Egypt urges stronger Arab, global cooperation to address water scarcity, climate challenges
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, stressed on Tuesday the importance of strengthening regional and international cooperation to confront the growing challenges of water scarcity and climate…
Egypt launches advanced seismic survey project in Eastern Mediterranean
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has announced the launch of a landmark Ocean Bottom Node (OBN) seismic survey project in the Eastern Mediterranean, covering up to…
Local Development Minister moves to expand access to non-banking financial services outside Cairo
Manal Awad, Minister of Local Development, has held a meeting with Mai Abdel Hamid, CEO of the Social Housing and Mortgage Finance Fund, alongside senior officials from the Ministry of…
Israeli airstrikes target Hamas leaders in Doha; Qatar vows response
In an unprecedented move, Israel launched airstrikes on the Qatari capital, Doha, on Tuesday, claiming to target senior Hamas leaders—a dramatic escalation that drew swift and widespread condemnation across the…
Egypt warns UNSC that Ethiopian Nile Dam threatens its water security
Egypt has formally addressed the UN Security Council through Foreign Minister Badr Abdelatty, warning against Ethiopia’s “unilateral actions” regarding the Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile. Cairo…
GAFI chief highlights priority investment sectors at international conference in China
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), outlined Egypt’s priority investment sectors that enjoy full government support, including renewable energy, green hydrogen, automotive, home…
Oman’s Afouq, Egypt’s Prime Group launch $265M AI, advanced technologies zone in Muscat
Oman’s Afouq Developments and Egypt’s Prime Group, in collaboration with the Ministry of Transport, Communications, and Information Technology (MTCIT), have announced the launch of the Sultanate’s first Artificial Intelligence and…
BP signs MoU to drill five offshore wells in Mediterranean
BP has signed a memorandum of understanding (MoU) to explore opportunities for drilling five offshore wells in the Mediterranean Sea, in water depths ranging from 300 to 1,500 meters. The…
NBE raises financing for Magic Land Al Hokair’s TANZA project to EGP 1.2bn
The National Bank of Egypt (NBE) has signed an agreement to raise its long-term investment financing for Magic Land Al Hokair to EGP 1.2bn, covering 60% of the company’s estimated…
SCZONE showcases investment opportunities to Peru’s ambassador
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), met on Tuesday with Miguel Yllescas Ortiaga, Ambassador of Peru to Cairo, to discuss avenues of bilateral cooperation and…