This Week in Egypt: Week 25-2023 ( June 19-25)


Top Headlines

  • PM Modi arrives in Egypt for two-day state visit, first since 1997
  • Saudi Crown Prince MBS meets Egypt’s Sisi in France
  • Egypt’s CBE maintains interest rates unchanged in final meeting of FY2022/23
  • Egyptian man is arrested in London on suspicion of smuggling of migrants into Italy
  • Pep Guardiola’s 8-day family vacation boosts Egypt’s tourism industry
  • Divisions hit Wafd party as two members vie to run in Egypt’s presidential election

Main Headlines

Monday

  • EU allocates €20 million to help Egypt manage influx of refugees fleeing Sudan
  • Egyptian family awaits word on son as village mourns dozens feared drowned trying to reach Europe
  • Rare shark spotted close to Eilat beach, week after deadly attack in Egypt
  • Egypt’s SIS responds to The Economist‘s ‘fallacies and allegations’

Tuesday

  • Egypt is seen leaving interest rates on hold
  • IMF urges Egypt to address FX reserves leakage and multiple exchange rates
  • Supporting Egypt’s currency is like putting water in bucket that has holes: IMF Chief
  • Egypt hikes the minimum wage for private-sector workers for the second time in six months, as a series of currency devaluations leaves millions struggling with soaring living costs
  • Egypt to issue new EGP 20 plastic banknotes

Wednesday

  • Egyptian cabinet approves draft law lifting tax exemptions for state bodies
  • Ethiopia to launch fourth filling of controversial dam, despite opposition
  • Suez Canal‘s revenue soars 35% in FY 2022/23: Chairman
  • Green growth and sustainable development not mutually exclusive: Egypt’s Sisi at global financing summit in Paris
  • Egypt conducts major study on shark behaviour in Red Sea to reduce fatal encounters
  • Egypt calls for immediate cessation of Israeli attacks on Palestinians in West Bank

Thursday

  • Egypt’s CBE maintains interest rates unchanged in final meeting of FY2022/23
  • Egyptian man is arrested in London on suspicion of smuggling of migrants into Italy into Italy
  • Egypt offers new no-fee 96-hours transit visa at Cairo International Airport
  • British embassy in Cairo celebrates King Charles III’s 75th birthday

Friday

Saturday

  • PM Modi arrives In Egypt for two-day state visit
  • Divisions hit Wafd party as two members vie to run in Egypt’s presidential election
  • Al-Azhar condemns Israeli settlers’ destruction of Quran, violence against Palestinians
  • Egypt steel production slows amid dollar shortage, declining demand: Industry experts steel production

Sunday

  • Egypt and India bolster ties as Modi makes first trip to Cairo
  • Egypt, India moving forward to boost trade exchange to $12 billion in 5 years: PM Modi
  • Egypt raises gold jewellery processing fees by 10%

Reports/Read

  • India’s Modi makes first visit to Egypt as ties strengthen. Adam Lucente 
  • Egypt and India showcase model of regional autonomy amid global polarization. Mohamed Hegazy
  • Saudi Crown Prince MBS meets Egypt’s Sisi in France. Adam Lucente 
  • Egypt’s dog breed ban leaves owners scrambling to save their pets. Mahmoud Salem
  • Burying the dead and visiting their graves in Egypt: A rich history. Amira Noshokaty

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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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