25 injured as train derails in South Africa’s Western Cape

Twenty-five people were injured when a train derailed on Tuesday night in South Africa's Western Cape province, local authorities confirmed on Wednesday. The derailment occurred at Dal Josafat Station near…

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Asharq Business with Bloomberg Expands Programming Amid Growing Demand for Economic News

12 hours of business news coverage with the latest market, economic and company updates

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Africa’s Next Frontier for Trade and Investment in the Caribbean and Latin America

As Africa continues to assert itself on the global economic stage, African businesses increasingly look beyond traditional markets to explore new opportunities. Among the emerging regions that hold significant potential…

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Al-Sisi, King Abdullah II discuss Gaza ceasefire

Egyptian President Abdel Fattah Al-Sisi received a phone call on Tuesday from Jordanian King Abdullah II, during which they discussed the latest regional developments, particularly the situation in the Gaza…

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Egypt, China discuss water cooperation at Abu Dhabi forum

Hani Sweilem, Egypt’s Minister of Water Resources and Irrigation, met with Zhu Chengqing, Vice Minister of Water Resources of China, on the sidelines of the 6th Arab Water Forum in…

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Egypt, South Korea explore ways to expand cooperation in transport, industrial development

South Korea’s ambassador to Cairo, Kim Yonghyon, has met with Kamel Al-Wazir, Egypt’s Deputy Prime Minister for Industrial Affairs and Minister of Transportation, to discuss strengthening bilateral cooperation in transportation…

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Egypt’s home appliances sector attracts 5 global companies: EEC

Egypt has attracted five global companies to the local home appliances sector, including three Chinese companies, one Turkish, and one European company, according to the Chairperson of the Engineering Export…

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Egypt’s Environment Minister outlines progress on sustainability initiatives

Egypt's Prime Minister Mostafa Madbouly met with Environment Minister Yasmin Fouad on Tuesday to discuss the ministry’s progress on a range of initiatives aimed at improving waste management, environmental protection,…

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Egyptian Exchange shows positive performance, Prime Minister says

Egypt's Prime Minister Mostafa Madbouly highlighted the Egyptian Exchange (EGX)’s crucial role in the government's broader strategy to attract foreign investment and develop a more appealing investment environment in Egypt.…

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Public Enterprises Minister reviews investment opportunities at Metallurgical Holding, private sector partnerships

Minister of Public Enterprises Sector, Mohamed Shimi, has met with Mohamed El-Saadawy, Managing Director of the Metallurgical Industries Holding Company, and CEOs of affiliated companies. The meeting was part of…

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