Sunday, May 24, 2026

Egypt Moves to Accelerate Nargis Gas Development in Mediterranean

Egypt has launched drilling operations for a new natural gas well at the Nargis offshore field in the Mediterranean...

Iran War Diplomacy Advances as Trump Signals Progress on Deal

US President Donald Trump stated that a potential agreement with Iran had been “largely negotiated,” with reopening the Strait of Hormuz...

MCIT Pushes AI-Driven Outsourcing Expansion as Foundever Scales Operations

Egypt is accelerating efforts to position itself as a global outsourcing and digital-services hub following discussions between the Ministry...

EGX steadies after volatile week as foreign buying reappears

Cairo — Egypt’s stock market ended the week of 17–21 May 2026 on a relatively firmer note after several volatile sessions, with...

El-Sisi Joins Arab and Regional Leaders in Push for Iran Settlement

President Abdel Fattah el-Sisi joined US President Donald Trump and several Arab and regional leaders in a high-level telephone call aimed at advancing...

IATA Sees Egypt Aviation Growth Outpacing Global Average Through 2050

Egypt’s aviation sector is positioned for stronger-than-average long-term growth, with passenger demand forecast to rise by 3.4% annually between...

Saudi-Egyptian Alliance Targets Tourism and Entertainment Expansion Across Egypt

A new strategic alliance between Sela, a subsidiary of Saudi Arabia’s Public Investment Fund, and Talaat Moustafa Group (TMG) is expected to...

Nasr Automotive Marks Production of Its 1,000th Vehicle

Egypt is stepping up efforts to revive domestic automotive manufacturing as Khaled Hashem visited the industrial complex of Nasr Automotive Manufacturing Company in...

Airbnb Expands Beyond Home Rentals With AI, Hotels, and Social Travel Features

Airbnb, Inc. has unveiled one of the most significant overhauls of its platform in years, introducing artificial intelligence tools, hotel...

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Top 7 This Week

Iran War Deepens Currency Pressures as Oil Prices and Dollar Rise Together

Currencies across several emerging and energy-importing economies have come under mounting pressure following the escalation of the US-Israeli conflict with Iran, as rising oil...

Can Cash-Flow Credit Scoring Reshape Lending in Egypt and the Middle East?

A new partnership between Fair Isaac Corporation and Plaid Inc. to integrate cash-flow data into credit scoring models is drawing growing attention across the global banking sector, potentially...

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Egypt Extends Banking Transfer Deadline for Overseas Property Investors

CAIRO — Egypt has expanded incentives for Egyptians living abroad to invest in domestic real estate through the latest...

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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...