Arabic Business Press, in English
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Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands
Brent and WTI crude jump more than 4 dollars a barrel after Iran ties any reopening of the Strait of Hormuz to lifting U...
Egypt Eyes US Investment in New Cities and Water Desalination Projects
Housing minister Randa Al-Minshawi and the US chargé d'affaires discussed opportunities for US companies in Egypt’s urba...
Egypt’s PM Inspects Health, Water and Sanitation Projects in Gharbia as ‘Decent Life’ Expansion Accelerates
Prime Minister Madbouly visited Gharbia governorate to review the second phase of the presidential ‘Haya Karima’ initiat...
Egypt’s FRA, EGX, and Tax Authority Launch Joint Committee to Resolve Capital Market Tax Ambiguity
A new coordination committee between Egypt’s financial regulators and the tax authority has begun work to clarify tax tr...
Egypt’s New Real Estate Brokerage Rules Take Effect: Jail and Fines for Unlicensed Agents
New rules imposing jail terms and fines of up to EGP1 million on unlicensed real estate brokers are now being enforced, ...
Alexandria Container Handling’s H1 Profit Jumps 18% to EGP 3.8B as Expansion Advances
Egypt’s Alexandria Container and Cargo Handling Company reported a sharp rise in first-half earnings, backed by margin g...
Red Sea Ports Handle 13,000 Tons of Cargo and 677 Trucks in Day's Trade
Egypt's Red Sea ports recorded 13,000 metric tons of general cargo and 677 trucks transiting through its facilities, wit...
Egypt's FRA Opens Door to Hedge Funds, Betting on Liquidity and Foreign Capital
The Egyptian Financial Regulatory Authority has issued the regulatory framework for hedge funds, enabling asset managers...
MENA M&A Deals Dip to $46.7bn in H1 2026, but Q2 Momentum Signals Market Resilience
EY’s H1 report records 390 deals worth $46.7bn, down from 434 a year ago, yet surging Q2 activity and large-scale transa...
Hitachi air365 Max VRF Claims 90% Cooling Capacity at 46°C as Gulf Buildings Brace for Summer Peak
Bosch Home Comfort Group says real summer performance beats rated capacity, pointing to Hitachi's new VRF system with hi...
Triodos Bank Warns Summer Heatwaves Could Wipe €180 Billion Off EU Economy
A new report from Dutch lender Triodos warns that extreme heat and drought in summer 2026 could slash EU GDP by 1% — equ...
ADNOC Gas Q2 Net Income Tops Guidance at $665 Million, Lifts 2030 Growth Target on Expansion Spree
ADNOC Gas posted net income of $665 million, beating the upper end of its own guidance, and raised its 2030 EBITDA growt...
Egypt and Chad Boost Economic Ties with Land Corridor, Health, and Education Projects
Bilateral talks in N'Djamena yielded MoUs on health, culture, civil aviation, and tourism, alongside plans for a strateg...
UBS Forecasts Gold Could Hit $5,000 per Ounce by Mid-2027
The Swiss bank expects falling real yields and a weaker dollar to propel bullion higher, but warns of near-term volatili...
FRA Approves Live Test for ePassport Digital Identity Project by Lumin Soft and Azimut
Egypt’s financial regulator has given Lumin Soft and Azimut the green light for a three-month live trial of a digital id...
Cameroon Cocoa Output Plunges 20%, Squeezing Global Chocolate Supply
Production fell to a five-year low of 247,914 tonnes in 2025/26 after extreme weather hit West Africa, slashing exports ...
US Treasury Yields Hold Steady as Markets Brace for July Jobs Report
Yields on 2-, 10-, and 30-year Treasuries were little changed early Friday as traders awaited nonfarm payrolls data, exp...
German Exports Surprise with 0.9% Jump in June, Outpacing Forecasts
Germany’s exports climbed 0.9% month-on-month in June, far beyond the 0.2% analyst consensus, signaling a resilient trad...
Egypt–UAE Trade Surges 475% to $9.68bn in 2025 as Ministers Deepen Investment Ties
Bilateral trade jumped from $3.68bn in 2021 to $9.68bn in 2025, with Egyptian exports to the UAE soaring to $6.99bn. Min...
Invest Bank H1 Profit Leaps 61% as Loan Book Hits Record, Fitch Upgrades Rating
Profit before tax reached AED 80.5 million, driven by soaring net interest income and a surge in retail lending; total a...
Progress in Iran-Oman Talks to Reopen Strait of Hormuz; US to Lift Blockade as Oil Exports Set to Resume
An unnamed U.S. official says rapid progress between Tehran and Muscat could soon lead to reopening the strategic waterw...
Coolcations: Heatwaves Drive Tourists from Mediterranean to Nordic Destinations
Record heat and wildfires are reshaping summer travel, with a surge in bookings to cooler Scandinavia. Travelers and ind...
Alexandria–Cairo Train Timetable and Ticket Prices for Thursday, August 6, 2026
A full guide to today's train services between Alexandria and Cairo, covering schedules, classes, fares from 90 EGP to 4...
Egyptian Insurance Premiums Rise 10% to EGP 53.3bn in First Five Months of 2026
Total premiums collected by Egypt's insurers reached EGP 53.27 billion in January–May 2026, up from EGP 48.42 billion a ...
Egyptian Agricultural Bank awards staff over personal loan surge in Q1 2026
ABE has honoured branch managers and retail leaders for delivering exceptional personal loan volumes, underscoring a per...
Egypt Locks in Industrial Land Prices Until Mid-2027 Under New Cabinet Rules
The government sets fixed per-square-metre land rates, introduces three tenure options, and tightens project completion ...
US 12.5% Tariff Hits $7.4B in Singapore Exports; Semiconductors & Pharma Spared
Nearly a third of Singapore's domestic exports to the US — worth $7.4 billion — are now subject to a 12.5% tariff under ...
Oil Stocks Near ‘Tank Bottom’? Why the Crisis May Be Less Dire Than Feared
A staggering 400–600 million barrels have been drained from global inventories amid the Strait of Hormuz crisis, but pre...
Why Extended Producer Responsibility Is a Billion-Pound Opportunity for Egypt
As Egypt rolls out its new Extended Producer Responsibility scheme starting with single-use plastic bags, the policy ope...
Egypt Movable Collateral Registry Hits EGP 4.22 Trillion in April, Up 23.5% YoY
The value of registered movable collateral surged to EGP 4.22 trillion by April, pointing to rapid credit growth, with b...
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