ADNOC Gas posts resilient Q1 profit despite disruption
ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company...
Tag : Egypt
Egypt secures $1 billion World Bank reform support
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures...
UAE Egypt talks focus on economy and regional security
UAE President Sheikh Mohamed bin Zayed Al Nahyan and Egyptian President Abdel Fattah El-Sisi held talks in Abu Dhabi on Thursday, focusing on bilateral cooperation and regional developments, according to...
Egypt documents 10,000 years of rock art in South Sinai
CAIRO: Egypt’s Ministry of Tourism and Antiquities said it has documented a previously unknown rock art site in South Sinai featuring a natural sandstone rock shelter that...
UAE and Egypt reaffirm ties as leaders meet in Abu Dhabi
ABU DHABI, Feb. 9, 2026: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Egyptian President Abdel Fattah El-Sisi on Monday upon his arrival in Abu Dhabi, marking the start...
IMF to cut surcharges for member countries starting November 1
MENA Newswire News Desk: The International Monetary Fund (IMF) has announced a significant reduction in borrowing costs for its member countries, cutting these costs by...
UAE president’s Egypt visit aims at strengthening bilateral ties
MENA Newswire News Desk: Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, arrived in Cairo for a working visit, where he was received at...
Egypt partners with global energy companies in $1.8 billion offshore exploration initiative
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country's ambitious plan to invest $1.8 billion in offshore exploration for...
Egypt partners with global energy companies in $1.8 billion offshore exploration initiative
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country's ambitious plan to invest $1.8 billion in offshore exploration for...
UAE, Egypt, Jordan, and Bahrain sign $2 billion in industrial deals
During the third meeting of the Industrial Partnership for Sustainable Economic Development's Higher Committee, companies from the UAE, Egypt, Jordan and Bahrain signed industrial agreements...