Egypt's Health Minister reviews upgrades at Gustave Roussy Hospital    Giza Pyramids' interior lighting updated with new LED system    Suez Canal Bank partners with CRIF Egypt to advance sustainability through Synesgy    Russia hits Ukraine with huge barrage as first Australian tanks arrive    Russia unveils 'Kinzhal' interceptor drone to counter low-altitude threats    Lebanon's PM says US proposal includes full Israeli withdrawal, state control of arms    Saib reopens Mansoura branch after comprehensive renovation    ABE signs cooperation protocol to finance beneficiaries of state-owned lands in Minya    Sandoz Egypt introduces OMNITROPE 15mg biosimilar growth hormone for the treatment of short stature    Egypt After 2025: Navigating a Critical Inflection Point    Egypt's EHA, Huawei discuss enhanced digital health    Spot Gold, futures slips on Thursday, July 17th    Egypt, Oman discuss environmental cooperation    Egypt expresses condolences to Iraq over fire tragedy    Egyptian, Belarusian officials discuss drug registration, market access    Sri Lanka's expat remittances up in June '25    Egypt's Health Min. discusses drug localisation with Sandoz    EU–US trade talks enter 'decisive phase', German politician says    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Doaa A Moneim
Egypt sells $3 bln US-dollar dominated eurobonds
Egypt issued on Thursday US-dollar dominated eurobonds in three types with a total amount of about $3 billion, the Ministry of Finance announced on Friday. Eurobonds issuance is one of the debt instruments the country resorts to in order to finance (...)

24 - 09 - 2021
Huawei Technologies has invested $10 mln over 5 years in innovation centres in Egypt
Huawei Technologies has invested about $10 million over the past five years to set up three innovation centres in Cairo, according to Vice President of Global Communications at Huawei Technologies Karl Song. Song's comments came in response to a (...)

23 - 09 - 2021
GERD talks likely to resume
Following last week's UN Security Council (UNSC) statement urging Egypt, Ethiopia, and Sudan to resume negotiations on the Grand Ethiopian Renaissance Dam (GERD) under the auspices of the African Union (AU), Christophe Lutundula, the foreign (...)

21 - 09 - 2021
Global institution leaders discuss with vaccines manufacturers accelerating production, distribution
The heads of the International Monetary Fund (IMF), World Bank Group (WBG), World Health Organization (WHO) and World Trade Organisation (WTO) met with the CEOs of leading vaccine manufacturing companies to discuss strategies to improve the access (...)

16 - 09 - 2021
Central Bank of Egypt leaves interest rates on hold
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has maintained the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25 percent, and 8.75 percent, respectively. The (...)

16 - 09 - 2021
Monetary Policy Committee of Egypt's CBE to review interest rates on Thursday
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will convene on Thursday to review the key interest rates for the sixth time in 2021. In the last meeting — held on 5 August — the MPC decided to maintain the CBE's current (...)

15 - 09 - 2021
Egyptian expats' remittances hike to all-time high of $31.4 bln in FY 2020/21: CBE
Egyptian expats' remittances jumped to an unprecedented rate of 13.2 percent in FY 2020/2021 to post $31.4 billion, up from $27.8 billion in FY 2019/2020, the Central Bank of Egypt (CBE) announced on Wednesday. CBE data showed that Egyptian expats' (...)

15 - 09 - 2021
Universal values
Egypt launched its new National Strategy for Human Rights earlier this week from the New Administrative Capital. The strategy will run until 2026 and address civilian and political rights; economic, social and cultural rights; the rights of (...)

14 - 09 - 2021
Forum cooperation on SDGs
Green recovery, securing development finance, and mobilising international efforts to achieve the UN Sustainable Development Goals (SDGs) while recovering from the repercussions of the Covid-19 pandemic were the main topics at the two-day (...)

14 - 09 - 2021
World Bank's IFC grants BCI Holding $30 mln loan to expand business in three MEA countries, including Egypt
The International Financial Corporation (IFC), a member of the World Bank Group, announced on Tuesday that it has provided the UAE-based BCI Holding SA Group — a leading regional manufacturer and distributor of polyurethane (PU) raw materials, (...)

07 - 09 - 2021
Egyptian-Cypriot commitments
On Saturday a summit between Egypt's President Abdel-Fattah Al-Sisi and his Cypriot counterparty Nicos Anastasiades gave a boost to Egyptian-Cypriot relations as well as their ties with Greece in preparation for next month's three-pronged (...)

