Americas Egypt Headlines International Libya

US, Egypt stress importance of holding Libyan elections on scheduled date

The United States and Egypt stressed the importance of holding elections in Libya on the scheduled date, i.e. on December 24. This was stressed in a joint statement released on Tuesday evening  by the State Department following the US-Egyptian strategic dialogue held on November 8 – 9, under the chairmanship of Secretary of State Antony […]

Egypt Headlines

Egypt to launch world’s largest spinning factory in 2022

Egypt will inaugurate in the second half of 2022, the world’s largest spinning factory led by eight companies. Hisham Tawfik, Minister of the Public Enterprises Sector made the announcement during a meeting with the contracting companies to review the project progress. The project to be developed by Gama Construction Company encompasses 65 buildings and a […]

Egypt Headlines

Egypt: Life trajectory of soccer star Mo Salah in school curricula

The life trajectory of Egypt’s national pride and Liverpool football star Mohamed Salah has been added to school text books in Egypt as a role model for kids and teenagers, Arab News reports. The life and professional career of the 29-year old soccer player are admired at home and abroad. Nicknamed “the happiness maker”, Salah […]

Community Egypt Headlines

Nokia to build IoT infrastructure for Egypt

Egypt’s telecom company, Telecom Egypt has tasked Nokia International to build the country’s Internet of Things (IoT) infrastructure expected to spur improvement of businesses. The deal signed between Adel Hamed, managing director and CEO of Telecom Egypt, and Henrik Fall, head of cloud services and networks in the Middle East and Africa at Nokia, will […]

Egypt Headlines Tunisia

Tunisian President eager to take a leaf out of Egypt’s experience in security, stability matters

Tunisian President Kais Saied Wednesday expressed willingness to learn from Egypt’s experience in areas of security and stability, at the time Tunisians and Tunisia’s partners are wary of the waning of democracy in the North African country. Saied expressed the wish at a phone conversation with his Egyptian counterpart to congratulate him on the 48th […]

Asia Egypt Headlines International Libya

Egypt wants Turkey to freeze military agreement with Libya

Egypt has asked Turkey to suspend the military agreement signed with Libya as part of conditions to normalize ties between the two countries. Egypt and Turkey held several high-level security and intelligence meetings to thaw ties, strained since 2013 after Ankara cut ties with Cairo in the wake of incumbent Egyptian president Fattah al-Sisi’s military […]

Business Egypt Europe Finance Headlines International

France’s AFD to inject €100m in wholesale market project in Egypt

France’s development agency AFD will pump €100 million into the establishment and management of a wholesale market in Egypt next year. The market will be built in Borg el-Arab; industrial city in the governorate of Alexandria, Arab Finance reports, quoting Minister of Supply Ali Al-Muselhi. A joint Egyptian-French company will be set up to manage […]

Business Egypt Finance Headlines

Egyptian state-run banks launch $63.5m fintech fund

Three Egyptian state-controlled banks will launch from next month a $63.5 million (EGP 1 billion) fintech fund to support start-ups in the fintech space and international outfits that want to establish in the Egyptian market, concerned banks have said in a statement. National Bank of Egypt, Banque Misr, and Banque du Caire are behind the […]

Egypt Energy Headlines

Egypt to host of 8th IEF-IGU Ministerial Gas Forum in 2022

Egypt will host the 8th edition of the Ministerial Gas Forum co-organized by the International Energy Forum (IEF) and the International Gas Union (IGU) in 2022, it was announced last week. The forum on natural gas, expected to take place during the second half of 2022, will focus on the global economic recovery after the […]