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Egypt - Urban & Transport
8/6/2022 2:55:30 PM
A record of 89 ships carrying a total net tonnage of 5.2 million tons passed through Egypt's Suez Canal in both directions on Saturday, the highest daily traffic rate in the international waterway's history, stated Suez Canal Authority (SCA) Chairman Osama Rabie.

Egypt - Politics
8/3/2022 11:12:30 PM
Egypt’s President Abdel-Fattah El-Sisi ordered on Wednesday allocating an additional EGP 1 billion in government support to the National Alliance for Civil Development Work (NACDW), raising the total funding provided by the state to the alliance to EGP 10 billion.

Business - Economy
8/1/2022 3:07:54 PM
Egypt ranked third among Arab countries in terms of foreign direct investment (FDI) inflows in 2021 with $5.4 billion. The sum represents 16.4 percent of total FDI inflows to the region.

Business - Economy
7/28/2022 9:35:39 PM
ADNOC Distribution, the UAE’S largest fuel and retail distributor, signed on Thursday an agreement to acquire an over 50 percent stake in TotalEnergies Egypt in a deal worth $186 million, with an additional earn-out of up to $17.3 million.

Egypt - Health
7/28/2022 8:40:56 PM
Egypt recorded a daily average of 177 coronavirus cases over the past week (19-27 July), with 12 deaths total recorded over the same period, Acting Minister of Health and Population Khaled Abdel-Ghaffar said on Thursday.

Business - Energy
7/25/2022 10:53:52 PM
Egypt is at the top of the Arab region’s countries in combined utility-scale solar and wind generation at 3.5 GW in total, the Egyptian Cabinet said on Monday, citing a June report by the US-based Global Energy Monitor (GEM).

Egypt - Health
7/20/2022 6:28:01 PM
A total of 38 million Egyptians have been fully vaccinated against coronavirus, Health Spokesman of the Egyptian Ministry of Health Hossam Abdel-Ghaffar told Ahram Online on Wednesday.

World - Region
7/18/2022 5:46:01 PM
French President Emmanuel Macron is hosting the leader of the United Arab Emirates on Monday to ensure energy supplies from the oil-rich Gulf country as Europe prepares for the possibility of a total cutoff of Russian natural gas in retaliation for sanctions over the war in Ukraine.

World - Africa
7/15/2022 3:14:01 PM
A total of 44 West African migrants seeking to reach Libya have been rescued in the desert in northern Niger, the United Nations said Thursday.

World - Africa
6/26/2022 12:43:37 PM
The heavily armed men appeared around the small farming village in Ethiopia's Oromia region, frightening residents already on edge after recent clashes between government troops and rebels.

World - Region
6/21/2022 3:49:11 PM
ConocoPhillips on Monday became the first US energy giant to sign up to help Qatar's massive natural gas expansion that has drawn global bidders anxious to assure new supplies.

Business - Markets & Companies
6/19/2022 3:01:58 PM
Cairo-based start-up Beyooot, an e-commerce platform specialised in home and office furniture, has announced its official launch in Egypt with a total capital of EGP 5 million.

Business - Economy
6/15/2022 10:29:04 PM
Aman for Microfinance, a subsidiary of Aman Group owned by Raya Holdings and the National Bank of Egypt, launched a new investment fund on Wednesday titled Aman Youm-B-Youm (Day by Day) with a total investment value of EGP 100 million, EGP 25 million of which are for the subscription phase.

World - Africa
6/13/2022 6:57:12 PM
French troops were on Monday handing back a military base in northeastern Mali ahead of a final withdrawal from the Sahel nation, France's army said, after nine years fighting a jihadist insurgency.

World - Region
6/12/2022 2:56:14 PM
Qatar on Sunday named France's TotalEnergies as its first foreign partner to develop the world's largest natural gas field and eventually help ease Europe's energy fears.

Business - Energy
6/1/2022 4:30:51 PM
The Suez Canal Economic Zone (SCZONE) and German energy storage firm H2 Industries signed on Wednesday a Memorandum of Understanding (MoU) to build the first waste-to-hydrogen plant in the zone, with total investments amounting to $4 billion.

Business - Economy
5/27/2022 6:27:35 PM
The African Development Bank (AfDB) has launched the Africa Circular Economy Facility (ACEF) at a total value of €4 billion in collaboration with the Finnish government, said Kariuki Kevin Kanina, the bank’s Vice President for Climate Action.

Business - Economy
5/26/2022 8:52:10 PM
Egypt's cabinet said on Thursday that work is underway to establish 14 additional seawater desalination plants to increase the total production capacity of such projects to 1.4 million cubic metres per day.

War in Ukraine - Military
5/19/2022 10:01:07 PM
Hundreds more Ukrainian fighters who made their stand inside Mariupol's bombed-out steel plant surrendered, bringing the total to over 1,700, Russia said Thursday, amid international fears about the fate of the prisoners in Moscow's hands.

Business - Economy
5/12/2022 4:00:31 PM
On 1 July, Egypt’s FY 2022/23 budget will be rolled out with a total value of EGP 9.2 trillion, the highest in the country’s history, growing by 16.3 percent compared to the current FY 2021/22 budget.

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