Halwani Bros. Profits Rise 24.9% as Egyptian Market Powers Growth

Wall Street had its worst day since June on Friday as the AI sell-off deepened, with Intel suffering its worst drop since 1974 and Nvidia dragging the S&P 500 lower.

President El-Sisi met Hungary's András Baka in Budapest, where the Hungarian leader hailed Egypt's role in regional stability, security cooperation, and the fight against irregular migration.

A UN commission of inquiry concluded on 26 October 2026 that Israel is committing extermination in the West Bank and genocide in Gaza, with more than 75,000 Palestinians killed since October 2023.

Prime Minister Mostafa Madbouly inaugurated food security, education, healthcare, and industrial projects in Suez, accompanied by university students for the first time.

Egypt will expand its national stroke network from 206 to 440 specialized units across all 27 governorates, Kasr Al-Ainy announced as it marked World Stroke Day on October 29.

The UAE's nomination of Lana Nusseibeh gives the Middle East a chance to reclaim the UN's top post three decades after Egypt's Boutros-Ghali, the region's only Secretary-General.

Fourth Milling Company posted a 15% rise in nine-month net profit to SAR 159.8 million, with revenue up 12.6%, according to figures published by english.mubasher.info.

LemFi launches its largest product expansion, a rebuilt app and a new global brand, serving over two million customers including Egypt's diaspora.

The Egyptian Geological Museum, directed by Afifi Hassan Selim, is reopening Egypt's deep past to families, from Bahariya dinosaurs to a Mars meteorite that fell in 1911.

Cairo's cinemas change programme on Wednesday with Egyptian films leading the bookings, from Matloub Aelyan to Wala Kan Ala Al-Bal, alongside international titles and an art house run at Zawya.

UN Secretary-General António Guterres praised Egypt as a pillar of multilateralism during a lecture at Cairo University, calling for a complete end to the Gaza war and reaffirming the two-state solution.

Al Ahly crushed Uganda's Kitara 4-0 on Sunday to reach the CAF Confederation Cup group stage, with Hussein El Shahat scoring the club's historic 700th African goal.

Al Kathiri Holding's shareholders meet remotely on 16 November 2026 to vote on a 91.46 percent capital reduction to offset SAR 103.4 million in accumulated losses.

Egypt approved tenders for major desalination plants in Port Said and Suez, four wastewater facilities and Capital Gardens electricity under its PPP programme.

SABIC posted a Q3 2026 net profit of SAR 499 million, reversing a prior-quarter loss, on revenue of SAR 28.17 billion as sales volumes climbed 30 percent.

B'Tselem says Netanyahu is openly announcing displacement and destruction in Al-Khalil after two soldiers were killed, urging the world to act before neighbourhoods are erased.

Amal Maher returned to the Cairo Opera House on October 23 for a sold-out 34th Arab Music Festival concert, a homecoming Egypt's cultural scene received with open arms.

Lula and Flavio Bolsonaro meet in a final televised debate on October 23, with polls tied at 50 percent each ahead of Brazil's October 25 presidential runoff.

The Asian Football Confederation endorsed Gianni Infantino for a fourth term as FIFA president in Tokyo, ending a summer feud over a scrapped $4.2 billion World Cup plan.

Global stocks sank Thursday as the Nasdaq dropped 1.3 percent and oil jumped above $112, while Egypt's real-asset economy stands apart from the AI frenzy.

Iranian Foreign Minister Abbas Araghchi offered Washington a seven-day plan to reopen the Strait of Hormuz and resume talks, but warned that Tehran will not be underestimated again.

Prime Minister Mostafa Madbouly announced a major four-year housing programme covering rental, social and middle-income housing, to be launched by President El-Sisi.

Street unrest has swept across France, Belgium, Italy, Portugal, and Albania in October 2026, driven by living costs, housing pressures, and collapsing faith in political institutions.

Petroleum Minister Karim Badawi says Egypt's LNG terminals and pipelines will anchor a regional energy hub, with Cypriot gas from Cronos and Aphrodite flowing through Egyptian facilities.

Yamama Cement's nine-month 2026 results: net profit up 13.76 percent to 340 million riyals, with third-quarter profit more than doubling year on year.

AI platforms such as Tripo3D now turn written furniture descriptions into printable 3D models, a shift with real weight for Egypt's design workshops.

Egypt's Foreign Ministry says no Middle East settlement can stand without Cairo at the table, as Nader Zaki lays out a doctrine of comprehensive diplomacy, from Sharm El-Sheikh to the R4 quartet.

Iran's foreign minister told the OIC in Baghdad that Tehran rejects coercion but remains ready for talks, and put a seven-day Hormuz proposal on Washington's desk.

TADCO's board accepted the resignation of Badr Alhanaki and named finance veteran Asim Alhattami as Independent Member and Audit Committee Chairman, effective 15 October 2026.