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Egypt Launches Initiative to Encourage Investment in Climate Action

The first regional forum organized by the Egyptian presidency for the upcoming UN climate change conference will kick off in Ethiopia on Tuesday. (Twitter)
The first regional forum organized by the Egyptian presidency for the upcoming UN climate change conference will kick off in Ethiopia on Tuesday. (Twitter)
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Egypt Launches Initiative to Encourage Investment in Climate Action

The first regional forum organized by the Egyptian presidency for the upcoming UN climate change conference will kick off in Ethiopia on Tuesday. (Twitter)
The first regional forum organized by the Egyptian presidency for the upcoming UN climate change conference will kick off in Ethiopia on Tuesday. (Twitter)

The first regional forum organized by the Egyptian presidency for the upcoming UN climate change conference will kick off in Ethiopia on Tuesday.

Egypt will host the COP27 United Nations Climate Change Conference 2022 at the Red Sea resort of Sharm El-Sheikh in November.

It will organize five major regional forums related to climate. The first, on Africa, will be held in Addis Ababa, the headquarters of the UN Economic Commission for Africa, on August 2-4. The second will be held in Bangkok, the headquarters of UN Economic and Social Commission for Asia and the Pacific, on August 25. Santiago, the headquarters of the UN Economic Commission for Latin America and the Caribbean, will host the third forum on September 1-2. Beirut, the headquarters of the UN Economic and Social Commission for Western Asia, will host the fourth forum on Arab countries on September 15.

The fifth will be held in Geneva, the headquarters of the UN Economic Commission for Europe on September 20.

The outcomes of the five meetings will be presented at the COP27 summit in November.

According to the presidency of COP27, the forums aim to encourage investment in areas related to climate action.

They seek to propose climate projects and investment opportunities to investors, international financing organizations, development banks and other actors to start implementing projects that would achieve climate action goals.

UN Climate Change High-Level Champion for Egypt Dr. Mahmoud Mohieldin said the initiative aims to discuss investment opportunities in various sectors, including food, water, irrigation, increasing agricultural productivity, new and renewable sources of energy and its infrastructure.

Additionally, they will tackle the digital transformation of those sectors in a way that helps in the actual implementation of climate projects, the achievement of climate goals and the provision of job opportunities in the five regions.

The forum in Addis Ababa, “Towards COP27: African Regional Forum on Climate Initiatives to Finance Climate Action and the Sustainable Development Goals,” will witness high-level participation by Egyptian officials, including Sameh Shoukry, Foreign Minister and COP27 President Designate; Yasmine Fouad, Environment Minister and COP27 Ministerial Coordinator and Envoy; Rania al-Mashat, International Cooperation Minister; and Mohamed Farid, EGX Chairman.

Several African ministers, UN officials, business leaders, investors and representatives of financing organizations and development banks from Africa and abroad will also take part.

The forum will discuss tools for a fair financial transition, upscaling investment to adapt to the effects of climate change, ecosystem mechanisms and reducing the risks caused by natural disasters and the losses and damages resulting from climate change and investing in means to address them.

Ways to transform into green economy in Africa and mobilize and unify the private sector on climate action will also be tackled.

According to the agenda, six roundtables will be held to address energy access and just energy transition and transport, food security, climate smart agriculture and building resilience and ecosystem based approaches, digital transformation, the development of African carbon credit markets, the Blue Economy and supporting water access for different cities.

According to an Egyptian statement, the forum aims to “mobilize financing and ensure the flow of investments to build an ecosystem in Africa that is resilient in the face of climate change, in addition to advancing Africa’s development agendas 2030 and 2063.”

It also seeks to find environmentally friendly climate and economic solutions to contribute to achieving sustainable development goals in Africa and increasing the benefits of the African carbon market.

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Arab World

China's Xi Arrives in Egypt

Chinese President Xi Jinping, with his wife First Lady Peng Liyuan, is welcomed by Egyptian President Abdel Fattah al-Sisi and his wife First Lady Entissar Amer upon their arrival at Cairo International Airport for an official visit to Egypt, which is his first state visit to the country in 10 years, in Cairo on September 1, 2026. (AFP)
Chinese President Xi Jinping, with his wife First Lady Peng Liyuan, is welcomed by Egyptian President Abdel Fattah al-Sisi and his wife First Lady Entissar Amer upon their arrival at Cairo International Airport for an official visit to Egypt, which is his first state visit to the country in 10 years, in Cairo on September 1, 2026. (AFP)
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China's Xi Arrives in Egypt

