Articles

Gulf investors show renewed appetite

Muhamad yehia Venture capital companies are reporting renewed interest in Egyptian startups after a difficult few years for the country’s tech entrepreneurs. Emirati and Saudi investors are leading the return, say VC experts, after record-high inflation and a prolonged foreign exchange crisis dented deal-making. Since the Egyptian authorities floated the …

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Saudi convert $10bn Egypt deposit to investment

Muhamad yehia Saudi Arabia is planning to convert its $10 billion deposit with the Central Bank of Egypt (CBE) into an investment. The Saudi investment minister Khalid al-Falih announced the news during a meeting with Egyptian prime minister Mostafa Madbouly on Thursday. It follows a $35 billion agreement by the …

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Egypt receives second tranche of UAE

Muhamad Yehia Egyptian authorities have received the second tranche of a $35 billion investment from the UAE, local media reported on Tuesday. The payment secures the right of Abu Dhabi sovereign wealth fund ADQ to develop the land of Ras El Hekma on Egypt’s north coast. The $20 billion tranche consists of …

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Iran and Hamas Blame Israel for Killing Hanyia

Muhamad Yehia JERUSALEM — The predawn killing of a top Hamas leader in Tehran, Iran, on Wednesday left the entire Middle East on edge, bringing vows of revenge from Iran’s leaders and threatening to derail fragile negotiations for a cease-fire in the Gaza Strip. The Hamas leader, Ismail Haniyeh, 62, …

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Suez Canal monthly losses reach $550m

Muhamad Yehia Egyptian prime minister Mostafa Madbouly has said the Suez Canal is reporting losses of up to $550 million per month due to ongoing regional tensions. In January Suez Canal Authority chairman Osama Rabie said dollar revenues from the Suez Canal were down 40 percent since the start of the year …

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Amazon Founder Says His Company “Will Go Bankrupt

Muhamad Yehia Jeff Bezos recently shocked Amazon investors to the core with this bold prediction “I predict one day, Amazon will fail.” In a candid interview, Bezos explained that he believes “Amazon will be disrupted one day” and eventually “will go bankrupt.” What’s more, Bezos had been selling roughly $1 billion worth …

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Police Investigating Fire at Toronto Jewish School

Muhamad Yehia Toronto Police Service (TPS) says it’s investigating a fire at a Jewish school that happened in the early hours of July 30. Officers responded to the fire at Leo Baeck Day School around 3:46 a.m., TPS told The Epoch Times in an email. “The fire originated in an …

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Moscow Using Former Wagner Fighters

Muhamad yehia JOHANNESBURG, South Arica—Russia’s Africa Corps, the successor to the Wagner Group, is strengthening in terms of strategy, capacity, manpower, and military equipment, defying predictions by Western intelligence agencies, according to a new report by the Polish Institute of International Affairs (PISM). In August 2023, following the suspected assassination …

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هجوم إسرائيلى على الضاحية الجنوبية لبيروت

محمد خليل أعلن الجيش الإسرائيلي أنه نفذ ضربة محددة الهدف في بيروت الثلاثاء استهدفت قائدا في جماعة حزب الله اسمه، فؤاد شكر، قال الجيش إنه مسؤول عن هجوم الجولان الذي قتل فيه 12 شخصا من بينهم أطفال قبل ثلاثة أيام استهدفت غارة إسرائيلية على الضاحية الجنوبية لبيروت الثلاثاء فؤاد شكر،  …

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Venezuelans waited for the results of presidential election

  Muhamad Yehia AP- Venezuelans waited anxiously for the results of Sunday’s presidential election that could pave the way to an end to 25 years of single party rule, even as some polls remained open more than three hours after a deadline to close. President Nicolás Maduro, in seeking a third …

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