Category Archives: Diary of Aak

This Week in Egypt: Week 40-2022 ( Oct 10-16)

Top Headlines IMF chief Georgieva says ‘big policy issues’ resolved in talks with Egypt  Fitch Solutions upgrades its projections for Egypt’s GDP growth by 0.36% in 2022, expects EGP to further weaken Egypt restricts dollar withdrawals amid liquidity crunch Inflation … Continue reading →

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This Week in Egypt: Week 39-2022 ( Oct 3-9)

Top Headlines Joe Biden and Liz Truss will attend the UN’s climate change summit COP 27 in Egypt Egypt freezes Russian MIR payments to avoid US sanctions  Greek FM in Egypt for talks after Turkey’s deals with Libya Egypt persuades … Continue reading →

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This Week in Egypt: Week 38-2022 ( Sept 26- Oct 2)

Top Headlines King Charles abandons plans to attend Cop27 Influential Sunni Islamist cleric Yusuf al-Qaradawi dies aged 96 Egypt’s net foreign assets resume decline in August  Egypt’s import squeeze hobbles economy as dollars run short The Egyptian hosts of COP … Continue reading →

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This Week in Egypt: Week 37-2022 ( Sept 19-25)

Top headlines Egypt’s central bank eases currency rules to clear import backlog, and keeps interest rates unchanged US Secretary of State met with Egyptian Foreign Minister in New York Egypt’s 2021-2022 natural gas and LNG export revenue hits $8 billion Egypt’s … Continue reading →

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This Week in Egypt: Week 36-2022 ( Sept 12-18)

Top Headlines Egypt’s Sisi visits Qatar for the first time since 2017, signed agreements to boost cooperation  Egypt frees detained Al Jazeera journalist  U.S. to withhold $130 million of military aid to Egypt over human rights Egypt to raise Suez … Continue reading →

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This Week in Egypt: Week 32-2022 (August 8-14)

Top Headlines At least 41 people have been killed in fire at church in the worst fire tragedy in Egypt’s recent history Ethiopia completes third phase of filling of its dam reservoir Annual urban inflation in Egypt increases to 13.6% … Continue reading →

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This Week in Egypt: Week 31-2022 ( August 1-7)

Top headlines Egypt-brokered ceasefire in Gaza comes into effect after 3-day conflict  Egypt is mediating between Israel, Palestinians to prevent escalation US dollar price nears 19 EGP at Egypt’s major banks  Saudi Arabis’s Public Investment fund unveils new Egyptian investment … Continue reading →

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This Week in Egypt: Week 30-2022 ( July 25-31)

Top headlines IMF says Egypt needs progress on fiscal and structural reform Egypt categorically rejects Ethiopia’s unilateral filling of GERD in letter to UN Security Council  Egypt cancels contracts for 240,000 T of stranded Ukrainian wheat Egypt frees 7, including … Continue reading →

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This Week in Egypt: Week 29- 2022 ( July 18-24)

Top Headlines Egypt’s Sisi visited Germany, Serbia, and France Macron hosts Egypt’s al-Sisi in Paris for talks on security and defence Russian FM visits Egypt, part of Africa trip amid Ukraine war US special envoy begins tour of Egypt, UAE, … Continue reading →

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This Week in Egypt: Week 28-2022 ( July 11-17)

Top Headlines Egypt’s Sisi attended Jeddah summit, and discussed with Biden Israel/Palestine and GERD Egypt, US reaffirm shared commitment to strategic partnership Biden secures deal on Red Sea islands transfer deal between Saudi Arabia, Egypt, and Israel Peacekeepers to leave strategic Red … Continue reading →

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