Topping diplomatic coverage this morning: Foreign Minister Sameh Shoukry used a speech at the Arab League yesterday to condemn Turkey’s intervention in Libya, Syria and Iraq as a threat to regional security and stability, according to a cabinet statement. He said that the situation in Libya was especially worrisome and stressed that Egypt would not stand idly by as Turkey sends Syrian mercenaries to realize its ambitions in the country. He reiterated that the invasion of the Libyan town of Sirte is a red line that could trigger an intervention by the Egyptian military, and that Egypt was committed to realizing a peaceful political settlement in Libya as outlined in its Cairo Declaration.
More from Enterprise
Egypt continues to issue LCs as usual
LCs continue to be processed — albeit after closer inspection…
EGX kicks off first day of futures trading on the EGX
The rollout includes 3- and 6-month future contracts tracking the…
Beltone to launch Fadda, Egypt’s first-ever silver investment fund
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on…
How Egypt’s fintech players can own the digital Eidiya evolution
💸 Eid traditions in Egypt (and the region) have held…