Egypt

British trade delegation explores business opportunities in Egypt

The UK Trade Envoy to Egypt, Sir Jeffrey Donaldson, arrived in Cairo on Saturday with a delegation of UK companies seeking to explore various business opportunities in Egypt, the UK’s Foreign and Commonwealth Office (FCO) announced yesterday. The delegation consists of 14 multi-sector British companies, including infrastructure, defence, healthcare and agriculture. The companies include London International Patient Services, Rolls Royce ...

Egypt’s central bank seen holding interest rates as inflation cools

CAIRO, Sept 25 (Reuters) – Egypt’s central bank is likely to keep key interest rates unchanged in its monetary policy meeting this Thursday, a Reuters poll showed, after a slide in inflation that is expected to continue in the last quarter of 2017. The Central Bank of Egypt (CBE) has raised interest rates by 700 basis points since it floated ...

Egypt calls on UK to lift ban on flights to Sharm El Sheikh

egypt has renewed calls for the government to lift its ban on British flights to the tourist resort of Sharm El Sheikh, claiming it is causing serious hardship for businesses and employees. Downing Street imposed a blanket ban on all British flights to Sharm after a Russian charter jet crashed in the Sinai Desert with the loss of 224 lives ...

Egypt: The Economy Is Gathering Strength

“The Egyptian authorities have embarked on an ambitious reform program and have taken decisive measures aimed at restoring macroeconomic stability and sustainable public finances. At the same time, by strengthening social protection measures, they have sought to protect the most vulnerable. We have seen that economic activity has been gathering strength and efforts at reining in the budget deficit have ...

Egypt’s Sisi on Qatar: It’s time to confront supporters of terrorism

Egyptian President Abdel-Fattah al-Sisi who is in New York for the UN General Assembly session said the time has come to efficiently confront parties that support terrorism and get them to bear their responsibility. He specifically addressed Qatar and said it must respond to the four boycotting countries’ demands to show that it does not aim to harm Arab countries’ ...

Egypt says it will host ‘reorganization’ of Libyan army

Egypt said Tuesday it will host the “reorganization” of Libya’s army, currently an eastern-based force led by Gen. Khalifa Hifter. A statement signed by the Egyptian Committee on Libya said that Libyan military officers who met in Cairo recently chose Egypt as a starting point for plans to unify the army. The group, chaired by Egypt’s chief of staff, Lt. Gen. Mahmoud ...

Anything but typical, Dwight Powell’s vacation took him to Egypt

On a cool, crisp night in the Sahara Desert, miles from civilization, Dwight Powell heard footsteps. Not human footsteps. Might have been a jackal or a hedgehog. And even though the fourth-year Mavericks player is 6-11 and powerfully built, he was in no hurry to find out what critters might be scurrying about. Better to curl up in the sleeping ...

In inflation-hit Egypt, Eid sacrifices are a luxury

The cattle traders in the Ashmun market, north of the capital Cairo, jostled to lure customers into buying a buffalo or a sheep for Eid al-Adha, the annual Muslim holiday when custom requires a sacrifice. But this year, with inflation in Egypt hitting record highs, customers seemed more interested in gawking at the cattle than buying any ahead of Friday, ...

Analysis Egypt’s ‘Newspeak’ Masks Public’s Perception of Israel

Ahmed Kahwaji is a teaching assistant at Alexandria University and a doctoral student at the University of Poitiers in France. He also periodically contributes to the Egyptian website Mada Masr, whose op-eds tread the fine line between the permitted and the forbidden. His latest article, “The Egyptian ‘1984’: A war on words,” is about the newspeak that has taken over ...

Egypt reopens cave museum after 10 years

The Egyptian Ministry of Antiquities reopened the Rommel Cave Museum in the country’s seaside Matrouh province after a 10-year closure for restoration. The event on Friday was attended by Antiquities Minister Khaled al-Anany, reports Xinhua news agency. Rommel Cave is a natural cave cut in a rocky cliff since the Roman times with an entrance and exit on the Mediterranean. ...

- - DCM - - - - - - - - - 00:00:00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - AU 0 - - - - -