Tuesday, May 5, 2026

ADNOC Targets $55bn Investment Push to Accelerate Oil Expansion

Abu Dhabi National Oil Company (ADNOC) is set to accelerate its expansion strategy by awarding projects worth AED 200...

Marriott Strengthens Egypt Presence Amid Rising Tourism Demand

Marriott International is expanding its presence in Egypt through a growing pipeline of hotel developments, reflecting rising investor confidence...

Chinese Firms Secure $5bn Abha–Jizan Road Project

Chinese construction firms have secured a major infrastructure project in Saudi Arabia to connect the cities of Abha and...

OPEC+ Boosts June Output by 188,000 bpd in First Meeting After UAE Exit

The OPEC+ has agreed to increase oil production by 188,000 barrels per day (bpd) in June, marking its first...

Egypt Outpaces Peers in Infrastructure and Green Transition, Fitch Says

CAIRO — Egypt is strengthening its position as a regional investment hub, ranking among the top markets in the...

Gold Prices Extend Decline as Global Pressures Spill into Egypt Market

Gold prices continued to weaken today, slipping below $4,580 per ounce in global markets, as investors balanced geopolitical developments...

Egypt Adjusts Gas Pricing for Heavy Industries as Oil Prices Rise

CAIRO — Egypt has increased natural gas prices for energy-intensive industries, reflecting rising global energy costs and ongoing fiscal...

Is Artificial Intelligence a Bogeyman Threatening Human Activity?

A growing wave of debate has emerged around the true nature of Artificial Intelligence (AI): its value, its risks,...

South Lebanon: The War of the ‘Invisible Bee’ -From Tank Hunting to Soldiers’ Attrition”

In the ongoing asymmetric conflict between Israel and Hezbollah- spanning from the First Lebanon War and the forced Israeli...

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Nearly Free Graduate Education in Egypt: But for Whom?

At a time when Egypt is navigating sustained economic pressures, difficult questions must be raised about how public resources are allocated—and whether current spending...

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Egypt to Offer Management of New Alamein Downtown Towers to Local and Global Consortia

Cairo — Egypt is preparing to tender the management and operation of the Downtown Towers district in New Alamein...

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Egypt–South Africa Relations: Brotherhood and Solidarity on a Shared African Path

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East Africa Eyes Joint Refinery as Dangote Signals Investment

Nairobi — East African countries are advancing plans to...

Iraq’s Economic Renaissance: A New Frontier for Investment

As Iraq confronts the challenges of inefficient resource management...

Navigating the Waves: Is Egypt Harnessing its Blue Economy Potential?

In an era where the merger of economic growth...

Global Economic Outlook: Navigating a New Cycle Amid Challenges and Opportunities

The International Monetary Fund (IMF) recently unveiled its latest...