Arab Finance: EFG Hermes, an EFG Holding company, has closed a short-term bond note issuance for Hermes Securities Brokerage, marking the first issuance under the brokerage firm’s newly established fourth short-term bond program with a total size of EGP 10 billion, as per an emailed press release. »»»

MAKKAH: In a display of the care Saudi Arabia lavishes on pilgrims, the General Authority for the Affairs of the Grand Mosque and the Prophet’s Mosque expanded its services this year at the Grand Mosque for elderly pilgrims and those with disabilities, drawing on a combination of on-site facilities»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Israeli warplanes strike southern Lebanese towns of Kfar Houna, Kfar Joz and Mleikh-Lwaizeh: Al-Manar correspondent 27-05-2026 15:40 PM Lat»»»

Seoul: Samsung Electronics union members on Wednesday approved a deal with management securing massive annual bonuses after threatening a major strike, as the global artificial intelligence boom causes the South Korean chip giant's profits to soar. The agreement means that around 78,000 employees f»»»

NEW YORK - Serbian FM Marko Djuric met with Kyrgyz FM Jeenbek Kulubaev on the sidelines of a UN Security Council session on Tuesday. Djuric said Serbia and Kyrgyzstan were "connected by traditionally good and friendly relations" and expressed gratitude for Kyrgyzstan’s "principled and consistent su»»»

Dubai: Sharjah will open tomorrow, Thursday, as Guest of Honour at the fifth edition of the Warsaw International Book Fair 2026, presenting a wide-ranging cultural programme that spotlights Emirati literature, poetry, arts, heritage, and publishing. Held in the Polish capital from May 28 to 31, the»»»

DUBAI: Iran’s state TV said Tehran had obtained a draft of an initial unofficial ‌framework ‌for a memorandum ‌of ⁠understanding with the ⁠United States.Under the framework, Iran would restore ⁠commercial shipping through ‌the ‌Strait of ‌Hormuz ‌to pre-war levels within a month, while the ‌United »»»

PARIS: Iga Swiatek navigated her way into the third round of the French Open on Wednesday with a 6-2, 6-3 success over world number 35 Sara Bejlek. The four-time Roland Garros champion is seeking to reclaim the title she won three times consecutively between 2022 and 2024, before losing out at the »»»

Saudi Arabia’s Ministry of Human Resources and Social Development has launched an investigation after a widely circulated video showed a woman damaging items inside a perfume shop at a shopping mall in the Kingdom. The incident triggered widespread reaction on social media after claims circulated o»»»

The National Institute of Meteorology and Hydrology (NIMH) issued a yellow warning code for a total of 11 Bulgarian regions for Thursday, May 28, where strong winds and hail storms are expected. The map of warning codes for dangerous weather phenomena published on the NIMH website showed a yellow c»»»

As she presented her priorities on Wednesday, Labour and Social Policy Minister Nataliya Efremova said that social payments were secured. “Social payments are guaranteed - pensions, supplements and assistance for people with disabilities, as well as for families and children, will continue to be pa»»»

RIYADH: Saudi Arabia’s delegation participated in the NAFSA 2026 Annual Conference and Expo in the US, with 20 Saudi universities attending under the Council of Universities’ Affairs. The delegation held bilateral meetings with several US universities, including MIT, Stanford, and Yale, to discuss »»»

Ghana welcomes Pope's apology over Catholic Church's role in slavery 9 minutes agoShareSaveAdd as preferred on GoogleThomas Naadi,BBC Africa, AccraandBasillioh Rukanga AFP via Getty ImagesThe Pope described Church's role in slavery as a "wound in Christian memory" Ghana has welcomed Pope Leo XIV's »»»

1 of 2 | Sunil Joseph earned a Guinness World Record for his collection of 858 different paper cups. Photo courtesy of Guinness World Records May 27 (UPI) -- An Indian man with a lifelong passion for collecting earned a Guinness World Record for his collection of 858 different paper cups. Sunil Jos»»»

May 26 (UPI) -- A 98-year-old British World War II veteran officially became the world's oldest wing walker when he stood atop a flying plane in England. Harry Heasman spent more than 9 minutes atop the plane at a height of over 1,000 feet on Saturday at Duxford Airfield in Cambridge. A Guinness Wo»»»

President Lee says Seoul will accelerate wartime operational control transfer while pursuing domestically built nuclear-powered submarines using low-enriched uranium South Korean President Lee Jae Myung (2-R) presides over a defense strategy committee meeting in Changwon, South Gyeongsang Province,»»»

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»»»

