Israel imposes total siege on Gaza after Hamas attack
Israel imposed a total siege on the Gaza Strip and cut off the water supply as it kept bombing targets in the Palestinian enclave in response to the Hamas surprise assault it has likened to the 9/11 attacks. Israel has counted over 700 dead and launched strikes on Gaza that...eXtra net profit down 17%
The company reported a net profit of $70m for 9M period of 2023.Two Israeli tourists, one Egyptian killed in Alexandria shooting
The policeman fired "at random" at an Israeli tour group visiting Alexandria using "his personal weapon", the state-affiliated private television Extra News said quoting a security source. A fourth person was wounded and the policeman was "immediately arrested", it added.Egypt court upholds jail sentence for prominent dissident
Cairo, Egypt--An Egyptian court on Saturday denied an appeal by prominent dissident Hisham Kassem against his jail sentence, his lawyer said, after lawmakers rejected a European Parliament resolution urging his release. "The court has decided to uphold the judgement that was under appeal," Kassem's lawyer Nasser Amin said on Facebook. Kassem...Most Arab youth against normalization with Israel, more so Palestinians: survey
Dubai, UAE - The majority of Arab youth are against the normalization of relations with Israel, with Palestinians and Iraqis being the most vehemently opposed, the 2023 Arab Youth Survey reveals. However, those from the UAE, Morocco and Egypt are supporting it. What is more, the normalization is opposed by the...QatarEnergy awarded new Egypt offshore exploration block
Doha, Qatar -- QatarEnergy has been awarded a new exploration block offshore Egypt as part of the 2022 EGAS International Bid Round. The results of the competitive bid process were announced by Egypt's Ministry of Petroleum and Mineral Resources, awarding exploration and production rights for block EGY-MED-E8 (East Port Said)...Heeding ‘people’s call,’ Sisi announces run for third term
Cairo, Egypt - Egyptian President Abdel Fattah al-Sisi announced Monday his candidacy for a third term in office, ahead of December elections he is widely expected to win. "As I have responded to the people's call before, I heed the call now and announce my intention to run and complete the...At least 38 injured in police HQ fire in Egypt’s Ismailia
Flames raged through the multi-storey building that was completely obscured by a massive cloud of smoke before the blaze was brought under control. By dawn, all that remained of the headquarters was a charred shell as emergency services carried out cooling procedures to prevent another fire from breaking out.Greece and Saudi Arabia agree to link their power grids
Athens, Greece - Greece and Saudi Arabia announced their agreement to establish a jointly-owned company with the goal of connecting their power grids. This marks the initial phase of their ambitious plan to provide Europe with more affordable green energy, according to a statement from the Greek energy ministry, as...France warns Lebanon financial aid at risk over presidency deadlock
French President Emmanuel Macron's special envoy urged Lebanese factions to find a "third way" for electing a new president, warning that France and its allies were losing patience after a year of deadlock. "The life of the Lebanese state itself is at risk," Jean-Yves Le Drian, a former foreign minister,...Egypt to elect President in three-day election from Dec 10
President Abdel Fattah al-Sisi, a former army chief, has ruled for nearly a decade in the Arab world's most populous country, which is now mired in a deep economic crisis. Experts had predicted Sisi would move forward the 2024 election, ahead of a possible switch to a flexible exchange rate...Jordan, Egypt and Iraq pledge to boost ties in economic and political fields
New York, US-- Jordan, Iraq, and Egypt have pledged to cement the partnership between themselves in order to boost cooperation in several economic and political fields. In this connection, Jordanian Deputy Prime Minister, Minister of Foreign Affairs, and Expatriates Ayman Safadi participated in a tripartite meeting with his Iraqi and...Egypt, Sudan and Ethiopia restart Nile dam talks
The massive $4.2-billion dam built by Ethiopia has stoked tensions with Egypt and Sudan as they fear the dam will severely reduce their share of Nile water. Both nations have repeatedly asked Addis Ababa to stop filling it until an agreement has been reached. The talks are expected to pave...Ethiopia resumes Nile dam talks with Egypt and Sudan
