Opinion | Hormuz: The ‘Gold Mine’ Strait
The statement by Mojtaba Khamenei, the Iranian Supreme Leader, that “control over the Strait of Hormuz is equivalent to possessing a deterrent power on the level of a nuclear weapon,…
Egypt, Chad leaders pledge deeper trade ties, stress regional stability at Africa-France summit
Egyptian President Abdel Fattah Al-Sisi and Chadian President Mahamat Idriss Deby committed to expanding bilateral trade and infrastructure ties, while calling for the preservation of national state institutions to counter…
Al-Sisi, Guterres tackle regional crises as Egypt backs Gulf security
Egyptian President Abdel Fattah Al-Sisi met United Nations Secretary-General António Guterres on the sidelines of the Africa-France summit in Nairobi, with talks centering on regional crises and Gulf security. …
Egypt, Kenya stress Nile water security and push to activate strategic partnership at Nairobi summit
Egyptian President Abdel Fattah Al-Sisi and Kenyan President William Ruto affirmed the need for cooperation among Nile Basin countries to safeguard mutual water security and pledged to activate a comprehensive…
Egypt’s Al-Sisi calls for end to African debt cycle as Macron unveils €23bn investment in Nairobi
Egyptian President Abdel Fattah Al-Sisi warned that a large number of African nations now spend more on debt service than on health and education combined, urging an immediate reform of…
Egypt closely monitors hijacked tanker carrying Egyptian crew near Somalia
Egypt’s Foreign Ministry announced on Monday that it is closely following the hijacking of the oil tanker M/T Eureka, which was carrying eight Egyptian sailors. The vessel was reportedly seized…
Trump rejects Iran’s demands as Tehran insists on Hormuz role, sanctions relief
US President Donald Trump has rejected Iran’s response to a US proposal aimed at ending the war, as Tehran pressed for conditions including lifting the naval blockade, easing sanctions, and…
Madbouly tours major factories, reinforces push to localize industry, expand exports
Prime Minister Mostafa Madbouly conducted an extensive tour of several industrial facilities in 6th of October City and El Sadat City, reaffirming Egypt’s commitment to strengthening local manufacturing, increasing domestic…
Beltone Venture Capital, Citadel International exit Bosta with 75% IRR
Beltone Venture Capital and UAE-based Citadel International Holdings have announced the successful exit of their joint investment in logistics startup Bosta, achieving an internal rate of return (IRR) of 75%.…
Egypt’s Damietta Port receives its largest bulk cargo of 144,780 tonnes on YANG FAN vessel
Damietta Port received the Panama-flagged bulk carrier YANG FAN carrying 144,780 tonnes of bulk slag from China, marking the largest bulk cargo load handled by the port since its establishment.…