Most Recent News

Gold Miner Centamin to Pay about $100 Mln to Egypt in 2017

Centamin, the operator of Egypt’s only commercial gold mine, expects to pay about $100 million during its first full year of profit sharing with the government in 2017, subject to.

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Trump Commits to Bilateral Ties with Egypt

Egyptian President Abdel Fattah al-Sisi and U.S. President Donald Trump discussed ways to boost the fight against terrorism and extremism on Monday and the new American leader underscored his commitment.

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Egypt: Why Sissi Is Supporting Syrian Gov’t

    Egyptian President Abdel Fattah al-Sissi recently said his country’s support of the Syrian regime against what he called “extremists” is necessary for the stability of the region. “Our.

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Egypt Expects to Receive $2.75Billion in Aid from IMF Next Week

    By Asma Alsharif and Eric Knecht Egypt expects to receive $2.75 billion in aid from the International Monetary Fund as early as next week; part of a $12.

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Egypt Eyes $10 Bln in Foreign Investment as it Upgrades Infrastructure

By Lin Noueihed Egypt hopes to attract $10 billion in foreign direct investment (FDI) next year and will automate the process of establishing a company, its investment chief said, highlighting.

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Former Egyptian army chief Abdel Fattah al-Sisi won a landslide victory in a presidential election

Former Egyptian army chief Abdel Fattah al-Sisi won a landslide victory in a presidential election on Thursday but a low turnout threatened to deprive him of the strong mandate he.

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Egypt: Two contrasting candidates vie for the presidency

The Egyptian presidency will be contested by two contrasting candidates- former army chief Abdel Fattah al-Sisi and former parliamentarian Hamdeen Sabahi. According to the secretary-general of Egypt’s Elections Committee, Al-.

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World Bank Provides $300m Loan For SMEs In Egypt

World Bank has announced a $300 million loan for micro and small scale enterprises (MSEs) in remote and rural areas in Egypt, with the aim of boosting job opportunities in.

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Egypt Approves Tough ‘Terrorism’ Law

Cairo — Egypt’s cabinet approved the “anti-terrorism” law during its meeting on Thursday, said a government statement. The law intensifies the penalty against crimes of terrorism and introduces new penalties.

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Egypt’s Army Chief, Abdel Fattah El-Sisi to resign and declared his candidacy in coming national elections

Egyptian army chief Abdel Fattah El-Sisi announced Wednesday that he would resign and declared his candidacy in national elections that are expected later this year. Defense Minister El-Sisi, 59, must.

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