Egypt has given notice it will withdraw at the end of June from a decades-old U.N. grains treaty, reported Reuters. The decision has caused consternation among other signatories to the convention. It follows a period [ More … ]
New intelligence collected from downed Iranian drones in Ukraine shows that a majority of the aircrafts’ parts are manufactured by companies in the U.S., Europe and other allied nations, reported the Wall Street Journal. This [ More … ]
Russian President Vladimir Putin sent a message of appreciation to Egypt when he received the credentials of new foreign ambassadors in Moscow, including the new Egyptian ambassador to Russia, Nazih al-Nagari, reported Egypt Independent, an [ More … ]
Amid a world food crisis, largely affecting Egypt, Sisi has called for an international solution to the global grain crisis, while addressing the St. Petersburg International Economic Forum. Egypt’s Abdel Fattah Al-Sisi on Friday said, [ More … ]
Despite its dire human rights record and its serious economic situation, the Biden administration has approved a potential sale of anti-tank missiles and other equipment to Egypt. The U.S. administration on Thursday informed Congress that [ More … ]
The General Authority for Supply Commodities (GASC), Egypt’s state grain buyer, bought 350k tons of wheat from France, Russia, and Bulgaria in its first concluded tender since war broke out in Europe’s breadbasket, Bloomberg reported. [ More … ]
Egypt to introduce new austerity measures as the war between Russia and Ukraine wrecks its economy Amid the Russia-Ukraine war, economists fear new austerity policies will exacerbate suffering of millions of Egyptians already hit by [ More … ]
Russia’s war on Ukraine has adversely affected the Arab region, which heavily depends on wheat imports, including from these two countries. The fallout from the war varies from country to country, but it has hurt [ More … ]
With the outbreak of the Russia-Ukraine war on Feb. 24, 2022, Egypt’s food security crisis now poses an existential threat to its economy, says Michael Tanchum, an American researcher and academic. Professor Michaël Tanchum, a [ More … ]
Russia’s invasion of Ukraine may cost Egypt about 955 million dollars in wheat import bills as wheat prices hit record highs. Egypt imports roughly 70 per cent of its wheat from Russia and Ukraine and [ More … ]
The ambassadors of the G7 (Canada, France, Germany, Italy, Japan, United Kingdom, U.S., and EU) have called on Egypt to issue a “clear and unanimous condemnation” of Russia’s unprovoked invasion and support Ukraine’s “territorial integrity [ More … ]
NATO member Turkey changed its rhetoric to call Russia’s assault on Ukraine a “war” on Sunday and pledged to implement parts of an international pact that would potentially limit the transit of Russian warships from [ More … ]
Despite the widespread condemnation of the Russian invasion of Ukraine across the world, yet some Arab countries supported Moscow in its recent moves, a report by The Independent has monitored. As Russia’s invasion unfolds, several [ More … ]
It seems that Egypt has not yet crystallized a decisive attitude towards the Russian-Ukrainian crisis, for fear that such a stance might later affect its relationship with any of the international powers involved in the [ More … ]
Russia resumed flights to Egyptian Red Sea resorts on Monday, ending a ban that had lasted almost six years following the bombing of a Russian airliner that killed all 224 people onboard. The local branch [ More … ]
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