Egypt Emerging Markets Headlines Technology

WIPO: Egypt in the top 100 global science and technology clusters

Egypt has secured the 95th rank in the top 100 science and technology clusters in the 2024 Global Innovation Index. This recognition positions Cairo as the only North African cluster on the list, according to the World Intellectual Property Organization (WIPO) report. The report noted that from 2019 to 2023, Cairo filed 166 patent applications […]

Egypt Features Headlines

Egypt says it will not accept Israeli presence on its border with Gaza

A media outlet close to the Egyptian intelligence services reported, on Monday August 26,  that Egypt has firmly declared it will not accept any Israeli military presence along its border with the Gaza Strip. This stance was communicated through a senior source to Al-Qahera News. Egypt, which plays a crucial role as a mediator in […]

Egypt Features Headlines

Cairo criminal appeal court acquits Uber driver of attempted kidnap of Habiba Al-Shamaa

On August 22, 2024, a Cairo criminal appeal court acquitted an Uber driver of attempting to kidnap 24-year-old Habiba Al-Shamaa, who tragically died after jumping from his moving vehicle. However, the driver was sentenced to five years in prison for drug possession and use. This decision can be appealed, with the Court of Cassation holding […]

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Egypt, EU to implement €8M program to support industry

The Egyptian Government has secured an €8 million agreement with the European Union (EU) through the EU Tigara program to enhance trade, industry, and market access. According to the Ministry of Planning and International Cooperation, the initiative aims to strengthen Egypt’s enterprise growth and trade mechanisms, while boosting the involvement of small and medium-sized Egyptian […]

Africa Business Egypt Emerging Markets Headlines International Morocco

African Nations Make Waves in Global Service Exports

Imagine booking a safari in Kenya, outsourcing IT work to Egypt, or enjoying a Moroccan-designed app on your phone. Sounds like a typical day in our interconnected world, right? Well, it’s more significant than you might think. In a surprising turn of events, three African countries have muscled their way into the world’s top 40 […]

Egypt Headlines Libya

Libya: Tripoli-based government rejects Egypt’s hosting of rival PM, expels two diplomats

Tripoli has decided to expel two Egyptian diplomats, giving them three days to evacuate Libyan territory, triggering a diplomatic crisis between Tripoli and Cairo. The decision was made following Mohamad Hamad’s first trip to Egypt as Prime minister of the Benghazi-installed parallel government. The Prime minister of eastern Libya, whose government is chosen by Parliament […]

Egypt Headlines International Morocco

Morocco’s Football Olympic Team make history with stunning victory over Egypt, win bronze medal

Morocco won their first-ever medal at the Men’s Olympic Football Tournament with a stunning victory over Egypt. The Atlas Lions thrashed Egypt 6-0 on Thursday to finish third at the Men’s Olympic Football Tournament Paris 2024. The Moroccans won the bronze medal. Their third-place at the Paris Olympics is an important achievement, after finishing fourth […]

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Egyptians fret about Ethiopia Nile dam filling

Worry grips Egyptian officials who fear a natural disaster as Ethiopia prepares to fill its giant Nile dam, the Great Renaissance Dam, for the fifth time, without any coordination with downstream countries, Egypt and Sudan. Egypt has for long expressed concern at the dam, while Ethiopia argues that the water-sharing deals signed under the colonial […]

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US, Egypt put forward initiatives aimed at peaceful resolution of Sudan conflict

A slew of new peace initiatives have been put forward to end the armed conflict in Sudan, including by the United States and Egypt. US Secretary of State Antony Blinken Tuesday (28 May) held a phone call with Sudan’s army chief Abdel Fattah al-Burhan to find ways to “urgently end the conflict in Sudan and […]

Africa Algeria Business Egypt Headlines International Morocco

Egypt, Algeria, Morocco, Nigeria among largest global wheat importers

Egypt will be the largest global wheat importer in 2024/25 (July-June) as the country recovers from a foreign exchange reserve crisis and seeks to rebuild inventories, the US department of agriculture USDA said. “In addition to wheat milled for domestic use, Egypt is also expected to continue exporting some wheat flour to nearby countries such […]