Air Arabia Q1 profit slips as regional disruption bites
Air Arabia posted AED 278 million in Q1 2026 net profit as regional airspace disruption cut capacity, while revenue rose to AED 1.8 billion....
Tag : Egypt
ADNOC Gas posts resilient Q1 profit despite disruption
ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results....
Egypt secures $1 billion World Bank reform support
Egypt gains new World Bank funding to boost private sector jobs, strengthen fiscal stability and support greener growth goals nationwide....
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 official statements. The meeting took place during President El-Sisi’s visit...
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 preserves paintings, carvings and inscriptions spanning thousands of years. The...
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 of a fraternal visit between the two countries, according to...
UAE president welcomes Egypt’s El-Sisi in Abu Dhabi
UAE President Sheikh Mohamed bin Zayed receives Egypt's El-Sisi in Abu Dhabi to strengthen bilateral relations and regional cooperation....
EU confirms macro-financial aid for Egypt and Jordan
EU Parliament approves €4B for Egypt and €500M for Jordan to support reforms and economic stability....
IMF reduces annual borrowing costs for members by 36 percent
The IMF has reduced member borrowing costs by 36%, cutting annual surcharges by $1.2 billion. Five countries, including Argentina and Egypt, will benefit from the new policy starting November 1....
WEF launches digital platform to boost clean energy investments globally
The World Economic Forum launched a platform to boost clean energy investment with 100 solutions from 47 countries, aiming to unlock $1.7 trillion in finance for emerging markets....