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Egypt's President Praises Gulf Support

Egyptian President Abdel Fattah Al-Sisi during the "Differently Abled" event in New Cairo (Egyptian presidential website)
Egyptian President Abdel Fattah Al-Sisi during the "Differently Abled" event in New Cairo (Egyptian presidential website)
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Egypt's President Praises Gulf Support

Egyptian President Abdel Fattah Al-Sisi during the "Differently Abled" event in New Cairo (Egyptian presidential website)
Egyptian President Abdel Fattah Al-Sisi during the "Differently Abled" event in New Cairo (Egyptian presidential website)

Egyptian President Abdel Fattah Al-Sisi thanked the UAE and its President, Sheikh Mohammed bin Zayed, for the vast Emirati investment deal as part of the Ras el-Hekma project.
On Friday, Egypt signed an investment partnership agreement with the United Arab Emirates to develop the Ras al-Hikma peninsula west of Alexandria, with investments worth $150 billion. It includes pumping about $35 billion in direct foreign investment into the Egyptian treasury within two months.
"I want to thank our brothers in the UAE, led by my brother, his Excellency the President Sheikh Mohammed bin Zayed," Sisi said while attending a "Differently Abled" event in New Cairo.
"I want to tell you it is not easy for anyone to deposit $35 billion over two months; there is nothing like that in the world ... This is a form of support and standing (with us), clearly," Sisi added.
He pointed out that every measure, problem, or crisis that occurs anywhere in the world has an impact on Egypt, referring to the COVID-19 crisis, which was followed by the Russian-Ukrainian crisis and then the Israeli war against the Gaza Strip.
Egypt is struggling to provide the foreign currency necessary to import goods and has to meet the deadlines for foreign debt maturities and a budget deficit.
Sisi announced that the Central Bank received the first tranche of UAE's multi billion-US dollar investment on Tuesday, and the second tranche will arrive on Friday.
According to the Egyptian Official Gazette, Sisi issued a presidential decree allocating a plot of state-owned land with an area of 170.8 million square meters in the Matrouh governorate to develop Ras el-Hekma city.
Egypt hopes this project will become "the largest tourism project on the Mediterranean."
- Difficult challenges
The Egyptian President stated that the world and region face numerous challenges and crises, necessitating unity, resilience, and action.
"We have chosen the path of patience, sacrifice, and confidence in our abilities, inspired by the determination and success of our people, especially our children."
- Egypt did not close Rafah crossing
Sisi asserted that his country has always kept the Rafah border crossing with Gaza open.
"Egypt has never closed the crossing, but to be able to act in a fighting situation, we have to be cautious not to cause a problem," he said.
"From the first day, we have been very keen that the Rafah crossing becomes an avenue to deliver aid."

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Ankara: Assad Does Not Want Peace in Syria

Fidan addresses the Planning and Budget Committee of the Turkish Parliament (Turkish Foreign Ministry)
Fidan addresses the Planning and Budget Committee of the Turkish Parliament (Turkish Foreign Ministry)
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Ankara: Assad Does Not Want Peace in Syria

Fidan addresses the Planning and Budget Committee of the Turkish Parliament (Turkish Foreign Ministry)
Fidan addresses the Planning and Budget Committee of the Turkish Parliament (Turkish Foreign Ministry)

Turkish Foreign Minister Hakan Fidan has stated that Syrian President Bashar al-Assad is unwilling to pursue peace in Syria and warned that Israel’s efforts to spread war across the Middle East are undermining the environment fostered by the Astana Process.

Fidan emphasized the importance of Russian and Iranian efforts within the framework of the Astana Process to maintain calm on the ground, pointing to ongoing consultations with the US regarding the Syrian crisis.

Speaking during a parliamentary session discussing the 2025 budget of the Foreign Ministry, Fidan reiterated Türkiye’s expectation that the dialogue proposed by President Recep Tayyip Erdogan will be approached strategically by the Syrian government, with priority given to the interests of the Syrian people.

Regarding Erdogan’s invitation to Assad for a meeting to discuss the normalization of ties between Ankara and Damascus, Fidan remarked that the matter depends on political will, stressing that the Turkish president has demonstrated his readiness at the highest level.

Last week, Erdogan reiterated the possibility of a meeting with Assad, but Russia, which mediates the normalization talks between Ankara and Damascus, ruled out such a meeting or high-level engagements in the near future.

Russian Presidential Envoy to Syria Alexander Lavrentiev attributed the impasse to Türkiye’s refusal to meet Damascus’ demand for a withdrawal from northern Syria, accusing Ankara of acting as an “occupying state”.

Although Türkiye has not officially responded to Lavrentiev’s comments, which reflect a shift in Russia’s stance, Fidan stated in a televised interview last week that Russia remains “somewhat neutral” regarding the normalization process. He also urged the Syrian government to create conditions for the return of 10 million Syrian refugees.

Türkiye maintains that its military presence in northern Syria prevents the country’s division, blocks the establishment of a “terror corridor” along its southern border, and deters new waves of refugees from entering its territory.

Fidan outlined his country’s key objectives in Syria, which include eradicating terrorist groups (such as the Kurdistan Workers’ Party and the Syrian Democratic Forces), preserving Syria’s territorial unity, advancing the political process, and ensuring the safe and voluntary return of Syrian refugees.

Meanwhile, Turkish artillery targeted villages and positions controlled by the Manbij Military Council, affiliated with the Kurdish-led Syrian Democratic Forces (SDF), whose main component is the People’s Protection Units (YPG).

On Friday, fierce clashes erupted between the Syrian National Army factions and the SDF in western Tel Abyad, northern Raqqa. Simultaneously, Turkish artillery strikes reportedly killed two SDF members and injured others, with reports of captives and missing personnel.

In retaliation, the SDF shelled Turkish bases in the Ain Issa countryside. Turkish forces responded by deploying military reinforcements amid heightened alert at their bases in Raqqa’s countryside, according to the Syrian Observatory for Human Rights (SOHR).