Israel will reopen its embassy in Cairo “soon,” according to reports covered by the Jerusalem Post. “The Foreign Ministry would not confirm the reports, saying it does not discuss security arrangements at Israeli embassies.” An Israeli security team was in Cairo nearly a month ago to review security arrangements, and a foreign ministry team followed suit earlier this week. Israel pulled its ambassador and diplomatic staff from Cairo in December.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…