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Suez Canal renews discounts to vessels from the Americas, Southeast Asia
The Suez Canal Authority (SCA) has renewed discounts on container ships and bulk carriers crossing the Suez Canal until the…
Diplomacy + Foreign Trade
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Egypt holds emergency meeting with Arab League Council to discuss GERD and Libya
Arab League backs Egypt on GERD, calls for renewed talks: The Arab League issued a statement (pdf) yesterday backing Egypt…
Russia calls for a ceasefire in Libya as Egypt-Turkey tensions remain high
Russia calls for a ceasefire in Libya, as Egypt-Turkey tensions remain high: Russia’s foreign minister has called for an immediate…
Egypt receives first installment of USD 500 mn World Bank facility
The World Bank has disbursed the first USD 325 mn tranche of a USD 500 mnfacility to subsidize the Takaful…
Shoukry reiterates legitimacy of Egypt’s potential intervention in Libya
Egypt’s potential Libya interaction is legitimate, Shoukry reiterates: Foreign Minister Sameh Shoukry yesterday echoed Saturday’s statements by President Abdel Fattah…
African Development Bank approved a EUR 225 mn loan to finance Egypt’s Electricity and Green Growth Support Program
The African Development Bank approved a EUR 225 mn loan to finance Egypt’s Electricity and Green Growth Support Program, the…
Egypt to enforce ban on legume exports for three additional months
The Trade Ministry has renewed for three months a suspension on all exports of beans and legumes to ensure sufficient…
Sudan calls Ethiopia’s GERD proposal “a retreat from previously agreed upon principles”
Sudan calls Ethiopia’s GERD proposal “a complete retreat from previously agreed upon principles,” according to an Irrigation Ministry statement. That…
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