Marketing and public relations consultancy Jupiter Commz has appointed Osama Rashad as managing partner and member of its board of directors following his entry into the firm’s shareholder structure, the company announced on Sunday. The appointment is intended to drive the consultancy’s 2026 growth strategy, focusing on regional expansion and the enhancement of data-driven, digital-first advisory services. Rashad, who possesses over 15 years of experience in investment banking, finance, and corporate governance, will lead the firm’s efforts in investor relations and financial communications. “Osama’s appointment is a cornerstone of our next growth phase,” said Salah El-Din Aloui, chairman and managing director of Jupiter Commz. The firm stated it is evolving its service model beyond traditional public relations to include digital reputation management, corporate governance advisory, and data-driven content innovation.

January 18, 2026 13:29 UTC

Liverpool manager Arne Slot issued a message regarding Mohamed Salah, as he nears his return to the Reds following the conclusion of Egypt’s campaign in the Africa Cup of Nations. The Egyptian national team failed to qualify for the Africa Cup of Nations final and will play Nigeria in the third-place match on Saturday. Slot said in the press conference on Friday ahead of Saturday’s match against Burnley in the 22nd round of the English Premier League: “I’m delighted he’s coming back to us.”He added: “Mohamed Salah will play another big game with the Egyptian national team on Saturday, then he’ll be back with us.”“Salah has been very important to this club and to me personally. I’m happy he’s back with us. Even if we had 15 strikers, I’d still be happy to have him.”Liverpool currently sit fourth in the Premier League table with 35 points, while Burnley are in 19th place with 13 points.

January 17, 2026 23:27 UTC

(EFID.CA) announced on Wednesday the finalization of an agreement with Hostess Brands LLC, a subsidiary of The J. M. Smucker Company, to expand its ownership of the HoHos, Twinkies, and Tiger Tail brands to over 45 additional African countries. The transaction grants Edita exclusive rights to these brands across the entire continent, building on its existing ownership of the trademarks and manufacturing know-how within the Middle East and North Africa (MENA) region. The deal also includes rights to manufacture 11 additional Hostess brands. The acquisition aligns with Edita’s regional growth strategy to transform these labels into pan-African assets. “This acquisition marks an important milestone in the evolution of our regional platform and expansion into new attractive markets,” said Eng.

January 17, 2026 19:30 UTC

Meska AI convened industry leaders, investors, and startups at the “Meska Spark Vol.2” conference on Friday at the Creativa Innovation Hub, urging the creation of a sustainable collaborative ecosystem to advance AI in Egypt. Co-founders Nabil Khalifa and Omar El Monayar emphasized the need for enterprise-ready solutions and broader stakeholder alignment to achieve long-term impact. The event featured panels on building AI entrepreneurs, investment criteria, and corporate AI adoption, drawing speakers from major players including Valu, Huawei Cloud, and Wuzzuf. A key highlight of the conference was the signing of a strategic cooperation agreement between Meska AI and PTS Holdings. The gathering also featured startup pitch rounds and matchmaking sessions supported by Huawei Cloud to foster direct collaboration between startups and technical mentors.

January 17, 2026 19:30 UTC

The first tournament of the Egypt Golf Series 2026 kicks off this Monday, January 19, as part of the MENA Golf Tour, a premier developmental circuit for professional golf. The MENA Tour features a total prize pool of approximately $400,000, with $100,000 contested at each tournament. International and Local ParticipationThe MENA Tour at New Giza boasts a diverse field of over 100 international competitors.The stakes could not be higher as the battle for MENA Golf Tour Rankings supremacy intensifies. A Strategic Vision for Egyptian GolfMr. Omar Hisham Talaat, President of the Egyptian Golf Federation, emphasized the importance of the series:“The launch of the Egypt Golf Series is a fundamental pillar of the Golf Federation’s strategy. “The collaboration with the Egyptian Golf Federation is essential to our mission.

January 17, 2026 19:15 UTC





In a statement, Al-Sisi said he appreciated Trump’s efforts to promote peace and stability at the regional and international levels, as well as his recognition of Egypt’s pivotal role in supporting regional security. In his letter, dated January 16 and addressed to Al-Sisi, Trump said he was ready to resume US mediation between Egypt and Ethiopia to “responsibly resolve” the dispute over Nile water sharing. According to the letter, Trump said any agreement should guarantee predictable water releases during droughts and prolonged dry periods for Egypt and Sudan, while allowing Ethiopia to generate substantial electricity from the dam. Egypt, home to around 108 million people, depends on the Nile for approximately 90% of its freshwater needs. Ethiopia, meanwhile, maintains that the GERD is a sovereign right and a regional development opportunity, and has continued filling the dam’s reservoir since 2020.

January 17, 2026 16:04 UTC

El-Shimy said the ministry’s strategy is driven by a core objective: achieving the highest possible return on state investments in Public Enterprises Sector companies, increasing their contribution to national output, enhancing their competitiveness locally and internationally, and transforming them into sustainable, growth-oriented economic entities. The minister revealed that companies affiliated with the ministry are currently implementing around 157 investment projects across various sectors, with total investments estimated at approximately EGP 184bn, as part of efforts to rebuild and modernise the industrial and service base of Public Enterprises Sector companies. On financial performance, El-Shimy confirmed that affiliated companies achieved strong results during the 2024–2025 fiscal year, with total revenues reaching approximately EGP 126bn, marking growth of nearly 20% year-on-year. In terms of exports, he said total exports by affiliated companies reached approximately $1bn in FY 2024/25, recording growth of 27%. El-Shimy affirmed that the Public Enterprises Sector offers promising investment opportunities across industry, energy, tourism, real estate development, and logistics services.

