The International Monetary Fund (IMF) approved in December 2022, a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt to receive a loan of $3bn, with the agreement expected to draw in an additional $14bn in financing for the (...)
Egypt was able to recover more than 120 artefacts in 2022, according to the country's Ministry of Tourism and Antiquities.
Ahmed Issa, Minister of Tourism and Antiquities, said this was done by the Ministry of Tourism and Antiquities, in cooperation (...)
Dubai started the 2023 year by cutting off a 30% tax on alcohol sales and making liquor licences free, in an attempt to boost business and tourism.
Some Egyptians paid attention to these measures having concerns that this decision might impact Egypt (...)
The Ministry of Tourism and Antiquities has said that many major projects will be inaugurated in 2023, mainly the Grand Egyptian Museum (GEM).
So far, about 99.5% of the construction works in the GEM project was completed, including 99% of the (...)
South Korean Ambassador Hong Jin-wook met Monday with Minister of International Cooperation Rania Al-Mashat to exchange opinions regarding the bilateral development cooperation efforts this year and ways to strengthen ties in the future.
Ambassador (...)
Egypt and South Korea have endeavored to maintain close cooperative ties in a variety of sectors, such as transportation, infrastructure, business, and culture, South Korean Ambassador to Egypt, Hong Jin Wook said.
"I hope you witnessed the Pyramid (...)
Minister of Tourism and Antiquities Ahmed Issa said that a new website, called "Experience Egypt", will be launched in January 2023 for tourism promotion, as the ministry is working on developing its technological services.
His remarks came during (...)
Egyptian exports to EU doubled in 2022 compared to 2021, reaching around €8bn, compared to around €4 bn for the same period of last year — a growth of about 100% growth — while EU exports to Egypt amounted to €9.9bn, according to the EU's Ambassador (...)
Minister of Tourism and Antiquities Ahmed Issa said that his ministry spent about EGP 1.6bn on tourism promotion and aviation stimulation programmes during fiscal year (FY) 2021/22.
The Minister added that spending on aviation stimulus amounted to (...)
The Egyptian Museum in Tahrir recently handed over 176 antique coins that the Central Administration of Ports and Antiquities Units in Egyptian Ports at the Supreme Council of Antiquities managed to seize in Egyptian ports before being smuggled (...)
I think the most important outcome out of our public diplomacy was to reduce the psychological distance between our two countries regardless of the long distance between Egypt and Korea, regardless of the pandemic, which it has extended for the last (...)
Egypt has been leading the world of squash for many years now, and the Egyptian females athletes are on top of the ranking in the world, so it's kind of a natural pathway for Egypt to host the 2022 PSA Women's World Squash Championship, World Squash (...)
The world's attention turned to Sharm El-Sheikh as it hosted the 27th Conference of the Parties to the UN Framework Convention on Climate Change (COP27) on 6-18 November.
Broad international participation from around the world is expected, with more (...)
With the opening of this year's United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, the embassy of South Korea released the mascot illustration of Egypt-Korea COP27 Cooperation using friendly images of two animals which symbolise (...)
With water resources management being a top priority topic at Egypt's COP27, Antón Leis, Director of the Spanish Agency for International Development Cooperation (AECID), and Minister of Water Resources and Irrigation, Hani Sewilam, signed a letter (...)
Minister of Tourism and Antiquities Ahmed Issa said that a new promotion campaign will be launched soon, which aims to highlight Egyptian tourist destinations in a way that highlights the diversity and richness of the Egyptian tourism products that (...)
Under the title "Egypt and Its Environmental Legacy", Sharm El-Sheikh Museum in South Sinai will organize a temporary archaeological exhibition on Tuesday, 8 November, on the sidelines of the city's hosting of the 27th Conference of the Parties to (...)
Egypt celebrated on Friday the 100th anniversary of the discovery of King Tutankhamun's tomb by British archaeologist Howard Carter and his team.
Tutankhamun is considered one of the most famous pharaohs of ancient Egypt, as he ascended the throne (...)
South Korea –Despite the long distance between Egypt and South Korea, as it takes around 12 hours to fly from Egypt to South Korea, the bilateral relations in all fields are very strong.
Daily News Egypt interviewed Jung Hee-chul, Director of the (...)
With the start of the countdown to Egypt's hosting of the 27th Conference of the Parties to the United Nations Convention on Climate Change (COP27), Ahmed Issa, Minister of Tourism and Antiquities, visited Sharm El-Sheikh to inspect hotel facilities (...)
The Central Bank of Egypt (CBE) announced the complete liberalisation of the exchange rate and the adoption of a flexible exchange, raising interest rates by 2% at once, in addition to establishing the financial derivatives market.
This decision (...)
The Egyptian–Austrian relations are historically distinctive and have been strengthened in the past few years on different levels, including politics and economics. Aiming to strengthen the relations between the two countries, an Austrian delegation (...)
Over the past four decades, both Egypt and New Zealand (NZ) maintained a high level of cooperation on the military file.
NZ has been a significant member of the Multinational Force and Observers in Sinai since 1982.
Both nations are engaged in a lot (...)
Egypt and Austria enjoy fruitful cooperative relations on different levels, especially in the economy. Bilateral economic and trade relations are enhancing day by day and are regulated by a number of agreements covering all fields.
Building on this (...)
Egypt and South Korea are now at the stage of the best government-to-government cooperation of all time since the establishment of the Comprehensive Cooperative Partnership in 2016, when President Abdel Fattah Al-Sisi paid an official visit to (...)