TMG signs Iraq MoU for 14 million sqm project, expands Middle East footprint
Talaat Moustafa Group Holding (TMG) has signed a Memorandum of Understanding (MoU) to develop a large-scale, 14m sqm mixed-use project in Iraq, a move that will increase its land bank…
Egypt to cut customs clearance time to 2 days by 2025-end: Amawi
Ahmed Amawi, the newly appointed Head of the Egyptian Customs Authority, has pledged to reduce customs clearance times to just two days by the end of 2025. His statement came…
Canada’s Borna to invest $40m in Egypt for natural gas recovery, carbon capture plant
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), has met with representatives from Borna, a Canadian company specializing in natural gas separation, processing, and carbon…
AfDB commits $746M to Egypt in 2025, targeting private sector, pharma, and clean energy
The African Development Bank (AfDB) will provide Egypt with $746m in funding in 2025, matching the amount projected for 2026, according to Abdourahmane Diaw, AfDB’s Country Manager in Egypt. This…
AUB President Fadlo Khuri joins American Academy of Arts and Sciences
Fadlo Khuri, the sixteenth president of the American University of Beirut (AUB) in Lebanon and Cyprus, has been elected as a new fellow of the American Academy of Arts and…
US-Egypt Policy Leaders Forum convenes in Cairo to boost economic ties
The US-Egypt Policy Leaders Forum convened in Cairo on May 25-26, 2025, a gathering focused on fostering economic collaboration and investment between the two nations. The American Chamber of Commerce…
Russia, Ukraine swap prisoners; Russia forges border ‘buffer zone’ as drone warfare escalates
Moscow and Kyiv conducted another prisoner exchange on Sunday, as Russian forces continued efforts to establish a security zone along the Ukrainian border and both sides exchanged drone attacks. The…
DR Congo hopeful of US minerals deal, peace support amid Rwanda tensions
Officials from the Democratic Republic of Congo (DRC) have expressed optimism about securing an agreement with the United States next month for American investment in critical minerals and US support…
AUC joins international initiative to bolster Egypt’s healthcare system
The American University in Cairo (AUC) announced on Sunday that a team of its faculty and researchers is collaborating on a project to assess and enhance the Egyptian healthcare system,…
TMG deal embodies vision for enhanced global partnerships: Oman Housing Minister
An agreement with Talaat Moustafa Group (TMG) embodies the Sultanate of Oman's vision for enhanced partnerships with major global corporations, Oman's Minister of Housing and Urban Planning, Khalfan bin Saeed…