Analysis Egypt’s stocks boom 20% as global investors bet on economic turnaround Powered by banking, tobacco and building companies, the North African country's EGX30 index has soared to new records in August. By Samuel Wendel In Washington, DC, reporting on regional business and tech
China expands auto investment in Egypt with $1B Suez tire plant Egyptian Prime Minister Mostafa Madbouly said the project aligned with his country’s strategy to localize the automotive industry and manufacturing supply chains. Egypt
$35B gas deal underscores Egypt’s energy reliance on Israel despite Gaza tensions Israel and Egypt have finalized a $35 billion gas deal that will double Israeli gas exports by 2029, highlighting Cairo’s growing energy dependence on its neighbor, even as political tensions rise over Gaza. Egypt
Turkey’s Fidan to visit Egypt with Libya, Gaza on agenda The top Turkish diplomat’s Cairo visit comes as Ankara-Cairo engagement deepens amid shifting power balances in North Africa and shared concerns over Gaza. Turkey
How Nile branch helped ancient Egyptians build Giza pyramids A group of scientists has reconstructed 8,000 years of the history of the river in the Giza floodplain to better understand how it was used to erect the iconic Pharaonic structures. Egypt
Egypt seeks two-child policy amid deteriorating economic conditions The Egyptian government renewed its call for the necessity of having two children only in order to confront overpopulation amid the harsh economic conditions plaguing Egypt. Egypt
Iran to join Shanghai Cooperation Organization Iran took a step toward joining in the Shanghai Cooperation Organization at a summit in Uzbekistan this week. Iran
Egypt to focus on water crises at COP27 Egypt plans to discuss during the COP27 the need to include the water issue in the international action related to climate change. Egypt
US releases some military aid to Egypt amid human rights concerns The administration is providing Egypt with $170 million in military assistance that Congress had made contingent on the country improving its rights record. Egypt
Egyptian pound continues to lose value Economists expect Egypt's central bank to loosen its grip on the exchange rate of the Egyptian pound in its meeting later this month, but the possible move is fraught with fears from a sharp rise in commodity prices. Egypt
Analysis Democrats push Biden to restrict Egypt’s military aid over rights abuses Egypt’s annual military assistance is shaping up to be another test of the administration’s ability to balance human rights considerations with American strategic interests. By Elizabeth Hagedorn In Washington, DC, reporting on diplomacy, regional politics, human rights
Egypt's journalism crackdown continues despite 'national dialogue' The Egyptian authorities' crackdown on Mada Masr has been criticized by civil society groups. Egypt
Egypt's 'national dialogue' set to finally start next month Five months after its announcement, the national dialogue between the government and the opposition in Egypt is set to start in the coming weeks. Egypt
Meet Cairo’s first female metro train drivers The Cairo Metro has recruited two female train drivers, a novelty in a country where similar jobs are rarely assumed by women. Egypt
Egypt enlists Australian company to help develop green hydrogen project Green hydrogen is receiving more attention in Egypt ahead of the upcoming UN climate change conference in Sharm el-Sheikh. Egypt
