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Sidi Kerir Petrochemicals Company (Sidpec) reports a 34.8% year-on-year revenue rise for the first nine months of 2026, with revenue reaching 14.713 billion EGP and net profit after tax of 1.496 billion EGP,…
Read the full brief →Europe’s LNG imports declined 13% year-on-year to 21.52 million metric tons in Q3 2026, compared with 24.73 mmt in Q3 2025, according to Attaqa’s energy research unit (report published Oct 16). The decrease…
U.S. President Donald Trump suspended key sanctions and tariffs on Russia’s oil trade on October 16, delaying duties that could have reached up to 100% for major buyers of Russian crude and natural gas. The…
A Saudi Aramco joint venture, Huajin Aramco Petrochemical, located in Panjin, Liaoning, China, has received its first shipment of crude oil as it moves toward commercial operations at a 300,000 bbl/d refinery…
Claudio Descalzi, CEO of Eni, urged the European Union to suspend its carbon emissions trading system (ETS) to reduce pressures on the bloc’s industrial sector amid ongoing crises in Ukraine and Iran. He said…
The International Energy Agency reports that record-high tanker freight rates have driven margins for Asian refiners processing medium-sour crude into negative territory in September, driven by higher…
OPEC+ ministers emphasized protecting key international sea lanes to maintain energy flows, warning that higher shipping and insurance costs are adding pressure to the global economy. The remarks came during…
Reports indicate Russia could boost diesel exports to the US and global markets, with potential monthly volumes rising from 3 million to 3.5 million metric tons by end-2026, amid a deal referenced by former…
Foreign companies invested $6.7 billion in greenfield projects in Egypt’s oil and mineral resources sector during FY2025/26, according to the Central Bank of Egypt’s balance of payments report. Net sector FDI…
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, held discussions with Chevron’s senior executives to review the remaining steps to connect Cyprus’ Aphrodite natural gas field to Egypt’s…
Egyptian and Cypriot officials emphasised accelerating gas connection projects and turning discovered resources into production, leveraging Egypt’s infrastructure to receive, process, and liquefy gas, and to…
The Joint Ministerial Monitoring Committee (JMMC)—comprising Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Nigeria, Algeria and Venezuela—emphasized safeguarding international maritime routes and energy…
Saudi Aramco reduced its November official selling prices for Asian buyers to the lowest level in six years, a move described as aimed at preserving market share amid higher freight costs and regional…
Egypt’s Mineral Resources and Mining Industries Authority (MRMIA) has announced closing dates in October for bidding on three gold exploration blocks under its Open Blocks System. Details on the blocks…
Egypt aims to use its oil, gas, and mining infrastructure to link African resources with regional and international markets, leveraging its geographic location, infrastructure, and national companies’…
Egypt’s planning minister met with a World Bank official to outline an integrated framework for advancing the mining industry. The roadmap, prepared with World Bank collaboration, aims to scale mineral…
The Egyptian Cabinet has rejected reports claiming Egypt will spend $50 million to repair the Energos Winter FSRU after a drone attack at Damietta Port. The MoPMR was asked to comment and confirmed that the…
US President Donald Trump indicated that discussions about a potential ban on US diesel exports are ongoing, with talks described as happening “every day.” He suggested the measure could help reduce diesel…
Alexandria Mineral Oils Company (AMOC) reports completion of mechanical works for its Acid Gas Treatment Project, including equipment installation and testing. The unit is in trial operations as AMOC seeks to…
Worley, an Australia-based professional services company in energy, chemicals, and resources, has expressed interest in exploring cooperation opportunities in Egypt’s mining sector. Worley’s VP for Project…
The IFC is evaluating a $120 million debt facility to Al Cazar Energy to support the acquisition, operation, and maintenance of the 580 MW Gabal El Zeit wind farm in Egypt’s Red Sea Governorate. Details on…
Egypt’s oil refining activity increased 22.4% year-on-year in Q3 FY2025/26, contributing to an 8.7% growth for the full fiscal year. The figures were presented during a meeting between the Minister of…
Petrosannan, the Egypt–Ukraine JV of EGPC and Naftogaz, exceeded its natural gas production target for FY 2025/26 by 36%, achieving 7.67 mmcf/d. Oil and condensates production also reached 101% of its target,…
Gasoline shipments have begun moving from Syria to Iraq by road, inaugurating a two-way energy corridor as Baghdad looks for alternatives to Hormuz shipping disruptions. The first cargo (about 32,800 metric…
Energean has finished decommissioning the Kilmar and Garrow platforms in the UK North Sea, removing over 3,500 tonnes of steel to the Netherlands for dismantling, reuse, and recycling. The campaign reported…
The US president reportedly supports restricting diesel exports to keep more fuel domestically amid record-high energy prices. No specifics on implementation or eligibility are provided.
