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Egypt’s Gold Rises as Weaker Pound Offsets Global Sell-Off

Market Updates & Finance MEO Editorial -
21-karat gold climbs 2.2% in less than two weeks despite falling international bullion prices, exposing the growing influence of...

Egypt Stocks Rebound 3.5% as $619mn Debt Selling Tests Recovery

Market Updates & Finance Mona Alameddine -
CAIRO, Egypt's benchmark EGX30 surged 3.49% to 50,104.83 points on Tuesday, October 27, as a broad equity rally restored...

Microsoft Offers Buyouts to 60,000 Staff as $175bn AI Spending Tests Profit Margins

Americas MEO -
Microsoft is offering voluntary buyouts to approximately 60,000 employees, more than a quarter of its global workforce, as the...

Egypt’s Forbes Sustainability Entries Rise to 14 as Green Investment Expands

Economy MEO -
Egypt ties Qatar in the 2026 ranking, while $566mn in new solar financing highlights the opportunities and execution risks...

Egypt Sweeps African Table Tennis Team Titles in Morocco

Egypt Ahmed Fawzy -
Omar Assar seals a dramatic 3–2 victory over Algeria as Egypt’s women defeat Tunisia 3–0. TANGIER, Morocco, October 20, 2026...

Saudi Electrical Industries Targets Power-Grid Supply Chain with $40M Factory

Industry MEO -
RIYADH, — Saudi Electrical Industries Company (EIC) has approved a SAR 150 million ($40 million) factory to manufacture power transformer...

Egypt’s $650M Solar Project Could Create 2,500 Jobs, Support Aluminium Exports

Energy MEO -
CAIRO — Egypt has signed preliminary financing agreements for a $650 million solar power project in Qena that could create...

Saqqara Tomb Discovery Raises Questions About Ancient Egyptian Medicine

Egypt MEO -
CAIRO — Egyptian archaeologists have uncovered an inscribed tomb at Saqqara containing bronze instruments that may have been used for...

El-Sisi Presses Egypt’s 45% Renewable Power Target as EGP 200bn Grid Upgrade Takes Shape

Energy MEO -
President reviews wind power, energy storage, desalination and domestic manufacturing as Egypt seeks to cut fuel imports, attract green...
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Top 10 This Week

Dancing Stars and a Night of Celebration: Inside the Closing Ceremony of El Gouna Film Festival 2026

Media Ahmed Fawzy -
El Gouna Film Festival brought its ninth edition to a vibrant close on October 23, 2026, with a spectacular evening combining music, spontaneous dancing,...

Meta Seeks $95bn in Equity as AI Spending Strains Cash Flow

Technology MEO -
Facebook parent launches $35bn offering, with a further $60bn planned, as investors weigh the cost of the artificial intelligence race. Meta Platforms, owner of Facebook,...

Egypt’s Pound Hits Record Low as Debt Selling Deepens Market Strain

Market Updates & Finance Mona Alameddine -
CAIRO, Egypt's benchmark EGX30 fell 1.66% to 48,416.94 points on Monday, extending a three-session decline as the pound weakened beyond EGP56 per dollar for...

Top 10 This Month

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Real-estate

Egypt Offers 84 Investment Sites as Urban Expansion Shifts Towards Private Capital

MEO Staff -
CAIRO — Egypt has offered approximately 84 investment opportunities across its new cities this month, seeking to mobilise domestic...

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The Middle East Observer is a leading online platform dedicated to providing unbiased, in-depth coverage of the Middle East, North Africa and the world. Our expert team of journalists delivers timely news and analysis across a diverse range of topics, including politics, economics, life style, science, and technology. We strive to inform and engage our readers with informative, premium coverage, and thought-provoking content.

Latest Articles

Egypt’s Gold Rises as Weaker Pound Offsets Global Sell-Off

Market Updates & Finance 0
21-karat gold climbs 2.2% in less than two weeks...

Egypt Stocks Rebound 3.5% as $619mn Debt Selling Tests Recovery

Market Updates & Finance 0
CAIRO, Egypt's benchmark EGX30 surged 3.49% to 50,104.83 points...

Microsoft Offers Buyouts to 60,000 Staff as $175bn AI Spending Tests Profit Margins

Americas 0
Microsoft is offering voluntary buyouts to approximately 60,000 employees,...

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Kuwait Turns to Future Wealth as Hormuz Tests Treasury Liquidity

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The Strait’s disruption has intensified pressure on Kuwait’s Treasury,...

Small & medium enterprises in Egypt between success & challenges

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By Mona Alam Eldin Small and medium enterprises have been...

Orascom Pyramids Targets Five Million Visitors as Giza Tourism Gains Momentum

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Orascom Pyramids, the company responsible for developing and operating...

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