Tag: Egypt
Biden Urges Egypt and Qatar to Push Hamas to Agree to Hostage and Cease-Fire Deal
During a call on Thursday, Mr. Biden also pressed Prime Minister Benjamin Netanyahu of Israel to make a concerted effort for a deal.
www.nytimes.com [...]
Egypt Drops the US Dollar with New Policy
Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade [...]
Bets on Big FX Devaluation (EGP USD) In Egypt Crushed as IMF Deal Nears
Investors are rushing to unwind their bets on a big depreciation of the Egyptian currency early this year as the country’s government is nearing a dea [...]
JPMorgan Cuts Egypt From Key Bond Indexes as FX (EGP USD) Shortages Mount
JPMorgan Chase & Co. will exclude Egypt from local-currency bond indexes tracked by billions of dollars worth of emerging market funds, underscori [...]
How Houthi attacks in Red Sea threaten global supply chain
A container ship sails through the new section of the Suez Canal in the Egyptian port city of Ismailia, 135 kms northeast of the capital Cairo on Octo [...]
US Dollar Rises 50% In Egypt’s Foreign Exchange Black Market
The conflict in the Middle East between Israel and Palestine is proving to be expensive for new BRICS member Egypt, as the US dollar sharply spiked b [...]
Rishi Sunak renews plea for Gaza aid during visit to Egypt
The PM also urges protection of civilians as aid trucks in Egypt are expected to enter Gaza.
www.bbc.co.uk [...]
Senate Democrat Threatens to Block a Chunk of Military Aid to Egypt
The new chairman of the Senate Foreign Relations Committee could force the Biden administration to reverse its decision to send Egypt $235 million in [...]
Egypt, Senator Menendez and U.S. Aid
After decades as one of the world’s largest recipients of United States foreign aid, the Egyptian government was nervous about how long the largess wo [...]
U.S. Approves $235 Million in Egypt Aid, Choosing Security Over Rights
Secretary of State Antony J. Blinken overruled congressional restrictions on U.S. military aid tied to Egypt’s dismal human rights record.
www.nytime [...]
Crypto Scam in Egypt Defrauds Thousands of Investors of $620K: Report
Authorities have arrested 29 people, including 13 foreign citizens in connection with the fraudulent network known as "HoggPool."
www.coindesk.com [...]
‘Indiscriminate use of hydrogen’ could slow energy transition: Report
A hydrogen bus photographed in Poland. Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.Dominika Zarzyck [...]
Firms plan Australian ‘super hub’ to produce green hydrogen
This image shows part of a green hydrogen facility in Spain. A number of major economies, including the EU, are looking to develop green hydrogen proj [...]