Chinese President Xi Jinping, with his wife First Lady Peng Liyuan, is welcomed by Egyptian President Abdel Fattah al-Sisi and his wife First Lady Entissar Amer upon their arrival at Cairo International Airport for an official visit to Egypt, which is his first state visit to the country in 10 years, in Cairo on September 1, 2026. (AFP)
Chinese President Xi Jinping, with his wife First Lady Peng Liyuan, is welcomed by Egyptian President Abdel Fattah al-Sisi and his wife First Lady Entissar Amer upon their arrival at Cairo International Airport for an official visit to Egypt, which is his first state visit to the country in 10 years, in Cairo on September 1, 2026. (AFP)

Chinese President Xi Jinping arrived in Egypt on Tuesday on a rare trip to the Middle East amid the regional conflict with Iran.

Xi and his wife were greeted on the tarmac by Egyptian President Abdel Fattah al-Sisi and the first lady, as well as a performance by an Egyptian folk dance troupe.

The two-day visit comes as both countries seek to manage the fallout of the months-long Middle East war, which began when the United States and Israel launched strikes against Iran on February 28, throwing the crucial trade region into crisis.

Washington vowed last month to destabilize Iran economically, warning of expanded sanctions against Tehran's backers and partners that could hit Chinese banks, among others.

Xi's visit "comes at a time when China's economic interests are directly exposed to the US-Iran war", said Gamal Salama, political science professor at Egypt's Suez University.

China, a major buyer of Iranian oil, has presented itself as a neutral party in the Middle East conflict, repeatedly calling for a lasting ceasefire.

Egypt, a long-time recipient of US military aid, warned against regional escalation after a drone strike hit one of its ports in July.

China is "clearly seeking Egypt's cooperation in managing and shaping regional affairs", said Liu Jia, a research fellow at the Singapore-based Middle East Institute.

Beijing works closely with regional actors such as Egypt, which mediates between Israel and Palestinian groups, Liu added.

Both China and Egypt support an independent Palestinian state as part of a two-state solution.

"China sees Cairo as a strategic power broker," said Salama.

Egypt's "relations with both Washington and regional actors give Beijing both political access and diplomatic leverage across a region where China wants a much greater say," he added.

China's President Xi Jinping walks with his Egyptian counterpart Abdel Fattah al-Sisi followed by their wives Peng Liyuan and Entissar Amer upon their arrival at the Cairo International Airport, Egypt, September 1, 2026. (Reuters)

- 'Renewing the friendship' -

As part of its economic pressure campaign targeting Iran, Washington last week said it would cut off the operations of Egypt's Banque Misr in the UAE from the US financial system.

China, in response to the US measures and threats, has vowed to safeguard its interests.

Beijing has also sought to shore up ties with US-friendly regional nations ahead of a meeting between Xi and US President Donald Trump expected this month.

The Chinese and Egyptian militaries carried out joint air combat exercises in August that featured Beijing's powerful J-16 fighter jet.

Xi's meeting with his Egyptian counterpart Sisi, scheduled for Wednesday, follows a visit to Beijing by Jordan's King Abdullah II, whose country has also been caught up in the US war with Iran.

Xi and Sisi are expected to discuss issues including the Gaza war, Iran, and shipping in the Red Sea and the Strait of Hormuz, according to Egyptian media.

"I look forward to renewing the friendship and working together with President Sisi to... map out a new blueprint for deepening the China-Egypt comprehensive strategic partnership," Xi wrote in an editorial published in Egyptian media on Tuesday.

The Chinese leader's first visit to Egypt in a decade comes as the two nations mark 70 years of diplomatic ties.

China is a major exporter to Egypt, with its trade surplus reaching $12 billion in the first seven months of 2026, according to Chinese customs data.

The leaders are expected to sign agreements on artificial intelligence, transport, energy and investment in the Suez Canal Economic Zone, Egyptian media reported.

The meeting with Xi sets Cairo up to land Chinese investments in its local AI and electronics industries, political scientist Salama said.

"What Egypt is seeking is strategic autonomy: not breaking with Washington, not aligning completely with Beijing, but creating enough room to pursue its own national interests," he added.

