With an estimated length of 2.5 metres (eight feet) and a body mass of approximately 187 kilogrammes (410 pounds), Tutcetus is the smallest species so far found from the basilosaurids, the oldest known whales that lived exclusively in the water. Team leader Hesham Sallam, of the American University in Cairo...

Amman, Jordan--Trade between Jordan and Egypt expanded to $355.43 million in the January-May period of the current year, according to official figures. However, foreign trade data issued by the Department of Statistics (DoF) indicated that the national exports to Egypt in the first five months of 2023 dropped to reach...

El Alamein, Egypt - The UAE President Sheikh Mohamed bin Zayed Al Nahyan held talks with his Egyptian counterpart, President Abdel Fattah El Sisi, during an official visit to Egypt.  The discussions revolved around strengthening the longstanding ties between the two nations. The meeting, held in the Egyptian city of...

Makkah, Saudi Arabia - A scientific forum organized by Arab and Islamic universities’ associations has recommended the formation of a working group of scholars and researchers to become envoys for the Muslim World League’s (MWL) initiative, "Building Bridges Between East and West.” The forum, titled “The role of media in...

The company reported revenues of $1.24 billion for H1.

The twice African footballer of the year is the latest high profile player to join the cash-rich Saudi league. Both clubs announced the transfer involving the former Liverpool star which German media estimated at around 30 million euros on a three-year deal with an annual salary for Mane of 40...

The country ascends four spots in Kearney's 2023 Global Services Location Index, reflecting its thriving business environment and emergence as a tech hub with 4,000+ startups.

The reconciliation effort is designed to bridge the gap between the parallel governments of Hamas in the blockaded Gaza Strip and of the Palestinian Authority -- controlled by Abbas's secularist Fatah movement -- which administers Palestinian-run areas of the occupied West Bank.

Sweltering without air conditioning during the day and plunged into darkness at night, many Egyptians have responded with anger and ridicule to government measures for reducing energy consumption. Hours-long power cuts across Egypt, several times a day, prompted the directives as record temperatures hit the Mediterranean region this month.

Ahead of unity talks between various Palestinian factions boycotted by the militant group Islamic Jihad, President Mahmud Abbas arrived in Egypt on Saturday. Apart from chairing meeting of the heads of factions, the president is also scheduled to meet with the Egyptian counterpart Abdel Fattah El-Sisi, the Palestinian news agency...

MOSCOW, RUSSIA -  Egypt's president on Friday called on Russia and Ukraine to find "urgent solutions" to allow the resumption of Ukraine grain exports to Africa, after Moscow's withdrawal led to the collapse of a Black Sea pact. The Ukraine grain deal was agreed last year and allowed around 33 million...

The money transfer firm plans to set up base across the GCC.

Cairo, Egypt--Egypt and Indonesia will ramp up trade exchange as the two countries look to strengthen the overall ties. This came during the seventh round of political talks between Egypt and Indonesia which was held in Jakarta. Middle East News Agency (MENA) quoted the Egyptian Foreign Ministry as saying that...

Italy and the European Commission have sought to step up engagement with Tunisia, promising funding if the country undertakes to stem emigration from its territory. According to the UN, more than 100,000 migrants arrived by sea to Europe -- most to Italy -- in the first six months of 2023,...

LEIDEN, NETHERLANDS - In a Dutch museum the sound of hip-hop blares out next to sarcophagi and statues, in what curators say is an attempt to show the influence of ancient Egypt on black musicians. A photo of superstar Beyonce dressed as Queen Nefertiti sits next to ancient busts, while a...

Cairo, Egypt-- Egypt is looking to resume exports of liquefied natural gas exports by October, according to the country's petroleum minister Tarek El Molla. The North African country's production is used at home during the summer when temperatures are very high, but in the winter months the country has excess...

