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

Mukhtar Babayev: Global carbon market has the potential to reach $1 trillion by 2050
Vienna, July 10, AZERTAC Mukhtar Babayev, Representative of the President of Azerbaijan on Climate Issues, addressed a high-level panel titled "From COP29 to COP30" held as part of the 9th OPEC International Seminar in Vienna. Mukhtar Babayev...

Egypt: Cabinet assigns TSFE to study use of 15 vacant buildings
Arab Finance: The Egyptian cabinet has mandated the Sovereign Fund of Egypt (TSFE) to study the transfer of ownership of 15 unoccupied buildings, with the goal of preparing them for utilization and future investment offerings, as per a statement....

Egypt: Burullus brings 2nd well online, adds 40 mcf/d to output
Arab Finance: Burullus Gas Company has brought a second well, Sparrow West-1, into production at a rate of 40 million cubic feet of natural gas per day, according to a statement issued by Egypt’s Ministry of Petroleum and Mineral Resources. The...

Egypt: Madbouly reviews mechanisms for new old rent law implementation
Arab Finance: Prime Minister Mostafa Madbouly held a meeting to review proposed mechanisms for implementing the new rules regulating the old rent law, as per a statement. Madbouly stressed that the government aims to reassure tenants, confirming...

Egypt needs more drinkable water – how windy coastal resorts...
Egypt is facing a growing water crisis due to its arid climate, limited water resources, and rapidly increasing population. The country of 114 million people depends heavily on the longest river in the world, the Nile, for fresh water. But rising...

Egypt: House of Representatives greenlights Centamin's 30-year Sukari gold mine exploitation
Arab Finance: The Egyptian House of Representatives has finally approved the draft law on the exploitation of gold ore and related minerals in the Sukari gold mine, as per a statement. The draft law was submitted by the government to license the...

Egypt FM Warns of Regional Risks from Israeli attacks
Minister of Foreign Affairs, Emigration, and Egyptian Expatriates Badr Abdelatty warned that continued Israeli attacks in Gaza and the West Bank threaten regional stability and the future of the Middle East. During a meeting with Jason Isaacson,...
China ready to optimize trade, expand cooperation with Egypt -- premier
CAIRO, July 10 (Xinhua) -- Chinese Premier Li Qiang said here Thursday that China is willing to work with Egypt to optimize the development of bilateral trade and create more highlights of cooperation as well as new drivers of economic growth. The...

SUGAR MAFIA: Taste or test for corporate regulation in Africa
Kagera Sugar was among the early bidders to take over Tongaat Hulett’s sugar assets SPECIAL FEATURE | THE INDEPENDENT & AGENCIES | When Tongaat Hulett began its journey in Southern Africa, the global sugar industry was shedding off its reliance on...

Ancient Canaanite Donkey Sacrifice Found in Israel Reveals Egyptian Trade Ties
Archaeologists uncover an ancient Canaanite donkey sacrifice in Israel. Credit: Elizabeth R. Arnold / CC BY 4.0 Archaeologists in Israel have uncovered rare evidence of an ancient Canaanite donkey sacrifice ritual that reveals surprising trade...
Egypt's minister, FRA chief discuss fast-tracking Agricultural Takaful Fund to boost farmer protection
Egypt - Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), met with Alaa Farouk, Minister of Agriculture and Land Reclamation, to explore ways to accelerate the implementation of the Agricultural Takaful Fund’s work plans and...

China has intention to deepen its Belt, Road cooperation with Egypt
(MENAFN) Chinese Premier Li Qiang has expressed China’s intention to deepen its Belt and Road cooperation with Egypt, focusing on sectors such as trade, finance, manufacturing, new energy, science and technology, and cultural exchange. In a...

LemFi Launches International Payment Services to Egypt
Free Newsletter Get the hottest Fintech Middle East News once a month in your Inbox LemFi, a London-based international payment services company, has announced the expansion of its operations to Egypt, broadening its service offerings to one of...

World Bank: Morocco remains in lower-middle income bracket as Africa shows uneven growth
Morocco’s Gross National Income per capita reached $3,760 in 2024, keeping the country in the lower-middle-income category, according to the World Bank’s latest income classification report. The figures highlight wide gaps in economic progress...

Avatr signs distribution agreement in Egypt
Avatr Technology Company, the upmarket battery electric vehicle (BEV) manufacturer controlled by Chinese state-owned automaker Changan Automobile Company, has signed a distribution agreement in Egypt with the local Kasrawy Group. Kasrawy Group,...

Russia Seeks Expanding Trade with Africa
(MENAFN) Africa is emerging as a crucial market for Russian exporters, offering substantial untapped opportunities for trade growth and investment, according to the vice president of the Russian Export Center (REC). In her address at the...
Urgent: China to work with Egypt to safeguard int'l trade order -- premier
CAIRO, July 10 (Xinhua) -- Chinese Premier Li Qiang said here Thursday that China is willing to work with Egypt to safeguard economic globalization and international economic and trade order. Both countries should work to defend the common...

Can the Egyptian sweet potato industry maintain its value amid surging volumes?
The 2025/26 season for Egyptian sweet potatoes starts in a few days. The industry has seen a steady increase in volumes in recent years, raising questions about the level of supply it can achieve while maintaining its value. Prices have been an...

Radar sees strange 'plasma bubbles' over the pyramids of Egypt from 5,000 miles away
A remote radar station on China’s Hainan Island has spotted an ionospheric disturbance hovering above the Pyramids of Giza, nearly 5,000 miles to the west. The sighting shows how far equatorial plasma bubble tracking has come, and it hints at new...

Bonn climate talks expose divisions over climate finance and tariffs
Each June, international climate negotiators descend on Bonn in west Germany for a two-week conference at the secretariat of the UN Framework Convention on Climate Change (UNFCCC). Bonn is a mid-year checkpoint for the UN climate governance...