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CAIRO — Tatweer Misr has appointed IGY Marinas as long-term operator of IL Monte Galala Marina at Ain Sokhna, expanding an earlier advisory mandate into operational responsibility for a $44mn Red Sea asset targeting higher-value yacht traffic. The marina will provide more than 150 berths for yachts of about 10-80 metres, including two berths capable […] The post Tatweer Misr Puts IGY at Helm of $44mn Red Sea Marina Push appeared first on The Middle East Observer.

CAIRO — Misr Fertilizers Production Company (MOPCO) has exceeded 90% in the International Fertilizer Association’s Protect & Sustain assessment, earning the programme’s Product Steward Excellence level for its ammonia and urea operations. The certification was issued by DNV Business Assurance B.V. – Belgium Branch on Sept. 28 and is valid until Sept. 27, 2029. MOPCO […] The post MOPCO Breaks 90% Mark in IFA Product Stewardship Assessment appeared first on The Middle East Observer.

The Financial Crimes Enforcement Network (“FinCEN”) has proposed to revoke Banque Misr UAE’s (the “Bank”) correspondent banking access to U.S....

Cairo: Tatweer Misr signed a strategic agreement with international marina operator IGY Marinas that formally appoints IGY Marinas as operator of the

In Monaco, the agreement was signed between Tatweer Misr and IGY Marinas for the management of the IL Monte Galala marina on the Red Sea: over 150 ber

Egypt moves to transfer Banque Misr branches to National Bank amid US sanctions and allegations involving Iranian-linked financial transactions.

CAIRO — Misr Fertilizers Production Co. (MOPCO) has launched a company-wide programme aimed at turning employee reporting of operational hazards and potential incidents into an early-warning mechanism for preventing accidents and strengthening process safety across its fertilizer operations. The initiative, launched under the Ministry of Petroleum and Mineral Resources’ “Your Report Makes a Difference” campaign, […] The post MOPCO Turns Hazard Reporting Into Early-Warning Tool for Plant Safety appeared first on The Middle East Observer.

Under a new rule proposed Friday by the Treasury Department, the Emirati branches of Banque Misr, Egypt’s second-largest bank, would be severed from access to the U.S. financial system.

Song · 2026 · Duration 3:51

Targeting a UAE-based bank with a serious but time-delayed action could have beneficial cautionary effects—though the wider problem of illicit Iranian financing in the Emirates will require a more con...

CAIRO — Misr Petroleum generated more than EGP230bn in revenue and sold over 8mn tonnes of petroleum products in FY 2025/26, while opening outlets outside Egypt for the first time as the state-owned fuel distributor begins extending its business model into regional markets. The company invested about EGP1bn during the year, according to results presented […] The post Misr Petroleum Tops EGP230bn Revenue as Regional Expansion Accelerates appeared first on The Middle East Observer.

286 days at sea. 5,000 sailors. Over 200 consecutive days without a port call. Food and water shortages, broken plumbing, and reported suicide attempts. Yet Hegseth called the reports “completely misr...

米財務省は米国時間8月28日、エジプト第2位の銀行バンク・ミスル（Banque Misr）をめぐり、アラブ首長国連邦（UAE）に置かれた拠点を米ドル決済の仕組みから切り離す規則案を示した。財務省の推計によれば、標的となったUAE拠点は202...

Move follows restrictions on UAE-based branch network of Banque Misr

On August 28, 2026, the Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking (NPRM) finding that the five United...