Al-Sisi, UAE’s Mohammed bin Zayed welcome Iran ceasefire, Hormuz reopening
Egyptian President Abdel Fattah Al-Sisi and United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan welcomed the recent agreement to halt the war with Iran and reopen the Strait of Hormuz, stressing the importance of continued Arab coordination to
Kuwait expels Iranian diplomats after attacks on civilian facilities
Kuwait escalated its diplomatic response to Iran on Wednesday, expelling two Iranian diplomats and summoning the acting head of the Iranian embassy after attacks that Kuwait and Bahrain said targeted civilian and critical facilities. The incidents have drawn widespread Arab
VIE Communities debuts in Egypt with EGP 150bn New Cairo projects
VIE Communities, a newly formed Egyptian-Emirati real estate alliance, has officially launched in Egypt with plans to develop two landmark projects in New Cairo, representing combined investments exceeding EGP 150bn. The partnership brings together Future of Egypt for Investment and
Beltone Venture Capital, Citadel International exit Bosta with 75% IRR
Beltone Venture Capital and UAE-based Citadel International Holdings have announced the successful exit of their joint investment in logistics startup Bosta, achieving an internal rate of return (IRR) of 75%. The transaction represents the fifth successful exit for Beltone Venture
Egypt reviews progress on 1,500 MW renewable energy projects with UAE’s AMEA Power
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, held talks with a delegation from UAE-based AMEA Power, a subsidiary of the Al Nowais Group headed by Sheikh Hussein Al Nowais, to review progress on renewable energy and standalone battery
UAE ranks among top 10 markets for Egyptian processed food exports, reaching $196m
The United Arab Emirates (UAE) has emerged as one of the top 10 export destinations for Egyptian processed food products, with exports valued at $196m in 2024, reflecting the growing presence and competitiveness of Egyptian food manufacturers in Gulf markets,
Cairo conducts intensive contacts to halt Yemen fighting as government forces seize key port
Egypt is conducting intensive contacts with all parties to the Yemeni conflict to urge de-escalation and support a peace path, the Ministry of Foreign Affairs, Emigration and Egyptian Expatriates said on Saturday, as Saudi-backed government forces retook the strategic port
UAE, Egypt move to finalise comprehensive economic partnership agreement negotiations
Egypt and the United Arab Emirates are working to conclude negotiations on a comprehensive economic partnership agreement intended to increase investment flows and enhance economic competitiveness, Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib said. During a meeting in
IBF & Company acquires 50% stake in Diatom CBT to drive cross-border e-commerce expansion
IBF & Company has completed the acquisition of a 50% equity stake in Diatom CBT, a cross-border technology company operating in the UAE and Egypt, in a move aimed at strengthening its portfolio of technology-driven ventures and expanding its footprint
Egypt discusses Trump peace plan phase two and Gaza force at UAE forum
Egyptian Minister of Foreign Affairs Badr Abdelatty discussed the implementation of the second phase of President Trump’s peace plan for Gaza and the urgent formation of an international stabilization force during meetings at the Sir Bani Yas Forum on Saturday.