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

Captured Egypt soldiers return from Sudan as fighting rages

The Egyptian troops were captured by the paramilitary Rapid Support Forces battling the Sudanese army.

Egypt

Culture

Egyptian lawyer sues Netflix for depicting Cleopatra as Black woman

Many Egyptians are furious that Netflix's new series depicts its titular "Queen Cleopatra" as Black despite the ancient ruler's well-known Greek heritage.

Egypt

Turkey, Egypt inch closer to restoring ties as FMs meet in Ankara 

The former Eastern Mediterranean rivals are on the path to rapprochement, but there are no plans for the return of ambassadors as of yet.

Turkey

Here are the biggest Middle East disclosures in the leaked intel docs

Turkey, Israel and the United Arab Emirates are among the Middle East countries named in a major leak of classified US intelligence documents.

Turkey

Egypt denies report it planned to produce 40,000 rockets for Russia

Moscow has also denied the claims that President Sisi ordered the military to secretly ship the rockets to Russia.

Egypt

Egypt’s FM to visit Turkey ahead of restoration of ties: Cavusoglu

The Turkish government unleashed a fresh regional charm offensive ahead of the critical May 14 vote, as the top Turkish diplomat announced planned and potential meetings with his Egyptian and Syrian counterparts. 

Turkey

Inflation hits 33.9% in Egypt as food prices surge

Egypt’s Central Bank continues to raise interest rates amid surging inflation, but past rate hikes have failed to alleviate the situation.

Egypt

Egypt's rate hike viewed with skepticism as inflation persists

Economists question the logic behind Egypt's new interest rate hike, especially after previous raises failed to bring the inflation rate down.

Egypt

Egypt’s privatization plans stall despite growing buzz

Only a fraction of the targeted sales to Gulf investors have materialized over the last year, largely due to a general lack of agreement and volatility of the Egyptian economy

Egypt

Egypt, Sudan hold joint military drills as Nile dispute with Ethiopia drags on

The naval drills come at a time of heightened tensions with Ethiopia as Addis Ababa works toward completing the filling of its controversial Nile dam without reaching an agreement with its downstream neighbors.

Egypt