Russia's war against Ukraine has exposed our European dependency on Russian fossil fuels, and we want to get rid of this dependency," European Commission President von der Leyen said.

Jordan and Egypt held a meeting Monday to discuss mutual cooperation in the field of establishing, operating and developing logistic areas. The two nations had signed a cooperation deal on the sidelines of the 30th session of the Joint Jordanian-Egyptian Higher Committee in February 2021 in Cairo. The virtual meeting...

FAB's Egypt assets will operate under the new brand "FABMISR".

The Saudi firm plans to invest $91m in Egypt.

In a 500-year-old stone theatre in the Egyptian capital, two young dervishes spin ceaselessly. Slowly, then all at once, they are consumed in a flurry of vivid fabrics.

The facility, to be located in the 10th of Ramadan city, will be built over an area of 150,000 sq. meters, according to a Cabinet statement.

The UAE wants to boost cooperation with Egypt and Jordan in the financial sector in order to achieve sustainable growth in the region, according to Khaled Mohamed Balama, the Governor of the CBUAE.

The first international conference by Egypt's Salam Center for Studies of Extremism began in Cairo, with the participation of delegations from more than 42 countries. The participants include senior religious leaders, ministers and representatives of fatwa houses worldwide. The conference, which will continue till June 9, aims to discuss the...

The Central Bank of Egypt said that the net cash reserve balance covers five months of commodity imports

Amman Chamber of Commerce (ACC) said that the total value of exports during the January-May period 2022 amounted to JD339 million, compared to JD248 million for the first five months last year. According to the ACC's statistical data announced on Sunday, the number of ACC certificates of origin issued during...

Moses Elhy met with the Indian ambassador to Egypt on Wednesday to discuss the potential swap agreement for 500,000 tons of wheat.

Less than a week after the signing of the Industrial partnership for Sustainable Economic Growth, ministers from the UAE, Egypt and Jordan have met for the first time to discuss a roadmap for taking the new partnership forward.

Grubtech’s entry into Egypt’s $22 billion food service industry highlights its rapid growth since being established less than three years ago.

Egypt is expecting to rake in $3.5 billion in revenues from the Suez Canal during the first half of 2022, according to Osama Rabie, the chairman of the Suez Canal authority. 

The decision to bring some relief to people follows in light of the high prices of vegetable oils globally.

Egypt has set its eyes upon doubling exports to $100 billion in the next few years, and building a 'strategic stockpile' of all major commodities to cope with emergencies. Speaking to media Mostafa Madbouly, Prime Minister of Egypt, said : "Today, we witness, through the launch of Industrial partnership for...

The countries allocated a US$10bn investment fund, to be managed by ADQ Holding, to accelerate the partnership objectives.

Donning Liverpool jerseys, Egyptian soccer fans cheered "Mo Salah! Mo Salah" even as they struggled to hide their disappointment over the Reds' loss to Real Madrid in the Champions League final.

Saudi Arabia's crown prince expects to travel to Turkey next month, a Saudi official told AFP Wednesday. The trip by Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, will also include stops in Egypt, Cyprus and Greece, said the official, who requested anonymity because he was not permitted...

Gold consumption in the GCC region reached 47 tons in the first quarter of 2022, up 18 percent from the prior year. UAE consumption reached 12.50 tons in Q1 2022.

It is often women who are now playing the goblet-shaped traditional drum, an early version of which has been found in the ancient temple of the Goddess Hathor.

The General Assembly of the Arab Administrative Development Organization (ARADO) renewed the presidency of Saudi Arabia for the organization's Executive Council for the period 2022-2024. The renewal came at ARADO's  57th session held on May 19, 2022, at the organization's headquarters in Cairo, where also the memberships of the UAE,...

In order to tame soaring prices in the country, the Central Bank of Egypt has raised its overnight interest rates by 200 basis points.

The meetings this year are being held to deliberate major economic and geopolitical developments characterized by the noticeable decline in the COVID-19 pandemic.

In 2019, Nazih scored "Al-Fil al-Azraq 2" ("The Blue Elephant 2"), Egyptian cinema's highest ever grossing film, earning 100 million pounds.

