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The Latest Breaking News from Egypt

Egyptian scholar at Assam university develops biodiesel from food waste

Khalifa Said H. Eldeihy worked on residual food items such as soybean cooking oil waste and leaves of radish and sweet potato

The Hindu

Saudi PIF Acquires Stakes in 4 Egyptian Companies Worth $1.3b

The Saudi Egyptian Investment Company (SEIC), owned by Saudi Arabia's state-owned Public Investment Fund (PIF), has bought minority stakes in four Egyptian companies for $1.3 billion, Egypt's planning ministry said on Wednesday. The companies are Abu Qir Fertizilers and Chemical Industries, Misr Fertilizers Production Company, Alexandria Container and Cargo Handling,…

Asharq Al-Awsat

3 Penny Stocks to Buy Now at a Massive Discount

Strong job market and a slight decline in July inflation reading have raised investor optimism in the market. However, inflation still remains elevated, and the positive economic data might encourage the Fed to consider aggressive rate hikes. Since these factors are expected to keep the market volatile, it could be…

StockNews.com

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Egypt’s Annual Urban Consumer Inflation Rises to 13.6% in July

Egypt's annual urban consumer inflation accelerated to 13.6% year-on-year in July from 13.2% in June, data from the country's statistics agency CAPMAS showed on Wednesday. Month on month, headline inflation increased by 1.3%, compared to a 0.1% decrease in June. Among the biggest annual price increases were food and beverages…

Asharq Al-Awsat

Egypt Adopts Measures to Rationalize Electricity Consumption

Egypt is seeking to increase its hard currency revenues, as a result of the rise in interest rates on the dollar. Egypt’s financing needs are increasing despite record revenues achieved from the Suez Canal Authority, which reached USD 7 billion in the last fiscal year, remittances from Egyptians abroad that…

Asharq Al-Awsat

Spanish Scientist Suggests Ancient Egyptians Chewed Narcotic Plants

A Spanish researcher suggested that ancient Egyptians chewed narcotic plants after spotting sexual dimorphism in ancient Egyptian skulls unearthed at the Montuemhat necropolis (TT34), in the Assasif region, in Luxor (southern Egypt). Sexual dimorphism is the systematic difference in form between individuals of different sex in the same species. Researcher…

Asharq Al-Awsat

Emir of Qatar, Egypt’s Sisi Discuss Latest Developments

Emir of Qatar Sheikh Tamim bin Hamad Al Thani telephoned on Tuesday Egypt’s President Abdel Fattah al-Sisi. The talks tackled the bilateral relations between their countries and ways to bolster them. They also addressed the latest regional and international developments, especially those taking place in the Palestinian Gaza Strip.

Asharq Al-Awsat

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Egypt Seeks to Contain ‘Truce’ Violations in Palestine

Egypt has sought to contain attempts to breach the truce it had brokered between Tel Aviv and the Islamic Jihad, amid continued Israeli operations targeting leaders of Palestinian resistance factions, the most recent of which was in Nablus. Egyptian President Abdel Fattah al-Sisi received a telephone call on Tuesday from…

Asharq Al-Awsat

Food Bites: MasterChef fave Steph de Sousa's recipe videos find fans on TikTok

"I'm good at creating a recipe out of my head - I mean, I'm 49 and I've been cooking a long time, so I've got that instinctive cooking ability now." Plus, Aroma returns to Maitland, Kings Valley Egyptian is coming to Hamilton, and more foodie news.

Newcastle Herald

Family's 'holiday from hell' saw them stay in Egypt hotel with 'faeces on the floor'

Mum-of-two Gemma Gray claimed her children were so unhappy that they asked if they could go home after just five days of the 10-day trip in Sharm El-Sheikh last month

Daily Mirror

Gaza violence of "grave concern": India calls for resumption of Israel-Palestine dialogue

India’s Permanent Representative to the U.N. Ambassador Ruchira Kamboj said the latest cycle has, once again, caused immense suffering and resulted in the loss of precious civilian lives

The Hindu

Palestinian Islamic Jihad Says No Ceasefire If Members Not Freed

The Secretary-General of the Palestinian Islamic Jihad (PIJ) movement, Ziyad Al-Nakhalah, warned that if Israel does not abide by what was agreed upon, which includes the sole condition of releasing prisoners Khalil Al-Awawdeh and Bassam Al-Saadi, the movement will resume the fighting. After three days of aggression against the Gaza…

