Business & Economy Bound

Egypt, Ethiopia and Sudan launch another attempt at negotiations over Nile damF

Foreign ministers from Egypt, Ethiopia and Sudan held talks in Kinshasa on Sunday over Addis Ababa's contested giant dam on the Nile, seen as vital by Ethiopia and a threat by downstream Egypt and Sudan. "These negotiations represent the last chance that the three...

Egypt: Negotiations over Ethiopian dam project going nowhereF

Egyptian President Abdel Fattah al-Sisi warned Tuesday that Ethiopia's enormous dam project, upstream on the Nile, risked causing "unimaginable instability". The dispute over the Grand Ethiopian Renaissance Dam (GERD) has been simmering for around a decade and...

Egypt: Suez Canal reopens after container ship refloatedF

By Hager Harabech with Mona Salem in Cairo -  Suez, Egypt, March 29, 2021 (AFP) - The MV Ever Given was refloated and the Suez Canal reopened on Monday, sparking relief almost a week after the huge container ship got stuck during a sandstorm and blocked a major artery...

Egypt: Container ship still stuck in Suez CanalF

By Mohamed Abouelenen - Egyptian authorities decided Sunday that more tugboats will be needed to free a mammoth container ship blocking the Suez Canal, a shipping agency said, dashing earlier hopes that the vital global trade route could be clear by the end of the...

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