Latest in Tag: Egypt Highlight
Latest in Tag: Egypt

Egypt stands in solidarity with Sudan following floods: President Al-Sisi
Sudan announced State of Emergency following unprecedented floods which have killed 99 and injured 46 others

Egypt’s QIZ exports to US amount to $12bn in 2005-2019: Nevine Gamea
34 companies join QIZ agreement with EGP 1bn investments

LG aims to pump $50m in new investments in Egypt over 3 years
The two parties also discussed the company’s plan to inject new investments over the next three years, worth $40m, to add new products, including refrigerators, top-loaded washing machines, microwaves, and new sizes of TV screens.

Al-Sisi stresses Egypt’s rejection to foreign inferences in Libya to EU’s Borrell
Both discuss GERD issue, Eastern Mediterranean tensions among other issues

Egypt, EU discuss political solution in Libya
Egypt-announced red line in Sirte and Jufra contributes to maintaining ceasefire in Libya, says Borrell

Egypt to host Handball World Cup draw in front of Giza Pyramids
Draw ceremony will take place on 5 September, with tournament occurring on 14-31 January 2021

Beni Suef is emerging manufacturing hub in Egypt: South Korea Ambassador
The governorate hosts mega industrial projects including those set up by Samsung Electronics and other medium-sized South Korean companies

Egypt, Poland discuss increased bilateral tourism cooperation
Egypt temporally exempts inbound tourists heading to Red Sea, South Sinai of visa fees until 31 October 2020

Egypt, Indonesia to form joint committee for trade exchange
Indonesia is one of most economically significant countries in Southeast Asia, and hub for Egyptian exports to markets in that region

Egypt’s credit rating reflects resilience to financing shocks supported by liquidity buffers: Moody’s
Track record of effective fiscal, economic and debt management also reflects positively on Egypt’s credit profile says Moody’s

Egypt to offer EGP 229.75bn in T-bills, bonds over September
CBE to offer 20 bids for T-bills, on behalf of Egyptian government, worth EGP 191.5bn, and 12 bids for bonds worth EGP 38.25bn

Egypt ranks third top destination among Czech tourists
Total of 300,000 Czech tourists visit Egypt in 2019, says Tourism Minister

Al-Sisi directs for establishing 10 new non-profit universities in Egypt
New universities will be located in Ismailia, Port Said, Helwan, Benha, Minya, Beni Suef, Alexandria, Mansoura, Assiut, Aswan

Karnak Temple receives first tourists as Egypt’s cultural tourism resumes
Tourist groups included visitors from Ukraine and France who arrived in Hurghada on Monday

Historical Maps of Egypt (Part II): Circle of Scholars Around the Pasha
Following Muhammad Ali Pasha rise to power in Egypt in first half of the 19th Century, Egyptian-led geographical discoveries and military conquests multiplied.

Egypt ministerial meeting discusses waste-to-energy finance
WTE occurs by burning waste in specialised incinerators without need to separate waste into components

Egypt signs $2bn conventional, Islamic facility to finance budget deficit
According to a Ministry of Finance statement, on Monday, the facility was closed by Emirates NBD Capital Limited, the investment-banking arm of Emirates NBD, and First Abu Dhabi Bank (FAB) as the transaction’s global coordinators, mandated lead arrangers, and book runners.

Egypt launches national trial of digital platform for government services
New platform offers 70 government services, including food rations and vehicle licensing

Egypt private sector ready to participate in vehicle conversion to CNG initiative
Government needs to increase natural gas stations, to keep pace with nationwide CNG conversion, says Amr Suleiman

Egypt tightens measures at orphanages after sexual assault case: El-Kabbaj
Orphanage cook has been arrested over allegations he sexually assaulted two girls aged 11 and 14

Egypt, BADEA discuss boosting Egyptian exports, investments in Africa
Meeting discusses ways to revitalise Egyptian exports to African market, says Minister Al-Mashat

Egypt airports to conduct PCR tests for visitors of tourist destinations
Travellers will be allowed to undertake PCR test in Egypt in case they did not provide negative PCR certificate issued 72 hours maximum before their flight

Egypt condemns Houthi attacks on Saudi Arabia’s Abha Airport
Houthi drone loaded with explosives was intercepted over Abha Airport on Sunday

Egypt receives 150k tourists since travel resumption: Tourism Minister
Cultural tourism will resume in Egypt on Tuesday, with country boasting rich and diverse array of tourism products, says Khaled Al-Anani

PM Madbouly appoints anti-corruption adviser to Egypt cabinet
New adviser was previously head of Administrative Control Authority

Egypt stock issuances decline 48% during 5M of 2020: FRA
Insurance premiums fall by 11.4% to EGP 2.67bn in May

Egypt spends EGP 174bn on water, wastewater infrastructure since 2014
Government completes 1,131 projects improving drinking water, sanitation facilities in urban and rural areas nationwide in 6 years, says Assem El Gazzar

Egypt, Denmark partner in green transformation, renewable energy
Egypt has given top priority to improve lives of its citizens, whilst pushing them towards realising their full potential

Egypt’s daily COVID-19 cases rise as state works towards securing vaccine share
National Research Centre is studying four different vaccines against virus, says Hossam Abdel Ghaffar

Egypt’s strong state contributes to regional stability: Emmanuel Macron
Macron remarks came as part of his opening speech at the Middle East Mediterranean (MEM) Summer Summit 2020.