Egypt

Egyptian-Jordanian military drill kicks off in Egypt
Egypt

Egyptian-Jordanian military drill kicks off in Egypt

The Egyptian and Jordanian armies launched a military drill on Tuesday under the name “Aqaba 3,” which is set to run…
Egypt’s central bank seen holding off cutting rates because of still-high inflation: Reuters poll
Economy

Egypt’s central bank seen holding off cutting rates because of still-high inflation: Reuters poll

With Egypt’s inflation still above 30 percent, the central bank is expected keep its key interest rates on hold in…
Egypt’s CIB to boost Tier 2 debt as it looks to African growth
Economy

Egypt’s CIB to boost Tier 2 debt as it looks to African growth

Egypt’s Commercial International Bank (CIB) plans to boost Tier 2 capital through dollar-denominated subordinated loans as it seeks to diversify…
Egypt to establish trading area along Sudan border
Egypt

Egypt to establish trading area along Sudan border

The Egyptian Company for Land, Dry Ports and Logistical Areas, which operates under the Ministry for Transport, signed a memorandum…
Egypt, Saudi Arabia sign LE 250 mln deal to finance entrepreneurship, ride sharing projects
Egypt

Egypt, Saudi Arabia sign LE 250 mln deal to finance entrepreneurship, ride sharing projects

Egypt and Saudi Arabia signed on Friday two agreements with a total value of LE 250 million to finance Egyptian entrepreneurship…
MP submits complaint to Parliament Speaker on construction of metro line in Zamalek
Egypt

MP submits complaint to Parliament Speaker on construction of metro line in Zamalek

Parliament member Mohamed Al-Masaoud, representative of Cairo’s Zamalek area, delivered on Monday a statement to Parliamentary Speaker Ali Abdul Aal in…
Egypt’s Parliament approves establishing space agency
Egypt

Egypt’s Parliament approves establishing space agency

The Parliament’s Education and Scientific Research Committee officially approved on Sunday to establish an Egyptian Space Agency after a draft…
Deadlock in Renaissance Dam talks, Egypt to discuss alternative scenarios
Features/Interviews

Deadlock in Renaissance Dam talks, Egypt to discuss alternative scenarios

Minister of Water Resources and Irrigation Mohamed Abdel-Ati, who is heading Egypt’s delegation in the tripartite talks on the Ethiopian…
Egypt is number one destination for German weapons
Egypt

Egypt is number one destination for German weapons

The German government has attracted criticism over the export of hundreds of millions of euros worth of conventional weaponry to…
Egypt plans to reduce inflation to 13 percent by end of 2018: CBE Governor
Business

Egypt plans to reduce inflation to 13 percent by end of 2018: CBE Governor

Tarek Amer, Governor of the Central Bank of Egypt (CBE), stated on Monday that the country is taking active measures…
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