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
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 […]
Cairo-based Banknbox sets up HQ in Egypt
Banknbox, a financial technology (fintech) firm based in the Egyptian capital of Cairo, announced the opening of its $10 million regional headquarters in Egypt to provide an integrated platform of banking solutions, electronic payments, smart transportation tech, and digital government payment solutions, among others. Banknbox CEO and Managing Director Basem Mahmoud said the company chose […]
Morocco, Tunisia, Egypt poised for record tourism year
Morocco, Tunisia, and Egypt are on their way to report a record tourism year in terms of revenue and arrivals as they all shed Covid-19 dust buoyed by growing demand from tourist emitting markets on Mediterranean destinations. Despite the global inflationary context and surge in ticket prices due to the Ukraine-Russia war, Egypt reported 7.7 […]
Egypt’s Central Bank, Vietnam’s SBV ink MoU to boost cooperation
The Central Bank of Egypt (CBE) has signed a memorandum of understanding (MoU) with the State Bank of Vietnam (SBV) to bolster joint cooperation, the office of Egyptian Prime Minister Mustafa Madbouly said in a statement, on Thursday July 27. Madbouly and his Vietnamese counterpart Tran Lu Quang witnessed the deal signed in the Egyptian […]
Egypt extends to three months visa for foreign yachts in bid to boost sector
Egypt has decided to grant foreign yacht tourists three-month visas, as opposed to the previous one-month allowance, in a move to boost the sector. The Ministry of Transport indicated in a statement issued Tuesday July 25 that the move is meant to remove all obstacles facing foreign yacht tourists along the Egyptian coasts and to […]
Egypt to assist Greece fight wildfires with Chinook helicopters
Egypt is set to send three Chinook helicopters to Greece to help in fighting forest fires, the Armed forces of the North African country announced Sunday July 23. The helicopters are equipped with advanced equipment required to help put out the fires raging in a number of forests in Greece, Egyptian Armed Forces’ Spokesman Gharib […]
Egypt turns to China, Italy to set up third domestic fertilizer complex
China’s Wuhan Engineering Co. and Italy’s Ballestra will help Egypt set up a new domestic fertilizer Complex, the third of the North African country. Egyptian President Abdelfattah al-Sisi discussed on Wednesday with officials from both foreign companies, “Ahram Online” reports citing the Presidential office. The future Complex will complement the existing production of phosphate and […]
Building collapses in Egyptian capital killing 13 people
13 people died Monday after a building collapsed in the Egyptian capital Cairo, in a string building disasters. A five-storey building reportedly built without permit before 1980, when the country’s construction law was passed, collapsed after a resident recently demolished his apartment’s walls on the first floor, despite warnings not to do so. The prosecution, […]









