The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Reuters
Egypt’s Foreign Minister Sameh Shoukry will visit Addis Ababa next week for talks with his Ethiopian counterpart, a foreign ministry spokesman said, in a bid to end a standoff over a multi-billion dollar dam project on the Nile river.
The dispute, which also involves Sudan, centres on control of a share of the waters of the Nile that stretches 6,695 km (4,184 miles) from Lake Victoria to the Mediterranean and is the economic lifeblood of all three countries.
Cairo says the dam would threaten water supplies that have fed Egypt’s agriculture and economy for thousands of years.