Latest in Tag: suez canal Highlight

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Latest in Tag: suez canal


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Egypt agrees $540m compensation for Suez Canal obstruction incident

Egypt has signed a preliminary agreement with the owners of the Ever Given ship that blocked the Suez Canal in March, to pay $540m in compensation, Al Arabiya reported citing anonymous sources. According to the agreement, the Suez Canal Authority (SCA) will not file a complaint regarding the issue, and that the SCA will provide …

Nehal Samir

gerd

Opinion|The Nile is a red line

I mean here his statement about the Grand Ethiopian Renaissance Dam (GERD) negotiations, when he said, “We do not threaten anyone, but no one can take a drop of water from Egypt. Otherwise, the region will witness a state of instability that no one could imagine. And whoever wants to test us, let him please.”

Hatem Sadek