Sunday, May 10, 2026

Hormuz Tensions Drive French Naval Deployment Toward Gulf Shipping Routes

France has deployed the nuclear-powered aircraft carrier Charles de Gaulle and its accompanying strike group toward the Red Sea...

EGX records strongest weekly rise in weeks on local buying momentum

Cairo — Egypt’s stock market recorded a strong advance in the week of 3–6 May 2026, with investors encouraged...

Egypt Signals Economic Resilience with 5% Growth and $19bn Energy Commitments

CAIRO — Egypt recorded preliminary economic growth of 5% during the third quarter of the 2025/2026 fiscal year, supported...

Egypt and Belarus Explore Joint Tractor, Truck and Dairy Manufacturing Projects

Hassan El Khatib, Egypt's Minister of Investment, held a series of high-level industrial meetings in Belarus aimed at advancing...

Egypt Signals Gradual Shift from Food Subsidies to Direct Cash Support Starting FY 2026/2027

CAIRO — Mostafa Madbouly announced that Egypt is preparing to gradually shift from its longstanding commodity subsidy system to...

El-Sisi, Macron Open Senghor University and Visit Qaitbay Citadel in Alexandria

ALEXANDRIA — Abdel Fattah El-Sisi and Emmanuel Macron inaugurated the new headquarters of Senghor University in Borg El Arab,...

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...

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Top 7 This Week

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 governorates with an estimated combined...

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 African Under-17 Wrestling Championship, Egyptian...

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

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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...