Newsletter: FutureVerse LEAP’s comeback The fifth edition of the gathering offers a temperature check for the Gulf’s AI ambitions amid fallout from the US-Israel-Iran war. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Xi makes first Egypt visit in decade as Cairo gets caught in US-China AI row China's Huawei last month submitted a bid to build advanced AI data centers and supply more than 2,000 AI chips for Egyptian government systems. Egypt
Analysis How Ethiopia’s new dams test Egypt’s ability to defend its Nile red lines Ethiopia’s water minister has emphasized the country’s plans to move forward with new Blue Nile dam construction, leaving Egypt to contend with the potential fallout. By Eli Siegel-Bernstein
Newsletter: Business & Tech Iran keeps Hormuz reopening on hold Traffic in the Strait of Hormuz remained low, with only five commodity vessels transiting the waterway on Tuesday, according to data from maritime tracking firm Kpler. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Russia, South Korea cooperate on Egypt’s Dabaa nuclear plant South Korea has won a $2.25 billion deal to construct turbine buildings for Egypt’s first nuclear power plant in Dabaa, which Russia is currently constructing. Egypt
Saudi firm Alfanar to build green hydrogen plant in Egypt Saudi Arabia is helping Egypt boost its renewable energy capabilities. Egypt
Egypt to issue bonds in China’s currency yuan The US dollar may be losing its dominance in the Middle East to the yuan. Egypt
Egypt looks further afield for wheat Egypt recently bought 240,000 tons of wheat from Russia directly, as the government continues to work on plans to avert a food crisis and preserve local supplies. Egypt
Culture Egypt restores massive statue of King Thutmose II Within the scope of the Ministry of Tourism and Antiquities’ efforts to restore monuments and paintings at the Karnak Temple complex in Luxor, the Supreme Council of Antiquities completed the restoration work of the statue of King Thutmose II on the southern facade of Karnak. Egypt
Cairo evicts Nile island residents for development project Egyptian security forces and residents of the Nile River's Warraq Island are clashing as the government tries to evict them as part of a development plan. Egypt
Egypt hosts five-state Arab summit The recent summit hosted by Egypt between the leaders of five Arab countries may serve as a prelude to more joint action on security and economic development. Egypt
Egypt rethinks water strategy, starting with new irrigation minister Egyptian President Abdel Fattah al-Sisi has appointed a new irrigation minister with wide experience in water resources in the context of the Nile crisis. Egypt
Egypt attracting more investment from Arab states Saudi Arabia and the UAE have invested heavily in Egypt recently, and Qatar may soon follow. Egypt
Israel to invest more in Egyptian renewable energy projects Israel plans to invest more in the field of power generation with renewable energy in Egypt, after two Israeli companies announced a major plan to carry out several projects to this effect. Egypt
South Korea to work with Russia on Egypt’s first nuclear power plant The move further cements Egypt and South Korea’s strong economic and defense ties. Egypt
Egypt builds virtual hospital to reach remote Sinai patients Cairo is building a virtual hospital connected to mobile clinics to serve the Bedouin communities in South Sinai. Egypt
