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Egypt

October 9, 2024

Cairo 7:01 am

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Middle East startups see 34% uptick in global investors

Data firm MAGNiTT reported Tuesday that the Middle East far outperformed other markets and regions, including Africa and Southeast Asia, which saw steeper drops.

A Middle East Airlines commercial aircraft taking off from Beirut's international airport flies amid smoke billowing above the Lebanese capital's southern suburbs, in the aftermath of overnight Israeli airstrikes, on Sept. 28,2024.

Middle East airlines alter, axe flights following Iran missile attack on Israel

Late on Tuesday, Iran launched more than 180 ballistic missiles at Israel in what it said was in retaliation for last Friday’s assassination of Hassan Nasrallah, the chief of Lebanon-based militia Hezbollah.

A man walks near the new headquarters of Egypt's Central Bank at the New Administrative Capital megaproject about 45 kilometres east of the current capital Cairo on Aug. 1, 2023.

Analysis

Egypt-Saudi deals beckon after $5B PIF pledge but question marks cloud outlook

After a massive financial bailout powered by the UAE in early 2024, Egypt is banking on big Saudi investments that have been slow to materialize in recent years.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Turkey’s President Recep Tayyip Erdogan on Wednesday hosts Abdel Fattah al-Sisi during the Egyptian leader's first-ever Turkey visit, in Ankara, on Sept. 4, 2024.

Analysis

With reconstruction in mind, can Turkey-Egypt thaw offer lifeline for Libya?

The complex interplay of regional and international interests and entrenched divisions within Libya itself suggest that progress may be slow and difficult to achieve.

Mohamed Eljarh

By Mohamed Eljarh

Latest News

Analysis

Ethiopia’s naval ambitions, Egypt-Somalia alliance shake Horn of Africa balance

Paratroopers jump off an Egyptian C-130 Hercules military plane during the "Guardians of the Nile" joint military drill between Egypt and Sudan in the Um Sayyala area, northwest of Khartoum, on May 31, 2021.

Jonathan Fenton-Harvey

By Jonathan Fenton-Harvey

In Exmouth, reporting on North Africa and Gulf politics

Analysis

Race for historic Middle East Olympics is on post-Paris

The Olympic rings are seen during preparation works at the Eiffel Tower stadium in Paris on July 24, 2024, ahead of the Paris 2024 Olympic Games.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

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George Helmy becomes first Coptic Christian sworn into US Senate

US President Pro Tempore of the Senate Patty Murray (D-WA) swears in US Senate-Designate George Hemly (D-N.J.).

In first under Biden, Egypt to receive full military aid tied to human rights

Egyptian President Abdel Fattah El-Sisi and his US counterpart Joe Biden hold a meeting on the sidelines of the COP27 summit, in Egypt's Red Sea resort city of Sharm el-Sheikh, on Nov. 11, 2022.

Beatrice Farhat

Associate Editor (Lebanon)

In Beirut, reporting on regional news, culture, conflict

Jonathan Fenton-Harvey

In Exmouth, reporting on North Africa and Gulf politics

Mohammed Magdy

In Berlin, reporting on Egyptian politics

Ayah Aman

In Cairo, reporting on politics and culture

Salwa Samir

In Giza, reporting on politics

Nada Shaker

In Cairo, reporting on culture

Fidan

Turkey’s Fidan calls on Arab League to unite against Israel in Egypt meeting

This was the first time in more than a decade that Turkey was invited to join the summit.

Cairo money

Egypt urban inflation rises to 26.2% in August, first jump in five months

The unexpected increase in inflation comes as Egypt deals with the economic effects of the Red Sea attacks and a new cabinet in office.

Palestinian President Mahmoud Abbas holds up a Vision for Peace map while speaking at the United Nations Security Council, New York, Feb. 11, 2020.

Egypt agreed for Abbas to enter Gaza but Israel refused: Report

After rejecting a request from the Palestinian Authority to allow President Mahmoud Abbas to travel to Gaza via the Erez or Kerem Shalom crossings, Israel reportedly declined a request by Egypt to enable Abbas to enter the strip via the Rafah crossing.

