Egypt Today staff

S&P upgrades Egypt's outlook to positive amidst record investments, economic reforms

Mon, 18 Mar 2024 - 11:19 GMT

These changes in the global agency's view of the Egyptian economy come after Cairo secured a $35 billion investment from the United Arab Emirates (UAE), adding to a string of international commitments and financing exceeding $50 billion.

UN White House National Security Adviser: Egypt has voiced deep alarm of Israeli ground offensive in Rafah

Mon, 18 Mar 2024 - 08:46 GMT

“Rafah is on the border with Egypt, which has voiced its deep alarm of a major military of operation there and even raises question on its future relationship with Israel if any impending military operation,” said the US White House National Security Adviser Jake Sullivan in a brief to reporters.

Alexandria Experiences Heavy Rainfall, Intermittent Showers in Greater Cairo

Mon, 18 Mar 2024 - 06:00 GMT

In the meantime, Alexandria Governorate experienced heavy rainfall across several areas, accompanied by a decrease in temperature and brisk winds. This occurrence coincided with what is referred to as "The Sun’s Great Gale," which has affected Egypt’s Mediterranean cities since Saturday and is expected to persist until the upcoming weekend.

World Bank to provide over $6B in support to Egypt over next 3 years

Mon, 18 Mar 2024 - 02:37 GMT

This support includes $3 billion for financial backing to Government’s programs and $3 billion for the private sector (including mobilization) – subject to Board approval.

EGX continues downtrend during Monday, market cap. loses LE133.48B

Mon, 18 Mar 2024 - 02:16 GMT

The benchmark EGX30 decreased 6.34 percent, or 1,970.59 points, to end at 29,091.29 points.

Intl. community to bear moral obligation in case of UNRWA's absence from Gaza: Egyptian FM

Mon, 18 Mar 2024 - 01:49 GMT

Minister Shokry stressed the necessity of eliminating the obstructions set by Israel to cripple the delivery of aid to Palestinians.

4 Tips to Lose Weight during Ramadan

Mon, 18 Mar 2024 - 01:35 GMT

As we all know, Ramadan gives us all the perfect chance to indulge in our favorite foods after fasting. From the Samobsak that is loved by all to the infamous Konafa with all its variations, losing weight during the holy month can be tricky. But we have some simple tips to help you lose weight before Eid, so let us get started!

PM, CBE Governor follow up on updates of recent economic decisions

Mon, 18 Mar 2024 - 01:29 GMT

These decisions included the exemption of customs duties on goods and the floating of the Egyptian pound.

Amb. of Bosnia and Herzegovina: We support Egypt's efforts to settle current conflict in Gaza Strip

Mon, 18 Mar 2024 - 01:17 GMT

Ambassador of Bosnia and Herzegovina to Egypt Thabet Subasic affirmed his country's support for Egypt's efforts to reach a political solution to the Palestinian-Israeli conflict based on a two-state solution, emphasizing that Chairman of the Presidency of Bosnia and Herzegovina Denis Bećirović, stressed the importance of reaching a ceasefire, protecting civilians, and providing humanitarian aid to the people of Gaza.

Egypt begins constructing 8 solar-powered groundwater pumping stations in South Sudan

Mon, 18 Mar 2024 - 01:15 GMT

The ministry pointed out that 20 of those had been established over the past few years to serve 100,000 South Sudanese citizens.

6 months imprisonment for concealing digital evidence: Anti-Cybercrime Law

Mon, 18 Mar 2024 - 12:44 GMT

The Anti-Cybercrime Law promulgated by Law No. 175 of 2018 stipulates punishment for the person responsible for managing a website, private account, email, or information system if he conceals or tampers with digital evidence of a crime.

Egyptian Armed Forces greets Sisi on 10th of Ramadan victory anniversary

Mon, 18 Mar 2024 - 12:01 GMT

Commander-in-Chief of the Armed Forces and Minister of Defense and Military Production Gen. Mohamed Zaki on Monday sent a cable of greetings to President Abdel Fattah al Sisi, on the 10th of Ramadan victory anniversary.

Egypt, EU trade volume declines by 19% in 2023

Mon, 18 Mar 2024 - 11:58 GMT

The value of Egyptian exports to EU members declined by 31.8 percent year-on-year, amounting to $11.8 billion and the value of imports from EU members witnessed a drop of 9 percent and were valued at $19.4 billion

FM Shoukry says any political process in Sudan should include all parties

Mon, 18 Mar 2024 - 11:40 GMT

Egypt’s Foreign Minister Sameh Shoukry said on Monday that any future political process in Sudan should include all effective national parties.

Chinese amb. hails Egypt's role to solve conflict in Gaza

Mon, 18 Mar 2024 - 11:33 GMT

Chinese Ambassador to Egypt Liao Liqiang hailed on Sunday Egypt's role to solve the current conflict in the Gaza Strip and efforts to reach a ceasefire.

Egypt requests $5B first tranche from IMF’s $8B loan

Mon, 18 Mar 2024 - 10:55 GMT

The purpose of this request is to strengthen Egypt's economy and ensure a sustainable infusion of foreign currency liquidity.

Air, river navigation suspended in Aswan due to dust storm

Sun, 17 Mar 2024 - 09:06 GMT

The governor instructed the Aswan Traffic Department to alert drivers of vehicles and cars on highways to reduce their speed, exercise caution to prevent traffic accidents, and prioritize the safety of citizens and tourist groups. This directive particularly emphasizes the "Aswan-Abu Simbel" tourist road and the western desert road "Aswan-Cairo."

Egypt’s FM to receive US Special Envoy to Sudan, UNRWA Under-Secretary-General

Sun, 17 Mar 2024 - 08:44 GMT

Also, a joint press conference between Shoukry and the UNRWA Under-Secretary-General will be held afterwards, the statement continued.

Sisi and von der Leyen sign declaration on Egypt-EU ‘strategic, comprehensive’ partnership

Sun, 17 Mar 2024 - 04:07 GMT

Egypt’s President Abdel Fattah El-Sisi and European Commission President Ursula von der Leyen have signed a joint declaration on strategic and comprehensive partnership between Egypt and the European Union.

Egypt's President, Belgium's PM warn of catastrophic consequences of an operation in Gaza's Rafah

Sun, 17 Mar 2024 - 02:42 GMT

Egyptian President Abdel Fattah El-Sisi and Belgium's Prime Minister Alexander De Croo have underscored the severe consequences of any potential operation in the Palestinian city of Rafah in Gaza.

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