Read the latest news from regional and global sources, presenting different voices and perspectives.

Egypt finalizes $900mln debt swap deals with partner countries: Madbouly
Arab Finance: Egypt succeeded in finalizing debt swap agreements at a value exceeding $900 million with partner countries, Prime Minister Mostafa Madbouly announced. Part of the funds were allocated as part of the Nexus of Water, Food, and Energy...

Egypt Commits to Green Energy With Major Solar and Wind Projects
Cairo is redrawing the map of its energy future with a USD 1.6 billion (EGP 79.36 billion) handshake sealed with Norwegian developer Scatec to build a 1 gigawatt (GW) solar plant and a wind energy project, beginning an ambitious push toward...
Tanzania edges toward trade, industry recovery
TANZANIA’S trade and industrial sectors are showing strong signs of recovery, driven by improved business conditions and expanding market opportunities across the region and beyond. The exports have steadily increased from 6.38 billion US dollars...

Egypt’s Economy Sees Strong GDP Growth in Q3 Amid Global Challenges
Egypt’s economy has demonstrated recovery by recording a GDP growth rate of 4.77% in the third quarter of the fiscal year 2024/2025 as reported by the Ministry of Planning, Economic Development and International Cooperation on Monday 30 June. This...

Moatasem Al Nahar is set to make his Egyptian cinema debut
Syrian actor Moatasem Al Nahar is set to take his first step into Egyptian cinema with the upcoming romantic drama “Hein Yaktob El Hob” (“When Love is Written”), which begins filming soon. The film brings together a stellar cast including Ahmed El...
LR collaborates with DAI Infrastruktur for Egypt green ammonia project
Lloyd's Register (LR) has signed an agreement with German developer DAI Infrastruktur GmbH (DAI) to provide advisory services for Project Ra, a large-scale green ammonia production and bunkering development at East Port Said, Egypt Project Ra is...

Contact Creditech obtains FRA license to expand digital consumer finance in Egypt
Arab Finance: Contact Financial Holding announced that its digital consumer finance arm, Contact Creditech, has obtained a fintech license from the Financial Regulatory Authority (FRA), as per an emailed press release. Accordingly, the company...

Egypt Holds Talks with Iran's Foreign Minister, IAEA Chief
(MENAFN) On Monday, Egyptian Foreign Minister Badr Abdelatty engaged in critical discussions with Iranian Deputy Foreign Minister Seyed Abbas Araghchi and International Atomic Energy Agency (IAEA) Director General Rafael Grossi, focusing on the...
Animal disease disrupt the export recovery path of the SA red meat industry
Wandile Sihlobo says SA should increase its investment in animal health by allocating better resources to infrastructure 30 June 2025 We are halfway through 2025, and if you were to ask any cattle farmer in South Africa, how has the year been?...

AgriCash raises seed round to drive inclusive agri-fintech innovation in Egypt
Egypt-based agri-fintech AgriCash has raised an undisclosed seed funding round led by Alex Angels, with participation from regional investors. Founded by Diaa Youssef and Mostafa El-Sehli in 2024, AgriCash provides farmers with a digital financing...
Egypt: Al Safy Group invests $80mln to expand factory in 6th of October City
Egypt - Al Safy Group is investing $80m to expand its factory in 6th of October City, aiming to increase production capacity and meet rising demand for its high-tech product lines. Global tech giant Xiaomi has chosen the facility to manufacture...

Putin approves Egypt’s repayment of Dabaa nuclear plant loan in Russian rubles
Russian President Vladimir Putin ratified the annex to the agreement concluded with Cairo on the terms of Egypt’s repayment of the loan to finance the Dabaa nuclear power plant project. The Dabaa plant is being built by the Russian state-owned...
Egypt’s Environment Minister calls for stronger action on desertification, climate resilience in Africa
Egypt’s Minister of Environment, Yasmine Fouad, has warned that climate change and desertification pose critical threats to Africa’s security and stability, urging coordinated regional action and increased investment in sustainable environmental...
Egypt's FM discusses Iranian nuclear issue with Iran's FM, IAEA chief
CAIRO, June 30 (Xinhua) -- Egyptian Foreign Minister Badr Abdelatty on Monday held phone conversations with his Iranian counterpart, Seyed Abbas Araghchi, and the International Atomic Energy Agency (IAEA) chief Rafael Grossi on the resolution of...
Half of exporters’ dues for pre-June 2024 shipments to be paid in cash starting August 7: Egypt's minister
Egypt - Ahmed Kouchouk, Minister of Finance, announced that 50% of the outstanding dues owed to exporters for shipments made before the end of June 2024 will begin to be paid in cash over a four-year period, starting from the 2025/2026 fiscal...

Egyptian fintech Valu’s market cap hits $370 million after blockbuster EGX debut
Egyptian fintech Valu’s market cap reached $370 million as of close of trading today, following a blockbuster debut on the Egyptian Exchange (EGX) last week that saw shares surge 852.4% from their opening price of EGP 0.78 to close at EGP 7.40,...

Egypt urges maintaining Iran-'Israel' ceasefire, reaching Gaza truce
Egypt’s FM Badr Abdelatty urges regional de-escalation and an end to the war on Gaza and reveals that Cairo is working on a new ceasefire initiative. Egyptian Foreign Minister Badr Abdelatty emphasized the urgent need to maintain the ceasefire...

Egypt Is Vital Strategic Partner For India, Their Relationship Will Only Grow Stronger: ORF
(MENAFN- Daily News Egypt) New Delhi – In an increasingly interconnected world, India's strategic engagement with the African continent continues to evolve, forming a key pillar of its foreign policy. Against this backdrop, Dr. Samir Bhattacharya,...

Egypt sees 4.77% growth in Q3 amid industrial recovery
Egypt’s economy expanded by 4.77% in the third quarter of its 2024/25 fiscal year, a marked improvement from the 2.2% growth recorded during the same period last year, according to the Ministry of Planning. Egypt’s economy expanded by 4.77% in the...

Egypt tops Argentina's orange imports
Egypt is rapidly strengthening its position in the global citrus market, demonstrating impressive growth in orange exports to Argentina, reports EastFruit. According to Global Trade Tracker data from the National Institute of Statistics and Census...