The country’s economy has been very hard hit by cascading crises which have disrupted worldwide trade.
Activists are speaking out online about the announcement that British International Investment (BII) is financing local start-ups in Egypt to the tune of $100 million.
On 13 September, Egyptian President Abdel Fattah al-Sisi paid a two-day visit to Qatar. This was Sisi’s first trip to Doha since Egypt and Qatar reconciled through the al-Ula summit of January 2021.
Egyptian Foreign Minister Sameh Shoukry and US Secretary of State Antony Blinken have stressed the importance of the strategic partnership between their countries, believing it is the main pillar of security and stability in the Middle East.
Egyptian President Abdel Fattah Al-Sisi yesterday discussed military cooperation with India’s Defence Minister Rajnath Singh, statements from both men’s offices said.
The United States will deduct EGP 2.5 billion (USD 130 million) from Egypt’s EGP 5.7 billion (USD 300 million) annual foreign military aid due to the Biden administration’s concerns over Egypt’s human rights conditions, according to an unnamed US official interviewed by Reuters.
Two American human rights NGOs filed war crimes complaints on Monday against Egyptian and French officials following alleged misuse of military intelligence against civilian targets.
It has long been known that Russia is trying to create discord in Europe with disinformation. However, it is no longer just European countries being overrun with Kremlin-subsidised fake news.
Starting later this month, the Russian ruble will be on the list of currencies used by Egyptian banks and be used by tourism companies and hotels in a bid to boost Russian tourism in Egypt, an Egyptian Central Bank official told Al-Monitor.
Egypt has been working tirelessly to bolster its foothold across Africa by constructing dams and enhancing energy cooperation with other countries.