An Egyptian judge investigating state’s legal action against 85 organizations for getting foreign funds to finance 2011 revolution dropped Tuesday August 22 charges against 75 nonprofit organizations, lifted travel ban imposed on them and unfroze their assets, the justice ministry has indicated. Investigations have concluded for 75 organizations, with orders of non-prosecution (dismissal orders) issued […]
Egypt
Texas-based Apache Corporation contemplates investing $1.4 billion in Egypt in 2024
Texas-based Apache Corporation will inject additional $1.4 billion into the Egyptian oil sector, the company’s CEO John Christman told Egyptian Prime Minister Mustafa Madbouly on Sunday August 20. Apache Corporation is the USA’s largest investor in the North African country oil sector. The company according to Egyptian authorities, is poised to pump more investments and […]
Singapore’s Changi Airports International signs deals to improve Cairo International Airport
Singapore’s Changi Airports International inked Thursday August 17 in Singapore two deals with Cairo Airport Company to jointly develop Cairo International Airport, “Ahram Online” reports, citing the North African country’s Civil Aviation Ministry. The first deal, a consultancy agreement, is passenger-focused and seeks to implement impactful solutions to improve the passenger experience at Cairo International […]
Egypt, China ink deal to develop drought and salt-tolerant crops
Both Egypt and China’s ministers of Agriculture signed Wednesday August 16 to collaborate on developing drought and salt-tolerant crops to overcome water scarcity and salinity in Egypt as the country confronts the major impacts of climate change, “Ahram Online” reports. Egypt’s El-Sayed El-Quseir and his Chinese counterpart Tang Renjian signed the agreement which the Egyptian […]
English Premier League to promote Egypt destination this season
The English Premier League (EPL) will this 2023-2024 season promote Egypt as a travel destination as part of the North African country’s efforts to attract more holidaymakers. The Egyptian General Authority for Tourism (EGAT) will run two-minute commercials on big electronic screens in various stadiums hosting EPL games, “Ahram Online” reports. The EGAT plans to […]
French “Gustave Roussy National Cancer Institute” to develop public hospitals in Egypt
Egypt’s Ministry of Health signed a memorandum of understanding Wednesday August 9 with French Gustave Roussy National Cancer Institute to upgrade and raise the standards of Egyptian public hospitals, “Ahram Online” reports. The MoU will, according to the ministry, improve the quality and efficiency of public health facilities and enhance public-private partnerships in the sector. […]
Chinese Midea Group contemplates acquiring Electrolux Group’s Egyptian Zanussi
The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]
Egypt pulls out over 460 peacekeepers from Mali as UN mission is parking out
Over 460 peacekeepers from the Egyptian combat and convoy escort battalion working for United Nations Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) have pulled out of the country as the mission is preparing to complete exit by December 2023. The UN mission said the Egyptian troops “have conducted over a year convoy escorts from Gao […]
Egypt, Turkey keen to boost trade to $15 billion over next five years
Egypt’s Minister of Trade and Industry Ahmed Samir, Tuesday August 1, as he began a trip to Turkey announced that the North African country plans to increase the volume of bilateral trade with Turkey. From $10 billion to $15 billion over the next five years. Samir’s visit (August 1-3) is the first for an Egyptian […]
Abu Dhabi Islamic Bank Egypt appoints Egypt’s Minister of International Cooperation Rania Al-Mashat as board member
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) has named Rania Al-Mashat, Egypt’s Minister of International Cooperation as a member of the board of directors. Al-Mashat, Ahram Online reports, received a special waiver from Prime Minister Mostafa Madbouly to serve in the new position while maintaining her portfolio in the Egyptian Cabinet. Abu Dhabi Islamic Bank […]









