85 projects worth $11.9B underway on climate change adaptation: minister

Thu, 19 May 2022 - 05:39 GMT

The ministry’s current portfolio includes 85 projects worth dlrs 11.9 billion in the field of adaptation to climate change and cushioning its fallout; in a way that supports the country’s efforts to implement Sustainable Development Goal 13 (SDG 13): climate action, she added.

NBE, Banque Misr garner over LE 679B from 18% saving certificates till now

Thu, 19 May 2022 - 05:30 GMT

The banks issued the certificates following an exceptional decision by the Central Bank of Egypt (CBE) last month to raise basic interest rates by 1 percent.

Egypt to face South Korea in a friendly in June

Thu, 19 May 2022 - 05:04 GMT

This game will be the first friendly game for The Pharaohs in the era of their new manager, Ihab Galal.

Brazilian market has promising opportunities for Egyptian food products: FEC

Thu, 19 May 2022 - 02:53 GMT

The show kicked off on May 16 and is expected to last until Thursday.

Protocol signed to localize manufacturing of electric vehicles in Egypt

Thu, 19 May 2022 - 01:44 GMT

Chairman of the Arab Organization for Industrialization (AOI) Abdel Moneim el Terras signed a cooperation protocol on Thursday with El Masreen Investment Group and the UAE company (Barq EV) to localize the manufacturing of electric vehicles in Egypt.

Ukraine offers to send wheat shipments to Egypt via Poland: Minister

Thu, 19 May 2022 - 01:42 GMT

Egypt’s Minister of Supply and Internal Trade Ali al-Moselhi affirmed that the four shipments that were contracted with Ukraine are stranded in the black Sea due to the ongoing Russian-Ukrainian conflict, Al Shorouk newspaper reported on Wednesday.

Egypt to launch soon 1st strategy for child development in Arab region: NCCM official

Thu, 19 May 2022 - 01:29 GMT

Egypt is set to launch soon its strategy for child development, as the first Arab country to launch this strategy.

Egypt, EIB discuss National Climate Change Strategy 2050, COP 27 agenda

Thu, 19 May 2022 - 12:20 GMT

In a meeting with Vice-President of the European Investment Bank (EIB) Ambroise Fayolle, Fouad discussed the national strategy for climate change, which included a number of projects such as a 10-billion-dollar project that aims at producing 10 gigawatts of renewable energy through transferring thermal power plants to renewable energy-operated ones.

High profile delegation of Serbian representatives of political, religious and media bodies visit South Sinai

Thu, 19 May 2022 - 09:55 GMT

A high profile delegation of a number of Serbian political, religious, tourist and media bodies arrived at Sharm El Sheikh Airport Wednesday to visit a number of South Sinai cities.

In Pics: FM Shoukry meets his assistants, senior officials at ministry's HQ in Administrative Capital

Thu, 19 May 2022 - 05:07 GMT

Egypt’s Foreign Minister Sameh Shoukry meet on Wednesday with a number of his assistants and senior officials at the ministry's new headquarters in the New Administrative Capital.

Egypt’s Prosecution to arrest young men involved in harassing special-needs-child

Thu, 19 May 2022 - 04:55 GMT

Egypt’s Public Prosecution ordered; Wednesday arresting number of young men accused of harassing a special-needs-boy [differently-abled] in Toukh city, Qalyubia Governorate.

Egypt is keen to support tourism, easing repercussions of global crises

Thu, 19 May 2022 - 04:34 GMT

Egypt’s Prime Minister Mostafa Madbouly emphasized the Egyptian State's keenness, under the leadership of President Abdel Fattah El Sisi, to continue making all possible efforts to support the tourism sector

President Sisi follows up implementation of number of health initiatives

Thu, 19 May 2022 - 04:27 GMT

Egypt’s President Abdel Fattah El Sisi meet on Wednesday with Presidential Adviser for Health Affairs Dr Mohamed Tag-Eddin.

Egypt welcomes successful Somali Presidential elections

Thu, 19 May 2022 - 04:19 GMT

Egypt welcomed on Wednesday the successful organization of Somali elections that ended up by declaring Hassan Sheikh Mohamud as the new president of the country.

Trade exchange bet. Egypt, Malaysia increases 81% in 2021

Wed, 18 May 2022 - 05:34 GMT

Ezzat explained that the trade balance between the two countries comes in favor of Malaysia with a value of $459.465 million during 2021, compared to $296.234 million in 2020, marking a growth of 55 percent.

Why did Egypt exclude spaghetti from 3-month export ban decision?

Wed, 18 May 2022 - 04:42 GMT

On March 10, the Official Gazette published the Ministry of Commerce’s decision No. 141 of 2022, banning the export of a number of commodities, namely wheat, flour, gravel, mashed beans, lentils, pasta and flour of all kinds, for a period of 3 months.

Shell subsidiary acquires ExxonMobil's offshore concession in Egypt

Wed, 18 May 2022 - 03:49 GMT

The completion of the ownership transfer process, the management of the concession area will be transferred to Shell, according to the company, which noted that the agreement is subject to the approval of the relevant government and regulatory agencies.

CBE's governor reviews repercussions of int'l crisis on Egypt's economic conditions

Wed, 18 May 2022 - 03:25 GMT

He added during the 2022 Arab Banking Conference that the capital adequacy standard recorded 25.5 percent by the end of December 2021, compared to 14.5 percent in 2017, while the global average for the capital adequacy standard recorded 12 percent.

Egyptian startup Doxx raises $1.5M in seed round

Wed, 18 May 2022 - 02:08 GMT

Doxx is a patient-centric application that focuses on empowering patients to take control of their medical records, lead healthier lifestyles, and find the right medical care required through a network of fully integrated service providers.

Sphinx Airport to operate in mid-July: Civil Aviation Minister

Wed, 18 May 2022 - 01:19 GMT

He noted that the project of developing the Sphinx International Airport is of great importance, especially as it is close to the Giza Pyramids Plateau.