Egypt’s current account deficit surges in July to September 2024
Egypt's central bank said on January 16th that the country's current account deficit more than doubled to $5.9 billion in...
Red Sea
Red Sea survivors accuse Egyptian authorities of cover up
Survivors of the Red Sea dive-boat sinking have accused Egyptian authorities of a cover-up after they were pressured to sign...
Egypt: Red Sea survivors accuse authorities of cover up
Survivors of a deadly dive-boat sinking in the Red Sea which claimed the lives of four people, with seven still...
Shark attack at Red Sea resort kills foreigner, injures another
Egypt's ministry of environment said in statement on December 30th that a shark attack in the Red Sea resort town...
US fighter jet shot down over Red Sea in apparent friendly fire
A US navy ship mistakenly shot down an American fighter jet over the Red Sea early on December 22nd, according...
Chinese fleet heads to Red Sea amid rising tensions
China has dispatched a fleet to the Red Sea amid the rising tensions provoked by the Iran-backed Houthi militias’ attacks...
EU launches Red Sea naval mission
The European Union launched a naval mission to the Red Sea “to restore and safeguard freedom of navigation” there, according...
Egypt: Houthi attacks cut Suez revenues by 40%
Houthi attacks have led to a 40% drop in Suez Canal Dollar revenues, according to Reuters. Head of the canal...
