In an ambitious bid to boost its financial standing, the Egyptian government is poised to secure $5 billion through the initial public offerings (IPOs) of state-owned enterprises and power plants. The initiative, set to run...
Tag : Egypt
Egypt is aggressively expanding its natural gas exploration activities, earmarking a robust $1.9 billion for drilling 45 new exploratory wells in the Mediterranean and Nile Delta regions by mid-2025, the Cabinet confirmed in a statement...
During a special visit to the historic city of El Alamein, President Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates and Egyptian President Abdel Fattah El-Sisi convened to discuss the strengthening of...
In a diplomatic move towards the cause of Middle East peace, Egyptian President, Abdel Fattah El-Sisi, convened with his Palestinian counterpart, Mahmoud Abbas, during the latter’s official visit to Egypt on July 31st, 2023. Cairo...
Egypt’s economy has demonstrated significant resilience and growth, as indicated by a marked reduction of 61.2% in its current account deficit, down to just US$ 5.3 billion. This figure, reported in the Central Bank of...
The Arab Federation of Bodybuilding and Fitness (AFBB) has officially announced that the highly anticipated Arab Bodybuilding Championship has been rescheduled to take place from November 17 to 20 in Egypt. This decision comes after...
Archaeologists from the National Museum of Antiquities in Leiden (RMO) and the Egyptian Museum in Turin (Museo Egizio) have uncovered the remains of Panehsy’s tomb and several smaller chapels at Egypt’s Saqqara Necropolis, according to...
During the third meeting of the Industrial Partnership for Sustainable Economic Development’s Higher Committee, companies from the UAE, Egypt, Jordan and Bahrain signed industrial agreements worth more than $2 billion. Dr Sultan bin Ahmed Al...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday held a fraternal consultative meeting with leaders of a number of brotherly countries. His Highness Sheikh Mohamed held the meeting with Sultan Haitham bin...
During his official visit to Egypt, Major General Dr. Mubarak Saeed bin Ghafan Al Jabri, Assistant Under-Secretary for Support and Defence Industries at the UAE Ministry of Defence, met with Major General Kamal Wafaa Radwan,...