Latest in Tag: Egypt Highlight
Latest in Tag: Egypt

Egypt needs US Clean Network to attract more investments: Keith Krach
DFC to provide funding to countries wishing to convert their network to 5G technologies, says Krach

Ethiopia, responding to Trump, says it rejects aggression over GERD
US President waded into GERD dispute between the three African nations saying that “Egypt is not going to be able to live that way, may blow-up dam.”

Egypt, US have a close economic and strategic relationship: Keith Krach
U.S. Undersecretary of State Keith Krach visits Egypt to promote secure telecommunications networks

Egypt, Spain carry out joint naval exercises in Red Sea
In a statement, Al-Refae said that Egypt’s Al-Naser and Abu Qir frigates and the Spanish frigate Santa Maria took part in the exercise, which included transportation drills.

Prime Minister Madbouly reviews opportunities to support, enhance tripartite cooperation between Egypt, Jordan and Iraq
The meeting took place via video conference, in the presence of a number of ministers and the President of the Federation of Egyptian Banks (FEB).

Kaspersky reveals 38.7% increase in financial malware in Egypt
The statistics show the changing cyber threat landscape across the Middle East region, with Egypt’s figures representing the fourth highest in the region during the period, compared to the same period of 2019.

Financial position of banks in Egypt up EGP 96.9bn in July 2020: CBE
Volume of doubtful debts allocations amounts to EGP 150.877bn, reserves amount to EGP 214.349bn

Japan grants $9.5m to support health sector in Egypt
New grant will raise cooperation portfolio between two countries to $54.5m in health and education fields, says Minister Al-Mashat

Egypt, Greece, and Cyprus explore further trilateral strategic integration
8th summit addressed latest updates in Eastern Mediterranean, Middle East, and GERD dispute

AmCham in Egypt, Greece, and Cyprus agree to promote trade with US
The MoU will promote the development of trade, investment, and business relations between their members and the US.

Opinion | China’s FM: Two decades of a shared journey toward new heights in new era
Commemorating the 20th Anniversary of Forum on China-Africa Cooperation

Egypt, WBG cooperation portfolio amounts to $8bn
The pandemic has affected all economies worldwide, causing a substantial decrease in investments, trade and remittance flows. It has also threatened the lives and livelihoods of all social segments.

Egypt, IFAD cooperation stands at $1.1bn covering 14 projects
Extensive cooperation between two sides has benefited over 7 million of Egypt’s rural residents

Egypt unearths huge number of sarcophagi over 2,500 years old in Saqqara
Details of discovery will be announced during next few weeks, after archaeological documentation and photography is completed

Egypt maintains 3.6% GDP growth in FY20 despite COVID-19: Maait
In a Sunday statement, Maait said that Egypt was able to reduce its deficit–to-GDP ratio to 7.9% in FY 2019/20, compared to the 8.2% recorded in FY 2018/19. The country also achieved a primary surplus of 1.8% at the end of June 2020, despite the negative repercussions of the coronavirus pandemic.

Egypt condemns terrorist beheading of French teacher in Paris
An 18-year-old Chechen refugee killed French teacher after the latter showed his students controversial Charlie Hebdo caricatures of Prophet Muhammad

Egypt, UN discuss boosting effective development cooperation
For his part, Dictus commended the ministry’s efforts in shifting mindsets regarding effective development cooperation, through the principles of economic diplomacy.

Egypt selects 5 projects to be financed through first green bond issuance
Projects are selected according to specific environmental criteria

Egypt to launch first integrated, long-term National Human Rights Strategy
No country is able to promote human rights only through state institutions, it needs partnership with civil society, says Professor Niveen Mossad

Egypt, Spain discuss situation in Mediterranean, Middle East regions
Two countries sign MoU to boost bilateral relations

Egypt offers its first green bonds on London Stock Exchange
British Middle East Minister James Cleverly and Interim CEO of the LSE Denzil Jenkins welcomed the decision to list the bonds on the LSE, which contributes to deepening sustainable partnership between the United Kingdom and Egypt in the face of climate change.

Emerging, developing countries need estimated $2.5trn to meet needs: IMF
G24 calls for increased debt transparency, focus on growing financing needs of developing economies amid COVID-19

Deutsche Bank: Is Egypt the new darling of emerging markets?
Economic growth will continue despite shock of COVID-19 pandemic

Egypt reaffirms stance on establishing independent Palestinian state: Shoukry
Shoukry highlights Egypt’s keenness to provide all support to UN envoy’s efforts to revive stuttering peace process

Al-Sisi, Jordan FM discuss boosting bilateral ties
High-level meeting between two sides also discussed regional issues of mutual interest

Egypt, Jordan, and Iraq discuss tripartite cooperation on energy, reconstruction
The ministers also addressed political issues, agreeing on putting a halt to any foreign interference and supporting the Arab region’s stability. Shoukry added that Egypt, Iraq, and Jordan have a common vision for preserving Arab national security, in addition to addressing the common challenges in the region.

Egypt’s media has potential to be region’s most powerful: Osama Heikal
Journalists not prevented from seeking information, except in matters of national security where some restrictions may apply, says Minister of State for Information

GAFI explores ways to boost Bahraini investments in Egypt
This will occur alongside the coordination with the Bahrain Economic Development Board (EDB), to keep Bahrain’s business communities informed of the latest economic developments in Egypt.

Egypt has better control of COVID-19 fallout than financially advanced countries: Mahmoud Mohieldin
Mahmoud Mohieldin said, “Establishment of New Administrative Capital (NAC) will make it an ideal model to be followed up on by Egypt’s other governorates.”

Culture Ministry to celebrate National Translator’s Day on Thursday
On the occasion, National Centre for Translation offers 50% discount on all its publications