Monday, May 11, 2026

Modi Urges Indians to Cut Fuel Consumption to Protect Foreign Exchange Reserves

Egyptian fertilizer exporters capture 15% of India’s latest import tender Egyptian fertilizer producers have secured major export contracts with...

EGX reaches highest closing level in recent years as firmer pound supports rally

Cairo — Egypt’s stock market opened the week with strong gains on Sunday, 10 May 2026, as improving currency...

World Bank Backs Egypt with $1 Billion Reform Financing

The World Bank has approved a $1 billion financing operation supporting Egypt’s ongoing economic reform program, with a focus...

Norway Joins Pax Silica‘Pax Silica’ Initiative to Secure AI Supply Chains

OSLO — Norway has officially joined the US-led “Pax Silica” initiative, a strategic alliance aimed at strengthening artificial intelligence...

US Gasoline Stocks Fall to 2014 Lows as Prices Near Demand ‘Shock Point’

WASHINGTON — United States gasoline prices climbed to near-record seasonal highs this week as continued instability linked to the...

The Times: Grand Egyptian Museum Is a New Wonder of the World

Tarek Atrissi Describes the Museum’s Visual Identity as “A Global Cultural Project” and “A Journey Into the Depth of...

Egypt Opens First Monorail Line Linking Cairo to New Administrative Capital

CAIRO — Egypt officially launched the first operational phase of its long-awaited monorail project on Tuesday, introducing a new...

Saudi Aramco Q1 Earnings Climb 25.5% on Higher Oil Prices and Export Volumes

Saudi oil giant Saudi Aramco reported a sharp rise in first-quarter profits for 2026, benefiting from soaring crude prices and...

Egypt’s Sharm El Luli Named Among World’s Leading Beaches for 2026

Egypt’s tourism sector has received renewed international recognition after Sharm El Luli in Marsa Alam was highlighted among the...

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Putin Signals Ukraine Conflict Could Be Entering Final Phase

Russian President Vladimir Putin said he believes the war in Ukraine may be approaching its final stage, in remarks delivered shortly after Moscow’s most...

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 phase of the national “Beit...

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North Coast Fee Cuts Redefine Egypt’s Real Estate Investment Framework

Egypt has reduced fees on real estate partnership projects along the North Coast by nearly 50% after revising the...

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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...