Natural gas increased by 60 percent since the beginning of 2016
In a statement to Al-Ahram, Minister of Petroleum and Mineral Resources Tariq Al-Mulla said that Egypt production of natural gas increased by 60 percent since the beginning of 2016, rising from 3.8 billion cubic feet per day to 5.1 billion cubic feet per day. Al Mulla added that the increase came f»»»
UAE seeks to build next generation of Emirati tax experts
Abu Dhabi: Abdulaziz Mohammed Al Mulla, Director General of the Federal Tax Authority (FTA), has reaffirmed the Authority's commitment to increasing reliance on Emirati talent within the tax system. He said the FTA is implementing an integrated strategy to expand the pool of qualified national tax »»»
Iran and FIFA refuse to answer questions about Seattle’s World Cup vs. Egypt
SEATTLE: Before coach Amir Ghalenoei or goalkeeper Alireza Beiranvand answered any questions Thursday ahead of Iran’s World Cup match with Egypt, a FIFA official spoke up. Daniel Marin, FIFA’s executive director of public relations, read a statement in light of the teams meeting in a “Pride Match” »»»
Nigeria's Daya raises $2.4mn to expand stablecoin payment network across Africa
Nigerian fintech startup Daya has raised $2.4mn in a pre-seed funding round to expand its stablecoin-powered cross-border payments platform, underscoring growing investor interest in blockchain-based payment infrastructure serving African businesses. The funding round was led by New York-based digi»»»
Iran and FIFA refuse to answer questions about Seattle’s World Cup vs. Egypt
SEATTLE: Before coach Amir Ghalenoei or goalkeeper Alireza Beiranvand answered any questions Thursday ahead of Iran’s World Cup match with Egypt, a FIFA official spoke up.Daniel Marin, FIFA’s executive director of public relations, read a statement in light of the teams meeting in a “Pride Match” i»»»
Highlights from the SSF 2026 ‘Journey Film’ category
‘Lost Land’ Director: Akio Fujimoto Starring: Shomira Rias Uddin, Muhammad Shofik Rias Uddin Billed as the “first-ever Rohingya-language feature … a haunting, intimate portrait of two siblings fleeing persecution in Myanmar,” the Japanese director’s third feature film follows nine-year-old Somira a»»»
UAE Floating Hospital performs four surgeries for Gaza patients
Al Arish: The UAE Floating Hospital in Al Arish in the Arab Republic of Egypt has performed four specialised surgeries for patients from the Gaza Strip under ''Operation Chivalrous Knight 3'', as part of its ongoing medical and humanitarian efforts to provide specialised treatment and healthcare to»»»
Iran’s knockout hopes on line against Egypt
Doha, Qatar: The final round of Group G fixtures sees Iran face Egypt in a match with major implications for qualification to the Round of 32. With Egypt already through, attention turns to whether Iran can secure a place in the knockout stage. The crucial match will be played on Saturday (6am, Qat»»»
Egypt-European Union ink deal
Egypt and the European Union (EU) signed last Sunday a memo of understanding to improve efficiency in water and agricultural sectors. The memo aims at offering EU’s technical and financial assistance to improve water resources management mechanism in Egypt. Water Resources Minister Hossam Moghazi, »»»
Are youth reviving tourism?
