President Abdel Fattah El-Sisi has repeatedly cautioned against Egypt's involvement in the Gaza conflict, highlighting the profound economic repercussions. He emphasized that such a war would severely impact key sectors like tourism and Suez Canal revenues, exacerbating existing financial strains and potentially setting the country back by years.
Egypt's Grand Egyptian Museum (GEM) has temporarily closed its doors from October 15 to November 3, 2025, to finalize preparations for its highly anticipated official inauguration. The grand opening ceremony for dignitaries is set for November 1, with public access resuming on November 4, coinciding with the 103rd anniversary of Tutankhamun's tomb discovery.
Egyptian Foreign Minister Badr Abdelatty chaired a Supreme Standing Committee for Human Rights meeting, reviewing the national human rights strategy and celebrating Egypt's successful bid for a 2026-2028 term on the UN Human Rights Council. The fourth executive report of the strategy was submitted to President El-Sisi.
Egypt has reopened the tomb of Pharaoh Amenhotep III in Luxor's Valley of the Kings to visitors after more than two decades of extensive restoration. This significant cultural event precedes the official opening of the Grand Egyptian Museum, aiming to boost the nation's tourism sector.
Egypt and Greece have signed an agreement to finalize technical and economic studies for the GREGY electricity interconnector, a project poised to export up to 3,000 megawatts of clean energy from Egypt to Europe. This strategic initiative aims to bolster Europe's energy security and promote renewable energy integration.
Foreign oil companies, led by Shell, are set to invest $1.6 billion in Egypt's natural gas sector during the current fiscal year. This significant capital injection aims to increase the nation's gas production by approximately 510 million cubic feet per day, supporting Egypt's strategic goal of enhancing energy security and becoming a regional gas hub.
Egypt has warned of deploying fighter jets and heavy weaponry to the Sinai Peninsula if Gaza residents are forcibly moved to its borders, deeming such a move a direct threat to its national security. Cairo has consistently rejected proposals for mass displacement, emphasizing it as a 'red line' that could destabilize the region.
