Egypt partners with Google to promote 'unmatched diversity' tourism campaign    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    World Bank: Global commodity prices to fall 17% by '26    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    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 Ahmed Farahat Hisham Salah
Egypt to receive 2nd tranche of IMF loan by June: El-Garhy
Minister of Finance Amr El-Garhy said that Egypt would receive the second tranche of the International Monetary Fund's (IMF) loan by the second half of June, worth $1.25bn. The total amount of the loan is $12bn. The minister added, during a meeting (...)

07 - 05 - 2017
Nasr signs 4 agreements with AFD worth €259m
Minister of Investment and International Cooperation Sahar Nasr signed 4 agreements with the director of operations of the Agence Française de Développement (AFD), Laurence Breton-Moyet, which provide support for the sectors of energy, sanitation, (...)

27 - 03 - 2017
The government aims to raise FDI to $10bn next year: Nasr
During a conference held on Tuesday, Minister of Investment and International Cooperation Sahar Nasr said that the government is working to raise the rate of foreign direct investments (FDI) to more than $10bn in the next year. Nasr added in the (...)

21 - 03 - 2017
Thomas Cook to book flights to Sharm El-Sheikh in November
Thomas Cook said it will fly several trips to Sharm El-Sheikh starting November. On its website, the company noted that the British Foreign and Commonwealth Office (FCO) still has a ban on flights to Sharm El-Sheikh, adding that if the travel (...)

16 - 03 - 2017
Afreximbank secures $1 billion facility for Egyptian institutions
The African Export-Import Bank (Afreximbank) has secured more than $1 billion worth of indirect credit facilities for Egyptian institutions, a source with knowledge in the bank said Monday. The facilities are in form of letters of guarantee and (...)

27 - 02 - 2017
Afreximbank considers new loans to Egypt
The African Export-Import Bank (Afreximbank) is studying a number of loans for Egyptian investors as well as banks and financial institutions in the country worth $1.2 billion and $500 million, respectively. Heba Abu El Ezz, Manager of Banking (...)

25 - 02 - 2017
EGP 10m grant from AFDB for developing Ashwa'yat
Minister of International Cooperation Sahar Nasr has signed an agreement with Leila Al-Mokaddem, the resident representative of The African Development Bank (AFDB), to provide a grant worth EGP 10m, allocated for developing ashwa'yat (informal (...)

12 - 02 - 2017
The government will not issue new bonds in FY2016/17: Ministry of Finance
Deputy minister of finance for monetary policies Ahmed Kojak said that the ministry is not going to issue any other treasury bonds in the current fiscal year (FY) 2016/2017. He stated that the financial gap of the current FY is already covered, (...)

31 - 01 - 2017
Afreximbank to sign $500mn credit lines for Egypt SMEs in two weeks
The African Export-Import Bank (Afreximbank) plans to sign $500 million credit line contracts with two state-owned banks from Egypt within two weeks, a source with knowledge in Afreximbank said Tuesday. The credit lines will go for financing small (...)

24 - 01 - 2017
Afreximbank studies $1 billion finances for Egypt oil, SME sectors
The African Export-Import Bank (Afreximbank) is studying a new financing programme worth $1 billion with Egypt before the end of 2016, said executive vice-president for business development & corporate banking on Sunday. The money is to support a (...)

27 - 11 - 2016
Singaporean firm to discuss building Fayoum industrial zone in weeks
A delegation of Singapore-based firm is scheduled to visit Egypt within the coming two weeks to discuss steps of developing 33 million square metres in Fayoum governorate. Advisor to Minister of Industry and Trade, Yasser El Maghraby told Amwal Al (...)

16 - 11 - 2016
Damietta Furniture City phase I to be finished in 9 months: official
Egypt's Ministry of Industry is scheduled to finish the first phase of Damietta Furniture City within upcoming nine months. Advisor to Minister of Industry and Trade, Yasser El Maghraby stated Tuesday that the ministry started launching steel and (...)

15 - 11 - 2016
Egypt's Rural Development in talks with CBE on funding 1.5M feddans project
The Egyptian Rural Development Company is in talks with state's Central Bank (CBE) and a number of banks over financing small investors and farmers among the 1.5 Million Feddans project. During his speech at the second Egypt Mega Projects conference (...)

