Saturday, May 9, 2026

TA’ZIZ Signs $28.5bn Supply Agreements and Targets New $10bn Chemicals Expansion

ABU DHABI — TA'ZIZ has unveiled a major expansion of the United Arab Emirates’ industrial chemicals sector through agreements...

Google DeepMind Staff Push Unionization Over Military AI Concerns

Employees at Google DeepMind in the United Kingdom have moved to organize a unionization effort amid growing internal opposition...

East African States Advance Joint Regional Satellite Initiative

NAIROBI — Kenya, Uganda, Rwanda and South Sudan have agreed to move forward with plans for a jointly owned...

Egypt Approves EGP 16bn Tourism Projects Across Red Sea and South Sinai

CAIRO — Egypt has granted preliminary approvals for 63 tourism investment projects across the Red Sea and South Sinai...

Egypt’s Abdullah Hassouna Turns Physics into a Wrestling Masterclass

ALEXANDRIA — The crowd inside Alexandria’s arena erupted before many fully understood what they had just witnessed. During the...

Egypt and Algeria Sign Crude Oil Agreement to Strengthen Energy Security

Egypt and Algeria have signed a memorandum of understanding aimed at strengthening bilateral cooperation in crude oil supplies, as...

MSC Launches Strategic Europe–Gulf Trade Corridor to Bypass Hormuz Risks

Mediterranean Shipping Company (MSC) has launched a new Europe–Red Sea–Middle East express service designed to preserve cargo flows between...

Gold Prices Surge Above $4,700 as Iran Deal Optimism Lifts Bullion

Gold prices climbed sharply on 6 May 2026, reaching their highest level in a week as investors reacted to...

EGX rebounds as local buying lifts blue chips despite foreign selling

Cairo — Egypt’s stock market closed mostly higher on Tuesday, 5 May 2026, with the benchmark index recovering from...

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Top 7 This Week

Iran War: The Gulf Conflict Enters a Delicate Diplomatic Transition

The geopolitical landscape surrounding the US-Israel-Iran confrontation appears to be entering a delicate transitional phase, as military escalation gives way—at least temporarily—to an increasingly...

Egypt Approves Telecom Service Price Increases of Up to 15%

CAIRO — Egypt’s National Telecom Regulatory Authority (NTRA) has approved price increases on selected telecommunications and internet packages, with adjustments ranging between 9% and...

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Egypt to Offer Management of New Alamein Downtown Towers to Local and Global Consortia

Cairo — Egypt is preparing to tender the management and operation of the Downtown Towers district in New Alamein...

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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...