Friday, May 1, 2026

Egypt’s Eid Al-Adha Film Season Set for Record Box Office Showdown

Egyptian cinemas are preparing for one of the most competitive Eid al-Adha seasons in recent years, with ten major...

Egypt Jobs: Unemployment Falls to 6.3% in 2025 as Labour Force Expands

CAIRO — Egypt’s unemployment rate declined to 6.3% in 2025, down from 6.6% in 2024, reflecting a modest improvement...

Egypt–World Bank Align on FDI Strategy as Growth Target Set at 5.4%

CAIRO — Egypt is accelerating efforts to attract foreign direct investment (FDI) and deepen private sector participation, as the...

Chinese Investment: $2bn Logistics City Proposed in Egypt’s Suez Economic Zone

CAIRO — Chinese investors have proposed a $2 billion logistics and international trade city in Egypt’s Suez Canal Economic...

US Dollar Prices Approach EGP 54 Amid Sharp Mid-Session Jump

The US dollar surged sharply against the Egyptian pound in mid-session trading on Thursday, nearing the EGP 54 level,...

Morocco Could Expand Economy by 20% by 2035 with Reforms, World Bank Says

Morocco could expand its economy by up to 20% by 2035 if it accelerates structural reforms to boost competition,...

Gold Prices Caught Between Inflation Fears and Monetary Tightening

Global gold prices showed relative stability on 30 April 2026, following recent declines, as investors recalibrated expectations around US...

Wind Energy: Egypt Plans EGP 12bn Grid Link for Suez Projects

CAIRO — Egypt is preparing to launch an international tender for a major electricity transmission project to connect wind...

Egypt–Eritrea Energy: Cairo Launches $23m Solar Projects to Support Power Supply

CAIRO — Egypt is moving forward with the development of two solar power projects in Eritrea with combined capacity...

The Middle East Observer

Each story in our ever growing library can be accessed through our membership program. Subscribe and receive instantaneous and unlimited access!

spot_img

Top 5 This Week

Alpha Smart Invests $100mn in Integrated Sokhna Industrial Complex

CAIRO — Egypt has secured a significant new industrial investment as Alpha Smart signed an agreement with the Suez Canal Economic Zone to develop...

Our Authors

Don't Miss

Real-estate

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...

Economics

Tenders

Recommended Articles

Recommended

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...