Baker Hughes has secured the top spot in the energy category and 37th overall in the 2026 100 Best Corporate Citizens ranking, highlighting leadership in sustainability, transparency, and corporate…
Egypt’s LNG imports from the United States reached a record 86.05 bcf in June 2026, rising 236% from a year earlier as Cairo expanded spot-market purchases to meet surging domestic power demand, with…
A discussion with Emma Richards of BMI, Fitch Solutions, assesses how the Saudi East–West Pipeline shutdown could affect Red Sea exports and ripple through global oil markets. The analysis notes fragility of…
Egypt has received a $3.55 million grant from the African Development Bank to support the Ra green ammonia project in East Port Said, under the AfDB Africa Green Hydrogen Program. The program aims to catalyze…
A Ukrainian drone attack damaged a facility at Moscow’s oil refinery, continuing strikes on Russia’s energy infrastructure amid ongoing hostilities and a large number of drones reported over the country.…
Saudi Aramco has halted October crude deliveries to at least two European refiners following drone attacks that disrupted the East-West pipeline and Red Sea exports. The move underscores ongoing volatility in…
The Mineral Resources and Mining Industries Authority (MRMIA) in Egypt has opened applications for licenses to establish and operate laboratories that analyze rocks and ores from mines, quarries and saltpans.…
Egypt’s Ministry of Petroleum and Mineral Resources has signed six preliminary exploration agreements covering areas in Upper Egypt, including North Baraka, Red Sea, Khart, South Baraka, Southeast Ras El Ush,…
Iraq conducted a brief pilot to move southern crude by truck to a storage site in Kirkuk to increase volumes for the northern export system and support shipments through Türkiye’s Ceyhan port. The two-day…
Libya intends to raise natural gas output to at least 4 bcf/d over the next three to five years, according to Libyan Minister of Oil and Gas Khalifa Abdulsadek. He characterized available opportunities as…
Industry sources say China and India’s LNG imports may rebound from multi-year lows once Middle East supply disruptions ease and prices fall, with the ongoing Middle East conflict impacting exports from Qatar…
XRG, the Abu Dhabi National Oil Company’s international energy investment platform, has completed the acquisition of a 12.5% stake in Azerbaijan’s Southern Gas Corridor CJSC from Azerbaijan’s Ministry of…
UAE entities ADNOC, XRG, and Masdar signed a series of agreements with German companies to enhance cooperation in LNG, natural gas, offshore wind, and low-carbon ammonia, supported by artificial intelligence…
QatarEnergy is reportedly negotiating multi-year LNG supply agreements with several US producers to extend through 2031, in an effort to offset output reductions after attacks on Ras Laffan facilities. The…
Egypt’s Ministry of Petroleum and Mineral Resources and Kenya’s climate delegation discussed cooperation to share expertise in green manufacturing, biofuels, energy efficiency, and emissions reduction. The…
A news report based on IEA data indicates Saudi Arabia reduced crude oil supply to about 6 million barrels per day in August, the lowest in more than three decades, due to attacks on energy facilities and…
The International Energy Agency (IEA) forecasts a 5.7 million barrels per day reduction in global oil supply for 2026, driven by ongoing Gulf region disruptions that delay the normalization of oil flows into…
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi announced that the country has secured natural gas supplies for the peak electricity consumption period for a second consecutive year, ensuring…
Oil markets rose above $100 per barrel amid escalating regional tensions and reports of new military activity, with concerns over global supplies contributing to the price move. The development follows recent…
Energean plans to consolidate its Abu Qir, North El Amriya, and North Idku concessions into one framework and to pursue a new investment program of up to $150 million over the next four years to enhance…
Egyptian General Petroleum Corporation (EGPC) and Saudi Petromin signed a protocol to establish a specialized company to oversee Petromin’s investments and expansion plans in Egypt’s lubricants sector,…
Misr Petroleum indicates it generated over EGP 230 billion in revenues and sold more than 8 million tons of petroleum products in FY 2025/26. The company also noted investments of about EGP 1 billion, with…
Maridive & Oil Services announces an 11% year-on-year increase in its standalone operating revenue for H1 2026, reaching $43.09 million, with a shift to a $4.55 million standalone net profit after a prior…
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, urged expanding refineries, transportation networks, and storage capacity to bolster energy security and reinforce Egypt’s role as a regional…
bp has named Ian Tyler as its new chair after an internal and external search, with Tyler stepping into the role immediately. He joined bp’s board as a non-executive director in April 2025 and had been…
Egypt’s Mansour Group and Chinese battery maker Tianneng Battery Group have signed a memorandum of understanding to explore opportunities for battery manufacturing and energy storage solutions in Egypt. The…
Egyptian Prime Minister Mostafa Madbouly and Minister of Petroleum Karim Badawi reviewed efforts to secure domestic energy supplies, boost oil and gas production, and accelerate exploration and field…
PetroChina, a leading Chinese hydrocarbon producer and distributor, reported revenue of RMB 1.53 trillion for the first half of 2026, up 5.3% year-on-year, with profit attributable to owners rising 22% to RMB…
A US president stated that oil secured under a new agreement with Venezuela will be used to replenish the United States’ Strategic Petroleum Reserve, which has been drawn down in recent years amid global…
Egypt’s growing appeal as a base for international professionals — across energy, development finance, diplomacy, NGO work, and the expanding technology sector in Cairo’s New Administrative Capital — has…
In a first-of-its-kind collaboration in Egypt, Beltone Mortgage Finance, Property Finder, Coldwell Banker Egypt, and Al Ahly Sabbour have joined forces to introduce an integrated “Open House” concept.…
The Financial Regulatory Authority (FRA) has initiated criminal proceedings, revoked a chief executive’s licence, and imposed a one-month ban on new contracts for a consumer finance company found to have…
