Tuesday , 19 January 2021
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Egypt dodges Trump’s ire as White House orders massive last-minute aid cuts

US military aid to Egypt, Jordan and Israel was explicitly excluded from a list of deep cuts to domestic and foreign spending ordered by the White House in a last-minute sign of outgoing President Donald Trump’s frustration with last month’s omnibus spending package.

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United Arab Emirates proposes initiative to break deadlock in GERD negotiations

A top-ranking delegation from the Emirati Ministry of Foreign Affairs has finished a one-day-visit to Sudan, aimed at bringing an end to the standstill around negotiations regarding the Grand Ethiopia Renaissance Dam (GERD) between Sudan, Egypt, and Ethiopia, said Sudan News Agency (SUNA) on Wednesday.

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Egypt’s private sector is squeezed by the army’s hold over the economy

The Egyptian Minister of Finance, Dr Mohamed Maait, has confirmed that the country is set to witness a greater role for the private sector in economic development, as it is the engine of growth. The government has an increasing interest in opening new development opportunities that will enhance private sector …

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