Oil and gas prices surge as Iran re-closes Strait of Hormuz
Oil and European natural gas prices surged after Tehran re-closed the Strait of Hormuz and fired on vessels following the US Navy's seizure of an Iranian ship, halting all shipping…
US-Iran talks hang in balance as mistrust complicates Pakistan diplomacy
Diplomatic efforts to stabilise the ceasefire between the United States and Iran entered a delicate phase on Monday, as both sides sent mixed signals over the prospects of a new…
PM Madbouly reviews fuel financing, stock levels with finance, petroleum ministers
Prime Minister Mostafa Madbouly convened a meeting this morning at the government headquarters in the New Administrative Capital with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim Badawi to review…
Al-Sisi tells US envoy water security is ‘existential’, calls for end to Sudan war
Egyptian President Abdel Fattah Al-Sisi has told a senior US adviser that Egypt’s water security is an “existential issue”, underscoring that Cairo will not compromise on its vital water interests,…
Keller Williams expands into Egypt with master franchise agreement
Keller Williams Realty (KW), one of the world’s largest real estate franchise networks by agent count, has announced its entry into the Egyptian market as part of its ongoing international…
Biography’s EGP 20bn ‘101’ project in Mostakbal City records rapid construction progress
Biography, a subsidiary of El Attal Holding, has announced notable progress in the construction of its “101” residential project in Mostakbal City, following a media site visit organised to showcase…
Egypt signs MoU to localise desalination membrane manufacturing
Egypt has taken a further step towards strengthening its water infrastructure and industrial base, signing a memorandum of understanding (MoU) to develop, build, and operate a factory for producing seawater…
Egypt steps up efforts to restore ecological balance of Lake Qarun
Egypt is accelerating the implementation of a comprehensive plan to restore the ecological balance of Lake Qarun, with a strong focus on wastewater treatment and pollution reduction, according to the…
Bohra Sultan pledges to boost tourism to Egypt as Al-Sisi vows support for mosque restorations
The Sultan of the Bohra sect, Mufaddal Saifuddin, confirmed plans to increase the number of Bohra tourists visiting Egypt, as President Abdel Fattah Al-Sisi pledged the state's continued assistance for…
Egypt’s WADICO reports 2025 net profit exceeding EGP 1bn, signs MoU with China’s Xingfa
Egypt’s New Valley Company for Mineral Resources and Oil Shale (WADICO) posted a 195% surge in its 2025 net profit to exceed EGP 1bn, driven by EGP 2.8bn in operating…