The private sector currently accounts for nearly 60% of total investments in Egypt as improving economic indicators drive international risk assessments to their lowest levels since 2014, Finance Minister…
Egypt currently holds safe levels of foreign exchange reserves capable of securing strategic requirements for basic commodities, Prime Minister Mostafa Madbouly and Central Bank of Egypt (CBE) Governor…
The Central Bank of Egypt (CBE) has approved regulations governing the services of the Digital Financial Identity (DFI) Platform for identifying bank customers and electronically verifying their identities…
International investors have lowered their assessment of investment risk in Egypt to its lowest level since 2014 in response to recent economic reforms, Finance Minister Ahmed Kouchouk said. Speaking at an…
Aqar Exit has launched operations in Egypt’s real estate market, aiming to help customers facing difficulties meeting property-related financial obligations exit their units and recover amounts already…
The Central Bank of Egypt’s (CBE) Monetary Policy Committee will hold its fifth meeting of the year on Thursday to decide on its key interest rates, a major indicator of the near-term direction of interest…
The Central Bank of Egypt (CBE) said the rise in annual urban headline inflation in July 2026 was mainly attributed to an unfavourable base effect, as monthly prices remained stable during the month. Annual…
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Pakistan’s army chief Field Marshal Asim Munir is due to visit Tehran on Tuesday, according to a Pakistani official and Iranian media. Pakistan has played a key mediating role between the US and Iran this year. The scheduled visit follows earlier talks between Munir and Iranian leaders in the summer that focused on measures to […] The post…
CAIRO, Oct. 20,1973 — Cameramen belonging to international TV services and news agencies are seen filming one of the Israeli tanks destroyed in the final battles. The post Heavy Israeli losses in final battles appeared first on Egyptian Gazette .
LISBON — Cristiano Ronaldo has been handed a 30-day suspension for leaving the Portuguese national team camp during the UEFA Nations League, the country’s football federation (FPF) announced on Monday. The 41-year-old left the Portugal camp on September 30, before accusing coach Jorge Jesus of breaking his word about giving him game time. Ronaldo…
Omar Marmoush scored his first goal for Tottenham Hotspur as they beat Coventry City, ending their six-match winless start to the season. The Egyptian forward struck in the 59th minute at Tottenham Hotspur Stadium, restoring Spurs’ lead shortly after Coventry had equalised. The victory gave Roberto De Zerbi’s side their first league win of the […] The post…
ANKARA — Trabzonspor secured a 2-0 win over Besiktas at Papara Park in Matchday 8 of the Turkish Super Lig. Ozan Tufan opened the scoring in the 21st minute before Mohamed Salah doubled the lead in the 71st minute. The result lifted Trabzonspor to fourth place in the standings with 16 points, while Besiktas slipped […] The post Salah stars as Trabzonspor…
Minister of Foreign Affairs, International Co-operation, and Egyptian Expatriates Badr Abdelatty met on Monday with the France’s Special Envoy for Palestine to discuss the two-state solution and recognition of Palestine, in the presence of France’s ambassador to Cairo, Eric Chevallier. Abdelatty praised joint efforts by France and Saudi Arabia to support…
FIFA suspended Egypt’s coach Hossam Hassan and director Ibrahim Hassan for three matches each, and Mostafa Ziko for five. The Egyptian Football Association (EFA) said it had requested the detailed reasons behind the Disciplinary Committee’s decisions to assess its legal position and prepare an appeal under FIFA’s regulations. Its announcement confirmed the…
A rumour can race across social media long before an official correction catches up. Egypt’s new Chat EGYPT platform is designed to narrow that gap, using artificial intelligence to help identify misleading claims and direct users to verified information. Launched during the Egypt Forum 2026, the platform analyses text, images and video, looking for signs…
Prime Minister Mostafa Madbouly delivered a speech during a session entitled “What Are Our Children Learning, and Does It Prepare Them for the Future?” on the first day of Egypt Forum 2026, held under the slogan “A Look at Today, a Vision for Tomorrow” under the auspices of President Abdel Fattah El-Sisi. The session was […] The post PM outlines education…
Mohamed Salah scored as Trabzonspor beat Beşiktaş 2-0, finding the net against the club that pursued him in the summer. The Egypt captain struck in the 71st minute after Ozan Tufan’s first-half opener, taking his league tally to eight goals and moving clear at the top of the scoring charts. The victory lifted Trabzonspor to […] The post Salah Scores…
President Abdel Fattah El-Sisi expressed his deep concern over the sudden health setback affecting Pope Leo XIV, head of the Catholic Church, wishing him a speedy recovery and continued good health. In a post on his official Facebook page, Sisi prayed that the Pope would enjoy good health and continue his role in supporting efforts to achieve peace and…
LONDON — Manchester City defender Marc Guehi said on Monday a “pretty calm” squad have “a lot of trust and belief in the football club” despite the English giants being found guilty of more than 100 breaches of Premier League financial rules. City have made an impressive start to the season under new manager Enzo […] The post Guehi insists players believe…
Intro Investments Holding (Dubai) announced a partnership and management agreement with Mona El Helw for its real estate development arm, M squared. Under the agreement, Mona becomes a partner in M squared and takes on its management as Managing Partner and Chief Executive Officer, effective 1 November 2026. Mona brings 25 years of experience across […]
Seha Group has announced a strategic partnership between its technology arm, SehaTech, and Chubb Life Egypt to digitize insurance operations, alongside the launch of SehaAcademy to develop specialized talent in medical insurance and healthcare management. The announcements were made during Seha Group’s first annual event, which brought together around 250…
