Egypt, Spain discuss areas of joint cooperation, future projects
Egypt is leading destination for Spanish companies, investors in Africa, says Xiana Méndez Bértolo
Nehal Samir
1566 Articles
Latest by Nehal Samir
Egypt, South Korea cultural exchange essential for developing common aspirations: Korean Ambassador
South Korea’s National Museum to extend exhibition of Egyptian treasures for further 4 months until March 2022
Digital gender gap in MENA region: Root causes and solutions
If 600 million more women are connected to internet in 3 years, this would translate to $13-18bn rise in global GDP
Japan to provide $3m grant for final conservation of Ancient Egypt’s 2nd Khufu boat
The Japan International Cooperation Agency (JICA) will provide a $3m grant to complete the final restoration work and reassembly of the second Khufu boat, for its display at the Grand Egyptian Museum (GEM). Omura Yoshifumi, Chief Representative at the JICA Egypt Office, said that the agency already provided a $2m grant in 2013, which supported …
ICESCO inscribes Egyptian Museum, Baron Palace, Shali in Siwa to Islamic world heritage
The Islamic World Educational, Scientific and Cultural Organization (ICESCO) has inscribed three unique sites in Egypt to its Islamic world heritage list. The registration has been approved during ICESCO’s last meeting in the Moroccan capital, Rabat. These sites are: the Egyptian Museum in Cairo’s Tahrir Square; the Baron Palace in the Heliopolis district of Cairo; …
US invests $1.5bn to increase Egyptian agricultural export by 1,500%: Elizabeth Mello
In 2020, Egypt was 13th largest destination for US agricultural exports by value, totalling $1.9bn, says US Embassy Senior Agricultural Attache
Total Egypt-US trade exchange recorded $7bn in 2020: US Embassy Minister Counsellor for Economic Affairs
Major US infrastructure trade delegation to visit Egypt in spring of 2022, says Jonathan S. Fischer
26% increase in Egyptian students pursuing postgraduate studies in US: Erudera
76% increase in number of Egyptian students in US over 10 years: Erudera
American companies consider using Egypt as export hub to Middle East, Africa: US Chamber
Despite Covid-19, Egypt’s economic performance in 2020 was impressive: Steve Lutes
US military, economic assistance to Egypt reach $50bn, $30bn since 1978, respectively: Ambassador Cohen
US supports negotiated solution between Egypt, Ethiopia, and Sudan over GERD dispute
Emerging markets offer highest growth opportunities despite challenges, volatility: Citibank
Bank expects SPACs to make purchases, seeking opportunities in emerging markets
Egypt, EBRD maintain close partnership developing green projects: International Cooperation Minister
Egypt has very close partnerships with the European Bank for Reconstruction and Development (EBRD) on developing green cities initiatives and endorsing plans towards green recoveries, according to Rania Al-Mashat, Minister of International Cooperation. She added that the Egyptian Government is making positive strides towards a green recovery, as its mission has not only been to …
EBRD to start consultation on Egypt’s 5-year strategy in September: President
EBRD to aim for a majority of green investments by 2025 in all the countries of operation, says Odile Renaud-Basso
Egypt, Serbia discuss boosting cooperation in tourism, archaeology
Egypt’s Minister of Tourism and Antiquities, Khaled El-Anani, has met with Maja Gojkovic, Serbian Deputy Prime Minister and Minister of Culture and Information, to discuss increasing cooperation between the two countries in the field of tourism and archaeology. Gojkovic, who is currently on an official visit to Egypt, expressed her country’s desire to benefit …
Egypt-EBRD cooperation portfolio amounts to $1.3bn: Al-Mashat
Since 2012, EBRD has invested over €7.2bn to implement 127 projects, says Al-Mashat
Egypt thwarts smuggling of 203 antique coins at Cairo Airport
Egyptian authorities at the Cairo International Airport have thwarted the smuggling of 203 antique coins dating back to Ancient Egypt, Greek, Roman, and Byzantine eras. Hamdi Hammam, head of the Central Administration of Archaeological Units in Ports, said a committee of specialized archaeologists was formed to examine the seized coins which confirmed that they are …
Egypt agrees $540m compensation for Suez Canal obstruction incident
Egypt has signed a preliminary agreement with the owners of the Ever Given ship that blocked the Suez Canal in March, to pay $540m in compensation, Al Arabiya reported citing anonymous sources. According to the agreement, the Suez Canal Authority (SCA) will not file a complaint regarding the issue, and that the SCA will provide …
EBRD at full strength to accelerate recovery, green transition: President
Bank’s support for building back from impact of COVID-19 should focus on making economies greener, more inclusive, and more digital, says Renaud-Basso
Emerging markets offer highest growth opportunities despite challenges, volatility: Citibank
Bank expects SPACs to make purchases, seeking opportunities in emerging markets
UK Trade Envoy to Egypt discusses investment in SCZone
UK aims to become largest G7 investor in Africa by 2022
Egypt’s external debt to reach 36% of GDP at FY 2021/22 end: IMF Egypt Mission Chief
The International Monetary Fund (IMF) currently projects Egypt’s external debt to reach 36% of GDP at the end of fiscal year (FY) 2021/22, according to Celine Allard, IMF Mission Chief for Egypt. The projection is relatively moderate compared to other emerging market countries in the world. “In addition, out of this 36% of GDP, about 20% corresponds …
IMF does not forecast Egypt needing any external financing going forward: Egypt Mission Chief
Under the International Monetary Fund’s (IMF) current baseline, the organisation does not forecast Egypt needing any external financing going forward, according to Celine Allard, IMF Mission Chief for Egypt. Her remarks came during a virtual press conference held to mark the IMF’s second review for Egypt’s economic reform programme. The programme was supported by the IMF Stand-By Arrangement (SBA) …
British Embassy, BEBA sign Code of Ethics to combat workplace harassment
Code of Ethics provides clear definition of harassment, practical guidelines on how to prevent it
Egypt has one of largest student numbers enrolled in higher education in MENA: UfM
Study aims to be effective tool for education stakeholders, set out to investigate internationalisation of higher education
UN, KOICA partner to enhance gender equality, women’s empowerment in Egypt
The programme will be implemented in collaboration with UN Women and the United Nations Population Fund (UNFPA), in partnership with Egypt’s Ministry of Youth and Sports and the National Council for Women (NCW).
Egypt’s growth to rebound from 2.8% in FY 2021 to 5.2% in FY 2022: IMF
Country’s outlook remains clouded by uncertainty related to COVID-19 pandemic
Egypt moves closer to toughening penalties on sexual harassment
Suggested penalties will be 2-4 years imprisonment, up to EGP 200k fine
America committed to helping Egypt achieve peace, stability in North Sinai: US Ambassador
Cohen toured Al Arish seawater desalination facility which serves 126k residents
Junior Business Association stresses importance of engaging private sector in Egypt’s tourism plans
Hybrid events are now common way to increase participation in traditional events with fewer costs, says Ahmed El Shal
Egypt plays key role in ensuring regional stability, sustainable development: Spanish Ambassador
Egypt, Spain currently negotiate 2 agreements to cooperate on criminal matters, extradition: Ramón Gil Casares