Displaced Palestinians walk next to the border fence between Gaza and Egypt, on February 16, 2024 in Rafah, in the southern Gaza Strip, amid the ongoing conflict between Israel and the Palestinian Hamas militant group. Nearly 1.5 million displaced Palestinians are trapped in Rafah -- more than half of Gaza's populations -- seeking shelter in a sprawling makeshift encampment near the Egyptian border. (Photo by MOHAMMED ABED / AFP) (Photo by MOHAMMED ABED/AFP via Getty Images)

Analysis

Egypt fed up with Netanyahu, but crisis with Israel deeper than Philadelphi

Bilateral relations between Israel and Egypt have been extremely tense, mostly due to disagreement over the Philadelphi Corridor, but not only that.

Rina Bassist

By Rina Bassist

In Paris, reporting on Israeli politics and European affairs

Lt. Gen. Ahmad Fathy Khalifa, chief of staff of Egypt’s armed forces, inspects security conditions at the Egypt-Gaza border, known as the Philadelphi Corridor, on Sept. 5, 2024.

What’s behind Egyptian commander’s visit to Gaza border amid Israel spat?

Lt. Gen. Ahmad Fathy Khalifa’s visit came in response to Israel demanding control of the Philadelphi Corridor, said one expert.

China's Vice Premier Ding Xuexiang (C) delivers his speech.

At Africa summit, China elevates ties with Libya, invests $14M in Egypt

The Sino-Libyan pact was announced Wednesday by Chinese President Xi Jinping and President of the Libyan Presidency Council Mohamed al-Menfi at the FOCAC summit in Beijing.

Turkey’s President Recep Tayyip Erdogan on Wednesday hosts Abdel Fattah al-Sisi during the Egyptian leader's first-ever Turkey visit, in Ankara, on Sept. 4, 2024.

Turkey, Egypt ink 17 deals as Erdogan hosts Sisi on first visit to Ankara

The Turkish and Egyptian leaders reaffirmed their commitment to improving bilateral ties as well as increasing coordination on regional issues.

Turkey’s President Tayyip Erdogan is welcomed by Egypt's President Abdel Fattah al-Sisi at the airport in Cairo, Egypt February 14, 2024. Murat Cetinmuhurdar/Turkish Presidential Press Office

Analysis

Once sworn enemies, Egypt’s Sisi and Turkey’s Erdogan to meet in Ankara

Despite more than a decade of hostility between Turkey and Egypt, ties appear to be on an upward trajectory.

Amberin Zaman

By Amberin Zaman

In London, reporting on geopolitics, minorities, human rights, culture

Saudi Hawks

China, Russia, UAE make strong showing at Egypt International Airshow

China sent military aircraft to fly over the pyramids ahead of the event, which followed a joint naval exercise between Egypt and the People’s Republic.

A Somali National Army soldier stands at attention during the morning briefing for trainee officers at the General Dhagabadan Training Centre in Mogadishu on March 19, 2024.

Tensions surge in Horn of Africa as Ethiopia’s ambitions clash with Somalia, Egypt

Tensions in the Horn of Africa bubble following a weapons delivery from Egypt to Somalia on Tuesday and Ethiopia's accusing Somalia of colluding with foreign governments.

A military vehicle is seen at the Rafah border crossing to Gaza on October 19, 2023 in North Sinai, Egypt. The aid convoy, organized by a group of Egyptian NGOs, set off Saturday 14th October from Cairo for the Gaza-Egypt border crossing at Rafah. On October 7th, the Palestinian militant group Hamas launched a surprise attack on border communities in southern Israel, spurring the most violent flare-up of the Israel-Palestine conflict in decades. Israel launched a vast bombing campaign in retaliation and has

Egypt sends military aid to Somalia as tensions soar with Ethiopia

Tensions in the region are high following the signing of a controversial agreement between Ethiopia and the breakaway region of Somaliland as several countries including Egypt and Turkey seek a foothold in Somalia.

This undated photo taken in April 2018 shows China's sole operational aircraft carrier, the Liaoning (front), sailing with other ships during a drill at sea.

How significant is Egypt and China’s naval exercise in Mediterranean?

The exercise follows Egyptian President Sisi’s May trip to Beijing, as well as Chinese interest in Egypt’s ports and tech sector.