Sudan’s de-facto leader Burhan in first post-coup visit to Egypt
Sudan's de facto leader General Abdel Fattah al-Burhan on Wednesday started his first official visit to Egypt since last year's military coup. Burhan, greeted on arrival by Egypt's President Abdel Fattah al-Sisi in a ceremony broadcast live on state television, was accompanied by the head of general intelligence services, according to...Qatar to invest $5bn in Egypt, with an eye on offshore gas
The move is being seen as another sign of a growing rapprochement between the two countries following last year's restoration of ties.Social media’s rocky ride through conflict zones
Activists in Arab Spring countries now lament how the platforms they once lauded have been retooled to serve the powerful. In Burma, people recount how Facebook was used to incite violence against minorities.Blinken, Arab officials in Israel for ‘Negev Summit’
US Secretary of State Antony Blinken and four top Arab diplomats arrived Sunday in southern Israel for a "historic" meeting marking a thawing of relations between the Jewish state and several regional neighbours. The meeting also takes place as the United States and European allies express quiet frustration that Middle...UAE to invest $2bn in Egypt in order to bolster its economy
The UAE is going to invest some $2 billion in Egypt by buying up the state-owned companies in order to shore up the country's teetering economy as hardships from the Ukraine war spike.Israel to host ‘historic summit’ of US, Arab diplomats
A series of meetings would be attended by US Secretary of State Antony Blinken and his counterparts from the UAE, Bahrain and Morocco.UN agency to spearhead early warning plan covering every person on earth
“Early warnings and action save lives,” UN Secretary-General António Guterres said in a video message during a ceremony marking the day, adding that the World Meteorological Organization (WMO) would “spearhead new action to ensure every person on Earth is protected by early warning systems within five years.” The agency will...Egypt hosts UAE and Israel leaders for three-way talks
Egypt hosted the Israeli and UAE leaders for unprecedented three-way talks Tuesday as the Ukraine war rocks energy and food markets and major powers inch toward a revived Iran nuclear deal. The summit was held between Egypt's President al-Sisi, Israeli PM Naftali Bennett and Abu Dhabi Crown Prince Mohammed bin...Egypt and Saudi Arabia to boost bilateral economic cooperation
Hala Al-Saeed, Egypt’s minister of planning and economic development, discussed ways to enhance future cooperation between Egypt and Saudi Arabia with Majid bin Abdullah Al-Qasabi, Saudi minister of trade. The discussions took place on the sidelines of the meetings of the Governance Council of the Arab-Africa Trade Bridges Program. Al-Saeed...GCC members lead Arab nations in happiness report
Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the rankings among the Arab countries.Five ancient tombs discovered in Egypt’s Saqqara
In January 2021, Egypt unveiled ancient treasures found at Saqqara, including more than 50 wooden sarcophagi dating back to the New Kingdom.KSA, Egypt ink draft pact for PIF investment in Egypt
The two sides stressed that this agreement based on the close historical ties that unite Saudi Arabia and the Arab Republic of Egypt.Israel to start direct flights to Egypt’s Sharm el-Sheikh in April
Israel is to launch direct flights to Sharm el-Sheikh on Egypt's Red Sea coast next month, in an expansion of air links between the two countries, officials said Wednesday. "The route from Ben Gurion International Airport to Sharm el-Sheikh will open soon. Flights are expected to begin during the intermediate...Egypt nixes reports that Suez Canal traffic is falling
The key trading link is setting new records, said the government, quoting the Suez Canal Authority.Rising food prices shake North Africa as Ukraine war rages
Tunisia, Morocco, and Libya, along with several other Arab countries, import much of their wheat from Ukraine and Russia.Condemnation pours in after Houthi attack on Saudi refinery
