Badawi made the remarks during the company’s general assembly meeting to approve its investment budget for FY 2026/2027. The meeting was attended by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir; Minister of Electricity and Renewable Energy Mahmoud Esmat; and Minister of Local Development Manal Awad. He said the company’s high product quality has driven increased demand in industrial applications requiring strict technical specifications. Badawi reaffirmed the ministry’s commitment to providing full support to the company to expand production and secure necessary inputs. He said the company achieved its highest PVC production level in five years, reaching 41,000 tonnes, and announced the completion of a feasibility study for a new PVC production line with an annual capacity of 120,000 tonnes.

First, the actual trade relationship between Canada and China, while significant, remains modest in scale compared with Canada’s ties to the United States. In 2024, Canadian exports to China totalled about $21.1bn, accounting for only a small fraction of Canada’s overall exports. These numbers provide critical context: China is a notable trade partner, but far from Canada’s dominant export market. Canada’s trade with China — though substantial in absolute terms — is economically limited relative to its U.S. ties. The broader dispute reflects how nations like the United States react when traditional trade dominance is perceived to be challenged, even modestly.

Former Ryder Cup star Chris Wood rolled back the years on Egypt’s North Coast, securing the Marassi 1 title in a high-stakes sudden-death playoff. The Englishman held his nerve at the Address Marassi Golf Resort to defeat compatriot Charlie Crockett after both players finished the second event of the 2026 Egypt Golf Series locked at 13 under par. Chris Wood, 38, showcased his experience by carding a clinical birdie on the first extra hole to separate himself from the field and claim the trophy. “I’m absolutely delighted,” Wood said following the win. The result further cements the MENA Tour’s growing reputation as a key fixture for professional golf in the Middle East, with the Egypt Golf Series continuing to attract top-tier international talent.

Just days ago, during a White House press conference, Trump publicly suggested that the Board of Peace “could” replace the United Nations. Under the proposed structure, Donald Trump himself would serve as President of the Board of Peace. The proposed Board of Peace appears poised not to remedy these flaws, but to institutionalise them under a single leader’s control. The proposed Board of Peace will likely not be the last of Trump’s bold — or erratic — experiments in global power projection. With striking audacity, he continues to pursue a vision of unilateral American dominance, presenting the United States as an unassailable global force — at least in his own imagination.

The Minister of Petroleum reviews the results of the Rystad Energy report and Egypt’s strategic efforts to become a regional gas hub. During Cabinet meeting, chaired by Prime Minister Mostafa Madbouly, Minister of Petroleum and Mineral Resources, Karim Badawi, presented a report on Egypt issued by Rystad Energy on December 12th, titled “Resetting Egypt’s Gas Sector: Debt Settlement, Reviving Drilling Activity, and Expanding Renewable Energy.”Minister Badawi explained that the report indicates the Egyptian petroleum sector is undergoing a significant structural restructuring, driven by unprecedented government interventions and practical policy reforms. The report links the development of conventional fields with the goals of the energy transition. Despite the challenges associated with declining production from some fields and the natural decline in output from existing assets, the Egyptian government has become more effective due to its efforts to stabilize production levels, accelerate the pace of exploration for new discoveries, launch a large number of licensing rounds, review the gas pricing structure, and address the issue of outstanding payments to partners.

The Israeli military announced Monday that it has recovered the remains of the final deceased hostage in Gaza, marking the first time since 2014 that there are no Israeli hostages in the enclave. “Just recovered the last Hostage body in GAZA. Two US officials credited efforts by Egypt, Qatar and Turkey in helping the Israelis to recover Gvili’s remains. In return, Israel must “complete the implementation of all the terms of the ceasefire agreement in full, without any reduction or delay,” Hamas said. Netanyahu vowed Monday that Israel is “now at the threshold of the next stage: dismantling Hamas’s military capabilities and demilitarizing the Gaza Strip.

New Delhi Reuters —India and the European Union have finalized a long pending landmark trade deal, Indian Prime Minister Narendra Modi said on Tuesday, as the two sides seek to hedge against fickle ties with the US. Trade between India and the EU stood at $136.5 billion in the fiscal year through March 2025. Flurry of trade dealsThe agreement comes days after the EU signed a pivotal pact with the South American bloc Mercosur, following deals last year with Indonesia, Mexico and Switzerland. An India-US trade deal collapsed last year after a breakdown in communications between their two governments. For India, the tariff cuts with the EU will lead to more exports in labor intensive sectors that will help partly offset the impact of US tariffs, said Ajay Srivastava, a former Indian trade official.

Egyptian Ministry of Petroleum and Mineral Resources announced the export of a new shipment of liquefied natural gas (LNG) this January to Shell, from the Idku LNG Terminal. The shipment, totaling approximately 150,000 cubic meters, was transported aboard the tanker “Methane Bekki Anne” to a Turkish port. This export is part of Egypt’s plan to export several LNG shipments, fulfilling its commitments to foreign investment partners. Regarding export volumes, Egypt’s natural gas exports reached approximately 238 million cubic meters in November, compared to 236 million cubic meters in October, according to data from The Joint Organizations Data Initiative. LNG exports in November amounted to approximately 215 million cubic meters, while pipeline gas exports reached approximately 23 million cubic meters.

