Latest in Tag: Egypt Highlight
Latest in Tag: Egypt

Swiss economic affairs secretary launches Swiss Cooperation Strategy in Egypt
Switzerland’s State Secretary of Economic Affairs Marie-Gabrielle Ineichen-Fleisch arrived in Egypt Tuesday in a two-day visit to launch the 2017-2020 Swiss Cooperation Strategy in Egypt with the Minister of Investment and International Cooperation Sahar Nasr, according to a press release by the Swiss Embassy in Cairo. “Switzerland’s decision to extend its international cooperation projects in …

IMF to convene in December over 2nd part of $12bn Egypt loan
The International Monetary Fund’s (IMF) board of directors is set to convene on 20 December to discuss the second portion of the $12bn loan to Egypt. An IMF mission visited Egypt from 25 October to 9 November to review Egypt’s IMF-supported economic reform programme. According to Subir Lall, IMF mission chief for Egypt, fund experts …

Dabaa Nuclear Plant: economic concerns, potentials
Project cost up to $45bn before commercial operation

Completion, launch of e-visa system within two years
Activation of fingerprint, iris recognition system at airports mid-next year

Putin to visit Egypt, Turkey on Monday
Further escalation of tensions in Middle East region would be unacceptable, says a statement by the Kremlin announcing Putin’s visit

Stadiums hosting Egypt’s games in the 2018 FIFA World Cup Russia
Egypt was designated to play with Russia (the host), Saudi Arabia, and Uruguay in Group A of the 2018 FIFA World Cup. According to the schedule, Egypt will play its first match against Uruguay on 15 June, then it will face Russia on 19 June, then Saudi Arabia on 25 June. The Pharaohs will play …

It starts here, Egypt
Anyone who loves their country will no doubt offer various solutions and suggestions for a better tomorrow, but the solutions should be radical to address the chronic problems of the administrative body of the ancient and historic Egyptian state. Ancient Egyptians made records on their temples and shrines throughout ages, the best governmental and administrative …

Egypt wins world championships in weightlifting and squash
Mohammed Ihab won gold medal, Karim Abdel Gawad defeated opponent in final round

Egypt, Cyprus reach preliminary agreement to construct gas import pipelines
Construction phase to last 2 years, import begins in 3 years

Indian Mahindra opens office in Cairo, first in North Africa
The new office will represent North Africa and is considered the fourth on the African continent

Egypt’s Investments Gatekeeper
Sahar Nasr, Egypt’s Minister of Investment and International Cooperation, is a woman on a mission. Tasked with improving the investor confidence in an economy that is gradually but surely recovering, she is rebuilding Egypt’s framework to make it a top destination for investors in the Middle East and Africa. Sahar Nasr, Egypt’s minister of investment …

Egypt beats Turkey to organise Polish Chamber of Tourism conference
Egypt’s public relations campaign reason for securing opportunity, says Tourism Promotion Authority

Egypt, Turkey put aside differences to boost business relations
Plans to establish a new industrial zone in Egypt worth EGP 3bn

732,700 tourists visited Egypt in September
The number of tourists who visited Egypt reached 732,700 in September, compared to 819,600 who came in August, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). CAPMAS noted that the number of tourists who visited Egypt during the period from September 2016 until the same month of 2017 revealed an increase in …

Egyptian sports clubs elections
Gezira Sporting Club: 33 candidates running for elections with 3 seats for women The Gezira Sporting Club is witnessing a fierce election between 33 candidates running for all positions in the club. The internal elections, scheduled for 25 November will see a unique competition over three seats for women. There are four candidates competing over …

France ready to assist Egypt implement sustainable cities: French Ambassador
French Ambassador to Egypt Stéphane Romatet said on Thursday that his country is ready to assist Egypt in the implementation of projects to build sustainable cities, during “Making the Sustainable City”, a business forum held at state-run newspaper Al-Ahram’s headquarters. In his opening speech, the ambassador said it is important for Egypt to begin this …

Op-ed review: Egypt supports Lebanon and Al-Hariri
Candidacy of Ahmed Shafiq gets unsupported reviews

Egypt, Cyprus discuss construction of natural gas pipeline next month
The two countries signed electrical connection protocol, sources say

Al-Hariri to meet with Al-Sisi amid ongoing crisis
Aboul Gheit in Lebanon after Arab League intensified tone against Iran, Hezbollah

CBE, MasterCard discuss pushing digital payments in Egypt
MasterCard cooperated with the Egyptian government in issuing 4.6m payroll cards for government employees

$ 3.5bn Egypt’s exports to Gulf countries in 8 months
The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that Egypt’s total exports to the Gulf countries during the period from January to August 2017 was worth $3.5bn. On the other hand, the total value of exports to those countries during the same period last year was $3.4bn. CAPMAS’ latest foreign trade report, for …

Egyptian-Russian company established for manufacture of machines, equipment for mills, silos, feed complexes
Military production companies will, in cooperation with the company, modernise silos, feed plants, and mills, and build new ones with domestic equipment

For first time, 4 Arab teams make World Cup
The 2018 Russian edition may witness Arab-Arab clashes

French-Egyptian Sustainable City week kicks off 22 November
French Ambassador to Egypt Stéphane Romatet will inaugurate the first session of the French-Egyptian week for exchanges and meetings on urban topics on 22 November. Under the title “Sustainable City Industry”, the week is organised by the French Institute in Egypt, the Economic Division of the Embassy of France, and the French Development Agency, in …

Nuweiba: Egypt’s paradise of serenity
There is no place better than the Sinai’s Nuweiba, where you can capture the real essence of the desert: waking at sunrise, just moments before the sun peaks over the mountains, and diving into the water just as the sun rises amidst the clouds. When the night comes, people start gathering from nearby villages to …

Unemployment fell slightly in Q3 2017
Unemployment settled at 11.9% in September from 11.98% in June and 12.6% in September 2016

Size of the transactions, level of over subscription, yields on Egypt bonds increased after flotation: head of MENA debt capital markets
Middle East market should see higher activity in 2018 after disappointing 2017: Zain Zaidi

17% of girls in Egypt married at the age of 18
17% of girls in Egypt married at the age of 18, while in Yemen the percentage is 32, two percent in Tunisia, and three percent in Algeria, according to UNICEF in May 2016. This means that the number of child marriage cases is high, as it represents 118,000 girls under 18 years old, and it …

Egypt shares almost flat in week as foreign investors book gains
EGX30 index ticks up 0.22%, or 30.8 points, to close at 14,350.14 poin

Egypt, Greece set up new mechanism to enhance economic cooperation
€894.5m volume of trade between both countries this year