From the UAE to Egypt, Jordan, and Bahrain, and from the OIC to the Arab Parliament, the attack is being decried unequivocally.Egypt inflation hits 10 percent as Ukraine impact pushes food prices up
Egypt's inflation rate hit 10 percent in February, official figures showed Thursday, as the country heavily reliant on wheat imports from Russia and Ukraine braces for the full impact of their war. "The annual headline inflation rate recorded 10 percent for February 2022, compared to 4.9 for the same month...Egypt appoints its first woman judge to a top court
Radwa Helmi made history on Saturday as the first woman judge to sit on the bench of Egypt's State Council, a top court in the Arab country. Egypt has hundreds of women lawyers but it took decades for one to move up the judicial ladder and become a judge.Telecom Egypt reports $535m profit
Telecom Egypt has posted a net profit of $535 million for 2021, a seventy four percent jump compared to the previous year.Egypt’s Suez Canal Authority announces hike in passage tolls
Egypt's Suez Canal Authority announced Tuesday additional tolls for transiting vessels including fuel tankers, as oil prices soar in the wake of Russia's invasion of Ukraine. Petroleum gas tankers will see a 10 percent hike on passage fees while liquefied natural gas carriers and general cargo ships will incur a...Shurooq to invest in GCC, Arab countries, Australia, says its Executive Chairman
Shurooq is currently considering in several Arab and Gulf Cooperation Council (GCC) countries, including Egypt, Saudi Arabia, Oman and Qatar, Marwan bin Jassim Al Sarkal, Executive Chairman of the Sharjah Investment and Development Authority. Shurooq has received a proposal to establish similar entities to Sharjah Sustainable City in Australia and...UAE, Egypt sign reinsurance pact to bolster trade, economic cooperation
The agreement between the two state-owned firms will bolster the strong trade and economic cooperation, in addition to boosting export relations.Egypt sets up $50m venture capital fund for startups
The World Bank and MSMEDA is eager to review and develop the needs of startups.Egypt vows to look after stranded Russians, Ukrainians
The decision followed a flurry of flight cancellations after Russia early Thursday sent troops across the border into Ukraine.Ecommerce prospers in GCC amidst Covid-19 woes
An improved regulatory support, government promotional initiatives, and heightened interest from business leaders in the private sector benefits the sector in the region.Egypt and France begin military drills in the Mediterranean
Egypt has kicked off joint air and naval drills with France, one of its biggest arms suppliers, in the Mediterranean, the Egyptian army said Monday.Covid-19 shakes up GCC’s in-demand job profiles
Now, the fastest-growing job profiles in the GCC include a mix of both pandemic-resultant and non-pandemic-resultant positions.Sisi of Egypt praises WHO for vaccine know-how to Africa
Egyptian President Abdel Fattah El-Sisi has praised the World Health Organization for its decision to pick Egypt and five other countries in Africa to manufacture Covid vaccine in the continent to fight off the virus.Ghazl El Mahalla of Egypt puts off its listing to April
The Egyptian football club Ghazl El Mahalla has put off its listing on the stock exchange to April. The listing was originally to happen in February.WHO picks Egypt and Tunisia to produce Covid vaccine in Africa
Six African countries have been chosen to establish their own mRNA vaccine production, the World Health Organization said Friday, with the continent largely shut out of access to Covid jabs.Aramco, Egypt company sign non-binding crude oil supply pact
Aramco Trading Company signed on Wednesday a non-binding agreement with Egypt’s Red Sea National Petrochemicals Company for a long-term crude oil supply for its planned refinery complex with a provision for offtake of refined and petrochemical products. Under the agreement, Aramco Trading will supply 100,000 barrels per day of Arabian...UAE’s Dragon Oil announces first oil find in Egypt’s Gulf of Suez
The discovery is one of the largest in the area in the past 20 years, and the field could contain around 100 million barrels in reserves.German firm to build $3bn hydrogen plant in Egypt
