Egypt looks to protect investments at risk by Ethiopian civil war

Alaa Al-Saqati, head of the Egyptian Industrial Zone in Ethiopia, recently revealed Egypt’s decision to appoint an international law firm to handle a case before international courts against the Ethiopian government to protect Egypt’s investments there.

In a statement to the Egyptian daily Youm7 on Dec. 22, Saqati said this step came after a meeting he held with representatives of the Ethiopian Embassy in Cairo on Dec. 16. The meeting did not result in any positive development to solve Egypt’s investment crisis in the Tigray region in Ethiopia, where an armed conflict has been raging for weeks.