For decades, the US dollar has dominated the global trade. This became possible after the establishment of the liberal world order. The US dollar enjoyed unparalleled dominance as the leading reserve currency of the world. The US Federal Reserve holds that 96% of international trade invoicing into the Americas, 74% in the Asia-Pacific region, and 79% in other countries was done in the US dollar…

Israel’s imminent attack on Rafah and the full support of the US in this beating of Palestinians is an appalling and unacceptable situation that requires the immediate attention of the entire world community. In the conflict between Israel and Palestine, such barbaric acts of violence only exacerbate tensions and divide the peoples. Instead of destroying the fundamental rights and dignity of the Palestinian people, the world must seek a just and peaceful solution to this deep-rooted conflict. Israel and Palestine must find a compromise and stop attacking…

Regarding Egypt’s position on the Ethiopian-Somali conflict, Cairo immediately issued an unequivocal warning to Addis Ababa. On 3 January this year, the Egyptian Ministry of Water Resources and Irrigation stressed that the next round of tripartite negotiations on the use of the waters of the Blue Nile on 19 December 2023 had not yielded positive results and that Cairo would “closely monitor the filling of the reservoir and the operation…

The visit made by Turkish President Recep Tayyip Erdoğan to Egypt in mid-February lived up to expectations and produced positive results. The visit was aimed at restoring relations between Cairo and Ankara. The aim was to bring them back to the level they were at ten years ago. After the talks, the two parties signed a joint declaration that included provisions for restructuring the high level Strategic Cooperation Council and strengthening trade and security cooperation. During the meeting, the sides also discussed cooperation in the fields of energy, tourism, culture and education…

The head of the National Elections Authority (NEA), Judge Hazem Badawy, announced that Egyptian President Abdel Fattah El-Sisi was re-elected to a new six-year term with 89.6 percent of the vote in a landslide election victory. He said turnout was 66.8 percent of more than 67.3 million registered voters and President El-Sisi received 39,702,451 valid votes. The runner-up, Hazem Omar, received 1,986,352 votes, representing 4.5 percent of the valid ballots recorded by the authority. Farid Zahran finished third with 1,776,952 or 4 percent of the votes. Abdel-Sanad Yamama came fourth with 822,606 votes, or 1.9 percent, Badawy said…

In an attempt to address the pressing humanitarian needs and contain the conflict in Gaza, summits continue to take place all over the world. Perhaps the most active in this is our closest neighbor and very concerned Egypt, which is making great efforts to resolve this massacre and to provide the Palestinians with food and everything they need to help them survive in these very difficult conditions. The meeting between President Abdel Fattah El-Sisi and Sheikh Tamim bin Hamad Al-Thani, Emir of Qatar, took place in Qatar on November 10. He participated at the Joint…

Nearly two weeks after the current conflict erupted in the Middle East, aid trucks were finally allowed to cross the Egyptian border into Gaza, carrying much-needed aid supplies and food to the beleaguered citizens. 20 trucks entered Gaza from the Rafah crossing in Egypt, a fraction of the 200 or so trucks already positioned at the border at that time. The delivery through Egypt, though a welcome development, came after strong denials from both it and Jordan to accept refugees from Palestine and to intervene in the conflict…

Speaking at a military graduation ceremony in mid-October, President Abdel Fattah el-Sisi made his country’s approach to the bloody crisis in the Palestinian Gaza Strip clear and concise. At the same time, he emphasised that his words are “verified and cannot have a double interpretation”. In his view, Egypt today is in the midst of “very dangerous processes” directly related to the designs of a number of international players to change “the trajectory of a just solution to the Palestinian problem on the principles of the Oslo Accords, based on the provisions of the peace…

The Kingdom’s news agency (SPA) reported that the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) have officially resumed ceasefire talks in Jeddah, Saudi Arabia. The ceasefire talks are mainly facilitated by the Kingdom of Saudi Arabia, the African Union and IGAD (Intergovernmental Authority on Development, includes Djibouti, Ethiopia, Kenya, Somalia, Sudan, Uganda and Eritrea). Of late, however, the three have been unceremoniously interfered with by the senile US, which, as the unipolar world it created leaves the world stage…

The European Parliament has recently been criticised by political parties, parliamentarians, and the European Parliament for a recent resolution that deals with the country’s future elections and the treatment of the opposition, calling it an unacceptable interference in the internal affairs of a “sovereign state”. The European Parliament unilaterally adopted a harsh and unintelligible resolution calling on Egypt to hold fair, free and just presidential elections and to stop suppressing opposition voices in the run-up to the elections. The resolution also criticises…

It could be argued with great confidence that the BRICS economic alliance is increasingly gaining prestige on the world stage and more and more countries want to become its members, participating in the creation of a new world order based on multilateralism. At the same time, this alliance is increasingly expanding its activities, spreading it to all continents and areas of international finance. There have been reports that the BRICS is considering creating a new global payment system for international trade, which would be an alternative to the Society for Worldwide Interbank Financial Telecommunications (SWIFT)…

The G20 summit held in the Bharat (Indian) capital, New Delhi, from September 9 to 10, was simultaneously marred by a very tense international environment. The war unleashed by US-led NATO at the hands of Ukrainian neo-Nazis against Russia has already exacerbated the global energy and food security crises, which were already severe due to the effects of the Covid-19 pandemic on production levels and international supply chains. This is happening amidst a changing international order as many countries are pursuing their own interests and a growing desire to form stronger alliances and blocs. Russia and China are pushing…