07 - 09 - 2021
Egypt-Turkey: Testing the waters
The second round of exploratory talks between Egypt and Turkey took off in Ankara on Tuesday amid low expectations that it would lead to a breakthrough in relations between the two countries. Relations between the two have been tense since 2013 over (...)

07 - 09 - 2021
CBE's Tarek Amer among best 10 central bank governors globally: Global Finance
The Global Finance magazine has chosen the Governor of the Central Bank of Egypt (CBE) Tarek Amer as among the top-ten central banks' governors list for 2021, awarding him "A" grade. The list contains the central bank governors who earned "A" or (...)

05 - 09 - 2021
Planning, petroleum ministries sign protocol to link Decent Life Initiative's villages to natural gas grids
The Ministry of Planning and Economic Development and the Ministry of Petroleum and Mineral Resources have inked a cooperation protocol concerning financing the implementation of natural gas grid projects in accordance with the Decent Life (...)

01 - 09 - 2021
Preparing for the ICF
As the world deals with the repercussions of two years of the Covid-19 pandemic that have slowed down efforts to meet the 17 UN Sustainable Development Goals (SDGs) that are slated to be reached by 2030, Egypt's Ministry of International Cooperation (...)

31 - 08 - 2021
Egypt plans to raise the Suez Canal's revenues to EGP 99.3 bln in FY2021/22: Planning minister
Egypt plans to raise the Suez Canal's contribution to the GDP in the current FY2021/2022 by 5.6 percent so that it may reach EGP 99.3 billion (in fixed prices), up from EGP 93.9 billion in FY2020/2021, Minister of Planning and Economic Development (...)

29 - 08 - 2021
Egypt to launch International Cooperation Forum under patronage of President Sisi
Egypt's Ministry of International Cooperation has announced that it will launch the 'Egypt - International Cooperation Forum (ICF): Engaging for Impact' on 8 September over two days, under the patronage of President Abdel-Fattah El-Sisi, with (...)

25 - 08 - 2021
Peace projects in Africa
The Arab Contractors, working in cooperation with El-Sewedy Electric company, successfully installed the first turbine in the Julius Nyerere Hydropower Station and Dam project in Tanzania last week. The $2.9 billion project, a partnership between (...)

24 - 08 - 2021
Connecting continents
The Africa Singapore Business Forum (ASBF), a platform for business exchange and boosting trade between Africa and Asia, kicked off on Monday for its sixth edition and is scheduled to conclude on 27 August. Organised by Enterprise Singapore, a (...)

24 - 08 - 2021
Egypt to receive €151.5 mln fund from Germany to finance 15 projects in 8 sectors
Germany is set to allocate soft development funds to the tune of €151.5 million to finance 15 development projects in eight sectors in Egypt, the Ministry of International Cooperation announced on Wednesday. The sectors are technical education, (...)

18 - 08 - 2021
Egypt's international cooperation minister, Japanese ambassador discuss future development projects
Egypt's Minister of International Cooperation Rania Al-Mashat met on Sunday with Japanese Ambassador to Egypt Masaki Noke to discuss Egyptian-Japanese economic relations and future development cooperation projects. The meeting came as part of (...)

15 - 08 - 2021
Egypt's banks 'comfortable'
In an interview with Al-Ahram Weekly, director of financial institutions at the international ratings agency Fitch Ratings Zeinab Abdallah described the operating environment of Egypt's banks, explaining why the agency has upgraded its outlook for (...)

10 - 08 - 2021
WBG extends $84.3 bln in finance support globally in FY2021 in response to pandemic
The World Bank Group (WBG) has extended finance support worth $84.3 billion in fiscal year (FY) 2021, 15 percent higher than FY2020, in response to the COVID-19 pandemic and its related repercussions. In its report on FY2021 (1 July 2020 to 30 June (...)

10 - 08 - 2021
Egypt, Japan ink $19 mln agreement to expand Abu Al-Rish Children's Hospital
Egypt's Minister of International Cooperation Rania Al-Mashat along with Minister of Higher Education and Scientific Research Khaled Abdel-Ghaffar signed an agreement with the Japanese Embassy and the Japan International Cooperation Agency (JICA) (...)

05 - 08 - 2021
Egypt CBE keeps current interest rates unchanged for sixth time in a row
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to maintain interest rates for the sixth time in a row since December 2020. It decided to keep the overnight deposit rate, overnight lending rate and the rate of the main (...)

05 - 08 - 2021
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