Page 3 - Egypt

Egypt to explore possibility of tapping Indian financial markets: Report

Egypt, facing a severe foreign currency shortage, has been struggling to attract foreign investment

Biden speaks to Al-Sisi, appreciates Egypt's role in aid delivery to Gaza

They also discussed the importance of protecting civilian lives, respect for international humanitarian law, and ensuring that Palestinians in Gaza are not displaced to Egypt or any other nation

We share concerns regarding terrorism: PM Modi speaks with Egyptian prez

Sharing details of his conversations with the Egyptian President on his social media handle, PM Modi said both leaders shared concerns over the scourge of terrorism

PM speaks with Egyptian President, discusses Israeli military ops in Gaza

The spokesman explained that during the call, Al Sisi stressed Egypt's continued efforts to coordinate regional and international efforts to push for a ceasefire

Israel-Hamas war could threaten fragile economies in Egypt, Lebanon, Jordan

Economic crises are rippling through the countries bordering Israel, raising the possibility of a chain reaction from the war with Hamas that further worsens the financial health and political stability of Egypt, Jordan and Lebanon and creates problems well beyond. Each of the three countries is up against differing economic pressures that led the International Monetary Fund to warn in a September report that they could lose their "sociopolitical stability." That warning came shortly before Hamas attacked Israel on Oct. 7, triggering a war that could easily cause economic chaos that President Joe Biden and the European Union would likely need to address. The possible fallout is now starting to be recognized by world leaders and policy analysts. For a Biden administration committed to stopping the Israel-Hamas war from widening, the conflict could amplify the economic strains and possibly cause governments to collapse. If the chaos went unchecked, it could spread across a region that

IDF expresses regret after Israeli tank accidentally fires at Egyptian post

Meanwhile, several Merkava tanks and troops have been positioned by the Israel Defence Forces (IDF) near the Gaza border in South Israel

UN leaders welcome aid's entry into Gaza but note it's far from enough

United Nations leaders and agencies have welcomed the entry of a humanitarian aid convoy into Gaza via the Rafah border crossing with Egypt but noted that it is only a small beginning, still far from enough and reiterated their appeal for an immediate ceasefire. A 20-truck convoy of the Egyptian Red Crescent entered Gaza with humanitarian supplies, the first since the conflict began following attacks by the Palestinian militant group Hamas on Israel on October 7. "I want to express my deep gratitude to Egypt in this regard. But the people of Gaza need a commitment for much, much more a continuous delivery of aid to Gaza at the scale that is needed," UN Secretary-General Antonio Guterres said on Saturday. "We are working nonstop with all parties that are relevant to make it happen, he said in remarks at the Cairo Summit for Peace. Five UN agencies - UN Development Programme (UNDP), the UN Population Fund (UNFPA), the UN Children's Fund (UNICEF), the World Food Programme (WFP) and t

Israel-Hamas war: Aid trucks enter Gaza from Egypt as Rafah crossing opens

WHO chief Tedros Adhanom Ghebreyesus warned that "needs are far higher" in the enclave that has more than 2 million people

Egypt-Gaza border crossing opens, letting aid flow to Palestinians

The border crossing between Egypt and Gaza opened on Saturday to let desperately needed aid flow to Palestinians running short of food, medicine and water in the territory that is under an Israeli siege. More than 200 trucks carrying roughly 3,000 tonnes of aid had been positioned near the crossing for days before heading into Gaza. An Associated Press reporter saw the trucks entering. Israel blockaded the territory and launched waves of punishing airstrikes following the October 7 rampage by Hamas militants on towns in southern Israel. Many in Gaza, reduced to eating one meal a day and without enough water to drink, are waiting desperately for the aid. Hospital workers were also in urgent need of medical supplies and fuel for their generators as they treat huge numbers of people wounded in the bombings. Hundreds of foreign passport holders also waited to cross from Gaza to Egypt to escape the conflict. Meanwhile, Israel and Palestinian militants traded fire on Saturday after Hama

Sunak travels to Egypt for crisis talks to prevent conflict from spilling

British Prime Minister Rishi Sunak will travel to Egypt on Friday as part of his Middle East tour for crisis talks to prevent the Israel-Gaza conflict spilling over across the region. His talks with Egyptian President Abdel Fattah El-Sisi follow productive discussions with Saudi Crown Prince Mohammed bin Salman in Saudi Arabia on Thursday. I had an important and productive meeting with Crown Prince Mohammed bin Salman. We agreed on coordinated action to prevent further escalation in the region, provide vital humanitarian aid in Gaza and support stability, both now and in the long-term, tweeted Sunak after the meeting. Sunak "encouraged the Crown Prince to use Saudi's leadership in the region to support stability, both now and in the long-term", Downing Street said. His stop at Riyadh followed a visit to Israel for talks with President Isaac Herzog and Prime Minister Benjamin Netanyahu during which he addressed a joint press conference with the latter to reiterate that the UK stands

As Israel readies troops for ground assault, Gaza awaits much-needed aid

Israel pounded the Gaza Strip with airstrikes Thursday, including in the south where Palestinians were told to take refuge, as the Israeli defense minister ordered ground troops to prepare to see Gaza from the inside, though he didn't indicate when the ground assault would begin. Gaza's overwhelmed hospitals tried to stretch out ebbing medical supplies and fuel for generators, as authorities worked out logistics for a desperately needed aid delivery from Egypt. Doctors in darkened wards across Gaza performed surgeries by the light of mobile phones and used vinegar to treat infected wounds. Amid the violence, President Joe Biden pledged unwavering support for Israel's security, today and always, while adding that the world can't ignore the humanity of innocent Palestinians" in the besieged Gaza Strip. In an address Thursday night from the Oval office, hours after returning to Washington from an urgent visit to Israel, Biden drew a distinction between ordinary Palestinians and Hamas,

