Tag Archives: Egypt

The Elephant in The Room: What is behind the stalled GERD negotiation and how should it move forward? COMMENT | DR TIRUSEW ASEFA | Every roadblock in the tripartite negotiation between Egypt, Ethiopia, and the Sudan leads to one issue: Nile water use allocation. Both Egypt and Sudan are adamant …

A booming startup ecosystem, industrial parks and port development are lifting Egypt’s investment attractiveness and global development rankings Cairo, Egypt | BIRD AGENCY |  Egypt has edged out Turkey from the list of the world’s top ten largest domestic logistics markets, a new Index shows. A vibrant and fast-growing start-up …

Cairo, Egypt | Xinhua | Fomer Egyptian Prime Minister Sherif Ismail died on Saturday at the age of 67, Egypt’s official news agency MENA reported. Ismail had a disease in the digestive system, according to earlier official media reports. Ismail served as the country’s prime minister between 2015 and 2018. He was …

Cairo, Egypt | XINHUA |  An ancient royal tomb was unearthed at the Western Wadis (Valleys) of the Theban Necropolis on the west bank of Nile River in the southern Egyptian city of Luxor, said the Egyptian Ministry of Tourism and Antiquities on Saturday. The tomb, unveiled by a joint …

Cairo, Egypt | Xinhua |  The Egyptian pound further declined against the U.S. dollar on Wednesday, plunging to below 31 pounds to the dollar before settling at 29.7 in the afternoon. The Egyptian local currency has lost about half of its value since March 2022, when a dollar was worth …

Port Said, Egypt | Xinhua | With a crew of nearly 350 volunteers of more than 60 nationalities, Logos Hope ship is currently docked at Port Said, a major seaport in the Mediterranean Sea in northeastern Egypt, holding the world’s largest floating book fair as part of its humanitarian mission to spread …

Cairo, Egypt | Xinhua | The International Monetary Fund (IMF) said on Friday that its executive board had approved a loan to Egypt of about 3 billion U.S. dollars over 46 months. The decision enables an immediate disbursement of about 347 million dollars to Egypt, “which will help meet the balance of …

Sharm El-Sheikh, Egypt | Xinhua | The 27th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP27) opened on Sunday in Egypt’s coastal city of Sharm El-Sheikh in hopes to turn global climate finance pledges into action. During his speech at the opening ceremony, Egyptian …

Cairo, Egypt | Xinhua | Egypt is counting on the upcoming 27th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP27) to obligate developed countries to honor their commitments to finance climate change projects and mitigate the effects of harmful climate changes, a COP official …

Cairo, Egypt | XINHUA | Egypt on Friday organized events to celebrate the centennial of the discovery of King Tutankhamun’s tomb in 1922. Tutankhamun, who ascended the throne at the age of nine and died at 19, is the world’s best-known pharaoh of ancient Egypt. The young king ruled from …