Armenia, Azerbaijan accuse each other of violating ceasefire pact

Fri, 23 Sep 2022 - 10:47 GMT

Following two days of clashes that killed almost 200 soldiers early last week, the two sides agreed a ceasefire, brokered by Russia, to end hostilities, though the situation on the border has remained tense.

Emigration Ministry prioritizes contacting communities in Africa

Fri, 23 Sep 2022 - 10:02 GMT

The emigration ministry pointed out in a statement on Friday that the minister’s remarks came at her meeting with Egypt’s newly-appointed ambassador to Kenya Wael Attia.

PM: Economic conf. encourages constructive dialogue bet. govt, business community

Tue, 20 Sep 2022 - 05:56 GMT

The premier added he continues periodic meetings with the bodies concerned with organizing the conference to outline the topics to be raised at the event.

All EGX indices up, benchmark increases 1.59%

Tue, 20 Sep 2022 - 05:47 GMT

The EGX 30 benchmark index rose 1.59 percent, recording 10,010.53 points.

Egypt's exports of ready-made garments hit $1.44B in seven months

Tue, 20 Sep 2022 - 04:56 GMT

In a statement Monday, the council said the US led the importing countries from Egypt in terms of ready-made garments, as its imports rose to $820 million in the first seven months in 2022 against $595 million in the same period 2021.

Queen's funeral: Westminster Abbey service begins for monarch's final farewell

Mon, 19 Sep 2022 - 11:21 GMT

Among the guests are world leaders, including US President Biden and hundreds of other foreign dignitaries.

EGX posts collective losses at close of Sunday trading

Sun, 18 Sep 2022 - 04:49 GMT

The market capital lost some LE 17.7 billion, closing at approximately LE 676.6 billion after transactions that totaled nearly LE 2.4 billion.

Lebanese investors keen on tapping Egyptian market: Official

Sun, 18 Sep 2022 - 04:35 GMT

Shuqair urged investors to visit new economic zones in Egypt to get firsthand information about the volume of achievements there.

Egypt's FM urges strengthening collective action to face climate change

Thu, 15 Sep 2022 - 04:43 GMT

Shoukry reviewed Egypt's preparations for hosting the COP27 in the Red Sea resort city of Sharm El Sheikh in November and its vision for the key issues to be raised in the upcoming climate summit, notably adapting to climate change and mitigating its repercussions, as well as working to rally climate finance.

GAFI chairman in talks over increasing German investments in Egypt

Thu, 15 Sep 2022 - 02:53 GMT

Abdel Wahab made the remarks during a meeting with CEO of Association of German Chambers of Industry and Commerce (DIHK) Martin Wansleben.

Egypt keen on stimulating metallurgical industries: Finance min.

Thu, 15 Sep 2022 - 02:49 GMT

Efforts are underway to turning Egypt into a major global hub in minting metal and coins, he added.

45.1% of households say food waste 'prevalent' in Egyptian society: IDSC

Thu, 15 Sep 2022 - 12:56 GMT

The unfolding crisis in Ukraine has roiled commodity markets and posed threat to global food security, the IDSC added.

Egypt's economy volume increased threefold within 6 years: Finance min.

Wed, 14 Sep 2022 - 02:25 GMT

Egypt recorded the highest growth rate since 2008 at 6.6 percent of gross domestic product (GDP) compared to a global average of 3.2 percent for emerging economies, said the minister in a statement Wednesday.

Egypt's exports of food industries to France reach $50M in 2021

Wed, 14 Sep 2022 - 02:20 GMT

This came during a seminar organize by the FEC under the rubric "opportunities to develop Egyptian food industries exports" on the sidelines of SIAL Paris fair.

GAFI confers with Amazon Egypt confer on its expanding plans in coming stage

Wed, 14 Sep 2022 - 02:16 GMT

This came during Abdel Wahab's meeting with General Manager of Amazon Egypt Omar Elsahy on the 1st anniversary of launching

CBE renews warning of dealing with cryptocurrencies

Tue, 13 Sep 2022 - 03:58 GMT

In a statement on Tuesday, the CBE said that virtual currencies are not issued by the Central Bank, or any official authority, so they are not considered legal tender.

Egypt's central bank, AfDB ink MoU on hosting 2023 annual meetings in Sharm El-Sheikh

Mon, 12 Sep 2022 - 08:57 GMT

The MoU was signed by CBE Governor Hassan Abdallah and Secretary General of the African Development Bank Vincent Nmehielle, CBE said in a statement.

Pope Tawadros II probes plan to review civil protection measures at churches

Wed, 07 Sep 2022 - 12:07 GMT

Also follow-up mechanisms to check on all churches' abidance by safety measures have been set into motion, the spokesman added.

Egypt condoles with Canada over Saskatchewan stabbing

Mon, 05 Sep 2022 - 10:08 GMT

Egypt has offered condolences to Canada over a series of stabbings that have killed and wounded at least 25 people in the province of Saskatchewan.

Americana Group to launch new production lines in Egypt: GAFI chairman

Mon, 05 Sep 2022 - 02:43 GMT

The move aims to increase the group's presence in the food industries sector in Egypt along with targeting new markets to export its products.