Active and Futures Trading Begins
Cairo — Egyptian equities slipped on Monday after opening the week higher, as investors locked in gains while foreign buying remained positive and the launch of single-stock futures added a new layer to Egypt’s developing capital markets. The benchmark EGX30 fell 0.18% to 52,585.72 points, after ri»»»
Dana Gas gets Egypt dues cleared as new well beats forecast
Dubai: Dana Gas said Egypt has settled all overdue receivables and returned to full, timely payments, giving the Sharjah-based natural gas company fresh confidence to continue investing in the country after a new well delivered better-than-expected results. Sign up for our daily business newsletter»»»
Egypt approves 2026/27 budget, economic development plan
RIYADH: Egypt’s budget for the next fiscal year has received final approval by the country’s House of Representatives, along with the Economic and Social Development Plan and the medium-term plan through 2029/30. Finance Minister Ahmed Kouchouk explained that the budget targets revenues of approxim»»»
MIDAR, Majid Al Futtaim to develop $3.1B mixed-use project in New Cairo’s Mada City Arab Finance For Information Technology
Arab Finance: Egyptian master developer MIDAR and Emirati-owned lifestyle conglomerate Majid Al Futtaim have signed a strategic partnership to develop a mixed-use urban project in New Cairo's Mada City, with an initial development value exceeding $3.1 billion, as per a statement issued by the Egypt»»»
SCZONE allocates Port Said land to Egytrans NOSCO-linked Nafith Egypt for logistics yard project Arab Finance For Information Technology
Arab Finance: Egytrans NOSCO disclosed that the General Authority for the Suez Canal Economic Zone (SCZONE) allocated a 114,000-square-meter plot of land to Nafith Egypt, in which Egytrans holds a 30% stake, for 25 years regarding its EGP 200 million logistics yard project for organizing and direct»»»
On This Day, June 23: Thai soccer team becomes trapped in flooded cave - UPI.com
On June 23, 2018, 12 members of a teenage soccer team and their coach became lost and trapped inside a flooded cave in northern Thailand. 1 of 5 | Members of the Royal Thai Navy along with volunteers from Britain, the United States, Australia, and China, are pictured as they prepare to rescue 12 sc»»»
Salah leads Egypt to first-ever World Cup win, sends Pharaohs to top of Group G
Doha, Qatar: Mohamed Salah inspired Egypt to a historic first FIFA World Cup victory as the Pharaohs came from behind to defeat New Zealand 3-1 at BC Place Stadium yesterday, moving to the top of Group G and within touching distance of a place in the knockout stage. The victory marked a landmark mo»»»
US companies to increase investments in Egypt
Minister of Investment and International Cooperation Sahar Nasr met on Friday with representatives of General Electric, AbbVie pharmaceuticals, Johnson, Cargill, Merck & Co. pharmaceutical company, ExxonMobil, Kellogg food manufacturing company, JPMorgan Chase bank, and Mastercard, a statement »»»
SABIS: Internationally Accredited Education in the UAE & Gulf
With an established presence in 21 countries across five continents, SABIS stands as a leading provider of high-quality, internationally recognized education. Across the UAE and the wider Gulf, this global network translates into a consistent, results-driven approach that equips students with the k»»»
Egypt detains hundreds near the Sudan border in a crackdown on illegal gold mining
CAIRO: Egyptian security forces detained hundreds of people, including foreigners, on the country’s border with Sudan, accusing them of illegal gold mining and smuggling, the military said Monday. Egypt’s southern region is rich with gold mines and the government has launched big mining projects th»»»
Egypt’s World Cup Awakening: Why One Victory Means Far More Than Three Points
A night that a nation had been waiting nearly a century to celebrate For generations of Egyptians, the FIFA World Cup has been a stage of dreams rather than triumphs. Since Egypt became the first African and Arab nation to appear at the tournament in 1934, World Cup campaigns have largely been stor»»»
Arab League confirms Egyptian diplomat Nabil Fahmy as secretary general
CAIRO: The Arab League on Monday confirmed Egyptian veteran diplomat Nabil Fahmy as its new chief during a meeting of foreign ministers in Amman, a statement said. Fahmy’s five-year term as secretary general is to begin at the start of July, succeeding Ahmed Aboul Gheit who served two consecutive t»»»
Cafés, gyms and childcare centres may soon open inside Saudi parks
Dubai: Saudi Arabia is considering a major expansion of commercial and community activities within public parks, under proposed regulations designed to boost neighbourhood economies, enhance quality of life and support the Kingdom's Vision 2030 objectives. The Ministry of Municipalities and Housing»»»
Prime Minister and Minister of Foreign Affairs holds phone call with Egyptian Foreign Minister
Doha, Qatar: Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani held a phone call with Minister of Foreign Affairs, International Cooperation, and Egyptians Abroad of the Arab Republic of Egypt HE Dr. Badr Abdelatty. At the outset of the call, HE t»»»
CBE, COMESA Clearing House hold workshop to promote REPSS
The Central Bank of Egypt (CBE), in cooperation with the COMESA Clearing House (CCH), hosted a sensitisation workshop on the Regional Payment and Settlement System (REPSS). The workshop was held with the participation of representatives from banks operating in Egypt, CBE officials from the Banking »»»
Foreign governments express solidarity with Qatar over Ras Laffan Industrial City incident
Doha, Qatar: Qatar has received widespread expressions of solidarity and condolence from governments and diplomatic missions following the incident at the Barzan local gas supply facility in Ras Laffan Industrial City. The incident, which occurred during operational activity, resulted in fatalities»»»
SABIS expands internationally accredited school network across UAE, Gulf
With an established presence in 21 countries across five continents, SABIS stands as a leading provider of high-quality, internationally recognized education. Across the UAE and the wider Gulf, this global network translates into a consistent, results-driven approach that equips students with the k»»»
Egypt expresses solidarity with Qatar following Ras Laffan factory explosion
Cairo: The Arab Republic of Egypt affirmed Monday its full solidarity with the State of Qatar, following the incident that occurred at a factory in the Ras Laffan Industrial City, and the resulting injuries. In a statement, Egypt's Ministry of Foreign Affairs stressed that Egypt stands with the Sta»»»
Pakistan at the Center of US-Iran Peace Talks in Switzerland
The first round of US-Iran talks in Switzerland is now complete. The takeaways: a joint statement, a coordinated roadmap, and a clear division of roles. Pakistan served as the lead mediator, with Qatar in a supporting capacity. Meanwhile, the R-4 nations met in Cairo to consolidate regional backing»»»
Iran leaves message of peace after World Cup draw in Los Angeles
LONDON: The Iran national football team left a handwritten message calling for peace and friendship after their World Cup group-stage match against Belgium in Los Angeles on Sunday. The note, left in the dressing room following the goalless draw, thanked the city for its hospitality and paid tribut»»»
EGX Gains as Foreign Capital Returns Across Debt, Equities and Futures
Cairo — Egyptian equities began the new trading week in positive territory as foreign investors continued to increase exposure to Egyptian assets, while the launch of the country’s first single-stock futures contracts added momentum to a broader transformation underway across capital markets. The b»»»