Egypt Energy Headlines Libya

Egypt resumes electricity exports to Libya after payment deal

Egypt has resumed electricity exports to Libya after the Libyan government paid about $100 million in outstanding bills accumulated since 2023. The initial supply has been restored at a capacity of 70 megawatts, following an agreement between the two countries to settle the remaining $41 million debt by the end of 2026. The resumption of […]

Egypt Headlines Morocco

King Mohammed VI Congratulates Nabil Fahmy on Election as Arab League Secretary General

King Mohammed VI has addressed a message of congratulations to Nabil Fahmy following his election as Secretary General of the League of Arab States. In the congratulations message, the Monarch commended the confidence that member states have placed in Nabil Fahmy in recognition of the competence and managerial acuity he has demonstrated across the various […]

Africa Egypt Headlines

Egypt Detains Hundreds in Crackdown on Illegal Gold Mining at Sudan Border

Egyptian security Forces have detained hundreds of people, including foreigners, along the country’s border with Sudan in a sweeping operation targeting illegal gold mining and smuggling activities, according to a military statement. Authorities said the detainees included 87 Egyptians and 136 foreign nationals, though their countries of origin were not disclosed. The operation also led […]

Egypt Headlines Morocco

Football: Moroccan Hussein Amouta, New Coach of AlAhly

Moroccan Hussein Amouta has been reportedly named new Head coach of Egyptian club AlAhly. The Moroccan coach is expected to rebuild the club’s tactical balance and pursue domestic and continental honors after recent transitional seasons. Amouta, 57, is known for his tactical adaptability, youth development, winning mentality, regional experience, ability to unite mixed squads of […]

Africa Egypt Headlines Morocco

U17-AFCON 2026: Morocco Vs Senegal; Egypt Vs Tanzania in Semi-Finals

The U-17 Africa Cup of Nations 2026, currently held in Morocco, has reached its decisive last-four stage scheduled for May 28. The Atlas Cubs, Defending Champions, will play against Senegal, while Egypt will face Tanzania. The two semi-final matches will be played at Moulay El Hassan Stadium, Rabat. All four semi-finalists had already secured qualification […]

Asia Business Egypt Headlines

Egypt Loses $10bn in Suez Canal Revenue because of Attacks in Bab al-Mandab Strait

Egypt has lost $10 billion in revenues from the Suez Canal due to ongoing attacks on shipping in the Bab al-Mandab Strait, President Abdel Fattah el-Sisi said on Monday, May 4, during a meeting in Cairo with Mathias Cormann, 6th Secretary-General of OECD. The attacks, which began in November 2023, have significantly reduced vessel traffic […]

Egypt Energy Headlines Libya

Egypt Turns to Libyan Oil Amid Gulf Supply Disruptions

Egypt is moving to secure alternative energy supplies by negotiating imports of Libyan crude, as disruptions in Gulf shipments strain its refining capacity. Officials said, on Sunday March 29, Egypt is seeking to import at least one million barrels of oil per month from Libya, with talks underway between the National Oil Corporation and the […]

Africa Egypt Finance Headlines Morocco

Morocco Joins Egypt and South Africa as One of Africa’s Top Three Sovereign Debt Issuers in 2026

Morocco has cemented its position among the continent’s three largest sovereign debt issuers in 2026, alongside Egypt and South Africa, according to the latest S&P Global Ratings report. The ranking reflects growing market confidence in the Kingdom’s financial management and the tangible results of a sustained reform agenda pursued over recent years. The backdrop is […]

Egypt Europe Finance Headlines Morocco

Morocco and Egypt Lead African Nations as Top EIB Beneficiaries in 2025

Morocco and Egypt have emerged as the primary African recipients of European Investment Bank financing in 2025, as the EU’s financial arm deployed a record €3.1 billion across the continent through its international development branch, EIB Global — representing one third of the institution’s total disbursements outside the European Union. The investment drive, aligned with […]