January 17, 2026 15:55 UTC

Egypt’s General Authority for Investment and Free Zones (GAFI) held a roundtable meeting with the Hong Kong Trade Development Council (HKTDC) to explore opportunities for strengthening investment partnerships in the textile and ready-made garments sector. El-Gousky said Egypt’s textile and garment sector is among the country’s most competitive industries, supported by a well-established industrial base, accumulated expertise, a highly skilled workforce, and the availability of production inputs and qualified industrial infrastructure. El-Gousky also highlighted the strategic importance of the partnership between Egypt and Hong Kong, describing it as a key driver in reshaping global value chains in the textile industry. Meanwhile, Iris Wong, Director of External Relations at HKTDC, invited Egyptian companies to participate in the Council’s exhibitions and trade events, noting that HKTDC organises around 40 specialised events in the textile and garment sector. She revealed that Egyptian garment exports to the European Union and the United States increased by 97% and 46%, respectively, over the past five years.

January 17, 2026 15:55 UTC

Hassan El-Khatib, Minister of Investment and Foreign Trade, met with investors operating at the Investment Zone in the city of Banha, Qalyubeya governorate, during a visit aimed at reviewing investment conditions and addressing investors’ needs. This governance structure, he explained, facilitates the rapid issuance of licences and decisions, making investment zones a successful model for supporting business activity. Atiya also underlined the governorate’s commitment to providing all required services for investors operating within the investment zone, including utilities, road networks, transport links, and other essential infrastructure. Investors also noted that the investment zone provides integrated services in a single location, with all relevant authorities represented, helping them save time and effort. The Banha Investment Zone spans an area of 46 feddans and includes 60 industrial projects specialising in food and agricultural industries and their complementary sectors.

January 17, 2026 15:30 UTC

Egypt’s economic growth rate exceeded 5% during the first quarter of the current fiscal year, Planning, Economic Development and International Cooperation Minister Rania Al-Mashat said. The minister noted that the growth rate reflects increased contributions from productive sectors, led by industry, telecommunications, information technology, and tourism. The discussions with Eichhorst focused on the economic pillar of the Egypt-EU strategic and comprehensive partnership, including development grant priorities for the 2026-2027 period. Al-Mashat reviewed the “National Narrative for Comprehensive Development,” which serves as the framework for the state’s efforts to promote sustainable growth through human development investment, structural reforms, and the increased role of the private sector. Al-Mashat concluded the meeting by stating the government’s intent to build on current results to support sustainable development and mutual confidence in the path of economic reform.

January 17, 2026 15:30 UTC

The annual dynamics of headline inflation continue to be driven primarily by non-food prices, as food inflation has fallen back to its pre-2022 levels. Monthly core inflation also decelerated to 0.2% in December, compared with 0.8% in November and 0.9% in December 2024, reflecting mainly negative core food inflation. Monthly food inflation registered negative 0.7% in December 2025, contributing a negative 0.26 percentage point to monthly headline inflation. Food inflation driversThe decline in food inflation during December was driven by several factors. Non-food inflation driversMonthly non-food inflation reached 0.8% in December, contributing 0.48% to monthly headline inflation.

January 17, 2026 15:27 UTC

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), said the bank has steadily navigated economic challenges through sustained and disciplined policy efforts. Similarly, the Bank of England raised its key interest rate to its highest level in 15 years. Monetary policy trajectories in major emerging economies, however, diverged during the period. The People’s Bank of China continued to cut interest rates, while the Central Bank of Brazil began easing its policy stance. Meanwhile, the Reserve Bank of India and the South African Reserve Bank maintained interest rates at elevated levels.

January 17, 2026 15:27 UTC

Iranians gather while blocking a street during a protest in Tehran, Iran on January 9, 2026. Over the past several weeks, US President Donald Trump repeatedly threatened to attack Iran if the regime used violence against protesters. Even if Tehran and Washington try to revive diplomacy, Iran would be doing so from its weakest position yet. “The most likely scenario is that there is another variation of the regime, through elements from within the same regime,” Parsi said. Another potential concern is whether the potential fall of the regime will usher the collapse of Iran as a nation.

January 17, 2026 15:12 UTC

For the soldiers of a Syrian Army patrol, Saturday was meant to be a day of orderly transition; instead, it became a lethal reminder of the fragility of the peace brokered last spring. As the Syrian Army pushes to secure the region west of the Euphrates, the clashes in Maskanah and Deir Hafer suggest that the “goodwill” withdrawal of the Syrian Democratic Forces (SDF) is fraying. Restoring Order Amidst DisplacementIn the streets of Deir Hafer, the transition is already visible. The Syrian Army has issued urgent warnings for civilians to avoid “operation zones” until mine-clearing teams can neutralise war remnants. As the Syrian Army continues its march toward the town of Dibsi Afnan, the spirit of the March 10 agreement appears thinner than ever.

January 17, 2026 15:11 UTC

With more than 3,000 people reported dead and Supreme Leader Ali Khamenei labelling U.S. President Donald Trump a “criminal,” the current lull appears less like a resolution and more like a pivotal breath before an uncertain next chapter. Khamenei’s Narrative: The “External Plot”In a televised address on Saturday, Supreme Leader Ali Khamenei sought to reframe the internal crisis as a foreign assault. Only days after President Trump warned that “help is on the way” for Iranian dissidents—signalling potential military intervention—he appeared to step back from the brink. In a statement to reporters in Washington, Trump noted that Tehran had reportedly rescinded execution orders for more than 800 detainees. With the Supreme Leader vowing to settle scores and the opposition calling for a second wave, the quiet in the streets of Tehran may be the eye of a much larger storm.

January 17, 2026 15:05 UTC