{"id":590209,"date":"2023-07-16T00:00:00","date_gmt":"2023-07-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/16\/el-sisi-abiy-ahmed-gerd-talks-lead-foreign-press-coverage-of-egypt\/"},"modified":"2023-07-16T00:00:00","modified_gmt":"2023-07-16T00:00:00","slug":"el-sisi-abiy-ahmed-gerd-talks-lead-foreign-press-coverage-of-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/16\/el-sisi-abiy-ahmed-gerd-talks-lead-foreign-press-coverage-of-egypt\/","title":{"rendered":"El Sisi-Abiy Ahmed GERD talks lead foreign press coverage of Egypt"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Politics is leading international coverage on Egypt this morning:<\/span><span style=\"\"> President Abdel Fattah <\/span><span style=\"\">El<\/span><span style=\"\"> Sisi\u2019s <\/span><span>meeting with Ethiopian prime minister Abiy Ahmed (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-13\/egypt-ethiopia-agree-to-talks-on-giant-nile-dam\" style=\"\">Bloomberg<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/ethiopia-egypt-dam-dispute-nile-0f71472e426d9399c273d09aedc04e62\" style=\"\">Associated Pres<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/ethiopia-egypt-dam-dispute-nile-0f71472e426d9399c273d09aedc04e62\" style=\"\">s<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/africa\/egypt-president-ethiopia-pm-aiming-finalize-dam-agreement-within-four-months-2023-07-13\/\" style=\"\">Reuters<\/a><\/span><span>) and last week\u2019s summit in Cairo aimed at ending the civil war in Sudan (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/africa\/egypt-launch-fresh-sudan-mediation-attempt-during-summit-2023-07-13\/\" style=\"\">Reuters<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/apnews.com\/article\/egypt-sudan-summit-ethiopia-dam-6c2877b05df9fa045ca59b257e9e59e8\" style=\"\">Associated Press<\/a><\/span><span>) are getting attention in the foreign press. <\/span><span style=\"font-weight:400;\">We have all the details on both these stories in this morning\u2019s news well, above.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">More money = more inflation:<\/span><span style=\"\"> A jump in the money supply in the previous fiscal year <\/span><span style=\"\">could fuel<\/span><span> inflation further and put further pressure on the EGP, Patrick Werr writes for <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/africa\/deficit-soars-egypt-expands-money-supply-fuelling-inflation-2023-07-14\/\" style=\"\">Reuters<\/a><\/span><span>, citing bankers and analysts. M1 money supply climbed 31.9% y-o-y in FY 2022-2023, after growing 23.1% and 15.7% y-o-y in the two previous fiscal years, according to central bank figures. Increasing the money supply has been a tool used by authorities <\/span><span>to keep the deficit in check,<\/span><span> according to analysts cited by Werr, who say the central bank has done this by lending to the government including by buying government bonds.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Also making headlines: <\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Egypt: A value destination for hard currency holders. <\/span><span style=\"\">Egypt joins Turkey, <\/span><span>South Africa, Japan, and Kenya as the most-affordable summer holiday destinations for UK tourists as named by the Guardian. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theguardian.com\/money\/2023\/jul\/15\/holiday-hotspots-where-your-pound-will-go-furthest-this-summer\" style=\"\">The Guardian<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/li>\n<li><span style=\"font-weight:700\">Which A-listers have performed at the Giza Pyramids?<\/span><span style=\"\"> With rapper Travis <\/span><span>Scott set to unveil his upcoming album at the pyramids later this month, the National is out with a list of the biggest artists to perform at the famous site. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.thenationalnews.com\/arts-culture\/2023\/07\/15\/ten-artists-who-have-played-at-pyramids-of-giza\/\" style=\"\">The National<\/a><\/span><span>)<\/span><\/li>\n<li><span style=\"font-weight:700\">More mahraganat:<\/span><span style=\"\"> In a long read for the <\/span><span style=\"\">Guardian<\/span><span style=\"\">, author Yasmine El Rashidi writes <\/span><span>about the rise of Egyptian hip-hop and what the genre\u2019s popularity says about a generation of young Egyptians who came of age after the 2011 revolution. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theguardian.com\/world\/2023\/jul\/11\/egypt-music-hip-hop-mahraganat-rebellion-protests-tahrir-square-cairo\" style=\"\">The Guardian<\/a><\/span><span>)<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The two leaders agreed to find a solution to the long-running dispute within four months<\/p>\n","protected":false},"author":1,"featured_media":590210,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[96,1159,6725,72,410],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-590209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-abdel-fattah-el-sisi","tag-abiy-ahmed","tag-egypt-ethiopia-relations","tag-enterpriseam","tag-gerd","wpautop","entry"],"acf":{"mongo_id":"ac947b0a-612e-4054-a730-90776aa36f5d","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/571.jpg","photo_position":"above","homepage_title":"","full_issue_title":"El Sisi-Abiy Ahmed GERD talks are leading the conversation on Egypt in the foreign press this morning","related_issue":[590184],"teaser":"The two leaders agreed to find a solution to the long-running dispute within four months","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.8d1d5209-d911-4fb2-9154-cdecb0079520.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The two leaders,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594191,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/22\/shoukry-calls-for-russian-mediation-on-gerd-ahead-of-el-sisis-meeting-with-abiy-ahmed\/","url_meta":{"origin":590209,"position":2},"title":"Shoukry calls for Russian mediation on GERD ahead of El Sisi's meeting with Abiy Ahmed","author":"enterpriseam admin","date":"22 October 2019","format":false,"excerpt":"President Abdel Fattah El Sisi and Ethiopian Prime Minister Abiy Ahmed are set to meet on the sidelines of the Russia-Africa summit this week to discuss the impasse over the Grand Ethiopian Renaissance Dam. Echoing Egypt\u2019s request for international mediation, an editorial in the National yesterday calls on the two\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569380,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/23\/egypts-el-sisi-meets-ethiopian-special-envoy\/","url_meta":{"origin":590209,"position":3},"title":"Egypt\u2019s El Sisi meets Ethiopian special envoy","author":"enterpriseam admin","date":"23 February 2020","format":false,"excerpt":"El Sisi meets Ethiopian special envoy: President Abdel Fattah El Sisi discussed the agreement Egypt is expected to sign with Ethiopia and Sudan by the end of the month to end the Grand Ethiopian Renaissance Dam deadlock with Hailemariam Desalegn, former Ethiopian prime minister and special envoy to Prime Minister\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594462,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/30\/us-to-play-a-role-in-mediating-the-egypt-ethiopia-gerd-conflict\/","url_meta":{"origin":590209,"position":4},"title":"US to play a role in mediating the Egypt-Ethiopia GERD conflict","author":"enterpriseam admin","date":"30 October 2019","format":false,"excerpt":"US steps in to mediate in the Egypt-Ethiopia GERD dispute: The US has invited members of the Egyptian, Ethiopian and Sudanese governments to Washington on 6 November to try and resolve the dispute surrounding the Grand Ethiopian Renaissance Dam (GERD, Foreign Minister Sameh Shoukry said at a press conference yesterday,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548564,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/14\/another-year-another-gerd-filling-ethiopia-fires-up-another-turbine-at-the-dam\/","url_meta":{"origin":590209,"position":5},"title":"Another year, another GERD filling + Ethiopia fires up another turbine at the dam","author":"enterpriseam admin","date":"14 August 2022","format":false,"excerpt":"Ethiopia has completed the third filling of its USD 4.2 bn Grand Ethiopian Renaissance Dam (GERD), the office of Ethiopian Prime Minister Abiy Ahmed said on Friday. 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