Egypt News

Egypt’s Parliament Formalises Powers of Military-Linked Future of Egypt Authority

Egypt’s parliament approved a law on 14 July 2026 granting the Future of Egypt Authority vast powers over food imports,...

July 15, 2026

Egypt’s TMG Plans to Nearly Double Its Hotels to 40

TMG hotels: Talaat Moustafa Group plans 35-40 properties within a decade, up from 20, as first-quarter hotel revenue jumps 21%...

July 14, 2026

Egypt Inflation Cools to 12.2%, but Rates Stay at 19%

Egypt inflation eased to 12.2% in June, a third straight decline, but the central bank held rates at 19% as...

July 13, 2026

Egypt’s Builder Hassan Allam Eyes Gulf and Cairo Listings for Its Units

Hassan Allam is weighing Gulf and Cairo listings for real-estate and infrastructure units, opening a funding channel while the parent...

July 13, 2026

Sawiris Takes Majority Control of OCI as Buyout Nears End

Sawiris OCI takeover: NNS Holding tops 55% of the Amsterdam-listed group as the €4.10-a-share offer, backed by the board, heads...

July 12, 2026

Sawiris Bets Another $10 Million on the Giza Pyramids

Giza pyramids upgrade grows: Naguib Sawiris adds $10 million for 30 electric tourist buses and a 15,000-seat pavilion, taking his...

July 10, 2026

World Cup 2026 Africa Exits After Its Record Run

World Cup 2026 Africa exits after Morocco fall to France, ending a record continental run that sent nine teams to...

July 10, 2026

Abu Dhabi Buys Shell’s South African Network for $1 Billion

ADNOC Distribution will buy Shell’s South African downstream business for about $1 billion — 580 stations and the end of...

July 9, 2026

Latin American Pulse for Thursday, July 9, 2026

Argentina rides a World Cup high while Milei plots a state 'shutdown'; Colombia mourns another penalty exit; Lula fights the...

July 9, 2026