Latest in Tag: Egypt Highlight
Latest in Tag: Egypt

Indian Classic Fashion considers producing garments in Egypt with EGP 1bn capital
The Egyptian market has become more attractive for foreign investments, the sector of textile is priority in the ministry’s plan for industrial developmentÂ

India, Egypt exchange economic reforms experience in roundtable meeting
India exhibits its successful economic reforms, discusses aspects from which Egypt can benefit in its own experienceÂ

The Qatar crisis two months on: a timeline
Gulf countries including Saudi Arabia, the United Arab Emirates (UAE), and Bahrain, in addition to Egypt are in a dispute with Qatar, accusing it of supporting, funding, and inciting terrorism in Arab countries. Qatar has defended its position and, in turn, criticised the boycotting states’ “unfounded claims”. To date, the boycotting states continue to escalate …

Egypt condemns Somalia, Al-Qatif terror attacks
Egypt renews its call on the international community to confront terrorism

Boycotting states say dialogue with Qatar conditioned by agreement to demands
The GCC is the only place for discussing Qatar’s membership in the council, says Bahraini FM

Arab states boycotting Qatar to meet in Bahrain on Sunday
The meeting will discuss Doha’s alleged support of terrorism

Egypt and Jordan sign MOU to promote joint cooperation in SME development
The agreement aims to promote entrepreneurial culture and technical support for SMEs in the two countries

Egypt aims to attract 10 million tourists by year end: official
The expected revenues for the current fiscal year are estimated at $7.8bn, compared to $4.8bn last year, a growth of %62.5. The revenues are expected to reach $28.4bn in FY 2019/20

Cabinet in contact with Libyan authorities to retrieve bodies of dead Egyptian immigrants
Egypt’s government exerts efforts to control borders, according to the cabinet
The unseen sides of Egypt
The top 10 pictures posted on Instagram by amateur photographers

Libya still attracting Egyptian illegal immigrants despite deadly gamble
Recent discovery of dead bodies of immigrants in Libyan deserts piles up on danger immigrants face in Libya

Egypt calls for immediate stop of Israeli violence against Palestinian people
MFA condemns the killing and injuries of Palestinians in Aqsa Mosque events

Egypt, Belarus mull over new joint ventures
Belarus is increasing its trade with Egypt and considering setting up new joint ventures, according to a statement issued by the Ministry of Industry and Trade on Thursday. The statement added that Minister of Industry and Trade Tarek Kabil met with a delegation of Belarusian businesspeople to discuss further cooperation. Between January and April 2017, …

Indian Embassy in Cairo celebrates release of 500th issue of “Sawtul Hind”Â
Sawtul Hind chronicled history and noted how our ancient civilizations grew around noble rivers far apart but were united by the seas, says Indian ambassador to EgyptÂ

Hegazy dissusses US-Egypt bilateral relations with Garrett
Commanding General of the United States (US) Army Central Michael Garrett met Sunday with Chief of Staff Mahmoud Hegazy, where the two discussed ways of increasing military cooperation. Garrett met with senior Egyptian military officials to discuss the bilateral relation between both countries, joint efforts to fight terrorism, and shared interests in regional stability and …

Egypt, Tunisia exchange experiences in support of SMEs
Gamea meets Hammami to discuss means of cooperation between the two countries in the field of employment and support of youth skills

Egypt stocks likely to extend gains with second tranche of IMF loan, foreigners’ purchases
EGX 30 rises 3.5%, or 452 pts, in a week to an all-time high level of 13,822.59

IMF approves second tranche of $12bn loan, $1.25bn to be transferred within days finance ministerÂ
The executive board of the International Monetary Fund (IMF) has approved the disbursement of the second tranche of the $12bn loan and $1.25bn will be transferred within days, according to Finance Minister Amr El Garhy. El Garhy added that he is currently coordinating with the IMF to transfer the funds to the accounts of the …

IMF votes on second tranche of Egypt’s loan
The International Monetary Fund’s (IMF) Executive Board plans to vote Thursday on the first review of Egypt’s economic reform programme, in which Egypt will receive $1.25bn. Egypt has received the first tranche of the loan, worth $2.75bn, in November 2016. The IMF had agreed on Egypt’s loan, worth $12bn, in 2016. The IMF delegation came …

Mixed US positions over Qatari crisis
The four Arab states that imposed boycotting Doha said that the agreement between Qatar and the United States to counter terrorism financing is insufficient

Egypt is committed to fiscal consolidation and economic reform plan: Fitch
Egypt’s new budget and lower electricity and fuel subsidies demonstrate a continued commitment to fiscal consolidation and economic reform, backed by the country’s IMF loan programme, Fitch Ratings said in a recent note. “Narrowing the fiscal deficit supports Egypt’s sovereign credit profile, but significantly reducing the public debt ratio is a multi-year task,” the note …

Economy to recover in 2018 with expected inflation hikes: Arqaam Capital
The Egyptian pound is expected to appreciate by 10% or more in FY 2017/2018 as tourism improves

Recent leaks proves Qatar’s failure to meet obligations: Arab states
Arab states to meet with Tillerson over dispute with Qatar

Egypt’s economy shows signs of vigour: BNP ParibasÂ
Inflation isn’t the only reason behind the soaring inflation

Egypt and France participate in naval exercises
Drills will include the Mistral warships Egypt acquired from France

On current political moment, future of democratic forces in Egypt: Egyptian Social Democratic Party as an example
Founders and leaders of many parties that emerged after the revolution, including our party, the Egyptian Social Democratic Party, have taken part in the 25 January Revolution. Long before the founding of these parties, many of these leaders played great roles in paving the way for the revolution and preparing for it. Besides several other …

Egyptians feel squeeze as austerity measures, inflation bite
Hard-pressed citizens begin to feel the impact of the IMF deal

7 Egyptians found dead in desert between Egypt, Libya: Libyan Red Crescent
Egypt’s FM is following up on the issue, arranging the transfer of bodies from Libya to Egypt, says FM spokesperson

Basics of Citizenship
1. Motherland is the highest value The motherland makes you motivated to love it ever since you were born. When you do not feel strange inside it, the motherland becomes a universal energy. Citizens may differ in cultural, ethnic, and religious backgrounds; however, at the end, they all belong to one nation. In Egypt, there …

Qatari ships banned from entering Suez Canal ports: Mamish
Anti-Qatar countries vow sanctions against Qatar, Doha rejects accusations