Saudi Press

Saudi Arabia and the world
Monday, Jun 02, 2025

Egypt Says Nasrallah’s Statements About Economy Are 'Nonsense'

Egypt Says Nasrallah’s Statements About Economy Are 'Nonsense'

Spokesman for Egypt’s Ministry of Foreign Affairs Ahmed Abu Zeid on Friday called remarks by Hezbollah Secretary-General Hassan Nasrallah about the economic situation in Egypt “nonsense” and “an attempt to recall fake heroism.”
Nasrallah’s statements are likely linked to Egypt snubbing Iranian attempts to open channels for communication between Cairo and Tehran, an informed source who requested anonymity told Asharq Al-Awsat.

“There are repeated requests and contacts on the part of Tehran to try to advance relations with Egypt,” the source said, adding that Iran believed that ties would warm up after its delegation attended the COP27 summit in Sharm el-Sheikh.

Nevertheless, Egypt has not yet reacted to Iran’s attempts, the source explained.

Almost a week ago, Nasrallah had received Iranian Foreign Minister Hossein Amir-Abdollahian in Beirut, and they discussed developments and political situations in Lebanon, Palestine, and the region.

“Egypt's calculations regarding Iran are accurate and linked to regional and Arab relations, and Cairo is committed to a comprehensive vision, not momentary changes,” the source affirmed.

The past months witnessed repeated Iranian signals regarding “strengthening relations with Egypt.”

Amir-Abdollahian confirmed, last July, that “strengthening relations between Tehran and Cairo is in the interest of the countries of the region and the peoples of the two countries.”

In a speech on the anniversary of the launch of Hezbollah’s affiliated Consultative Center for Studies and Documentation, Nasrallah invited attendees to examine the economic situation in Egypt, the first country to sign a peace agreement with Israel.

Nasrallah said that Egypt’s commitment to peace with Israel did not prevent its economy from needing loans from the International Monetary Fund (IMF).

He also reviewed the situation in Jordan and other countries.

Ties between Egypt and the Lebanon-based Hezbollah have witnessed sharp and rare turns during the past two decades.

Egypt had previously arrested a Hezbollah cell that was operating on its soil. It convicted the members of the cell in 2010 with court rulings ranging from six months to life imprisonment, but cell leader, Sami Shehab, managed to escape prison in 2011.

In 2015, Shehab received a new sentence in absentia of two years in prison.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
Saudi-Spanish Business Forum Commences in Riyadh
Saudi Arabia and Spain Sign MoU to Boost SME Sectors
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
A Chinese company made solar tiles that look way nicer than regular panels!
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
Saudi Arabia Emerges as Global Tech Magnet with U.S. Backing and Trump’s Visit
This was President's departure from Saudi Arabia. The Crown Prince personally escorted him back to the airport.
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
Trump takes a blow torch to the neocons and interventionists while speaking to the Saudis
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
×