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Egypt raises electricity prices amid global energy crisis

Cairo, April 5 (IANS) Egypt’s Ministry of Electricity and Renewable Energy announced price hikes for commercial and residential electricity consumption effective this April, citing the global energy crisis triggered by the US-Israeli conflict with Iran. In a statement issued late Saturday (local time), the ministry said that the current “acute and unprecedented global crisis” across […]

Putin floats idea of ‘grain and energy hub’ in Egypt

MOSCOW(RAHNUMA): President Vladimir Putin said on Thursday that Russia and Egypt could discuss plans to create a “grain ​and energy hub” in the North African country. Putin raised the idea at a meeting in the Kremlin with Egyptian Foreign Minister Badr Abdelatty, saying that there were “many interesting ideas” to discuss. Abdelatty, speaking through an […]

Egypt’s El-Sisi switches out defense minister as new cabinet sworn in

CAIRO(RAHNUMA): Egypt’s President Abdel Fattah El-Sisi swore in new ministers Wednesday in a limited cabinet reshuffle that included a last-minute switch of the defense minister. The cabinet, Prime Minister Mostafa Madbouly’s latest in his eight-year tenure, was approved the day before by parliament. But at the Wednesday morning swearing in ceremony, El-Sisi named a new […]

Netherlands returns 3,500-year-old looted sculpture to Egypt

THE HAGUE(RAHNUMA): The Netherlands on Thursday returned a 3,500-year-old sculpture to Egypt after ​the looted artefact resurfaced at a Dutch art fair in 2022. An investigation by Dutch police and cultural heritage inspectorate confirmed in 2025 the sculpture had been plundered and unlawfully removed from Egypt, most likely during the Arab Spring unrest of 2011, […]

Israel reopens Gaza’s Rafah border crossing to Egypt, with tight limits

GAZA/CAIRO(RAHNUMA): Israel reopened the border between Gaza and Egypt on Monday for a limited number of people on foot, allowing a small number of Palestinians to leave ​the enclave and some of those who escaped the war to return for the first time. The crossing, in Israeli-held territory in what was once a city of […]

Gaza’s Rafah crossing with Egypt to open next week, Palestinian official says

DAVOS(RAHNUMA): Gaza’s border crossing with Egypt will reopen next week after largely being shut during the Israel-Hamas war, the Palestinian technocrat leader backed by Washington to administer the enclave announced on Thursday. Ali Shaath made the announcement by video link during an event in Davos hosted ‌by President ‌Donald Trump, who ‌convened ⁠a group of […]

Egypt says it paid $5 billion to foreign oil partners, targets arrears cut

CAIRO(RAHNUMA): Egypt has paid about $5 billion in overdue bills to foreign oil and gas partners and aims to bring remaining arrears down to $1.2 billion by June 2026, Prime Minister Mostafa Madbouly said. Arrears stood at $6.1 billion on June 30, 2024, he said in a statement, adding the government was also ⁠meeting the […]