Gold prices fall 3.6% in one week amid market correction
Gold prices in Egypt fell by 3.6% over the past week, marking a decline of EGP 200 per gram, as the market undergoes what experts describe as a “natural correction”…
BP adds 80 mcf/d from new Raven well in Mediterranean
BP has announced the successful start-up of the RW5 well, adding 80 million cubic feet per day (mcf/d) of new gas production within the West Nile Delta (WND) project. The…
Egypt Kuwait Holding sells 63.4% stake in Delta Insurance to Morocco’s Wafa Assurance for EGP 3.17bn
Egypt Kuwait Holding (EKH) announced the completion of the sale of its entire 63.39% stake in Delta Insurance to Morocco’s Wafa Assurance, under the latter’s mandatory tender offer. In a…
Magna AI, TechnoVal form $300m alliance to drive AI-powered industrial transformation in MENA
Magna AI and TechnoVal have announced a strategic alliance worth $300m aimed at accelerating AI-driven industrial and digital transformation across the Middle East and Africa. The announcement was made during…
Easy H Trade launches Egypt’s first outsourced export management service
Easy H Trade has launched Egypt’s first outsourced export management service, introducing a new model that enables companies to manage their export operations externally without the need for in-house export…
Beltone Venture Capital exits Morocco’s Cathedis, achieving 100% IRR
Beltone Venture Capital (BVC) – a wholly owned subsidiary of Beltone Holding – announced its successful exit from Cathedis, Morocco’s leading last-mile delivery and logistics platform, achieving an exceptional 100%…
ECS showcases Egypt’s investment opportunities to German business delegation
As part of the official visit of German President Frank-Walter Steinmeier to Egypt for the inauguration of the Grand Egyptian Museum (GEM), a high-level delegation of leading German business representatives…
Satellite images reveal extensive destruction in El-Fasher as violence escalates, global pressure mounts
High-resolution satellite imagery has revealed extensive destruction across the Sudanese city of El-Fasher, the capital of North Darfur, following its capture by the Rapid Support Forces (RSF) on 26 October.…
Egypt sets COP30 priorities, showcases voluntary carbon market
Egypt’s Minister of Local Development and Acting Minister of Environment, Manal Awad, held discussions with EU Climate Commissioner Wopke Hoekstra and Denmark’s Climate Ambassador Ole Thonke on the sidelines of…
Advanced Cargo Information to be implemented at airports from January 2026: Finance Minister
Minister of Finance Ahmed Kouchouk announced that the Advanced Cargo Information (ACI) system will be officially implemented at Egypt’s airports starting 1 January 2026. Kouchouk explained that the trial phase,…