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Egypt, Romania explore deeper chemical, fertilizer trade cooperation

Egypt is intensifying efforts to expand its footprint in European markets, with the Chemicals and Fertilizers Export Council of Egypt (CEC) holding high-level talks in Bucharest to unlock new opportunities for Egyptian…

Trump official insists overhauled visa system won't scare away foreign investment

Trump official insists overhauled visa system won't scare away foreign investment Submitted by Yasmine El-Sabawi on Tue, 05/05/2026 - 19:43 Deputy Secretary of State Christopher Landau expressed 'regret' over the…

'A big pact': How the US plans to unite Libya through two ruling families

'A big pact': How the US plans to unite Libya through two ruling families Submitted by Sean Mathews on Tue, 05/05/2026 - 21:19 Russia is in retreat and energy prices are skyrocketing. Both developments have energised…

Germany urges more Gaza aid, warns against West Bank annexation

Germany urges more Gaza aid, warns against West Bank annexation German Foreign Minister Johann Wadephul said aid access to Gaza must be urgently increased, while reiterating Berlin’s opposition to any further de facto…

Egypt condemns Khartoum Airport strike, warns of wider escalation

Egypt strongly condemned the drone strike on Khartoum International Airport, warning of its grave implications for Sudan’s stability and the wider region, the Foreign Ministry said Tuesday. The ministry described the…

SCZONE attracts record $7.1bn in annual investments, secures $1.8bn in two months

Chairperson of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, highlighted the zone’s expanding role as a global logistics and industrial hub during his participation in a conference organised by AHK Egypt.…

Egypt sets 2030 tourism goal: 300,000 hotel rooms through investment reform

Egypt is charting an ambitious course to expand its hospitality capacity to 300,000 hotel rooms by 2030, according to Mostafa Mounir, CEO of the Egyptian Tourism Authority (ETA). The initiative forms part of a broader…

Industry minister engages Pharma Chamber to drive sector growth, boost exports

Egypt’s Minister of Industry, Khaled Hashem, held an extensive meeting with the Chamber of Pharmaceutical, Cosmetics and Medical Supplies Industries to discuss key challenges facing the sector and explore measures to…

Egypt’s economy demonstrates resilience amid successive global shocks

Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, said the national economy has withstood five major external shocks over the past six years, each of which could have triggered a severe downturn, yet…

FRA chief highlights strong potential to advance Egypt’s arbitration framework

Islam Azzam, Chairperson of Financial Regulatory Authority (FRA), said the country holds significant potential to further develop its arbitration framework, particularly as the authority expands the use of financial…

Egypt urges global cooperation to secure water resources at Istanbul forum

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, warned that global water challenges are intensifying under the combined pressures of climate change and rapid population growth, calling for stronger…

Cryptocurrencies reshape monetary policy, challenge central banks

Digital currencies are reshaping the global financial landscape and imposing unprecedented challenges on monetary policy, according to leading experts who gathered at a seminar hosted by the Egyptian Center for Economic…

Engineering Export Council expands global reach via Automechanika 2026

The Engineering Export Council of Egypt (EECE) is intensifying efforts to strengthen the global presence of Egyptian firms by promoting participation in Automechanika Frankfurt 2026 and Automechanika South Africa 2026,…

Sudan recalls Ethiopia ambassador after strikes on Khartoum

Sudan has recalled its ambassador to Addis Ababa, accusing Ethiopia of being behind attacks on Khartoum’s airport.

Opinion | The Illusion of an End: Washington’s Strategy of Managing War without Fighting

In Washington, every word is weighed carefully. When Donald Trump announced that “military operations have ended,” it was less a straightforward assessment than a tactical move amid a complex political landscape. This…

Egypt opens first premium tax services centre in New Cairo to simplify investor procedures

Egypt opened its first premium tax services centre in New Cairo on Tuesday evening, marking the start of a nationwide rollout aimed at simplifying procedures for investors and widening the country’s tax base. Prime…

Egypt’s transit trade grows 35% in first quarter of 2026, finance minister says

Egypt’s transit trade volume increased by 35% in the first quarter of 2026 compared to the same period last year, Finance Minister Ahmed Kouchouk said, as the government prepares to introduce new facilities to further…

Insurers assess shipping risks amid uncertainty in Iran war

Insurers assess shipping risks amid uncertainty in Iran war Marcus Baker, global head of marine, cargo and logistics for insurance broker and risk adviser Marsh Risk, said it would take a few days to see how the…

Ten hurt in fire at shopping centre west of Tehran, Iranian media says

May 5 (Reuters) - At least 10 people were hurt after a fire broke out in a shopping centre west of Tehran, Iranian media reported on Tuesday. Iran's state broadcaster IRIB cited the fire department as saying that the…

Saudi Space Agency Launches 2nd Edition of 'SARI 2' Initiative in Partnership with Aramco Digital