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Shell Eyes $100mn Egypt Gas Exploration as Import Bill Pressures Economy

Energy Ivette Ayad -
The planned 2027 offshore investment comes as Egypt seeks to reverse declining gas production and reduce its multibillion-dollar import...

Suez Canal Authority, DEME Explore Dredger Construction and Repair Partnership

Maritime MEO Editorial -
Talks focus on dredger hull manufacturing, vessel maintenance and technology cooperation as Egypt expands its maritime industries. ISMAILIA, The Suez Canal...

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...
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Top 10 This Week

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 medical purposes, offering a potentially...

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 investment and reduce public debt. CAIRO,...

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,...

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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Ghana Signs $28bn Deal for Major Petroleum and Petrochemical Hub

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Africa Puts Deadlines Behind Investment Ambitions at Inaugural Alamein Forum

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Shell Eyes $100mn Egypt Gas Exploration as Import Bill Pressures Economy

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Suez Canal Authority, DEME Explore Dredger Construction and Repair Partnership

Maritime 0
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Egypt’s Gold Rises as Weaker Pound Offsets Global Sell-Off

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