Sukuk market liquidity shows signs of recovery amid ongoing conflict: Fitch Ratings
RIYADH: The liquidity levels of most Fitch-rated sukuk are improving, signaling a gradual stabilization in the Islamic bond market following disruptions caused by the Iran war, according to the credit rating agency. In its latest report, Fitch Ratings warned that sukuk liquidity has not recovered t»»»
Aspetar provides medical support to Arab national teams at FIFA World Cup 2026
Doha, Qatar: Aspetar Orthopaedic and Sports Medicine Hospital, a FIFA Medical Centre of Excellence, continues to play a central role in supporting Arab national teams competing at the FIFA World Cup 2026, taking place from June 11 to July 19 across the United States, Mexico and Canada. As part of i»»»
The World Cup may be played in North America, but Gulf businesses could still win
Dubai: The 2026 FIFA World Cup is set to give the Arab world its biggest stage yet, with a record eight teams from the region qualifying for the tournament across the US, Canada and Mexico. World Cup 2026 wall chart: Download it free with fixtures and full scheduleSaudi Arabia, Qatar, Jordan, Moroc»»»
Egypt urges US, Iran to seize ‘available opportunity’ for deal after Trump cancels strikes
CAIRO: Egypt urged the United States and Iran to seize what it called an “available opportunity” for a deal to end the war, after President Donald Trump withdrew his threat to carry out further strikes on Tehran. Cairo’s foreign ministry said in a statement late Thursday it hoped “the available opp»»»
Egypt steps up to confront Radicalism.
BY: Sherif Abdel Ghaffar “They don’t represent Islam!” It is not acceptable, anymore On July 26, 2017 Egypt’s President Abdel Fattah El Sisi decreed the formation of The Supreme Council for Combating Radicalism and Terrorism. An action that some might look at with skepticism while others might hold»»»
Qatar reaffirms readiness to advance lasting M-E peace with UN, partners
QNA New York The State of Qatar reaffirmed its readiness to work closely with the UN Security Council and all international partners to strengthen dialogue and mediation efforts aimed at achieving lasting peace in the Middle East, while continuing to expand its bilateral and international humanitar»»»
Largest ever natural gas field in Egypt
The Italian energy company Eni SpA announced Sunday 30th of August that it has discovered a “supergiant” natural gas field off Egypt, describing it as the “largest-ever” found in the Mediterranean Sea. The news came a day after Eni CEO Claudio Descalzi met in Cairo with Egyptian President Abdel-Fat»»»
Oman launches initiative at UN that aims to combat hate speech, genocide and its incitement
NEW YORK CITY: Oman brought its vision of civilizational coexistence to the UN headquarters in New York on Thursday with the formal launch of the Muscat Plan of Action, a global framework that places traditional and indigenous leaders at the center of efforts to counter hate speech and prevent atro»»»
Iran war poses Middle East’s biggest economic shock in five decades
RIYADH: The Iran war has delivered the broadest economic shock to the Middle East and North Africa in at least half a century of regional upheaval, according to an analysis produced by Asharq Business with Bloomberg. Its report, based on analyzing International Monetary Fund data dating back to 198»»»
Iran war poses Middle East’s biggest economic shock in five decades
RIYADH: The Iran war has delivered the broadest economic shock to the Middle East and North Africa in at least half a century of regional upheaval, according to an analysis produced by Asharq Business with Bloomberg. Its report, based on analyzing International Monetary Fund data dating back to 198»»»
Russian industrial zone to be built under usufruct right– SCZone
Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Ahmed Darwish said that a Russian industrial zone in Eastern Port Said will be built under a usufruct right for 50 years. “The Suez Canal Economic Zone has come a long way in the negotiations with the Russian developer, whi»»»
Trump calls off Iran strikes, touts imminent peace deal
US President Donald Trump withdrew his threat to launch a more devastating wave of bombings against Iran on Thursday and promised instead that he would soon be able to announce the signing of a deal with Tehran to end the war. As the World Cup opening ceremony got underway in Mexico, Trump posted n»»»
Trump cancels new Iran strikes, announces 'approved' peace deal - UPI.com
President Donald Trump on Thursday announced that he had cancelled planned airstrikes on Iran after the regime, along with other regional stakeholders, had reached a peace deal -- an agreement that Iran later denied it has reached. Photo by Samuel Corum/UPI | License Photo June 11 (UPI) -- Presiden»»»
