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
Will Germany freeze the arms deal with Egypt? The mutual escalation between Egypt and Germany regarding the human rights situation in Egypt and the threat to freeze the military deal agreed upon by German Chancellor Angela Merkel before her departure to Egypt raised several questions about the future of the relationship between the two countries as a new government takes over the country. Egypt
Egypt announces deal for large petrochemical production complex The new integrated complex for the production of methanol, ammonia and its derivatives in the industrial zone of Ain Sukhna, Egypt, aims to export its products with a production of one million tons of methanol and 400 thousand tons of ammonia annually. Egypt
Suez Canal to establish sovereign wealth fund The Suez Canal Authority has unveiled a plan to establish a sovereign wealth fund to shield the canal from fluctuations in global trade and crises like COVID-19. Egypt
Egypt, Russia partner to ensure food security for Africa Egypt and Russia discussed a partnership between them to establish a logistic free zone in Cairo to store grains, which would greatly contribute to food security in Egypt while also benefiting neighboring countries. Egypt
Egyptian travel companies profit on Turkey visits due to falling lira Egyptian tourism companies are seeking to take advantage of the low exchange rate of the Turkish lira to promote their programs in Turkey even after the summer season is over. Egypt
In Egypt, elation at Turkish currency crisis As Turkey faces a currency crisis, its toughest in years, Egyptians are enjoying the spectacle from the sidelines, remembering many confrontations over the past decade. Egypt
South Sudan angles for Egyptian tourism with first five-star hotel Egypt's many tourism projects in the country include building South Sudan's first five-star hotel. Egypt
Egyptians carry on tradition of entrusting savings to gold Many Egyptians see gold as the safest investment option for their savings, especially in times of economic uncertainty. Egypt
Egypt celebrates Qatar’s National Day amid improving ties Egypt’s iconic Cairo Tower lit up with Qatar’s flag colors, in the latest sign of warming relations between the two countries after years of political rift. Egypt
Egypt supports Cyprus against Turkey Egypt has criticized Turkey’s plan for a two-state peace deal on ethnically divided Cyprus. Egypt
Egypt reclaims land for new port city, but environmental concerns loom Egypt is constructing a new port city near Alexandria by reclaiming land from the Mediterranean Sea, but the project has sparked fears over negative environmental impacts. Egypt
Egypt ready to pump gas to Lebanon While Syria says the Arab Gas Pipeline on its territory is set and ready, Egypt announces that it is ready to export natural gas to Lebanon in the first quarter of 2022. Egypt
