Maersk resumes Red Sea passage after two-year halt amid easing Houthi threat A ceasefire reached between Israel and Hamas in October has prompted some shipping companies to consider resuming services, but security concerns persist. Yemen
Analysis How Netanyahu ceded to Trump, agreed to Egypt's $35B gas deal The Israeli prime minister's frustration with Trump administration strong-arming continues, with pressure to sign Egypt gas deal and now a reported push for Sisi meeting. By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Egypt lands $572M UAE-backed solar deal, expanding Gulf's clean-energy footprint Gulf companies have been increasing their investments in North African renewable energy. Egypt
Israel's Netanyahu approves $35B natural gas megadeal with Egypt Prime Minister Benjamin Netanyahu announced Israel will sell Egypt natural gas worth $35 billion, in the biggest-ever deal of its kind for the country. Israel
Analysis Trump’s Muslim Brotherhood move reignites Israel’s battle over Raam By Rina Bassist In Paris, reporting on Israeli politics and European affairs
MidEast freedom rankings: Syria worst, Tunisia in decline, says Freedom House Syria remains to be the least and Israel the best performing country when it comes civil and political freedoms while the biggest one-year decline has been observed in Tunisia. Turkey
Inflation in Egypt at 32.9% in latest spike The Egyptian government’s inflation statistics in February could prompt an interest rate increase when the central bank next meets. Egypt
UAE, Egypt to develop major green hydrogen project in Mauritania The UAE is interested in Africa's green hydrogen potential, but the lack of development in the country could prove challenging. Legacy: Gulf
Train crash in Egypt leaves 4 dead, 23 injured Train crashes are not uncommon in Egypt, where the railway system is plagued by years of neglect. A new high-speed rail system could soon come to the country, however. Egypt
Egypt seeks to attract Islamic investors with debut sukuk, EGX Sharia index While the move to allow Islamic bond sales will diversify the government's funding sources, Islamic finance is still a relatively small part of the Egyptian economy. Egypt
Return of hot money foreshadows even more debt for Egypt Egypt has witnessed a large inflow of short-term debt in recent weeks. Al-Monitor Pro explains why the government hasn't been able to wean itself off of "hot money" and the economic impact. Marc Español
Egypt, Russia find opportunity in crisis Analysts say boosting trade between Russia and Egypt in the ruble and the pound is a win for both countries amid Western sanctions on Moscow and the dollar crunch in Egypt. Egypt
Breaking | Last Updated: March 2, 2023, 2:44 pm Pentagon chief Lloyd Austin to visit Israel, Jordan, Egypt The Pentagon chief's second tour of the Middle East comes as diplomatic efforts to return to the 2015 Iran nuclear deal appear to have run out of gas. Legacy: Gulf
New World Bank grant to help Egypt manage Cairo's air pollution A 2022 report published by the American University of Cairo described Cairo's air quality as a "direct threat to public health.” Egypt
UAE, Egypt, Jordan, Bahrain sign 12 industrial agreements worth $2 billion The third Higher Committee Meeting of the Industrial Partnership for Sustainable Economic Development wrapped up in Amman with 12 new agreements on industrial projects. Legacy: Gulf
Egypt's FM Shoukry visits Syria, Turkey in renewed earthquake diplomacy The top Egyptian diplomat's visit to Syria and Turkey marks a first after almost a decade. Egypt
Egypt’s inflation to remain above central bank target in 2023 Inflation in Egypt will most likely continue to rise in the coming months to peak above 30% by mid-year, well above the government’s target. Marc Español