The Egyptian government has partnered with the German energy storage firm H2 Industries to set up a green hydrogen plant in the country.3,000 new rooms added to Egypt’s total hotel capacity, says tourism ministry
Egypt has added 3,000 new hotel rooms to its total hotel capacity with the opening of 19 new hotel facilities, media reports said. The country’s Ministry of Tourism and Antiquities said the hotels opened in the governorates of the Red Sea, South Sinai, Giza, Suez, Damietta, Mansoura and the North...Iraq keen to benefit from Egypt: Central Bank Governor
Iraq is keen to benefit from the Egyptian Investment Authority, the Governor of Iraq’s Central Bank Mustafa Ghaleb said on Friday.Saudi Crown Prince, Egypt’s al-Sisi attend Xi Jinping’s banquet
Saudi Arabia's Crown Prince Mohammed bin Salman and Egypt's President Abdel Fattah al-Sisi attend the banquet hosted by Chinese President Xi Jinping on Saturday for heads of state and international organisations attending the Winter Olympics, part of a diplomatic blitz following nearly two years without face-to-face meetings due to the...Association of Iraqi Banks, Federation of Egyptian Banks sign MoU
The MoU was signed by the president of the association, Wadih Al-Handal in the presence of the Governor of the Central Bank Mostafa Ghaleb.Egypt finalizes pact with Siemens to run high-speed train line
Egypt’s Ministry of Transport will sign a contract with Siemens to implement the second high-speed train line in the country. Media reports said the new line will extend from October 6 city to Aswan, with a length of 925 kilometers (575 miles approx.) The ministry has finalized negotiations with the...Cairo International Book Fair to host Abu Dhabi Arabic Language Center
The Abu Dhabi Arabic Language Centre will also hold a ‘Cultural Retreat’ at the eventArab countries see surge in crypto investors
In 2021, Triple-A estimated global crypto ownership rates at an average of 3.9 percent, with over 300 million cryptocurrency-owners and users worldwide. Over 18,000 businesses are already accepting cryptocurrency payments.Saudi, UAE and Egypt gaming to reach $3.14bn
A young population, increased user spending, robust govt backing for games and e-sports and new players are poised to push the sector's growth in the region.UAE demands UNSC meeting after Houthi attacks
Several countries — ranging from regional ones like Qatar, Bahrain, Kuwait, Iraq, and Egypt, to Russia and the US — have come together to condemn the attacks. US National Security Advisor Jake Sullivan has even said his country would “work with the UAE and international partners to hold [the Houthis]...South Korean leader hails country’s soft power impact on Mideast trip
South Korea's soft power matches its economic achievements, President Moon Jae-in said on Sunday at the start of a Middle East tour expected to focus on business and trade opportunities.Abbas meets al-Sisi, discusses bilateral cooperation
The two met on the sidelines of the 4th edition of the World Youth Forum being held in Egypt's Red Sea resort city of Sharm El-Sheikh.Lebanon looks to import gas from Egypt
Mikati held a meeting with Egyptian Prime Minister Dr. Mostafa Madbouly in Sharm El-Sheik on Monday.GMG to foray into North Africa
Plans to open more than 100 stores in Egypt within next five years.Egypt’s plasticware exports rose by 43% in 2021: Trade minister
Chemical industries topped Egypt’s plasticware exports in 2021 with a total value of $2.7 billion compared to $1.4 billion posted in 2020.UNWTO optimism to cheer up MENA tourism
While the likes of Egypt, Morocco, Tunisia, and Jordan depend heavily on tourism for revenue, the UAE and Saudi Arabia are using it to diversify their economy.US arrests man spying on opponents of Egypt president
Pierre Girgis was charged under a law that makes it illegal to act as a representative of a foreign government without registering with the US Justice Department.Dana Gas’s 2021 collections spike 107% to $377 million
Dana Gas has announced that its collections from the KRI and Egypt rose 107% year-on-year in 2021 to $377 million from $182 million in 2020, enhanced by a strong rebound in oil prices.




















































