- Cairo, Egypt - A limestone tablet dating back more than 4,000 years has disappeared from Egypt's Saqqara necropolis, authorities said Monday, weeks after a gold bracelet was stolen from the national museum. In a statement, the antiquities ministry announced "the disappearance of an ancient tablet from the tomb of Khenti...
Khamenei urges reversal of Arab-Israeli normalization
The United Arab Emirates, Bahrain, Sudan and Morocco all agreed to normalize ties with Israel in 2020, as Washington under the administration of then US President Donald Trump made Arab-Israeli rapprochement a foreign policy priority.Award-winning Egypt film on poverty ruffles feathers
Feathers is a film about the struggles of a woman whose husband has been turned into a chicken.Egypt looks to raise renewable energies share to 42% by 2035
Egypt is looking to increase the share of renewable energies to over 42 percent by 2035, after the country reached 2022’s target for boosting renewables to 20 percent early this year.Saudi index reaches new highs on oil price rise
The oil price rise is expected to raise the economic growth of Saudi Arabia and the UAE. The kingdom is expected to grow by 5.1 percent next year.Political prisoners in Egypt revive rich writing from jail
Egypt has a long history of political prisoners turning to writing to capture their experiences in confinement.Zoomcar enters Egypt market
Zoomcar targets 5,000 cars in Egypt by March 2022.Deficit to surplus: GCC economies on growth track
The combined current account balance of oil exporters in the GCC region is likely to shift from a deficit of $6 billion in 2020 to surpluses of $165 billion in 2021.Fintech Galaxy raises $2m in seed funding
The funds will be used to develop and rollout Open Finance platform.Nobel Prize eludes the Arab world
Egypt and Algeria have the largest number of Nobel winners in the Arab world, while Saudi Arabia, Qatar and the UAE are yet to produce one.Foreign investment in Egypt’s oil sector drops 26% to $5.4bn
Foreign investment in the oil sector of Egypt has dropped 26.02 percent to $5.4 billion in the current financial years, compared to $7.3 billion a year before.Sadat’s nephew negotiates way out for Egypt prisoners
Mohamed al-Sadat has long been a fixture of Egypt's political scene. As many as 60,000 political prisoners are serving time in Egyptian jails, according to human rights defenders.SODIC lands $100m loan
This will finance SODIC’s West Cairo flagship project.Egypt’s current account deficit widens in Q1 as imports surge
Egypt's current account deficit widened in the first quarter of the current financial year because of a surge in imports and a slow rebound in tourism to pre-COVID-19 levels, according to central bank figures released on Thursday.Egypt ties up with Japan, France to build 500 MW wind farm
A consortium of companies has signed a 20-year deal with the Egyptian Electricity Transmission Company (EETC) to develop, construct and operate a 500 MW wind farm in Ras Ghareb.Decolonising beauty standards in Egypt
In the Arab world's most populous nation, modelling has long been dominated by "girls from Eastern Europe, with fair complexions.Egypt and Greece to sign a deal for power interconnection
Egypt and Greece will sign a preliminary deal to build an electricity interconnection between the two countries in Athens on Thursday, Athens-Macedonia news agency (AMNA) reported.Egypt stops buying wheat due to high cost
Egypt, the world’s biggest importer of wheat, has stopped buying the grain because the price of it is too high for the North African nation to afford.First Libyan flight in 7 years touches down at Cairo International Airport
A Libyan Airlines flight with about 255 passengers on board flew into Cairo International Airport, marking the first time in seven years that the airline touched down in the neighboring country.Egypt’s non-oil exports leap up to $7.5 billion in Q1 of 2021
Egypt's non-oil exports increased to $7.5 billion in the first quarter of 2021, compared to $6.5 billion in Q4-20, according to data by the cabinet's Information and Decision Support Center.Egypt’s pavilion at Expo 2020 draws 50,000 visitors in the first week
More than 50,000 visitors have been to Egypt’s pavilion at Expo 2020 during the first week of the gala event in Dubai, according to a government minister.Abu Dhabi discusses investment cooperation with Egypt
The Abu Dhabi Development Fund received a delegation from the Central Bank of Egypt.Dana Gas doubles its earnings to $256m from its sites in Egypt and Iraq
Dana Gas, the UAE-based natural gas company, has seen its earnings double from its operations in Egypt and Iraqi Kurdistan so far this year.A perceptible de-escalation in the Gulf
A photo of Saudi Crown Prince with the Qatari emir and the UAE's security adviser shows youthful, physically fit leaders enjoying a friendly, informal get-together, writes Ali ShihabiEgypt and Saudi Arabia sign $1.8bn contract for electrical connection
Egypt and Saudi Arabia have signed a $1.8 billion electricity interconnection project that aims to exchange some 3,000 MW during peak times.TMG of Egypt looks to take advantage of demand for housing in Saudi Arabia and Iraq
