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…
Egypt targets $6bn in outsourcing exports this year: Communications minister
Raafat Hindi, Egypt’s Minister of Communications and Information Technology, said the government is targeting outsourcing exports of $6bn this year, up from approximately $5.2bn in 2024, as part of efforts…
Egypt moves to tighten oversight of food production factories
Egypt’s Prime Minister Mostafa Madbouly chaired a high-level meeting Monday to review measures aimed at strengthening oversight and enforcement across food production factories nationwide, as part of broader efforts to…
Majid Al Futtaim launches EGP 500m construction phase for JUNCTION business park in West Cairo
Majid Al Futtaim has commenced the first phase of construction works for JUNCTION, its mixed-use business park development in West Cairo, with enabling works valued at approximately EGP 500m. The…
Unified real estate regulator could strengthen transparency, attract investment to Egypt: Savills
The growing momentum behind proposals to establish a unified body to regulate and represent Egypt’s real estate developers could mark a turning point for the sector, according to Savills Egypt,…
Nile Property Expo, BEBA to host London’s largest conference on investment opportunities in Egypt
Nile Property Expo, in partnership with the British Egyptian Business Association (BEBA), will host London’s largest economic conference dedicated to showcasing investment opportunities in Egypt on 3-4 June 2026, bringing…