Over the past few years, one of Egypt’s main origins had been depleting, namely tourism. Being a country that is mostly popular for the diversity of its touristic destinations, Egypt typically attracted tourists all yearlong; Upper Egypt was bustling with tourists during the winter while beach dest»»»
UN envoy says Jeddah deal can still anchor future Sudan peace talks, as fears grow over El-Obeid
NEW YORK CITY: The 2023 Jeddah agreement brokered by Saudi Arabia can still serve as a foundation for future Sudan peace talks, the UN’s special envoy for Sudan, Pekka Haavisto, said on Thursday, even as he voiced alarm over an intensifying offensive by the Rapid Support Forces around the city of E»»»
The World Cup is half over, with 54 of 104 matches complete, and the drama is just getting started
FLORIDA, USA: It’s halftime at the World Cup. Take a break, everyone. Wednesday marked the midpoint of the 104-match tournament — technically, just past the midpoint, with 54 matches now in the books and 50 remaining before a World Cup champion are crowned in East Rutherford, New Jersey, on July 19»»»
Algeria, Nigeria offer biggest opportunities in Africa for low-cost methane emissions cuts, report finds
Africa's key oil and gas producers could cut methane emissions at relatively low cost using existing technologies, with Algeria and Nigeria offering the largest opportunities for reductions, according to a new report by Carbon Limits for the Clean Air Task Force (CATF). The study assessed Algeria, »»»
China’s Strategic Investment in Egypt: A $10 Billion Boost to Phosphate Fertilizer Industry
The Chinese Ambassador to Cairo, Liao Liqiang, announced an ambitious investment by a Chinese company, Asia Potash, aiming to establish a major industrial complex for phosphate fertilizer production. The initial investment of US$1.6 billion is set to expand to a total of $10 billion, targeting an i»»»
Egypt overhauls nitrogen fertilizer export levy, exempts high-grade ammonium nitrate
CAIRO: Egypt has revamped its export tax regime for nitrogen fertilizers, replacing a fixed export tax with a 10 percent ad valorem duty on all nitrogenous fertilizer exports, while exempting high-purity ammonium nitrate, according to a decision published in the Official Gazette on Thursday. The»»»
Press Review - UK report uncovers 'biggest childbirth scandal' in NHS history
PRESS REVIEW – Thursday, June 25: UK papers discuss the Nottingham maternity care scandal. Next: is there going to be another heatwave in Europe this summer? Also: the Euclid telescope took extraordinary photos of the Milky Way. Finally, Taylor Swift and Travis Kelce's upcoming wedding is getting b»»»
Egypt Explores New Debt Swap Strategies
Egypt is considering innovative debt swap agreements aimed at promoting clean energy and human development. During an interview at the World Economic Forum, Egypt’s Minister of Finance, Ahmed Kouchouk, revealed ongoing discussions with international partners to implement these swaps, though specifi»»»
Egypt, China’s SANY sign MoU for 1st wind turbine factory, 2GW project
RIYADH: Egypt and China’s SANY Group has signed a memorandum of understanding to develop the country’s first wind turbine manufacturing facility and a 2-gigawatt wind power project in the North Gulf of Suez region. The agreement, inked on Egypt’s behalf by the Egyptian Electricity Transmission Co. »»»
Saudi Arabia’s trade surplus more than doubles in April to $6.8bn
RIYADH: Saudi Arabia’s trade surplus more than doubled to SR25.43 billion ($6.79 billion) in April as rising oil exports and lower imports strengthened the Kingdom’s external balance, official data showed. The surplus increased 100.8 percent from a year earlier, according to preliminary data releas»»»
Deal total signed with Global South at SPIEF likely tops $100bn
This year’s St Petersburg International Economic Forum (SPIEF), Russia’s premier investment conference, was considered a flop as few international companies bothered to make the trip. However, thousands of delegates flocked to the northern capital from the Global South as the third stage of Russian»»»
Elsewedy Electric Invests $200m to Build an Integrated Metals Manufacturing Hub
CAIRO — Elsewedy Electric will invest more than $200 million in three strategic industrial projects in Egypt aimed at expanding domestic production of copper and aluminium products, strengthening industrial supply chains and increasing export-oriented manufacturing as global demand for critical ind»»»
2016/2017 budget targets a 5% economic growth rate
Finance Minister: The state is committed to its main role in providing social justice and protection Egypt has a promising economy with abundance of resources and potentials The government’s economic policies, in coordination with the central bank, seek to control inflation rates gradually: Through»»»
Egyptian Banks Thrive, Brand Value Rises and Digital Banking is shaping Africa’s Future
Egypt’s banking sector has recorded an impressive 8% growth in brand value, positioning itself among Africa’s leading financial markets. According to Brand Finance’s Top 500 Banking Brands 2025 report, this growth contributes to Africa’s overall 22% rise in brand value, outperforming North America »»»
ARP to attend 8th Conference of Arab Parliament and Speakers of Arab Councils and Parliaments, June 27 in Cairo
Tunis, June 24 (TAP) - The Assembly of People's Representatives (ARP) will partake in the 8th Conference of the Arab Parliament and Speakers of Arab Councils and Parliaments, due June 27 in Cairo (Egypt). The conference will discuss critical...»»»
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»»»