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Gulf alliances: Regional states hedge their bets

By James M. Dorsey The current Saudi-led intervention in Yemen, designed to prevent Iranian-backed forces from gaining power, symbolises the Gulf’s new assertiveness. This is unfolding as the various Gulf states seek to hedge their bets with different strategies that complement rather than replace the regional US security umbrella. Qatar, this month, signed a military …

Daily News Egypt

UAE and Egypt work hand-in-hand for a better Egypt

By Dr Sultan Ahmed Al-Jaber, Minister of State for the United Arab Emirates The past month has reinforced for the international community the importance of Egypt to the region and to the world. With the conclusion of the Arab League Summit and the Egypt Economic Development Conference (EEDC), Egypt has once again emerged as the region’s leading …

Daily News Egypt

Khalifa Fund activates development loan agreement to Egypt

A loan agreement between the Khalifa Fund for Enterprise Development, the Egyptian Ministry of International Cooperation and Social Fund for Development has been reintroduced, according to Khalifa Fund Chairman Hussain Jasim Al-Nowais. The agreement worth $200m was initially proposed in November 2014, to invest in Egyptian micro-project developments, following all the legal procedures in both …

Daily News Egypt