Back to the complete issue
Wednesday, 30 September 2020

Diplo + Foreign Trade on 30 September 2020

On the diplomatic front this morning: President Abdel Fattah El Sisi discussed efforts to resolve the conflict in Libya with UK Prime Minister Boris Johnson, an Ittihadiya statement said yesterday. Johnson expressed support for Egypt’s efforts to bring about a ceasefire and committed to work in tandem with the Egyptian government going forward. They also discussed the latest developments on the Palestinian issue and the talks on the Grand Ethiopian Renaissance Dam.

Efforts to alleviate the debt burden of developing countries in light of the pandemic received an endorsement from Prime Minister Madbouly during a UN meeting this week, the local press reports. The international community should work together to ease credit terms from international lenders and ensure funds are provided to the hardest-hit countries, Madbouly said. He also came out in support of efforts to reduce the cost of transferring remittances from workers abroad.

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 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; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.