Egypt

Sisi: New High-Speed Electric Train Network Represents Consolidation of Fruitful Cooperation between Egypt, Germany

Sat, 28 May 2022 - 06:33 GMT

In a recorded speech, German Chancellor Olaf Scholz said that Egypt is becoming a pioneer in technology over the African continent. I hope that other countries would follow this example

Egypt’s amb. to Canada lauds communities' support for national economy

Sat, 28 May 2022 - 03:57 GMT

The minister reiterated that such great roles reflect expatriates’ confidence in the national economy.

3M children examined for hearing impairment: Health min.

Sat, 28 May 2022 - 03:45 GMT

The initiative was launched in September 2019.

Egypt’s Grand Imam of Azhar: One wife enough, polygamy conditional right

Fri, 27 May 2022 - 02:06 GMT

“Those who say that the origin in Islam is polygamy are mistaken, and the issue has seen injustice to women and children in many cases,” said Ahmed El Tayeb added that polygamy is conditional on justice, and if justice is not existing, polygamy is prohibited.

Moody’s changes its outlook of Egypt to negative from stable

Fri, 27 May 2022 - 12:54 GMT

The agency attributed the change in its outlook to the inflation in the food prices, saying that if the government could not mitigate such raises in prices, it would cause “social tensions,” despite the foreign financial support of the Gulf States Council (GCC) and the prospect of a new IMF program.

US Department of State approves sale of CH-47F Chinook Helicopters to Egypt

Fri, 27 May 2022 - 12:30 GMT

One week earlier, the State Department also okayed another possible military sale to Egypt of TOW 2A Radio Frequency (RF) Missiles, Support, and related equipment for an estimated cost of $691 million, the agency said in another statement.

Egypt to open 2022 African Handball Championship against Cameroon

Fri, 27 May 2022 - 11:10 GMT

The Pharaohs, the current title holders, are drawn in Group A alongside Cameroon and Morocco and the hosts picked Cameroon to face in the opening game of the competition.

Timeline of obligatory application of e-tax bills system to be announced: Finance min.

Thu, 26 May 2022 - 04:55 GMT

In a statement by the Finance Ministry, Maait said there are five stages to oblige the financers to register in the new system and issue electronic tax bills for the services and goods sold to final consumers.

Bankers laud WB's decision to choose CBE governor to chair WBG, IMF annual meetings in October

Thu, 26 May 2022 - 04:52 GMT

Egypt has managed to ameliorate a lot of consequences associated with the coronavirus crisis the Ukrainian crisis along with the ensuing global challenges related to the sharp increase in inflation rates, they added.

CBE's Tarek Amer to chair October meeting of WB, IMF

Thu, 26 May 2022 - 04:37 GMT

Amer will address the opening meeting as well as the presidents of the WB and IMF.

Egypt plans to expand establishment of seawater desalination projects

Thu, 26 May 2022 - 04:34 GMT

The Prime Minister affirmed the state's interest in expanding seawater desalination projects during the next stage, especially in coastal and border cities, given the importance of these projects in providing part of the local water needs to support various development purposes.

Egypt's economy records growth rate of 7.8% in 9 months with expectations to hit 6.2% during 21/22

Thu, 26 May 2022 - 04:06 GMT

El-Said noted during thh cabinet meeting that the growth rate during the third quarter of the current fiscal year (January - March 2022) reached 5.4 percent.

Egypt, Saudi Arabia sign MoU in field of aluminum industries

Thu, 26 May 2022 - 02:03 GMT

The agreement aims to launch a cooperation between the Alupco Group and Octa International to establish a factory for forming and manufacturing aluminum products and applications for the construction sectors and other high-quality products.

Egyptian, Cypriot FMs: We continue consultations on regional issues, East Mediterranean Gas Forum

Thu, 26 May 2022 - 01:34 GMT

The Egyptian minister praised the role of Cyprus in strengthening relations between Egypt and the European Union, saying “Cyprus is working to convey the Egyptian point of view to its European brothers.”

Egypt's production index for transformative, extractive industries rises 8.39% in March

Thu, 26 May 2022 - 01:18 GMT

The non-ferrous metal products (bricks, glass, and cement) industry index decreased 9.67 percent due to the availability of stock, to reach 87.18 during March 2022 compared to 96.51 in February 2022.

Egypt set to operate new Talgo trains on Cairo-Alexandria line

Thu, 26 May 2022 - 12:08 GMT

Egypt’s Transport Ministry announced on Thursday that it will start of the experimental operation of Spanish air-conditioned trains without passengers on Cairo-Alexandria line.

Slovenia Amb. to Cairo: COP27 ‘good opportunity’ for Africa to respond to climate change

Thu, 26 May 2022 - 11:50 GMT

Slovenia's Ambassador to Egypt, Mateja Prevolsek, said that Slovenia is celebrating the 30th anniversary of the establishment of diplomatic relations between the two countries these days, during which excellent relations were established during this period.

Egypt, Japan discuss economic developments, bilateral cooperation

Thu, 26 May 2022 - 11:46 GMT

The Foreign Ministry said on Thursday that both sides discussed the progress witnessed in all indicators of the Egyptian economy over the past few years, which contributed to limiting the repercussions of the coronavirus crisis and the Ukrainian crisis.

Egyptian, Cypriot FMs discuss enhancing ties in trade, energy & investments

Thu, 26 May 2022 - 11:33 GMT

“The bilateral consultations' begins between FM Shoukry and Cypriot FM Kasoulides to discuss bilateral relations; advancing cooperation in several fields, especially trade, energy, and investments; as well as to discuss regional and international issues of interest,” Hafez said on his Twitter account.

US business community announces support for Egypt to be regional hub for energy

Thu, 26 May 2022 - 11:08 GMT

“We look forward to bringing more US businesses to Egypt to explore the economic and environmental benefits private sector technologies and services can offer,” Clark said.

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