Nairobi, Kenya - Ethiopia said Saturday that it has begun a second round of negotiations with Egypt and Sudan over a controversial mega-dam built by Addis Ababa on the Nile, the source of long-running tensions between the three nations. Ethiopia this month announced the completion of the fourth and final filling...Belt and Road Initiative countries expect more cooperation ahead of China-Arab expo
YINCHUAN, CHINA - In the run-up to the sixth China-Arab States Expo, guests from countries and regions along the Belt and Road expressed their expectations for further cooperation with Beijing. On Tuesday, northwest China's Ningxia Hui Autonomous Region opened its third international friendship-cities forum in Yinchuan, the regional capital. Among...Egypt coalition says it will shun presidential election
The coalition's potential presidential candidate, Hisham Kassem, was Saturday sentenced to six months in jail. The presidential election, expected to be held next year, has already been fraught with accusations of repression.Egypt jails opposition activist ahead of next year’s presidential polls
CAIRO, EGYPT - An Egyptian court has sentenced prominent dissident Hisham Kassem to six months in prison, his lawyer and political movement said, a move barring him from taking part in campaigning for next year's presidential election. It comes one day after Egypt's only candidate campaigning so far for the election,...Nine works nominated for 9th Katara Prize for Arabic Novel
Doha, Qatar - The Cultural Village Foundation (Katara) revealed the lists of nine works that would be included in the 9th Katara Prize for Arabic Novel. This includes published novels, unpublished novels, young adult unpublished novels and unpublished critical studies, with a total reaching 36 novels and critical studies, Qatar...Renewed Saudi interest in Salah ‘doesn’t worry’ Liverpool boss Klopp
London, United Kingdom - Liverpool boss Jurgen Klopp insists he is not worried about the potential for renewed Saudi Arabian interest in Mohamed Salah when the January transfer window opens. Salah was reportedly the subject of a £150 million ($185 million) bid from Saudi Pro League side Al-Ittihad before the Premier...US approves most Egypt aid despite rights alarm
Egypt is one of the largest recipients of US military aid, dating to its historic normalization of relations with Israel in 1980, the first for an Arab state. The latest package of military aid includes $980 million that was not subject to restrictions.Sudan refugees bring off-season tourism to Egypt’s Aswan
Around 310,000 people have crossed from Sudan into Egypt since war broke out on April 15 between the forces of army chief Abdel Fattah al-Burhan and the paramilitary Rapid Support Forces, led by his former deputy Mohamed Hamdan Daglo. The response to the influx of Sudanese refugees has been mixed....AstraTech to expand across India, Pakistan, and Egypt: founder
Sharjah, UAE -- The UAE-based technology firm AstraTech is seeking to expand across India, Pakistan, and Egypt in the near future as part of its global expansion strategy. “Last month, we acquired a banking company in the Philippines as part of our global expansion, and now we are looking at...Yemen peace push: Houthi delegation to visit Saudi Arabia
The Houthis' visit, expected within the coming days, will raise hopes of a breakthrough in the quagmire conflict that has left hundreds of thousands dead through direct and indirect causes such as famine. It comes five months after Saudi officials held talks in Sanaa, and as a UN-brokered ceasefire continues...Oslo Accords promise turned into ‘destroyed dreams’ in Gaza
Oslo Accords were meant to lead to a free Palestine, but years of stalled negotiations and violence have left any peaceful resolution of the ongoing conflict a distant dream. Gaza, a narrow coastal enclave, is now home to some 2.3 million people, according to the Palestinian Central Bureau of Statistics.Sudan army chief visits Eritrea on latest trip abroad
Burhan, the northeast African country's de facto leader since a 2021 coup, has been fighting the paramilitary Rapid Support Forces (RSF) of his former deputy Mohamed Hamdan Daglo since April 15. His Asmara visit "affirmed Eritrea's support for Sudan and its territorial integrity," according to a statement from Sudan's ruling...Inflation in Egypt hits record high of nearly 40 percent, says government
