Latest in Tag: Egypt Highlight
Latest in Tag: Egypt

Banks in Egypt switch to IBAN standard to ease cross-border transactions
IBAN used in international transfers, standard method for accurate identification of bank accounts

GERD talks between Egypt, Ethiopia and Sudan to continue Saturday
Egypt’s Ministry of Irrigation says several technical and legal points over GERD remain stumbling bloc

Egypt, Ethiopia, Sudan resume AU-brokered negotiations over Nile dam
Egypt, the most arid of the Nile states, and water scarce countries relies on the river for more than 90% of its water.

Egypt reopens airports under strict anti-COVID-19 safety measures
Egypt’s Red Sea resort cities of Hurghada and Sharm El-Sheikh airports received, on Wednesday, two planes from the Ukrainian Capital, Kyiv

Egypt’s CIT, Higher Education Ministry to equip space information system centre
An agency online portal will also be made available and put into operation, to provide electronic services and external link lines to the agency. There will be cooperation agreements for training between the agency and institutions affiliated to the Ministry of Communications and Information Technology.

Egypt’s Culture Ministry to re-open 16 public libraries after 3-month closure
Minister of Culture Inas Abdel Dayem announced, on Thursday, that her ministry will re-open 16 public libraries in 10 governorates across Egypt from 5 July. As the country’s cultural activities gradually resume following closures to curb the spread of the novel coronavirus (COVID-19), the Ministry of Culture will re-open 12 libraries affiliated to the General …

Egypt is developing 4 vaccines, 3 drugs against COVID-19: Higher Education Minister
In a ministry statement on Thursday, Abdel Ghaffar said the four vaccines are among 132 the World Health Organization (WHO) reports are currently under development against the virus.

Egypt receives 2 Ukrainian flights as international aviation resumes
Red Sea tourist resorts will receive tourists from Ukraine, Switzerland, and Belarus, in next few days

Egypt reports 1,557 new COVID-19 cases, 81 new fatalities
Cabinet has, from Saturday, started easing movement restrictions for citizens, night-time curfew lifted

Opinion | A Nation United, By the People for The People
For years we never truly felt that we have any say in the governance of our nation, Mubarak’s regime installed few men in power, they were untouchable and were given the power to control our fates. On the 25th of January 2011, a spark was ignited. Young ladies and gentlemen went to the streets demanding …

Egypt, USAID discuss 5 future projects with $105m investments
Two sides also discuss new cooperation strategy for next five years

COVID-19 in Egypt: people feel economic bite and government responds
Overall, 73.5% of Egyptians say that they have experienced an evident reduction in household income caused by the pandemic.

Egypt reports $2.36bn trade deficit in April: CAPMAS
Decline attributed to decreased value of some commodities, including fertilisers, petroleum products, and assorted edibles

Survival is not a question of choice, unilateral GERD filling would heighten regional tensions: Shoukry to UNSC
Egypt believes agreement on GERD must be legally binding instrument under international law

25% of Egypt’s exports from chemical industries, recording $5.6bn
During the council’s newly-formed Board of Directors’s first meeting on Monday, Abu Al-Makarem stressed the importance, strength, and attractiveness of the chemical industries sector to local and foreign investors. Minister of Trade and Industry Nevine Gamea participated at the meeting.

Egypt’s Foreign Minister full speech on GERD at UNSC
Filling the GERD unilaterally, without an agreement with Egypt and Sudan would jeopardize the interests of downstream communities, whose existence and survival depend on the Nile River.

Egypt to release effective COVID-19 drug within two weeks: Health Ministry
Egypt reports 1,566 new coronavirus cases on Monday, raising total infections to 66,754

Egypt remains Africa’s largest FDI recipient in 2019: UNCTAD
Country tops Africa in terms of reinvesting foreign companies’ profits by 41%

IMF approves immediate disbursement of $2bn under Egypt’s $5.2bn SBA loan
Remainder of SBA loan will be phased over two reviews

On first day of reopening, Egypt reports 1,168 new COVID-19 cases
Country’s total confirmed cases up to 63,923 with 17,140 recoveries

Egypt repays over $20bn worth external debts in 4 months
In statements to the Middle East News Agency (MENA), the source added that Egypt’s foreign debts constitute less than 33% of GDP.

Egypt executes Libyan militant Al-Mismari for masterminding Bahariya attack
The attack came as police forces were attempting to raid a hideout in the oasis, leading to an exchange of fire initiated by the militants.

Ethiopia’s enigma on GERD filling after Egypt, Sudan agree AU-led talks
Addis Ababa’s statement did not clarify whether filling is conditional upon reaching agreement

IMF approves 12-month $5.2bn Stand-By Arrangement for Egypt
New IMF arrangement aims to help Egypt cope with the challenges posed by the novel coronavirus

Egypt, Sudan, Ethiopia agree to AU-led negotiations on GERD, delay filling
Experts from Egypt, Sudan, Ethiopia, members of AU, and international observers of GERD talks will formulate agreement on operation and filling

Hassan Allam to build Egypt, MENA’s 1st black sand minerals concentration, separation plants
Project will pioneer extraction, separation of minerals from black sand in Egypt, thus providing key import substitutes

Egypt to rationalise 50% public expenditure on pandemic-affected activities
Decisions aims to secure sufficient funds to provide medical supplies, sterilization products

Samsung to invest $84m in Egypt over 5 years
New investments will go towards constructing new factories of computer screens, TV devices

Egypt extends closing date for new gold exploration bid to September
The bids cover the search for and exploration of gold and other minerals in the Eastern Desert, with the extension coming on the back of the ongoing implications of the coronavirus (COVID-19) pandemic. It gives companies an extended window of opportunity in which to submit offers.

Egypt rejects any unilateral action violating its Nile water rights: Al-Sisi
Sudan receives Ethiopian invitation to resume GERD talks, both head to UNSCÂ