Friday, June 19, 2026

AI’s New Arms Race Is Being Funded by Stock, Not Money

Soaring valuations are becoming acquisition currency, reshaping competition as AI giants race to buy talent, technology and market share For...

HKN Energy Enters Syria’s Oil Sector as Damascus Seeks Production Revival

US-based HKN Energy has begun operations in Syria's northeastern Rmeilan oil region under a long-term agreement with the Syrian...

Europe’s Supply-Chain Reset Opens a Strategic Window for Emerging Economies

As Europe seeks alternative suppliers and the world invests in backup trade routes beyond geopolitical chokepoints, a new global...

Nasr Automotive and FAW Forge Partnership to Rebuild Egypt’s Car Industry

Cairo — Egypt's state-owned Nasr Automotive has signed a strategic partnership with China's FAW Group to manufacture a range of...

Trump Pledges Fair Nile Settlement During Talks with El-Sisi

Évian-les-Bains, France — Egyptian President Abdel Fattah El-Sisi and US President Donald Trump held talks on the sidelines of the...

Egypt Expands Nile Delta and Mediterranean Gas Plans with Harbour Energy and Eni

Cairo — Egypt has signed new agreements with Harbour Energy and Eni aimed at accelerating exploration activity, attracting fresh investment...

EGX Broadens Derivatives Market with CIB and TMG Futures

New Contracts Mark Latest Step in Egypt’s Capital-Market Modernisation Drive Cairo — The Egyptian Exchange (EGX) will launch stock futures contracts...

ENPPI Turns Egyptian Engineering Expertise into a Multi-Billion-Dollar Export Business

Cairo — Egypt's Engineering for the Petroleum and Process Industries (ENPPI) has emerged as one of the country's most...

Egypt’s Strategic Value Takes Centre Stage at Évian Summit

The Group of Seven (G7) leaders gathered in the French city of Évian from 15 to 17 June for...

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Top 7 This Week

Fitch Sees Brent at $70 as Hormuz Reopening Reshapes Oil Outlook

Global oil markets are beginning to unwind part of the geopolitical risk premium that drove energy prices sharply higher during the Iran conflict, as...

EGX Mixed as Overseas Investors Rotate Beyond Large Caps

Foreign Buyers Shift Toward Mid-Caps as Stronger Fundamentals Continue to Support Egyptian Assets Cairo — Egyptian equities closed mixed on Tuesday as investors rotated away...

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TMG Expands Regional Footprint with $18.8bn Baghdad Development

Egypt's Talaat Moustafa Group (TMG) has secured an investment licence from Iraq's National Investment Commission and received land allocation...

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AI Becomes Europe’s New Weapon in Africa’s Critical Minerals Race

Artificial intelligence is becoming a critical instrument in the...

Egypt, Eritrea Reaffirm Coordination on Red Sea Security and Horn of Africa Stability

CAIRO — President Abdel Fattah El-Sisi and Eritrean President...

WHO Launches $518 Million Ebola Response Plan

The World Health Organization (WHO) and the Africa Centres...

Orascom Targets East Africa Trade Corridor With New Egypt–Kenya Platform

Orascom Investment Holding is preparing to launch a specialised...

How Many More Lives Must Illegal Migration Claim?

In a recurring tragedy that continues to underscore the...