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
US to send more military aid to Egypt despite rights concerns The Biden administration said it was in the US national security interest to release some of the funds that Congress had conditioned on Egypt making human rights progress. Egypt
Pentagon expands role in Egypt war games as US weighs aid cuts Some 1,500 US military personnel are taking part in this year’s Bright Star exercise in Egypt as the Biden administration faces renewed pressure from Congress to withhold a portion of Cairo’s military aid over rampant human rights abuses. Egypt
Culture Will Egypt back off from the demolition of Cairo's historic Islamic cemeteries? Egypt’s government has been demolishing ancient tombs for three years as part of a controversial project that tore apart a renowned cemetery in Cairo, even as researchers and activists fight to stop the destruction. Egypt
Sudan’s Burhan heads to Egypt amid ongoing conflict The Egypt-Sudan relationship is politically and economically important for both countries, and the visit is Burhan’s first since fighting began in Sudan in April. Egypt
Egypt to drill 35 gas wells by 2025 as BP invests The energy giant pledged $3.5 billion in investment into gas exploration in Egypt over the next three years. Egypt
Analysis Egypt, Ethiopia and Sudan resume talks on Nile River dam, but obstacles remain The current talks follow the outbreak of violence in Sudan as well as mediation efforts by the UAE. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Will BRICS throw a lifeline to dollar-strapped Egypt? Economists believe BRICS membership will give Egypt a chance to ease pressure on the dollar, but is not a quick remedy for the country’s economic woes Egypt
Middle East offers strong market for AI content dubbing The region is ripe for translated content as Arabic is widely spoken and there is a strong appetite for digital media due to a young population. Saudi Arabia
Egypt, Iran, Saudi Arabia, UAE to join BRICS The Shanghai-headquartered New Development Bank, or so-called “BRICS bank”, had already admitted the UAE and Egypt as shareholders. Iran
Israel to export more gas to Egypt as cooperation grows Israeli-Egyptian cooperation on gas matters has increased significantly in recent years, despite Egyptian criticism of Israeli policy towards the Palestinians. Egypt
US shale giant to invest $1.4B in Egyptian fossil fuel projects At the end of last year, Apache Corp's main interests in Egypt were in the Western Desert with 5.3 million gross acres in six separate concessions. Egypt
Egypt releases journalist detained over reporting on Zambia plane seizure A reporter for a local fact-checking site is the latest Egyptian journalist to be arrested over the weekend. Egypt
