Egypt, Japan seek to expand industrial cooperation, investment

Egypt’s Minister of Industry, Khaled Hashem, met with Japan’s Ambassador to Egypt, Iwai Fumio, to review current Japanese investments, explore potential expansions, and identify new opportunities across the Egyptian market. The meeting, attended by Assistant Minister for International Cooperation Ahmed Maghawry, underscored the growing strength of bilateral ties, which were…

UAE to exit OPEC and OPEC+ alliances on May 1, 2026

The United Arab Emirates will exit the Organisation of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance on May 1, 2026, the state news agency WAM said in a statement, a move that allows for a more flexible production policy in a highly sensitive energy market. The decision follows…