Read the latest news from regional and global sources, presenting different voices and perspectives.
Financial Security (FinSec) series with Philip TAKYI (Dr): Global Sovereign Wealth Funds: Strategic allocation trends towards emerging markets
Business and Financial Times
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August 18, 2025
Sovereign Wealth Funds (SWFs) have become pivotal players in global financial markets, managing trillions of dollars in assets and influencing economic trends across developed and emerging economies. Historically, SWFs have concentrated their...
Egypt To Launch Four New Public Free Zones By 2026 To Boost Exports
Arise News
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August 18, 2025
The General Authority for Investment and Free Zones (GAFI) has announced plans to begin operating four new public free zones by the end of 2026, as part of Egypt’s strategy to expand industrial investment and drive export growth. The announcement...
Egypt’s foreign minister visits Gaza border crossing, rejects ‘Greater Israel’ vision
Middle East Monitor
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August 18, 2025
Egypt’s foreign minister rejected on Monday Israeli official statements about the so-called “Greater Israel,” as he visited the Rafah border crossing with the blockaded Gaza Strip, Anadolu reports. “We reject any Palestinian displacement from...
Arsany Attia Expands Business Portfolio, Eyes $600M Private Equity Platform
MENAFN
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August 18, 2025
(MENAFN- GetNews) NEW YORK, NY - August 18, 2025 - Entrepreneur and branding consultant Arsany Attia continues to expand his business footprint, with Consulting Inn Co. (CIC) and luxury boutique Guilloché serving as the foundation of his growing...
Minister of Tourism and Antiquities Meets Indian Ambassador in Cairo to Boost Bilateral Cooperation
Sada Elbalad
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August 18, 2025
Mon 18 Aug 2025 | 06:38 PM Today, Mr. Sherif Fathy, Minister of Tourism and Antiquities, met at his office in the Ministry’s headquarters in the New Administrative Capital with H.E. Mr. Suresh K. Reddy, Ambassador of India to Cairo, and his...
Egypt’s PM heads to Japan for TICAD 9 Africa development summit
Daily News Egypt
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August 18, 2025
Egyptian Prime Minister Mostafa Madbouly left for Japan on Monday to attend the ninth Tokyo International Conference on African Development (TICAD 9), where his Japanese counterpart, Shigeru Ishiba, is expected to propose a new economic...
Mamdani is a national Dem nightmare, Egypt’s anti-Christian crusade and other commentary
New York Post
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August 18, 2025
Mideast beat: Egypt’s Anti-Christian Crusade In a “a microcosm of Egypt’s broader campaign against the country’s estimated 10 to 15 million Christians in the majority Sunni Muslim nation,” Cairo “has steadily chipped away” at the autonomy of St....
Egypt’s Al-Sisi meets central bank chief, calls for continued efforts to increase dollar inflows
Daily News Egypt
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August 18, 2025
Egyptian President Abdel Fattah Al-Sisi on Monday stressed the need to continue efforts to increase the country’s foreign currency reserves, particularly from local sources, and to maintain a flexible and unified exchange rate, the presidency...
Egypt sets ICT growth goals: 60,000 jobs, outsourcing expansion, AI adoption
ETHRWorld EMEA
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August 18, 2025
Egypt’s ICT sector is expanding, with 74 outsourcing firms committing to employ 60,000 specialists between 2022 and 2024. The country now hosts over 260 outsourcing centres, including 190 managed by global companies. Its electronics design...
Las Vegas fashion trade show kicks off
Xinhua News Agency
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LAS VEGAS, Aug. 18 (Xinhua) -- The 2025 MAGIC Las Vegas fashion trade show opened Monday in Las Vegas, U.S. state of Nevada, bringing together manufacturers, suppliers, brands and buyers of apparel, footwear and accessories from around the world...
Jerusalem freezes Greek Patriarchate’s finances in latest squeeze on Holy Land Christians
Religion News Service
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August 18, 2025
(RNS) — The city of Jerusalem earlier this month froze the bank accounts of the Greek Orthodox Patriarchate of Jerusalem, the church body that represents around half of all Palestinian Christians and is a major landholder in Israel. According to...
Egypt’s annual urban inflation slows to 13.9% in July: CBE
Daily News Egypt
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August 18, 2025
Annual urban headline inflation in Egypt eased for the second consecutive month, dropping to 13.9% in July 2025 from 14.9% in June, according to the Central Bank of Egypt (CBE). The deceleration was mainly driven by a significant decline in fresh...
India blinks, removes duty on cotton imports in trade thaw with US
Mint
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August 19, 2025
New Delhi: In a move seen as breaking the ice in strained trade relations with the US, the Indian government late on Monday removed the customs duty and agriculture cess on cotton imports, a step that industry observers believe could ease tensions...
Business : Malaysia Remains Committed To Reactivating D-8 Economic Cooperation - MITI
Bernama
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August 19, 2025
KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia remains committed to reactivating economic cooperation with member countries of the Developing Eight (D-8) through various strategic initiatives, according to the Ministry of Investment, Trade and...
Egypt, Qatar reject Israeli occupation of Gaza, demand ceasefire
Al Mayadeen
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August 18, 2025
Egypt and Qatar reject the Israeli occupation of Gaza and demand a ceasefire, urgent aid access, and an end to Palestinian forced displacement. Egyptian President Abdel Fattah el-Sisi and Qatari Prime Minister and Foreign Minister Mohammed bin...
Egypt sets $12bn target for ready-to-wear garment exports by 2031
Daily News Egypt
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August 18, 2025
Abdel Aziz Elsherif, Head of the Egyptian Commercial Service (ECS), met with Fadel Marzouk, Chairperson of the Apparel Export Council of Egypt (AECE), to discuss a comprehensive plan to boost Egyptian exports of ready-to-wear garments and...
Egypt: ALEXBANK registers 47% higher net profits in H1-25
Zawya
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The net profits after tax of ALEXBANK reached EGP 7.47 billion in the first half (H1) of 2025, reflecting a 47.05% year-on-year (YoY) surge from EGP 5.08 billion. The bank’s customers’ deposits reached EGP 190.60 billion in H1-25, marking a growth...
Egypt: B Investments Holdings posts 66% drop in H1-25 consolidated net profits
Zawya
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The consolidated net profits after tax of B Investments Holding hit EGP 436.24 million in the first half (H1) of 2025, marking a 65.72% plunge from EGP 1.27 billion in H1-24. Revenues stood at EGP 571.76 million as of 30 June 2025, down...
Egypt: Emaar Misr posts 49% lower consolidated profits in H1 25
Zawya
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The consolidated net profits after tax of Emaar Misr for Development reached EGP 3.91 billion in the first half (H1) of 2025, an annual shrink of 48.80% from EGP 7.64 billion. Revenues amounted to EGP 9.29 billion in H1-25, reflecting a...
Egypt: Juhayna's consolidated net profits near $16.1mln in H1-25
Zawya
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Juhayna Food Industries delivered lower consolidated net profits after tax valued at EGP 780.82 million in the first half (H1) of 2025, compared to EGP 1.48 billion in H1-25. Net sales hit EGP 14.16 billion in the first six months (6M) of 2025,...