Arabic Business Press, in English
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Egypt Announces E-Visa QR Code Pilot Starting August
Egypt will trial an e-visa system using QR codes from August, part of a wider plan to simplify tourist entry, expand vis...
Saudi Arabia’s Ma’aden Launches Scholarship-to-Employment Programme for Mining Talent
Registration opens for a fully-funded bachelor’s scholarship pathway at top global mining schools, with a guaranteed job...
Trump Endorses Burnham's North Sea Oil Push, Slams Wind Imports
US President Trump hailed incoming UK PM Andy Burnham's plan to revive North Sea drilling, calling it a lifeline for the...
Alexandria Port Cargo Volumes Rise 10% to 82 Million Tonnes on Dry Bulk, Container Gains
Egypt's main Mediterranean gateway records strong growth in dry bulk, containerised goods and cruise traffic, reinforcin...
Zimbabwe to Proceed with Lithium Concentrate Export Ban on Jan 1, 2027, Rejecting Industry Delay Requests
Africa's largest lithium producer will halt raw lithium concentrate exports from 2027, despite insufficient local proces...
Egyptian Mango Exporters Eye European Gains as Spain’s Harvest Shrinks
A 30% drop in Spanish production and lower Indian supply are opening a profitable window for Egyptian mango exporters—bu...
Liquidity Flees Egypt's Blue-Chips for Small Caps as EGX30 Lacks Catalysts
Egypt's benchmark EGX30 slipped 0.7% while the small-cap EGX70 jumped 1.25% as investors rotated out of heavyweight stoc...
Egyptian Pound Breaches 51 Again as Foreign Outflows and Geopolitical Tensions Weigh
The Egyptian pound surpassed 51 per dollar for the first time since the 2024 float, driven by $1.45 billion in foreign o...
Egypt’s Central Bank Debuts EGP 150 Billion Variable-Rate Treasury Certificates
A new 63-day instrument linked to the corridor rate offers the government flexible funding and gives banks a fresh tool ...
Syrian Market Uncertainty Dashes Hopes for Egyptian Cement Export Revival
Egypt's cement sector, once eyeing Syria as a reconstruction export hub, now faces unclear demand, with only 5,000 tonne...
Egypt Imports 223,000 Tonnes of Food as Wheat and Soybeans Lead Weekly Arrivals
Wheat and soybean shipments dominated Egypt's food imports in mid-July, with Russia remaining the top supplier. The Nati...
Smart Wins Baker Approval for Egypt’s New Direct-Discount Bread System
Egypt’s General Division of Bakeries backed Smart’s electronic collection platform over offers from WE, Fawry and e& as ...
DeepSeek Targets $7.4 Billion Funding Round As Valuation Nears $74 Billion Ahead of Shanghai IPO
China's AI powerhouse DeepSeek is in talks for a new 50 billion yuan raise, following a similar-sized round last month, ...
From Oil to Inflation: How US-Iran Tensions and the Hormuz Risk Recast Global Economic Calculations
Rising US-Iran tensions and instability around the Strait of Hormuz are sending shockwaves through oil markets, shipping...
Egypt Extends Tax Dispute Law, Offers Bookkeeping Relief for Small Firms to Tame Shadow Economy
The Egyptian Tax Authority is extending a dispute settlement mechanism, introducing simplified accounting for companies ...
Egypt’s Poultry Industry Seeks Formal Commodity Exchange Listing to Tame Prices
Moves to list poultry on Egypt’s commodity exchange aim to boost transparency and protect producers squeezed by a 15-pou...
Saudi Real Estate Deals Surpass SAR 1.6 Trillion Under New Brokerage Law
Over 13 million transactions recorded since July 2023 as licensing and oversight tighten, with 117,000 brokers now regis...
Saudi Real Estate Registry Opens Title Registration for 1,491 Properties in Riyadh, Mecca and Tabuk
Saudi Arabia’s real estate registry has opened online registration for 1,491 land parcels in Riyadh, Mecca and Tabuk, re...
Tatweer Misr Targets 2027 Handover for First 1,000 Units of Solt Project
CEO Ahmed Shalaby confirms the Solt project timeline, unveils a 340,000 sqm marina phase, and projects annual revenues o...
Tatweer Misr CEO Calls for Real Estate Developers' Union and Clearer Market Laws
Ahmed Shalaby says an industry body and integrated legislation would protect all parties and boost stability, while also...
Egypt's Severe Heatwave to Break by Next Week, Meteorology Authority Says
The Egyptian Meteorological Authority says the current extreme heat and high humidity will begin to ease early next week...
Gold at a Crossroads: Analyst Flags $4,000 as Decisive Level for the Next Move
Gold's recent pullback is likely a deeper correction within a long-term structural bull run, not a loss of allure, says ...
Qatar Leads Diplomatic Push to Defuse Regional Tensions, Spotlighting Strait of Hormuz Security
Doha held talks with Jordan, Oman, and Saudi Arabia to calm Iran-linked unrest, underlining the critical importance of k...
Egypt Fast-Tracks Industrial Prosthetics Hub to Serve Disabled and Target Regional Market
Prime Minister Madbouly chaired a high‑level review of plans for a national prosthetics manufacturing complex, aiming to...
Egyptian Union Chief Demands Formal Status for Gig Workers, Calls for Minimum Wage Enforcement
The deputy head of Egypt's trade union federation says regulating ride-hailing and delivery platforms is now urgent to s...
Poultry Hormone Denial and Water Fraud Crackdown Highlight Egypt's Food Integrity Challenges
Egypt's Ministry of Agriculture reassures consumers that hormone use in poultry is a myth, attributing rapid growth to g...
Egypt, Greece Vow to Strengthen Strategic Partnership and Drive Regional De-escalation
A high-level call between the Egyptian and Greek foreign ministers underscored deepening ties, with both sides pledging ...
Egyptian Banks Escalate Savings Competition with Tiered Rates, High Balances Earn Up to 18% Annually
As summer prompts financial reassessments, major Egyptian banks offer tiered savings accounts with rates reaching 18% fo...
Iran’s $6 Billion Crude Export Boom Exposes Sanctions Policy Volatility
New data reveals Iran swiftly exported about 70 million barrels of oil worth up to $6 billion during a brief U.S. licens...
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