Friday, October 23, 2026

Egypt’s Chemical Exports to China Surge Eightfold as Trade Push Widens

Cairo, Egypt’s chemicals and fertilisers exports to China surged 678% year on year to $287 million in the first...

Egypt to Offer 50 New-City Land Plots to Overseas Investors

CAIRO, Egypt is preparing to offer 50 investment land plots across new cities from November 1, targeting potential proceeds...

Egypt-China Ventures Plan $500m Power Equipment Expansion

CAIRO — Two Egyptian-Chinese joint ventures plan initial investments of up to $500 million to expand electrical-equipment manufacturing and...

Egypt’s EGX30 Rallies as Broader Stocks Fall, Debt Selling Persists

CAIRO, October 22 — Egypt's benchmark EGX30 extended its recovery on Wednesday, rising 1.47% to 52,854.95 points, but the...

PHP2Shell Triggers Global Cybersecurity Emergency as Websites Race to Patch

Millions of attempted attacks, precautionary government shutdowns and AI-discovered software flaws expose the risks facing the global digital economy Critical...

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...

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Top 10 This Week

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 review of whether 12 years...

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 at the South Magawish Tourism...

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, exposing the risks of autonomous...

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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...