Africa Business Features Finance Headlines International

AfDB’s stormy forecast: 21 African currencies set to weaken against U.S. dollar in 2025

A new report from the African Development Bank (AfDB) warns that 21 out of 54 African currencies are projected to depreciate against the U.S. dollar in 2025, highlighting continued economic vulnerability across the continent. Major economies like Nigeria, Egypt, Ethiopia, and Ghana are expected to see currency losses of 6% or more, driven by declining […]

Egypt Headlines Morocco

Egypt’s President sends message to King Mohammed VI

President Abdel Fattah El-Sisi has sent a written message to King Mohammed VI. The message was handed over by Egyptian Foreign Minister Badr Abdelatty to Moroccan peer Nasser Bourita during a meeting held Wednesday in Rabat. The two officials discussed bilateral relations, cooperation prospects in various sectors, coordination of stands regarding issues of common interests […]

Business Culture Egypt Emerging Markets Headlines Mauritania

Mauritania and Egypt forge forward-looking alliance

After nearly two decades of dormancy, Egypt and Mauritania have reactivated on May 27 their bilateral cooperation mechanism through the revival of the Joint Committee, signaling a strategic commitment to developmental diplomacy and South-South collaboration. The second session of the Committee, held in Nouakchott, underscored a shared ambition to recalibrate bilateral ties in line with […]

Africa Business Egypt Emerging Markets Headlines International Morocco

Attijariwafa Bank’s Development Club holds 41st multisector mission in Egypt

Attijariwafa bank’s Club Afrique Développement (CAD) successfully conducted its 41st multisector mission in Egypt on May 14-15, 2025. Organized in partnership with Attijariwafa bank Egypt, the event brought together over 300 top economic and institutional decision-makers from 12 African countries, reinforcing the Club’s pivotal role in developing intra-African trade. The mission attracted delegates from Cameroon, […]

Egypt

Egypt: Lawyers begin 48-hour strike to protest new litigation fees

Attorneys throughout Egypt began a two-day general strike on Sunday in accordance with the Lawyers Syndicate’s resolution to protest the rise in litigation fees, and refuse to appear at hearings in any of the country’s criminal courts. The syndicate confirmed in a statement on Sunday that anyone who attends the sessions in violation of the […]

Asia Egypt Features Headlines International

Egypt and China conduct historic joint air drills, marking a strategic shift

In a resounding display of military synergy and diplomatic recalibration, Egypt and China have concluded on May 6 their first-ever joint air force exercise—Eagles of Civilization 2025—signaling a transformative turn in defense alignments across North Africa. Against the backdrop of Egypt’s desert, Chinese fighter jets, helicopters, and transport aircraft soared alongside Egyptian squadrons, marking a […]

Egypt Energy Headlines

Egypt rebuts fuel contamination claims amid motorists’ rising concerns

In the face of mounting public disquiet and a swirl of viral online allegations, Egypt’s Ministry of Petroleum has firmly dismissed claims that tainted petrol is wreaking havoc on car engines across the country. Responding to a wave of social media posts depicting corroded fuel tanks and vehicle breakdowns—particularly those attributed to 92 and 95-octane […]

Algeria Columns Egypt Headlines Maghreb

Egypt refuses to participate in Algeria’s military exercise due to Polisario presence

Egypt has decided to skip the military exercise which the Algerian regime is planning to organize May 21 to 27 on its territory due to the participation of the Algeria-backed Polisario militias in the drills, according to press reports. Cairo’s refusal to participate in the military maneuvers dealt a hard blow to the Algerian junta […]

Business Egypt Emerging Markets Headlines Morocco

Moroccan exporters visit Egypt to strengthen trade relations

A delegation of 35 Moroccan business leaders visited Cairo this weekend to attend the Morocco-Egypt business forum meant to explore new trade opportunities and strengthen commercial ties, according to the Moroccan Confederation of Exporters (ASMEX). The three-day mission (May 3-5) aims to promote “Made in Morocco” products in the Egyptian market. “This mission is the […]

Africa Egypt Emerging Markets Headlines International

Egypt, Comoros forge strategic front as Africa grapples with shared crises

In a display of continental solidarity, Egyptian President Abdel-Fattah El-Sisi and his Comorian counterpart, President Azali Assoumani, convened a meeting in Cairo on Sunday, May 4, to underscore the urgency of a harmonized African voice amid escalating regional challenges. Against a backdrop of persistent instability in Gaza, Sudan, and the Horn of Africa, the two […]