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
Quran burning in Denmark as Egypt, Bahrain summon Sweden diplomats The Middle East is fuming following a series of Quran burnings in Denmark and Sweden. Turkey
Erdogan’s base unfazed by U-turns as Turkey prepares to host Egypt’s Sisi According to unconfirmed reports in Turkish media, Egyptian President Abdel Fattah al-Sisi might even arrive in the Turkish capital as soon as Thursday. Turkey
Erdogan hosts Abbas, stresses Palestinian unity ahead of Cairo meeting The Abbas-Erdogan meeting in Turkey indicates increasing regional efforts aiming to convince rival Palestinian groups to advance their dialogue. Turkey
Egypt’s bid to develop rail sector put to test by dire economic headwinds The mission ahead to revamp Egypt's train network is daunting, especially at a time when the country faces serious economic woes. Marc Español
US calls for Egypt to immediately release researcher Patrick Zaki Zaki was sentenced to three years in prison over a 2019 article he wrote on Coptic Christians that prosecutors deemed "fake news." Egypt
Dengue fever outbreak in Egypt forces Russia to issue tourism warning Most cases of the mosquito-borne virus are not severe. Russia has implemented health measures for flights from Egypt as a result of the outbreak. Egypt
Egypt building collapse leaves 9 dead, fourth in a month The collapse of a building in Cairo on Monday is brings number of fatalities from these incidents in Egypt to 25 in the last four weeks. Egypt
Twitter or Threads? Egypt's activists join but not sold on Meta's idea yet Activists weigh concerns about misogyny and chaos on the pre-existing platform vs. censorship and data collection on Meta's new offering. Egypt
Egypt receives $1.9 billion from sale of state-owned companies Egypt started selling state-owned entities in response to its economic crisis. Gulf states have hinted that they may not support Egypt as much as they have in the past. Egypt
Egypt’s startup ecosystem tests its resilience amid economic turbulence Egypt’s startup scene has shown its resilience amid severe economic woes. Marc Español
Breaking | Last Updated: July 24, 2023, 10:07 am Turkey, Egypt fully restore diplomatic ties after decade-long freeze After years of diplomatic isolation, Ankara and Cairo have announced full normalization. Turkey
How North Africa’s renewable energy regulations can boost FDI Foreign investors and institutions are showing serious interest in North Africa’s renewable energy industry, but regulations remain key.