Cairo, Egypt-- The UAE and Egypt are looking to ramp up cooperation in the fields of higher education and scientific research. In this connection, Sheikh Dr. Ammar bin Nasser Al Mualla, attaché of education and technology sciences of the UAE in Egypt, discussed with Mohamed Ayman Ashour, Minister of Higher...

Avoided by western tourists, Iran is turning to wealthy Arab states and other nearby countries to bolster its sanctions-hit economy. It is also drawing visitors from Russia and China. Owing to the thaw in relations with Saudi Arabia, Iran is now interested in closer ties with the Arab world.

Dubai, UAE - EdVentures, an Edtech corporate venture capital firm in the MENA region, has announced a strategic partnership with VMS, a Venture Studio helping entrepreneurs and startups in the Middle East to develop edtech industry in Saudi Arabia and Egypt.  Since its establishment in 2017, EdVentures, the investment arm...

According to state media and the public prosecution, eight people including seven members of one family were killed in Cairo when a residential building collapsed. Civil defense workers pulled out nine people, among them an injured woman, while the eight others were dead, adding that five people got out in...

Amid reports of a mass grave having been found in the country's Darfur region, the African leaders summit exhorted an end to the fighting in Sudan. The ICC meanwhile said it has begun a new probe into alleged war crimes in the country, adding that the spiraling violence was a...

The two countries resolved to finalize a deal over Ethiopia's big dam on the Blue Nile in four months, a breakthrough after years of bickering between the two countries. The huge $4.2 billion dam has been at the heart of a regional dispute since Ethiopia broke ground on the project...

The Egyptian presidency said the meeting in Cairo will be attended by representatives of "Sudan's neighboring countries", but has not announced who else is expected to join Sisi and Abiy. The meeting in Cairo follows multiple diplomatic efforts to broker an end to the violence in Sudan, with repeated ceasefires...

Paris, France--From subtly shifting the position of Ramses II's sceptre, to touch-ups on a necklace or headdress, ancient Egyptian artists were more creative than previously thought, according to a study published Wednesday. Using new portable imaging and chemical analysis techniques, an international team of scientists took a fresh look at paintings...

Iranian foreign ministry spokesman Nasser Kanani has described the three-day trip as "a new turning point" which could bolster economic and trade ties with African nations. He also said on Monday that Tehran and the three African countries share "common political views".

Tehran, Iran-- After years of frosty relations between the two countries, Egypt and Iran are set to restore ties with the visit of Iranian tourists to the North African country. According to the Egyptian Minister of Tourism and Antiquities, Ahmed Issa, Iranian tourists will soon travel to the country through...

An increase in borrowing costs hurt the company in H1.

Vienna, Austria-- Egypt plans to drill new gas wells in the Mediterranean Sea and the Nile Delta as part of its ambitious $1.8 billion offshore exploration program. According to Tarek El Molla, Egypt's Minister of Petroleum and Mineral Resources, the country is developing several exp fields in the Mediterranean Sea,...

Egypt's economy is grappling with a myriad of challenges, including rising inflation, currency depreciation and high debt. TRENDS delves into the depths of the crisis.

Egypt's economy is grappling with a myriad of challenges, including rising inflation, currency depreciation and high debt. TRENDS delves into the depths of the crisis.

Egypt and Turkey said they had appointed ambassadors to each others' countries for the first time in a decade, in the latest sign of warming ties. The two foreign ministries said the move "aims at the re-normalization of relations between the two countries and reflects the mutual will to develop...

PIF ranked seventh with a score of 92 (on the GSR score of 100), followed by Mubadala (88), among the SWFs. Regionally, the Middle East saw the biggest improvement from 32 percent in 2020 to 52 percent in 2023. It said Saudi PIF is managing to make its unparalleled growth sustainable by...

London, United Kingdom--Over 100 British lawmakers on Monday expressed concern at the lack of progress in the case of a jailed British-Egyptian activist and urged the UK government to adopt "fresh approaches" to secure his release. Alaa Abdel Fattah -- a key figure in the 2011 revolt that topped Egyptian autocrat...

