Italian energy group Eni (ENI.MI) said on Sunday it had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean sea.
State-controlled Eni is looking for new gas sources…
Hundreds of millions of dollars have flowed through Egypt's interbank market since the central bank allowed the Egyptian pound to depreciate by 13% to a historic low, bankers said on Thursday.
The…
While the world is obsessively focusing on the war in Eastern Europe, geo-economic tugging is building up in the Eastern Mediterranean over maritime borders. Pitching political and diplomatic fights…
The saga of Rayya and Sakina, Egypt's most notorious serial killers who murdered and robbed at least 17 women and buried them under their house (with the help of their husbands, Hasaballah and…
Establishing a new fund for family care is under review as per directives by President Abdel Fattah El Sisi to help the Egyptian family face expenses and challenges related to personal status issues…
Egypt on Thursday lifted a key restriction on imports and approved a list of economic activities the government would leave to the private sector, in an effort to meet two key conditions attached to…
Individually and collectively, the countries of the Middle East and North Africa (MENA) have experienced a slew of concerns in 2022 as the world has shifted under the weight of superpower conflicts…
The International Monetary Fund will be watching for a shift by Egypt to a flexible exchange rate after a requirement to finance imports through letters of credit is phased out at the end of this…
Egypt has discovered a large gas field in the Nargis block in the eastern Mediterranean, Petroleum Minister Tarek El Molla said.
Evaluation is still ongoing to determine the field's reserves, he…
At the opening ceremony of the FIFA World Cup in Doha, Qatar’s Prince Tamim Bin Hamad scored one of his finest political goals by overseeing a historic handshake between the leaders of Turkey and…
When Israel considers its next move after Iran's retaliatory attack, it is not simply calculating the cost and benefits of a response but will also be creating a new equation for future exchanges.
From the Israeli attack on the Iranian consulate in Damascus to Iran's retaliation on Israel, the Syrian leader has been acting strangely normal. Al Majalla gives a breakdown of the past two weeks.
The unprecedented Iranian retaliation was an attempt to reestablish its deterrence and remind the region of its capabilities, which were seemingly eroded over the years.
The world remains distracted by other conflicts and crisis, but with this large African country on the brink of famine and no end in sight to the fighting, there are warnings that Sudan could splinter
Its direct military action on Israel showed how the strategic calculus in a turbulent region has changed. Will the US try to use Iran's strike on Israel to hit back at Tehran and weaken it regionally?