Egypt Features Headlines International

Egypt-UK: Sisi invited to visit UK, Human Rights Groups’ dismayed

Human rights groups on Thursday voiced their concerns over Prime Minister Cameroon’s invite to President Fattah al-Sisi whom they consider as “butcher of human right” following the mass and unlawful trials of Muslim Brotherhoods members this week among whom former democratically elected President Mohamed Morsi who has been handed death sentence by a Cairo court. […]

Egypt Features Headlines

Egypt gets €50m AfDB loan to develop agriculture

Cairo’s request for a €50.20 million loan from the African Development Bank (AfDB) for agricultural purposes has been approved by the bank’s board. The amount will be used to implement the Egyptian National Drainage program (NDP) destined to improve the country’s agricultural production and household income generation by developing irrigation systems as well as avoid […]

Egypt Features Headlines

Egypt ordered six AASM Hammer missiles from French Sagem

The French company Sagem said it has signed a major contract with the Egyptian Ministry of Defense for AASM Hammer air-to-ground missiles to be deployed by the Egyptian air force. This new contract comes just after Egypt purchased 24 Rafale omnirole fighters from Dassault Aviation. “We will deliver the first AASM Hammer missiles by the […]

Egypt Features Headlines

Egypt: Court verdict could lead to unwanted circumstances, UN

A Cairo court has upheld the death sentences issued for the alleged plotting of jailbreaks and attacks on police during the 2011 revolution, amongst them the former President Mohammed Morsi. The international community received the news with strong criticisms and many sides warned the ruling could jeopardize the country’s stability and reconciliation. The press office […]

Business Egypt Features Finance Headlines

Egypt Gets $ 500 M Afreximbank Loan to Promote exports to Africa

The African Export-Import Bank (Afreximbank) has agreed to extend Egypt a $ 500 million credit line to support its trade projects and exports to other African countries. The deal was confirmed by the Egyptian Trade Minister Mounir Fakhry Abdel-Nour on the sidelines of the economic summit held earlier this week in the resort of Sharm […]

Egypt Features Headlines

Egypt: Sisi fumes at Prime Minister and cabinet members in public

President Abdel Fattah El-Sisi will be celebrating one year as the Egyptian Head of State on Tuesday but he is unpleased with the achievements of the government led by Prime Minister Ibrahim Mahlab after he publicly criticized him and some members of his cabinet. The president was at the inauguration ceremony of development projects being […]

Egypt Features Headlines

Egypt: Economy shows signs of revival, two new ministries underway

The Egyptian government has received a big boost after it sold $1.5 billion of 10-year bonds at a yield of 6% with lead managers claiming that $4.5 billion of investor orders were attracted by the bond issuance. The success of this first international bond issuance under Sisi’s government shows signs of a return to normality […]

Egypt Features Headlines

Egypt-USA: Sisi and Panetta discuss regional security

Regional security and the joint Arab force project were among the main topics discussed at talks held Thursday in Cairo between Egyptian President Abdel Fatah al-Sissi and visiting former U.S Secretary of Defense Leon Panetta. A statement released by the Egyptian presidency said Panetta is convinced that the joint Arab force being discussed by members […]