Annual inflation in Egypt hit 39.7 percent in August, official figures showed, an all-time high for the country as it grapples with a punishing economic crisis. It comes after an unrelenting economic crisis that has seen the currency shed half its value against the US dollar since early last year.Arab-Japan ties to see expansion to cultural, environmental, energy fields
Cairo, Egypt-- Vowing to expand their relations to cultural, educational, environmental, and energy fields, Arab states and Japan have expressed satisfaction with the level of cooperation between the two. Dr. Abdullatif bin Rashid Al-Zayani, Minister of Foreign Affairs of Bahrain, participated in the third session of the Arab-Japan Political Dialogue...Egypt president calls for measures to slow birthrate
Cairo, Egypt -- Egyptian President Abdel Fattah al-Sisi called Tuesday for measures to slow the birthrate in the Arab world's most populous country, citing China's one-child policy as an example. "We need 400,000 births per year," said the leader of the country of 105 million inhabitants which recorded nearly 2.2 million...Italy’s Eni plans to invest $7.7 bn in Egypt
Cairo, Egypt - Italian energy giant Eni has revealed plans to invest $7.7 billion in Egypt's energy sector over the next four years, according to Egyptian Presidential spokesman Ahmad Fahmi. "The President values the distinguished Egyptian-Italian relations and the extended partnership with Eni, which executes multiple activities in Egypt according...Dozen injured after skirmish between Israeli police, Eritrean protestors
TEL AVIV, ISRAEL- A dozen Eritrean asylum seekers were wounded by Israeli police gunfire here on Saturday after a demonstration against an Eritrean government event turned violent, police and medical sources said. Clashes began outside a south Tel Aviv venue that was set to host a pro-regime event organized by the...Chinese diplomat, Arab Parliament speaker discuss Middle East
BEIJING, CHINA – The director of China’s Office of the Central Commission for Foreign Affairs met with the speaker of the Arab Parliament Adel Al Asoomi here. Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, said that Beijing is willing to...Egypt looks to raise US$5bn from offloading stake in state-owned companies
Cairo, Egypt--Egypt is looking to raise $5 billion from the offering of power plants and state-owned companies from October 2023 until the end of June 2024, according to a report on the Government IPO Program by the Cabinet's Information and Decision Support Center (IDSC). The report showed that Egypt plans...Egypt to drill 45 exploratory gas wells with investment of US$1.9bn
Cairo, Egypt--The Egyptian government plans to drill 45 natural exploratory gas wells in the Mediterranean and the Nile Delta with $1.9 billion in investments until mid-2025, according to a Cabinet statement on Tuesday. The drilling of 10 wells between July 2022 and June 2023 resulted in the huge discovery in...Egyptians, Zambians in court over gold on mystery plane
The Drug Enforcement Commission said the chartered aircraft was transporting "dangerous goods". Judge Davies Chimbwili said that they were accused of having acted "for purposes that were prejudicial to the safety and interest of the Republic of Zambia."Egypt, Ethiopia restart talks over dam construction
Cairo, Egypt - Egypt announced on Sunday that negotiations had resumed over Ethiopia's controversial mega-dam, after agreeing last month to reach a deal following years of tensions between the two countries. For years at loggerheads over the issue, Egyptian President Abdel Fattah al-Sisi and Ethiopian Prime Minister Abiy Ahmed had agreed...Market capital in Arab bourses $4.5 trillion, says Arab Monetary Fund
Kuwait City, Kuwait -- The Arab Monetary Fund has said that the market capital in Arab bourses reached US$4.5 trillion at the end of last week's trade, climbing by 1.2 percent.The fund's weekly report said the market capital of BouKuwait amounted to US$137.5 billion, that of the Abu Dhabi stock...Saudi Arabia to host CAF Super Cup match between Al Ahly and USM Alger
Johannesburg, South Africa--The 2023 CAF Super Cup match between Al Ahly of Egypt and USM Alger of Algeria will be staged in the Saudi Arabian city of Taif on September 15, the organizers announced on Saturday. Ahly qualified for the annual match by winning the Champions League and USM by capturing...Climate change to be discussed in Dubai COP28 meet, says Egypt minister
