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Egypt sees political, economic gains in Gaza reconstruction

Cairo has launched an initiative to rebuild Gaza, coinciding with cease-fire efforts, through which Egypt seeks to extend its influence over the region and achieve political and economic gains.

Egypt promotes economic ties with Sudan

Egypt promotes economic ties with Sudan
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Russia, Iran again promote alternative to Suez Canal

April 23, 2021 CAIRO The disruption of global traffic in the Suez Canal in late March after the giant container ship Ever Given went aground prompted Russia and Iran to mention, once more, the International North-South Transport Corridor as an alternative option to the Suez Canal in the future.  The Russian and Iranian proposals raised questions as to whether the corridor could affect the revenues generated from the Egyptian canal. Shipping was halted in the canal March 23 after the Ever Given was stuck sideways on a narrow section of the canal and required almost a week of efforts before being dislodged.  Speaking to the press ahead of a meeting with his Iranian counterpart in Tehran on April 13, Russian Foreign Minister Sergey Lavrov said Russia and Iran are interested in developing the International North-South Transport Corridor. He added that discussions are underway in Tehran to boost cooperation between the two countries and explore the economic benefits of the corri

Egypt, Sudan to build port in border area

Egypt, Sudan to build port in border area Egypt and Sudan agreed to set up a joint committee for the development of the port of Wadi Halfa in Sudan, as part of efforts to boost bilateral relations. A Sudanese police officer is rowed to a passenger steamboat that has just arrived from Aswan at the Sudanese frontier town of Wadi Halfa on the River Nile, circa 1950. April 19, 2021 CAIRO At a meeting held in Khartoum April 12, and chaired by Sudan s Minister of Transport Mirghani Mousa, Egypt’s Minister of Transport Kamel al-Wazir said that works to build a new port in Wadi Halfa in North Sudan will be launched as soon as possible. Wazir noted that his ministry is ready to meet all of the Sudanese demands with the very purpose of developing the transport sector between the two countries.

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