Emirates NBD Egypt acquisition: Group agrees to buy HSBC Egypt’s retail banking business Emirates NBD Egypt acquisition: Emirates NBD’s Egyptian arm has signed final agreements to acquire HSBC Egypt’s retail …
Egypt
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5.6-Magnitude Sharm El-Sheikh Earthquake Strikes Early Morning, No Immediate Casualties Reported 5.6-magnitude earthquake struck 38 km east of Sharm El-Sheikh at 03:00 (depth 10 km). Egyptian Red Crescent activated emergency …
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Business
Emirates NBD Egypt signs definitive agreements to acquire HSBC Egypt retail operations
by James Bryantby James BryantEmirates NBD Egypt to acquire HSBC Egypt retail banking unit in deal expected in H2 2027 Emirates NBD Egypt will acquire HSBC Egypt’s retail banking business, including branches, ATMs, customers …
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Egypt vows full investigation into Damietta port incident after fire on two gas vessels Egypt vows full investigation into Damietta port incident after fire on two gas vessels; authorities stress …
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GCC Condemns Damietta Port Drone Attack, Vows Support for Egypt Gulf Cooperation Council condemns the drone attack on Egypt’s Damietta port. Secretary-General Jassim Mohammed Al-Budaiwi pledges GCC solidarity and support. …
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Business
UAE and Egypt agree five-year phased expansion of air transport rights
by James Bryantby James BryantUAE, Egypt Agree Five-Year Plan to Expand UAE-Egypt Air Transport Rights UAE and Egypt sign a five-year phased agreement to expand air transport rights, boosting connectivity, carriers’ capacity and tourism …
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Business
Egypt Confirms Damietta Port Fire on LNG Regasification and Storage Vessels
by James Bryantby James BryantDamietta port fire engulfs LNG re‑gasification and storage vessels; no injuries Egypt’s Ministry of Petroleum confirms fire on LNG re‑gasification and storage vessels at Damietta port on July 29, 2026; …
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Business
UAE and Egypt sign phased pact to expand air transport rights
by James Bryantby James BryantUAE, Egypt Agree to Five-Year Phased Expansion of Air Transport Rights UAE and Egypt agree to expand air transport rights over five years, boosting connectivity for airlines, tourism and investment …
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Business
Egypt announces Watda gas discovery in Western Desert producing 40 million cubic feet daily
by James Bryantby James BryantEgypt Western Desert Watda gas discovery begins producing 40 MMcf/d Egypt’s Ministry of Petroleum confirms Watda gas discovery in the Western Desert producing 40 MMcf/d; 10km pipeline built, grid tie …
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Egypt players TV appearances spark bidding war after historic World Cup 2026 run Broadcasters and talk shows are competing for Egypt players TV appearances, reportedly paying $20k–$50k per episode while …