Cairo, Egypt - Egyptian Minister of International Cooperation Dr. Rania Al Mashat, said the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) is likely to address climate change issue and its effects on countries and people, local media reports said. The UAE will host...BRICS expansion points to a shift in global dynamics
The Middle East, with its vast resources and strategic position, can play a crucial role in BRICS' vision of a more equitable and democratic global order as the BRICS move to include countries such as Saudi Arabia and the UAE can further reduce the alliance's dependence on Western financial institutions,...UAE and Saudi Arabia among six new BRICS members
Argentina, Egypt, Iran, and Ethiopia are the four other member countries joining BRICS, underscoring its commitment to a more inclusive global stance, effective from January 2024.Egypt reports drop in unemployment rate in Q2 of 2023
Cairo, Egypt--Egypt's unemployment rate fell slightly by 0.1 percent to 7 percent in the second quarter of 2023, according to the country's statistics agency CAPMAS report on Tuesday. More than two million Egyptians were without a job, including 1.2 million men and 941,000 women, the data revealed, adding that 61.8...COP28 will provide a pivotal moment in climate action
The conference will focus on practical aspects, unifying action, and establishing partnerships, as well as aligning efforts to transition from planning to implementation, to deliver tangible results and deal with climate challenges. The COP28 Presidency seeks to deliver a “human-centric COP”, she adds.GCC top export market for Dubai Chamber of Commerce members
Dubai, UAE -- The Gulf Cooperation Council countries were the top destinations for exports and re-exports of Dubai Chamber of Commerce member companies during the first half of 2023. The Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, said Saudi Arabia was named the top...Suez Canal ship traffic normal after tanker collision
Cairo, Egypt--Shipping traffic was flowing normally on Egypt's Suez Canal on Wednesday, two shipping sources based in the country said, after two tankers that collided earlier were separated. The two tankers, the Singapore-flagged liquefied natural gas (LNG) carrier BW Lesmes and the Cayman Islands-flagged oil products tanker Burri, briefly collided...UAE, KSA optimistic as BRICS leaders weigh expansion
South Africa has revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations, notably UAE and Saudi Arabia.Arab Parliament endorses call to support victims of terrorism
Cairo, Egypt-- Arab Parliament on Monday endorsed the call for victims of terrorism in the Arab world to be supported "financially and economically" to overcome tragedies. The parliament said that those affected by the evil claws of terrorism in the Arab world must be supported to overcome their tragedies. The...Egyptian President Sisi pardons jailed activist Ahmed Douma
Egyptian activist Ahmed Douma, a leading figure of the country's 2011 uprising who has spent the last decade behind bars, has been granted a presidential pardon, lawyers said. "President Abdel Fattah al-Sisi... has used his constitutional powers" to pardon several prisoners including Douma, said Tarek Elawady, a member of the...Parched Egypt struggles to contain water loss
In a country already suffering from severe water scarcity, official figures show that more than a quarter of clean water produced never makes it to consumers. Egyptians already consume slightly over half of what hydrologists consider the cut-off for water poverty at 1,000 cubic metres (35,300 cubic feet) per person...Barbie film draws crowds in Saudi Arabia, generates buzz
Riyadh, Saudi Arabia - After being banned in several Arab countries, blockbuster film Barbie in Saudi Arabia is drawing huge crowds. The unexpected success of the film Barbie in Saudi Arabia has become a symbol of the dramatic societal changes taking place in the Middle East. Despite calls for its...ADEX and Egypt sign wheat, commodities financing agreement
Abu Dhabi, UAE -- Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a five-year $500m agreement with the Egyptian government to facilitate the provision of wheat and essential commodities in the North African nation. The agreement entails a revolving financing program...

















































