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 FM Shoukry visits Syria, Turkey in renewed earthquake diplomacy The top Egyptian diplomat's visit to Syria and Turkey marks a first after almost a decade. Egypt
Egypt’s inflation to remain above central bank target in 2023 Inflation in Egypt will most likely continue to rise in the coming months to peak above 30% by mid-year, well above the government’s target. Marc Español
Al-Monitor/Premise poll: Russia's role seen as negative in Turkey, Yemen, Iraq The Russian invasion of Ukraine hurt the region economically, as supply chain disruptions and food shortages topped respondents concerns in Turkey, Egypt, Yemen and Iraq Turkey
Culture Explainer: Egypt cancels Kevin Hart’s show after ‘Black Egyptians’ reference Hart was criticized on Egyptian social media for comments he allegedly made asserting that ancient Egyptians were black. Egypt
Despite divide over settlements, Israel expands energy cooperation with Egypt Israel’s Energy Minister Israel Katz chose to travel to Egypt for his first visit abroad since taking office. Israel
From Israel to Egypt, how Adani Group's downfall could reverberate in Middle East The Indian tycoon's crumbling empire had made investments in Israel and Egypt, but relations between India and the region may chill if deals go bad. Israel
Culture Egypt’s Coptic Christians outraged at government's mishandling of adoption case The case of a little boy who was taken from his adoptive Christian parents by the Egyptian authorities and placed in an orphanage after being registered as a Muslim has triggered a backlash from rights advocates and brought the adoption laws under scrutiny. Egypt
Egypt plans to sell stakes in 32 state-owned companies within year The announcement comes as the government is moving to reduce the state’s footprint in the economy, and includes two military-owned enterprises and three banks. Egypt
Egypt's economy takes another hit with rating downgrade Moody’s also said Egypt’s ability to generate domestic funding will help its economic outlook. Egypt
Egypt venture capital funding tops $500M in 2022: Report Egypt led the Middle East and North Africa in the number of venture capital deals last year, according to a report by MAGNiTT. Egypt’s overall economy continues to struggle. Egypt
Egypt’s non-oil sector suffering under high inflation: Report Egypt is experiencing rising inflation and the depreciation of its currency, but the country’s stock exchange is doing well and the IMF recently agreed to a massive aid package. Egypt
Overhaul plan for Giza Zoo stirs controversy in Egypt The historic zoo is in need of renovation, but critics fear that the government's announced plan may make things worse. Egypt
