Read the latest news from regional and global sources, presenting different voices and perspectives.
Egypt: AMOC records over $30mln consolidated profits in FY24/25
Cairo: Alexandria Mineral Oils Company (AMOC) generated consolidated net profits after tax valued at EGP 1.55 billion in fiscal year (FY) 2024/2025, an annual growth of 3% from EGP 1.50 billion. The sales reached EGP 37.62 billion in the 12-month...
Egypt's minister explores deeper energy trade ties with China’s United Energy Group
Egypt - Karem Badawi, Minister of Petroleum and Mineral Resources, met in Dubai with Song Yu, Chairperson and CEO of China’s United Energy Group (UEG), alongside Kamel El-Sawy, UEG’s Regional President for Africa, and an accompanying delegation....
Egypt's EGX launches new index tracking low-volatility stocks
Egypt: The Egyptian Exchange (EGX) has announced the launch of a new index, the EGX35-LV, set to go live on 1 August. The index will track 35 of the most liquid stocks with the lowest price volatility, covering 13 different sectors to ensure...

A Closer Look At The Egypt-Germany €100M Debt Swap Talks
Egypt is working with Germany on a new debt swap deal worth €100 million, set to be delivered in two phases. The first half will be disbursed in December 2025, and the second in June 2026. The funds will go toward development projects across the...

Egypt: Delta Sugar registers 27% higher net profits in H1-25
Cairo: The net profits after tax of Delta Sugar increased by 27% to EGP 1.19 billion in the first half (H1) of 2025 from EGP 940.49 million a year earlier. The sales amounted to EGP 5.38 billion in H1-25, higher by 378% year-on-year (YoY) than EGP...

Egypt develops National Action Plan to decarbonize the shipping industry
With support from IMO‘s GreenVoyage2050 program, Egypt has formulated a National Action Plan (NAP) to address greenhouse gas emissions from ships and ports. National Action Plan workshop A workshop in Alexandria was co-organized by the Egyptian...

From Animals To Aesthetics: Egyptian Vet Exposed For Performing Illegal Beauty Procedures
KUWAIT CITY, July 31: In a shocking bust that has sent ripples across Kuwait’s beauty industry, authorities have arrested an Egyptian national for posing as a plastic surgeon and carrying out illegal cosmetic procedures inside an unlicensed...
Tunisia Hand Egypt Another Blow
Hussain Almaskati TDT | Manama Email : hussainm@newsofbahrain.com As Bahrain took their scheduled rest day, three matches unfolded at the 26th Arab Men’s Basketball Championship, clarifying the standings and raising the stakes ahead of the final...

Salman Corporation launches Oman’s first Trade Finance Marketplace to empower local retailers
MUSCAT : In a landmark move reshaping Oman’s trade and retail landscape, Salman Corporation has launched the Sultanate’s first-ever Trade Finance Marketplace, in strategic partnership with Egypt’s fintech infrastructure enabler Cassbana and Oman’s...

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....

Egypt's FM Discusses Gaza, Nile Dam With US Senators - Dailynewsegypt
(MENAFN- Daily News Egypt) Egyptian Foreign Minister Badr Abdelatty held a series of meetings with senior US senators in Washington to discuss the strategic partnership between the two countries and pressing regional issues, including the war in...

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...
Foreign-funded business entities exceed 10,000 in east China trade hub
HANGZHOU, July 31 (Xinhua) -- Pakistani businessman Ali Kamran on Thursday received the business license for his company set up in Yiwu, a bustling trade center in east China's Zhejiang Province, with his firm becoming the 10,000th foreign-funded...

Egypt, UAE Coordinate to Supply 2 Million Gallons of Water Daily to Gaza Residents
Thu 31 Jul 2025 | 01:11 AM The United Arab Emirates and Egypt are intensifying their humanitarian coordination to deliver 2 million gallons of potable water daily to residents of the Gaza Strip, as part of a broader joint relief effort, UAE Deputy...

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...

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...

Egypt partners with Italian academy to launch applied technology schools for electricity sector
Egypt has signed a cooperation protocol with Italy’s Nova Technology della Vita Academy to establish and develop five applied technology schools focused on the electricity sector, the prime minister’s office said in a statement. Egyptian Prime...

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...

Egypt exports first high-tech potato seeds to Uzbekistan after opening market
Egypt has exported its first shipment of locally produced, high-technology “mini tuber” potato seeds to Uzbekistan, the Ministry of Agriculture and Land Reclamation announced on Wednesday , following recent efforts to open the Uzbek market. The...

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...