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 […]
Tag: Egypt
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 […]
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 […]
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 […]
Ethiopia’s Abiy in Sudan for talks with army chief in bid to end brutal war
Ethiopia’s Prime Minister Abiy Ahmed becomes the first foreign leader to visit Sudan for a meeting with army chief Abdel Fattah al-Burhan since the country’s descent into brutal conflict that has driven nearly 10 million people from their homes and created a humanitarian crisis. Abiy and al-Burhan met in Port Sudan, the new seat of […]
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 […]
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 […]
Africa’s ultra-wealthy population to grow by 65% in next decade but thousands flee their home — report
Africa has seen a rise in its number of billionaires and its millionaire population is set to rise by 65% over the next 10 years, but at the same time, about 18,700 high-net-worth individuals have left the continent between 2013 and 2023, the 2024 Africa Wealth Report reveals. Published by Henley & Partners, an international […]
The six African countries with highest debt to GDP ratios
Sudan, Cabo Verde, Mozambique, Republic of the Congo, and Egypt have been listed as countries with the highest debt to GDP ratio in the African continent. This came in a report by Yahoo Finance which listed 30 countries with the highest debt to GDP ratio. The report noted that Emerging economies and low-income economies are […]
IMF gives go-ahead for $8 billion loan to Egypt
The IMF agreed to offer Egypt a loan worth 8 billion dollars under an Extended Fund Facility to support the country’s economic stability. Following its review, the IMF noted that Egypt’s recovery was slowed by rising global inflation, foreign exchange shortages, and elevated debt levels. Egypt is also struggling with new challenges such as the […]









