Egypt’s tourism ambitions are driving airlines to rethink capacity planning, with the country targeting 30 million annual visitors by 2030. As demand fluctuates seasonally, ACMI and wet leasing could offer carriers greater flexibility to manage short-term capacity gaps and growth, according to Justinas Bulka, CEO at KlasJet.
Egypt has officially begun construction of a major phosphoric acid production complex in the New Valley governorate, marking a new step in the country’s efforts to expand its mining and phosphate-based chemicals industry.
Saudi Arabia said its air defences intercepted and destroyed a Houthi drone south of Makkah before it could enter the prohibited airspace over the holy city, as the Kingdom faced a widening campaign of attacks by the Iran-aligned Yemeni group.
Travel demand across the Middle East remained resilient in the first eight months of 2026 despite flight disruptions, with search activity holding firm. Egypt retained the top destination ranking, while Nepal, China and Vietnam recorded significant gains, according to Wego data.
The UAE National Pavilion continued to attract strong interest on the second day of the El Alamein International Airshow 2026, welcoming 1,875 visitors, including senior official and military delegations from around the world.
Egyptian Prime Minister Dr Mostafa Madbouly and Mohammed Al Dhanhani, Director of the Fujairah Emiri Diwan, discussed steps to complete the implementation of the Fujairah Alamein Oil and Gas project, following the establishment of the joint company.
Qatari Diar, a leading developer, has officially announced the launch of the first phase of its landmark $29.7 billion Alam Al Roum project coming up on Egypt's North Coast over a 20.58 million sq m area. The Phase I is set for handover in 2030.
Dana Gas, the Middle East’s largest regional private sector natural gas company, reported a net profit of AED393 million ($107 million) in H1 2026, compared with AED270 million ($73 million) in H1 2025, an increase of 47%.
Egypt is stepping up cooperation with Abu Dhabi Future Energy Company (Masdar) to accelerate a pipeline of solar, wind and battery-storage projects as Cairo seeks to raise the contribution of renewable energy to 45% of its electricity mix by 2028.
Al Dahra Agriculture Trading (ADAT), part of Al Dahra Holding, headquartered in Abu Dhabi, has announced execution of a five-year wheat supply agreement with Egypt’s General Authority for Supply Commodities (GASC).
