As pound improves, Egypt floats customs dollar rate

The Egyptian Ministry of Finance recently floated the customs dollar rate, after having imposed a fixed rate in 2017 in an attempt to contain prices after floating the pound.

Egypt

Investors, economists see Egypt’s new mining law as promising

Egyptian President Abdel Fattah al-Sisi approved a new law on mining that would help promote the mineral sector by attracting foreign investors and regularizing the industry.

Egypt

Gaza rockets embarrass Netanyahu, Hamas leadership

The Israeli security system has come to the conclusion that the escalation of the past few days on the Gaza border means one thing: It is now the Hamas military wing that is calling the shots, not the Hamas political leadership.

Palestine

Egypt's expansion of no-bid contracts raises ethical issues

The Egyptian government issued a decision allowing the disposal of state-owned lands through direct agreement without putting them up for public bidding, which some critics say invites corruption.

Egypt

Egypt’s support for Lebanon survives decades

During the latest cross-border fire exchanged between the Hezbollah movement and Israel in southern Lebanon, Egypt has deployed efforts to contain the situation.

Egypt

What did Sisi discuss in Kuwait?

Egyptian President Abdel Fattah al-Sisi met with Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah during a visit to Kuwait, to discuss economic and security cooperation as well as regional developments.

Kuwait

Egyptian woman's egg-freeze decision creates debate on taboo subject

A woman's public confession that she had her eggs frozen has shocked Egypt and prompted public debate about an issue rarely discussed in the highly conservative society.

Egypt

US waives human rights rules to send military aid to Egypt

The State Department has authorized the release of $1.3 billion in aid to Egypt despite human rights concerns from US lawmakers, Al-Monitor has learned.

Egypt

Despite appeal by Abbas, Egypt keeps Palestinian official's son in jail

The family of Ramy Shaath — the son of Fatah official and former Palestinian Minister of Foreign Affairs Nabil Shaath — has had no luck getting him released since he was arrested in July on what the family says are trumped-up terrorism charges.

Palestine

Why is Hamas reshuffling its security apparatus in Gaza?

Hamas sources have told Al-Monitor that operations against Israel by individuals operating independently are what led the movement to make major changes in the ranks of its security forces in Gaza.

Palestine

Egypt’s rate cut to boost property, gold and stock markets

Egypt’s central bank recently slashed key interest rates by 1.5%, triggering public concerns about a possible depreciation of the local currency.

Egypt

Digital taxation push raises eyebrows in Egypt

The Egyptian Ministry of Finance is working on a bill that will tax digital ads in Egypt, much to the concern of e-commerce enterprises.

Egypt