Air Arabia Q1 profit slips as regional disruption bites
Air Arabia reported a net profit of AED 278 million for the first quarter ended March 31, 2026, as regional airspace closures and temporary operational...
Tag : Egypt
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...
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...
Egypt’s Qantara West projects to bring $4 billion in exports
Egyptian Prime Minister Mostafa Madbouly announced Saturday that industrial projects in the Qantara West Zone are expected to generate between $3 billion and $4 billion...
Egypt’s central bank cuts interest rates by 200 basis points
Egypt’s central bank cut its benchmark interest rates by 200 basis points on Thursday, bringing the overnight deposit rate to 22 percent and the lending...
UAE and Egypt reinforce ties during president’s fraternal visit
UAE President Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates (UAE) arrived in New Alamein City on Monday for a fraternal visit...
NEOM meeting reinforces Saudi-Egypt strategic partnership
Saudi Crown Prince Mohammed bin Salman and Egyptian President Abdel Fattah El-Sisi held a high-level meeting in NEOM on Thursday to strengthen bilateral ties and...