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
China's Xi to visit Egypt for first time in decade as military, Huawei ties grow The visit comes as Chinese telecoms giant Huawei seeks to supply more than 2,000 advanced AI chips for Egyptian government data centers. Egypt
Eni presses ahead with Egypt gas projects as war raises investment risks Egyptian President Abdel Fattah el-Sisi met with Eni CEO Claudio Descalzi on Tuesday, with the Italian energy giant revealing it could make a crucial investment decision in coming months. Egypt
China holds second air drill with Egypt: What to know China is seeking to strengthen ties with Egypt and Gulf states, including via joint air drills. Egypt
Analysis How Israel's rivalry, defense deals prompted Turkey to join Mecca pact By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Newsletter: Daily Briefing Israel moves against West Bank settlers after Huckabee criticism By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Major bitcoin fraud case rattles Egypt Hundreds of Egyptians were swindled by an international crypto mining company, raising controversy over the digital currency that has grown in popularity in cash-strapped Egypt. Egypt
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
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
