Tuesday 07 - 17:20
Six weeks into the war between the United States, Israel, and Iran with no ceasefire in sight, Asia, the destination for roughly 90 percent of the oil and 83 percent of the liquefied natural gas that normally transits the Strait of Hormuz, is bearing the heaviest economic toll of a conflict it did not start. Iran effectively closed the strait......
The six-week-old war between the United States, Israel, and Iran has produced the worst oil supply crisis in modern history, drawing warnings from economists and international institutions that the world faces a growing risk of stagflation and recession if the Strait of Hormuz remains closed. The International Energy Agency described the......
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,......
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.......
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 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......
A month into the U.S.-Israeli military campaign against Iran, the effective closure of the Strait of Hormuz has disrupted African fuel markets, leaving countries from Kenya to Nigeria grappling with fuel shortages, soaring prices, and emergency rationing measures that threaten to deepen poverty across the continent. Around 600,000 barrels......
Egypt’s President Abdel Fattah al-Sisi called on U.S. President Donald Trump to halt the ongoing conflict in Iran, warning that oil prices could surpass $200 per barrel. Speaking at the Egypt Energy Show 2026 in Cairo, Sisi emphasized that only international leadership could prevent the war from escalating in the Gulf region. Highlighting......
Former Egyptian Foreign Minister Nabil Fahmy was unanimously appointed on Sunday as the Secretary-General of the Arab League. His nomination will be formally confirmed by Arab ministers at the next summit in Saudi Arabia, with his term beginning on July 1 for a five-year mandate. Fahmy, who served as Egypt’s foreign minister from June......
Italian engineer Filippo Biondi has claimed that his team has detected what they believe is a second Sphinx buried under the Giza Plateau. Using satellite‑based radar technology, the researchers say they have identified subsurface structures that mirror the layout already visible beneath the existing Great Sphinx. Biondi set out the idea......
The Egyptian government announced a new commercial curfew starting Saturday, requiring shops, restaurants, and shopping centers to close at 9 p.m. on weekdays, as part of emergency measures to curb soaring energy costs. The restrictions will initially last one month, according to Prime Minister Mostafa Madbouly. The curfew will not apply......
The European Bank for Reconstruction and Development cautioned Tuesday that the ongoing Middle East conflict threatens economic growth across its regions. Higher energy costs, supply chain disruptions, and tighter financial conditions pose risks. Forecasts could drop 0.4 percentage points if oil prices stay elevated. In its report "Potential......
Asian stock markets declined and oil prices rose on Thursday after Iran rejected a US-backed ceasefire proposal, dimming hopes for a swift resolution to the conflict now entering its fourth week. Japan’s Nikkei 225 slipped 0.3 percent, while South Korea’s Kospi dropped 1.9 percent. Hong Kong’s Hang Seng fell 1.4 percent......
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GITEX Africa: The New Frontiers Of African Innovation
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Les Impériales Week 2026: Under the Theme “Daba or Never”
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Iran under the lens
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AFCON 2025: Morocco at the heart of African football
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Walaw at the Heart of the Mawazine Festival – Rhythms of the World 2025
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