Cabinet Spokesman Mohamed El-Homosany said the meeting of the government’s “crisis group” aims to ensure continuous monitoring of rapidly evolving regional and international developments and to assess the repercussions of the military escalation in the region, particularly its impact on global trade and supply chains. He added that the meeting reviewed the latest developments related to military operations against Iran and the recent escalation in the region, including Tehran’s targeting of several Gulf states, as well as the potential effects on global energy markets, especially oil and gas prices. Homosany noted that ministers and relevant authorities presented updated scenarios prepared to address the possible repercussions of these developments as part of efforts to prepare for any potential impact on the domestic market. The meeting also reviewed the current political situation of the crisis and ongoing international and regional efforts aimed at containing the escalation and reaching a political settlement that could help end the conflict and limit its impact on regional stability and the global economy. Homosany added that the government will continue closely monitoring developments and take necessary measures to address any scenarios related to the crisis in a way that safeguards the stability of the Egyptian economy and strengthens its ability to withstand external challenges.

The president cautioned that prolonging the crisis could have serious economic consequences, particularly amid expectations of rising petroleum product prices. Sisi made the remarks during an iftar banquet hosted by the Police Academy in the presence of Prime Minister Mostafa Madbouly, Interior Minister Mahmoud Tawfik, Assistant Interior Minister and head of the academy Nidal Youssef, ministers, Police Academy students and their families. According to Presidential Spokesman Mohamed al-Shenawy, Sisi stressed the importance of learning from the lessons of of 2011 challenges to avoid repeating them. He thanked the ministry for its efforts to maintain stability and security, noting that its work over the past decade has gone hand in hand with efforts to combat terrorism. Sisi also stressed the need for police officers to treat citizens well and concluded his remarks by praying for the protection of Egypt and for the country to overcome the current crisis.

America’s attitude toward allies leading up to the Iran war was the geopolitical equivalent of a slogan on a jacket once notoriously sported by first lady Melania Trump: “I Really Don’t Care. Nine days later, the war has pulled the world more deeply than ever into the disorienting vortex that has already defined American life in the whiplash era of Donald Trump’s tear-it-down politics. And if Trump’s war shatters the Iranian state and sparks civil war, a refugee crisis or grave economic consequence could destabilize the world. “They can do whatever they want.”The Iran war shock waves pummeled a transatlantic alliance already reeling from Trump’s renewed demands in January that Greenland join the United States. “So there are countries who are asking if they are taking down Iran just to have Israel rise as the new regional hegemony instead.”Consequences of the Iran war are grave and ever-widening.

It’s appropriate that I first heard of the “Lamborghini Theory” of political power in an Italian restaurant. Steve, in his late 70s established and then sold more than seven successful companies, in manufacturing, trade, music and AI. We ordered after about 15 minutes of pleasantries and explaining how Steve and I first met many years ago. Then he pointed his fork at me and said: “Do you know the Lamborghini Theory?”My expression must have shown my bewilderment. Michael looked at Steve and Sharon and said “Any takers?”Michael took a deep breath and explained that the President of America drives a Lamborghini and he can go as fast or slow as he likes.

Egypt’s national carrier, EgyptAir, has announced the phased resumption of scheduled flights to three major destinations in the United Arab Emirates, starting Monday, March 9. The decision follows extensive coordination with civil aviation authorities across the Gulf region and comes as the airline monitors recent regional developments that have impacted Middle Eastern airspace. Flight schedule and operationsAccording to EgyptAir’s official statement, the airline will implement a staggered rollout to restore air travel between Cairo and the UAE:

And oil tankers aren’t eager to resume shipments in the region as long as Iran threatens to set boats ablaze. Gas pricesAmericans have been fed up with the high cost of living, but one saving grace has been that gas prices have stayed relatively low. Gas prices surged after the US and Israel attacked Iran and the Strait of Hormuz was effectively shut down. Higher gas prices could have an outsized effect on Americans’ perceptions about their finances. Higher prices could hurt consumer spending, which accounts for more than two-thirds of the US economy.

Havana, Cuba —The Cuban man sidled up next to me on the street whispering as if he were sharing a long-held secret. “Let the Americans come, let Trump come, it’s time to get this over with,” he said in a barely audible voice. This is dangerous talk in Cuba — and especially at a time when a US president is threatening Cuba in a way we have not seen since the Cold War. Already in his second term, Trump has ordered unprecedented attacks to remove the leaders of Venezuela and Iran from power. By his own admission, Cuba, a country that withstood decades of US economic sanctions and its own government’s failed policies, is next.

Minister of Water Resources and Irrigation Hani Sewilam said on Monday, March 9, 2026, that Egypt and South Africa face multiple water-related challenges stemming from water scarcity, climate change, population growth and mounting pressure on limited water resources. The seminar, held under the theme “water for people,” brought together a group of female engineers, scientists and water sector specialists from both countries. Discussions also focused on ways to empower women and enhance their participation in water governance and water diplomacy. He also highlighted the ministry’s efforts to create supportive environments for women’s leadership and pointed to Egypt’s notable progress in empowering women within the water sector. Meanwhile, Majodina praised the strong cooperation between Egypt and South Africa in the water sector and highlighted the similarities in the water challenges faced by both countries.

