Latest in Politics Highlight
Latest in Politics

CBE announces key performance indicators of banks operating in Egypt during 2021
Bank deposits increase to EGP 6.45trn, of which household sector accounts for 82.4%
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Egyptian, Sudanese Health Ministers meet in Cairo to enhance bilateral cooperation
Meeting discusses epidemiological situation of Coronavirus in both countries

FM Shoukry stresses need for peaceful solution to Ukraine crisis
Koleba briefed Shoukry on the latest developments of the Russian invasion and the humanitarian situation in Ukraine, as well as the potential course of negotiations.

Egyptian, Rwandan leaders agree on advancing political consultation to boost bilateral relations
During the meeting, both presidents agreed to continue political consultation and coordination in order to advance bilateral relations.

Russia warns West: gas bills in roubles are just days away
Russia warned the West on Friday that billing in roubles for billions of dollars of natural gas exports to Europe could be just days away, Moscow’s toughest response yet to crippling sanctions imposed by the West in response to Ukraine war. With the Russian economy facing its gravest crisis since the years that followed the …

Russia-Ukraine conflict latest: March 25
Russia-Ukraine conflict: NATO approved on Thursday the deployment of four new battle groups in the eastern part of the alliance, while Russian Foreign Ministry said it has confirmed NATO’s desire to contain Russia and continue hostilities.

Israel to host top diplomats of US, UAE, Bahrain, Morocco
Israel announced on Friday it will host meetings with four visiting foreign ministers this Sunday and Monday.The U.S. secretary of state, and foreign ministers of the United Arab Emirates (UAE), Morocco, and Bahrain will arrive in Israel for a series of “historic” diplomatic meetings at the invitation of Israeli Foreign Minister Yair Lapid, according to …

Chinese FM calls for long-term vision, win-win cooperation in ties with India
Visiting Chinese State Councilor and Foreign Minister Wang Yi said here Friday that China and India should stick to their own development paths and join hands to safeguard peace and stability both in the region and in the world. Wang made the remarks at a meeting with Indian National Security Advisor Ajit Doval. He proposed …

Egyptian currency slightly appreciates against US dollar after 2-day free fall
Greenback averaged EGP 18.32 for buying, EGP 18.42 for selling at banks

Egyptian women helped the economic reform programme succeed: Al-Sisi
His remarks came in a speech he gave at a celebration honouring Egyptian women on Wednesday.

Irrigation Minister participates in 9th World Water Forum in Dakar
Abdel Aty stressed importance of cooperation between Egypt, other African countries in water projects

Egypt chairs 5th UNCTAD Intergovernmental Group of Experts on Financing for Development
The Group aims to discuss financing for development by highlighting the financing needs for achieving the sustainable development goals, including climate finance, and exploring innovative means and tools that can be employed to provide financing for development, including mobilizing private financing and redistributing special drawing rights.

US welcomes tripartite summit between Egypt, UAE, and Israel in Sharm El-Sheikh
State Department spokesperson Ned Price said: “We welcome the trilateral summit between Egypt, the UAE, and Israel held in Sharm el-Sheikh.”

CBE launches Instant Payment Network, its mobile app ‘InstaPay’
The new network will allow bank customers to carry out electronic transfers instantly at any time.

Opinion| Gender Equality and a Sustainable Planet: We cannot achieve one without the other
More than ever, it is crucial to work together to realize a gender-equal world with climate-smart and sustainable approaches. At this year’s UN Commission on the Status of Women (CSW) – the world’s largest gathering on gender equality currently being held in New York – governments will agree on the priorities to address gender and climate change. Ahead of the 27th Conference of the Parties (COP27) in Sharm El-Sheikh in November, these CSW priorities will underline how gender equality can drive climate action and mitigate impacts. Egypt has prioritized gender equality and women’s empowerment at the highest level, and its presidency of COP 27 is an opportunity to mobilise Member States and the private sector to do the same.

Opinion| The sanctions weapon will not affect Putin
Washington’s first major use of economic sanctions was Thomas Jefferson’s embargo—ruled from March 1801 to March 1809—in which the United States halted all exports to France and the United Kingdom in the hope of pressuring them to stop their attacks on neutral American merchant ships during the Napoleonic Wars.

Opinion| The US loses Saudi Arabia as a strategic ally because of Biden’s policies
Before the Russian invasion of Ukraine, oil prices witnessed a rise due to high demand as the world is recovering from the COVID-19 pandemic, in which exporting countries reduced their production. When the war started in Ukraine, oil prices hiked even more. Brent crude oil exceeded $139 a barrel, approaching its record level of $147.50 in 2008.

Asset managers expect boom in investment funds sector: Survey
Inflation is the most prominent concern during 2022

Egypt’s Health Ministry launches national polio vaccination campaign
The last recorded case of poliomyelitis in Egypt was reported in 2004

Pakistan’s President Alvi receives Egypt’s FM Shoukry
Alvi expressed his expectation that Al-Sisi would visit Pakistan in the coming period to further advance bilateral relations between the two countries.

Egypt’s Higher Education Minister discusses cooperation mechanisms with ILO
Abdel Ghaffar stressed the importance of cooperating with the ILO to promote rights at work and remain aware of the needs of the labour market and future jobs at the local, regional, and international levels.

Ministry of Supply launches campaign to control bakeries
Egypt keeps prices of free-market bread unchanged

There is no solution to question of Palestine without establishment of independent state: Egypt’s FM
Addressing the 48th session of the Organisation of Islamic Cooperation’s (OIC) Council of Foreign Ministers (CFM) in Islamabad on Tuesday, Shoukry said Egypt affirms its commitment to active and constructive participation under the umbrella of the OIC for the protection of Islamic, Arab, and African interests.

Tripartite meeting in Sharm El-Sheikh brings together AI-Sisi, Bin Zayed, and Bennett
Presidential Spokesperson Bassam Rady said that the meeting discussed the repercussions of global developments, especially with regard to energy, market stability, and food security, as well as the exchange of views on the latest international and regional issues.

Egypt’s Al-Sisi, UAE’s Mohamed bin Zayed review latest regional, global developments
Al-Sisi affirmed Egypt’s keenness to strengthen relations with the UAE in various fields, and underlined the importance of increasing bilateral meetings to ensure constant coordination over the rapid developments witnessed by the region and the world.

48th OIC-CFM to kick-off in Islamabad on Tuesday
The session will address many topics and the activities of the OIC General Secretariat in implementing the resolutions adopted for various issues in the Islamic world, including the issue of Palestine and Jerusalem.

Egypt’s Acting Health Minister reviews development plan for Nasser Institute Hospital
The minister stressed the hospital’s importance to improve medical and treatment services in various disciplines

Egypt allocates EGP 130bn to cushion impact of global economic challenges
Minister of Finance Mohamed Maait revealed that starting April, the 8% bonus will be applied to employees who are addressed by the provisions of the Civil Service Law. Meanwhile, public sector employees who do not fall under the jurisdiction of the law will receive a special bonus of 15% of the basic wage.