Asharq Al-Awsat

Ethiopia Storing 7 Billion Cubic Meters of Nile Waters

Ethiopia has stored around 7 billion cubic meters of water since starting the third round of water collection from the Grand Ethiopian Renaissance Dam (GERD). Addis Ababa began building the GERD on the Blue Nile River in 2011, raising tension with the downstream states, Egypt and Sudan. Abbas Sharaki, Egyptian…

Asharq Al-Awsat

Apache Seeks to Pump New Investments in Egypt

US corporation Apache is scheduled to pump more investments in its concession areas in the Western Desert, announced Egypt's Petroleum and Mineral Resources Ministry. The move aims to improve the productivity of aging wells, intensify research and exploration activities and make new discoveries in light of the significant results of…

Asharq Al-Awsat

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Asharq Al-Awsat

Egypt, World Bank Discuss Activating Food Security Agreement

Cairo is discussing with the World Bank a $500 million development funding deal, which is meant to boost Egypt’s efforts to help achieve food security and to strengthen the Egyptian economy to confront the repercussions of the Russia-Ukraine war. Minister of International Cooperation Rania Al-Mashat and Minister of Supply Ali…

Reuters

Israel re-opens Gaza crossings as truce with Palestinians holds

Israel reopened border crossings into Gaza on Monday following an Egyptian-brokered ceasefire with the militant Islamic Jihad group that ended the bloodiest escalation of fighting around the volatile Palestinian enclave in more than a year.

Asharq Al-Awsat

60 Trucks Enter Gaza as Israel Crossing Reopens

Up to 60 trucks entered Gaza on Monday as an Egypt-brokered truce between Israel and Islamic Jihad militants in the Palestinian enclave held. The trucks passed from Israel through the Kerem Shalom goods crossing to southern Gaza, an AFP journalist said, hours after a ceasefire deal came into effect ending…

Asharq Al-Awsat

Israel, Islamic Jihad Declare Truce in Gaza After Three Days of Bloody Clashes

Islamic Jihad Movement and Israel agreed on the terms of the Egyptian-brokered truce Sunday, after three days of heavy fighting that left 41 Palestinians dead. Senior Islamic Jihad member Mohammad al-Hindi said in a statement that the "wording" of the Egyptian truce agreement was reached, including Egypt's commitment to work…

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Radio France Internationale

Gaza truce between Israel and Islamic Jihad 'fragile' but holding

An Egypt-brokered truce between Israel and Islamic Jihad militants in Gaza appeared to be holding early Monday, raising hopes that the conflict, which cost at least 44 Palestinian lives, has ended. Fuel trucks have been allowed into southern Gaza.

Al Jazeera

Israel, Palestinian Islamic Jihad declare truce in Gaza

Egypt-brokered truce holding in Gaza after three days of Israeli bombardment that killed at least 44 Palestinians.

Tribune News Service

Egypt mediates truce to end Israel-Gaza fighting

Egypt mediated a deal to end three days of violence between Israel and the Islamic Jihad that left 44 people dead in the Gaza Strip, including two senior militants and 15 children, and sent thousands of Israelis into shelters to avoid the almost 1,000 rockets launched at Israel.

WEKU

A cease-fire between Israel and Palestinian militants has taken effect in Gaza

Egyptian officials said both sides agreed to a truce to end a flare-up of violence that has killed dozens of Palestinians.

Al Jazeera

The Gaza Strip explained in maps

The Gaza Strip has been under an Israeli-imposed land, sea and air blockade for the past 15 years.

Asharq Al-Awsat

Egypt’s Suez Canal Records All-time Highest Daily Traffic Rate on Saturday

Traffic passing through Egypt's Suez Canal on Saturday reached an all-time record per day in the canal's history with 89 ships carrying a total net tonnage of 5.2 million tons passing through both directions. Suez Canal Authority (SCA) Chairman Osama Rabea said in a statement that a total of 44…

USA Today Sports Media Group

Ohio State basketball gets first exhibition win in the Bahamas

A winning effort to start the trip off right for Ohio State hoops in the Bahamas. #GoBucks

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