Most Recent News

EU Pushes Migration Talks with Tunisia, Egypt

The European Union is offering simplified visa procedures and increased economic aid to Tunisia and Egypt in exchange for smoother deportations of unwanted African migrants, two senior officials in Brussels.

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Egypt Making Good Progress in IMF Programme, Lagarde Says

Egypt is making good progress in its $12 billion loan programme with the International Monetary Fund and its currency may be stabilising after plunging to record lows, IMF Managing Director.

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Gold Miner Centamin to Pay about $100 Mln to Egypt in 2017

Centamin, the operator of Egypt’s only commercial gold mine, expects to pay about $100 million during its first full year of profit sharing with the government in 2017, subject to.

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Trump Commits to Bilateral Ties with Egypt

Egyptian President Abdel Fattah al-Sisi and U.S. President Donald Trump discussed ways to boost the fight against terrorism and extremism on Monday and the new American leader underscored his commitment.

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Egypt: Why Sissi Is Supporting Syrian Gov’t

    Egyptian President Abdel Fattah al-Sissi recently said his country’s support of the Syrian regime against what he called “extremists” is necessary for the stability of the region. “Our.

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Egypt Expects to Receive $2.75Billion in Aid from IMF Next Week

    By Asma Alsharif and Eric Knecht Egypt expects to receive $2.75 billion in aid from the International Monetary Fund as early as next week; part of a $12.

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Egypt Eyes $10 Bln in Foreign Investment as it Upgrades Infrastructure

By Lin Noueihed Egypt hopes to attract $10 billion in foreign direct investment (FDI) next year and will automate the process of establishing a company, its investment chief said, highlighting.

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Former Egyptian army chief Abdel Fattah al-Sisi won a landslide victory in a presidential election

Former Egyptian army chief Abdel Fattah al-Sisi won a landslide victory in a presidential election on Thursday but a low turnout threatened to deprive him of the strong mandate he.

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Egypt: Two contrasting candidates vie for the presidency

The Egyptian presidency will be contested by two contrasting candidates- former army chief Abdel Fattah al-Sisi and former parliamentarian Hamdeen Sabahi. According to the secretary-general of Egypt’s Elections Committee, Al-.

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World Bank Provides $300m Loan For SMEs In Egypt

World Bank has announced a $300 million loan for micro and small scale enterprises (MSEs) in remote and rural areas in Egypt, with the aim of boosting job opportunities in.

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