Dubai-based paid public parking provider Parkin Company PJSC has signed a memorandum of understanding (MoU) with Modon Misr for Asset and Facility Management, Mwasalat Misr and Redcon Properties to explore the development of smart parking and mobility solutions in Egypt.
Updated 8/19/2026 12:12:00 PM
Egypt and the UAE explored opportunities to expand cooperation and investment in renewable energy, battery storage, and electricity infrastructure.
Updated 8/17/2026 12:02:00 PMBilateral trade between Egypt and the UAE hit around $9.68 billion in 2025, with Egypt recording a trade surplus of nearly $4.3 billion, Minister of Investment and Foreign Trade Mohamed Farid indicated.
Updated 8/9/2026 11:30:00 AM
Minister of Petroleum and Mineral Resources Karim Badawi explored ways to utilize AI-powered tools and leverage digital transformation in Egypt's oil and gas sector with AIQ, a subsidiary of the UAE's ADNOC Group.
Updated 7/1/2026 11:52:00 AM
Minister of Electricity and Renewable Energy Mahmoud Esmat has witnessed the signing of two agreements to set up two separate battery energy storage projects with a combined capacity of 1,500 megawatt-hours in Zafarana and Benban.
Updated 6/4/2026 1:14:00 PM
Dubai Financial Market and Abu Dhabi Securities Exchange ended Monday’s trading session in negative territory, reflecting a bearish trend across the UAE stock markets.
Updated 5/18/2026 2:43:00 PM
Egypt’s proptech startup Byit has expanded into the UAE and launched a new range of AI-powered solutions to empower real estate brokers and enable more efficient cross-border property transactions
Updated 5/12/2026 10:23:00 AM
UAE stock markets saw a bearish trend at the close of Monday’s trading session, with Dubai Financial Market General (DFM) Index falling by 82.03 points, or 1.39%, to close at 5,820.18 points.
Updated 5/11/2026 2:31:00 PM
The UAE announced on April 28th that it would withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, effective Friday, May 1st.
Updated 4/28/2026 3:56:00 PM
Mashreq has become the first UAE-based bank to offer a fully digital account opening service for non-resident Egyptian customers, in a move set to transform cross-border banking for Egyptians abroad.
Updated 4/6/2026 1:04:00 PM
UAE stock markets saw a bearish trend at the close of Sunday’s trading session, with Dubai Financial Market General (DFM) Index falling by 6.86 points, or 0.124%, to close at 5,510.99 points.
Updated 3/29/2026 3:25:00 PM
The Dubai Financial Market Index (DFMGI) gained 226.81 points, or 4.146%, finishing Tuesday’s session at 5,697.71 points.
Updated 3/25/2026 2:53:00 PM
The Dubai Financial Market Index (DFMGI) gained 87.88 points, or 1.633%, finishing Tuesday’s session at 5,470.9 points.
Updated 3/24/2026 2:14:00 PM
EGYPTAIR reduced the number of daily flights to Dubai to one instead of two, effective from March 15th, until further notice, according to an official statement
Updated 3/15/2026 9:17:00 AM
EgyptAir announced the gradual resumption of selected flights to the UAE, starting March 9th.
Updated 3/9/2026 9:01:00 AM
Both Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will be closed on March 2nd and March 3rd due to the current situation in the Middle East, the UAE Capital Market Authority announced.
Updated 3/2/2026 7:20:00 AM
Beltone Financial Holding refuted news claiming that the UAE's Al Ansari Financial Services intends to acquire a stake in its shares.
Updated 2/23/2026 2:06:00 AM
El Sayyad Group has formed a strategic partnership with Rove Hotels to introduce the UAE-born hospitality brand to Egypt, marking Rove’s first entry into the local market.
Updated 2/16/2026 11:15:00 AM
The Dubai Financial Market Index (DFMGI) gained 28.33 points, or 0.424%, finishing Thursday’s session at 6,714.6 points.
Updated 2/12/2026 2:53:00 PM
The Dubai Financial Market Index (DFMGI) fell 85.33 points, or 1.26%, finishing Wednesday’s session at 6,686.27.
Updated 2/11/2026 2:53:00 PM