Egypt | Jun 25, 2022 Egypt plans to use ruble in trade with Russia Egypt and Russia seek to switch to local currencies in their trade transactions to overcome obstacles created by Western sanctions on Moscow over the Ukraine war.
Egypt | Jun 24, 2022 Egypt, Turkey hold firm on interest rates Turkish President Recep Tayyip Erdogan is adamantly opposed to raising interest rates, but some observers expected Egypt to raise rates in line with Gulf banks and the US Federal Reserve.
Egypt | Jun 24, 2022 Egypt's Sisi, Arab leaders coordinate positions ahead of Biden visit Egyptian President Abdel Fattah al-Sisi has been meeting with several Arab leaders in the lead-up to US President Joe Biden’s visit to the Middle East slated for mid-July.
Egypt | Jun 24, 2022 Egypt, Saudi Arabia sign economic agreements worth $7.7 billion Saudi Arabia intends to invest about $8 billion in various economic sectors in Egypt, which will ease the Egyptian economy's wheels amid the global crisis.
Egypt | Jun 23, 2022 Egypt participates in Russian economic forum Egyptian President Abdel Fattah al-Sisi delivered a virtual speech at the opening session, stressing the need to find "effective solutions" to the global economic crisis.
Egypt | Jun 23, 2022 Egypt looks for upsurge in tourists from sanctions-hit Russia Cairo and Moscow are holding talks to allow the Russian payment system MIR in Red Sea resorts.
Egypt | Jun 23, 2022 Egypt looks to Somalia for more influence in Red Sea, Nile dam dispute Egypt Prime Minister Mostafa Madbouly attended the inauguration of new Somali President Hassan Sheikh Mahmoud, who faces a wide array of challenges.
Egypt | Jun 23, 2022 Egypt’s car industry suffers under dollar crisis Car prices experienced a steep spike in Egypt over the past months as the dollar rose against the Egyptian pound and import restrictions were imposed amidst a decline in supply and a redirection of Egypt’s market shares to other countries.
Egypt | Jun 23, 2022 Egypt, Congo boost ties with electricity deal Egypt and the Democratic Republic of the Congo agreed to partner in the field of electricity as part of Egypt’s plan to boost its presence in the African continent amid the stalled talks on the Grand Ethiopian Renaissance Dam crisis.
Egypt | Jun 22, 2022 Egypt looks for boost from gas deal with Israel, EU The EU, Egypt and Israel signed an agreement for the export of natural gas to Europe, which would reduce the latter’s dependence on Russian gas.
Quake-hit Afghan village struggles back to life as aid trickles in by Emmanuel PEUCHOT and Abdullah HASRAT | AFP | Jun 25, 2022
EU top diplomat visits Iran in bid to revive nuclear talks by Payam Doost Mohamadi | AFP | Jun 25, 2022
Saudi Arabia banking on oil windfall to keep focus on fiscal discipline and diversification, says Stephen Kalin
Soundbite: Lahib Higel, Senior Iraq Analyst at the International Crisis Group, on the Sinjar agreement