Bulgarian Prime Minister Rumen Radev believes that Europe is late with its efforts to begin negotiations with Russia and must make a very rapid reassessment of its strategy and its approach to the conflict with Ukraine. The pursuit of a "peace through strength" strategy and attempts to achieve a "c»»»

BELGRADE - Serbian Parliament Speaker Ana Brnabic will be on an official visit to Spain on Thursday. Brnabic will meet with Senate Speaker Pedro Rollan and Congress Speaker Francina Armengol in Madrid, the National Assembly of Serbia announced in a statement. Brnabic will also meet with a Joint Con»»»

A blaze Wednesday at a kosher supermarket in a north London neighbourhood previously targeted this year in arson attacks was "not believed to be suspicious", the capital's firefighting service said. "The circumstances of the fire are not believed to be suspicious at this time," London Fire Brigade »»»

Regarding Borislav Sarafov stepping down as Head of National Investigative Service and Deputy Prosecutor General, Prime Minister Rumen Radev said it is just the beginning of reforming the judicial system. Radev was speaking at a news briefing prior to a meeting with French President Emmanuel Macron»»»

Sofia Municipality and the Centre for Urban Mobility Wednesday presented the new Sofia2Go mobile app, which integrates public transport cards in Sofia into a phone’s digital wallet via Google Wallet. The service enables travel without a physical card and was developed with Google and NXP. Sofia May»»»

ALKHOBAR: For millions of pilgrims, Hajj is a once-in-a-lifetime spiritual journey. For thousands of workers behind the scenes each season, it is something else entirely: a crash course in pressure, unpredictability and human endurance. Nothing fully prepares first-time Hajj workers for the scale o»»»

A dramatic walkout by minority senators halted proceedings in the Senate of the Philippines late Tuesday. It exposed deepening divisions over proposed rule changes that critics say could benefit lawmakers facing legal trouble, including fugitive Senator Ronald dela Rosa. Get updated faster and for »»»

Dhaka: At least six newborn babies died in the same hospital ward in Bangladesh within hours of each other on Wednesday, said health officials, who launched an investigation. The newborns, aged between one and three days, were in the post-delivery ward of Ad-Din Hospital, a private facility in the »»»

Arab Finance: Kafr El Zayat Pesticides posted an 88.49% year-on-year (YoY) drop in standalone net profits after tax in the first quarter (Q1) of 2026, reaching EGP 11.328 million, compared to EGP 98.466 million, according to the financial results. Earnings per share (EPS) declined to EGP 0.06 in Q1»»»

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»»»

Arab Finance: The standalone net profits of International Company for Investment and Development (ICID) plummeted by 74.04% year-on-year (YoY) to EGP 579,004 in the first quarter (Q1) of 2026, as per the financial results It is worth noting that net profits in Q1 2025 were EGP 2.230 million. Earnin»»»

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: The General Authority for the Suez Canal Economic Zone (SCZONE) signed a $2 million (EGP 104 million) agreement with the Turkish-Egyptian alliance SAI HYDRAULIC to establish a trailer manufacturing project in the Ain Sokhna Integrated Industrial Zone, as per a statement. Located withi»»»

Arab Finance: Minister of Industry Khaled Hashem met with the CEO of GB Auto Karim Gaddas to review the company’s current projects, future expansion plans, and strategy to enhance local manufacturing in the automotive sector, as per a statement. The meeting covered the group’s production capabiliti»»»

Arab Finance: Banque Misr signed a medium-term credit facility worth EGP 2.7 billion with MAC for Mobility Manufacturing, a subsidiary of Mansour Automotive, to finance the construction of a new car assembly plant, according to a press release. The project will be developed in New 6th of October Ci»»»

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 giant cruise ship MSC Euribia, one of the world’s largest passenger vessels, made its first transit through the Suez Canal as part of a southbound convoy after passing through the Bab El-Mandeb Strait, the Suez Canal Authority (SCA) said in a statement. Operated by MSC Cruises and»»»

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 »»»

Arab Finance: President Abdel Fattah El-Sisi inspected construction work at the Giza Pyramids Metro Station in Giza Governorate, part of the first phase of the Cairo Metro Line 4, during a site visit on Tuesday, April 28th, the Egyptian Presidency announced. El-Sisi began his tour by inspecting tun»»»

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: 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: 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: 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: Valu, through its specialized arm Valu Shift, partnered with ElTawkeel.com to launch Egypt's first fully integrated digital automotive e-commerce platform focused on the new car segment, as per an emailed press release. The partnership aims to provide customers with a single platform »»»

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 »»»