15 - 11 - 2016
3 funding protocols signed for Egypt's Al-Robeky, Mirghem mega projects
Egyptian Industry Ministry signs three cooperation protocols Sunday on providing a bunch of soft funding for small-sized enterprises at Al-Robeky zone for leather tanneries and Mirghem plastics city in Alexandria. The protocols would be signed (...)

30 - 10 - 2016
Auto maker Ghabbour Auto plans investing $281mn in Egyptian market
Egyptian automotives maker Ghabbour Auto Group (GB Auto) intends to injects new investments worth 2.5 billion Egyptian pounds (US$281 million) into the local market within the coming period. Chairman Raouf Ghabbour stated Monday that the new (...)

19 - 07 - 2016
Saudi firm to develop 5Km in Suez Canal region
Egyptian General Authority for Suez Canal Economic Zone has received an offer from one of the Saudi firms to develop 5 Km in Ain Sukhna in Suez Canal region within the upcoming period. Speaking to Amwal Al Ghad, authority's Chairman Ahmed Darwish (...)

01 - 02 - 2016
Egypt's Oriental Weavers eyes US$721mln-exports end 2015
Egypt's leading carpet manufacturer Oriental Weavers Group eyes achieving exports volume of EGP5.5 billion (US$ 721 million) at the end of 2015, Mohamed Farid Khamis- Founder- said on Wednesday. The Egyptian tycoon noted that the group aims at (...)

10 - 06 - 2015
Egypt seeks launching $655mln-Fund to finance Infrastructure Projects
Egyptian Cabinet is studying creating governmental fund with capital worth EGP 5 billion (US$ 654.9 million) to develop state's infrastructure, Ashraf El Araby - minister of planning- asserted on Wednesday. The minister added that the fund will (...)

10 - 06 - 2015
17 African States join COMESA-EAC-SADC's Pre-launch Meeting
17 African countries have participated in the first day of COMESA -EAC-SADC Tripartite Summit, Saeed Abdullah-head of trade agreements and foreign trade sectors- asserted Monday. Abdullah made these remarks on the sidelines of summit's second (...)

08 - 06 - 2015
Mutual Trade between Africa's Top Economic Blocks hits $90 bln in 2014
The total volume of mutual trade between the members of Africa's top economic blocks; COMESA, SADC, and EAC, has recorded US$ 89.6 billion in 2014, a report revealed on Monday. The report, released by Egypt's Industry Ministry, showed that the (...)

08 - 06 - 2015
Egypt's Industry seeks Supreme Council to supervise Egyptian-African Ties
Egypt's Industry ministry has suggested establishing a supreme council to supervise the Egyptian -African relations, a source in the ministry told Amwal Al Ghad on Monday. This step comes within the frameworks of the general plan outlined by the (...)

08 - 06 - 2015
Egypt's CBE eyes activating COMESA's Regional Payment and Settlement System
Egyptian Central Bank (CBE) is currently studying the activation of COMESA's Regional Payment and Settlement System (REPSS), a high-profile governmental source told Amwal Al Ghad Monday. The source stated that CBE is studying the legal procedures (...)

08 - 06 - 2015
COMESA -EAC-SADC Tripartite Summit kicks off Today in Egypt
The Eighth Meeting of the COMESA-EAC-SADC Tripartite summit starts on Sunday in the presence of top leaders of 26 African states. The meeting is hosted by Egypt in Sharm El Sheikh from June7 till June 10, 2015. The meeting will witness signing the (...)

07 - 06 - 2015
Commentary: Syria's uprising and the world
The international community must put pressure on Syria to join the Arab Spring, writes Hisham Ahmed As many people may already know, the English meaning of the Arabic word Al-Assad is Lion. In the jungle, the lion is viewed as the king, as he is (...)

01 - 03 - 2012
Egypt Press – June 8
The focus of most newspapers issued today was the trial of the officers responsible for the killing of protestors during the 25 January Revolution and Minister of the Interior Mansour el Essawy's decision to have them transferred to the ministry's (...)

08 - 06 - 2011
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