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 raises interest rates again as inflation continues to creep up The Central Bank of Egypt’s rate hikes have so far been unable to curb inflation. Tunisia
Is the Middle East ready for its AI breakthrough? Many Middle East governments see AI as an essential catalyst for growth and diversification, but the region’s aspirations have yet to materialize. This new Pro Trend Report takes a deep dive into the feasibility of regional AI strategies.
Egypt offers cash for families to control births The Egyptian government intends to pay 1,000 Egyptian pounds to married women with two children or less annually as part of efforts to curb population growth. Tunisia
Egypt's Sisi unlikely to reconcile with Erdogan before Turkey's election The Turkish military presence in Libya remains the key snag in Ankara’s efforts to mend fences with Egypt. Turkey
Egypt-China relations strengthen with $2 billion factory deal China is making major economic inroads into Egypt along with other countries in the Middle East. Egypt
This Ramadan, food prices change Egypt's longstanding Iftar customs Surging food prices force Egyptians to strictly stick to the basics ahead of Ramadan. Egypt
Culture 2023 Mideast happiness rankings: UAE, Israel happiest as Lebanon hits bottom The Middle East and North Africa region remains the least happy region after sub-Saharan Africa globally, but several regional nations have become happier in comparison to the previous period. Legacy: Gulf
Egypt presses on with mega water projects despite burden on state coffers As water scarcity threatens Egypt’s food and national security, the state is moving forward with megaprojects to secure alternative water sources. Egypt
Turkey's FM to visit Egypt as Erdogan mends relations with Sisi The visit will be the first of its kind in more than a decade, following diplomatic deep freeze between the two East-Med countries. Turkey
Egypt signs $1.6 billion deals with China, EU companies to develop sea ports The Egyptian government wants its Red Sea and Mediterranean ports to help boost the economy amid rising inflation and declining foreign currency reserves. Egypt
Israelis, Palestinians to meet in Egypt in bid to lower tensions before Ramadan With Ramadan only days away, Israel, the Palestinians, the United States, Egypt and Jordan fear that West Bank tensions could explode. Israel
Saudi Arabia, Qatar, Egypt rank among world’s top 10 arms importers: SIPRI Middle East countries made up more than a fourth of the top 40 global arms importers from 2018 to 2022, according to a new report. Legacy: Gulf
