Economy

Kenya and Uganda took a major step towards regional integration on Saturday, with the launch of a new phase of the Standard Gauge Railway (SGR). The project is aimed at linking East Africa to the Democratic Republic of the Congo. “Today, here at Kibos in Kisumu, we take yet another …

Turbulence in the fuel markets caused by the US-Israel war on Iran is hitting African airlines hard. Jet fuel prices are soaring worldwide but Africa is particularly exposed. About 70 percent of its jet fuel and kerosene imports come through the Strait of Hormuz – the vital maritime corridor currently …

Al Jazeera United States President Donald Trump has said “many countries” will dispatch warships to keep the Strait of Hormuz open, without offering details about which states are on board. This comes as the waterway that carries a fifth of global oil and liquefied natural gas remains effectively closed on …

Al Jazeera New Delhi says two Indian-flagged tankers carrying liquefied petroleum gas (LPG) bound for ports in the country’s west have crossed the Strait of Hormuz in Iran. “They crossed the Strait of Hormuz early morning safely and are en route to India,” Rajesh Kumar Sinha, special secretary of the …

News agency The war raging in Iran has impacted thee nergy markets across the world, including Nigeria, where daily lives and businesses are suffering due to a surge in the prices of oil. The energy crisis dominated Nigerian news media on Saturday. What effect is the Iran war having on oil …

Sahar Ragab During a joint press conference with French President Emmanuel Macron on Thursday morning, December 4, 2025, Chinese President Xi Jinping announced that China will provide $100 million in humanitarian aid to support Palestinians in Gaza. President Xi emphasized that China and France will work together to achieve a …

  Sahar Ragab In a visit underscoring the growing depth of Russian-Egyptian relations, Russian Security Council Secretary Sergey Shoigu met with Egyptian President Abdel Fattah El-Sisi in Cairo on Monday. The two sides discussed international and regional security, developments in the Middle East, nuclear energy cooperation, and expanding military, intelligence, …

  Sahar Ragab Russian Security Council Secretary Sergey Shoigu announced on Monday that the construction of Egypt’s El-Dabaa Nuclear Power Plant is progressing according to schedule, noting that challenges related to Western sanctions are being “largely resolved.” During consultations in Cairo with Fayza Abou El-Naga, Advisor to the Egyptian President …

Sahar Ragab The Egypt–China Investment Forum 2025 officially kicked off today, organized by the Egyptian Businessmen’s Association (EBA) in cooperation with the Ministry of Investment and Foreign Trade and the Embassy of the People’s Republic of China in Cairo, with the participation of top government officials and leading figures from …

Sahar Ragab Turkey’s Ambassador to Egypt, Salih Mutlu Şen, expressed strong appreciation for the Egyptian government’s ongoing efforts to enhance the investment climate, particularly through the innovative tax reforms being implemented by the Ministry of Finance, which he said will significantly accelerate foreign capital inflows into Egypt. The ambassador’s remarks …