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Category: Business

By Rian LordIn Business, SportsPosted June 29, 2026

The 2026 World Cup Is Reshaping Arab Hospitality Into a Dawn Economy

The 2026 World Cup's punishing kick-off times are turning Arab cafés into a dawn-rush economy. Gulf 'football suhoor' leads, and early-closing rules are capping the...

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By Rian LordIn Business, NewsPosted June 29, 2026

Egypt Cosmetics Market Tops $900M as L’Oréal Anchors MENA Hub

Egypt's cosmetics market passed $900M in 2025 and is projected to reach $1.57B by 2032, powered by youth demand, social media, and L'Oréal's Cairo export...

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By Rian LordIn Business, NewsPosted June 26, 2026

Egypt Targets $6 Billion in Outsourcing Exports This Year

Egypt's IDSC targets $6 billion in outsourcing exports by 2026, up from $5.2B, ranked 7th globally behind India's 93.9% confidence score.

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By Rian LordIn Business, NewsPosted June 23, 2026

Majid Al Futtaim Lands $3.1B Mada City Deal, Its First Egypt Housing

Majid Al Futtaim's $3.1B Mada City deal with MIDAR adds roughly 6,000 residential units to New Cairo, marking its first housing play in Egypt in...

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By Rian LordIn Business, NewsPosted June 16, 2026

Misr Italia’s 21-Hotel, 3,214-Room Bet on Egypt by 2032

Misr Italia Properties plans to open 21 hotels and 3,214 rooms across Egypt by 2032, joining a national hotel build-out chasing 30 million tourists annually.

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By Rian LordIn Business, NewsPosted June 16, 2026

Egyptian Maintenance Company Wins €46M Jordan Gas Turbine Deal

EMC has won a 10-year, €46M contract to maintain two Siemens gas turbines at Arab Potash's Jordan plant, beating major multinational rivals.

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By Rian LordIn Business, NewsPosted June 16, 2026

Saudi Arabia, South Korea Sign Oil MoU Tied to a Closed Hormuz

South Korea and Saudi Arabia signed an oil MoU in Riyadh adding Saudi crude storage in Korea's Strategic Petroleum Reserve, a hedge against a closed...

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By Rian LordIn Business, NewsPosted June 16, 2026

ISSF Puts $7M Into Endeavor Catalyst V to Plug Jordan Into Global VC

ISSF commits $7M to Endeavor Catalyst V, opening Jordan's startups to a $300M global fund. Fund II launches after a World Bank Highly Satisfactory rating.

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By Rian LordIn Business, NewsPosted June 15, 2026

Saudi-Korea Energy Partnership Adds AI and Storage to Its Mandate

South Korea and Saudi Arabia signed a Riyadh energy MoU on June 14 covering crude, storage, AI, and pipelines, with Seoul pivoting to the Red...

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By Rian LordIn Business, NewsPosted June 15, 2026

Al Aliaa Developments to Invest EGP 100bn in Egypt Over Two Years

Al Aliaa Developments enters Egypt with an EGP 100bn plan over two years, launching AI Tower in the New Capital, billed as Africa's first AI-managed...

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By Rian LordIn Business, NewsPosted June 11, 2026

Hassan Allam Holding Unveils Grova EastHills in East Cairo

Hassan Allam Holding's Grova Developments launched Grova EastHills, a 300+ acre single-family community on AUC Avenue in East Cairo with 45% open space.

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By Rian LordIn Business, NewsPosted June 11, 2026

Saudi Arabia’s E-Commerce Boom Puts Back-End Systems on Trial

Saudi Arabia's e-commerce market will climb from $31.29B in 2026 to $54.87B by 2031, YRC's outlook argues, with the readiness gap deciding who keeps margin.

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By Rian LordIn Business, NewsPosted June 10, 2026

Egypt Presses KPC on Investment as a Production Gap Bites

Egypt's KPC cooperation is at the centre of a wider push to fund Mediterranean, Red Sea, and Western Desert energy projects as domestic gas output...

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By Rian LordIn Business, TechnologyPosted June 10, 2026

Indra to Run Qiddiya Bus Network Alongside Alsa in Saudi Arabia

Indra will deploy its smart mobility platform to manage 156 buses, 126 electric, for the Alsa-Hafil consortium at Saudi's Qiddiya entertainment megaproject.

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By Rian LordIn Business, NewsPosted June 10, 2026

Egypt’s Sinai Offshore Oil Hits 9-Year High as Deficit Persists

Egypt's Sinai offshore fields post their highest daily oil output since 2017, yet a 100,000 bpd refining shortfall and a $21B import bill limit the...

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By Rian LordIn Business, NewsPosted June 10, 2026

AD Ports Begins Trial Operations at Egypt’s Safaga Terminal

AD Ports has begun trial operations at its $200M Noatum Ports - Safaga Terminal on Egypt's Red Sea, the first internationally operated port in Upper...

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