Egypt urges BRICS to deepen financial ties after Trump threatens tariffs

Egyptian Prime Minister Mustafa Madbouly said that due to the global decline in multilateralism and crises engulfing the world, members of the bloc of developing nations should bolster their financial and economic ties.

Egypt

Interview

How Red Sea attacks prepared Egypt’s economy for future shocks

The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.

Hisham Ezz Al-Arab

CEO, Commercial International Bank

Analysis

At Brazil summit, BRICS welcomes new Middle East members as divisions continue

A year after formally joining at the Kazan summit, Iran, Egypt and the UAE attend their first BRICS summit hosted outside Russia — as Saudi Arabia continues to weigh whether to join.

By Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Analysis

Gulf bets on LNG boom power ahead amid regional energy shifts, war risks

Gulf oil powers are emerging as key LNG players, leveraging rising consumer demand to justify strategic global gas investments and to scale up their own LNG production at home.

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Newsletter: China-Middle East

As Sisi avoids Washington visit, Egypt courts China's tech giant Huawei

Egypt — whose president, Abdel Fattah al-Sisi, has visited Russia and China over the past five years but not Washington — is once again looking to China to boost its economy.

By Joyce Karam , Rosaleen Carroll

Cautious optimism around Israel-Hamas ceasefire deal but hurdles remain

The latest Qatari outline is based on a previous US proposal and has Israel somewhat hopeful for a deal with Hamas.

Palestine

Huawei explores Egypt partnership as electricity minister visits China

Egypt's electricity and renewable energy minister met with a range of high-level officials and business leaders while on a visit to the Asian country over the past week.

Egypt

Analysis

Egypt weathers Israel-Iran war blow as energy woes strain economic revival

In the wake of regional hostilities rattling markets, Egypt ranks among the most exposed to aftershocks as energy insecurity continues to threaten its ongoing economic turnaround.

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

As Iran ceasefire holds, Israel gas fields resume production: What to know

Egypt and Jordan are increasingly reliant on Israel for gas despite tensions over Gaza, but the conflict with Iran threatened their imports.

Israel

Israel closes Leviathan gas field after strikes on Iran, cutting supply to Egypt

The shutdown comes after Israel launched a series of air strikes on Iranian military and nuclear sites as well as key nuclear scientists and officials.

Israel

Analysis

North Africa’s rail race spurred by World Cup, trade and bullet trains

Algeria, Egypt, Morocco and Tunisia are betting on high-speed rail, long-distance routes and expanded networks to improve their economic outlook and project power.

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

In photos: Muslims kick off Eid al-Adha across the Middle East

The holiday’s arrival cast a spotlight on deepening humanitarian crises, leadership transitions and shifting regional dynamics.

Saudi Arabia