JOHANNESBURG (Reuters) – South Africa’s President Cyril Ramaphosa said on Monday that the country must prepare for its potential exclusion from the United States’ duty-free trade initiative, AGOA, as relations between Washington and Pretoria have soured. The African Growth and Opportunity Act (AGOA) gives eligible African countries duty-free access to…
Consumer healthcare company Opella and the World Allergy Organisation (WAO) on Monday announced a five-year global partnership running from 2027 through 2031 to improve the recognition and management of allergic diseases in everyday care settings worldwide. The partnership, announced at the 32nd World Allergy Congress (WAC) in Kyoto, Japan, aims to combine…
Water Resources and Irrigation Minister Hani Sewilam discussed developing the use of desalinated water for intensive food production with Hossam El-Zayat, Deputy Director of the American University in Cairo’s Center for Applied Research on the Environment and Sustainability (CARES). Sewilam said desalination for intensive food production was one of the…
Saudi Arabia has decided to postpone its flagship investment conference until next year, organisers confirmed in a statement on Monday, following deadly attacks which rocked the kingdom in recent weeks as the Middle East conflict widens, disrupting business. The Future Investment Initiative, or FII, was planned for October 26 to 29, but will now take […]…
Egyptian President Abdel Fattah Al-Sisi and Minister of Foreign Affairs Badr Abdelatty held talks in Cairo on Monday with Maxim Oreshkin, Russia’s Deputy Chief of Staff of the Presidential Executive Office and Special Representative for BRICS Financial and Economic Cooperation, to advance bilateral projects and activate the Russian Industrial Zone. During…
Minister of Foreign Affairs, International Co-operation and Egyptian Expatriates Badr Abdelatty received African Union Commissioner for Infrastructure and Energy Lerato Mataboge on Monday to discuss ways to strengthen co-operation in energy and infrastructure and advance development and continental integration. Foreign Ministry Spokesman Ambassador Nader…
Egypt’s Prime Minister Mostafa Madbouly said Egypt Forum 2026 aims to establish shared national priorities and develop actionable solutions with clearly defined responsibilities and measurable outcomes, as the government seeks to address citizens’ concerns and set its agenda through 2030. Speaking at the opening session of the forum, held under the theme…
Egyptian President Abdel Fattah al-Sisi warned against ongoing attempts to destroy national memory and manipulate citizens through social media, declaring that while differing views are permissible, preserving the state remains an uncrossable line. Sisi’s remarks came during his intervention on Monday morning at the opening session of the Egypt Forum 2026,…
Annual urban headline inflation decelerated to 13.9% in September 2026, down from 14.5% in August, according to the Central Bank of Egypt (CBE). The decline was mainly driven by a softening in annual non-food inflation, which eased to 18% in September from 19.5% in August, coupled with a favourable base effect. Meanwhile, annual food inflation […]
Egypt’s exports of chemicals and fertilisers to India surged 325% year on year to $627m during the first eight months of 2026, up from $147m in the same period last year, according to the Chemical and Fertilisers Export Council. The increase amounted to approximately $480m, making India the third-largest destination for Egyptian chemical and fertiliser […]
The Ministry of Social Solidarity said it approved 1,828 foreign grants worth EGP 13bn during fiscal year (FY) 2025/2026, provided by 610 donor entities and benefiting 515 non-governmental associations and foundations. The ministry stressed that the grants were aligned with actual development needs. The figures were outlined in a report received by…
On 11 October 2026, President Abdel Fattah el-Sisi reaffirmed Egypt’s commitment to safeguarding its historical and acquired water rights, underscoring the Nile’s vital importance to the Egyptian people. This reaffirmation came two days before the commemoration by some countries of the entry into force of the Nile Basin Cooperative Framework (CFA) on 13…
LONDON — Ronald Araujo says it is “very early” to be talking about making his move to Liverpool permanent despite an impressive start to his loan spell at Anfield. The former Barcelona captain has established himself as first-choice right-back even though he is known to prefer a central defensive role. Liverpool have a £47 million […] The post Araujo: Too…
Israel said on Monday it would resume allowing commercial goods shipments into Gaza after a days-long halt over a tax dispute involving Hamas and merchants, restoring a key route for food and other essentials to the aid-dependent enclave. COGAT, the Israeli military agency overseeing humanitarian affairs in Gaza, said it made the decision after merchants…
State Information Service (SIS) Chairman Ambassador Alaa Youssef said building public awareness represents one of the most significant challenges facing Egypt at the current stage. He also stressed that, after the state’s success in confronting terrorism and advancing its development agenda, strengthening public awareness and promoting accurate…
LONDON — Liverpool boss Andoni Iraola says it will be a “special” experience to go up against a Villarreal side managed by longtime friend Inigo Perez when the teams meet in the UEFA Champions League at Anfield on Tuesday. The two Spaniards first knew each other as young players making their way at Athletic Bilbao […] The post Iraola hails ‘special’ Perez…
Iranian Foreign Minister Abbas Araqchi said regional issues should be resolved through diplomacy and blamed the United States for insecurity and tensions in the Strait of Hormuz, speaking at a joint news conference with Russian Foreign Minister Sergei Lavrov on Monday. Araqchi also called for regional countries to work toward a joint security…
As part of efforts to engage young people on entrepreneurship and future employment opportunities, Investment and Foreign Trade Minister Mohamed Farid met with 150 students from various Egyptian universities, alongside Planning and Economic Development Minister Ahmed Rostom, to discuss labour market trends, entrepreneurship and skills development. During…
