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The Latest Breaking News from Egypt

Fitch Urges Egypt To Sustain Reforms For Credit Rating

Fitch Ratings emphasizes Egypt's need to sustain economic reforms for potential credit rating upgrade.

Top News

Palestinians who had Australian visas cancelled mid-flight are ‘collateral damage’, charity group says

At least 70 people have had to cancel or postpone travel while one man remains stuck in an Istanbul airport

The Guardian - AU

EU president and EU leaders to travel to Egypt for Tunisia-style migration deal

European Commission President Ursula von der Leyen will visit Cairo on Sunday, 17 March, accompanied by Greek, Belgian and Italian heads of government. The aim of the visit is to a multi-faced deal that includes attempts to curb migration flows into Europe. But critics have their doubts.

Radio France Internationale

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Liverpool tipped to close friend of Mohamed Salah, as first Xabi Alonso signing: report

Liverpool are said to be weighing up a move for the in-form Egyptian forward

FourFourTwo

Australia to investigate how Palestinians crossed Gaza border after government suspends visas

Home affairs investigating how some Palestinians crossed from Gaza into Egypt ‘without explanation’

The Guardian - AU

Patronage Or Conquest? Saudis Move In On Egypt's Culture

Saudi largesse is flooding Egypt's cultural scene, but the reception is mixed.

International Business Times

Egypt Urges Increase In Humanitarian Aid To Besieged Gaza

Egypt's plea for increased humanitarian aid to Gaza amidst food shortages and military tensions, highlighting the urgent need for international assistance.

Top News

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Three Egyptian Coptic Orthodox monks killed in South Africa monastery

A 35-year-old male suspect has been arrested but police say the motive for the fatal stabbings is still unclear.

Al Jazeera

With aid headed to Gaza, risks remain to getting food to its starving population

An Israeli strike hit a food distribution center, killing a U.N. relief worker — a sign of the heightened dangers and challenges of bringing much-needed aid into Gaza during the war.

WEKU

European Commission accused of ‘bankrolling dictators’ by MEPs after Tunisia deal

Members of justice committee say €150m in EU funding went straight to country’s president, Kais Saied

The Guardian - UK

Remembering El Rayes Zakaria, Egypt’s folk music revolutionary giant

Zakaria Ibrahim’s life saw the rise and fall of simsimiyya music in Port Said, before its reemergence in the revolution.

Al Jazeera

Jpmorgan Predicts 200 Bps Rate Hike In Egypt

JPMorgan predicts a 200 basis points rate hike in Egypt due to surging inflation, highlighting the urgency of addressing inflation concerns for economic st...

Top News

Maritime corridor to Gaza no substitute for aid delivery by land, UN says

Senior United Nations officials on Tuesday welcomed the opening of a maritime corridor from Cyprus to deliver additional aid to the Gaza Strip, but said it could not replace the delivery of humanitarian assistance by land. The ship taking almost 200 tonnes of food to Gaza left early Tuesday in…

France 24

Archaeologists find top half of giant Ramesses II statue, completing a century-long puzzle

Archaeologists in Egypt have discovered the upper half of a large statue depicting the famous pharaoh Ramesses II.

LiveScience

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Egypt's Cash Raise Signals Foreign Investor Comeback

Egypt's successful cash raise through bonds attracts foreign investors, signaling economic growth potential.

France 24

Netanyahu needs to do more on Gaza aid, says Biden

US President Joe Biden said Friday that Israeli Prime Minister Benjamin Netanyahu must allow more aid into Gaza, after he was caught on a hot mic saying he would confront the Israeli premier over the conflict. A planned sea corridor to take desperately needed aid from Cyprus to Palestinians in…

Top News

Foreign Investors Return To Egyptian T-Bill Auction After Devaluation

Foreign investors return to Egyptian Treasury bill auctions post currency devaluation, signaling confidence in the economy.

Top News

Hamas Delegation Leaves Egypt With No Breakthrough In Negotiations

Hamas delegation's departure from Egypt without progress on ceasefire and hostage release negotiations dampens hopes for a swift resolution in the Middle East.

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Top News

Egyptian Pound Stable After Devaluation, IMF Deal

Stable Egyptian pound post-devaluation and IMF agreement signals positive economic impact.

Al Jazeera

Israel’s blocking of aid creating ‘apocalyptic’ conditions in Gaza

New report shows Israel ‘consistently and groundlessly’ blocks aid operations for Gaza amid famine-like conditions.

FourFourTwo

Liverpool provided huge injury boost as Mohamed Salah returns to full training

The Egyptian forward has been out of action ever since he sustained a leg injury at the AFCON

Top News

Egyptian Devaluation Brings Price Pain For Struggling Citizens

Currency devaluation in Egypt leads to price hikes, impacting citizens, businesses, and tourism. Government implements measures to support economy amidst e...

Al Jazeera

Egypt strikes expanded $8bn deal with the IMF

The deal comes as the central bank said it would let the Egyptian pound trade freely.

International Business Times

Egypt Secures $5 Bn Additional Loan From IMF As Pound Plunges

Egypt secured an extra $5 billion in IMF loans on Wednesday, the two sides said, after the central bank hiked interest rates and allowed the pound to plunge by nearly 40 percent.

Top News

Egypt's Currency Hits Record Lows, Nears IMF Agreement

Egypt's economy strategically devalues its currency to secure IMF deal, aiming for stability and growth.

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