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Central Bank warns Egyptians away from Bitcoin as value skyrockets

The Central Bank of Egypt has warned against dealing with cryptocurrencies, particularly bitcoins, arguing that investing Egyptian capital in such a volatile pursuit could negatively impact the nation’s economy. The bitcoin price has shot up to unprecedented levels. On April 8, the price of a bitcoin hit $58,353, up from …

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Russian FM’s visit to Egypt helps counter Erdogan’s regional moves

Russian Foreign Minister Sergey Lavrov’s visit to Cairo is seen as a further cementing of increasing Russian-Egyptian ties and as a counterpoint to the Ukrainian president’s visit to Turkey. Russian Foreign Minister Sergey Lavrov met with his Egyptian counterpart Sameh Shoukry and President Abdel Fattah al-Sisi during a visit to …

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US, Turkish forces in Iraq targeted in separate attacks

A Turkish soldier was killed northeast of Mosul shortly after NATO and US officials announced they will withdraw from Afghanistan this year. Erbil International Airport in Iraq’s northern Kurdistan region was hit by at least one explosion Wednesday night, Iraqi and US officials said.

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