Egypt

In a noteworthy stride towards fortifying economic ties, Qatar and Egypt have unveiled plans to collaborate on a substantial $7.5 billion investment package. This was revealed in a joint communiqué issued by the Egyptian president's office, underscoring a strategic alliance aimed at nurturing Egypt's financial landscape. Why is this significant? Egypt is currently navigating a path fraught with economic challenges, including a burgeoning foreign debt and a budget deficit that looms larger by the day. The…

Dialogue and Diplomatic Ties: Somalia's Regional Engagement In a landscape where the echoes of history continuously shape the present, the recent discussions between Somali and Egyptian officials shone a spotlight on broadening alliances and nuanced diplomacy. Somalia and Egypt, in their deepening dialogue, navigated topics that resonate beyond their immediate borders, touching upon aspirations for collective peace and integration in the broader region. Interestingly, the possibility of trilateral cooperation with…

Somalia’s Resilience and Partnerships: A Step Forward Against Extremism MOGADISHU, Somalia – In a world rife with challenges, few nations stand as resiliently as Somalia in their bold fight against the extremist insurgency led by Al-Shabaab. Over the past three years, an audacious campaign undertaken by local troops, buoyed by invaluable international support, has seen the nation carve out substantial victories against this formidable opponent. With a sense of urgency…

In a chilling turn of events, a submarine harboring several passengers, predominantly Russians, met a tragic fate off the serene coasts of Egypt’s Hurghada resort last Thursday. This incident, heartbreaking in its consequences, claimed six lives and left others grappling with injuries. One might wonder, amidst the azure beauty of the Red Sea, what went amiss? As I recall a quote from Ernest Hemingway, "The sea is the same as it has been since before men ever went on it in boats," one can't help but resonate on the paradox…

In an ambitious stride towards economic revitalization, Egypt has announced plans to sell stakes in several key military-owned enterprises through its sovereign wealth fund, valued at an impressive $12 billion. The companies in question include some noteworthy names: Safi, Wataniya Petroleum, Chillout, Silo Foods, and the National Company for Road Construction. This announcement from the Cabinet on Wednesday marks a significant chapter in Egypt's economic narrative. Why now, one might wonder? This move aligns with…

Egypt, acting as a mediator in the ongoing Gaza ceasefire negotiations, has reportedly received encouraging signals from Israel regarding a new ceasefire proposal that focuses on a transitional phase, according to various security sources. The proposal includes a plan for Hamas to release five Israeli hostages each week, setting a structured path towards resolution. As part of this effort, a security delegation from Egypt has departed for Qatar, where talks are expected to focus not only on increasing humanitarian aid to…

Ethiopia's Diplomatic Struggle for Red Sea Access Amid Tensions CAIRO, Egypt — The political landscape surrounding the strategic Red Sea waterways has taken a significant turn. In an evolving saga reflective of both ancient rivalries and modern geopolitical interests, Ethiopia finds itself on uncertain ground. Recently, Egypt and Eritrea have taken a firm stance, emphasizing that the stewardship of Red Sea security should remain the preserve of coastal states.…

On a notable Sunday, Egyptian President Abdel Fattah Al-Sisi welcomed Eritrean Foreign Minister Osman Saleh to Cairo, sparking a crucial dialogue on regional security, the nuanced challenges in Somalia, the fragile state of Sudan, and the delicate balance of Red Sea security. This pivotal meeting came against a backdrop filled with concern over Ethiopia's persistent aspirations for sea access, a country that remains landlocked yet ambitiously forward-thinking. The discussions were graced by the esteemed presence of…

Imagine being a country with a burgeoning energy sector, only to face a sudden, jolting halt. This has been Egypt's narrative recently, as it navigates a precarious path in securing energy stability. The latest word from reliable corridors is that Egypt is deeply engaged in negotiations with Germany to lease a state-of-the-art liquefied natural gas (LNG) unit. Why now? They forecast a potential surge in demand in the upcoming months. Anticipating needs before they become exigencies is crucial, isn't it?…

Ethiopia's Determination for Sea Access Amid Complex Diplomatic Dynamics Edited By Ali Musa, Axadle Times international–Monitoring ADDIS ABABA - In the ever-evolving geopolitical landscape of the Horn of Africa, Ethiopia stands firm in its ambition to secure access to the sea. Field Marshal Birhanu Jula, the head of Ethiopian National Defense Forces, recently vocalized this aspiration, highlighting its significance at the celebration of the 129th anniversary of the…