Egypt Financial News

A Canadian-Israeli citizen has died in Egypt, according to officials in all three countries.

ALSO READ: Malinga meets 'Malinga': MI legend meets his doppelganger; here's what happens next "My social media has been flooded with comments in the last three weeks," New Lines Magazine quoted Bhattacharya as telling in a phone call, adding, “Initially, I thought I was being spammed. Even though I cannot understand Arabic, I am overwhelmed with the love and response from the entire Arab community." Bhattacharya also added that his two sons – fans of footballer Mohamed Salah – discovered that the singer had gone viral in the country.

Democracy Perception Index revealed a striking sentiment among Indians, with nearly 75% expressing concern that global corporations pose a threat to democracy. As per the survey findings, after economic inequality and corruption, global corporations are viewed as the third most significant threat to democracy. The US also stands out as among the countries with the highest levels of the perceived threat from global corporations. India is also ranked top among countries fearing that big tech companies like Google, Amazon and Meta threaten democracy.

Gaza's vital Rafah border crossing on Tuesday in what the White House described as a limited operation, as fears mount of a full-scale invasion of the southern city as talks with Hamas over a cease-fire and hostage release remain on a knife's edge.

Israel carried out strikes on the Gazan city of Rafah overnight as it sought to put «pressure» on Hamas ahead of talks in Egypt on Tuesday aimed at sealing a truce proposal endorsed by the militants. After having vowed for weeks to push into the southern border town, Israel called on Monday for Palestinians in eastern Rafah to leave for an «expanded humanitarian area» ahead of a ground incursion. An AFP correspondent in the city reported heavy bombardment throughout the night, while the Kuwaiti hospital there said Tuesday in an updated toll that 11 people had been killed and dozens of others injured in Israeli strikes.

Hamas on Monday agreed to a Gaza ceasefire proposal from mediators, but Israel said the terms did not meet its demands and pressed ahead with strikes in Rafah while planning to continue negotiations on a deal. The developments in the seven-month-old war came as Israeli forces struck Rafah on Gaza's southern edge from the air and ground and ordered residents to leave parts of the city, which has been a refuge for more than a million displaced Palestinians.

Israel called on Palestinians to leave eastern Rafah Monday ahead of a ground invasion of the southern Gaza city, amid increasing global alarm about the consequences of such a move. The evacuation call followed disagreement between Israel and Hamas over the Palestinian militant group's demands to end the seven-month war, during weekend negotiations in Cairo.

Israeli soldiers were killed in a rocket attack claimed by Hamas armed wing, near the southern Gaza Strip city of Rafah, where Palestinian health officials said at least 19 people were killed by Israeli fire on Sunday. Hamas's armed wing claimed responsibility on Sunday for an attack on the Kerem Shalom crossing into Gaza that Israel said killed three of its soldiers. Israel's military said 10 projectiles were launched from Rafah in southern Gaza towards the area of the crossing, which it said was now closed to aid trucks going into the coastal enclave. Other crossings remained open.

truce were expected to resume Sunday after Hamas rejected any deal that failed to end the war in the Palestinian territory and accused Israeli leader Benjamin Netanyahu of «personally hindering» an agreement. Negotiators seeking to halt the devastating seven-month war have proposed a 40-day pause in the fighting and an exchange of hostages for Palestinian prisoners, according to details released by Britain.

Cyprus has given Chevron another six months to come up with a revised plan to develop a sizeable natural gas deposit off the island nation’s southern coastline after an earlier plan was deemed lacking in a specific timetable

The European Union has announced an aid package for Lebanon of 1 billion euros — about $1.06 billion — that will mostly go to strengthening border control to halt the flow of asylum seekers and migrants from the small, crisis-wracked country across the...

₹6,617 per barrel on the multi commodity exchange (MCX). -On Wednesday, crude oil prices fell more than three per cent to a seven-week low after the US Federal Reserve kept interest rates steady and warned of stubborn inflation, which could curtail economic growth this year and limit oil demand increases.

Hamas chief Ismail Haniyeh discussed the ongoing Gaza ceasefire talks in separate phone calls with Egypt's intelligence chief Abbas Kamel and Qatar's Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al Thani. A statement by the Palestinian Islamist group on Thursday said a delegation is set to visit Egypt soon for further ceasefire talks in the Gaza war. The statement added that Haniyeh had affirmed the group's «positive spirit in studying the ceasefire proposal» in the phone call with Egypt's Kamel.

₹6,622 per barrel on the multi commodity exchange (MCX). In other energy markets, U.S. diesel futures were on track to close at their lowest since July 2023, while U.S.

₹6,833 per barrel on the multi commodity exchange (MCX). -US crude production rose to 13.15 million barrels per day (bpd) in February from 12.58 million bpd in January in its biggest monthly increase since October 2021, the Energy Information Administration said. Meanwhile, exports climbed to 4.66 million bpd from 4.05 million bpd in the same period.

US Secretary of State Antony Blinken discussed on Monday a proposal for a ceasefire presented to Hamas by Israel, characterising it as «extraordinarily generous,» CNN reported. «In this moment the only thing standing between the people of Gaza and a ceasefire is Hamas,» he told World Economic Forum (WEF) President Borge Brende in the Saudi capital Riyadh. «They (Hamas) have to decide and they have to decide quickly,» he said. «I'm hopeful that they will make the right decision.»

Billionaire Ankur Jain, the Founder and CEO of Bilt Rewards, and former WWE wrestler Erika Hammond, celebrated their union in a stunning wedding extravaganza against the backdrop of the Egyptian pyramids. The couple, surrounded by approximately 130 guests, exchanged vows in a spectacle of love and grandeur. A Spectacular Celebration

The Sun US has reported. After the three-day SA trip, the couple then flew to Egypt in a private jet along with their guests.A post shared by Ankur Jain (@ankurjain) As per The Sun US, Erika, 32 met Jain, 33 when the businessman began working out at the celebrity-favored gym Rumble Boxing, where she was a fitness instructor.

Egypt. More specifically, they are also associated with the excavation of the King Tutankhamun’s tomb in 1922. Also, was it the curse of the king that led to the death of all these individuals? According to National Geographic, the city of Cairo has faced a violent storm on the day this tomb was excavated.

Hamas released video on Saturday of two men held hostage in Gaza and seen alive in the footage. Campaign group the Hostages and Missing Families Forum identified the two in a statement as Keith Siegel and Omri Miran who were abducted by militants during the Hamas attack in southern Israel on October 7.

Israeli airstrike on a house in Gaza's southernmost city killed at least nine people, six of them children, hospital authorities said Saturday, as Israel pursued its nearly seven-month offensive in the besieged Palestinian territory. Israel's war against the Islamic militant group Hamas has led to a dramatic escalation of tensions in an already volatile Middle East. The strike late Friday hit a residential building in the western Tel Sultan neighbourhood of the city of Rafah, according to Gaza's civil defence. The bodies of the six children, two women and a man were taken to Rafah's Abu Yousef al-Najjar hospital, the hospital's records showed. At the hospital, relatives cried and hugged the bodies of the children, wrapped in white shrouds, as others comforted them.