Egypt, US discuss Sudan, Libya, Horn of Africa, and Nile water security
Egyptian Foreign Minister Badr Abdelatty and Massad Boulos, senior adviser to the US president on Arab and African affairs, discussed the conflicts in Sudan and Libya, developments in the Horn of Africa, and Egypt’s concerns over Nile water security during
Qatari Diar Egypt unveils SOM-designed master plan for $29.7bn Alam Al Roum development
Qatari Diar Egypt has unveiled the master plan for its flagship Alam Al Roum development on Egypt’s North Coast, designed by global architecture and urban planning firm Skidmore, Owings & Merrill (SOM), as the company advances one of the region’s
Bank ABC joins consortium providing $550m financing for Cheiron’s Egyptian oil fields
Bank ABC has joined a nine-bank consortium to provide a $550m multi-facility syndicated loan to Cheiron Finance Limited to fund oil and gas development in Egypt, the lender announced. The financing will fund part of the capital expenditure required to
Egypt and Eritrea oppose unlawful non-littoral security arrangements in Red Sea
Egypt and Eritrea on Sunday completely rejected any attempts by non-littoral parties to enforce maritime access or impose security arrangements in the Red Sea in violation of international law. The declaration, which also stressed that Red Sea administration remains the
FRA mandates credit checks for life insurance policies worth EGP 10m or more
The Financial Regulatory Authority (FRA) has required life insurance companies to obtain a credit report for any applicant seeking an individual life insurance policy worth EGP 10m or more, or the equivalent in foreign currency, as part of new risk
EGX marks 30 years since CIB launched Egypt’s first Global Depositary Receipts programme
The Egyptian Exchange (EGX) marked the 30th anniversary of Commercial International Bank – Egypt’s (CIB) launch of its Global Depositary Receipts (GDRs) programme in international markets with a special opening bell ceremony, celebrating a milestone that helped connect Egypt’s capital
M squared CEO Karim Malash named in CNBC Arabia’s Top 100 Business Leaders for 2026
Karim Malash, chairperson and chief executive officer of M squared, has been named one of CNBC Arabia’s Top 100 Business Leaders for 2026. The ranking identifies executives, founders, and innovators based on their measurable performance and tangible impact on Middle
Egypt’s annual urban inflation eases to 14.3% in June as food prices slow: CBE
Egypt’s annual urban headline inflation eased to 14.3% in June 2026, down from 14.6% in May, as a sharp slowdown in food inflation offset continued increases in non-food prices, according to the Central Bank of Egypt (CBE). The CBE said
Egypt, Tanzania sign cooperation deals, advance plans for shipping corridor, agricultural project
Egyptian President Abdel Fattah Al-Sisi and Tanzanian President Samia Suluhu Hassan discussed plans to launch a large-scale agricultural land reclamation project, establish a new maritime shipping route, and expand cooperation in port development, as the two countries moved to strengthen
Egypt condemns Iranian strikes on Arab states as regional conflict escalates
Egypt strongly condemned Iranian attacks targeting Kuwait, Bahrain and Oman, including strikes on civilian facilities and critical infrastructure, describing them as flagrant violations of the sovereignty of Arab states and a dangerous escalation that threatens Gulf security and regional stability.