Egypt’s financial sector achieved its strongest foreign reserve position in six years, boosted by a massive influx of capital from citizens living abroad. Latest data released by the Central Bank of Egypt reveals that net foreign assets held across the banking system scaled $31.2 billion as of August 2026—a peak figure not seen since 2020. …
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The African Union Commission expressed deep concern regarding the escalating tensions among Ethiopia, Eritrea, and Egypt, emphasizing that it is closely monitoring developments among the three nations. In an official statement, the AU Commission called on the three member states to exercise maximum restraint and refrain from any actions or statements that could further escalate …
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Madinaty Golf Club concluded the second Asian Development Tour (ADT) tournament on Thursday, marking the end of a two-week stretch of international professional competitions at the venue. The event, which serves as the 14th tournament in the “Golf Egypt” series, featured a field of professional golfers from around the world. The competition followed the successful […]

Egyptian actor Ahmed Hatem continues to establish a distinctive presence in the Egyptian film industry with his latest feature, Red Flag, which opened in cinemas on 9 September across Egypt, Saudi Arabia and several other Arab markets. Blending social comedy with an exploration of the complexities of romantic and marital relationships, the film takes its […]

I first stepped foot in Sha’ar HaShamayim Synagogue in fall of 2021, on the eve of the Jewish New Year. Sha’ar HaShamayim means “The Gate of Heaven” in Hebrew (Genesis 28:17). It refers to a place where one feels a strong connection to the divine. Stepping through the massive doors felt like crossing a spiritual and historical portal. I had come to the synagogue to celebrate the Jewish New Year, Rosh Hashanah, with the Drop of Milk Association. Drop of Milk is a non-governmental organization based in Cairo (founded 1921) that serves to preserve Egyptian Jewish heritage and promote interfaith dialogue and understanding. I arrived at the downtown synagogue 20 minutes late, underestimating Cairo’s traffic, and found that the ceremony had already ended. Magda Haroun, the head of the Drop of Milk Association and the heart of the Jewish community in Egypt, shared that there are no official religious services in Cairo given the absence of a rabbi. Instead, attendees lead brief prayers. Given this, I was surprised to hear the sound of the shofar (a ram’s horn) reverberating through the synagogue. This tradition rings in the new year, alongContinue reading "Eish and Malḥ Between Us: a Musician on Cairo’s Shared Jewish Traditions"
The post Eish and Malḥ Between Us: a Musician on Cairo’s Shared Jewish Traditions first appeared on Egyptian Streets.

Egypt is targeting July 2027 to begin passenger operations on the first line of its high-speed electric railway network, connecting Ain Sokhna on the Red Sea with Marsa Matrouh on the Mediterranean, Minister of Transport Kamel El-Wazir said on Wednesday, 30 September. Speaking during a phone interview with state-run Channel One’s ‘Men Maspero’ programme, El-Wazir said the 660-kilometre line will include 21 stations and a central control centre. The route will connect Ain Sokhna with Cairo, Alexandria, New Alamein, and Marsa Matrouh, serving residential areas, tourist destinations, industrial zones, and logistics hubs along the way. Official project updates describe the line as part of the Sokhna-Alexandria logistics corridor, which is intended to connect Red Sea and Mediterranean ports with industrial and logistics areas. El-Wazir said high-speed trains on the line will operate at speeds of up to 250 kilometres per hour, with journeys between Cairo and Marsa Matrouh expected to take between two and two-and-a-half hours. Travel between Ain Sokhna and Marsa Matrouh is expected to take between three and three-and-a-half hours. The line will operate different services for passengers and freight. High-speed trains will travel at up to 250Continue reading "Egypt Targets July 2027 for Ain Sokhna-Matrouh High-Speed Rail Service"
The post Egypt Targets July 2027 for Ain Sokhna-Matrouh High-Speed Rail Service first appeared on Egyptian Streets.

OPEC+ has delayed a review of members’ oil production capacity after the Iran war disrupted projects to expand output across the Middle East, creating uncertainty over estimates that will help set 2027 quotas, according to two sources familiar with the matter. The group had ordered the review in late 2025 ahead of setting 2027 production […]
The post OPEC+ Delays Oil Capacity Review as Iran War Disrupts Expansion Plans first appeared on Egypt Oil & Gas.

Saudi Arabia has raised oil flows through its East-West Pipeline to more than 80% of capacity, increasing crude available for export from the kingdom’s Red Sea coast as domestic refinery demand falls. Saudi Aramco is pumping close to 6 million barrels per day through the 7 million-barrel-per-day pipeline, according to a person familiar with the […]
The post Saudi Arabia Raises East-West Pipeline Oil Flows Above 80% Capacity first appeared on Egypt Oil & Gas.