The signing took place at Egypt’s Cabinet of Ministers headquarters in El Alamein on Aug. 26, 2026, with Egypt’s Supply and Internal Trade Minister Sherif Farouk, also GASC’s chair, present at the event. Khadim Abdullah Al Darei, co-founder and managing director of Al Dahra, was also in attendance. The announcement did not specify details regarding wheat volumes, shipment schedules, origins, or pricing formulas for the agreement.
Severe Heat Fuels Deadly Wildfires in Algeria, Causing 12 Fatalities and 54 Injuries ALGERIA / RankWire.AI / – Wildfires have swept through northeastern Algeria, resulting in at least 12 deaths and 54 injuries, according to authorities on Wednesday night. The fatalities include five in Jijel, four in Bejaia, and three in Tizi Ouzou, Interior Minister Said Sayoud stated. Of the injured, six remain in critical condition, receiving intensive care after sustaining burns. The fires originated and spread across several provinces amid a severe heatwave impacting Algeria and other North African regions.
News
Business
The signing took place at Egypt’s Cabinet of Ministers headquarters in El Alamein on Aug. 26, 2026, with Egypt’s Supply and Internal Trade Minister Sherif Farouk, also GASC’s chair, present at the event. Khadim Abdullah Al Darei, co-founder and managing director of Al Dahra, was also in attendance. The announcement did not specify details regarding wheat volumes, shipment schedules, origins, or pricing formulas for the agreement.
Oil prices saw a modest rebound on Tuesday, following a decline of more than 2% in the previous session for both Brent crude and WTI. Brent futures increased by 27 cents, or 0.3%, reaching $92.44 a barrel at 0330 GMT. U.S. West Texas Intermediate climbed by 37 cents, or 0.4%, to $85.38. This upward move came after Monday’s significant retreat, which brought an end to six consecutive days of gains across the two main crude benchmarks.
Alibaba Group has announced an HK$80 billion share offering aimed at bolstering investments in artificial intelligence and enhancing its AI infrastructure. The Chinese tech giant plans to issue 710 million new ordinary shares at HK$112.70 per share, a deal valued at approximately US$10.2 billion based on current exchange rates. The completion of this transaction is expected by Aug. 26, subject to standard closing conditions. Alibaba clarified that the entire net proceeds will be allocated to developing its comprehensive AI capabilities. This funding will support the expansion and upgrading of its artificial intelligence systems and infrastructure. The company has cultivated an AI ecosystem that includes cloud computing, models, chips, and applications, with the Qwen model series and Alibaba Cloud services playing key roles in its technology stack.
South Korea’s Arctic container trial links Busan with major European ports. PanStar Line Dot Com operates this vessel, which is carrying 837 TEU during the Arctic shipping trial. Of this, approximately 737 TEU are commercial cargo, including chemical products, used vehicles, and automotive parts. Additionally, the shipment includes 100 empty containers. The ship is anticipated to enter Arctic waters around August 30 and complete that segment by September 7. Authorities estimate the Arctic portion of the voyage to cover about 6,400 kilometers. According to the official schedule, the vessel will stop at Felixstowe in the United Kingdom on September 9. Rotterdam in the Netherlands is next on the list, scheduled for September 11, followed by Gdansk in Poland on September 15.
Egypt’s Central Bank maintained its key interest rates at 19% and 20% on August 20, marking the fourth consecutive meeting with no rate adjustments. Inflation increased to 14.9% in July from 14.3% in June, with core inflation rising to 14.7%. The bank stated that economic activity slowed in the second quarter, with a forecasted average real GDP growth of 5% for the fiscal year. Net international reserves reached $56.29 billion at the end of July. The CBE’s inflation target and policy stance remain unchanged.
Health
EU diagnostic support expands as health authorities respond to the Bundibugyo Ebola outbreak. The PCR testing kits will be sent to the World Health Organization’s Hub for Global Health Emergencies Logistics located in Dubai. WHO will oversee their distribution to areas actively engaged in the Ebola response. PCR testing is vital for confirming infections, as laboratories can analyze numerous samples swiftly and with high precision. Additionally, the equipment is compatible with existing laboratory setups. Rapid confirmation enables health teams to identify infected individuals, arrange suitable treatment and isolation, and facilitate contact tracing for confirmed cases. This latest procurement builds on a separate European Commission agreement that provided €2.5 million for rapid molecular point-of-care tests and testing devices, supporting the Africa Centres for Disease Control and Prevention. Collectively, these initiatives bring the total diagnostic support from the European Union to €4.6 million.