TAG Oil, the Canadian oil and gas exploration company, has provided an update on the production testing of its T-200 vertical well at the Badr Oil Field (BED-1) in Egypt’s Western Desert, according to a statement on October 19. The T-200 well was drilled and completed on budget to a total depth of 4,160 metres, targeting the […] The post Canadian Tag Oil…
Economy & FinanceMaersk, the Danish shipping and logistics giant, has said that it completed the world’s largest single ethanol bunkering operation, supplying approximately 5,000 metric tons (mmt) of certified bioethanol to its container vessel Maersk Halifax in Singapore, the company said on October 19. The operation marked the first time ethanol had been used to refuel a…
Economy & FinanceFifty-three people were killed and 200 were injured in an attack on Monday by the Iran-aligned Houthis on a government security forces training camp in Yemen’s Shabwa province, according to the local authority, as fighting in the impoverished country intensifies. Video verified by Reuters from Shabwa province showed injured people and bloodied bodies…
MADRID – Helicopters rescued people stranded on their rooftops as torrential rains swept across eastern Spain on Monday, causing floods that have killed at least two people and prompted authorities to issue shelter-in-place orders for more than 800,000 residents. The downpour from Storm Adam cut off several towns along the Mediterranean coast as rivers…
Minister of Foreign Affairs, International Co‑operation, and Egyptian Expatriates Badr Abdelatty received on Monday Maxim Oreshkin, Deputy Head of the Russian Presidential Administration and Special Representative of the Russian President for Financial and Economic Cooperation with BRICS Countries, as part of growing high-level exchanges between Egypt and…
Eni has completed the Bouri Gas Utilization Project offshore Libya, with start-up procedures underway to recover previously flared associated natural gas and supply an additional 700 million standard cubic meters (mmcm/d) annually to the domestic market, the Italian energy company announced on October 19. The project is expected to reduce greenhouse gas…
Economy & FinancePARIS (Reuters) – France’s central government asked some local authorities to impose curfews and faced pressure over security failings on Monday after a weekend of riots and looting borne out of nationwide anti-government protests. Prime Minister Sebastien Lecornu did not rule out declaring a state of emergency but said it was more appropriate for now…
Under the auspices of the Ministry of Housing, Utilities and Urban Communities, the Future Hospitality Summit (FHS) Egypt will take place on 10–11 November 2026 at the Sofitel Downtown Cairo Nile, bringing together investors, developers, hotel operators, government leaders and industry experts to explore the opportunities shaping Egypt’s next phase of…
President Abdel Fattah El-Sisi has reaffirmed Egypt’s commitment to strengthening its strategic partnership with Russia across various fields, stressing the importance of continued coordination to advance joint projects that serve the interests and aspirations of both peoples. Sisi on Monday received Maxim Oreshkin, Deputy Chief of Staff of the Russian…
President Abdel-Fattah El-Sisi has stressed the prime importance of stability achieved over the past years, which, he added, “came at a cost,” with Egypt making significant sacrifices, foremost among them the lives of members of the Armed Forces, police and judiciary who were killed, as well as worshippers in mosques and churches. He also highlighted the…
Egypt will turn clocks back by one hour at midnight on Thursday, 29 October, as daylight saving time comes to an end and the country returns to winter time on Friday, 30 October. The change will move clocks from 12:00 AM back to 11:00 PM on Thursday, giving residents an extra hour as the country transitions to standard time. Under Law No. 24 of 2023,…
US Secretary of State Marco Rubio was in Uzbekistan on Monday to promote trade and ties with Central Asia, during a trip that came amid rumblings that America’s top diplomat is ignoring pressing matters in favor of politically safer visits and meetings. The trip, which involves a stop in India later this week, seeks to […] The post Rubio in Uzbekistan to…
Oil prices slipped on Monday investors booked profits from the multi-month highs hit at the end of last week, with the focus remaining on the potential for the conflicts in the Middle East and Ukraine to alter the global oil supply-demand balance. Brent crude futures fell $1.34, or 1.22%, to $108.52 a barrel by 10:02GMT, […] The post Oil slips from…
Egypt Forum 2026 aims to foster serious and constructive dialogue on the country’s current realities and future, bringing together the government and citizens to set shared national priorities and develop practical solutions with clear responsibilities and measurable outcomes, Prime Minister Moustafa Madbouly said on Monday. Held under the theme “A Look at…
Rome — Pope Leo XIV left hospital Saturday, four days after undergoing lung cancer surgery in a swift return to his duties following the first health scare of his papacy. Leo walked out of hospital unaided, greeting well-wishers, including a 13-year-old Ukrainian girl who gave him a stuffed toy as a gift. The 71-year-old first American … The post Pope Leo…
London — Elon Musk has said he will give every child in America a stake in SpaceX, his $2 trillion aerospace and artificial intelligence company, as tech firms face intensifying scrutiny over their impact on society. “Next year, I will give one of my SpaceX shares to every kid in America,” he wrote on X on … The post Elon Musk says he will give a SpaceX…
LONDON — Manchester City’s Antoine Semenyo is set to be out of action for up to eight weeks with a leg injury, manager Enzo Maresca said on Monday. Ghana forward Semenyo suffered the issue during last week’s 3-2 win at Ipswich as table-toppers City made it seven wins out of seven in the Premier League […] The post City’s Semenyo out for up to 8 weeks…
LONDON — England women’s head coach Sarina Wiegman has signed a two-year contract extension taking her through until the end of the 2029 women’s European Championship, the Football Association announced Monday. Wiegman has led England to tournament triumphs at both the 2022 and 2025 Euros, as well as a first World Cup final in 2023, […] The post Wiegman…
France’s President Emmanuel Macron addressed the nation on Sunday evening as communities reeled from one of the most violent nights of unrest in recent years after largely peaceful anti-government protests descended into rioting, leaving government buildings torched, one police officer and one protester dead. Macron said that the full force of the law…
