S&P cuts Egypt's credit ratings Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing "continued pressure" on foreign reserves. More
Mubarak ordered back to prison Former Egyptian President Hosni Mubarak has been ordered back to prison from military hospital. Mr Mubarak's retrial will open on 11 May, a Cairo appeals court says. More
Kerry Hoping to Nudge Egypt Toward Reforms John Kerry made his first trip to an Arab capital as secretary of state on Saturday, hoping to prod Egyptian politicians to show a measure of political peace and a commitment to economic change. More
Hot-Air Balloon Crashes in Egypt, Killing At Least 18 A hot air balloon full of tourists exploded near the southern city Luxor just after dawn Tuesday, killing at least 18 people and injuring three in the latest blow to Egypt’s moribund tourism industry. More
EXTRACT | ‘Show Me the Place’ by Hedley Twidle With optimism and good humour, the writer goes in search of outposts of idealism and human connection in a strife-ridden world. 04/30/2024 - 1:45 am | View Link
Firefighters who lost homes to wildfire gear up for season ahead Thirteen firefighters’ homes were wiped out by wildfires in B.C. last summer. They’re now preparing for another fire season as they continue to rebuild their community. 04/30/2024 - 1:00 am | View Link
Beltone Investment Holding a subsidiary of Beltone Holding to launch $100mln (c.EGP 5bln) private credit platform Cairo: Beltone Investment Holding (BIH) - a subsidiary of Beltone Holding ("Beltone" or "the company"), one of the fastest-growing financial institutions in the Middle East and North Africa, is ... 04/29/2024 - 9:13 pm | View Link
Oil falls more than US$1/barrel on Middle East peace talks, US rate cut doubts OIL prices lost more than US$1 a barrel on Monday as Israel ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while US inflation data dimmed the prospect of imminent interest ... 04/29/2024 - 11:15 am | View Link
EFG Hermes concludes advisory on Hermes securities brokerage company’s fifth, EGP 600mln senior unsecured short-term note issuance Cairo: EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division has successfully closed the ... 04/29/2024 - 2:02 am | View Link
TEL AVIV, Israel — Israeli Prime Minister Benjamin Netanyahu pledged Tuesday to launch an incursion into the southern Gaza city of Rafah, where hundreds of thousands of Palestinians are sheltering from the 7-month-long war.
Netanyahu said Israel would enter Rafah to destroy Hamas’ battalions there “with or without a deal.” Israel and Hamas are negotiating a cease-fire agreement meant to free hostages and bring some relief to the Palestinians in the besieged enclave.
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“The idea that we will stop the war before achieving all of its goals is out of the questions.
Read our full cover story on Donald Trump here. You can also read the transcript of the interviews here and a full fact check here.
During the year that Wall Street Journal reporter Evan Gershkovich has been imprisoned in Russia, one voice has been conspicuously absent in the calls for his release: Donald Trump.
Read our full cover story on Donald Trump here. You can also read the transcript of the interviews here and a full fact check here.
Donald Trump thinks that Prime Minister Benjamin Netanyahu has been “rightfully” criticized for failing to stop Hamas’s murder of Israeli civilians on Oct. 7 and says there are “some very good people” who could take Netanyahu’s job.
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In a wide-ranging interview with TIME, Trump was sharply critical of Netanyahu, a close ally during the former President’s term.
Brands across the world have felt the impact of a growing Boycott, Divestment, and Sanctions (BDS) movement that pro-Palestinian activists have pushed to pressure and punish companies that are perceived to support Israel’s deadly military campaign in Gaza. But the impact has been most pronounced in Muslim-majority countries across the Middle East and Southeast Asia, where boycotts on several fast-food chains have begun to pose an existential threat to franchisees despite pushback from local operators against allegations that their businesses are tied to Israel.
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QSR Brands, the franchise holder for KFC in Malaysia and other parts of Southeast Asia, announced on Monday that it is temporarily shuttering over 100 KFC outlets across the country, local media reported, as it looks to “manage increasing business costs and focus on high-engagement zones.”
The move comes amid a Malaysia-wide boycott against the fried chicken establishment, as activists criticize its U.
Israeli leaders, including Prime Minister Benjamin Netanyahu, appear increasingly concerned that the International Criminal Court (ICC) may issue arrest warrants against the country’s officials for actions taken in the war between Israel and Hamas.
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On Monday, Prime Minister Benjamin Netanyahu posted on X that “Israel will never accept any attempt by the ICC to undermine its inherent right of self-defense… While the ICC will not affect Israel’s actions, it would set a dangerous precedent that threatens the soldiers and officials of all democracies fighting savage terrorism and wanton aggression.”
Under my leadership, Israel will never accept any attempt by the ICC to undermine its inherent right of self-defense.