Read the latest news from regional and global sources, presenting different voices and perspectives.
Egypt: Misr Beni Suef Cement generates $19.7mln consolidated profits in H1 2025
Zawya
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Arab Finance: Misr Beni Suef Cement Company logged consolidated net profit attributable to the parent company valued at EGP 952.804 million in the first half (H1) of 2025, according to the financial results. The sales amounted to EGP 2.667 billion...
Egypt: EGX launches its 1st mobile app with real-time market updates
Zawya
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Arab Finance: The Egyptian Exchange (EGX) has launched its first mobile application in a pilot version to enhance transparency and improve communication in the market, the bourse said in a statement. The new app provides users with real-time...
34 Indian students selected for Sakura Science Programme 2025 in Japan
Silicon India
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34 Indian students selected for the 2025 Japan-Asia Youth Exchange in Science (Sakura Science Programme) from August 17-23. Delegation includes 13 boys, 21 girls, and 3 supervisors from government schools across multiple states and RIE demo...
Egypt: EKH’s revenues surge 32% YoY in H1 2025; consolidated profits hit $90.36mln
Zawya
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Arab Finance: Egyptian Kuwaiti Holding (EKH) posted higher consolidated net profits attributable to the owners at $90.364 million in the first half (H1) of 2025, the financial results showed. The recorded earnings were compared with $90.114...
Egypt, Japan discuss economic cooperation ahead of TICAD conference in Cairo
Zawya
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Arab Finance: Egyptian Minister of Planning and Economic Development, and International Cooperation, Rania Al-Mashat met in Cairo with Fumio Iwai, Japan’s ambassador to Egypt, and Ebisawa Yu, chief representative of the Japan International...
Egypt: Arabian Cement registers 305.5% higher consolidated profits in H1 2025
Zawya
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Arab Finance: Arabian Cement Company posted an annual leap of 305.54% in consolidated net profit after tax to EGP 1.405 billion during the first half (H1) of 2025, compared to EGP 346.575 million, according to the financial results. Sales...
Egypt: GB Corp's consolidated profits surge 59.6% YoY in H1 2025
Zawya
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Arab Finance: GB Corp recorded 59.6% year-on-year (YoY) higher consolidated net profits after tax and minority interest at EGP 1.672 billion in the first half (H1) of 2025, versus EGP 1.048 billion, the financial results showed. Total sales...
Egypt: MTI’s consolidated profits leap 25.83% YoY in H1 2025
Zawya
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Arab Finance: The consolidated net profits attributable to the owners of MM Group for Industry and International Trade (MTI) jumped by 25.83% year-on-year in the first half (H1) of 2025, according to the financial results. The group generated net...
Egypt: Heliopolis Housing and Development sees 54.21% YoY lower profits in H1 2025
Zawya
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Arab Finance: Heliopolis Housing and Development posted 54.21% lower net profits at EGP 640.291 million in the first half (H1) of 2025, compared to EGP 1.398 billion in H1 2024, as per the financial results. Basic and diluted earnings per share...
Egypt: GAFI to begin operating 4 new public free zones by end of 2026
Zawya
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Arab Finance: The General Authority for Investment and Free Zones (GAFI) will begin operating four new public free zones by the end of 2026, according to CEO Hossam Heiba. The announcement followed an expanded meeting between GAFI and investors in...
Egypt: B Investments Holding’s consolidated profits shrink 73.25% YoY in H1 2025
Zawya
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Arab Finance: B Investments Holding logged 73.25% lower consolidated net profits attributable to the shareholders at EGP 340.491 million in the first half (H1) of 2025, compared to EGP 1.144 billion in H1 2024, according to the financial results....
Science AFP Geological report taken out of context to claim that new ocean has emerged in East Africa
Yahoo News
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Last May, a US magazine reported on a geological change taking place in Africa that could be very slowly splitting the continent apart. A video post recently circulating on Facebook uses a screenshot from the report to claim that a new ocean has...
Egypt: Raya Holding registers 36.3% hike in H1 2025 consolidated profits
Zawya
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Arab Finance: Raya Holding for Financial Investments generated consolidated net profits attributable to the holding company worth EGP 892.043 million in the first half (H1) of 2025, an annual growth of 36.30% from EGP 654.433 million, the...
Egypt’s oil output falls to lowest level in 4 decades
Zawya
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Arab Finance: Egypt’s oil production fell to its lowest level since the early 1980s, dropping to 513,000 barrels per day (bbl/d) in the second quarter (Q2) of 2025, according to a report by the Middle East Economic Survey (Mees), citing Oil...
Egypt: ICON’s consolidated profits drop 31.64% YoY in H1 2025
Zawya
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Arab Finance: Industrial Engineering Company for Construction and Development (ICON) logged consolidated net profits attributable to the parent company amounting to EGP 355.188 million, according to the financial results. The recorded net profits...
Egypt: Acrow Misr’s consolidated profits fall 14.7% in H1 2025
Zawya
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Arab Finance: Acrow Misr for Scaffolding and Formwork logged consolidated net profits after tax valued at EGP 476.133 million in the first half (H1) of 2025, an annual drop of 14.72% from EGP 558.376 million, the financials showed. Revenue from...
Egypt: Gogreen’s profits fall 54% YoY in H1 2025
Zawya
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Arab Finance: Gogreen for Agricultural Investment registered net profits after tax valued at EGP 17 million in the first half (H1) of 2025, an annual drop of 54.03% from EGP 36.994 million, as per the financial results. Revenues also shrank to EGP...
Egypt: Sinai Cement records 18% leap in H1 2025 consolidated profits
Zawya
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Arab Finance: Sinai Cement Company posted 18.03% year-on-year (YoY) higher consolidated net profits attributable to the holding company at EGP 768.817 million in the first half (H1) of 2025, the financial indicators revealed. The generated...
Egypt’s Ahmed Moussa Calls for Release of GEM Museum Ad Producer
Egyptian Streets
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August 18, 2025
On Friday, 15 August, Abdelrahman Khaled, a young video creator, was detained for creating and circulating a promotional advertisement of the Grand Egyptian Museum (GEM) without having the intellectual property rights. The video generated...
Egyptian Railways Launches Fifth Special Train to Facilitate Voluntary Return of Sudanese
Sada Elbalad
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August 18, 2025
Mon 18 Aug 2025 | 02:34 AM The Egyptian National Railways launched its fifth special train today, aimed at facilitating the voluntary return of Sudanese nationals residing in Egypt. This initiative seeks to provide comprehensive support and ensure...