Talaat Moustafa Group, the Egyptian real estate company, is looking to expand into Saudi Arabia and Iraq to take advantage of the demand for housing there.R&D in Arab world: Challenges and successes
Raging political crises across the region have negatively impacted the economies of several countries. Consequently, spending on research has barely increased since 2014.Jordan, Lebanon discuss cooperation
Jordanian Prime Minister Bishr Khasawneh met his Lebanese counterpart Najib Mikati to discuss cooperation and help Lebanon.Meetings with Syria should translate into projects: Jordan PM
He said the projects should benefit the two countries and cement a historical brotherhood bonding them.Kuwait Fund’s $3.6bn development works earns it gratitude of Egyptian PM
Noting the wide contributions of the Kuwait Fund for Arab Economic Development (KFAED) to his country, the Prime Minister of Egypt, Mustafa Madbouli, has said that the Kuwait Fund was financing $3.6 billion worth of projects.Egypt to tax social media stars earning more than $32,000 annually
Egypt said it will tax social media content creators in a revenue raising exercise as more citizens look to online platforms to make a living.Special forces of UAE, Saudi Arabia, Egypt, Greece conclude military exercises
Special security forces of Saudi Arabia, the UAE, Greece and Egypt have completed joint drills in the Greek capital, Athens.UAE, Egypt explore prospects of greater space cooperation
The two sides also discussed facilitating new growth partnerships between the public and private sector.Dragon Oil to double output by 2026
Dragon Oil to double output by 2026MENA startups raise $1.2 bn in H1
A Dubai-based think-tank has said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia, and Egypt, have attracted a record-breaking funding in 2021.UN urges Egypt, Sudan, Ethiopia to resume dam talks
The Grand Ethiopian Renaissance Dam, set to be Africa's largest hydroelectric project when completed, has sparked an almost decade-long diplomatic stand-off between Addis Ababa and downstream nations Egypt and Sudan. Ethiopia says the project is essential to its development, but Cairo and Khartoum fear it could restrict their citizens' water...Egypt and Japan’s Toyota look to invest in blue ammonia
Egypt and Toyota of Japan are looking to explore investment opportunities in blue ammonia, and in this regard the Egyptian Ministry of Petroleum signed a memorandum of understanding with Japan's Toyota Tsusho.The Grand Renaissance Dam: Egypt’s Nile nemesis
Ethiopia's refusal to sign a binding agreement on the dam has dashed hopes of a settlement with Egypt and Sudan.Bennett meets Sisi on first Egypt trip
Bennett said the meeting helped create "a foundation for deep ties in the future" between two countriesEgypt’s exports leap up 49 percent to $3.61bn
Egypt’s exports recorded a nearly fifty percent jump to $3.61 billion in June 2021, as a compared to $2.94 billion in the same month last year, official data showed.Iraqis saddest people in Arab region: Report
Political, economic and social crises in the Middle East countries has led to an implosion of negative emotions among their citizens.Dubai Chamber members’ exports, re-exports reach $40 bn
Surge in trade activity in Dubai has lifted the value of exports, re-exports.Egypt eyes $1bn investments as Africa Finance Corporation member
Egypt, the most populous nation in North Africa, has already seen some investments from the AFC.Egypt’s inflation leaps up to 5.7 percent in August
Egypt's annual urban consumer price inflation rose to 5.7 percent in August, up from 5.4 percent in July, official statistics agency CAPMAS reported on Thursday, a 17 month high.Egypt’s foreign reserves leap up to $40.67bn in July
Egypt's net foreign reserves have risen to $40.672 billion in August from $40.609 billion in July, the central bank said on Monday.Syria agrees to help Lebanon get gas, electricity
The country has said it is ‘ready’ to help Lebanon with ‘transit for Egyptian gas and Jordanian electricity via Syrian territory’.Africa data centre expansion plan to cover Morocco, Tunisia, Egypt
The project will involve building 10 hyperscale data centres, in 10 countries, over the next two years at a cost of more than US$500mEgypt gained most from Islamic Development Bank in 2020
IsDB also contributed to Covid-19 relief in 2020, where it approved financing of around $2.3 billion.Egypt taps consortium for $6bn high-speed rail line
The consortium consists of Siemens Mobility, Arab Contractors, and Orascom Construction. Egypt’s National Authority for Tunnels has chosen the consortium to design, install and maintain the rail line.UAE platforms lead GCC crypto market
Even as the GCC countries dither to embrace cryptocurrencies, the UAE has made some significant strides in this regard.Black Eyed Peas book Oct date for Egypt concert
Events and entertainment company Venture Lifestyle ME is organizing the concert on October 2 in Giza.



















































