Egypt
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World News
Ceasefire Hopes Dim as Hamas Rejects Israeli Demands in Gaza Negotiations
Cairo: Hamas announced on Sunday its rejection of new Israeli conditions in the ongoing ceasefire negotiations, casting doubt on the likelihood of a breakthrough in the US-backed efforts to end the 10-month conflict in Gaza. Despite months of intermittent talks, no agreement has been reached to halt Israel’s military campaign in Gaza or secure the release of hostages taken by…
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World News
Hezbollah Fires Over 320 Rockets at Israel, Claims Attack in Retaliation for Commander’s Death
Israel has launched extensive airstrikes across southern Lebanon, described as a pre-emptive action against Hezbollah. This follows Hezbollah’s announcement of launching over 320 rockets and drones in retaliation for the killing of its commander, Fouad Shukur, last month. The militant group claims its attacks target significant Israeli military sites, including the Iron Dome defense system. Tensions are escalating, with fears…
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World News
Last-Ditch Ceasefire Talks Conclude in Doha as Middle East Tensions Rise
Mediators are trying hard to restart talks between Hamas and Israel for a ceasefire agreement. The latest meeting took place in Doha on Thursday and Friday. While no big breakthrough happened, efforts will continue. Technical teams will meet again soon, and the main people involved will meet in Cairo next week. These talks are happening at a tense time. There…
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Business
Houthi Attacks Lead to 40-50% Drop in Suez Canal Revenues, Says Egyptian President
Cairo: Egyptian President Abdel Fattah El-Sisi revealed that revenues from the Suez Canal have declined by 40 to 50 percent in 2023 due to attacks on shipping by Yemen’s Houthi rebels. The canal, a crucial source of foreign currency for Egypt amid a financial crisis, has been affected by Houthi attacks in the Gulf of Aden and Red Sea. The…
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