Next fiscal year to see rollout of tax, customs, and property facilitation packages: Finance minister
Egypt's Minister of Finance Ahmed Kouchouk announced that fiscal year 2026/2027 will witness the implementation of a series of tax, customs, and property facilitation packages aimed at easing obligations and…
Egypt studies global logistics hub in SCZONE to strengthen trade, supply chain position
Egypt's Prime Minister Mostafa Madbouly chaired a high-level meeting to review proposals for establishing a global logistics distribution hub within the Suez Canal Economic Zone (SCZONE), as part of Egypt’s…
Israel threatens strikes on Beirut as Hezbollah attacks intensify, Iran issues warning
Tensions escalated sharply along the Lebanese-Israeli frontier after the Israeli military issued evacuation warnings for parts of Beirut’s southern suburbs ahead of planned airstrikes. At the same time, Hezbollah intensified…
Egypt advocates deeper Africa-Korea partnerships to drive sustainable development
Egyptian Foreign Minister Badr Abdelatty said on Monday that the partnership between South Korea and Africa could serve as a model for development cooperation based on mutual benefit, calling for…
Pro-Trump conservative de la Espriella tops Colombian first-round vote as Petro questions results
Pro-Donald Trump conservative lawyer Abelardo de la Espriella unexpectedly topped the first round of Colombia's presidential election, prompting incumbent left-wing President Gustavo Petro to question the preliminary results and the…
Oil prices surpass $94 amid stalled US-Iran peace talks and Hormuz closure
Oil prices have rebounded from a six-week low, with Brent crude surpassing $94 a barrel, amid persistent uncertainty over a temporary peace agreement between the United States and Iran that…
China conducts naval patrols east of Taiwan in response to Japan-Philippines maritime boundary talks
China announced on Monday that it conducted naval patrols in the waters east of Taiwan in direct response to a decision by Japan and the Philippines to launch talks on…
Kremlin accuses France of ‘piracy’ after navy boards sanctioned Russian oil tanker
The Kremlin on Monday accused France of "international piracy" and warned of retaliatory measures to ensure shipping safety, after President Emmanuel Macron announced the French navy had boarded a sanctioned…
TMG secures licence for $18.8bn mega development in Iraq
Talaat Moustafa Group Holding (TMG Holding) announced that its subsidiary, Talaat Moustafa Company Baghdad, has obtained an investment licence from the Iraqi National Investment Commission (licence No. 2026/515, issued on…
Egypt, UK explore deeper investment and trade cooperation
Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, met with UK Ambassador to Egypt Mark Bryson-Richardson, alongside officials from both sides, to discuss ways of strengthening the economic partnership…