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Egypt Signs $220m Deal for Solar Energy Complex in SCZONE

Egypt signed a $220m agreement for a solar energy complex in SCZONE, partnering with global investors to produce solar cells, panels, and storage systems, strengthening Egypt’s green economy while targeting exports and local market growth

Famine Declared in Gaza as Over Half a Million Starve

The Integrated Food Security Phase Classification confirms famine in Gaza, where starvation, acute malnutrition, and preventable deaths are surging. UN agencies warn that without a ceasefire and aid, conditions will worsen dramatically
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Suez Canal Revenues Plunge by 60%, Exacerbating Egypt’s Economic Crisis

The canal, which accounts for 12% of global trade and is a key pillar of Egypt’s struggling economy, has been heavily affected by the ongoing war between Israel and Gaza, as well as a series of attacks by Yemen's Houthi rebels

Dubai Metro’s Blue Line Set to Revolutionize City’s Public Transport by 2029

The Blue Line, featuring 14 strategically located stations, is designed to alleviate traffic in key areas of Dubai, with the RTA estimating a 20% reduction in traffic congestion once it begins operations. The line will serve five major hubs, ensuring efficient connectivity across the city

Samsung C&T Secures $2.84 Billion EPC Contract for Major Desalination and Power Plant Project in Qatar

The project, set to be completed by 2029, will significantly contribute to Qatar's infrastructure, meeting 16% of the country's electricity demand and 17% of its desalinated water needs

Egypt Inaugurates Egyptian-Italian ‘Ro-Ro’ Shipping Line to Boost Trade and Economic Ties

Previously, goods transported between the two ports took six days to reach their destination via traditional shipping routes. With the new Ro-Ro line, this time has been reduced to just 2.5 days, offering a considerable advantage in trade efficiency

Bahrain: Gulf Air Flight GF5 Delayed 25 Hours Due To Engine Failure

Flight GF5, a regular service between Bahrain and Manchester, was being operated by the Boeing 787-9 Dreamliner, registered A9C-FB. This aircraft, delivered to Gulf Air in June 2018, is part of the airline's fleet of ten Boeing 787-9s

UAE Surpasses UK to Become World’s Second-Largest Gold Trade Hub

According to the latest report by the Dubai Multi Commodities Centre (DMCC), titled "Trade, Technology and Markets in Transition," the UAE surpassed the United Kingdom in 2023 to become the world’s second-largest gold trading hub

Germany Approves Turkey’s Purchase of 40 Eurofighter Typhoon Jets, Strengthening Regional Defense

The Eurofighter Typhoon, a state-of-the-art multi-role fighter jet developed by a consortium consisting of Germany, Spain, Italy, and Britain, boasts advanced capabilities in both air-to-air and air-to-surface combat, making it a crucial asset for Turkey’s evolving military needs

Suez Canal Welcomes Historic Crossing of Giant DOURADO Barge Following Expansion

Spanning 90 meters wide, the barge represents a milestone in the Egyptian waterway’s capabilities, a feat made possible by recent expansion efforts, according to SCA Chairman Osama Rabie

21,000 Worker Deaths Raise Alarms Over Saudi Vision 2030 Project

Human rights advocates and worker advocacy groups are voicing serious concerns over labor conditions, raising questions about the safety and treatment of the thousands of foreign workers who power Saudi Arabia’s construction boom

Iranian Revolutionary Guard Seizes UAE-Managed Tanker in Fuel Smuggling Operation

The IRGC Navy confirmed the seizure, stating that the tanker had been systematically involved in fuel smuggling. According to a statement from Iran’s state news agency, the vessel was apprehended based on a judicial order and was reportedly engaged in illegal fuel activities

Surge in Foreign Workers in Egypt’s Private Sector Signals Economic Growth and Diversity

The report reveals that the number of foreign workers climbed to 17,357, up from 13,331 in 2022. This surge underscores Egypt's attractiveness as a destination for international talent, driven by opportunities in diverse industries ranging from manufacturing to hospitality

Red Sea Tensions Flare as Houthis Cripple Greek Cargo Ship in Missile Attack

The United Kingdom Maritime Trade Operations (UKMTO) confirmed the ship sustained a breach, allowing water into the engine room, causing loss of control. Initial reports suggest a smaller vessel rammed the Tutor's rear before an "unknown projectile" struck it from the air

Latest articles

Egypt Signs $220m Deal for Solar Energy Complex in SCZONE

Egypt signed a $220m agreement for a solar energy complex in SCZONE, partnering with global investors to produce solar cells, panels, and storage systems, strengthening Egypt’s green economy while targeting exports and local market growth

Famine Declared in Gaza as Over Half a Million Starve

The Integrated Food Security Phase Classification confirms famine in Gaza, where starvation, acute malnutrition, and preventable deaths are surging. UN agencies warn that without a ceasefire and aid, conditions will worsen dramatically

Iran and European Powers to Resume Nuclear Talks in Geneva Tuesday

Deputy foreign ministers from Iran, Britain, France, Germany, and the European Union will convene in Geneva on Tuesday, seeking progress in reviving the 2015 nuclear agreement amid growing regional tensions and Western concerns over uranium enrichment

Dubai Metro Blue Line to Transform Travel with Futuristic Design

The newly unveiled Dubai Metro Blue Line will connect vital hubs, reduce congestion, and deliver futuristic design features including the world’s highest station, marking a major milestone in the emirate’s journey towards a sustainable 2040 urban mobility master plan

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