An official source, cited by the Middle East News Agency (MENA), has categorically denied reports claiming that Egypt is prepared to grant Ethiopia maritime access to the Red Sea in exchange for a shift in Ethiopia’s stance regarding the Grand Ethiopian Renaissance Dam (GERD). Reports Dismissed as “Unfounded”The source emphasized that the reports in circulation are entirely unfounded and lack any factual basis. He reaffirmed that Egypt’s position on its water security and the GERD remains steadfast and unchanged, characterized by:Strict adherence to the principles of international law. Red Sea SovereigntyFurthermore, the source underscored that the governance and security of the Red Sea are the exclusive domain of its littoral (coastal) states. As a strategic maritime corridor inextricably linked to the national security of these nations, the source maintained that no external parties are permitted to engage in any arrangements, understandings, or regional security architectures concerning the Red Sea.

Source: Daily News Egypt February 24, 2026 22:25 UTC