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Category: Economy

By Rian LordIn Economy, NewsPosted May 22, 2026

Hormuz Crisis Turns Egypt’s LNG Terminals Into a Strategic Prize

Egypt's liquefied natural gas (LNG, gas cooled to liquid form for bulk sea shipment) import bill tripled in the first quarter of this year, rising...

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By Rian LordIn Economy, NewsPosted May 20, 2026

Saudi Cabinet Pairs Security Vow With GCC Railway and Eight MoUs

Saudi Arabia's Council of Ministers pledged on Tuesday that the Kingdom will never hesitate to take all measures necessary to protect its security, preserve its...

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By Rian LordIn Economy, NewsPosted May 20, 2026

Egypt and Britain Push Africa Plan as Sudan Truce Slips

Egypt's Foreign Minister Badr Abdelatty sat down with Britain's Baroness Jenny Chapman, the UK Minister of State for International Development and Africa, in London on...

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By Rian LordIn Economy, NewsPosted May 20, 2026

Egypt and Britain Push Africa Plan as Sudan Truce Slips

Egypt's Foreign Minister Badr Abdelatty met Britain's Baroness Jenny Chapman, the UK Minister of State for International Development and Africa, in London on Tuesday with...

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By Noah MillerIn Economy, NewsPosted December 8, 2025

MrBeast’s Saudi Arabia Debut Draws Global Frenzy as 100 Pilots Compete for a Private Jet

MrBeast’s newest YouTube episode — filmed entirely in Saudi Arabia — has already exploded across social platforms, pulling in millions of views within hours and...

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By David SmithIn Economy, NewsPosted December 8, 2025

Amazon Egypt Expands Large-Scale Storage Footprint as Demand Surges and Local Manufacturing Accelerates

Amazon Egypt is expanding its logistics and storage infrastructure at one of the fastest rates since it entered the market, driven by a sharp rise...

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By Noah MillerIn Economy, NewsPosted December 8, 2025

Egyptian Property Developers Turn to Record Cash Discounts as Liquidity Crisis Deepens

Egypt’s real estate sector is witnessing something it has never seen before: cash payment discounts of up to 55% from major developers, far surpassing traditional...

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By Noah MillerIn Economy, NewsPosted December 3, 2025

Malaysian Banks Introduce Goodwill Discounts as Car Loan Rules Shift Under New Hire-Purchase Amendments

Malaysia’s banking industry is preparing to offer goodwill discounts on early car loan settlements as the Hire-Purchase (Amendment) Act moves closer to taking effect in...

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By Noah MillerIn Economy, NewsPosted December 3, 2025

Saudi Arabia Sets 2026 Budget With Planned Deficit as Vision 2030 Push Continues

Saudi Arabia approved its 2026 national budget with a deliberate deficit meant to keep big investments flowing into its economic overhaul, even as softer oil...

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By Ava WilliamsIn Economy, NewsPosted December 3, 2025

OECD Predicts Israel’s Economy Will Bounce Back After Gaza Ceasefire, But Flags Fragile Outlook

Israel’s economy is heading for a rebound next year, the OECD said on Tuesday, projecting stronger growth than local institutions expect — but warning that...

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By Noah MillerIn Economy, NewsPosted November 5, 2025

Jordan Industrial Sector Creates Over 6,000 Jobs in 2025

Jordan's industrial sector has shown strong growth this year, creating more than 6,000 new jobs for locals in the first nine months. This boost comes...

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By Rian LordIn Economy, NewsPosted September 9, 2025

Egypt Secures $18B Red Sea Tourism Project Deal

Egypt has launched a massive tourism project called Marassi Red Sea, with a partnership between local and Gulf developers aiming to build a luxury resort...

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By David SmithIn Economy, NewsPosted September 8, 2025

Egypt and Bahrain Sign 8 Key Deals to Boost Ties

Egypt and Bahrain have signed eight major agreements to strengthen their economic and cultural ties. The deals, witnessed by Egyptian Prime Minister Mostafa Madbouly and...

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By Ava WilliamsIn Economy, NewsPosted August 13, 2025

Standard Chartered Sees Foreign Investments Fueling Egypt’s Economic Surge

Egypt is quietly turning heads in the global economic arena. Thanks largely to foreign investments, the country’s economy is showing signs of real strength despite...

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By Noah MillerIn Economy, NewsPosted August 6, 2025

Egypt’s Chemical Exports Surge to $4.6 Billion in H1 2025, Bolstering Non-Oil Trade

Chemical sector becomes Egypt’s second-largest non-petroleum export, driven by strong growth in plastics, petrochemicals, and glass shipments. Egypt’s chemical industry is on a roll. In...

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By David SmithIn Economy, NewsPosted August 6, 2025

Egypt’s Beaches Are Beautiful — But Most Egyptians Can’t Afford to Step Foot on Them

A once-public coastline is now lined with private gates, luxury resorts, and prices that push ordinary Egyptians out of the picture. A day at the...

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