Egypt Headlines

Russia pledges to meet wheat commitments to Egypt

Russia’s Foreign Minister Sergey Lavrov Sunday said Russian grain exporters are committed to their obligations regarding international wheat orders. Russia’s top diplomat was in Cairo Sunday to meet with Egyptian authorities and the Arab League. Lavrov during a joint press conference with his Egyptian counterpart Sameh Shoukry said that his country took many steps to […]

Egypt Energy Headlines

Egypt starts construction of first nuclear plant with Russian expertise

Egypt and Russian energy company Rosatom have announced the beginning of construction work of the North African country’s first nuclear plant. The plant is being built at El-Dabaa on the country’s north coast and is expected to have four units, each with a generating capacity of 1,200MW. The project has been in the pipeline since […]

Egypt Headlines

Egypt, Serbia sign series of agreements as leaders of both countries meet

Egypt and Serbia inked a group of agreements and Memorandum of Understanding as President Abdelfattah al-Sisi visited the European country Wednesday. Al Sisi met with Aleksandar Vucic in capital Belgrade following a visit to Germany the day before. Both leaders oversaw the signing of several accords. One agreement in the field of higher education was […]

Business Egypt Finance Headlines

AfDB allocates Egypt $271m credit line to finance food security and economic resilience program

The African Development Bank Board of Directors approved a loan of USD 271 million to finance Egypt’s Food Security and Economic Resilience Support Program to support efforts to mitigate the impact of the global shocks on the domestic economy from the Russia-Ukraine conflict and to preserve resilience, Abidjan-based bank said in a statement. The program […]

Business Egypt Finance Headlines

EIB, Banque Misr ink two deals to support SMEs in Egypt

The European Investment Bank (EIB) and Banque Misr have signed two technical assistance agreements to support small- and medium-sized enterprises (SMEs), Arab Finance reports citing emailed press release on July 6th. The first program will bolster Banque Misr’s credit risk management and help it adopt SME financing best practices. The second according to the statement […]

Headlines International Morocco

Manama: Morocco Takes Part in 1st Negev Forum Steering Committee Meeting

Morocco took part Monday in Manama in the first meeting of the Negev Forum Steering Committee which brought together senior Foreign Affairs officials from United States, Israel, Bahrain, Egypt and United Arab Emirates. The gathering, which focused on regional security, energy, water and food, comes ahead of the first visit planned by U.S. President Joe […]

Headlines

Egypt: Interpol asked to put six Muslim Brotherhood members on red notice for terrorism financing

The Egyptian judiciary has issued a notification to Interpol to include six Muslim Brotherhood leaders on a “red notice” for smuggling funds abroad to finance terrorism, Arab News reports. The Supreme State Security Criminal Court decided to notify Interpol in order to track the leaders, arrest them and hand them over to Egyptian authorities. Wanted […]

Egypt Headlines

Five Egyptian soldiers killed in fresh attack

An attack carried out by a group of militants killed Wednesday five Egyptian military personnel in North Sinai, the second such an attack in less than one week after the Islamic state group (ISIS) claimed a first attack that slain 11 security forces. Two security sources told Reuters that unidentified armed men assaulted a security […]

Asia Egypt Headlines International Morocco

Egypt commends role played by Al-Quds Committee in supporting resistance of Inhabitants of the Holy city

Egyptian Foreign Minister Sameh Shoukry hailed the role played by the Al-Quds Committee, chaired by King Mohammed VI of Morocco, in supporting the resistance of the inhabitants of the Holy City and preserving the Arab-Islamic character of Al-Quds, its legal and civilizational status and its historical identity as a land of coexistence between the three […]

Headlines Maghreb Morocco

Egypt reaffirms support for Morocco’s sovereignty over Sahara

Egypt reiterated its position in support of Morocco’s territorial integrity and UN efforts in line with UN Security council resolution 2602 which stressed the preeminence of the autonomy plan. This came in a joint statement following talks in Rabat between Moroccan and Egyptian foreign ministers, Nasser Bourita and Sameh Choukri. The two countries expressed in […]