Qatar’s S’hail Holding Group donates $10,000 for Ethiopia’s Nile dam GERD

Ahram Online , Saturday 14 Aug 2021

The GERD has been a file of paramount importance to Egypt and Sudan for a decade now due to the threat it imposes on their water securities

GERD
File Photo: the Grand Ethiopian Renaissance Dam. REUTERS

The Qatar-based S’hail Holding Group has donated $10,000 for the Grand Ethiopian Renaissance Dam (GERD), Ethiopian News Agency (ENA) reported on Saturday.

The ENA’s report, which cited a statement by Ethiopia’s Ministry of Foreign Affairs, added on Saturday that Business Development Director of S’hail holding group Hassan Al Samadi handed over the donation to Ethiopia’s Ambassador in Doha Samia Zekaria. 

"General Manager of the Qatari holding group thanked Ethiopia’s embassy ​​in Qatar for its continued support in its investment in Ethiopia," the news agency said.

S’hail Holding Group is currently constructing a factory of battery recycling and processing in Debre Birhan town of Amhara Region, according to ENA.

The Qatari holding group is considered one of the leading establishments in Qatar active in supplying and exporting processed ferrous and non-ferrous metals products and industrial final products.

The GERD has been an issue of paramount importance to downstream Egypt and Sudan for a decade now due to the threat it imposes on their water securities. 

The two downstream countries have been negotiating with Ethiopia for ten years to reach a comprehensive and legally binding agreement on the filling and operation of the GERD, which Addis Ababa has been building on the Blue Nile since 2011, but to no avail as the upstream country rather seeks mere guidelines that can be modified any time at its discretion.

Last month, the UN Security Council held a session on the GERD in an attempt to settle the dispute over the near-complete dam but has not succeeded so far to achieve any progress. Also, the latest round of African Union-brokered talks held in Kinshasa in April stalled.

Egypt, which relies on the world’s longest river for more than 95 percent of its renewable water resources, fears that the unilateral filling and operation of the massive hydropower project will significantly diminish its water supply, which at 560 cm per person annually is already well below the international threshold for water scarcity.

Egypt is considered one of the most water-scarce countries in the world, as it receives around 60 bcm annually — mainly from the River Nile — though its needs stand at around 114 bcm.

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