Newsletter: Business & Tech Gulf investors eye payday ahead of SpaceX IPO The IPO could leave Saudi investors holding a combined stake worth well over $15 billion in one of the world’s most coveted technology companies. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Suez Canal traffic soars as Hormuz disruptions reroute energy trade The canal generated $419 million in revenue in April, up 27% year over year. Egypt
Egypt, Turkey push energy ties in Azerbaijan talks amid Hormuz crisis Egypt and Turkey are moving to deepen energy cooperation as Iran’s de facto blockade of the Strait of Hormuz disrupts Gulf energy flows, increasing the significance of Eastern Mediterranean energy infrastructure. Turkey
Newsletter: Daily Briefing Iran attack on Kuwait airport kills one, halts flights Iran’s attacks reach Kuwait, a US veto rattles Netanyahu and Egypt signals its unease with Syria’s new leadership. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Analysis Pushed out of Sahel, Macron turns to Egypt and Africa's anglophone countries By Rina Bassist , Rosaleen Carroll
Ex-Israeli military intel chief: Hamas split, Netanyahu govt derail Gaza deal Former intelligence chief Tamir Hayman believes that a Gaza cease-fire could open opportunities for normalization with Saudi Arabia. Israel
How Egypt’s takeover of UNHCR asylum claims will impact vulnerable refugees The Egyptian government is preparing to assume the role of registering and determining asylum claims, which could have drastic consequences for people seeking asylum in Egypt. Egypt
Egypt, UAE sign $35 billion development deal amid foreign currency crunch The deal could help Egypt’s struggling economy and builds on previous Emirati investment in the North African country. Egypt
Analysis How Red Sea crisis is battering Egypt's manufacturing, textile industries The Suez Canal is a cornerstone of the Egytian economy, providing a vital source of foreign currency for the cash-strapped country. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis International law 'cannot be a la carte': UAE, Saudi and Egypt scold Israel at ICJ The presentations at The Hague could further the rift between Israel and the Arab world amid the Gaza war and efforts to expand normalization, though countries in the region are still interested in maintaining relations with Tel Aviv. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Egypt’s Sisi: Suez Canal revenue down as much as 50% over Red Sea attacks The decrease in revenue and traffic in the canal due to attacks by Yemen’s Houthi rebels is exacerbating Egypt’s foreign currency shortage and overall economic crisis. Egypt
Egypt prepares for worst-case scenario as Israeli offensive in Rafah looms Recent reports indicate Egypt is constructing a fenced-in zone south of the Rafah crossing from the Egyptian side in preparation for the exodus of Palestinians from Gaza. Egypt
Brazil’s Lula signs cooperation deals on Egypt visit, will head to Ethiopia next The Brazilian president met his Egyptian counterpart, Abdel Fattah al-Sisi, attended an Arab League meeting and is seeking to expand the strong trade ties between the two countries. Egypt
ADNOC, BP form natural gas joint venture in Egypt The British energy major said Wednesday it would contribute its interests in three development concessions and exploration agreements in Egypt to the joint venture. Egypt
Turkey’s Erdogan receives red-carpet reception in Egypt, calls Sisi 'brother' Libya, the Gaza war and bilateral ties are set to top Turkish President Recep Tayyip Erdogan and Egyptian President Abdel Fattah al-Sisi's meeting during the first such visit since 2012. Turkey
Turkey’s Erdogan in UAE, meets MBZ ahead of landmark Egypt visit Erdogan’s UAE and historic Egypt trips come as Ankara seeks to strengthen its ties with regional countries amid ongoing Israel-Hamas war. Turkey
CIA chief heads to Cairo for Mossad-Egypt-Qatar talks amid Rafah fears CIA Director Bill Burns will discuss a new hostage deal with Egyptian and Qatari mediators in Cairo as Israel prepares to invade Rafah despite international and regional warnings. Egypt
