FRENCH President Francois Hollande said Egypt would order 24 Rafale fighter jets, a naval frigate and related military equipment in a deal to be signed in Cairo on Monday worth more than 5 billion euros ($5.70 billion).
The contract would make Egypt, aiming to upgrade its military hardware amid fears the crisis in neighbouring Libya could spill over, the first export customer for the warplane, built by Dassault Aviation.
EGYPT rejects the current Grand Ethiopian Renaissance Dam’s (GERD) high storage capacity, as studies showed it will affect its national water security, reported state-owned Middle East News Agency (MENA) Sunday.
The dam’s storage capacity reaches 74bn cubic meters. Calling such capacity “unjustified and technically unacceptable”, Egypt asked Ethiopia to reduce it to what was agreed before the start of negotiations over the years-of-filling and operation of the dam. Continue reading Egypt Rejects Renaissance Dam Storage Capacity→
IN the three years since construction began on the 1.8km Grand Ethiopian Renaissance Dam across the Blue Nile River, Egypt and Ethiopia have been engaged in a war of words over its potential impacts.
Ethiopia believes the massive dam will herald an era of prosperity, spurring growth and attracting foreign currency with the export of power to neighbouring countries. But Egypt has raised concerns about the downstream effects, as the Blue Nile supplies the Nile with about 85 percent of its water. Continue reading Egypt to ‘Escalate’ Ethiopian Dam Dispute→