Negotiations between Egypt and Ethiopia over GERD dam project stall
In a recent local Egyptian television interview with Foreign Minister Badr Abdelatty, he stated that “Egypt had utilized all peaceful
Egypt has announced a 15-percent increase in petrol prices, which will come into effect on Friday, as part of a reform package requested by the International
Monetary Fund to proceed with a $5 billion loan to the cash-strapped
government.
Reporting by AFP said the announcement comes ahead of an IMF meeting on Monday to review the April payout package, unlocking $820 million in funds after Cairo received another such tranche of the loan in late June.
Sign up for the weekly newsletter and get our latest stories delivered straight to your inbox.