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Egypt maintains positive outlook despite $8 billion outflow linked to Middle East tensions: Moody’s
April 4, 2026
Egypt maintains positive outlook despite $8 billion outflow linked to Middle East tensions: Moody’s
Moody’s Ratings affirmed on Friday Egypt’s long-term foreign and local currency issuer ratings at Caa1, maintaining a Positive Outlook. The…
Director Peter Jackson announces new ‘Lord of the Rings’ sequel
April 4, 2026
Director Peter Jackson announces new ‘Lord of the Rings’ sequel
Fourteen years after the conclusion of The Hobbit trilogy, director Peter Jackson has officially announced his return to J.R.R. Tolkien’s…
US consumers pay the price for Trump’s Hormuz strategy
April 4, 2026
US consumers pay the price for Trump’s Hormuz strategy
Despite President Donald Trump’s insistence that the Strait of Hormuz blockade does not affect the United States, a new report…
First Egyptian citizen dies following missile debris strike in Abu Dhabi
April 4, 2026
First Egyptian citizen dies following missile debris strike in Abu Dhabi
UAE authorities confirmed on Friday that an Egyptian national has died following an incident at the Habshan gas facilities, caused…
Iran downs second US fighter jet in single day
April 4, 2026
Iran downs second US fighter jet in single day
The New York Times, citing US officials, reports that a second US Air Force fighter jet crashed in the Arabian…
Is the ‘Blood Storm’ hitting Egypt? expert explains
April 3, 2026
Is the ‘Blood Storm’ hitting Egypt? expert explains
Over the past several hours, social media platforms have seen a surge in circulated imagery depicting a severe meteorological phenomenon…
Egypt signs lifeline million-barrel Libyan oil deal to defy Hormuz blockade
April 3, 2026
Egypt signs lifeline million-barrel Libyan oil deal to defy Hormuz blockade
Egypt is planning to import at least one million barrels of Libyan crude oil per month, Bloomberg reported. This strategic…
Wizz Air set for 300% growth in Egypt with 4-million-passenger expansion
April 3, 2026
Wizz Air set for 300% growth in Egypt with 4-million-passenger expansion
Wizz Air Holdings is accelerating its expansion within the Egyptian market as part of a strategic roadmap to increase its…
Central Bank of Egypt maintains current interest rates
April 3, 2026
Central Bank of Egypt maintains current interest rates
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided in its meeting on Thursday, to keep…
Saudi Arabia to launch world-class airport in Makkah
April 3, 2026
Saudi Arabia to launch world-class airport in Makkah
The Royal Commission for Makkah City and the Holy Sites (RCMC) has reached a pivotal milestone in its regional development…