Egypt’s Sisi considers military courts for price gougers amid regional crisis
Egypt President Abdel Fattah al-Sisi said on Friday he has instructed officials to study the possibility of referring those who manipulate commodity prices to military courts, describing the current economic…
Azerbaijan vows retaliation after blaming Iran for drone strikes on Nakhchivan
Azerbaijan President Ilham Aliyev on Thursday ordered his armed forces to prepare "appropriate retaliatory measures" after accusing Iran of carrying out an "unjustified act of terrorism and aggression" involving drone…
Saudi Arabia triples Red Sea oil exports to bypass blocked Strait of Hormuz
Saudi Arabia has diverted millions of barrels of crude oil to its Red Sea ports, tripling export volumes from its western coast this month to maintain global supplies as the…
Egypt to add 2,500MW of renewable energy capacity to national grid
Egypt plans to add approximately 2,500 megawatts of renewable energy capacity to the national electricity grid before next summer, according to a presidency statement issued following a high-level meeting chaired…
Regional war fears mount as Iran, Israel, and U.S. exchange strikes
Military confrontation between the United States and Israel on one side and Iran on the other entered a fifth consecutive day, with attacks spreading across several Gulf states and heightening…
CI Capital Holding posts EGP 10.2bn revenues, EGP 1.6bn net profit in 2025
CI Capital Holding announced its financial results for 2025, reporting consolidated revenues of EGP 10.2bn and net profit after tax and minority interest (NPATM) of EGP 1.6bn. The group’s on-balance…
Unilever expands Ramadan outreach through new partnership with Egyptian Food Bank for ‘Knorr 7aletha’
Unilever Egypt has launched Knorr’s Ramadan 2026 campaign, “Knorr 7aletha”, aiming to engage more than 10 million Egyptians during the holy month through a consumer-led initiative that links everyday cooking…
Egypt accelerates rehabilitation of Raml Tram to boost capacity, cut travel time
Minister of Transport Kamel Al-Wazir toured Alexandria to review progress on the rehabilitation and modernisation of the historic Raml Tram, a flagship national project aimed at upgrading urban mobility and…
Industry Minister reviews $480m expansion plans with Elaraby Group in New Quesna
Egypt’s Minister of Industry, Khaled Hashem, held an extensive meeting with representatives of Elaraby Group, led by CEO Mohamed El-Araby, to review the company’s current operations, future expansion plans, and…
Egypt explores integration of university hospitals into Universal Health Insurance system
Egypt’s Health Minister Khaled Abdel Ghaffar and Higher Education Minister Abdelaziz Konsowa held talks on integrating university hospitals into the country’s Universal Health Insurance system, according to a statement from…