Economic Crisis

Egypt's president touches on planned electrical linkage projects with Greece, Italy

Sat, 19 Aug 2023 - 07:37 GMT

Egypt’s President Abdel Fattah El-Sisi affirmed on Saturday that Egypt is working with each of Greece and Italy to implement electrical interconnection projects with the two European countries.

Egyptian gov’t working to ease economic crisis: Sisi at Military Academy

Sat, 19 Aug 2023 - 04:08 GMT

The Egyptian government is working on a set of measures in order to alleviate the repercussions of the economic crisis, President Abdel Fattah El-Sisi said on Saturday.

President Sisi to Egyptians: No worries about basic commodities amid economic crisis

Sat, 19 Aug 2023 - 03:33 GMT

The President added that Egypt suffers from the economic crisis, saying “we are not the cause of it.” He attributed the reasons of the crisis to the coronavirus pandemic and the ongoing Ukraine and Russian war.

Egyptian president addresses nation on economic crisis from 'Decent Life' village

Wed, 14 Jun 2023 - 12:42 GMT

President Abdel Fatah al-Sisi inspected Wednesday projects implemented within Decent Life initiative at Al Abaadeya village located in Beheira governorate.

President Sisi: Egypt seeks to mitigate impacts of economic crisis on citizens

Sat, 10 Jun 2023 - 03:58 GMT

“The reforms implemented by the state have helped the economy to be resilient despite the great impacts of the global economic crisis,” he said.

Egypt’s Economic Conference to kick off Sunday to discuss future of economy amid global crises

Sat, 22 Oct 2022 - 12:25 GMT

The Egyptian Economic Conference 2022 will kick off on Sunday to discuss the situation and future of Egypt’s economy amid consecutive economic crises across the world.

28 arrests after Venezuela looting, violence

Tue, 26 Dec 2017 - 11:10 GMT

Venezuelan authorities said on Tuesday they had arrested 28 people in southern Bolivar state for looting and disorder over Christmas in the latest unrest during a severe economic crisis.

Venezuela to donate $5 mln Harvey aid, despite cash crunch

Wed, 30 Aug 2017 - 04:50 GMT

Venezuela has offered $5 million to victims of Hurricane Harvey in the US despite a major economic crisis leaving millions short of food and medicine.

3 Gulf states withdraw deposits from Qatari banks

Wed, 28 Jun 2017 - 12:53 GMT

Qatar runs the risk of major economic catastrophe after Saudi Arabia, U.A.E. and Bahrain withdraw $16 billion of short-term deposits from Qatari banks.

Egyptian Food Bank provide 60M iftar meals in Ramadan

Tue, 23 May 2017 - 11:10 GMT

Egyptian Food Bank provide 60M iftar meals in Ramadan.