IMF slashes Mideast outlook by nearly 3 points as Iran war hits economies The International Monetary Fund cut gross domestic product forecasts for the Middle East and North Africa, with the fallout from the conflict exposing stark divergences between the region’s energy exporters and importers. Iran
Analysis Egypt eyes energy breakthroughs as Iran war deepens gas crunch Among countries outside the Gulf conflict's direct line of fire, few have felt the shockwaves as acutely as Egypt. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Hostage to Hormuz, can Gulf rewire future energy flows to bypass Iran’s chokepoint? As the US-Israel-Iran war disrupts around 20% of global oil supply, experts point to opportunities and challenges facing a renewed push to develop alternatives to the Strait of Hormuz. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Israel energy minister says gas flowing to Egypt, Jordan despite shutdown reports Israeli Energy Minister Eli Cohen told Al-Monitor that despite security concerns and partial shut down of marine gas platforms, Israel continues to supply gas to Egypt, Jordan and Israeli consumers. Israel
Analysis Oil-rich Gulf states could face power crunch as Iran war hits energy security By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Oil crisis stokes inflation risks for Mideast as Iran war exposes importers By Samuel Wendel In Washington, DC, reporting on regional business and tech
Ethiopia to supply South Sudan with electricity, as Nile dam talks continue to falter Ethiopia plans to export electric power to South Sudan as part of an electrical interconnection project between the two countries, as negotiations with Sudan and Egypt on Ethiopia’s controversial dam on the Nile River are at a dead end. Egypt
Ukraine war drives more traffic to Egypt's Suez Canal, increasing revenues Although Egypt is being adversely affected by the war in Ukraine, the Suez Canal is benefiting greatly from Western countries sailing into the Gulf in search of oil. Egypt
Egypt, Ethiopia compete for US support in Nile dam file Ethiopia’s former water minister presents his credentials as a new ambassador to the United States, in a move that aims to counter Egyptian efforts to win US support to its side in the GERD dispute. Egypt
Islamic State claims attack near Suez Canal The Islamic State's attack on a water-pumping station near the Suez Canal could affect global trade. Egypt
Hope may be fading for release of Egyptian activist Alaa Abdel Fattah Alaa Abdel Fattah enters his sixth week of hunger strike. Egypt
Egypt considers issuing bonds in China’s yuan Saudi Arabia may also price oil sales in the Chinese currency. Egypt
Paymob credits Egypt’s Central Bank for successful fundraising and growth The fintech startup Paymob raised $50 million in its Series B financing round. Egypt
Egyptian political opposition prepares for national dialogue with government There are several questions among Egypt’s political circles following the president’s call for a national dialogue with opposition forces. Egypt
Egypt, EU sign development grants worth 138 million euros The European Union has provided Egypt with numerous grants in recent years, while also criticizing the country on some human rights issues. Egypt
Egyptian scientist creates new rice variety that requires less water An Egyptian scientist and head of the National Rice Development Project at the Ministry of Agriculture invented a new type of rice that does not need much water, after the Egyptian government announced that the country is suffering from water poverty. Egypt
Egypt arrests TikTokers over satirical videos on high food prices The three real estate guards' TikTok channel published two satirical videos about rising inflation rates, amid official concerns about public unrest over deteriorating economic conditions. Egypt
Abu Dhabi firm to create new shipping terminals, cruise lines for Egypt Egypt is seeking to increase revenues from its ports as the economy struggles. Egypt