Friday, May 15, 2026

Cuba Faces Deepening Power Crisis as Fuel Shortages Trigger Blackouts and Localized Protests

Cuba is facing a worsening energy crisis marked by prolonged nationwide electricity outages, severe fuel shortages and growing public...

Egypt Advances State-to-Market Transition With Four Major Company Offerings

Egypt’s government has reaffirmed its commitment to accelerating the state asset offering program, including the planned sale or listing...

Egypt’s Averroes Ventures Targets $50 Million Waste-to-Value Fund

Egypt-based venture capital firm Averroes Ventures is preparing a new $50 million investment fund focused on “waste-to-value” startups across...

US Freeze on Iraq’s $500 Million Shipment Exposes Baghdad’s Structural Dilemma

Iraq’s incoming government is placing the resolution of delayed US dollar shipments from Washington among its highest immediate economic...

EGX closes mixed as foreign buying continues while blue chips extend decline

Cairo — Egypt’s stock market ended trading on Wednesday, 13 May 2026 on a mixed note, with the benchmark...

Saudi Arabia Advances Managed Urban Growth Strategy Through New Vacant Property Fees

Saudi Arabia has approved new executive regulations imposing annual fees on vacant residential and commercial properties, marking one of...

Exclusive Interview | The Arab Academy: Education as the Gateway to the Future and Human Development in the Era of Digital Transformation

Exclusive Interview | The Arab Academy: Education as the Gateway to the Future and Human Development in the Era...

Morocco Eyes Growth Above 5.3% as Tourism, Industry and Diaspora Transfers Drive Economic Expansion

Morocco expects economic growth to exceed 5.3% in 2026 despite mounting geopolitical tensions, elevated global energy prices and continued...

Egypt Unveils New Nile Delta Gas Discovery

Egypt has announced a new natural gas find in the Nile Delta capable of producing around 50 million cubic...

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Top 7 This Week

Syria Rejoins Global Payment Networks After 15 Years of Isolation

Syria is witnessing a cautious expansion of electronic payment services after the Central Bank of Syria authorized local financial institutions and payment companies to...

UAE Expands Defence-Tech Ambitions Through Semiconductor Partnership with Lockheed Martin

The UAE has signed a strategic agreement with US defence giant Lockheed Martin to establish an advanced chiplet design and microelectronics assembly facility in...

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Egypt Extends Banking Transfer Deadline for Overseas Property Investors

CAIRO — Egypt has expanded incentives for Egyptians living abroad to invest in domestic real estate through the latest...

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Africa

Egypt–South Africa Relations: Brotherhood and Solidarity on a Shared African Path

Each year on 27 April, Freedom Day stands as...

East Africa Eyes Joint Refinery as Dangote Signals Investment

Nairobi — East African countries are advancing plans to...

Iraq’s Economic Renaissance: A New Frontier for Investment

As Iraq confronts the challenges of inefficient resource management...

Navigating the Waves: Is Egypt Harnessing its Blue Economy Potential?

In an era where the merger of economic growth...

Global Economic Outlook: Navigating a New Cycle Amid Challenges and Opportunities

The International Monetary Fund (IMF) recently unveiled its latest...