Winter Shamal winds reshape Arabian Gulf waters, study finds
When cold, dry Shamal winds sweep across the Arabian Gulf in winter, their effects are quickly felt through falling temperatures, rising dust and rough seas. Beneath the surface, however, these…
Opinion | On the Same Page: A Reading of Egypt’s National Identity Charter
Writing in December 1934, Egyptian intellectual Ahmed Hassan al-Zayyat grappled with anxieties of modernisation. “The radio has defeated the poet in every coffeehouse, just as the machine has defeated man…
Egypt 2026 Forum to outline manufacturing and private sector reform targets
Egypt is set to outline its upcoming reform priorities, future targets to deepen local manufacturing, and new policies to enhance private sector participation during the upcoming "Egypt 2026 Forum", Prime…
Egypt posts $2.8bn balance of payments surplus in FY 2025/26
Egypt recorded an overall balance of payments surplus of $2.8bn in the fiscal year (FY) 2025/26, reversing a deficit of $2.1bn the previous year, the Central Bank of Egypt (CBE)…
EFG Hermes UAE launches market making and liquidity provision on Dubai Financial Market
EFG Hermes UAE LLC, a unit of Cairo-based investment bank EFG Hermes, has launched market making and liquidity provision services on the Dubai Financial Market (DFM), the firm announced on…
TMG partners with AXA Egypt to offer 10-year medical insurance for ‘The Spine’ property buyers
Egypt's Talaat Moustafa Group (TMG) has agreed a strategic partnership with AXA Egypt to provide property buyers in its new development, "The Spine", with a 10-year medical insurance policy starting…
FX volatility, shipping costs and EV adoption reshape Egypt’s automotive aftermarket
Badr El Din Automotive Accessories and Tuning has identified rising import and shipping costs, foreign exchange (FX) fluctuations, changing consumer preferences and the growing adoption of electric vehicles (EVs) as…
Egypt condemns Riyadh airport attack that killed Egyptian woman, injured five
Egypt’s Ministry of Foreign Affairs, Emigration and Egyptian Expatriates Affairs strongly condemned on Sunday an attack on King Khalid International Airport in Riyadh that killed an Egyptian woman and injured…
Egypt, Indonesia target $5bn in bilateral trade by 2030
President Abdel Fattah Al-Sisi said Egypt and Indonesia aim to increase bilateral trade to $5bn by 2030, while expanding joint manufacturing projects and attracting more Indonesian investment to the Egyptian…
World Bank Group mobilises $6.7bn in private capital for Egypt since FY2022
The World Bank Group has mobilised nearly $6.7bn in private capital for Egypt since fiscal year (FY) 2022, supporting investments in renewable energy, port infrastructure, affordable housing and entrepreneurship, according…