Jerusalem — Amid US pressure on a surge of settler violence in the occupied West Bank, Israeli police arrested at least 10 suspects in the weekend attacks on a Washington Post journalist and an entourage of European diplomats. Police said the operation to locate and arrest the suspects was called “Olive Leaf,” an apparent reference to … The post Amid US…
European governments on Monday advised citizens travelling to France to avoid large crowds and exercise caution, warning of a deterioration in security conditions after thousands were arrested and shops looted in protests over the weekend. Demonstrations across France over high prices and declining public services erupted into riots on Saturday, with a…
France’s interior minister offered his resignation over the weekend’s rioting and looting in several major cities, but President Emmanuel Macron asked him to stay to respond to police needs in an emergency situation, Macron’s office said Monday. Macron refused Laurent Nuñez’s resignation “given the need for continued command of law enforcement in the…
Voters in Canada’s oil-rich Alberta province will decide Monday whether to begin a process that could lead to independence, testing national unity as US President Donald Trump’s trade war and threats to make Canada the 51st state have rallied Canadians around their country. Monday’s vote is not a direct referendum on independence. Alberta, home to […] The…
President Abdel Fattah El-Sisi attended the launch of Egypt Forum 2026 in the New Capital on Monday under the slogan “A Look at Today, a Vision for Tomorrow.” The forum aims to strengthen community dialogue, listen to citizens’ views and concerns about issues affecting their daily lives, and discuss work priorities for the coming period. […] The post Sisi…
LONDON — Arsenal goalkeeper David Raya says the way the English Premier League champions bounced back from their surprise defeat by Brighton last month with three straight wins since the international break has been “incredible”. Mikel Arteta’s men, who visit Bayern Munich in the Champions League on Wednesday, had several weeks to ponder their 3-0 […] The…
The Ministry of Social Solidarity has approved 1,828 foreign grants worth nearly LE13 billion during the 2025/26 fiscal year. The grants were offered by 610 donor entities and benefiting 515 civil society associations and foundations, as part of efforts to strengthen the non-profit sector’s contribution to sustainable development. Minister of Social…
The Egyptian Exchange (EGX) and the National Media Authority (NMA) are set to promote financial literacy, broaden public understanding of capital markets and enhance economic coverage across Egypt’s national broadcasting platforms. The two sides signed a co-operation protocol on Monday at a ceremony attended by NMA Head Ahmed El-Moslemany and EGX Chairman…
British Foreign Secretary Edward Miliband has expressed his condolences following a fire at Wainwright military base in Alberta, Canada, that claimed the lives of four members of the armed forces and left 39 others seriously injured. In a post on X, Miliband said his thoughts were with the families, friends and colleagues of those who […] The post UK…
The UN’s World Food Programme (WFP) said on Monday it would end monthly assistance to 500,000 people in Gaza due to a funding shortfall, while warning that needs remained acute. “As of this month, we’re now cutting half a million people from the number of people that we’re assisting,” Shaun Hughes, the WFP country director, […] The post WFP to end aid for…
From hotel kitchens in Cairo to traditional dishes served in a rural setting near Giza, an Ugandan delegation has been exploring how Egypt is turning food and local culture into part of the visitor experience. The visit, organised by Egypt’s Ministry of Tourism and Antiquities in co-operation with the Organisation of Islamic Co-operation’s COMCEC…
Foreign investment in Egypt’s real estate sector rose 47.4 percent year on year to USD 2.8 billion (EGP 150 billion) in the fiscal year ended June 2026, up from USD 1.9 billion (EGP 102 billion) in the previous fiscal year. The increase of roughly USD 900 million (EGP 48 billion) comes from the latest balance of payments report issued by the Central Bank…
Minister of Health and Population Khaled Abdel Ghaffar stressed the private sector’s central role in Egypt’s healthcare development, particularly in localizing pharmaceutical and vaccine production, which currently meets more than 91 percent of domestic market needs, as well as managing healthcare facilities and delivering high-quality services. He made…
Israeli police arrested eight People on Monday as part of an investigation into incidents of violence in the West Bank last week, including incidents involving European diplomats. Israeli police said they had not yet identified the suspects. Meanwhile, an Israeli military spokesman said that Israeli police, the Israeli military and the General Security…
The late Mozambican president and freedom fighter Samora Machel will be remembered Monday at a joint ceremony by South Africa and Mozambique to mark 40 years since he died in a mysterious plane crash. The ceremony is set to take place in Mbuzini, an area in South Africa’s Mpumalanga province near the crash site. Machel […] The post South Africa, Mozambique…
Prime Minister Mostafa Madbouly affirmed the government’s commitment to continuing to develop the social protection system and enhance integration among government policies and programs in a manner that helps meet citizens’ basic needs, ensures the efficient allocation of resources, and reaches the most vulnerable groups.This came during a meeting held by…
Egypt Forum 2026 kicks off on Monday in the New Capital and will run until October 24. Called for by President Abdel Fattah El-Sisi, the forum aims to promote community dialogue and hear citizens’ views and concerns on issues affecting their daily lives, while discussing priorities for the coming period. The forum seeks to expand […] The post Egypt Forum…
Al Azhar has called for the urgent formation of a mediation committee comprising respected figures from Arab and Islamic countries to help end wars and conflicts in the region. In a statement issued on Sunday, Octobor 18, 2026 Al Azhar Grand Imam Ahmed al-Tayyeb called on Arab and Muslim nations to stop fighting immediately and … The post Azhar calls for…
