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...
UAE Egypt presidents meet in Cairo to deepen fraternal ties
President Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates met with Egyptian President Abdel Fattah El-Sisi in Cairo on Saturday, as the...
Loans worth €4.5 billion approved for Egypt and Jordan by EU
The European Parliament's International Trade Committee has endorsed two separate macro-financial assistance (MFA) packages aimed at supporting Egypt and Jordan, with proposed loans of €4...
IMF reduces annual borrowing costs for members by 36 percent
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...
WEF launches digital platform to boost clean energy investments globally
MENA Newswire News Desk: The World Economic Forum (WEF) today unveiled its Playbook of Solutions, a comprehensive digital platform designed to enhance clean energy investments...