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SCA to carry out dredging works in Egyptian lakes

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Home Egypt

SCA to carry out dredging works in Egyptian lakes

by Gazette Staff
May 21, 2026
in Egypt, Late Night Roundup
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Under directives from President Abdel Fattah el-Sisi to develop Egypt’s lakes, the Suez Canal Authority (SCA) and the Future of Egypt for Sustainable Development (Mostaqbal Misr) signed a cooperation protocol on Thursday.

CBE keeps key interest rates unchanged

For the second month in a row, the Central Bank of Egypt (CBE) decided on Thursday to leave its key policy rates unchanged, citing prevailing inflationary pressures and mounting uncertainties in the global economic environment.

Trump demands Iran’s uranium, no tolls on Hormuz ships

The U.S. and Iran stuck on Thursday to directly opposing stances over Tehran’s uranium stockpile and controls on the Strait of ​Hormuz, providing little fodder for hope in Pakistani-led efforts to end the conflict.

Peace envoy warns UN Gaza split may become permanent

The Board of Peace’s lead envoy for Gaza warned ‌the U.N. Security Council on Thursday that the enclave’s current division could become permanent, leaving more than 2 million people crowded into less than half its territory, unless a ceasefire takes hold.

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