Egypt Says Talks over Grand Ethiopian Renaissance Dam Have Failed

The Grand Ethiopian Renaissance Dam is pictured on 20 July 2020. (AFP)
The Grand Ethiopian Renaissance Dam is pictured on 20 July 2020. (AFP)
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Egypt Says Talks over Grand Ethiopian Renaissance Dam Have Failed

The Grand Ethiopian Renaissance Dam is pictured on 20 July 2020. (AFP)
The Grand Ethiopian Renaissance Dam is pictured on 20 July 2020. (AFP)

Egypt said the latest talks over the Grand Ethiopian Renaissance Dam (GERD) had failed but it would monitor the process of filling and operating the dam.
"Egypt reserves its right, in accordance with international charters and accords, to defend its water and national security in case of any harm," Egypt's ministry of water resources and irrigation said in a statement on Tuesday.
In a statement, Ethiopia's foreign ministry said Egypt had "misrepresented" Ethiopia's positions in the talks.
Egyptian President Abdel Fattah al-Sisi and Ethiopian Prime Minister Abiy Ahmed said in July that they would aim to finalize a deal over the disputed dam within four months. Years of stop-start talks have proved unsuccessful.
Egypt has long opposed the project because of worries about its future supplies of water from the Nile, on which it is heavily dependent. Sudan, another downstream country, has expressed concern about the regulation and safety of its own water supplies and dams.
Ethiopia, which argues that it is exercising its right to economic development, said in September it had completed its final phase of filling a reservoir for a massive hydroelectric power plant at the dam on the Blue Nile.
"The meeting was unsuccessful due to Ethiopia's persistent refusal ... to accept any of the technical or legal compromise solutions that would safeguard the interests of all three countries," the Egyptian statement said.
Ethiopia, however, said Egypt was unwilling to compromise. "Ethiopia remains committed to reach an amicable and negotiated settlement that addresses the interests of the three countries and looks forward to the resumption of the negotiation," the foreign ministry statement said.



Egypt Says It Held Calls with US Witkoff, Regional Counterparts

 Egyptian Foreign Minister Badr Abdelatty speaks during a joint news conference with Russian Foreign Minister Sergei Lavrov following their meeting in Moscow, Russia April 3, 2026. (Pavel Bednyakov/Pool via Reuters)
Egyptian Foreign Minister Badr Abdelatty speaks during a joint news conference with Russian Foreign Minister Sergei Lavrov following their meeting in Moscow, Russia April 3, 2026. (Pavel Bednyakov/Pool via Reuters)
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Egypt Says It Held Calls with US Witkoff, Regional Counterparts

 Egyptian Foreign Minister Badr Abdelatty speaks during a joint news conference with Russian Foreign Minister Sergei Lavrov following their meeting in Moscow, Russia April 3, 2026. (Pavel Bednyakov/Pool via Reuters)
Egyptian Foreign Minister Badr Abdelatty speaks during a joint news conference with Russian Foreign Minister Sergei Lavrov following their meeting in Moscow, Russia April 3, 2026. (Pavel Bednyakov/Pool via Reuters)

Egypt's Foreign Minister Badr Abdelatty held separate calls to discuss proposals for regional de-escalation with ‌US Envoy ‌Steve Witkoff ‌and ⁠regional counterparts including Iranian ⁠Foreign Minister Abbas Araqchi, the ministry said in a ⁠statement on ‌Sunday.

Egypt, ‌Türkiye and ‌Pakistan have ‌emerged as active intermediaries in the crisis, with ‌Islamabad recently hosting a meeting to ⁠discuss ⁠regional de-escalation and proposals to reopen the Strait of Hormuz.


