Egyptian companies sue Addis Ababa internationally over investments in Tigray: Report ...Egypt

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Egyptian companies working in Ethiopia’s embattled Tigray region are suing the federal government in Addis Ababa over disrupting production, local media reported on Monday. The Cairo 24 website reported that Egyptian companies have formally entered into an international lawsuit against Ethiopia because of the damage to the industrial zone in the Tigray region and the disruption of work there for a year and a half since the start of the conflict there. The head of the Egyptian industrial zone in Tigray and deputy head of the Federation of Egyptian Investors Alaa el-Saqti said that Egyptian factories investing in Ethiopia incurred losses amounting to about US$ 40 million, and the investing com

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