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
Egypt’s economy braces for new hit from Sudan conflict Egypt fears that a prolonged conflict in Sudan, a major market for its exports, will add to its economic hardships. Egypt
Egypt: Leading textile executive pushes for low-interest loans to save industry Textile manufacturing is Egypt’s second-largest industry, but it was severely impacted by the pandemic and now the country’s economic downturn. Egypt
Egypt inflation drops to 31.5%, but food prices still rising Annual inflation fell slightly in April compared to the previous month as the central bank readies its next decision on interest rates. Egypt
UN Security Council invites Pope Francis, Al-Azhar imam for joint speech In a first, the world’s two most prominent religious leaders are expected to deliver a joint speech on peace at the UN Security Council at a time when wars and conflicts are raging across the world. Egypt
Egypt frees long-held Al Jazeera journalist amid thaw with Qatar The release of Hisham Abdelaziz comes as Egypt and Qatar are working to normalize their relations after years of tension, even as Cairo continues its crackdown on journalists. Egypt
Yacht carrying Russians, Egyptians goes missing off Yemen coast The yacht’s owner says the crew sent a distress call about a pirate attack. DONT USE - Gulf Pulse
Egypt charges tourist ships in dollars as greenback crisis spirals Egypt commits tourist boats arriving in its ports to pay in US dollars amid a tough dollar shortage crisis in the populous country. Egypt
Culture Egypt archaeologists refute Ramses II-Exodus connection The display of the sarcophagus of Ramses II at an exhibition organized by the Egyptian Ministry of Tourism in Paris has revived the debate of whether the Exodus occurred during the era of the king. Egypt
Meet Sudan's web of warlords, foreign backers and their tangled alignments A look at the various players in the fighting that has exploded in Sudan paints a much richer picture than what some call a proxy war. Sudan
Pentagon leaks about Egypt, Russia suggest Cairo's ambivalence Pro-Russian analysts did not rule out the possibility mentioned in the Pentagon document of Egypt armament of Russia, but lack of military exercises between the two nations suggests Cairo is playing it cautious. Egypt
Egypt’s debt crisis impacts other African credits, Goldman Sachs warns As bond yields rise in Egypt, so have yields for sovereign bonds for Angola, Kenya, Nigeria and Senegal. Egypt
