Newsletter: FutureVerse LEAP’s comeback The fifth edition of the gathering offers a temperature check for the Gulf’s AI ambitions amid fallout from the US-Israel-Iran war. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Xi makes first Egypt visit in decade as Cairo gets caught in US-China AI row China's Huawei last month submitted a bid to build advanced AI data centers and supply more than 2,000 AI chips for Egyptian government systems. Egypt
Analysis How Ethiopia’s new dams test Egypt’s ability to defend its Nile red lines Ethiopia’s water minister has emphasized the country’s plans to move forward with new Blue Nile dam construction, leaving Egypt to contend with the potential fallout. By Eli Siegel-Bernstein
Newsletter: Business & Tech Iran keeps Hormuz reopening on hold Traffic in the Strait of Hormuz remained low, with only five commodity vessels transiting the waterway on Tuesday, according to data from maritime tracking firm Kpler. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Culture Egyptian monuments repatriated after a century Egyptian antiquities will be returned by Ireland to the Egyptian Museum in 2023, after ongoing negotiations between both sides failed in 2011. Egypt
Secondhand clothes offer Egyptians respite as inflation skyrockets With living expenses rising and temperatures dropping and inflation surging to a five-year high of 18.7%, many Egyptians are looking to buy secondhand clothes at Wekalat al-Balah, Egypt's most famous used clothing market in the center of Cairo Egypt
Egyptian official says Suez Canal 'not for sale' amid fears of foreign investment The chairman of Egypt's Suez Canal Authority has responded after a parliamentary session discussing a private fund linked to the waterway sparked widespread criticism. Egypt
Egypt raises interest rates to end 2022 Inflation continues to increase in Egypt and the Central Bank is uncertain about 2023. Egypt
Culture Egypt's few remaining Jews celebrate Hanukkah Hanukkah was celebrated amid tight security in Cairo's Meyr Biton Synagogue. Yet Magda Haroun, head of Egypt's tiny Jewish community, looks forward to the day when all of Egypt's synagogues will be open for prayer and celebrations. Egypt
China emerges as lead funder for Egypt's new administrative city This month, President Xi reaffirmed China’s commitment to the project in a meeting with Egypt's president on the sidelines of a Saudi summit. But that commitment may be tested in the coming months as Egypt’s loans come due. Egypt
Large gas field discovery brings Egypt closer to energy hub goal A newly discovered gas field is making Egypt's energy exporter hub vision more of a reality. Egypt
Egypt’s Sisi gets warm welcome at Pentagon as Cairo assumes naval role Egypt took charge of Combined Task Force 153 on Monday as the Pentagon seeks to economize its footprint in the Middle East. Egypt
World Bank says debt increasing in Middle East countries Egypt, Iran and Turkey’s debt rose significantly last year. Legacy: Gulf
Egypt’s trade with Nile Basin countries jumps amid Ethiopia dam crisis Cairo’s exports and imports with the region increased substantially in 2021, but they still represent a small portion of the total and growth remains uneven. Egypt
Biden rebooting relations with Africa at summit, ahead of 2023 visit Countries in the region have received little attention from US officials in the run-up to the meeting, as Washington neglected the continent and is lagging in its influence compared to Russia and China. Egypt
Egypt’s non-oil private sector records two years of contraction The last time the Purchasing Managers Index, which offers insight into the private sector, recorded expansion in Egypt's economy was back in November 2020. Egypt