Egypt-Saudi electricity interconnection enters final testing phase, launch expected within weeks
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, has announced that the Egypt-Saudi electricity interconnection project has entered its final testing stage, with close coordination under way with Saudi…
Ministers of Investment, Sports plan investment fund to boost Egyptian athletes’ international performance
Egypt is considering the establishment of an investment fund to provide sustainable and innovative financing for the country's sports talent, Investment and Foreign Trade Minister Mohamed Farid said. Farid met…
Suez Canal Bank expands footprint in Upper Egypt with new Sohag branch
Suez Canal Bank has announced the opening of its latest branch in Sohag, as part of its ambitious geographic expansion strategy The expansion aligns with Egypt Vision 2030 and the…
Strong growth in saib’s loans, credit facilities portfolio and customer deposits by end-2025
The 2025 results of SAIB Bank showed strong growth in its loans and credit facilities portfolio, which reached EGP 79.1bn. According to the bank’s financial statements, the loans and credit…
Edita becomes exclusive snacking partner at redeveloped Giza Zoo
Edita Food Industries S.A.E. announced the signing of a Memorandum of Understanding (MoU) with Hadayieq, the development company overseeing the redevelopment of Giza Zoo and Orman Garden, positioning Edita as…
HDB’s net profit rises 56% to EGP 17.2bn in 2025
Reaffirming its sustainable growth trajectory and strengthening its position within Egypt’s banking sector, the Housing and Development Bank (HDB) concluded 2025 with robust financial and operational results. The performance reflects…
Middle East Braces for Impact as US-Iran Diplomacy Hits Deadlock
When Omani mediators entered a secure room in Muscat earlier this month, they carried a single envelope containing a fresh proposal from Washington regarding Iran’s ballistic missile programme. Across the…
US Ambassador Mike Huckabee Backs “Greater Israel” Expansion to “Whole Middle East”
Sitting across from commentator Tucker Carlson, United States Ambassador to Israel Mike Huckabee was presented with a map defined not by the 1967 borders, but by the ancient boundaries of…
AAIB funds Upper Egypt’s 1st AI-powered integrated radiotherapy system
Arab African International Bank (AAIB) has signed an agreement with Siemens Healthineers to provide Assiut University Hospitals with Upper Egypt’s first integrated artificial intelligence-powered radiotherapy system, the bank announced on…
Opinion | Forecasting Uncertainty: Diplomacy, Deterrence, and the Limits of Political Prediction in the Iran–Israel Crisis
At the very least, if we analyze the situation without speculating about intentions or disregarding the overwhelming evidence before us, U.S. President Donald Trump appears determined to continue pursuing a…
