Sunday, May 3, 2026

US $8.6bn Arms Push Signals a Networked Defence Shift

 U.S. Department of State has approved military sales exceeding $8.6 billion to key Middle Eastern partners, invoking emergency provisions...

New Alexandria Discovery Reveals Layers of Urban Life from Ptolemaic to Byzantine Eras

Cairo — Egypt’s Ministry of Tourism and Antiquities has announced a new archaeological discovery in the Moharram Bek district...

Egypt Announces New Nile Delta Gas Discovery at Nidoco N-2 Well

Cairo — Egypt’s Ministry of Petroleum and Mineral Resources has announced a new natural gas discovery at the Nidoco...

Hormuz Shock: UK Food Supply Chains Strained by Energy Disruption

The United Kingdom is facing rising risks of food shortages and price increases as disruptions linked to tensions around...

Egypt’s Eid Al-Adha Film Season Set for Record Box Office Showdown

 By : Ahmed Fawzy Egyptian cinemas are preparing for one of the most competitive Eid al-Adha seasons in recent years,...

Egypt Jobs: Unemployment Falls to 6.3% in 2025 as Labour Force Expands

CAIRO — Egypt’s unemployment rate declined to 6.3% in 2025, down from 6.6% in 2024, reflecting a modest improvement...

Egypt–World Bank Align on FDI Strategy as Growth Target Set at 5.4%

CAIRO — Egypt is accelerating efforts to attract foreign direct investment (FDI) and deepen private sector participation, as the...

Chinese Investment: $2bn Logistics City Proposed in Egypt’s Suez Economic Zone

CAIRO — Chinese investors have proposed a $2 billion logistics and international trade city in Egypt’s Suez Canal Economic...

US Dollar Prices Approach EGP 54 Amid Sharp Mid-Session Jump

The US dollar surged sharply against the Egyptian pound in mid-session trading on Thursday, nearing the EGP 54 level,...

The Middle East Observer

Each story in our ever growing library can be accessed through our membership program. Subscribe and receive instantaneous and unlimited access!

spot_img

Top 5 This Week

Morocco Could Expand Economy by 20% by 2035 with Reforms, World Bank Says

Morocco could expand its economy by up to 20% by 2035 if it accelerates structural reforms to boost competition, private investment, and labour market...

Our Authors

Don't Miss

Real-estate

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...

Economics

Tenders

Recommended Articles

Recommended

Africa

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

Each year on 27 April, Freedom Day stands as...

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...