Wednesday, June 17, 2026

ENPPI Turns Egyptian Engineering Expertise into a Multi-Billion-Dollar Export Business

Cairo — Egypt's Engineering for the Petroleum and Process Industries (ENPPI) has emerged as one of the country's most...

Egypt’s Strategic Value Takes Centre Stage at Évian Summit

The Group of Seven (G7) leaders gathered in the French city of Évian from 15 to 17 June for...

Fitch Sees Brent at $70 as Hormuz Reopening Reshapes Oil Outlook

Global oil markets are beginning to unwind part of the geopolitical risk premium that drove energy prices sharply higher...

EGX Mixed as Overseas Investors Rotate Beyond Large Caps

Foreign Buyers Shift Toward Mid-Caps as Stronger Fundamentals Continue to Support Egyptian Assets Cairo — Egyptian equities closed mixed on...

Egypt Launches Trade Intelligence Platform to Drive $100bn Export Ambition

Cairo — Egypt has launched its largest-ever national foreign trade intelligence platform, as the government intensifies efforts to boost...

Saudi Arabia Seeks Private Capital for Major Makkah Development

Saudi Arabia has launched the tender process for a major mixed-use development in Makkah under a public-private partnership (PPP)...

Kuwait Joins Global Race to Finance AI Infrastructure

The Kuwait Investment Authority (KIA) has joined forces with Nvidia, KKR and US power producer Vistra to launch Helix Digital...

Zhejiang Hongda Textile Manufacturing Invests $20m in Egypt’s Growing Textile Export Hub

CAIRO—The Suez Canal Economic Zone (SCZONE) has secured a new Chinese industrial investment after signing an agreement with Zhejiang...

Egypt Bets EGP 12bn on Vaccine Hub to Cut Imports and Expand Regional Reach

ISMAILIA — Egypt plans to channel investments of up to EGP 12 billion (approximately $240 million) into its Vaccine and Biotechnology City...

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Top 7 This Week

Egypt Restores Gas Supply Stability as Fertiliser Exports Reach $9.4bn

Egypt has restored stability to natural gas supplies for industry, enabling fertiliser producers to operate at utilisation rates exceeding 90% and helping drive urea...

The Paradox of Peace: Negotiations Resume Where the War Began

The most striking aspect of the emerging US-Iran agreement is not what it contains, but how familiar it appears. According to an analysis published by...

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TMG Expands Regional Footprint with $18.8bn Baghdad Development

Egypt's Talaat Moustafa Group (TMG) has secured an investment licence from Iraq's National Investment Commission and received land allocation...

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AI Becomes Europe’s New Weapon in Africa’s Critical Minerals Race

Artificial intelligence is becoming a critical instrument in the...

Egypt, Eritrea Reaffirm Coordination on Red Sea Security and Horn of Africa Stability

CAIRO — President Abdel Fattah El-Sisi and Eritrean President...

WHO Launches $518 Million Ebola Response Plan

The World Health Organization (WHO) and the Africa Centres...

Orascom Targets East Africa Trade Corridor With New Egypt–Kenya Platform

Orascom Investment Holding is preparing to launch a specialised...

How Many More Lives Must Illegal Migration Claim?

In a recurring tragedy that continues to underscore the...