Cairo, Egypt - The remittances to Egypt, the biggest recipient of such flows in the MENA region, are set to increase by 3.1 percent in 2023 followed by a decline of 1.4 percent in 2024, according to World Bank’s latest report. Remittances to the country decreased by 10 percent year...

Indian Prime Minister Narendra Modi met Egypt's President Abdel Fattah al-Sisi in Cairo on a rare visit during which both sides pledged to deepen their strategic partnership. They agreed to boost investment by India, the world's most populous nation, in Egypt and which is now in the grips of an...

With violence escalating between Palestinians and Israelis, Morocco has postponed a meeting of Arab allies of Israel it was due to host this summer. According to the country's Foreign Minister Nasser Bourita a date for the meeting can be worked out when circumstances are more "favorable." The annual meeting was...

Dubai, UAE -- Remittance flows to the Middle East and North Africa (MENA) are expected to increase marginally in 2023 and 2024 after witnessing a nearly 4 percent drop in 2022 to $64 billion, a World Bank report said. The remittances are likely to increase by 1.7 percent in 2023...

Tehran, Iran-- A free trade zone agreement between Iran and the Eurasian Economic Union (EAEU) will be signed before the end of the year, according to Russia's deputy Prime Minister Alexey Overchuk. "Now, indeed, the EAEU has come very close to concluding such an agreement with Iran. This issue was...

Credit Agricole Egypt is a subsidiary of Credit Agricole Group.

While the startup ecosystem flourishes in the Middle East and North Africa region, concerns arise over the durability of investments and the ability of banks to sustain SME support amidst a global banking crisis.

Saudi Arabia announced that it would jointly lead a conference on the humanitarian response to the war in Sudan next week. The pledging conference will be held on June 19, the official Saudi Press Agency said, citing the foreign ministry, adding it would be jointly led with Qatar, Egypt, Germany,...

Since the eruption of violence some 200,000 Sudanese nationals have entered Egypt, most of them through land crossings. Egyptian authorities had so far exempted Sudanese women of all ages, children under 16 and anyone over 50 from having to obtain a visa prior to arrival at a point of entry.

A consortium of companies, Masdar, Infinity Power and Hassan Allam Utilities have signed an agreement with Egypt to build a 10-gigawatt (GW) capacity onshore wind farm in Egypt, costing more than US$10 billion. The 10 GW plant will save Egypt some $5bn in natural gas costs a year.

Speaking at the opening of a cabinet meeting on Sunday, Netanyahu said his government had sent a "clear message" to Egypt: "We expect that the joint investigation will be exhaustive and thorough."

Tourism and Finance were the next flourishing sectors named in the poll in which the majority of the respondents were in the 20-29 age group and mostly from Egypt.

More than 1.35 billion shares of the energy distribution firm were listed.

Traffic in both directions returned to normal after a brief disruption when the Malta-flagged Seavigour experienced a "machinery malfunction" while en route from Russia to China, Three tugboats "successfully towed and moored the ship" at a shipyard where the technical fault will be fixed before the tanker "resumes its crossing".

Volunteers have buried 102 unidentified bodies in the capital's cemetery and 78 more in Darfur, ever since the fighting between the country's warring generals erupted on April 15. Both Burhan and his deputy-turned-rival Daglo have pledged repeatedly to protect civilians and secure humanitarian corridors. But civilians reported escalated fighting after...

Three Israeli soldiers and a member of Egypt's security forces were killed in a rare exchange of fire near the border between the two countries, official sources from both sides said. The Israeli army said an Egyptian assailant shot dead two soldiers " while they secured a military post at...

Sharjah, UAE--With an aim to bolster the country's capital markets, the Sharjah-based company Dana Gas has revealed that it will raise its foreign ownership limit to 100 percent. The company said that it had obtained the approval of the regulatory authorities to raise the percentage of foreign ownership from 49...