An official source revealed that the Fuel Automatic Pricing Committee (FAPC) will meet during the first week of October to review developments in petroleum product prices and determine new prices. The source said that – prior to making any decision – the committee will examine global oil price trends, international and regional variables affecting energy …
The post Egypt’s Fuel Automatic Pricing Committee to hold meeting on fuel prices on October: Source appeared first on Egypt Independent.

Prime Minister Mostafa Madbouly stressed that Egypt’s water security is an existential issue that allows for no compromise. Speaking on behalf of President Abdel Fattah al-Sisi during the high-level general debate of the 81st session of the United Nations General Assembly, Madbouly added that the Nile is not merely an economic resource but a lifeline …
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The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its sixth scheduled meeting of the year on Thursday to decide on its key policy rates, a major indicator of the near-term direction of interest rates on the Egyptian pound, amid strong expectations that rates will remain unchanged for a fifth consecutive meeting. […]
The post CBE to decide on EGP interest rates Thursday amid expectations of fifth consecutive hold first appeared on Dailynewsegypt.

Egyptian Foreign Minister Badr Abdelatty called for continued diplomatic efforts to contain escalation over Iran’s nuclear programme, while separately discussing increased British investment, trade, Sudan, Yemen, and maritime security with UK National Security Adviser Jonathan Powell. The meetings were held on 22 September on the sidelines of the high-level segment of the 81st UN General […]
The post Egypt’s FM calls for diplomacy on Iran, discusses regional crises with UK security adviser first appeared on Dailynewsegypt.

  There are two Fs in Port Said: fishing and fashion. Two industries, two worlds, and countless human lives between them. At first, they seem to belong to different worlds. The sea and the street, the fishermen who cast their nets into the Mediterranean, and the workers whose hands bring garments, fabrics, and trade to life. And yet, in Port Said, these two worlds have always been closer than they appear. Two enduring trades that, together, tell the story of a place and the people who call themselves Port Saidians.  Both industries represent the changing treasures of the city. The same climate that is transforming the sea is also unsettling the industries and livelihoods that have long depended upon it. And behind these changes are the lives of the fishermen drawing their lives from the water, and workers whose hands sustain the city’s trade and manufacturing. Born into a family of fishermen and fashion designers, Moemen Sobh, founder of Visenleer, a social enterprise that turns ocean waste into sustainable textiles, grew up with a Port Saidian soul that looks at both the sea and textiles through one eye. His familyContinue reading "How Port Said’s Fishing Community Is Shaping Sustainable Fashion"
The post How Port Said’s Fishing Community Is Shaping Sustainable Fashion first appeared on Egyptian Streets.

  Egypt has launched its first industrial robot developed locally by Egyptian engineers and technology company RaedBots on Wednesday, 23 September, marking a new push to build not just products in Egypt, but the technology and machinery behind them. The robot was unveiled through a collaboration between RaedBots, the Industrial Modernization Center (IMC), and Egyptian manufacturing company CUBII Industrial Solutions. Unlike a technology demonstration designed only for display, the robot has been developed to work in an actual industrial setting, where its performance can be tested on a real production line. The robot currently has an 80 percent local content rate, with that figure expected to reach 90 percent once its main motor is also produced in Egypt. The newly launched robot is being integrated into machinery produced by CUBII, an Egyptian manufacturer specialising in automated food-filling and packaging machines as well as customised industrial automation systems. CUBII already exports its products to markets across Africa, the Middle East and Europe, giving the robot a chance to be tested within a company that operates beyond the Egyptian market. The Ministry of Industry plans to follow the robot’s performance at CUBIIContinue reading "Egypt’s First Local Industrial Robot Is Here"
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Maridive & Oil Services’ net profit surged 346% year-on-year (YoY) to $48.61 million in the first half (H1) of 2026, supported by higher revenue and gross profit, according to the company’s unaudited consolidated financial statements. Revenue increased 8% YoY to $134.27 million, while gross profit rose 7% to $67.11 million. Meanwhile, net profit before tax […]
The post Maridive Net Profit Surges 346% in H1 2026 first appeared on Egypt Oil & Gas.

Energean has completed the removal of the Kilmar and Garrow platforms from the Southern North Sea, transporting more than 3,500 tonnes of steel to the Netherlands for dismantling, reuse and recycling. The decommissioning campaign recorded zero lost-time injuries and environmental incidents and stayed within budget while meeting all regulatory commitments, according to the company. Energean […]
The post Energean Removes Kilmar, Garrow Platforms From UK North Sea first appeared on Egypt Oil & Gas.