Egypt Headlines Maghreb Morocco

Egypt, next Arab and African state to open a consulate in Morocco’s Sahara

Egypt is said to be the next Arab and African state to express its support for Morocco’s territorial integrity by opening an embassy in the Sahara region, Egyptian media reported. President Sisi will send his foreign minister to Rabat for that purpose following similar steps by the UAE, Bahrain and Jordan in addition to several […]

Egypt Headlines Tunisia

Tunisia detains 17 Egyptian fishermen for illegal fishing in its waters

Tunisia has arrested 17 Egyptian fishermen accused of illegal fishing activities in its waters. The information was confirmed Saturday by Egypt’s State Information Service (SIS). Assistant foreign minister for consular affairs said Egypt is closely following up the conditions of the 17 fishermen detained by Tunisian authorities. It is unclear when the fishermen were detained. […]

Egypt Headlines

Egypt’s poverty rate falls by 29 per cent, first ever in two decades

Egypt’s poverty rate has shrunk by 29.7 per cent for the first time in two decades. The fall was revealed by the Central Agency for Public Mobilization and Statistics (CAPMAS) based on fiscal year 2019/2020, Arab Finance reports. Poverty line in Egypt, according to the agency, is defined as anyone with a monthly income of […]

Algeria Asia Egypt Headlines International

Algeria, Egypt eye production of Russia-made covid-19 vaccine Sputnik V

Algeria and Egypt could produce Sputnik V, Russia’s covid-19 vaccine, touted as the cheapest among other vaccines. Both countries were among 55 countries around the world that took part Wednesday in an UN-led virtual conference on the presentation of the Russian vaccine. Russian Health Minister Mikhaïl Mourachko said at the special session that the participating […]

Egypt Headlines

EU provides Egypt €6m for irrigation projects

The European Union  has granted Egypt €6 million (EGP 111.21 million) for the financing of two irrigation projects, Arab Finance reports, citing the Egyptian state. The funds allocated under the EU-Joint Rural Development Program, will be used to rehabilitate the irrigation infrastructure in Egypt’s Fayoum and Minya governorates according to the Egyptian government. The EU-Joint […]

Egypt Headlines

Germany charges man for spying for Egypt

Germany’s Public Prosecutor General (GBA) Monday announced an Egypt-born German citizen, working for state-run federal government press office, has been charged with espionage for Egypt. The man identified as Amin A. in accordance with the German secrecy law, “used this position from at least July 2010 to support employees of the Egyptian General Intelligence Service […]

Egypt Headlines

MFO Helicopter crash in Sinai leaves eight onboard dead

A helicopter of the Multinational Force and Observers (MFO), an international force tasked to monitor 1979 peace agreement between Israel and Egypt, crashed Thursday in the Sinai Peninsula leaving eight members of the crew dead. The victims include six Americans, a French national, and a Czech citizen, the organization not linked to the United Nations […]

Business Egypt Europe Finance Headlines International

EU to loan Egypt €1.1bn for financing three transport projects

The European Investment Bank (EIB) will loan Egypt by year’s end €1.1 billion in form of financing package for the implementation of three transport projects in the Arab country. The package will come in two installments. The first tranche will take place in December and valued at €600 million, the Egyptian cabinet said in a […]

Egypt Energy Headlines

Egypt aims to increase gas daily exports to 1 bcf

Egypt aims to increase gas daily exports to 1 billion cubic feet (bcf), Minister of Petroleum and Mineral Resources Tarek el Molla said in an interview while stressing some challenges. Molla told Sky News Arabia that Egypt’s current gas daily exports stand at 300-800 million cubic feet while the production is 72 bcf.   The […]

Africa Egypt Headlines International

Egypt, Sudan to build connecting railway network

Egypt and Sudan Tuesday agreed to build a railway network connecting both countries, Arab Finance reports citing statement from the Egyptian side.   The cooperation agreement was signed by the two countries’ transport ministries, the statement said, adding that the network will link the southern Egyptian city of Aswan and the Sudanese border city of […]