Egypts

The Suez Canal: Navigating Rough Waters in Search of Economic Stability The Suez Canal, a name synonymous with maritime economics and global trade, faces rough waters once more. Imagine a once vibrant corridor, bustling with the energy of international trade, now struck by a trifecta of unforeseen challenges. This crucial waterway, which has been the heart of Egypt's economic lifeline, is currently grappling with a loss of around $800 million in monthly revenue. How did this happen? And more importantly, what does it mean…

The Economic Seesaw: Egypt's Inflation Dynamics A fascinating piece of news has recently emerged from the cradle of civilization—Egypt. The country's statistics office unveiled that February marked a significant dip in the inflation rate, which shrank to an annual 12.8%. This is notably lower compared to January's staggering 24%. Imagine this: a country that only a year ago grappled with an economic downturn is now witnessing a lighter inflationary burden. Some may ask, "What sparked this turnaround?" To fully…

Building Bridges: A Strategic Alliance in the Horn of Africa In a world where strategic partnerships often define the course of international relations, the recent diplomatic mission led by Abdelatty is noteworthy. It reflects an intent to weave stronger ties within the Horn of Africa amid a dynamic global landscape. But what does this mission really entail, and why does it matter? The backdrop to Abdelatty's mission was the burgeoning tripartite framework among Egypt, Eritrea, and Somalia. Born…

Rethinking Egypt’s Mega Projects In today's ever-evolving economic landscape, countries are constantly challenged to balance growth with sustainability. Egypt stands at a pivotal point in its development journey, marked by expansive infrastructure projects and bolstered by the leadership's ambitious visions. Egyptian billionaire, Naguib Sawiris, brings a fresh perspective to this narrative—a perspective that warns against nesting ambitions solely on the laurels of grandeur. Sawiris…

Under the crackling tension of world politics, Egyptian President Abdel Fattah el-Sisi stands firm against an audacious proposal from US President Donald Trump. The plan? To assume control over the Gaza Strip, displacing Palestinians to neighboring Egypt and Jordan. Can such a scheme even truly exist in the realm of reality? The stakes were high as Jordan’s King Abdullah II met with Trump on a recent Tuesday, a meeting veiled with tension and anticipation. The Middle East situation demands careful diplomacy, but what…

CAIRO, Egypt - With a backdrop of intense dialogues and strategic diplomacy, Egypt has announced a decision that may play a crucial role in shaping the future of Somalia. After extensive consultations with Somalia's federal government, Egypt is preparing to deploy military forces to Somalia, a move that seeks to bolster stability in a region plagued by conflict and discord. Walking a tightrope between support and skepticism, Egypt insists its mission contributes to regional peacekeeping. But why does Egypt risk discord…

Mogadishu (AX) – As the sun cast its warm rays over Mogadishu, a significant development unfolded in the ongoing battle against terrorism on the African continent. The Somali Minister of Foreign Affairs and International Cooperation, Ambassador Ahmed Moallim Fiqi, announced on Monday a remarkable stride in enhancing security within Somalia. Through a dual channel of the African Union Support and Stabilization Mission in Somalia (AUSSOM) and a bilateral pact, Egypt is set to deploy troops on Somali soil—a strategic move aimed…

In an intertwining of diplomacy and defense, Somalia has locked in an agreement with the Egyptian Defence Forces to engage in the African Union Support and Stabilization Mission in Somalia, affectionately dubbed AUSSOM. This mission is not merely an acronym; it stands as a symbol of solidarity against the unnerving threats posed by the Al-Shabaab militants. This collaboration between Mogadishu and Cairo is a testament to the old adage: strength in unity. With a tip of the hat and an arsenal in tow, Egypt pledged…

With a characteristic vigor, Egypt’s President Abdel Fattah El Sisi on Thursday reaffirmed Egypt's unwavering support for Somalia, envisaging a future ripe with collaborative triumphs. He emphasized, often with a flourish, that Somalia's security isn't just a distant concern but a vital piece of Egypt's own national security puzzle. In moments like these, can anyone really overstate the power of friendship between nations? During a lively joint press conference with Somali President Hassan Sheikh Mohamud, Sisi eloquently…

Ah, the hustle and bustle of politics and agriculture! Picture this: Egypt's top brass in agriculture, Minister Alaa Farouk, is out and about wearing his diplomatic hat, rubbing shoulders, and sipping coffee with his chums from Senegal and Somalia. They’re not just discussing the weather, mind you, but something that could put more bread on tables. We're talking turbo-charged agricultural cooperation, and not just your run-of-the-mill type—inspired once more by the thrilling surroundings at the African Union's Extraordinary…