Egyptian President Abdel Fattah al-Sisi expressed grave concerns regarding the repercussions of the escalating regional crisis and the ongoing war involving the US, Israel, and Iran. Energy security and economic falloutPresident Sisi cautioned that the current crisis could precipitate a severe economic downturn at both regional and international levels if it remains unresolved. Current market forecasts suggest that a prolonged closure of regional maritime straits could threaten to push oil prices to record highs – mirroring shocks seen in previous decades. National resilience amid global shocksAddressing the domestic front, the Egyptian President stressed the paramount importance of national unity. The Egyptian President’s remarks underscore the government’s strategy of prioritizing domestic stability to prevent regional “spillover” from further devaluing the local currency.

Lebanon’s government is “ready to resume negotiations” with Israel, the country’s prime minister told local media Monday, as Israeli attacks on the country persisted overnight. Prime Minister Nawaf Salam told French paper L’Orient–Le Jour that Israel had not responded to Lebanon’s proposal for a resumption of talks. Israeli forces launched a renewed assault on parts of Lebanon last week after the militant group Hezbollah fired projectiles into Israel in support of Iran. At least 394 people in Lebanon have been killed by Israeli attacks since March 2, including 83 children, according to the country’s health ministry. The Lebanese government has received guarantees that Israel will be “sparing Beirut Airport and the road to it from bombing,” Salam said.

According to reports from Yedioth Ahronoth, the recent surge in Israeli activity suggests a strategic pivot. During this period, the US targeted approximately 2,000 objectives in Iran, while Israel carried out roughly 600 strikes. Since then, Israeli forces have executed nearly three times the number of US strikes, hitting approximately 2,800 targets compared to roughly 1,000 US strikes. To date, Israel has taken the lead in the “Operation Roaring Lion” air campaign, striking 3,400 targets in Iran and 600 in Lebanon, surpassing the total of 3,000 strikes conducted by US forces. The INSS data highlights that while the US has maintained the steady operational tempo established in the war’s opening days, Israel has aggressively accelerated its pace.

The agreement builds on the Ministry’s ongoing collaboration with Roche Diagnostics and supports the integration of digital pathology into public healthcare services. Peer-reviewed studies in breast cancer digital pathology have shown that AI-supported image analysis can significantly enhance diagnostic performance. As part of the event, attendees toured the CDC facilities in Imbaba, including the Digital Pathology laboratory and the Complete Genomic Profiling (CGP) laboratory, and viewed demonstrations of digital pathology workflows and AI-supported image analysis. Moataz Nassef, Roche Diagnostics Egypt Chairman of Board of Directors said:“This MoU reflects Roche Diagnostics’ long-term commitment to partnering with the Ministry of Health and Population to address priority gaps in diagnostics. Roche Diagnostics.

The Egyptian Ethylene and Derivatives Company (Ethydco) achieved export growth of 5.4%, with dollar sales reaching $211.8m, as the company expands its presence in Latin American, African, European, and Turkish markets, Chairperson Hesham Riad said during the company’s General Assembly. He described the company as an “ambassador” for Egypt’s petroleum and petrochemical sector, reflecting the country’s advanced industrial and technological capabilities. Production reached 102 per cent of the company’s targets, Riad reported, with output totalling 302,000 tonnes of ethylene and 305,000 tonnes of polyethylene. He added that the company’s products currently meet the needs of more than 40 industrial complexes within Egypt. Regarding environmental sustainability, Riad stated that Ethydco has become the first company in the petrochemical sector to include Scope 3 in its carbon footprint measurement.

Industrial and Engineering Enterprise Company (IEEC), listed on the Egyptian Exchange, announced that its board of directors approved the financial statements for the fiscal year ending December 31, 2025. The results reveal a significant surge in the company’s financial and operational performance. Founded in 1952, IEEC is one of Egypt’s long-established companies operating in construction, engineering projects, and related industrial sectors. On the net profitability front, the company posted profit before tax of EGP 35.5m, nearly double the EGP 18m achieved in the prior year. IEEC plans to further strengthen its financial position through liquidity-generating and operational assets in the coming years.

Mostafa Madbouly, Prime Minister of Egypt, chaired a meeting of the Governors’ Council in the New Administrative Capital, stressing the need for intensified field monitoring of markets and commercial outlets to ensure the availability of goods at fair prices. Addressing the governors, Madbouly stressed their central role in coordinating with relevant ministries, authorities, and regulatory bodies to combat monopolistic practices and prevent deliberate hoarding of goods. The prime minister urged strict enforcement of all available mechanisms to protect citizens, including the possible referral of price manipulators to military courts, as directed by President Abdel Fattah Al-Sisi. Awad said inspection teams across all governorates are conducting daily monitoring of markets to ensure the availability of commodities, maintain price balance, and prevent monopolistic practices. Farouk added that intensified oversight includes daily reporting on commodity quantities, monitoring sales outlets, facilitating the transportation of goods between governorates, and expanding “one-day market” initiatives to ensure fair pricing and broader access for citizens.