• Wednesday, 13 January 2021

    Around the world on 13 January 2021

    A step towards EastMed peace? Greece and Turkey are sitting down later this month for the first time since 2016 for talks on Mediterranean maritime borders, Bloomberg reports. The two countries have been locked in a five-year dispute over East...
  • Wednesday, 13 January 2021

    Egypt in the News on 13 January 2021

    It’s a fairly quiet morning in the foreign press, Qatari flights aside (see today’s What We’re Tracking Today for more). Reuters reports that an Egyptian court has overturned the sentences of two female TikTok users that were found guilty last...
  • Wednesday, 13 January 2021

    Startup funding increases 31% in Egypt in 2020

    Egypt held the second-biggest share of venture capital investment in MENA last year, falling behind the UAE, which accounted for a whopping 56% of the total funding amount last year, according to Magnitt’s MENA Venture Investment Report. Egypt’s VC funding...
  • Tuesday, 12 January 2021

    Credit Suisse, Fitch bullish on Egypt

    Egypt’s economic growth will move back towards 5% by the end of the 2021 calendar year, helped by the upcoming vaccine rollout and continued public investment, Fitch Solutions said yesterday. In its latest MENA macroeconomic update, the research house forecasts...
  • Monday, 11 January 2021

    More VC money looks to Egypt

    High-growth tech startups in Egypt and the MENAP region are targets for UAE-based Access Bridge Ventures (ABV), which reached first close on a USD 25 mn regional venture capital fund, ABV said in a press release (pdf). The fund will...
  • Sunday, 10 January 2021

    Entering the post-Qatar embargo era

    Saudi Arabia and the UAE have reopened their airspaces to Qatar after signing the declaration — along with Egypt and Bahrain — last week that ended nearly a 3.5-year blockade of Doha. Saudi airlines have resumed operating regularly scheduled flights...
  • Monday, 4 January 2021

    What we’re tracking on 4 January 2021

    Good morning, friends, and Happy Monday on this holiday-shortened week. It’s lights-out at close of play on Wednesday as the nation downs tools to observe Coptic Christmas on Thursday. A very happy holiday to everyone who is celebrating. We’ve got...
  • Wednesday, 23 December 2020

    Closing in on 800 new cases per day

    The Health Ministry reported 788 new covid-19 infections yesterday, up from 718 the day before. The ministry also reported 37 new deaths, bringing the country’s total death toll to 7,167. Egypt has now disclosed a total of 127,601 confirmed cases...
  • Thursday, 17 December 2020

    Last Night’s Talk Shows on 17 December 2020

    There was no single leading story on the airwaves last night besides the wall-to-wall coverage on Egypt’s fast-approaching vaccination program (on which we have chapter and verse in What We’re Tracking Today, above).The UAE’s inclusion in the East Med Gas...

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