It’s still all about the economy in the foreign press this morning.

What’s it going to take for Egypt to secure vital investment from the Gulf? The Wall Street Journal is the latest to report that Gulf countries want to see the government go further with its economic reform program to secure USD bns worth of investment pledges.

The National reports that the FX crunch is having a severe impact on Egypt’s hospitals, some of which it says are facing a shortage of medical supplies.

Russia’s deputy foreign minister is pushing the idea that Egypt could become a hub for the re-export of Russian grain to the Middle East and Africa. See interview with state-owned RT Arabic. (Foreign Minister Sameh Shoukry said in January that Egypt wants to become a major hub for grain.)

ALSO MAKING HEADLINES-

  • Ramses in Paris: The sarcophagus of Ramses II has gone on display in Paris for afive-month exhibition. (AFP)
  • Video Assistant Referee tech is back in the Egyptian league: VAR was missing for a round of matches after the country fell behind on payments to the Spanish company supplying the tech. (Reuters)
  • GERD good for all? Egypt and Sudan could benefit from the Grand Ethiopian Renaissance Dam if Ethiopia were to agree to a joint data-sharing and water management plan, researchers say. (DW)
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