Egypt Headlines

Egypt-Israel: Tel Aviv re-opens mission in Cairo four years after forced closure

Israel Wednesday officially re-opened its mission in Cairo four years after the building was stormed by protesters in September 2011, forcing the ambassador to operate from an unofficial location. The re-opening ceremony was attended by director-general of the Israeli Foreign Ministry Dore Gold, the Israeli and US ambassadors to Cairo and other diplomats. Gold said […]

Egypt Finance Headlines

Egypt wavering over depreciation or depleting reserves

“Is it better to deplete the reserves or is it better to depreciate the pound?” The question was raised by Egyptian Investment Minister Ashraf Salman during a conference on Sunday, after the Central Bank announced earlier in the day that the net international reserves have fallen to $18.1billion. According to the Investment Minister, “at this […]

Egypt Headlines

Egypt calls for urgent consultations on Ethiopian dam

Egypt has called for urgent consultations with Ethiopia and Sudan over the construction of the Grand Ethiopian Renaissance Dam (GERD) after the consultancy firms contracted to submit a report on the impact of the dam on the Nile failed its deadline twice. Cairo has always stressed that the dam will affect the livelihood of its […]

Egypt Headlines

Egypt: Money bag Sawiris wants to save illegal migrants

Egyptian business tycoon Naguib Sawiris invited Greece and Italy to let him buy an island where he will house illegal migrants fleeing their counties. Sawiris said his offer will help migrants start a new life and build their own country. “Greece or Italy sell me an island, I’ll declare its independence and host the migrants […]

Egypt Headlines

Egypt: al-Sissi promises peaceful Parliamentary elections

Al-Sissi Monday promised to ensure a peaceful unfolding of the parliamentary elections set for October and November. The Egyptian president who has been running Egypt without any elected parliament is under international fire which criticizes him of ruling the country with iron hand and failing to materialize his promise to organize free, fair and democratic […]

Egypt Headlines

Egypt to become Mediterranean top gas producer

Italian gas and oil company producer ENI announced Sunday it discovered “the largest” natural gas field in the Mediterranean off the Egyptian coast, making Egypt probably the top gas producer in the region in the future. Egypt which is struggling to ensure enough energy supply to its millions-strong population may end its struggle with this […]

Egypt Headlines

Egypt: Cairo slams British envoy’s critics and International condemnation of Al-Jazeera journos’ sentences

Egyptian foreign ministry summoned the British ambassador to Egypt and criticized the international barrage over court ruling on the Al Jazeera journalists accused of “false information”. The British ambassador John Casson was summoned Sunday by the Foreign Ministry after he described on Saturday the court ruling handing three year prison sentence to three Al-Jazeera journalists […]

Egypt Headlines

Egypt: Egypt Air boss fired, company lost $1 billion over four years

State-owned carrier Egypt Air has a new boss since Thursday after former boss Sameh el-Hefny has been sacked following the one billion dollar lost recorded by the company since the 2011 uprising. Samed el Hefny who ran the company since Marsh 2014 will be replaced by Sherif Fathy who is a consultant and worked as […]

Egypt Headlines

Egypt: Foreign Ministry launches new blog to promote Cairo’s policies

Cairo has embarked Sunday on a communication war with what it called false information as the Foreign Ministry launched a new blog to send out its own information on the situation in the country and sell Cairo’s foreign policy to the world. The blog launch was announced by the ministry’s spokesman Ahmed Abu Zeid who […]

Egypt International

Russia-Egypt: al-Sissi pays third visit to Moscow in just a year

Egyptian President al-Sissi is due to meet his Russian counterpart Vladimir Putin in Moscow next week to bolster cooperation between the two countries, Egyptian official sources indicated Thursday. This will be al-Sissi’s third trip since his election as president in June 2014. He first visited Russia in August last year, and returned to Moscow last […]