Syria reports sabotage of undersea internet cable between Tartous and Alexandria: What to know The affected cable connects Syria to Egypt and is one of four cables that link to the coastal city of Tartous. Syria
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 By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Ethiopia to supply South Sudan with electricity, as Nile dam talks continue to falter Ethiopia plans to export electric power to South Sudan as part of an electrical interconnection project between the two countries, as negotiations with Sudan and Egypt on Ethiopia’s controversial dam on the Nile River are at a dead end. Egypt
Ukraine war drives more traffic to Egypt's Suez Canal, increasing revenues Although Egypt is being adversely affected by the war in Ukraine, the Suez Canal is benefiting greatly from Western countries sailing into the Gulf in search of oil. Egypt
Egypt, Ethiopia compete for US support in Nile dam file Ethiopia’s former water minister presents his credentials as a new ambassador to the United States, in a move that aims to counter Egyptian efforts to win US support to its side in the GERD dispute. Egypt
Islamic State claims attack near Suez Canal The Islamic State's attack on a water-pumping station near the Suez Canal could affect global trade. Egypt
Hope may be fading for release of Egyptian activist Alaa Abdel Fattah Alaa Abdel Fattah enters his sixth week of hunger strike. Egypt
Egypt considers issuing bonds in China’s yuan Saudi Arabia may also price oil sales in the Chinese currency. Egypt
Paymob credits Egypt’s Central Bank for successful fundraising and growth The fintech startup Paymob raised $50 million in its Series B financing round. Egypt
Egyptian political opposition prepares for national dialogue with government There are several questions among Egypt’s political circles following the president’s call for a national dialogue with opposition forces. Egypt
Egypt, EU sign development grants worth 138 million euros The European Union has provided Egypt with numerous grants in recent years, while also criticizing the country on some human rights issues. Egypt
Egyptian scientist creates new rice variety that requires less water An Egyptian scientist and head of the National Rice Development Project at the Ministry of Agriculture invented a new type of rice that does not need much water, after the Egyptian government announced that the country is suffering from water poverty. Egypt
Egypt arrests TikTokers over satirical videos on high food prices The three real estate guards' TikTok channel published two satirical videos about rising inflation rates, amid official concerns about public unrest over deteriorating economic conditions. Egypt
Abu Dhabi firm to create new shipping terminals, cruise lines for Egypt Egypt is seeking to increase revenues from its ports as the economy struggles. Egypt
