Bitcoin jumps 3% on Iran ceasefire proposal as short squeeze hits crypto market

Bitcoin climbed approximately 3 percent to trade near $69,200 on Monday, lifted by reports of a last-minute diplomatic initiative between the United States and Iran and a wave of forced liquidations that punished bearish traders across crypto markets. The rally, which pushed the leading cryptocurrency to its highest level in more than a week,......

Akhannouch visits Cairo to strengthen Morocco Egypt cooperation

Moroccan Head of Government Aziz Akhannouch arrived in Cairo on Sunday leading a high-level ministerial delegation aimed at cooperation between Morocco and Egypt. During the visit, Akhannouch is set to co-chair the first session of the Morocco-Egypt Coordination and Monitoring Committee alongside Egyptian Prime Minister Moustafa Madbouli.......

War pressures Egypt’s private sector as PMI falls to near two-years low

Egypt’s non-oil private sector showed signs of renewed strain in March, as rising regional tensions and economic pressures weighed heavily on business activity. According to data from S&P Global, the country’s Purchasing Managers’ Index (PMI) declined for the fourth consecutive month, reaching its lowest level in nearly......

Egypt engages in diplomatic talks with US and regional powers to ease tensions

Egypt has intensified its diplomatic efforts to promote regional stability through a series of high-level discussions with international and regional partners. According to official statements, Egyptian Foreign Minister Badr Abdelatty held separate calls with U.S. envoy Steve Witkoff and several regional officials, including Iranian Foreign......

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