Back to the complete issue
Thursday, 11 May 2017

El Sisi meets with Kenyan President in Cairo

There is no political rapprochement between Egypt and Hamas, but there are channels of dialogue in the context of security and internal Palestinian reconciliation, a Foreign Ministry spokesperson said, according to Ynet. He said Hamas’ new political document shows “there is a change in some of Hamas’ positions regarding the Palestinian issue—the agreement to the 1967 lines, the vision regarding solutions and sources of authority for a political settlement, the connection with Israel.”

Saudi Arabia is allegedly providing Sudan with financial assistance to allow it to seek adequate legal assistance in case it files for international arbitration against Egypt over the Halayeb Triangle, an unnamed diplomatic source told Mada Masr. The source also said Egyptian authorities are aware that there is an understanding between Saudi Arabia and Sudan to recognise Halayeb as Sudanese territory.

Egypt’s African diplomacy push continues: President Abdel Fattah El Sisi met with Kenyan President Uhuru Kenyatta in Cairo yesterday, Ahram Online reports. They discussed bilateral ties, African development, and restoring stability in East Africa and the Horn of Africa. The meeting comes ahead of the Nile Basin Initiative’s presidential summit slated for 25 May. Meanwhile, Foreign Minister Sameh Shoukry arrived in Ghana yesterday for a 24-hour visit, where he met with counterpart Shirley Ayorkor Botchway and parliament speaker Aaron Mike Oquaye, Al Mal reports.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.