This Week in Egypt: Week 36-2020 (Aug 31- Sept 6)


Top Headlines

  • U.S. to cut $100 million in aid to Ethiopia over dam dispute with Egypt and Sudan 
  • Ethiopia hires US lobby firm amid Nile dam dispute, domestic tensions
  • Egypt reiterates solidarity with Sudan during floods
  • Moody’s credit rating institution, has kept Egypt’s credit rating at B2 with a stable outlook
  • Egyptian and Maltese foreign ministers meet in Cairo, discuss crisis in Libya
  • Original Africa Cup of Nations trophy is missing in Egypt

Main Headlines

Monday

  • Egypt signs $2 billion loan with regional, international banks
  • Israel and Hamas agree to restore calm along Gaza border
  • Egypt’s M2 money supply rises 19.08% year-on-year in July
  • Egypt welcomes Sudan’s peace pact with revolutionary front
  • Egypt’s prosecution releases on bail a woman filmed assaulting police officer

Tuesday

  • Egypt expects above-average Nile flood amid GERD crisis
  • Egypt signs 15-year contract with France metro line operator to manage 3rd line
  • Egypt repaid USD 6.8bln in debts in Q1 2020: CBE
  • Egypt’s external debt declines to $111.3 bln in 1Q 2020, public debt to $60.4 billion: CBE

Wednesday

  • The U.S. has decided to cut $100 million in aid to Ethiopia amid a dispute with Egypt and Sudan dispute over GERD
  • Egypt supports ‘any steps’ to bring peace to region while preserving Palestinian rights, Sisi tells Netanyahu 
  • Moody’s credit rating institution, has kept Egypt’s credit rating at B2 with a stable outlook
  • Dana Gas in talks with IPR Energy on Egypt assets sale 
  • Egypt’s prosecution investigates 3  allegations of sexual harassmen by a dentist

Thursday

 Friday

Saturday

 Sunday

Reports

  • Qatar calls for two-state solution while Egypt backs UAE-Israel deal. Al-Monitor 
  • Is coronavirus pushing women in Egypt out of the workforce? May el Habachi

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About nervana111

Doctor, blogger and Commentator on Middle East issues. The only practising doctor who write in Middle Eastern politics in UK.
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