Hezbollah Says Targeted Israeli Warship with Cruise Missile

A man checks his phone on a beach as smoke rises from Israeli artillery shells on Qlaileh village, visible from Tyre city, south Lebanon, March 28, 2026. (AP)
A man checks his phone on a beach as smoke rises from Israeli artillery shells on Qlaileh village, visible from Tyre city, south Lebanon, March 28, 2026. (AP)
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Hezbollah Says Targeted Israeli Warship with Cruise Missile

A man checks his phone on a beach as smoke rises from Israeli artillery shells on Qlaileh village, visible from Tyre city, south Lebanon, March 28, 2026. (AP)
A man checks his phone on a beach as smoke rises from Israeli artillery shells on Qlaileh village, visible from Tyre city, south Lebanon, March 28, 2026. (AP)

Hezbollah on Sunday said it had targeted an Israeli warship with a cruise missile off the Lebanese coast, the first such claim by the group since the start of the Middle East war.

In a statement, the Iran-backed group said it targeted the vessel 68 nautical miles off the Lebanese coast, claiming the warship was "preparing to launch attacks on Lebanese territory".

Israeli warships have been used on several recent occasions to launch strikes on Lebanon.


IMF Hails Yemen’s Reforms, Supports its Recovery Path

The light of the setting sun illuminates some clouds in the sky over Sanaa, Yemen, 30 March 2026. (EPA)
The light of the setting sun illuminates some clouds in the sky over Sanaa, Yemen, 30 March 2026. (EPA)
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IMF Hails Yemen’s Reforms, Supports its Recovery Path

The light of the setting sun illuminates some clouds in the sky over Sanaa, Yemen, 30 March 2026. (EPA)
The light of the setting sun illuminates some clouds in the sky over Sanaa, Yemen, 30 March 2026. (EPA)

The Executive Board of the International Monetary Fund (IMF) on Saturday resumed Article IV consultations with the Yemeni legitimate government after 11 years.

Reflecting the country’s improved institutional performance, this development is an important indicator of restoring channels of cooperation with international financial institutions and boosting confidence in the reform path being taken by the government.

“The renewed consultation reflects enhanced institutional capacity and data production,” the IMF said in a statement.

It positively noted the government’s efforts to achieve the minimum economic stabilization despite the extraordinary circumstances the country is going through.

The Fund said Yemen’s economy is gradually emerging from the deep recession following the suspension of oil exports in 2022, with the pace of contraction moderating and fiscal and external pressures easing. However, it warned that the war in the Middle East is expected to weigh on Yemen’s economy this year, while risks to the outlook remain substantial.

IMF directors affirmed the authorities' commitment to revenue mobilization and fiscal governance enables the delivery of essential public services.

They noted that a market-based exchange rate supports Yemen’s economic recovery and social stability.

Directors said that engagement with creditors to support a comprehensive debt treatment is also essential to restore debt sustainability.

Meanwhile, the prioritization of essential spending is expected to weigh temporarily on the fiscal balance, the IMF said, but over time will help protect the most vulnerable.

The Yemeni government welcomed the approval of the IMF’s Article IV consultation results after an 11-year pause - an important step restoring international engagement and confidence in its reform agenda to strengthen financial management, transparency and fight corruption, despite the war outcomes and the suspension of oil exports as a result of Houthi attacks.

The government reaffirmed its commitment to continue implementing a comprehensive reform program in various sectors, and to work in coordination with international partners to alleviate human suffering and achieve economic stability.

It then noted the adoption of the 2026 general budget as part of efforts to revive state institutions.

Despite the positive indicators, the IMF said the challenges facing Yemen's economy remain large and complex amid the ongoing war, institutional fragmentation and lack of financial resources.

The IMF stressed that the risks surrounding the future outlook remain high, especially in light of regional developments and their potential impact on the global economy.

It said inflation, fluctuating exchange rates and rising import costs will cause major pressure on the economy, requiring the adoption of balanced precautionary policies to maintain monetary and financial stability.

From 2027 onward, the IMF said the economy is expected to begin regaining momentum as inflation declines, real incomes recover and remittances and non-oil exports expand under the authorities’ Agriculture Plan.