Egypt
Egypt’s annual inflation jumps to 16.5% in May
Egypt’s annual inflation rate surged to 16.5 percent in May, up from 13.5 percent in April, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).
In a significant diplomatic gesture, Egypt’s Foreign Minister, Badr Abdelatty, has urged Palestinian factions to unite.
During a meeting in Cairo with a delegation from the Palestine Liberation Organization (PLO), Abdelatty highlighted "the necessity of achieving Palestinian unity and strengthening the Palestinian Authority’s role to realize the hopes of the Palestinian people," © X
In a significant diplomatic gesture, Egypt’s Foreign Minister, Badr Abdelatty, has urged Palestinian factions to unite.
Known for his extensive experience and influence in the region, Abdelatty emphasized the importance of reinforcing the Palestinian Authority’s role to achieve the aspirations of the Palestinian people.
During a meeting in Cairo with a delegation from the Palestine Liberation Organization (PLO), Abdelatty highlighted "the necessity of achieving Palestinian unity and strengthening the Palestinian Authority’s role to realize the hopes of the Palestinian people," according to a statement from the Foreign Ministry.
Abdelatty reiterated Egypt’s unwavering support for the Palestinian Authority.
His comments come as the conflict, triggered by Hamas’s unprecedented attack on Israel in October 2023, continues to devastate Gaza.
As an experienced diplomat with a track record of engagement in the Israeli-Palestinian conflict, Abdelatty is a key figure in fostering dialogue between rival Palestinian factions. His seasoned approach often holds sway with Palestinian leaders, making him an instrumental figure in efforts to mediate peace and ensure regional stability.
The PLO delegation, including Rawhi Fattouh, President of the Palestinian National Council, and executive committee members Ahmad Majdalani and Azzam al-Ahmad, discussed crucial issues with Abdelatty. Central to these discussions were Egypt’s efforts to broker a ceasefire in Gaza, facilitate humanitarian aid, and explore post-war governance options for the territory.
Last month, Cairo hosted talks between rival Palestinian groups, Fatah and Hamas, focusing on the potential return of Gaza to full Palestinian Authority control.
The territory has been under Hamas’s rule since 2007, following its forcible takeover from Fatah. Unifying Gaza and the West Bank under a single administration remains a cornerstone of regional peace efforts.
Abdelatty’s discussions with the PLO delegation also underlined Egypt’s role in mediating peace talks. Alongside Qatar and the United States, Egypt has been deeply involved in indirect negotiations to end the Gaza war and establish a ceasefire. Abdelatty’s credibility and influence make him a pivotal player in these ongoing efforts.
U.S. Secretary of State Antony Blinken recently expressed optimism about a potential ceasefire in Gaza, stating that an agreement could be close but warning of possible delays until after the upcoming U.S. presidential transition.
Meanwhile, indirect negotiations between Hamas and Israel, facilitated by Qatari mediators, resumed in Doha last week.
Despite the challenges, Abdelatty’s leadership provides hope for progress. His ability to navigate complex political dynamics and engage with all stakeholders is critical to Egypt’s central role in resolving the conflict and fostering unity among Palestinian factions.
By Bruno Finel
Egypt’s annual inflation rate surged to 16.5 percent in May, up from 13.5 percent in April, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).
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