This Week in Egypt: Week 10-2023 ( March 6-12)


Top Headlines

  • Egypt’s annual inflation soars to 31.9 % in February
  • Egypt’s pound has weakened more than 6% against the US dollar on the black market
  • US Defense Secretary Lloyd Austin and Egyptian President al-Sisi reaffirmed their countries’ close military ties
  • Egyptian Presidency: Saudi-Iranian deal is an important step to remove points of tension in the region
  • Egypt withdraws from UN grain treaty prompting sadness and concern
  • German, UAE, Egypt consortium signs $34 billion Hydrogen deal with Mauritania
  • Egypt eases citizenship terms for foreigners  
  • Archaeologists in Egypt unearth Sphinx-like Roman-era statue

Main Headlines

Monday

Tuesday

Wednesday

  • US Defense Secretary Lloyd Austin and Egyptian President al-Sisi reaffirmed their countries’ close military ties
  • German, UAE, Egypt consortium signs $34 billion Hydrogen deal with Mauritania

Thursday

  • Egypt’s annual urban consumer inflation rate in February leapt to a higher-than-expected 31.9%
  • Egypt comes almost full circle in winning back and then losing the confidence of bond investors just over two months after sealing a deal with the IMF
  • Egypt eases citizenship terms for foreigners
  • Energean confirms delivery of first gas development in Egypt

  • Friday

Saturday

  • Saudi-Iranian deal is an ‘important step’ to remove points of tension in the region: Egyptian presidency
  • Egypt withdraws from UN grain treaty prompting sadness and concern
  • China Energy to build $5.1bn green hydrogen plant in Egypt

Sunday

  • Greek court sentences Egyptian man to 280 years in prison for ‘trafficking in migrants’
  • Egypt looks to begin offering of military firms this week 
  •  

Reports

  • Egypt seeks to attract Islamic investors with debut sukuk, EGX Sharia index
  • Readout of Secretary of Defense Lloyd J. Austin III’s Meetings with Egyptian President Al-Sissi  

From Twitter

Plus

  • Egypt ranks 3rd most physically attractive Arab nation

About nervana111

Doctor, blogger and Commentator on Middle East issues. The only practising doctor who write in Middle Eastern politics in UK.
This entry was posted in Diary of Aak, Egypt and tagged , , , , . Bookmark the permalink.

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