Latest in Tag: Egypt Highlight
Latest in Tag: Egypt
Egypt launches exhibition displaying antiquities unearthed by French archaeologists
The exhibition, titled “French excavations in Egypt: Research, Cooperation, and Innovation,” takes place at the Egyptian Museum in Tahrir Square. Set to run for two months, the exhibition is organised by the Ministry of Antiquities in cooperation with the French Institute of Oriental Archaeology (IFAO).
Egypt, Saudi Arabia sign two MoUs on digital transformation and AI
The scope of cooperation between the two countries according to the terms of the MoU, which extends for three years, includes human capacity building, supporting innovation and entrepreneurship, artificial intelligence (AI), and digital transformation.
HSBC launches SWIFT gpi technology in Egypt
SWIFT gpi technology enables financial institutions to provide greater transparency and end-to-end tracking of a transaction, with all involved parties receiving real-time confirmation when a payment is credited.
Schneider Electric offers Egypt water loss management solutions up to 30%: Caspar Herzberg
Company aims to increase its exports by about 40% in 2020
Danfoss’ sales in Egypt exceed $15m, eyeing 30% increase in 2020: regional head
Company plans to make Cairo a regional hub for supplying refrigeration, heating solutions
USAID, Egypt sign assistance agreement amendment worth $6m
The agreement demonstrates continued support for joint US-Egypt priorities, says US embassy
Kuwait hands over a member of outlawed Muslim Brotherhood to Egypt
Al Rai quoted Kuwaiti security source as saying that the investigations had suggested that the suspect has a first degree relative, who is facing charges of violence, including burning churches in Egypt.
Egypt hosts 12th meeting of STCDSS, addresses Africa’s peace & security issues
STCDSS is required to draft a detailed report on the outcomes of the discussions to AU
Libya’s diplomatic mission in Egypt disowns Al-Sarraj
The mission decides to serve as representatives for Libyan House of Representatives and LAAF
Egypt, Ethiopia, Sudan agree on a roadmap for next GERD technical meetings
“This step is a success and will put negotiations on the right track,” says Egypt’s former irrigation minister
Egypt, Germany ink new grant to improve agricultural production’s quality
German investments reach $7.4bn, says Nasr
USAID, Egypt agree to boost future cooperation
Agency’s Deputy Assistant Administrator visits Egypt for the first time
UAE’s Al Nowais to establish 700MW renewable energy plants in Egypt
The Emirati company would build a 200MW solar plant in Kom Ombo region of Aswan with $200m investments, and the EETC would buy the plant’s production at about 2.48 piasters per kWh
Washington hosts second tripartite meeting on GERD Monday
The meeting aims to evaluate the outcomes of the two previous meetings
Egypt denies reaching agreement over GERD in Cairo meeting
Negotiations to be resumed in Sudan
Egyptian Minister of Petroleum and Mineral Resources: We welcome Endeavour’s desire to acquire Centamin
El Molla told Reuters that his country welcomes the attraction of international companies for gold and minerals exploration
Singapore negotiates a cultural agreement with Egypt
Boosting tourism relations requires additional promotion, says ambassador
Egypt to host new round of negotiations on GERD
The two-day meeting is expected to complete technical discussions on outstanding issues regarding the filling and beginning of the operation of dam
EIB invests €9.2bn in more than 100 projects in Egypt
A total of 27 contracts were signed for a total value €4bn from 2015 to 2019, with average amount per year was hence €800m, says Scannapieco
Egypt’s GDP growth to reach 5.6% in FY 2019/20, inflation to average 8% in CY 2020: FocusEconomics
Overnight deposit rate to record 10.13% in 2020, and 9.58% in 2021
3 wooden coffins unearthed in Egypt’s Luxor
“The three coffins date back to the 18th Dynasty, and are in a good condition of preservation,” said Mostafa Waziri, secretary-general of the ministry’s Supreme Council of Antiquities.
Symrise inaugurates €2m creative centre in Egypt
Egypt’s food additives market reached €100-130m and the company’s market share is 30%
Indian TCI Sanmar to invest additional $200m in Egypt in 2020
“Recent meeting with president Al-Sisi encourages us to invest more in the market,” says chairperson
Parliamentarian calls for limiting cesarean delivery in Egypt
He said, “Egypt has the highest rate of cesarean delivery in the world of 63%, while the World Health Organization urged that cesarean section should not exceed 15% in any society.”
Fitch maintains Egypt’s long-term credit rating at ‘B+’ with stable outlook
Real GDP growth to remain robust at 5.5%, budget deficit to narrow at 7.6% of GDP in FY20
Cement crisis: Egypt stocked up with enough reserves for 20 years
Cement workers in Egypt complained a lot about the industry situation and are waiting for real solutions, says Medhat Stefanos
Egypt is a strategic partner to the US: Cohen
US commits $430m in insurance to a natural gas project in Egypt, says American ambassador
Trade volume between Egypt-Nile Basin countries in 2018 reach $1.872bn
15.1% increase in Egyptian exports to Sahel and Sahara countries to record $3.136bn
Floating hotel numbers to reach 155 by end of current season
With regards to the EHA’s strategy, he stated that the association is focusing on developing the skills of hospitality employees by organising training sessions covering various areas to improve the level of service in Egypt’s hotel industry, in addition to improving hygiene through the new hospitality criteria.
Egypt to hold next parliamentary election in November 2020
Parliament is on three-week vacation, but may run extraordinary session to discuss possible cabinet reshuffle