Latest in Tag: Egypt Highlight

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Latest in Tag: Egypt


Exports to US containers in Egypt Daily News Egypt

$4.9bn in trade exchange between Egypt, UAE in 2017

The value of trade exchange between Egypt and the UAE in 2017 amounted to $4.9bn, versus $2.8bn in 2012. This came according to a report prepared by the department of trade policies and international organisations at the UAE’s Ministry of Economy, which was reported by the Emirates News Agency on Sunday. The report stated that …

Nehal Samir

IMF First Deputy Managing Director David Lipton

Egypt needs to utilise macroeconomic stability to create jobs, raise living standards through sustainable growth: IMF first deputy managing director

The time has come to take advantage of the Egyptian reform programme’s success and push to create jobs and raise living standards through sustainable growth, said IMF First Deputy Managing Director David Lipton on Saturday during his visit to Cairo, ahead of the Inclusive Growth and Job Creation in Egypt conference. Lipton explained that, by …

Daily News Egypt

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Commodity trade between Egypt, Saudi Arabia at EGP 3bn in 2017

The total volume of commodity trade between Egypt and Saudi Arabia during 2017 amounted to about EGP 3bn, according to Egyptian Minister of Trade and Industry Tarek Kabil. Kabil noted that Saudi Arabia was among the largest Arab countries investing in the Egyptian market in 2017 with a total of $6.3bn invested in 4,274 projects where …

Shaimaa Al-Aees

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Tripartite summit between Egypt, Cyprus, Greece expected in fall 2018

A tripartite summit is expected to be held in Athens between the leaders of Egypt, Greece, and Cyprus in the fall of 2018, according to media statements by presidency spokesperson Bassam Rady on Tuesday. During the summit, the leaders are expected to discuss additional efforts to strengthen their relations in various fields, including energy, and …

Sarah El-Sheikh

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ILO, Egypt sign protocol of for job creation project

The International Labour Organisation (ILO) signed a protocol worth $3.7m with Egypt’s Ministry of Investment and International Cooperation for a new project aimed at creating job opportunities and developing the private sector in Egypt, according to a Monday press release from the ministry. Peter Van Rooij, director of the ILO’s country office in Egypt, and Minister of …

Hagar Omran

Sudan asserts political will to complete electric interconnection with Egypt

Egypt and Sudan have the political well and readiness to complete the necessary steps to complete the implementation of electric interconnection between them, Sudanese Minister of Water Resources, Irrigation, and Electricity Moataz Mousa said in a press statement on Sunday. In February, Minister of Electricity and Renewable Energy Mohamed Shaker said that negotiations are underway …

Donya Salem

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Sudan meetings will iron out GERD differences: Ethiopian ambassador

Ethiopian Ambassador to Egypt Taye Atske-Selassie said that the nine-party ministerial meetings which began in Sudan on Wednesday will iron out the differences between Sudan, Egypt, and his country regarding the construction of the Grand Ethiopian Renaissance Dam (GERD). The Sudan meetings will be held over two days with the participation of ministers of water resources …

Hagar Omran

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13.5% increase in trade exchange between Egypt, India in 2017

Ahmed Antar, head of the Egyptian Commercial Service (ECA), announced that the trade exchange between Egypt and India witnessed remarkable development during 2017, explaining that the total trade exchange between the two countries reached about $3.5bn in 2017, an increase of 13.5% compared to 2016. The announcement came during the work of the Sub-Committee on …

Daily News Egypt

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Op-ed review: Egypt-Sudan relations

Over the past month, most op-eds focused on President Abdel Fattah Al-Sisi’s activities and support ahead of the upcoming election, which was in itself a subject of debate. While these topics will continue throughout the last week in the run-up to the election, opinion writers also discussed Egyptian-Sudanese relations in Wednesday’s newspapers. Editor-in-chief of privately-owned …

Amira El-Fekki

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Al-Sisi, Al-Bashir meet in bid to thaw relations

President Abdel Fattah Al-Sisi met with Sudanese President Omar Al-Bashir on Monday, during his official visit to Egypt, and the two held talks on various topics. Al-Sisi welcomed Al-Bashir and praised common historical, cultural, and social factors between the countries and their relationship which spans thousands of years. He also praised the positive developments recently …

Sarah El-Sheikh

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50 major US companies to visit Egypt by October

Washington  – Head of the American Chamber of Commerce in Egypt (AmCham) Tarek Tawfik said on Friday that an American investors delegation will visit Egypt in October, including 50 major American companies. He added that the expected visit will be an important step towards boosting bilateral economic ties, giving American companies the chance to learn about …

Nevine Kamel

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Door-knock mission concludes annual visit to DC

Washington – Egypt and the United States have always enjoyed a special relationship since the October war of 1973, following late Egyptian president Anwar Al-Sadat’s decision to gradually shift from the Soviet camp, sign the 1978 Camp David Accords and Egypt-Israel Peace Treaty in 1979, and establish stronger ties with Washington in return for various kinds …

Nevine Kamel