US President Donald Trump has vowed to work towards a quick resolution of Egypt's water dispute with Ethiopia, which has completed building a Nile dam that Cairo claims could rob it of its vital share of the river's water.
Egyptian President Abdel Fattah El Sisi was quick to welcome Mr Trump's comments, heaping lavish praise on the American leader as a man of peace.
Ethiopia has said construction of the dam is complete, and invited Egypt and Sudan, downstream nations that have vigorously opposed the project, to the inauguration ceremony.
Construction on the hydroelectric $4 billion Grand Ethiopian Renaissance Dam (Gerd) began in 2011. It sits on the Blue Nile, by far the larger of the river's two tributaries, near the Sudanese border.
“I think if I am Egypt, I want to have water in the Nile and we are working on that,” Mr Trump said at a meeting with Nato Secretary General Mark Rutte at the White House.
He said the dam was “closing up water going to the Nile" and called the river “a very important source of income and life ... to take that away is pretty incredible. But we think we are going to have that solved very quickly.”
Mr El Sisi, Egypt's President of 11 years, responded on Tuesday to the US President's comments, writing on Facebook that his country appreciated them as proof of Washington's commitment under Mr Trump's leadership to end wars and settle disputes across the world. He specifically mentioned the Russia-Ukraine war, Africa and Gaza.
"Egypt values the importance President Trump attaches to reaching a fair agreement that safeguards the interests of everyone linked to the Ethiopian dam and his assertion of what the Nile represents to Egypt as a source of life," he said.
"Egypt renews its support for President Trump as he endeavours to install peace, stability and security in the nations of the region and the world."
Mr El Sisi's praise of the American leader comes at a time when relations between the two allied nations are fraught over the Gaza war, which has been raging in the coastal enclave over Egypt's eastern border since October 2023.
Besides his unwavering support for Israeli Prime Minister Benjamin Netanyahu, Egypt is particularly alarmed by Mr Trump's proposal to resettle Gaza's 2.3 million residents in its Sinai Peninsula, as well as in Jordan.
It says that if implemented, his vision for a Gaza turned into a glitzy beach resort without its native inhabitants poses a serious threat to Egyptian security.
In protest over the Gaza plan first suggested by Mr Trump in January, Mr El Sisi has indefinitely put off a visit to Washington that had been scheduled for February, sources told The National at the time. For his part, Mr Trump did not include Egypt in his Middle East tour in May.
Egypt, the most populous Arab nation, with about 107 million people, is alarmed that the Gerd project could reduce its share of the river, which provides almost all of its freshwater needs. It has called the dam an existential threat, arguing that any drop in its water share would wipe out millions of farming jobs and ruin Egypt's delicate food balance.
Sudan, Egypt's war-torn southern neighbour, is concerned that any structural damage to the dam would leave large parts of the country underwater. It has also complained that Ethiopia is not sharing data on the dam's operation.
Egypt and Sudan had engaged in years of fruitless negotiations with Ethiopia to reach a legally binding agreement on the filling and operation of the dam.
Their criticism of Addis Ababa over the dam, however, has slackened off in the past two years, with Sudan mired in a devastating civil war since April 2023.
Egypt, on the other hand, has been unaffected by the scheduled annual fillings of the dam that ended last summer, thanks to plentiful rain on the Ethiopian highlands that have kept the Nile bountiful.
With the reservoir at full capacity, Egypt's main concern is how much water Addis Ababa will allow to flow downstream during times of severe drought.
Ethiopia has maintained the dam does not pose a threat to anyone and is vital for its own development. It has said electricity generated by the dam would be available to neighbouring nations, including Sudan.
The dam began producing power in 2022 and is expected ultimately to create more than 6,000 megawatts of electricity – double Ethiopia’s current output and enough to make the East African nation of 120 million people a net energy exporter.
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
How the UAE gratuity payment is calculated now
Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.
The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.
1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):
a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33
b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.
2. For those who have worked more than five years
c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.
Note: The maximum figure cannot exceed two years total salary figure.
The Farewell
Director: Lulu Wang
Stars: Awkwafina, Zhao Shuzhen, Diana Lin, Tzi Ma
Four stars
PROFILE OF HALAN
Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
MATCH INFO
World Cup qualifier
Thailand 2 (Dangda 26', Panya 51')
UAE 1 (Mabkhout 45 2')
UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
The specs
Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)
The biog
Name: Mohammed Imtiaz
From: Gujranwala, Pakistan
Arrived in the UAE: 1976
Favourite clothes to make: Suit
Cost of a hand-made suit: From Dh550
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EYango%20Deli%20Tech%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%0D%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3E2022%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3ERetail%20SaaS%0D%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3ESelf%20funded%0D%3Cbr%3E%3C%2Fp%3E%0A
Russia's Muslim Heartlands
Dominic Rubin, Oxford
More on Quran memorisation:
Pakistanis%20at%20the%20ILT20%20
%3Cp%3EThe%20new%20UAE%20league%20has%20been%20boosted%20this%20season%20by%20the%20arrival%20of%20five%20Pakistanis%2C%20who%20were%20not%20released%20to%20play%20last%20year.%20%0D%3Cbr%3E%0D%0D%0D%3Cbr%3E%3Cstrong%3EShaheen%20Afridi%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3ESet%20for%20at%20least%20four%20matches%2C%20having%20arrived%20from%20New%20Zealand%20where%20he%20captained%20Pakistan%20in%20a%20series%20loss.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EShadab%20Khan%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3E%0DThe%20leg-spin%20bowling%20allrounder%20missed%20the%20tour%20of%20New%20Zealand%20after%20injuring%20an%20ankle%20when%20stepping%20on%20a%20ball.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAzam%20Khan%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3EPowerhouse%20wicketkeeper%20played%20three%20games%20for%20Pakistan%20on%20tour%20in%20New%20Zealand.%20He%20was%20the%20first%20Pakistani%20recruited%20to%20the%20ILT20.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMohammed%20Amir%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3EHas%20made%20himself%20unavailable%20for%20national%20duty%2C%20meaning%20he%20will%20be%20available%20for%20the%20entire%20ILT20%20campaign.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EImad%20Wasim%20(Abu%20Dhabi%20Knight%20Riders)%20%3C%2Fstrong%3E%0D%3Cbr%3EThe%20left-handed%20allrounder%2C%2035%2C%20retired%20from%20international%20cricket%20in%20November%20and%20was%20subsequently%20recruited%20by%20the%20Knight%20Riders.%26nbsp%3B%3C%2Fp%3E%0A
Premier Futsal 2017 Finals
Al Wasl Football Club; six teams, five-a-side
Delhi Dragons: Ronaldinho
Bengaluru Royals: Paul Scholes
Mumbai Warriors: Ryan Giggs
Chennai Ginghams: Hernan Crespo
Telugu Tigers: Deco
Kerala Cobras: Michel Salgado