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Category: Business

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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By Rian LordIn Business, NewsPosted June 10, 2026

Safaga 2 Multipurpose Terminal Begins Trial Operations

AD Ports Group has begun trial operations at Safaga 2 multipurpose terminal in Egypt, a $200 million bet with full commissioning expected in 2026.

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By Rian LordIn Business, NewsPosted June 10, 2026

Alcazar Energy Buys 580MW Gabal El Zeit Wind Farm for $420M

Alcazar Energy signed a $420 million deal to take over the 580MW Gabal El Zeit wind farm in Egypt, the first renewable power asset under...

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By Rian LordIn Business, NewsPosted June 5, 2026

Riyadh Rolls Out Staggered Work Hours as Gulf Activates Summer Bans

Riyadh's staggered working hours initiative launched June 2 across six districts as Qatar, Kuwait and Bahrain activated outdoor work bans the same week.

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By Rian LordIn Business, NewsPosted June 2, 2026

Super Micro’s Xeon 6+ Servers Arrive as Stock Outruns Targets

Super Micro Computer rolled out 12 new server platforms built on Intel's Xeon 6+ processors at Computex this week, packing up to 576 efficiency cores...

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By Rian LordIn Business, NewsPosted June 1, 2026

Al Ramz Buys Out Riyadh Fund to Take Full Control of Qurtuba 2

Al Ramz Real Estate Company has agreed to buy out the rest of a Riyadh property fund, lifting its stake in the vehicle that owns...

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By Rian LordIn Business, NewsPosted June 1, 2026

Tel Aviv Developer Bets NIS 24.5m on Teardown Lot’s Rights

Three small, decaying houses on a single stretch of Bar Kokhba Street in central Tel Aviv have changed hands for NIS 24.5 million (the Israeli...

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By Rian LordIn Business, NewsPosted May 27, 2026

Strohm Books First Egypt Flowline as Burullus Drops Steel for Composite

Strohm has booked its first Egyptian order, a 2,000-metre carbon-fibre flowline that will replace a steel line on one of Burullus Gas Company's deepwater developments...

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By Rian LordIn Business, NewsPosted May 23, 2026

Egypt Cypriot Gas Deal Puts Cairo in the Middle

Egypt Cypriot gas exports moved a step closer this week after QatarEnergy, Qatar's state energy company, ExxonMobil, the US oil and gas major, and Egypt...

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By David SmithIn Business, NewsPosted May 18, 2026

Booking.com Rents Homes on Occupied Palestinian Land

One of the world's most visited travel platforms is letting tourists book stays in Israeli settlements built on occupied Palestinian land. A damning new report...

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By Noah MillerIn Business, NewsPosted May 18, 2026

American Airlines Won’t Return to Tel Aviv Until 2027

American Airlines just dropped a major bombshell for travelers. The airline confirmed it will not fly to Tel Aviv until January 2027, marking more than...

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By David SmithIn Business, NewsPosted May 18, 2026

Egypt Turns Desert Into Farmland With $15bn Mega Push

Egypt just made history in the desert. On May 17, 2026, President Abdel Fattah El-Sisi inaugurated the New Delta project, a $15 billion megaproject aimed...

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By Noah MillerIn Business, NewsPosted May 16, 2026

Riyadh Air Opens Nawat Programme To Hire Thousands Of Saudis

Riyadh Air has rolled out its ambitious Nawat Cabin Crew Programme, a national hiring drive aimed at putting thousands of young Saudis into the skies...

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By Rian LordIn Business, NewsPosted May 15, 2026

Jordan Signs $1.1bn Green Ammonia Deal to Boost Growth

Jordan has sealed a landmark $1.1 billion green ammonia deal with a Polish-Emirati consortium, planting its flag in the global hydrogen economy. The 45-year agreement,...

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By Noah MillerIn Business, NewsPosted May 15, 2026

Saudi Arabia Hit Iran With Secret Air Strikes, Reuters Reveals

Saudi Arabia secretly bombed targets inside Iran during the late March peak of the regional war, marking the kingdom's first ever direct military action on...

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