UN-backed aid could soon enter Gaza from Egypt, but only at trickle for now

President Joe Biden says he struck a deal with his Egyptian counterpart to allow a first run of 20 trucks carrying humanitarian aid to enter Gaza, which Israel sealed off after the Hamas attack on October 7. Israel says it's now ready to honour Biden's request to let in limited humanitarian aid. The Egyptian and Palestinian Red Crescent Societies and the United Nations are expected to help oversee the operation, in part to ensure the supplies from the convoy through the Rafah Crossing on Egypt's border with Gaza reaches civilians not combatants. Official at the UN health agency say they're praying the first tranche will go in on Friday. Here's a look at what could be expected to go in, and how. WHAT THE TRUCKS WILL CARRY The United Nations and its various agencies the World Health Organisation, the World Food Program, and children's agency UNICEF among them along with partners like Red Cross and Red Crescent groups are accustomed to moving needed goods to troubled areas. They

Egypt allowed to deliver aid to Gaza as doctors struggle to treat victims

Israel said Wednesday that it will allow Egypt to deliver limited humanitarian aid to the Gaza Strip. The first crack in a punishing 10-day siege on the territory came one day after a blast at a hospital killed hundreds and put immense strain on Gaza's struggling medical system. The announcement to allow water, food and other supplies happened as fury over the blast at Gaza City's al-Ahli Hospital spread across the Middle East, and as US President Joe Biden visited Israel in hopes of preventing a wider conflict in the region. There were conflicting claims of who was behind the explosion on Tuesday night, but protests flared quickly in the region as many Arab leaders said Israel was responsible. Hamas officials in Gaza quickly blamed an Israeli airstrike, saying hundreds were killed. Israel denied it was involved and released a flurry of video, audio and other information that it said showed the blast was instead due to a rocket misfire by Islamic Jihad, another militant group ...

Egypt agrees to open Gaza border to allow in 20 trucks with aid: Biden

President Joe Biden on Wednesday said Egypt's president has agreed to open a border crossing into Gaza to allow in 20 trucks with humanitarian aid. Biden said he spoke with Egypt President Abdel Fattah El-Sisi after his visit to Israel, where leaders there agreed to allow the aid in. Israel sealed off the Gaza Strip, stopping all entry of food, water, medicine, and fuel to its 2.3 million people following the Hamas attack on October 7. White House officials said the aid would flow in the coming days. Biden said if Hamas confiscates the aid, it will end.

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With humanitarian aid blocked at Egyptian border, Gaza close to collapse

Truckloads of aid idled at Egypt's border with Gaza as residents and humanitarian groups pleaded Monday for water, food and fuel for dying generators, saying the tiny Palestinian territory sealed off by Israel after last week's rampage by Hamas was near total collapse. U.S. President Joe Biden planned to travel to Israel on Wednesday to signal White House support for the country and to Jordan to meet with Arab leaders. U.S. Secretary of State Antony Blinken announced the trip early Tuesday in Tel Aviv during his second visit to Israel in less than a week amid fears that the fighting could expand into a broader regional conflict. In Gaza, hospitals were on the verge of losing electricity, threatening the lives of thousands of patients, and hundreds of thousands of Palestinians displaced from their homes searched for bread. Israel maintained punishing airstrikes across Gaza as a ground invasion loomed, while Hamas militants kept up a barrage of rocket attacks, and tensions mounted near

Blinken voices confidence in Gaza aid delivery, Rafah crossing to reopen

"We're putting in place with the United Nations, with Egypt, with Israel, with others, a mechanism by which to get the assistance in and to get it to people who need it," he said

WHO plane carrying medical supplies for people of Gaza lands in Egypt

WHO Director-General Tedros Adhanom Ghebreyesus reiterated his call on Israel to reconsider its decision to evacuate 1.1 million people in Gaza

Israel strikes neighbourhoods in Gaza Strip as war appears to escalate

Residents of the Gaza Strip scrambled to find safety Wednesday, as Israeli warplanes hammered neighbourhood after neighbourhood in the tiny coastal enclave, retaliating for the deadly weekend attack by Hamas militants. As Gazans crowded into UN schools and a shrinking number of safe neighbourhoods, humanitarian groups pleaded for the creation of corridors to get aid into Gaza, warning that hospitals overwhelmed with wounded people were running out of supplies. Israel has stopped entry of food, fuel and medicine into Gaza, and the sole remaining access from Egypt shut down Tuesday after airstrikes hit near the border crossing. The war, which has claimed at least 2,100 lives on both sides, is expected to escalate. Israel appears determined to crush Hamas' hold on Gaza, following an unprecedented attack in which militants gunned down civilians in their homes, on streets and at a mass outdoor music festival, while dragging men, women and children into captivity. Hamas and other milita

Emerging economies face China and rate pressures as IMF, World Bank meet

Restructuring efforts for defaulted countries could reach a breakthrough before year-end as talks continue, while the finances of nations like Pakistan and Egypt will also be under scrutiny