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Ethiopia’s multibillion dollar Bishoftu hub aims to reshape African aviation

About forty kilometres south of Addis Ababa, Ethiopia has begun building one of the most ambitious aviation projects ever attempted on the continent: Bishoftu International Airport, a new mega hub designed to anchor the future growth of Ethiopian Airlines and entrench the country’s role as Africa’s main gateway. At a groundbreaking......

Morocco tests digital dirham for cross-border payments

Morocco has begun cautious but concrete trials of a central bank digital currency, as Bank Al‑Maghrib pilots a digital dirham for peer‑to‑peer and cross‑border transactions. Governor Abdellatif Jouahri has described the initiative as a strategic, gradual shift in payment infrastructure, supported by analytical work conducted with the......

Global finance braces for mounting Iran crisis risks

Banks, hedge funds and insurers spent the weekend racing to map out their exposure to the Middle East as the escalating confrontation between Iran, the United States and Israel disrupted markets, travel and business operations across the Gulf. The latest round of strikes, which hit targets in the United Arab Emirates and other Gulf states,......

Israeli airstrikes kill seven Palestinians as Gaza truce weakens

At least seven Palestinians were killed on Friday in Israeli airstrikes across the Gaza Strip, as violence intensified despite a fragile ceasefire that has largely held since October. The strikes hit police checkpoints and residential areas, raising fresh doubts about the sustainability of the truce negotiated with U.S. support. Health officials......

Egypt and Israel edge into new Horn of Africa standoff over Somalia

Egypt and Israel are locked in a sharpening regional contest centered on Somalia and the wider Horn of Africa, as Cairo expands its military footprint in the country in response to Israel’s recognition of the breakaway region of Somaliland. An assessment by the Hebrew-language outlet Natsiv Net, shared by regional media, argues that......

Australian police recover ancient Egyptian artifacts after museum break in

A 52 year old Venezuelan man appeared in an Australian court on Monday after allegedly stealing ancient Egyptian artifacts from a Queensland museum and wrapping them in his national flag, claiming he believed it was his duty to return them to their rightful place. Miguel Simon Mungarrieta Monsalve was denied bail at Cleveland Magistrates......

UK chairs first UN talks with Israeli and Palestinian officials since October 7

Foreign ministers gathered Wednesday at the United Nations for a Security Council ministerial session on the situation in Palestine, as international pressure mounts over recent Israeli measures expanding control in the occupied West Bank. The meeting, chaired by British Foreign Secretary Yvette Cooper in her capacity as president of the......

Dollar sentiment hits 14 year low as BRICS advance payment network

Investor sentiment toward the US dollar has fallen to its most bearish level in more than 14 years as the BRICS bloc steps up efforts to develop a cross border payment system aimed at reducing reliance on dollar dominated financial channels. The initiative builds on Brazil’s instant payment platform Pix and a decentralized messaging......

Arab and Islamic ministers condemn Israeli West Bank land designation

Foreign ministers from Saudi Arabia, Jordan, the United Arab Emirates, Qatar, Indonesia, Pakistan, Egypt and Türkiye have denounced Israel’s decision to designate large areas of the occupied West Bank as state land and to initiate comprehensive land registration there for the first time since 1967. In a joint statement, the ministers......

Saudi and Emirati ambitions turn quiet competition into open rivalry

What began as a discreet race for influence between Riyadh and Abu Dhabi has evolved into an overt strategic rivalry that is reshaping regional balances without a shot being fired, yet at a potentially high long term cost for both sides. For general readers, policy analysts and investors following Gulf politics and economics, the emerging......

Egypt uncovers 10,000 year old rock art site in Sinai

Egyptian archaeologists have discovered a previously unknown prehistoric rock art site in southern Sinai that preserves nearly 10,000 years of human artistic expression, the Ministry of Tourism and Antiquities announced on Thursday. The site, located on the Umm Arak plateau, features hundreds of paintings, engravings and inscriptions spanning......

Egypt appoints new defense minister in last-minute government shake-up

Egyptian President Abdel Fattah al-Sissi appointed a new Defense Minister on Wednesday during the swearing-in ceremony of the country’s newly reshuffled government, in a surprise move that was not announced in advance. General Ashraf Salem Zaher, former director of the Egyptian Military Academy, succeeds General Abdelmeguid Saqr in leading......

Mirna El Mohandes dies at 39 after long battle with colon cancer

Mirna El Mohandes, the Egyptian actress whose gentle screen presence and romantic roles left a lasting mark on television and cinema, died on August 5, 2015, after a prolonged struggle with colon cancer. She was 39. Born on May 3, 1976, in Cairo, her life and career unfolded alongside decades of chronic illness that shaped both her professional......

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