Egyptalum to pay dividend in October

Egypt Aluminum Company (Egyptalum) (EGAL) announced the payment date of the EGP 8 per share cash dividend for fiscal year (FY) 2024/2025, according to a filing to the Egyptian Exchange (EGX) on October 2nd. The dividends will be paid on October...

Hot Weather Expected for Egypt on Friday, Cairo 33°C

Fri 03 Oct 2025 | 08:23 AM The Egyptian Meteorological Authority (EMA) predicts hot weather will prevail in most of the country during Friday's daylight hours. Extremely hot weather is also expected to prevail in the South Upper Egypt and South...

Egypt Energy & FIREX Egypt 2025 kicks off on October 14th

Arab Finance: Egypt Energy & FIREX 2025 will take place at the Egypt International Exhibition Centre in Cairo from October 14th to 16th October, as per an emailed press release. As a key step in strengthening Egypt's position in clean energy and...

Egyptalum to pay dividend in October

Egypt Aluminum Company (Egyptalum) (EGAL) announced the payment date of the EGP 8 per share cash dividend for fiscal year (FY) 2024/2025, according to a filing to the Egyptian Exchange (EGX) on October 2nd. The dividends will be paid on October...

Egypt, France renew $4.68mln financial cooperation until 2030

Arab Finance: Egypt and France have renewed their technical and financial cooperation to implement priority projects in Egypt until 2030 at a value of €4 billion , announced Minister of Planning, Economic Development, and International Cooperation...

Egypt's net foreign assets reach $18.2bln end-August: CBE

Arab Finance: Net foreign assets (NFAs) of Egypt’s banking sector amounted to EGP 870.361 billion at the end of August 2025, an annual leap from EGP 473.261 billion, according to the Central Bank of Egypt (CBE). On a monthly basis, NFAs dropped...

Egypt: Perenco North Sinai pens deal to reassign North Sinai Offshore concession

Arab Finance: Perenco North Sinai Petroleum, a subsidiary of Egypt Kuwait Holding, has signed a new agreement with the Ministry of Petroleum and Mineral Resources to reassign the North Sinai Offshore concession, according to a press release. The...

Latest instalment of family saga Ku’damm 77 leads ZDF Studios’ Mipcom slate

Ku’damm 77 is set in the divided Berlin of the Cold War Germany’s ZDF Studios has unveiled a Mipcom slate headlined by family saga Ku’damm 77, which will have a world premiere screening in Cannes, in addition to a slew of other titles spanning...

Sports on TV: Friday, Oct. 3

AUSTRALIAN RULES FOOTBALL (WOMEN’S) FS2 — AFL: Essendon at Melbourne FS2 — AFL: Sydney at North Melbourne FS2 — AFL: Brisbane at Gold Coast FS2 — AFL: Western at Port Adelaide ESPN2 — Formula 1: Practice, Marina Bay Street Circuit, Marina Bay,...

Egypt rules out electricity price hikes until January 2026: Electricity Minister

Arab Finance: Minister of Electricity and Renewable Energy Mahmoud Esmat confirmed that no increases in electricity tariffs will be introduced until January 2026, Al-Arabiya reported. Speaking at the ministerial meeting of the 21st General...

Egypt: FRA-supervised financings total $16.18bln by July 2025

Arab Finance: The total financing granted by entities subject to the Financial Regulatory Authority's (FRA) oversight, including capital market and non-banking financing activities, hit EGP 773 billion during the period from January to July 2025,...

Egypt prepared for massive GERD water discharge, warns of delta flooding

Egyptian Prime Minister Mostafa Madbouly stated that Egypt had prepared its plans to receive the huge volumes of water coming from Ethiopia, anticipating the official opening of the Grand Ethiopian Renaissance Dam (GERD) and the substantial...

Annual Egyptian Festival returns Saturday to Ripon

The annual Egyptian Festival will return this weekend to Ripon, roughly 22 miles away from downtown Stockton. The two-day festival kicks off festivities from 10 a.m. to 9 p.m. on Saturday, Oct. 4, at the St. Mark Coptic Orthodox Church, 315 Orange...

Dar es Salaam, Cairo strengthen defence and security ties

DAR ES SALAAM: TANZANIA and Egypt have reiterated their commitment to strengthening bilateral relations in security and defence matters as part of efforts to address emerging global security challenges. The two countries are uniquely positioned as...

Egypt's central bank slashes interest rates by 100 basis points

Egypt's central bank cut its overnight interest rates by 100 basis points on Thursday, its fourth reduction this year, saying inflationary pressures remain limited even after economic growth accelerated to 5% in the second quarter. The central...

IMF Focuses on Egypt’s Long-Term Strategy, Not Surface-Level Goals, Says Chief

Fri 03 Oct 2025 | 07:54 AM The International Monetary Fund (IMF) is open to Egypt potentially postponing its long-planned sale of state-owned companies to 2026, according to Managing Director Kristalina Georgieva, who emphasized the importance of...

Africa emerges as the next battleground for global hotel brands

Africa’s hospitality sector is entering a period of accelerated growth as international hotel chains expand across the continent, supported by a record development pipeline and rising investor interest. Hilton and Marriott, two of the world’s...

UAE’s Gulftainer mulls $1bln investments in Egypt’s logistics sector

Arab Finance: UAE-based Gulftainer aims to invest $1 billion in Egypt in container terminal management and port logistics services, the Egyptian Commercial Service (ECS) announced. The announcement came during Deputy Prime Minister for Industrial...

Trump the laughing stock: Emmanuel Macron cracks up as Albania and Azerbaijan's leaders mock the US president

By PERKIN AMALARAJ, FOREIGN NEWS REPORTER Published: 03:50 EDT, 3 October 2025 | Updated: 03:54 EDT, 3 October 2025 French president Emmanuel Macron has been seen laughing as the leaders of Albania and Azerbaijan mock US president Donald Trump for...

Here’s why these insects have been spotted in England for the first time

The Cornwall Wildlife Trust said the insects probably blew over (Picture: Getty) A new stick insect has been identified for the first time in mainland England after likely being ‘blown over’ from Europe. Praying mantises, named for their front...