The House of Representatives’ Legislative Committee has given its initial approval to a government-proposed bill amending certain provisions of the electricity law, Law #87 of 2015. Mahgoub said on Monday that the proposed amendments include stricter penalties for employees who commit crimes related to the improper connection of electricity. A source at the Ministry of Electricity said that the anticipated harsher penalties under the new electricity law align with the ministry’s efforts to reduce losses due to electricity theft and will streamline its operations. The source explained that eradicating electricity theft will only be fully achieved by completely transforming the electricity grid into a “smart” system. Minister of Electricity, Mahmoud Esmat meanwhile held a meeting to discuss the ministry’s work plan and explore ways to rationalize consumption and combat electricity theft.

The Egyptian Cabinet issued an official statement clarifying the final regulations regarding the January 25 holiday, which millions of state employees are anticipating to mark Police Day and the anniversary of the January 25 Revolution. The decision includes how the holiday will be calculated for employees in both the public and private sectors, particularly addressing widespread questions about the application of the government’s recently implemented “holiday shift” system, which aims to standardize official holidays. According to a decision by Prime Minister Mostafa Madbouly, the holiday commemorating the January 25 Revolution and Police Day in 2026 will fall on Thursday, January 29th. It is an official paid holiday for employees in both the public and private sectors. For institutions that have Friday and Saturday as their weekend, this decision grants employees a three-day holiday, starting Thursday morning and ending Saturday evening.

Community-based HIV treatment delivery models are as effective as standard clinic-based care in maintaining viral suppression and keeping patients engaged in therapy across Africa, according to a new study. Researchers found no significant difference in viral non-suppression rates between differentiated service delivery models and conventional facility-based care, suggesting that stable patients can safely receive treatment with fewer clinic visits. The study comes as African health systems face growing strain from rising numbers of people on lifelong HIV treatment. The risk of non-retention in care was not significantly different between differentiated models and standard treatment, with a pooled risk ratio of 1.03. The findings support broader adoption of people-centred HIV care strategies as African countries seek to expand treatment coverage and meet global HIV targets.

Ola Bazan, a distinguished leader in marketing and communications, has an impressive career spanning over 25 years in the telecommunications sector. Currently, Ola holds the position of Director of Communications and Digital Media at Orange Egypt, where her strategic vision and creative talent have made a significant impact. Renowned for her ability to develop and implement comprehensive marketing strategies, she skillfully manages teams and budgets, driving business growth while enhancing brand visibility through innovative campaigns. Her key responsibilities include crafting marketing communications strategies, leading cross-functional teams, and executing multi-channel campaigns that effectively engage diverse audiences through traditional media, digital media, and social platforms. In this esteemed program, she represented Orange Egypt among 47 exceptional leaders across the region, enriching her global skills and preparing her to lead the future of Orange.

Africa-focused private equity firm Adenia Partners has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals, marking its first majority investment in Egypt. The stake was acquired from Admaius Capital Partners, alongside Parkville’s chairman Dr. Sherif Bassiouny and co-founder and CEO Dr. Mahmoud Farrag. Heba Hakky, principal at Adenia Partners, said the transaction reflects confidence in Egypt’s long-term economic fundamentals and in the ability of local champions to scale regionally. Adenia Partners was advised by Baker McKenzie as legal counsel. Zilla Capital acted as the sole financial advisor to the existing shareholders, while Matouk Bassiouny served as legal counsel.

The Associate Professor in the Department of Criticism and Dramatic Literature at the Higher Institute of Dramatic Arts, Nermin al-Houti, discussed why the late Egyptian author Naguib Mahfouz remains an enduring icon of Arabic literature. Al-Houti took part in a wide-ranging intellectual symposium titled Identity in the Literature of Naguib Mahfouz, held as part of the Fair Personality program. Al-Houti observed that Mahfouz successfully projected Egyptian national identity onto the global stage through his depiction of the “Al-Hara” (a traditional alleyway). During the symposium, al-Houti outlined four primary pillars for studying identity in Mahfouz’s literature, beginning with the documentation of social and political transformations across Egypt and the Arab world. Often referred to as the “Balzac of the Arabs,” he is credited with maturing the novel form within Arabic literature and bringing it to a global audience.

Egypt’s Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar said on Monday that the healthcare sector ranks among the most attractive areas for investment in Egypt, describing healthcare not only as a social priority but also as a strategic economic investment that supports inclusive growth and human development. Abdel Ghaffar made the remarks during a panel discussion on Egypt’s healthcare system held on the sidelines of the Egyptian-Swiss Economic Forum in Cairo, according to an official statement. Abdel Ghaffar highlighted Egypt’s universal health insurance system as one of the country’s most significant structural reforms, noting that it separates financing, service provision and oversight. This framework, he said, creates transparent and sustainable opportunities for private-sector participation in areas such as diagnostics, treatment services and digital health solutions, while safeguarding quality and equity of care. The minister underscored the importance of aligning private-sector innovation with national health priorities through strong governance frameworks, interoperability standards, data governance and cybersecurity measures, particularly within the universal health insurance system.