Egypt Europe Headlines International

Egypt: 11% increase in value of exports to Germany during 1st half of 2024

On Wednesday September 11, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported an increase in Egyptian exports to Germany. In the first half of 2024, Egyptian exports to Germany totaled $463 million, up 11% from $417 million during the same period in 2023. Egyptian imports from Germany also rose, reaching $2 billion in […]

Africa Business Emerging Markets International

AngloGold Ashtanti acquisition of $2.5B Centamin Company

AngloGold Ashanti has reached an agreement to acquire Centamin Company in a transaction valued at around $2.5 billion. This acquisition will grant AngloGold control over the Sukari mine in Egypt, a renowned gold mine globally. Upon finalization, AngloGold shareholders are set to possess approximately 83.6% of the company, while Centamin investors will retain about 16.4% […]

Columns Egypt Headlines Morocco

Rabat & Cairo stand united against Algerian regime’s divisive policy & malicious attempts

Morocco and Egypt have confirmed the strength of their relationship, dealing a hard blow to the ruling junta in Algiers which has tried to no avail to sow trouble in the Moroccan-Egyptian relations following the signing of military cooperation agreement between Rabat and Addis Ababa. The meeting held Tuesday in Cairo between Moroccan Foreign minister […]

Egypt Features Headlines

Egypt’s Labor minister assures UAE of skilled workforce

Egyptian Minister of Labor Mohamed Jabri met with Dr. Abdulrahman Al Awar, the UAE Minister of Human Resources and Emiratisation, during the 10th BRICS Ministerial Meeting in Sochi, Russia. According to a press release from Tuesday September 10, the two officials discussed enhancing bilateral cooperation in the labor sector, focusing on vocational training, job opportunities, […]

Egypt Features Headlines

Egypt boasts strong cooperation with EU in migration file

On Monday September 09, Egypt’s Minister of Foreign Affairs, Emigration, and Egyptian Expatriates, Badr Abdelatty, praised the strong and impactful partnership between Egypt and the European Union (EU) in managing and promoting both regular and legal migration, while addressing illegal migration. In a joint press conference with Ylva Johansson, the European Commissioner for Home Affairs, […]

Business Egypt Emerging Markets Europe Headlines International

Turkey, Egypt to cooperate on natural gas, nuclear power

Turkish president Recep Tayyip Erdogan said his country looks forward to cooperating with Egypt on natural gas and nuclear power, following a visit to Ankara by Egyptian president Sissi during which trade cooperation deals were also signed. The two countries are willing to strengthen cooperation in the fields of trade, defense, health, energy, and the […]

Egypt Features Headlines

Two dangerous criminals killed in shootout with police in Egypt’s Dakahlia

In a dramatic confrontation in Dakahlia governorate on September 2, two notorious criminals were killed, and one police officer sustained injuries during an exchange of gunfire. The incident unfolded after police received credible intelligence indicating that the two criminals, who had been sentenced to life imprisonment for drug trafficking and possession of illegal firearms, were […]

Africa Egypt Headlines International

Tension brews in Horn of Africa as Egypt sends military aid to Somalia irking Ethiopia

Egypt has sent two military aircrafts loaded with arms and ammunition to Somalia, in a move that triggered the fears of Ethiopia. Relations worsened when Ethiopia and the breakaway Somaliland signed a memorandum of understanding to use 20 km of coastal land for a port purpose in return for recognition as a state. Somalia opposed […]

Egypt Headlines

Egypt strengthens border controls amid regional cholera outbreak

The Egyptian Ministry of Health announced that it has significantly increased surveillance at all border crossings to detect any potential cases of cholera. This precautionary measure, announced on Wednesday August 28, comes in response to recent outbreaks of the disease in neighboring countries, although Egypt has not reported any confirmed cases, as cholera is not […]

Egypt Emerging Markets Headlines Technology

WIPO: Egypt in the top 100 global science and technology clusters

Egypt has secured the 95th rank in the top 100 science and technology clusters in the 2024 Global Innovation Index. This recognition positions Cairo as the only North African cluster on the list, according to the World Intellectual Property Organization (WIPO) report. The report noted that from 2019 to 2023, Cairo filed 166 patent applications […]