Egypt
China’s BYD captures 35% of Africa EV market, as latecomer rival Tesla bets on Morocco
Chinese EV giant BYD upped its market share from just 4% in 2023 as electric vehicle sales on the continent accelerated. Tesla is betting on Morocco, Africa’s leading EV manufacturing hub.
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COMMENT: Did Israel's Netanyahu lose the war he claims to have won?
The most useful comparison for the Iran war of 2026 is not the Six-Day War of 1967. It is the Suez Crisis of 1956. The point is being made openly in Tel Aviv, by columnists who have lost patience with the Netanyahu camp's victory rhetoric.
USD syndicated Islamic murabaha loans beat sukuk sales amid war stress in bond markets
1Q shows the loans increasingly prominent in funding mix, driven by private nature, lower requirements and accommodating Gulf Cooperation Council banking systems.
Argentina is the IMF biggest debtor followed by Ukraine
Argentina remains by far the largest debtor to the International Monetary Fund, underscoring the depth of its long-running financial crisis and its dependence on multilateral support.
UK imposes sanctions against recruiters of African and other migrants to fight for Russia, build drones
The sanctions “expose and disrupt the operations of those trafficking migrants as cannon fodder and feeding Putin’s drone factories with illicit components,” the UK Sanctions Minister said.
Egypt's Hassan Allam, Saudi Arabia's AlBawani win $490mn Diriyah museum contract
Egypt's Hassan Allam and Saudi Arabia's AlBawani have won a $490mn contract to build the Saudi Arabia Museum of Contemporary Art in Diriyah, in the latest construction award tied to the Kingdom's flagship cultural and heritage redevelopment programme
Developing countries skip landlines and go straight to mobile phones - OWID
The concept of “leapfrogging” is popular in development. It suggests that, as they develop, lower-income countries can skip intermediate technologies or systems and go straight to the modern equivalent, Our World in Data (OWID) reports.
The Greater Israel theory is a complete farce
While rumours of the pursuit of a Greater Israel are simmering given the IDF's seizure of Lebanese and Syrian territory, Israel's military track record proves that this is nothing more than a conspiracy theory.
US-Iran ceasefire eases oil prices but Gulf economies showing strain – Oxford Economics
A fragile two-week ceasefire between the US and Iran has led to a sharp fall in oil prices, but fresh data points to mounting economic damage across Gulf economies and rising uncertainty in Egypt.
Putin strengthens food supply ties with Egypt, proposes grain and energy hub
Russian President Vladimir Putin has instructed his government to work on securing food supplies to Egypt, particularly grain shipments, as part of efforts to strengthen strategic ties between the two countries.
Middle East conflict fallout to slow growth, push up inflation in Emerging Europe and Mediterranean region, EBRD says
Development bank says economic fallout is already spreading, through higher energy and fertiliser costs, damage to tourism and higher debt-servicing costs.
Egypt among most ill-equipped to withstand Iran war energy shock long term
Egypt is among the least equipped to absorb a long-term oil shock owing to weak macro buffers, leaving it highly sensitive to rising import costs, FX pressure, and fiscal strain.
African food security threats spike as Iran war strangles fertiliser supplies, prices soar
Disruptions to fertiliser exports via the Strait of Hormuz have pushed urea prices above $700/MT, raising the risk of food inflation – and hunger – across Africa, where application rates are far below global norms.
African food security threats spike as Iran war strangles fertiliser supplies, prices soar
Disruptions to fertiliser exports via the Strait of Hormuz have pushed urea prices above $700/MT, raising the risk of food inflation – and hunger – across Africa, where application rates are far below global norms.
ISTANBUL BLOG: Bedtime reading for Trump. Condemnation and denunciation from Arab and Islamic countries affirmed
US Commander-in-Chief, meanwhile, says he told Netanyahu “don’t do that”. But he did do that.