Latest in Tag: Egypt Highlight
Latest in Tag: Egypt

Egypt would have been unable to face COVID-19 without economic reform,: Songwe
Government continues to implement integrated package of structural reforms to strengthen countryâs macroeconomic structure, says Egyptâs Finance Minister

Non-performing loans in Egyptâs banks drop to 3.9% end-June
Banks allocate EGP 150.079bn to address doubtful debts, alongside reserves of EGP 319.817bn

Egypt receives 250,000 tourists from 15 countries 1 July: Tourism Minister
Al-Anani met with German officials to discuss resumption of inbound tourism into Egypt from Germany

French parliamentary delegation visits infrastructure projects in Egypt
The new projects are part of the Unplanned Areas Upgrading Program implemented by the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) in Ard El Lewa area in Giza.

Egypt implements Sinai, Suez electricity network to improve energy services
Electricity sector investments will see four control centres constructed to support Sinai, Suez Canal electricity network

New Valley receives EGP 4bn of Egyptâs investments in FY 2020/21: El-Said
Egyptâs Planning Minister discusses with New Valley Governor possible ways to attract new residents

Egypt receives over 200k visitors after tourism resumption
Flights between Armenia and Egypt to resume starting from 17 September

Egypt resumes exports of alcohol, surgical masks, PPE against COVID-19
Gamea cancelled Ministerial Resolution No 186 of 2020 which put a stop to the export of alcohol and its derivatives, and Resolution No 187 of2020 which barred the export of surgical masks and infection prevention kits.

Egypt launches tender for environmental assessment of Saudi Arabia electricity Interconnection project
EETC to receive technical, financial offers from consulting firms until 1 OctoberÂ

Egypt turns to science to mitigate water crisis
Alameinâs 150k cbm/day desalination plant has been inaugurated as first phase to offset water scarcity

Egypt collects EGP 6.9bn in building violation reconciliation fees
Government deducts 25% of reconciliation value in case of immediate payment of whole amount

Opinion| Key Changes to Egyptâs Customs Law
The new law, which will soon be published, includes many controversial changes and amends several provisions of the current law, especially in matters of addressing the carriersâ liabilities.

Egypt, Iraq officials discuss holding Joint Higher Committee
Committee aims to deepen Egyptian-Iraqi relations, whilst strengthening Arab economic diplomacy

Egypt sees rise in sex-based crimes during H1 2020
Total of 116 violent crimes occurred against women in 6M 2020

Egyptâs Saqqara receives first tourist group from FranceÂ
Egyptâs Ministry of Tourism and Antiquities recently published promotional films on the archaeological discovery found at Saqqara, although the full details have yet to be announced.

Egypt’s health spending up to 3% of GDP in FY 2020/21: Maait
Allocations for education sector have been increased to 6% of GDP, says Finance Minister

Egypt extends full support to Saudi-led coalition in Yemen to deter HouthisÂ
Cairo has repeatedly stressed need for ceasefire in ongoing Yemeni conflict

Egypt invests in Bedouin communities development: Al-Mashat
Sinai community development will include social housing, educational institutions, health unit, sports centre, and 18 agricultural complexes

Egyptâs Aswan High Dam ready for potential River Nile floods: Abdel Aaty
Initial indications show this yearâs flood will be higher than usual

Egypt sends 197 tonnes of aid to Sudan and South Sudan following floods
Relief team from Egyptian Red Crescent has been in Sudan since beginning of large-scale floods

Return of Russian flights will work in Egyptâs favour: EJB
Egyptian-Russian relations need strengthening, whether through partnerships or attracting Russian investments in hospitality sector, says EJB Tourism Committee ChiefÂ

Egypt offers its expertise in fighting against COVID-19
Minister Hala El-Said calls for establishing global or regional solidarity fund for COVID-19

Egypt is our window to Africa: Russian AmbassadorÂ
Russia is trying to make connections with, participate in different economic projects in Africa countries, says Ambassador Georgiy Borisenko

Egypt announces 3rd phase of clinical trials on 2 COVID-19 vaccinesÂ
âWe should draw lessons from our experience in combating the virus, in anticipation of potential second wave,â says Al-Sisi

Kenya imposes 25% customs on Egypt exports, violating COMESA agreement
Trade exchange between Egypt and COMESA countries stands at approximately $2.5bn

Egypt targets 16.5% tax-to-GDP ratio within 5 years: Finance Minister
Countryâs tax system is witnessing “development revolution” under President Al-Sisi, says Maait

EBRD invests in 16 projects in Egypt this year: Acting President
Egyptâs International Cooperation Minister and ERBD unveil 2021-2025 Economic Recovery Plan to push for green, inclusive, and digitalised future

E-commerce platforms in Egypt launch âBack to Schoolâ offers, discounts
Discounted products include stationery and electronic devices

Egypt dazzles in World Handball Championship draw at Giza Pyramids
National team finds itself in strong group with Sweden and Czech Republic, balanced confrontations for Arab teams

Ministerial meeting held on mitigating climate change to create new societies in Egypt
During the meeting, the two ministers discussed a project integrating sustainable development into projects of adaptation, as well as slowing the effects of climate change, to establish new agricultural communities nationwide.