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 […]

Americas Asia Egypt Headlines

Egypt Urges Renewed US–Iran Nuclear Talks Amid Rising Regional Tensions

Egyptian Foreign Minister Badr Abdelatty has called for renewed dialogue between the United States and Iran over Tehran’s nuclear programme, warning that further escalation could destabilize the Middle East. He made the appeal during separate phone calls on Wednesday, January 28, with Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al Thani and Omani […]

Egypt Headlines Technology

Egypt: Parliament Backs Draft Law to Regulate Children’s Use of Social Media

The Egyptian House of Representatives has welcomed a draft law aimed at regulating children’s use of social media, a move that follows President Abdel-Fattah El-Sisi’s call, one day earlier, for the Government and Parliament to study UK and Australian legislation restricting minors’ access to digital platforms. The House said in a statement the initiative reflects […]

Egypt Features Headlines

Egypt Customs Partners ECS to Fast-Track Trade Clearance and Boost Investment Drive

Egypt’s Customs Authority has signed a cooperation agreement with the Export Credit Services (ECS) aimed at accelerating customs clearance procedures and strengthening verification processes for imported goods, as part of broader efforts to modernise trade facilitation and enhance the investment climate. Under the agreement, customs officials will deploy ECS systems to streamline clearance, drawing on […]

Egypt Europe Finance Headlines

EU Disburses €1bn Second-Phase Macro-Financial Support to Egypt Following Reforms

Egypt has received €1 billion in concessional development financing from the European Union, marking the first tranche of the second phase of the EU’s macro-financial assistance (MFA), announced on Thursday by Minister of International Cooperation, Rania Al-Mashat. The disbursement follows the implementation of 16 economic and structural reforms aimed at strengthening macroeconomic stability, improving public […]