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Egypt: Zilla Capital advises Triquera in Admaius Capital's investment to back Minapharm's global expansion

Egypt: Zilla Capital advises Triquera in Admaius Capital's investment to back Minapharm's global expansion

Arab Finance: Zilla Capital has advised Triquera B.V., the majority shareholder of Minapharm Pharmaceuticals and Chemical Industries, in Admaius Capital Partners minority stake investment to support Minapharm’s regional and global biotech...

Egyptian Crews Extinguish Blaze on MSC Container Vessel

Egyptian Crews Extinguish Blaze on MSC Container Vessel

(MENAFN) Egyptian teams played a crucial role in extinguishing a blaze that broke out late Tuesday aboard a container vessel managed by the Swiss-based Mediterranean Shipping Company, the Ministry of Petroleum and Mineral Resources confirmed on...

Egypt: EGX closes Tuesday’s session with positive note

Egypt: EGX closes Tuesday’s session with positive note

Arab Finance: The Egyptian Exchange (EGX) ended Tuesday’s trading session on a positive note after the EGX30 index rose by 0.03% to 34,085.74 points. The Sharia-compliant index, EGX33 Shariah, went up by 0.76% to 3,480.44 points. Both the EGX70...

Egypt: Agiba Petroleum unlocks 4,100 BOE/day output from Arcadia-28

Egypt: Agiba Petroleum unlocks 4,100 BOE/day output from Arcadia-28

Arab Finance: Agiba Petroleum Company successfully commissioned the Arcadia-28 well, resulting in a daily production rate of approximately 4,100 barrels of oil equivalent (BOE), according to a statement. This was achieved after a precise acid...

Egypt: El-Sisi approves $1.7bln in additional appropriation for FY2024/25 budget

Egypt: El-Sisi approves $1.7bln in additional appropriation for FY2024/25 budget

Arab Finance: President Abdel Fattah El-Sisi issued Law No. 158 of 2025, approving an additional appropriation of EGP 85 billion in the state budget for the fiscal year (FY) 2024/2025, as highlighted by the official Gazette. In this regard, the...

UK firm to continue subsea well support offshore Egypt

UK firm to continue subsea well support offshore Egypt

Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a two-year extension to its offshore analysis services contract in Egypt, supporting what is described as a “major” operator’s subsea well campaigns....

Israel’s final solution in Gaza – banking on US cash for forced relocation

Israel’s final solution in Gaza – banking on US cash for forced relocation

The Israeli aim of ethnically cleansing Palestinians from Gaza is well underway. It relies on US finance, compliant allies and rejection of peace plans. Cathy Peters reports. Israel’s Mossad director, David Barnea, travelled to the US recently to...

Egypt Rejects Quartet’s Efforts Regarding Sudan

Egypt Rejects Quartet’s Efforts Regarding Sudan

By: Nihad Mustafa In a development that reflects the depth of the Sudanese crisis, a planned summit between the United States, Egypt, Saudi Arabia, and the UAE, which was set to take place at the end of the month, has been canceled. The summit was...

Egypt: FRA grants licences to four companies in non-banking finance, investment fund sectors

Egypt: FRA grants licences to four companies in non-banking finance, investment fund sectors

Egypt - The Committee for the Establishment and Licensing of Companies, under the supervision of the Financial Regulatory Authority (FRA), has granted licences to four companies to expand their operations in Egypt’s non-banking finance and...

Egypt's Sczone Reports $8.6Bn In New Contracts Since Mid-2022 - Dailynewsegypt

Egypt's Sczone Reports $8.6Bn In New Contracts Since Mid-2022 - Dailynewsegypt

(MENAFN- Daily News Egypt) Egypt's Suez Canal Economic Zone (SCZone) has secured contracts worth $8.6bn for 297 industrial, service, logistics, and port projects since the start of the 2022/2023 fiscal year, its chairman said on Monday. In a...

Egyptian agricultural exports reach 6.24mln tonnes, expanding to new global markets

Egyptian agricultural exports reach 6.24mln tonnes, expanding to new global markets

Egypt - Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, announced that the country’s agricultural exports have surpassed 6.24 million tonnes as of mid-month, marking an increase of 575,000 tonnes compared to the same period last...

Trump says India, Russia ‘can take their dead economies down together’

Trump says India, Russia ‘can take their dead economies down together’

United States President Donald Trump said on Thursday that he does not care about “what India does with Russia” and that the “they can take their dead economies down together, for all I care”. “We have done very little business with India, their...

Nigeria’s economy to outpace UK, others in 2025 — IMF

Nigeria’s economy to outpace UK, others in 2025 — IMF

The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow faster than that of the United Kingdom and several advanced economies in 2025, following an upward revision of the country’s GDP growth forecast from 3.0 to 3.4...

Finance Ministry Plans EGP 670Bn In T-Bill, Bond Issuances For August - Dailynewsegypt

Finance Ministry Plans EGP 670Bn In T-Bill, Bond Issuances For August - Dailynewsegypt

(MENAFN- Daily News Egypt) The Ministry of Finance has announced plans to issue a total of 32 tenders for treasury bills and bonds, amounting to EGP 670bn in August. Of this, EGP 580bn will be allocated to treasury bills, while EGP 90bn will be...

Ukraine aims to increase grain and sunflower oil supplies to Egypt

Ukraine aims to increase grain and sunflower oil supplies to Egypt

Ukraine and Egypt are working to boost shipments of Ukrainian agricultural products, specifically grain and sunflower oil, to the Egyptian market. These issues were the main topic of a meeting between Ukraine’s ambassador to Egypt, Mykola...

Housing Minister Reviews Sawary Project, Inspects Infrastructure Works In New Borg El Arab - Dailynewsegypt

Housing Minister Reviews Sawary Project, Inspects Infrastructure Works In New Borg El Arab - Dailynewsegypt

(MENAFN- Daily News Egypt) Egypt's Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny has inspected the progress of utility infrastructure works for industrial land and the construction of a bridge over the high-speed...

Egyptian Agricultural Exports Reach 6.24 Million Tonnes, Expanding To New Global Markets - Dailynewsegypt

Egyptian Agricultural Exports Reach 6.24 Million Tonnes, Expanding To New Global Markets - Dailynewsegypt

(MENAFN- Daily News Egypt) Alaa Farouk, Egypt's Minister of Agriculture and Land Reclamation, announced that the country's agricultural exports have surpassed 6.24 million tonnes as of mid-month, marking an increase of 575,000 tonnes compared to...

WSO2 Strengthens Support for Digitalisation of Government, Finance, and Aviation Sectors in Middle East with Three New Partner Onboardings

WSO2 Strengthens Support for Digitalisation of Government, Finance, and Aviation Sectors in Middle East with Three New Partner Onboardings

(MENAFN- Procre8) Dubai, United Arab Emirates, July 2025 – On the sidelines of its exclusive WSO2Con Asia event for key customers in the Middle East, including a major sovereign wealth fund, a leading financial institution in the GCC and public...

Continental women’s network aims to boost trade

Continental women’s network aims to boost trade

A game-changing initiative in African trade was officially unveiled at the inaugural Global SME Ministerial Meeting held in Johannesburg last week. The Continental Network for Women’s Business Associations in Africa, (CONWOBAA) aimed at promoting...

Egyptologist Takes Up Air Force Career

Egyptologist Takes Up Air Force Career

What do the Royal Australian Air Force and Egyptology have in common? Until Thursday July 3, not a lot. But on that day Corporal Danielle Sass brought together two of the most unlikely specialties: ancient Egyptian religion and RAAF loadmaster on...

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