Business Egypt Emerging Markets Headlines

Egypt: New trade entity aimed at strengthening exports across Arab markets

Egypt is set to establish a new trade entity aimed at strengthening exports across Arab markets, as part of a broader strategy to drive economic growth. The Arab Alliance for Industrial Investment, comprising 41 private Egyptian companies, is expected to be fully operational by next week, according to a report by Ashraq Business released on […]

Egypt Headlines

AI urges Egypt to end reprisals against hunger-striking detainees

Amnesty International has called on Egyptian authorities to halt reprisals against prisoners at 10th of Ramadan Prison who have been protesting against their arbitrary detention through a hunger strike. The detainees began their strike in early January 2025, demanding the release of those held in pretrial detention for over six months, the right to outdoor […]

Business Egypt Emerging Markets Headlines Morocco

Morocco, Egypt review trade agreement

Morocco and Egypt are reviewing their free trade deals after Egyptian authorities-imposed restrictions on Morocco’s car exports. The news was confirmed by spokesman for the government Mustapha Baitas who said relations between the two countries were excellent but their trade agreement was being reviewed by trade officials. News outlets from the two countries mentioned that […]

Egypt Finance Headlines

Ramadan: Egypt unveils EGP 200bn support package to combat rising costs

In a bid to alleviate the burden of rising living costs on citizens, the Egyptian government has announced a substantial EGP 200 billion social support package, which will be implemented during Ramadan and extended into the upcoming fiscal year. Prime Minister Mostafa Madbouly revealed the details of the new initiative on Wednesday February 26, which […]

Egypt Headlines

Libya: Author of assassination attempt on Cabinet Minister Adel Juma identified

The Attorney General’s Office revealed on Tuesday February 25 that the Public Prosecutor has successfully identified the individual responsible for the recent assassination attempt on Cabinet Minister, Adel Juma. The prosecutor confirmed that the suspect had fled the country to neighboring Tunisia. The Public Prosecutor has issued an arrest warrant and taken steps to apprehend […]

Asia Egypt Headlines International

Syria’s new president invited to attend emergency Arab summit

Syria’s newly appointed President, Ahmed al-Sharaa, has received an invitation from Egyptian President Abdel Fattah el-Sissi to attend an emergency Arab League summit in Cairo on March 4, as confirmed by a statement from the Syrian presidency on Sunday February 23. This marks a significant development in Syria’s efforts to rebuild its relationships with the […]

Asia Business Egypt Energy Headlines International

Acwa Power to Build Major Wind Power Plant in Egypt in $2.3 Billion Deal

Acwa Power, the Saudi renewable energy giant, has announced tthis week hat plans are underway to build, own, and operate a 2-gigawatt (GW) wind power plant in South Hurghada, Egypt. This large-scale facility, which is expected to generate enough electricity to power nearly 2 million homes, is part of the company’s ongoing expansion into the […]

Egypt

Tragic collapse of residential building in Cairo, 10 fatalities

A devastating building collapse in Kerdasa, a working-class district on the outskirts of Cairo, has resulted in at least 10 fatalities and left eight others injured on Monday February 17, according to reports from Egyptian state media. Authorities indicated that additional individuals may be trapped beneath the rubble, though their identities remain unknown at present. […]

Culture Egypt Headlines

Discovery of 30-Million-Year-Old Apex Predator Fossil Sheds Light on Prehistoric Carnivores

A rare fossil uncovered in Egypt’s Fayum Desert has led to the identification of a new species of apex predator, named Bastetodon. This remarkable discovery, published in the Journal of Vertebrate Paleontology, offers fresh insights into the evolution of ancient carnivorous mammals that once dominated African ecosystems. The fossil belongs to the hyaenodonts, an extinct […]

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Egypt to present alternative Gaza reconstruction plan, Palestinians’ forced displacement rejected by all Arab nations

Egypt has announced on Wednesday February 12 that it is working on a comprehensive plan for the reconstruction of Gaza that ensures Palestinians can remain on their land, rejecting a controversial proposal put forward by US President Donald Trump that no Arab nation supports. Egyptian Foreign minister Abdelatty Badr expressed his country’s intention to cooperate […]