Egyptian Foreign Minister Badr Abdelatty discussed the war in Gaza and bilateral relations in separate phone calls with his Saudi and South African counterparts this week, his ministry said.
In a call on Wednesday with South African Foreign Minister (...)
Trade volume between Egypt and African Union countries reached $9.8 billion in 2024 against $9.2 billion in 2023, a 6.5 per cent increase, according to recent figures published by Egypt's state statistics agency, CAPMAS.
Egyptian exports to African (...)
Trade volume between Egypt and African Union countries reached $9.8 billion in 2024 against $9.2 billion in 2023, a 6.5 per cent increase from 2024, according to recent figures published by Egypt's state statistics agency, CAPMAS.
Egyptian exports (...)
Trade between Egypt and African Union (AU) countries reached $9.8bn in 2024, up from $9.2bn in 2023, marking a 6.5% year-on-year increase, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The announcement coincides (...)
Egypt's total trade with African Union countries reached $9.2 billion in 2023, marking a 5.7 per cent increase from the previous year's $8.7 billion, according to data from the Central Agency for Public Mobilisation and Statistics (CAPMAS).
Export (...)
The Egyptian government invested 19.8 billion Egyptian pounds in public-private partnerships (PPPs) projects last fiscal year, announced the Minister of Finance Ahmed Kouchouk on Tuesday.
These projects are focusing on sectors like solid waste (...)
div class="content user-select-text" tabindex="0" aria-description="" aria-label="Sent by Copilot: **Turkey Seeks BRICS Membership to Expand Global Influence** Turkey has formally applied to join the BRICS group of emerging-market nations, aiming to (...)
Egyptian Foreign Minister Sameh Shoukry and South African Minister of International Relations and Cooperation Naledi Pandor met on Monday during the BRICS Foreign Ministers meeting in Nizhny Novgorod, Russia, to discuss bolstering bilateral (...)
The British Egyptian Business Association (BEBA) has recently organised a breakfast briefing in honour of Nabil Fahmy, Chairman of LYNX Strategic Business Advisors and Former Minister of Foreign Affairs, at Automobile and Touring Club of (...)
The 2023 Global Firepower Military Strength Ranking lists the 145 most powerful militaries in the world. How did Africa's militaries perform?
The 10 Most Powerful Militaries In The World in 2023, include the United States on top, followed by Russia, (...)
During the US-Africa Business Forum, Visa (NYSE: V) announced on Wednesday a pledge to invest $1bn in Africa over the next five years to advance resilient, innovative, and inclusive economies across the continent.
Visa's expanded investments (...)
The Board of Directors of the Central Bank of Somalia (CBS) agreed to issue a license to Banque Misr to operate within the country.
Governor of the CBS Abdel Rahman Mohamed Abdullah said that Banque Misr will contribute significantly to (...)
The National Bank of Egypt (NBE) announced the inauguration of its subsidiary in South Sudan, NBE-Juba PLC, on Friday.
The bank was granted the required licenses from the Central Bank of Egypt (CBE) and the Bank of South Sudan (BSS) to take the (...)
The National Bank of Egypt (NBE) has inaugurated its first branch in Juba, South Sudan. The bank was launched under the name of the National Bank of Egypt Juba after the bank obtained the permission of the Central Bank of Egypt and the Central Bank (...)
The National Bank of Egypt, the country's biggest state-run lender, will be opening its first branch in Juba, South Sudan on June 28.
The new branch will be with a capital of $30 million. It is located in Juba town, next to Bank of South Sudan, said (...)
The National Bank of Egypt (NBE) will be opening its first branch in Juba, South Sudan with a capital of $30m this Tuesday.
Vice Chairperson of the NBE Yahya Aboul Fotouh said that the bank's presence in Juba achieves more cooperation and (...)
The National Bank of Egypt (NBE) subscribed to increase the capital of the African Export and Import Bank (Afrexim Bank) with a value of $326.6m, paying the required 40% at a value of $130.6m.
This comes after Afrexim Bank invited shareholders to (...)
As the only one of the three Africa largest economies (the others are Nigeria and South Africa) where GDP growth expanded strongly even at the peak of the pandemic downturn (3.3%), Egypt has become the symbol of growth resilience for the continent, (...)
Egypt's Foreign Minister Sameh Shoukry stressed his country's position on the Grand Ethiopian Renaissance Dam (GERD) issue and its interest and desire to reach a legally binding agreement, in accordance with international law and through (...)
Egypt's engineering exports surged by 45% to $3bn from January to November 2021, the highest rate in the history of the sector, compared to approximately $2.1bn in the same period last year, according to Chairperson of Engineering Export Council of (...)
Deadly twin bomb blasts in Uganda's capital Kampala earlier this week have drawn worldwide condemnation, with different capitals pledging to stand with Uganda in the fight against the resurgence of terror attacks that have regional connotations. (...)
The year 2021 marks the 26th anniversary of the diplomatic relations between Egypt and South Korea. Every year on 15 August, South Korea celebrates its National Liberation Day, but due to the novel coronavirus (COVID-19) pandemic, the celebration (...)
Ethiopian Prime Minister Abiy Ahmed visited Uganda and Rwanda following regional calls for mediation in order to bring the warring parties in Tigray to the negotiating table. Seeking regional supporters, he had already visited Turkey, South Sudan (...)
Cairo welcomed Algerian Foreign Minister Ramtane Lamamra this week, a visit that demonstrated the strong, decades-old ties between the two countries. The late leader president Gamal Abdel-Nasser supported Algeria's long, just war for independence (...)
Ethiopia has fallen far below target in its second filling of its Grand Ethiopian Renaissance Dam (GERD).
It initially announced it planned to add 13.5 billion m3 of water to the dam's reservoir. Then it halved the figure to a more conservative 6.9 (...)
