Qatar has admitted that an opportunity to resolve the crisis with its Gulf neighbours and Egypt has been missed.
Speaking at the Munich Security Conference last Saturday, Qatari Foreign Minister Mohamed Bin Abdulrahman Al-Thani said that (...)
A member of the Algerian military was killed in a car-bomb in the south of the country close to the border with Mali last weekend. While it was not clear which terrorist group was responsible for the attack, the triangle of southern Algeria, (...)
An Israeli cabinet meeting on Sunday to approve the annexation of settlements in the Occupied West Bank and Jordan Valley was cancelled at the last minute after reports suggested that the US administration had put the brakes on Israeli Prime (...)
Central Bank of Egypt's (CBE) seeks to renew its initiative to support small- and medium-sized enterprises (SMEs) for another four years, according to governor Tarek Amer.
Speaking to DMC, Amer added that CBE is currently studying the SMEs porfolio (...)
US President Donald Trump looked very euphoric while announcing his long-awaited Middle East peace plan. Trump has been discussing the details with Israeli leaders for at least 24 hours before the announcement.
Israeli Prime Minister Benjamin (...)
The demonstrations in Iran over the last few days have not only been in protest at the regime's cover-up of the shooting down of a Ukrainian airliner over Tehran earlier this year, but also out of anger against the dire situation the country is (...)
Hopes of a breakthrough in the crisis over Qatar faded after the Gulf Cooperation Council (GCC) Summit meeting in Riyadh last week, even if the overture provided an opportunity for Doha to reiterate its position and return to its traditional (...)
There was business as usual at the 40th Summit of the Gulf Cooperation Council (GCC) in the Saudi capital Riyadh this week, where anticipation had been high about a reconciliation between the GCC member countries and Qatar.
However, such hopes were (...)
The Ministry of Public Enterprise Sector announced the completion of the Middle East and North Africa's largest information technology tender for the digital transformation of the ministry's subsidiaries. SAP and Microsoft won the tender to manage (...)
An unprecedented increase in terrorist attacks in Africa in recent months has coincided with warnings from various intelligence agencies that terrorists in Syria and Iraq are regrouping.
Earlier this month, a US state department report noted the (...)
By the middle of this week, the Iranian authorities in Tehran had declared that the major protests against rising fuel prices that have been sweeping the country were “almost calm, though some insurgents remain”.
Yet, these protests differ from the (...)
The war in Yemen is poised to end by year's end, or so many Gulf and Western analysts are saying.
Some would even go further and anticipate that the end of the war in Yemen could pave the way to negotiations with Iran to conclude a comprehensive (...)
Banque Misr, Egypt's second largest bank, will expand its banking presence in 15 new markets across Africa, its chairman Mohamed Eletreby told Amwal Al Ghad on Tuesday.
"We have obtained the Central Bank of Egypt's approval to open a BM branch in (...)
It was confirmed this week by the Iranian media, quoting a Foreign Ministry spokesman, that Iranian President Hassan Rouhani has sent letters to the leaders of the Gulf Cooperation Council (GCC) countries and Iraq, officially proposing plans (...)
The announcement by the Coalition to Support Legitimacy in Yemen over the weekend about “repositioning” its forces in Aden to be under Saudi command is being seen as a preliminary overture to a long-negotiated deal between coalition local partners (...)
Official reaction of Gulf States to popular protests in Lebanon has so far been confined to evacuating their nationals from the country. For some, like UAE, the move came just a few days after lifting restrictions on their citizens visiting Lebanon. (...)
The OPEC Fund for International Development (OFID) secured $165m in financing for the Egyptian market from January to the end of June. Saud Al-Rajhi, a member of OPEC's private sector finance and trade department, said the first half funds included (...)
This morning, the ministry of public enterprise sector launched the Gosour application to facilitate trade in Africa.
The Minister of Public Enterprise Sector, Hesham Tawfik, said during his speech at the ‘Gosour for International Trade in Eastern (...)
Egypt's infrastructure contractor Kharafi National has submitted an offer to build a $25 million power plant in Ghana, said a senior official in the company on Tuesday.
"The company is responsible for executing the engineering works and running the (...)
The second attack on oil tankers in the Gulf in a month last week has been leading to more pressure from the United States on Iran to stop its aggression in the region, according to western and Arab Gulf sources.
Saudi Arabia joined the US in (...)
Omani Foreign Minister Yusuf bin Alawi visited the Iranian capital Tehran on Monday, two days after a telephone call between US Secretary of State Mike Pompeo and sultan Qaboos of Oman.
The Omani minister met his Iranian counterpart and government (...)
Omani Foreign Minister Yusuf bin Alawi visited the Iranian capital Tehran on Monday, two days after a telephone call between US Secretary of State Mike Pompeo and sultan Qaboos of Oman.
The Omani minister met his Iranian counterpart and government (...)
Egypt's auto industry is hoping for a breakthrough after experiencing recession since late 2018, even after applying the last phase of the EU-Egypt Free Trade Agreement (FTA) that removed tariffs completely on cars of European origin from the (...)
It seems that car market in Egypt, whether new or second-hand, is sufficiently broken, so new decisions or fees barely have an impact. The people have already boycotted the market so the decision of the Transport Minister imposing notary fees on (...)
Hany Kesis, former chairperson of Egyptian-American Business Council, said that a number of Egyptian companies began negotiations with international e-commerce company Amazon to distribute its products.
He told Daily News Egypt that the negotiations (...)
