Shell Egypt, Ministry of Petroleum spotlight youth innovation and entrepreneurship at EGYPES 2026 Youth Impact Ceremony
A youth project tackling online gaming addiction and a sports-tech startup took top honours on Wednesday at the EGYPES 2026 Youth Impact Ceremony, hosted by Shell Egypt and the Ministry…
FRA chair meets mortgage finance firms to boost activity, efficiency
Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), held a meeting with representatives of the Egyptian Mortgage Federation and companies operating in the sector, as part of the Authority’s…
Egypt targets $1bn in annual marble, granite exports
Egypt’s Minister of Industry Khaled Hashem has held a high-level meeting to discuss mechanisms to boost marble and granite exports and address challenges facing quarry operators. He affirmed the government’s…
Russia says it has full control of Ukraine’s Luhansk region
The Russian Defence Ministry said on Wednesday its forces have seized full control of the Luhansk region in eastern Ukraine, as Kyiv continues a campaign of drone strikes against Russian…
Japan, France agree to coordinate on reopening Strait of Hormuz as Trump says US will have ‘no role’
Japan and France agreed on Wednesday to coordinate closely on efforts to end the war in Iran and reopen the Strait of Hormuz to oil and gas tankers, as US…
UK to host 35-nation meeting on Hormuz as Starmer vows Britain will not be ‘dragged’ into war
British Prime Minister Keir Starmer said on Wednesday that the Middle East conflict is "not our war" and announced that the United Kingdom will host a 35-nation meeting this week…
Houthi Red Sea attacks could drive oil to $140, Bloomberg Economics says
Global oil prices could surge to $140 per barrel if Houthi rebels target shipping in the Red Sea, potentially worsening what is already considered the largest energy disruption in history,…
Cairo calls for increased trade and infrastructure cooperation with Gambia
Egypt called for an increase in bilateral trade and the expansion of Egyptian private sector involvement in the Gambian market during a ministerial meeting in Cairo on Wednesday. Foreign Minister…
Egypt Finance Minister says prioritising essential supplies and investor needs key to mitigating economic risks
Egypt's Finance Minister Ahmed Kouchouk said on Wednesday that prioritising essential supplies for citizens and production requirements for investors is key to mitigating economic risks. Speaking during a meeting of…
MIDAR, Gruppo GKSD sign €600m agreement for integrated medical hub in MADA, East Cairo
MIDAR for Investment and Urban Development, the master developer of integrated mega cities in New Cairo, has signed a memorandum of understanding (MoU) with Italy’s Gruppo GKSD, an international leader…