
Paymob secures backing from Abu Dhabi sovereign investor and EBRD
The latest round takes Paymob’s total disclosed funding to roughly USD 125.5 mn, by our math

The latest round takes Paymob’s total disclosed funding to roughly USD 125.5 mn, by our math

Egypt has selected Abu Bakr Shawky drama The Stories as its entry to the Best International Feature Film category of the 99th Academy Awards. Unfolding against the backdrop of Egypt’s turbulent years from the late 1960s until the 1980s, British-Egyptian actor Amir El-Masry (Giant, MobLand) stars as an aspiring Egyptian concert pianist opposite Valerie Pachner […]

When Tutankhamun's tomb was discovered over a century ago, it became an immediate worldwide sensation, revealing a wealth of treasures from ancient Egypt. In the decades that followed, the tomb was meticulously cleared, cataloged and studied, leading many to believe that KV 62, as it is officially known, had given up all its secrets. Yet long after its opening, the boy king's final resting place may still hold mysteries.

Orfi, the reigning senior and junior world champion, topped the rankings with victory at the Qatar Classic last week.
Countries: World, Algeria, Chad, Djibouti, Egypt, Eritrea, Ethiopia, India, Iran (Islamic Republic of), Libya, Mali, Mauritania, Morocco, Niger, Oman, Pakistan, Saudi Arabia, Somalia, Sudan, Tunisia, Yemen Source: Food and Agriculture Organization of the United Nations Please refer to the attached file. The dynamical models indicate above-normal rainfall across most of northern and eastern Africa and the Middle East from October through December, consistent with previous strong El Niño episodes. Within this region, drier-than-normal conditions are expected to emerge across North Africa by December, but elsewhere the wet pattern is likely to persist through winter. The only notable change in the forecasts this month is that the predicted wet anomaly is somewhat less pronounced in East Africa, and the forecast has also turned drier for Yemen and Oman, because the positive phase of the Indian Ocean Dipole is struggling to become established, and a less positive IOD favors relatively drier conditions around the northwestern Indian Ocean during El Niño. Nevertheless, the pronounced El Niño forcing will remain the dominant (wet) influence. These rainfall patterns can support breeding in the northern Sahel through late summer breeding season. Small-scale breeding may begin in October along the Red Sea and Gulf of Aden coasts. Precipitation
Countries: Egypt, occupied Palestinian territory Source: World Health Organization Please refer to the attached file. Overview The protracted crisis in the occupied Palestinian territory (oPt) continues to generate significant and sustained humanitarian and public health consequences for Egypt. This WHO Funding Appeal provides an overview of the current and anticipated health emergency situation in the country resulting from the ongoing conflict. As the primary operational hub for cross-border humanitarian assistance into Gaza, Egypt plays a critical role in facilitating the delivery of life-saving support to vulnerable populations, including women, children, older persons, and people with disabilities. In parallel, Egypt continues to receive medical evacuees from Gaza for specialized treatment within its national healthcare system or for stabilization prior to onward referral for medical evacuation abroad. Following the reopening of the Rafah border crossing on 2 February 2026, Egypt received the third wave of medical evacuees from Gaza. As the crisis remains protracted and the demand for medical evacuation persists, Egypt's healthcare system will continue to face sustained pressure, underscoring the need for continued international support to strengthen the national response. The current medevac wave is characterized by an increasing proportion of patients with complex trauma and severe injuries requiring multi-phase and prolonged treatment, including specialized surgery, intensive care, rehabilitation, and long-term follow-up. While Egypt's health system has continued to absorb these patients and provide essential care, the prolonged nature and high cost of treatment are placing additional demands on already stretched health resources and capacities.

Riyadh and Abu Dhabi logged two of GFCI’s largest gains anywhere, while Dubai’s underlying rating rose even as its rank slipped

Good afternoon, ladies and gentlemen, and welcome back. Today’s lead story is about a watermelon, or rather, 28 of them. An Egyptian sculptor in London took a watermelon to a workshop in El Darb, turned it into a mold, handed 28 casts to 28 artists, and raised GBP 249k for Gaza at auction on Friday. […]

Individuals are setting EGX prices day to day, trading on momentum more than fundamentals. It’s fueling the rally now, and it’s a risk if the market turns

Good morning, folks. We have a couple of big money moves to dive into today. The first is about hundreds of thousands of small retail trades, and the other involves a Gulf giant with a hefty domestic expansion plan. The EGX is being priced by individuals, and there may be implications. Retail investors account for […]

The Abu Dhabi fuel retailer will add about 400 service stations across two phases and begin aircraft refueling at two more airports

Private equity work runs on disciplined choices: what to back, how to value it, how to structure it, and when to exit. The Private Equity Diploma program covers fund organization, financial analysis, valuation, transaction structuring, portfolio management, and exit strategy. Participants work through the full private equity investment cycle, from screening and structuring investments to […]

Plus: The AfDB is giving a USD 3.55 mn reimbursable grant to a green ammonia project in East Port Said

What we’re tracking this morning regionally and around the world

The Mediterranean coast goes without regasification capacity for another two months, leaving Sokhna and Aqaba to carry Egypt's LNG imports

The CBE meets Thursday with inflation cooperating and external buffers solid. HC Securities argues the benign headline masks 4Q risks

Good morning, friends. Two stories on the docket today, one about consensus cracking and another about supply lines reshuffling. The central bank’s Monetary Policy Committee is meeting on Thursday, and for the first time in months, analysts aren’t all saying the same thing. The hold camp has the numbers on its side. But one voice […]

The Middle East’s dividend-heavy payout picture contrasts with a global surge in buybacks

Plus: FRA freezes Speed Medical’s EGP 600 mn capital hike, halts shareholder vote.

Forecasts say Black Sea disruption should hand the US a bigger slice of Egypt’s corn market. But price, freight, and FX are steering the business to South America instead