Latest Briefs - Page 3
67 articles
Egypt's Top 10 Developers Reach EGP 670bn in H1 2026 Sales
Egypt's leading real estate developers posted EGP 670bn in combined sales for H1 2026, a 2.9% increase year-on-year, even as unit sales declined, highlighting the impact of rising property prices on the market.
Egypt to Launch Major Upgrade of Agricultural Drainage Networks
Egypt is preparing a national programme to construct, rehabilitate and replace subsurface drainage networks across 1.4 million feddans, aiming to modernise water management and support agricultural productivity through digital systems.
Atef Abdel Latif: Cinema and Tourism as Egypt's Soft Power
Dr. Atef Abdel Latif, with over 40 years in tourism, media, and film, argues that integrating cinema and tourism can project Egypt's authentic image globally, drive economic growth, and position the country as a premier destination for both visitors and international productions.
Forbes International Tower in Egypt Sets 2030 Net-Zero Carbon Target
The planned Forbes International Tower in Egypt's New Administrative Capital aims to achieve net-zero carbon emissions by 2030 and secure LEED Platinum certification, positioning the project as a regional model for sustainable urban development.
Egypt's Central Bank Expected to Hold Rates as Inflation Rises
The Central Bank of Egypt is widely expected to keep its key interest rates unchanged for a fourth consecutive meeting, as policymakers weigh persistent inflationary pressures and a resilient external position amid regional uncertainties.
Egypt launches $658m phosphoric acid complex to boost mining exports
Egypt has begun construction of a $658m phosphoric acid complex in the New Valley Governorate, aiming to process local phosphate ore for export and generate foreign currency. The project marks a shift toward higher-value mineral processing.
Egypt issues regulatory framework for short selling on EGX
Egypt's Financial Regulatory Authority has approved a comprehensive framework for short selling on the Egyptian Exchange, introducing new risk controls and operational requirements as part of broader capital market reforms.
Libya Suspends 27 Companies Over Foreign Trade Compliance Review
Libya's Ministry of Economy and Trade has halted the commercial activities of 27 companies as it investigates their adherence to foreign trade regulations on letters of credit, affecting over $146 million in import financing and signaling tighter oversight.
Water Restored to Tripoli After Man-Made River Outage
The Man-Made River Authority has resumed water flow to Tripoli and surrounding areas after a nationwide power outage halted pumping operations, temporarily cutting off supply to millions and emptying key pipelines.
Spain-Libya Trade Surges in First Half of 2026
Trade between Spain and Libya expanded sharply in the first six months of 2026, with Spanish exports to Libya more than doubling and Libyan imports to Spain rising by two-thirds, reflecting deepening economic ties.
AGOCO and Baker Hughes Discuss Expanding Oilfield Technology Cooperation
Libya's Arabian Gulf Oil Company is exploring deeper collaboration with Baker Hughes to enhance oilfield services and deploy advanced digital technologies, aiming to strengthen operational capacity and technical standards in the Libyan energy sector.
Libya Unveils National Formulary to Overhaul Drug Supply System
Libya's Medical Supply Organisation has introduced the Libyan National Formulary, establishing a unified list of approved prescription medicines. The move aims to strengthen drug security and modernise the country's pharmaceutical management.
Chinese Nantong Construction to Finance Industrial Projects in Libya
Chinese Nantong Construction Company has signaled readiness to finance multiple investment and industrial projects in Libya, following discussions with the Ministry of Housing and Reconstruction. The move could accelerate Libya's industrial recovery and deepen Sino-Libyan cooperation.
Tripoli Airport Road Reopens After Major Maintenance Works
Tripoli's main Airport Road has reopened following extensive repairs, restoring a key transport link and raising expectations for the imminent reopening of Tripoli International Airport, a move seen as vital for Libya's connectivity and economic recovery.
Libyan PM Orders Emergency Measures to Stabilise Power and Fuel Supply
Libyan Prime Minister Abdel Hamid Aldabaiba has directed urgent coordination between the National Oil Corporation and the electricity company to address severe power cuts and fuel shortages, aiming to restore supply stability after a summer of unrest.
Libya and France Advance Talks on Political Process and Direct Flights
Libyan Prime Minister Abdel Hamid Aldabaiba met France's Special Envoy to discuss political developments and confirm plans to resume direct flights between Libya and France by September, signalling renewed bilateral engagement and potential economic impact.
Algeria to Launch Major Public Sector Recruitment Drive in 2026
Algeria's Ministry of Solidarity, Family and Women's Affairs will open nearly 700 permanent positions in September 2026, aiming to strengthen public service delivery and operational capacity nationwide.
Police in Blida Arrest Two over Viral Assault Video and Online Threats
Algerian police in Blida have detained two suspects in separate cases after a viral video of a bus station assault and a series of online death threats targeting local officials. The cases highlight the growing use of digital evidence in law enforcement.
Portugal, Italy and Greece Lead EU Golden Visa Rankings for 2026
A new study places Portugal, Italy and Greece among the top five global destinations for high-net-worth individuals seeking residence, highlighting their appeal for investors and families amid shifting EU migration and investment policies.
Algeria Targets 20,000 Investment Projects by 2029 in New Government Plan
Algeria's government has set a goal to enable 20,000 investment projects by 2029, anchored by a nationwide survey of available economic land and a five-pillar strategy to unlock and develop key sites.
Page 3 of 4