Report: Trump said Iran deal imminent after 'gaps narrowed' between US, Iran
U.S. President Donald Trump announced that he canceled planned strikes against Iran on Thursday and claimed Iran's leadership "approved" a draft agreement that would extend the ceasefire, reopen the Strait of Hormuz and launch 60 days of negotiations on Iran's nuclear program. Trump has claimed an »»»
Trump cancels planned bombing of Iran
Washington US President Donald Trump reverses course and calls off major US strikes on Iran that he had announced just hours before for Thursday evening. Writing on his Truth Social platform, Trump said since discussions with Iran "have been brought to the highest level of Iranian leadership and ap»»»
Trump cancels strikes against Iran planned for Thursday evening
WASHINGTON: US President Donald Trump said he hascanceled planned strikes against Iran on Thursday, hours after threatening more bombings and a desire to “take” oil export hub Kharg Island. “Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highes»»»
G7 allies seek to bridge divide with Trump at France summit
PARIS: Leading European nations and their G7 allies will seek to narrow differences with Donald Trump at a summit from Monday chaired by French President Emmanuel Macron but expected to be dominated by the US leader’s presence. Leaders will be looking to put the fizz back into relations with the Un»»»
Aspetar provides comprehensive medical support to Arab national teams at FIFA World Cup 2026
Aspetar Orthopaedic and Sports Medicine Hospital, a FIFA Medical Centre of Excellence, continues to play a central role in supporting Arab national teams competing at the FIFA World Cup 2026, taking place from 11th June to 19th July across the United States, Mexico and Canada. As part of its ongoin»»»
Arab Powers Mull Regional Security Alliance - Jordan’s Ex-Minister
Some countries in the Middle East are advancing proposals to forge a regional alliance involving Jordan, Egypt, Saudi Arabia, and Qatar, aimed at preventing further regional turmoil, Jordan's former Minister of Social Development and political science professor Amin Al-Mashaqba tells Sputnik. The g»»»
Egypt Signs Deal to Transfer Shares in Wataniya 172 Fuel Stations to Taqa Arabia
Egypt signed an agreement on Thursday with Taqa Arabia to transfer ownership of a stake in 172 state-owned Wataniya fuel stations through a newly established company, Quick Fuel, according to a cabinet statement. Under the agreement, Taqa Arabia will acquire a 10% stake in Quick Fuel and will als»»»
Hormuz Shock Hits Gulf Economies, Saudi Arabia Takes Center Stage in 2026
The global economy is entering an extremely sensitive phase in 2026 amid escalating geopolitical tensions in the Middle East, which have cast a heavy shadow over the fragile global recovery and reshaped the global credit and financial landscape. At the heart of these turbulent developments, Gulf Co»»»
Standard Chartered Forecasts EGP49 Dollar Rate by the end of 2026
CAIRO — Egypt’s economic outlook received a vote of confidence from Standard Chartered, which expects the Egyptian pound to strengthen to around EGP49 per US dollar by the end of 2026, supported by ongoing economic reforms, resilient capital inflows and easing external pressures. The forecast, high»»»
Egypt extends customs facilitation measures for transit shipments by 6 months Arab Finance For Information Technology
Arab Finance: Egypt has approved a six-month extension of exceptional customs facilitation measures for transit shipments passing through its ports, Minister of Finance Ahmed Kouchouk announced. Per the decision, transit shipments will continue to be cleared through Egyptian ports without requiring»»»
Qatar reaffirms readiness to advance lasting Middle East peace with UN, partners
New York The State of Qatar reaffirmed its readiness to work closely with the UN Security Council and all international partners to strengthen dialogue and mediation efforts aimed at achieving lasting peace in the Middle East, while continuing to expand its bilateral and international humanitarian »»»
Polaris Parks launches residential arm Polaris Homes Arab Finance For Information Technology
Arab Finance: Polaris Parks, a developer of industrial parks in Egypt, has launched Polaris Homes, its residential real estate development arm, with the introduction of its first projects, Özel Villas and Özel Residences, in Sheikh Zayed City, as per an emailed press release. The move marks the com»»»
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»»»