Minister of Tourism and Antiquities Sherif Fathy met Kazakh Ambassador to Egypt Askar Zhenis on Sunday, Octobor 18, 2026 to discuss ways to strengthen cooperation in tourism and antiquities and attract more visitors from Kazakhstan to Egypt. During the meeting, Fathy highlighted the growth in tourist arrivals from Kazakhstan, stressing the importance of…
Asian shares were mixed Monday as volatility in technology stocks persisted, while US equity futures edged higher ahead of another week of American corporate earnings results. Oil prices fell more than 2% after US President Donald Trump’s decision to waive sweeping sanctions on Russia, including on Russian energy. A sell-off of technology shares from Asia…
France is reeling from its worst rioting in years after nationwide protests over education and the cost of living spiraled into a wave of deadly, country-wide violence that has sparked a blame game at home and threatens to spill over into its European neighbors. Police fired tear gas into crowds and fought running battles with … The post France reels from…
Iran has signaled that it is preparing for another round of war with the United States and has issued public threats against Washington and its allies in an apparent bid to deter President Donald Trump from restarting the current conflict. Over the past month, Iranian military commanders have intensified a series of public messages claiming … The post ‘The…
Ukraine launched one of its biggest drone attacks this year on Russia overnight on Saturday, hitting a key oil terminal in defiance of US President Donald Trump’s demand it stop hitting Russian energy infrastructure. There have been growing tensions between Ukraine and the US in recent days, prompting fears in Kyiv it could lose essential … The post Trump…
Egypt is expected to sign agreements related to Cyprus’ Aphrodite gas field during the Mediterranean Offshore Conference and Exhibition (MOC 2026), scheduled for October 20-22 in Alexandria, according to the event’s agenda. MOC will be inaugurated by Karim Badwi, Minister of Petroleum and Mineral Resources, on October 20. The agreements will involve US…
Economy & FinanceUS Ambassador to Israel Mike Huckabee strongly condemned acts of violence committed by settlers during the olive harvest season in the West Bank, which left a number of Palestinians injured, along with Heidi Levine, a photographer for The Washington Post. The US ambassador described the incident as a “despicable terrorist act carried out by masked […] The…
Immigrants from Ukraine and Sudan are expected to be allowed to continue to live and work in the United States for now after their deportation protections were set to expire this week, the Department of Homeland Security said. Temporary Protected Status is a form of humanitarian relief that provides people fleeing war, natural disasters or … The post…
The Suez Canal Economic Zone (SCZone) has ranked seventh among the world’s top 10 free zones for 2026, according to a ranking published by FDI Intelligence in October, the Cabinet’s Information and Decision Support Centre (IDSC) said on Monday. In an infographic published on Monday, the centre noted that SCZone topped the African free zones […] The post…
A Egyptian military expert said that the specific nature of the Egyptian forces or capabilities that might participate in any potential action to defend Saudi Arabia—be they air, ground, or naval—cannot be determined in advance. Major General Mohamed al-Shahawy, from the Military Academy for Postgraduate and Strategic Studies, explained that the type of…
LONDON — Arsenal ground out a 1-0 win at Nottingham Forest to stay in touch with pacesetters Manchester City as Manchester United’s winless run in the English Premier League stretched to five games. Chelsea and Liverpool are in the top five after victories, while free-scoring Brighton dazzled in a 5-0 mauling of fierce rivals Crystal […] The post Three…
Israeli forces raided a number of neighbourhoods in the city of Jenin early Monday, storming a number of Palestinian homes and conducting field interrogations with several residents. The occupation troops raided the neighbourhoods of the Old City, Al-Basatin, Kharouba and Al-Marah. They conducted field interrogations with dozens of Palestinians inside the…
Oil prices fell in early Asian trading on October 19 after US President Donald Trump waived sanctions and tariffs on Russia, potentially allowing more Russian fuel to reach global markets; however, ongoing disruptions to Middle Eastern crude flows limited the potential for a sustained decline, Reuters reported. Brent crude futures fell 0.96% to $108.80 per…
Economy & FinanceEgypt is shifting towards increasing its reliance on fuel oil to power electricity plants – rather than natural gas – in light of rising global prices, an official source in the petroleum sector said. The source noted that while power plants primarily run on natural gas, the rise in global prices—which have now reached approximately … The post Egypt turns…
PHILADELPHIA — LeBron James, yearning to capture a fifth career NBA title, tips off his record 24th campaign on Tuesday at age 41 with his new Philadelphia 76ers teammates chasing a long-sought crown. The league’s 81st season launches with the Sixers at New York, watching the Knicks hoist their first championship banner since 1973. James […] The post…
LONDON — Michael Carrick said Manchester United’s hard-fought 1-1 draw at bitter rivals Leeds felt like a “fresh start” even though their long wait for a win goes on. Leeds forward Dominic Calvert-Lewin cancelled out Bryan Mbeumo’s first-half opener at Elland Road, extending United’s winless run to six matches in all competitions. But Carrick saw […] The…
LONDON — Mikel Arteta said Arsenal’s strength in depth will be key to their English Premier League title defence after Noni Madueke came off the bench to clinch a 1-0 win against Nottingham Forest. Arteta’s side were well below their best at the City Ground and did not register a shot on target until Madueke […] The post Arteta backs Arsenal’s depth in…
Indonesian wildfires burn over 3 hectares, threaten homes Japan seeks to resolve 70-year territorial dispute with Russia Six migrants killed in boat collision off Greek Island Macron rejects Interior Minister’s resignation amid protests The post Egypt Forum 2026 kicks off today appeared first on Egyptian Gazette .