The World Health Organization states that Congo’s Ebola outbreak remains controllable within a three-month period if adequate resources are provided to response teams. The latest official data indicates there have been 5,021 confirmed cases and 2,378 fatalities as of Aug. 16. The outbreak now affects 55 health zones across six provinces, with the case fatality ratio reaching 47.4%. This makes it the deadliest Ebola outbreak in the nation’s history and the second-largest Ebola epidemic recorded worldwide.
EU health groups seek binding heat protection as Europe strengthens climate resilience planning. According to HEAL, national Heat Health Action Plans should incorporate ambitious, quantifiable targets aimed at protecting populations from climate-related hazards, particularly extreme heat. The organization stresses that these plans must prioritize vulnerable groups such as the elderly, children, pregnant women, and individuals with chronic illnesses. Additionally, HEAL highlights the importance of addressing social and economic disadvantages in these strategies. The group has also called on the EU to allocate funds for health and climate resilience within the framework of the bloc’s long-term budget for 2028 to 2034. The Standing Committee of European Doctors, also known as CPME, has joined the call for immediate action on heat-health planning across Europe. It advocates for authorities at the EU, national, and local levels to develop, implement, and regularly review comprehensive plans. CPME warns that extreme heat can exacerbate cardiovascular and respiratory conditions and lead to premature deaths, particularly among vulnerable populations. The organization separately urges the EU to establish binding targets related to climate resilience and health, including specific goals for national adaptation efforts.
Michigan confirms two deaths as officials investigate a major cyclospora outbreak. Both cases occurred prior to the voluntary iceberg lettuce recall announced on July 17. The Centers for Disease Control and Prevention confirmed the Michigan fatalities on August 3, describing them as deaths related to cyclosporiasis involving individuals with underlying health conditions. The total number of cases reported by Michigan includes all cases documented during the ongoing investigation and may be subject to adjustment. Federal surveillance data typically encompass laboratory-confirmed instances and may differ from state figures that include probable illnesses.
The Ebola outbreak in DR Congo has expanded to become the nation’s most extensive recorded epidemic. As of July 30, health officials reported a total of 3,605 confirmed cases, which include 1,587 fatalities. The case fatality rate was calculated at 44%. During the latest full reporting week, teams documented 567 new infections and 296 deaths, marking the highest weekly totals since the outbreak’s inception. This increase has intensified the strain on efforts related to surveillance, treatment, and community engagement.
Congo Ebola cases cross 3,000 as national health authorities report rapid virus spread and severe shortages of vital medical supplies. The post Congo Ebola cases cross 3,000 as outbreak surges in east appeared first on Arabian Observer: Observe more. Understand Arabia..
New medical advisory releases soft drink dementia warning, urging adults to reduce consumption to protect long-term brain health. The post Experts reveal soft drink dementia warning amid health crisis appeared first on Arabian Observer: Observe more. Understand Arabia..
Congo’s Ebola cases have risen to 1,333 as UNDP warns the outbreak could deepen poverty, threaten jobs and strain health services.
DR Congo confirmed 1,307 Ebola cases and 377 deaths as the Bundibugyo outbreak spread across three eastern provinces while testing guides care.
DR Congo’s Ebola outbreak has reached 1,048 confirmed cases and 267 deaths, with eastern provinces and Uganda tied to the response.
Travel
In July 2026, South Korea welcomed more than 2 million foreign tourists, with inbound travel remaining above pre-pandemic figures. According to the Korea Tourism Organization, the country saw a total of 2,093,223 international visitors during that month. This number reflects a 20.8% increase compared to 1,733,199 visitors in July 2025. It also represents 144.6% of the foreign arrivals recorded in July 2019, prior to the COVID-19 pandemic disrupting international travel.
Entertainment
U.S. Polo Assn. has launched its Fall-Winter 2024 Collection, blending sporty style and festive warmth, with pieces perfect for gifting this holiday season.
Fresha, a leading global booking platform for lifestyle services, announced today that it has…
Adidas Originals and Highsnobiety, a prominent platform in fashion, design, and culture, have announced the launch…
Automotive
Porsche to cut 5000 more jobs under restructuring plan after reaching agreement with German labor unions, data confirms.
Japan’s new car sales rose 1.8% in the first half of 2026, reaching 2.39 million units as registered vehicles and kei cars grew overall.
FIA expands Safe Mobility 4 All & 4 Life into the Middle East and Africa, extending road safety training, mentoring and local support.
Mercedes-Benz unveiled the electric C-Class in Seoul, bringing its first battery-powered C-Class sedan with up to 762 km of WLTP range.
The 2027 Mercedes-Benz S-Class adds an illuminated grille, optional lit hood star, and DIGITAL LIGHT headlamps, pairing new styling cues with flagship cabin tech and comfort features.