Thursday, October 22, 2026

Hapag-Lloyd Eyes More Suez Canal Services in Phased Return

ISMAILIA, Egypt — German shipping group Hapag-Lloyd is considering restoring additional services through the Suez Canal as maritime security...

Egypt’s EGP11tn Deal Signals New Push to Turn State Assets into Growth

CAIRO — Egypt signed an EGP11 trillion ($202 billion) agreement with Talaat Moustafa Group on Tuesday to develop four major...

EGX Rally Gains Institutional Support as Foreigners Sell Government Debt

Egyptian equities extended their recovery on Tuesday, October 20, as the benchmark EGX30 rose 1.94% to 52,089.01 points and...

Maersk Targets Full Return to Suez Canal by March 2027

Danish shipping group Maersk aims to restore all its services through the Suez Canal by March 2027, as vessel...

El-Sisi’s Egypt Forum Puts Living Costs and Reform Plans Under Scrutiny

CAIRO — President Abdel Fattah El-Sisi inaugurated Egypt Forum 2026 in the New Capital on Monday, launching a six-day...

Egypt Allocates Over 1 Million Sqm for Hurghada Tourism Projects

CAIRO — Egypt's Tourism Development Authority (TDA) has approved 16 land allocations covering more than one million square metres...

Meta AI Agent Arranges Sale Without Owner’s Knowledge

Meta's AI assistant Muse negotiated a keyboard sale, disclosed its owner's home address and arranged collection without notifying him,...

Indonesia’s Danantara Plans SAR6bn Makkah Hospitality Investment

Indonesia’s sovereign investment fund Danantara has completed the acquisition of a hotel and 14 development plots in Makkah for...

EGX Rebounds Sharply as Bank IPO Faces Pricing Test

Egyptian equities recovered sharply from an intraday sell-off on Monday, October 19, with the benchmark EGX30 rebounding nearly 1,478...

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Top 10 This Week

Egypt Raises Waste Collection Efficiency to 79% as Recycling Infrastructure Expands

Egypt has raised its municipal waste collection and transport efficiency to 79%, up from 55% in 2018, as the government expands recycling facilities, sanitary...

How AI Is Reshaping Work, Management and Business Productivity

Artificial intelligence is transforming business operations, professional skills and management responsibilities as companies move beyond individual tasks towards automating entire workflows. AI agents capable...

Egypt Offers 400 Industrial Units, Including Reclaimed Factories

Egypt has opened applications for 400 ready-built industrial units across ten governorates, including facilities reclaimed from investors who failed to meet implementation deadlines, as...

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

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

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Africa

Africa Puts Deadlines Behind Investment Ambitions at Inaugural Alamein Forum

NEW ALAMEIN — African governments have set deadlines to...

Egypt’s Africa Opportunity Is Bigger Than Exports

CAIRO — Egypt has built a sizable trade surplus...

Suez Canal Weighs Kenya Venture to Export Maritime Engineering Into East Africa

CAIRO — The Suez Canal Authority is weighing a...

Africa’s Inflation Fight Moves Beyond Central Banks

Africa’s latest inflation shock is exposing a problem interest...

Egypt, Senegal Advance Alexandria–Dakar Shipping Plan With Atlantic Trade Potential

CAIRO — Egypt and Senegal have advanced plans for...