Latest in Tag: Egypt Highlight
Latest in Tag: 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 …

Egypt denounces RT Arabic questionnaire on Halayeb’s ownership, RT deletes it
Shoukry revokes his interview with RT

Egypt, Saudi Arabia to sign electricity connection agreement in June
Project cost rises to $2bn; companies implementing lines, cables to be announced next month

Buying apartment is no longer obstacle to marriage for many Egyptian youth
For decades, Egyptian youth have suffered from prerequisite of owning apartment

Egyptian economy growing out of vulnerability, moving into recovery: HC Securities and Investment
Report by IMF is positive, stability of exchange rate improves investment climate, says Saada

7th session of Egyptian-Ukrainian joint committee to be held in 2018: ambassador
Ukrainian companies to participate in Egypt’s public sector reform

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 …

Egyptian, Russian ministers of defence, foreign affairs to meet on 14 May
Discussions come as part of agreement to boost bilateral cooperation

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 …

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 …

10% increase in commodity trade value between Egypt, Greece
Egyptian commodity exports to Cypriot market last year increased by 81.5%, says minister

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 …

Korea, Egypt discuss dispersing $3bn financial package: Korean ambassador
MoUs were signed during President Al-Sisi’s visit to Seoul in 2016

55% increase in trade exchange between Egypt, Russia in Q1 2018: Kabil
Egyptian-Russian economic committee meetings to be held in second half of May in Moscow, says Kabil

AlexBank launches Youth Savings Account
We aim to prepare young people for banking transactions, develop their financial abilities, improve their communication with banking sector, says Lokman

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 …

Egypt, Jordan agree to set up coordinating council for investment cooperation
Presenting investment opportunities in both countries and studying the establishment of joint projects: Nasr

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 …

Egyptian-Sudanese relationship is important, strategic: Al-Bashir
Sudanese president hopes for higher level of relations with Egypt

Egyptian troops continue joint drill with Saudi Arabia
Exercises aim to combat terrorism, confront threats to security, stability of Gulf, Middle East

3.5m women, their families across Egypt’s villages reached through Your Vote for Tomorrow’s Egypt campaign
Maya Morsi, National Council for Women (NCW) president, announced at a press statement on Sunday that Your Vote for Tomorrow’s Egypt campaign succeeded in reaching 3.5 million women and their families in villages across all of Egypt’s governorates through 1,219 public meeting and 489 door-knock campaigns over 56 days. As Egypt is about to embark …

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 …

Egyptian-Sudanese relations reach highest level: Sudanese consul to Egypt
Al-Sisi, Al-Bahir agreed to boost common interests of both countries

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 …

Shoukry heads to India to attend 7th session of Egyptian-Indian joint committee
Meetings scheduled to start on Thursday

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 …

Sudanese president visits Cairo to meet Al-Sisi
Al-Bashir to meet Sisi in wake of tensions over Nile Dam

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 …

Egypt is on track; second wave of reforms must start: AmCham members in Washington
Egypt now has a new business model that depends on manufacturing, expansion, and exporting, which is different from the old trade-oriented patterns, says Tawfik

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 …