IMF slashes Mideast outlook by nearly 3 points as Iran war hits economies The International Monetary Fund cut gross domestic product forecasts for the Middle East and North Africa, with the fallout from the conflict exposing stark divergences between the region’s energy exporters and importers. Iran
Analysis Egypt eyes energy breakthroughs as Iran war deepens gas crunch Among countries outside the Gulf conflict's direct line of fire, few have felt the shockwaves as acutely as Egypt. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Hostage to Hormuz, can Gulf rewire future energy flows to bypass Iran’s chokepoint? As the US-Israel-Iran war disrupts around 20% of global oil supply, experts point to opportunities and challenges facing a renewed push to develop alternatives to the Strait of Hormuz. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Israel energy minister says gas flowing to Egypt, Jordan despite shutdown reports Israeli Energy Minister Eli Cohen told Al-Monitor that despite security concerns and partial shut down of marine gas platforms, Israel continues to supply gas to Egypt, Jordan and Israeli consumers. Israel
Analysis Oil-rich Gulf states could face power crunch as Iran war hits energy security By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Oil crisis stokes inflation risks for Mideast as Iran war exposes importers By Samuel Wendel In Washington, DC, reporting on regional business and tech
Sudan moves ahead with Israel ties Tel Aviv continues to exchange visits with the contested authorities in Khartoum and deepen their security cooperation, in line with the coup generals’ allies in the Gulf and Egypt. Egypt
Egypt’s Copts set to resume trips to Jerusalem after two-year hiatus In light of an Egyptian-Israeli rapprochement, Coptic flights to Jerusalem returned after a two-year hiatus caused by the coronavirus pandemic. Egypt
Egypt seeks mediation in Sudan Egypt kicked off a series of dialogues with political forces in Sudan to help overcome the Sudanese crisis that erupted due to the military coup that toppled the civilian-led government in October. Egypt
Ethiopia warns it won't wait forever over Nile dam dispute The Ethiopian foreign minister once again criticized Egypt’s and Sudan's attempt to prevent operation of the Nile megadam, sparking an angry reaction from Cairo. Egypt
Egypt backs Libyan PM-designate to form new government Egypt pins hope on Prime Minister-designate Fathi Bashagha to secure the exit of all foreign forces from Libya and prepare for holding elections in the war-torn country. Egypt
AU summit in Addis Ababa ignores Nile dam crisis The 35th African Union Summit was held in Addis Ababa to discuss peace and security issues in Africa, but the Grand Ethiopian Renassiance Dam was not on the agenda. Egypt
Ethiopia’s accusations against Egypt, Sudan dispel hopes for Renaissance Dam crisis Egypt considers recent statements made by Ethiopian officials a setback for Nile Dam talks. Egypt
Egypt breaks LNG export records with eye on Europe The country recorded 10-year high sales in 2021 following a jump in global prices and resumption of production in its second liquefied gas facility, a flow local authorities hope to maintain as they try to become a regional hub and major player in the market. Egypt
Standard Chartered eyes churning out profits from Egypt Egyptian authorities are betting on Standard Charter's expertise to boost online banking and stoke competitiveness. Egypt
Historic decision to appoint Christian judge as head of Egypt’s Supreme Constitutional Court In a move described as “historic,” the Egyptian president issued a decision appointing a Christian judge as head of the Supreme Constitutional Court for the first time in history. Egypt
Egypt empowers disabled with entrepreneurship incubator Egypt will establish a new incubator to help entrepreneurs with disabilities turn their projects into viable businesses, as the Arab country aspires to turn this segment of society into a driving force of economic growth. Egypt
Egypt lays groundwork to host COP27 Cairo is already busy solidifying international support for this year's UN climate conference to be held in Sharm el-Sheikh. Egypt