The World Bank Group and Egypt will be discussing means of improving the country’s investment climate and competitiveness in order to boost economic growth. Anabel Gonzalez, Senior Director of the Trade and Competitiveness Global Practice at the World Bank, will be meeting with government officials as well as representatives of the private sector during her […]
Egypt
Egypt: Trade with Ethiopia aimed at $0.5bn
A strong Egyptian delegation, including several ministers, is in Ethiopia for a two-day working visit for the fifth session of the joint Egyptian-Ethiopian committee. The session seems to be focused on reinforcing bilateral and trade ties between the two countries despite their differences over the Renaissance Dam project. The visit is seen by Cairo as […]
MENA : Algeria, Libya and Egypt to replace Gazprom
Plans are underway for Algeria, Libya and Egypt to replace 50% of Russia’s Gazprom natural gas supply to Europe. Italy’s largest utility, Enel SpA, hopes that the development efforts that are ongoing in oil and gas sectors of these North African countries, especially in Algeria, will ease the process. Europe is seeking to reduce its […]
Egypt won’t renew Turkey transit-trade agreement
Relationship between Turkey and Egypt has been dealt another blow after Cairo stated that it will not be renewing the cooperation agreements with Ankara when they expire. Amongst them is the important transit-trade agreement that is set to expire in March next year. Turkey is yet to be officially informed. Hwaida Essam Abdel Rahman, Deputy […]
Egypt resolved to fight terrorism, “external support”
Egypt decreed a state of emergency in north and central Sinai for the next three months following the terrorist attack at El-Arish checkpoint that killed 30 soldiers and imposed a curfew from 5:00 pm to 7:00 am.The government also declared a three-day period of mourning. After a meeting with the Supreme Council of the Armed […]
Egypt and Kuwait sign commercial industrial agreements and MoU
Egypt and Kuwait have sealed a draft agreement aimed at strengthening the commercial and industrial ties between them as well as the promotion of their products and services. The ceremony took place at the sidelines of the Kuwait-Egypt exhibition and conference in Cairo which opened its doors on Tuesday. Several government authorities from both countries […]
Erdogan’s latest speech “insulting”,Egyptian FM
The tug-of-war between Ankara and Cairo is reaching new heights after Egypt’s foreign Ministry labeled President Recep Tayyip Erdogan’s latest attacks as “insulting comments.” Erdogan has always described the removal of Mohammed Morsi as a coup d’état and continues to consider the government led by Al-Sisi as unconstitutional. President Erdogan told the Turkish parliament that […]
El-Sisi to explain Egypt’s “reality” to Obama
The relation between Cairo and Washington seems to be on the right footing after Egyptian Presidential Spokesman, Alaa Youssef, announced that President Abdel-Fattah El-Sisi will be meeting with his homologue from the US to clear the air about Egypt’s situation. He said “the reality” will be told to President Obama in order to clear the […]
Egypt attacks EU for false charges and dualism
Cairo is unhappy with some of the comments made by the European Union (EU) during the 27th regular session of the United Nations’ Human Rights Council. The EU alleged that the respect for Human Rights has been backtracking in Egypt especially when detainees and Human Rights movements are concerned. The Egyptian foreign ministry refuted the […]
Egypt : Tourism sector to be revived by 2015
Tourism Minister Hisham Zaazou has described Egypt as “a green oasis in the middle of this desert” as he made references to the ongoing turmoil in Libya, Iraq and Syria. The Minister is hopeful that Egypt’s tourism sector will be back to its golden days by the end of next year if there are no […]









