Oil prices surpassed $100 a barrel for the first time since July 2022, driven by escalating tensions in the Middle East.
Updated 3/9/2026 9:49:00 AM
Egypt is once again dealing with the economic fallout from the unrest in the Middle East as regional conflict intensified in late February 2026. Fears of instability across the Middle East have been rekindled by escalating tensions between the US and Iran, punctuated by recent military strikes involving both Washington and Tel Aviv.
Updated 3/5/2026 10:49:00 AM
The US Department of State has called on American citizens to leave more than a dozen countries in the Middle East, including Egypt, amid US-Israeli strikes against Iran.
Updated 3/3/2026 9:23:00 AMThe second edition of the Innovation Summit Middle East & Africa will be held in Abu Dhabi from April 28th to 29th, Schneider Electric announced.
Updated 3/2/2026 9:42:00 AMB Investments Holding is studying several investments in key sectors in Egypt and the Middle East within two years.
Updated 2/12/2026 10:09:00 AM
Telecom Egypt announced the completion of the core 2Africa subsea cable system, developed through a consortium that includes Bayobab, center3, China Mobile International, Meta, Orange, Vodafone Group, and WIOCC.
Updated 11/19/2025 10:51:00 AM
Gold prices soared for the fourth consecutive session to a near two-month high on Monday, as Iran-Israel clashes pushed investors towards safe-haven assets
Updated 6/16/2025 8:33:00 AMMisr Fertilizers Production Company (MOPCO) has decided to implement an intensive maintenance plan to improve operating conditions
Updated 6/16/2025 7:10:00 AMAbu Qir Fertilizers and Chemicals Industries Company (ABUK) decided to implement an intensive maintenance plan for its plants to enhance operating conditions
Updated 6/15/2025 10:29:00 AMThe Ministry of Health signed a memorandum of understanding (MoU) with Siemens Healthineers to launch the first radiology equipment development center in Egypt and the Middle East.
Updated 3/23/2025 8:29:00 AM
The political and economic situation in the Middle East is facing huge challenges, Egyptian tycoon Naguib Sawiris said during the second session of the 6th Annual Hapi Conference, citing escalating events in Syria and Libya and their impact on investment.
Updated 12/9/2024 3:04:00 PMToyota Egypt Group (TEG) is making big strides in the Egyptian automotive sector by winning the Global Skill Award from Al-Futtaim Group.
Updated 7/9/2024 11:21:00 AM
Oriental Weavers was named one of the Top 50 Listed Companies in Egypt by Forbes Middle East.
Updated 7/2/2024 3:36:00 AM
Mastercard has teamed up with HSBC Middle East to launch Mastercard Wholesale Program in the region.
Updated 5/30/2024 12:19:00 PM
Beko Egypt has extended the responsibilities of its General Manager Umit Gunel to serve as the Regional Director for Beko in North West Africa.
Updated 1/30/2024 12:24:00 PM
Honeywell has appointed Khaled Hashem as President of the recently consolidated Middle East and Africa (MEA) region for the company.
Updated 1/26/2024 11:08:00 AM
Siemens Healthineers has appointed Vivek Kanade as Head of Middle East and Africa (MEA) Operations.
Updated 12/7/2023 10:39:00 AM
Egypt is planning to turn Cairo International Financial Center into the main financial hub for venture capitals (VCs) in the Middle East and North Africa (MENA) region.
Updated 11/16/2023 11:16:00 AM