The Gold and Precious Metals Division of the Federation of Egyptian Industries announced that gold prices in the local market rose by 1.63 percent during last week’s trading. 21 karat gold, the most widely traded type in Egypt, reached its highest level in three weeks, bolstered by the rise of the dollar exchange rate against … The post US dollar drives…
Security forces in Cairo arrested a woman who appeared in a viral video verbally abusing the driver of a vehicle operating via a ride-hailing app. She was shown using obscene language and threatening to harm the driver, while claiming that her husband is a police officer. The Interior Ministry announced on Sunday that the driver … The post Woman arrested…
Winter operating hours for retail shops, malls, and restaurants have already begun, even though the official winter time (standard time) has not yet been implemented. With summer officially coming to an end and winter approaching, many are asking when the official transition to winter time will take place—will it happen this October? Winter Time … The post…
Russian President Vladimir Putin has proposed that he, US President Trump and Chinese leader Xi Jinping meet next month to talk about Ukraine in an attempt to negotiate an end to the four-year conflict that would favour Moscow, said people familiar with the discussions, the Wall Street Journal reported. The plan represents an effort by […] The post Putin…
Oil prices slipped in early Asian trade on Monday after US President Donald Trump waived sanctions and tariffs on Russia that may lead to more Russian fuel exports. Brent crude futures fell $1.06, or 0.96%, to $108.80 a barrel by 2214 GMT after settling at its highest since May 19 on Friday. US West Texas […] The post Oil slips on Trump’s Russia sanction…
BAGHDAD, Oct. 19, 2005 — Saddam Hussein goes on trial today, the first of several expected cases on atrocities committed during his decades in power. He is charged with three former lieutenants and four Baath officials over the 1982 killing of Shi’ite Muslims in Dujail, north of Baghdad, with all facing the death penalty if […] The post Saddam trial starts…
A flight from Israel’s capital of Tel Aviv has made an emergency landing in the Bulgarian capital of Sofia after a bomb threat. A Bulgarian state television report, citing a statement by the transportation ministry, said the flight to Vienna on Sunday carried 51 passengers and six crew members.It said a crew member reported receiving […] The post Bomb…
Alameda Healthcare Group has concluded the second edition of its annual conference, held under the patronage of Prof. Dr. Khaled Abdel Ghaffar, Minister of Health and Population, on October 14 and 15, 2026, at Sofitel Cairo Downtown Nile. More than 150 scientific sessions and broad participation from government, medical and academic leaders underscore the…
Dalia Khorshid, group chief executive and managing director of Beltone Holding, has been featured on Forbes Middle East’s “Sustainability Leaders 2026” list for the third consecutive year, ranking third in the financial services category. Khorshid is one of 14 Egyptian leaders on this year’s list, which recognises 145 executives from across the region in…
Opportunity Intelligence
Parkin signs MoU with Modon Misr, Mwasalat Misr and Redcon to explore expansion into Egypt The market entry may create demand for parking technology, payment systems, transport integration, data services, and operating support across Technology, Transportation, Infrastructure. This is an analytical inference from the reported development, not an opportunity explicitly offered by the source. Foreign participation requirements are not yet clear.
Egyptian exporters signed 17 contracts worth an estimated $168m with Chinese importers during the “Export to China” event, as the government seeks to expand and diversify Egyptian exports to the Chinese market. This may create supply-chain, market-entry, distribution, and logistics questions for Exporters, Importers, Businesses working across Import/Export, Logistics, Agriculture. The opportunity follows closely from confirmed project or market activity, but access details are not yet complete. Foreign participation requirements are not yet clear.
Egyptian officials laid the foundation stone on Wednesday for a $658m industrial complex to produce phosphoric acid from phosphate ore at the Abu Tartour plateau in the New Valley Governorate. The project may create future demand for equipment, construction support, logistics, industrial services, and export infrastructure across Manufacturing, Construction, Logistics. The opportunity follows closely from confirmed project or market activity, but access details are not yet complete. Foreign participation requirements are not yet clear.
