No particular subject is dominating the conversation on Egypt in the foreign press this morning: Joe Biden’s “u-turn” over his stance on Egypt’s human rights situation is getting attention in the Guardian, while the AP reports that at least five people, including three engineers, a laborer and their driver have been kidnapped by Islamic State in North Sinai. Meanwhile, an Egyptian defense analyst tells Breaking Defense that Egypt’s recent multi-bn USD arms agreement with France may open the door to more similar sales from France and other European countries.
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…
Converted acquires Egyptian fashion platform Mitcha
“For me, the decision was about finding the right partner…