Arab World

UK to Unveil ‘Comprehensive’ Response to Israeli West Bank Settlement Plans in Coming Weeks

The new Israeli settlement “Dotan Valley”, as seen from Arraba whilst Israeli bulldozers uproots olive trees from Palestinian farms in Araba village near the west bank city of Jenin, 01 September 2026. (EPA)
The new Israeli settlement “Dotan Valley”, as seen from Arraba whilst Israeli bulldozers uproots olive trees from Palestinian farms in Araba village near the west bank city of Jenin, 01 September 2026. (EPA)
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UK to Unveil ‘Comprehensive’ Response to Israeli West Bank Settlement Plans in Coming Weeks

The new Israeli settlement “Dotan Valley”, as seen from Arraba whilst Israeli bulldozers uproots olive trees from Palestinian farms in Araba village near the west bank city of Jenin, 01 September 2026. (EPA)
The new Israeli settlement “Dotan Valley”, as seen from Arraba whilst Israeli bulldozers uproots olive trees from Palestinian farms in Araba village near the west bank city of Jenin, 01 September 2026. (EPA)

Britain will set out a "comprehensive" package of measures on Israeli settlements in the occupied West Bank in the coming weeks, Foreign Secretary Ed Miliband said on ‌Tuesday.

Miliband told ‌lawmakers that Israel's ‌E1 ⁠settlement project would cut ⁠across land which the Palestinians seek for a state and "risks making a Palestinian state unviable".

"This government will not acquiesce ⁠in the destruction of the ‌two-state ‌solution," he said. "We will act ‌and I will set out ‌a comprehensive set of measures in the coming weeks."

Britain and other European nations ‌have criticized Israel's plans, while Prime Minister Andy ⁠Burnham ⁠said before taking office that he was "looking at measures to ban trade in goods with illegal settlements".

The Times reported on Monday that US President Donald Trump's administration is "closely" tracking any plans to introduce a trade ban.

Arab World

More Than 10 EU Countries Eager to Contribute to Lebanon Mission, EU Foreign Policy Chief Says

(COMBO) This combination of handout satellite images taken by Planet Labs PBC shows views of the village of Yaroun in southern Lebanon close to the border with Israel on (top L to R followed by bottom L to R) October 5, 2024; January 10, 2025; January 30, 2025; and on May 2, 2026. (Photo by 2026 Planet Labs PBC / AFP)
(COMBO) This combination of handout satellite images taken by Planet Labs PBC shows views of the village of Yaroun in southern Lebanon close to the border with Israel on (top L to R followed by bottom L to R) October 5, 2024; January 10, 2025; January 30, 2025; and on May 2, 2026. (Photo by 2026 Planet Labs PBC / AFP)
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More Than 10 EU Countries Eager to Contribute to Lebanon Mission, EU Foreign Policy Chief Says

(COMBO) This combination of handout satellite images taken by Planet Labs PBC shows views of the village of Yaroun in southern Lebanon close to the border with Israel on (top L to R followed by bottom L to R) October 5, 2024; January 10, 2025; January 30, 2025; and on May 2, 2026. (Photo by 2026 Planet Labs PBC / AFP)
(COMBO) This combination of handout satellite images taken by Planet Labs PBC shows views of the village of Yaroun in southern Lebanon close to the border with Israel on (top L to R followed by bottom L to R) October 5, 2024; January 10, 2025; January 30, 2025; and on May 2, 2026. (Photo by 2026 Planet Labs PBC / AFP)

More than 10 European Union members are willing to contribute resources and people to a planned mission to advise and train Lebanon's armed forces, EU foreign policy chief Kaja Kallas said on Tuesday. 

The proposed mission stems from the EU studying ways to strengthen Lebanese forces to help free up the Lebanese army to focus on disarming the armed group Hezbollah. 

Western countries have long called for Lebanon to disarm the Iran-backed group, and doing ‌so is a ‌central component of a ceasefire between Lebanon ‌and ⁠Israel aimed at ⁠ending a war that has run in parallel with the US-Israeli war against Iran. 

The mandate of a UN force in Lebanon, UNIFIL, is set to expire at the end of 2026, and it is expected to begin a year-long drawdown and withdrawal. 

"The EU is not seeking ⁠to replace UNIFIL," Kallas told reporters in Ireland ‌following a gathering of ‌European defense ministers. 

"Our objective is to strengthen the Lebanese armed forces and ‌the ability of the Lebanese state to provide ‌security across its territory," she said, adding that planning is progressing well. 

An EU official told Reuters that the bloc's aim is to establish the mission in mid-October and then deploy personnel in late ‌2026 or early 2027. 

Kallas did not provide detail on which EU countries would ⁠be involved. 

France has ⁠been trying for several months to organize an international conference that would aim to strengthen the Lebanese armed forces, and also proposed creating an international force as part of efforts to replace UNIFIL. 

A senior Western diplomat told Reuters on Tuesday there was limited prospect for major decisions on Lebanon's future before Israel's election in late October. The diplomat also said there was little chance of progress without any clear strengthening of the Lebanese armed forces that would enable them to move into areas previously controlled by Hezbollah.