Egyptian Prime Minister Mostafa Madbouli announced Sunday a string of planned privatisations of state-owned companies, as Cairo grapples with an economic crisis and inflation at almost 15 percent. Following years of accusations of state companies crowding out private investments, the government announced a roadmap on Sunday to more than double...

Zar is one of the ceremonies among the few cultural practices in which women take center stage. Traditionally, the zar ritual would last several days and include animal sacrifices.

"The singing is spiritual and brings out negative energies," said the lead singer of the Mazaher ensemble, adding that they also perform prayers from Islam's mystic Sufi practices.

The UAE eyes around 20 unicorns, the start-ups valued at $1 billion-plus each, by 2031. These high-value startups will be part of the country's 'Entrepreneurial Nation’ initiative.

A year after its devastating war with Israel, Hamas is faced with a dilemma: to keep up the armed struggle or to lay low and reconstruct the Gaza Strip? On May 10, 2021, weeks of clashes between Israeli forces and Palestinians in the Al-Aqsa mosque compound in Israeli-annexed east Jerusalem...

AD Ports to develop, operate, and manage a terminal in Safaga seaport.

There will be a total of three projects on which Egypt and the Italian company Eni will work together.

The results represent the highest quarterly net profit in the bank's history.

The total number of certificates of origin issued by the Ajman Chamber of Commerce and Industry (ACCI) during 2021 increased to 33,175, compared to 25,682 during 2020, achieving a 29 percent growth, said Mohamed Ali Al Janahi, Acting Director-General of ACCI. He said the total value of the products, for...

UAE’s Minister of Industry and Advanced Technology Sultan bin Ahmed Al Jaber reviewed bilateral relations with Mostafa Madbouly, Prime Minister of Egypt.

West Cairo has witnessed strong real estate development.

Egyptian state security released nine Coptic Christians who had been detained for nearly three months following a protest demanding the rebuilding of their church, rights groups said Sunday. They were released on Sunday morning, the day that Coptic Christians celebrate Easter, the village priest told AFP.

The Equatorial Guinea-flagged Xelo was thought to have been carrying 750 tons of diesel when it went down en route between Egypt and Malta on Saturday.

Israeli-organized twin dance festivals in the Sinai have sparked outrage in Egypt as they come just days before the anniversary of the end of the Jewish state's occupation of the peninsula.

Egypt will import wheat from India to compensate for the loss of wheat supplies from Ukraine and Russia, the north African nation's main sources of wheat. El-Said Marzouq El-Qosair, Egypt’s minister of agriculture and land reclamation, said this comes within the framework of the state’s efforts to secure new sources...

NEPCO Director Amjad Rawashdeh has called the linkages a model for Arab countries.

A tanker carrying 750 tonnes of diesel fuel from Egypt to Malta sank Saturday in the Gulf of Gabes off Tunisia's southeast coast, a spokesman for a local court said. "The ship sank this morning in Tunisian territorial waters. For the moment, there is no leak," Mohamed Karray said.

Natural curls were once looked down upon in Egypt, where Western beauty standards favored sleek, straight locks. Now, things are changing.

The Abu Dhabi-based firm has an office in Cairo.

Egypt’s annual inflation rate hit 12.1 percent in March, official figures showed Sunday, as foreign reserves declined by $4 billion during the same month, according to the central bank. "The annual headline inflation rate recorded 12.1 percent for March 2022, compared to 4.8 percent for the same month last year,"...

Abdel Fattah has spent the better part of the past decade behind bars, having also been arrested under former presidents Hosni Mubarak and Mohammed Morsi.

The firm will buy controlling stake for $158 million.

Developing and import-dependent countries have been heavily impacted by Russia's invasion of Ukraine -- the two countries that account for more than a quarter of the world's annual wheat sales.

Russia's invasion of Ukraine is having a "deadly" impact in the Arab world, particularly through spiralling wheat prices, US Secretary of State Antony Blinken said in Algiers Wednesday. He was speaking on the final leg of a trip that began with an unprecedented Israeli-Arab summit in the Negev desert, attended...

The Egyptian and Saudi governments have signed a draft agreement for Saudi investments in the country totaling a projected $10 billion, according to a statement by the Egyptian cabinet.