Latest in Tag: Egypt Highlight
Latest in Tag: Egypt

Egypt’s new cities encourage increased demand for office space: Fitch Solutions
Beyond 2021, demand and rents will most likely recover with gains, says Fitch

President Al-Sisi’s visit to France contributes to enhancing bilateral ties: Egypt PM
CAPMAS indicates decline in Egypt’s poverty rates during 2020

Egypt completes 37 petroleum development projects worth EGP 431bn over 2 years
The statement also provided a roundup of the country’s petroleum sector developments over the past two fiscal years, namely FY 2018/19 and FY 2019/20.

France aims to boost investments in Egypt: French PM
Castex said that it is essential to support Egyptian developmental efforts to consolidate Egypt’s role as a balancing force in Eastern Mediterranean

Egypt-Asia diplomatic meeting discusses strengthening economic relations
The meeting took place in the presence of: Walid Gamal El-Din, Executive Director of the Suez Canal Economic Zone (SCZone)

Egypt welcomes Kuwaiti mediation for resolution of Gulf crisis
Guarantee of serious commitment to points agreed upon is imperative, says Egyptian Foreign Ministry Spokesperson

Egypt to launch caricature expo of Nobel Laureates Naguib Mahfouz, Gabriel Marquez
The exhibition featuring the two writing legends and Nobel Laureates aims to fulfil one of Mahfouz’s wishes to meet with the Colombian writer

EBRD grants Egypt €226m to purchase railway trains: Transportation Minister
During the meeting, the two sides discussed the executive position of a number of joint projects being implemented, and future cooperation between the two in the fields of railways, subways, maritime transport, and land and dry ports.

Egypt produces 30k litres of plasma, but 1m litres needed annually: Health Minister
This operation will last until a factory is established inside Egypt, within 12-18 months, which will collect and separate the plasma, the minister added.

Egypt, Denmark explore renewable energy investment opportunities
Shaker said that the Egyptian government has made great efforts to overcome the difficulties and challenges that the country’s electricity sector has faced in the last period. Serious efforts have been made at all levels, and with the help of the country’s development partners.

Al-Sisi, Macron discuss cooperation, regional issues
‘We cannot accept Egypt being described as autocrat state,’ says Egypt’s Al-Sisi

Egypt-France trade exchange scores $1.6bn in 9M 2020
The results, issued on Monday to mark Egyptian President Abdel Fattah Al-Sisi’s visit to France, reflect a significant decline compared to 2019.

Egypt initiative to integrate Rio conventions is imperative: Environment Minister
Fouad participated in 8th meeting of African Environment Ministers AMCEN

Egypt top resilient country in dealing with COVID-19 in Africa, 25th globally
The ranking, issued by Bloomberg in November 2020, measures the ability of countries to combat the COVID-19 pandemic and determines the best countries to live in during the crisis.

Egypt, South Korea discuss ways to enhance cultural cooperation
Celebrating the 25th anniversary of the formal establishment of diplomatic relations between the two countries, Abdel Dayem praised the strength and durability of relations between Egypt and South Korea.

Egypt starts 2nd phase of irregular labourers’ aid on Sunday
The financial dispersals will continue for 10 consecutive days.

EGP 7.3bn allocated to developing Egypt’s military production
Ministry of State for Military Production plans to increase ammunition, weapon, equipment manufacture

Egypt, UK sign deal to continue preferential trade treatment
Trade agreement highlights strength of UK-Egypt partnership, reflects shared ambition, says British Foreign Secretary Dominic Raab

Egypt receives $7.3bn in funds despite pandemic in 2020
Minister Al-Mashat said that the government has worked on several axes to deal with the crisis, including regional integration.

Egypt, South Korea see $1.16m trade exchange in 9M 2020: KOTRA
KOTRA will send 10 business delegations to Egypt starting from Q2 of 2021 once COVID-19 pandemic ends

EBRD, Egypt launch country’s 1st gender awareness campaign
Two sides set up joint efforts to deliver safer transport services

Egypt poverty rate decreases for 1st time in 20 years: CAPMAS
Country develops comprehensive plan to control population growth rates, which will be implemented as of early next year 2021: Planning Minister

Almost 5 million students across Egypt screened during Presidential medical initiative
Students were screened in a bid to detect several diseases, including anaemia, obesity, and stunted growth

Egypt closely monitors negotiations to free national sailors kidnapped off Nigeria coast
Egyptian authorities were informed that the incident occurred approximately 15 nautical miles off the coast of Bayelsa, Nigeria’s southernmost state

Egypt’s non-profit ICT entity Eitesal expects EGP 24m business volume in 2020
The total activity achieved by the organisation during the year reached nearly EGP 19.6m, with expectations that the volume of business by the end of 2020 will reach EGP 24m.

Egypt, UNESCO to cooperate on widening scope of ‘Speak Arabic’ initiative
During the meeting, the two sides discussed ways of enhancing cooperation on, and widen the scope of, the presidential initiative “Speak Arabic”.

Egypt stresses importance of supporting UN mission in Sudan
Ambassador Abdel Khalek’s comments came during his participation in an African Peace and Security Council meeting on the situation in Sudan’s Darfur region.

Egypt, France discuss stronger economic relations
Minister Al-Mashat praised the fruitful cooperation between the two countries as part of joint efforts to achieve the Egyptian government’s development priorities.

Egypt to offer EGP 246.5bn worth T-bills, bonds in December
Finance Ministry to put forward 20 offerings for T-bills worth EGP 198bn, and 12 bond offerings worth EGP 48.5bn

Egypt’s population control plan is based on women’s economic empowerment: Planning Minister
Population control is of utmost importance for Egypt, according to Minister of Planning and Economic Development Hala El-Said.