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World - International
12/13/2021 2:18:07 PM
Vice President Kamala Harris on Monday is announcing $1.2 billion in commitments from international businesses to support the economies and social infrastructure of Central American nations, as she works to address what the White House terms the ``root causes'' of migration to the United States.

Business - Economy
12/12/2021 6:37:05 PM
Egypt’s food industry exports totalled $3.1 billion in the first nine months of 2021, up from the $2.8 billion in the same period last year, recording a 19 percent year-on-year increase and ranking third among other Egyptian sectors exporting to foreign markets, Trade and Industry Minister Nevine Gamea stated on Sunday.

Business - Markets & Companies
12/12/2021 3:34:15 PM
The board of directors of Al Ezz Dekheila Steel Company, one of the Ezz Steel companies, announced on Sunday its approval to purchase Egyptian businessman Ahmed Abu Hashima’s 18 percent stake in the Egyptian Steel Company, with a total value of EGP 2.5 billion.

Business - Markets & Companies
12/9/2021 6:50:39 PM
As real estate firms Evergrande and Kaisa default on over a billion dollars of bond repayments after weeks of uncertainty, here is an explainer on what the debt crisis in China's real estate market could mean for the country's economy

Business - Markets & Companies
12/9/2021 6:03:57 PM
State-owned company Abu Qir Fertilisers (ABUK.CA) will list an additional 10 percent of its shares — specifically 126.2 million — in the Egyptian Stock Exchange (EGX) in December with a total value of EGP 2.2 billion ($143 million), according to a letter the company submitted to the EGX on Wednesday.

Egypt - Foreign Affairs
12/8/2021 3:17:09 PM
Egyptian President Abdel-Fattah El-Sisi proposed on Wednesday launching a fund worth “billions of dollars” to support education in the countries of the Organisation of Islamic Cooperation (OIC).

World - International
12/8/2021 10:55:37 AM
A Japanese billionaire and his producer rocketed to space Wednesday as the first self-paying space tourists in more than a decade.

Egypt - Society
12/7/2021 9:24:51 PM
Egypt's government has approved a set of amendments to the country's education law whereby parents of truant students at mandatory school age could be denied public services, a cabinet statement announced following a meeting on Tuesday.

Egypt - Politics
12/7/2021 5:33:29 PM
An Egyptian delegation headed by Egypt’s Housing Minister Assem El-Gazzar and Tanzanian Energy Minister January Makamba inspected on Tuesday the $2.9 billion Julius Nyerere Hydroelectric Power Project (JNHPP) being constructed in Tanzania by an Egyptian consortium.

Business - Economy
12/7/2021 3:26:33 PM
Egypt’s net international reserves (NIRs) rose by the end of November to $40.9 billion, up from $40.8 billion in October, the Central Bank of Egypt (CBE) announced on Tuesday.

World - Region
12/7/2021 12:46:52 PM
Saudi Arabia signed deals with Oman valued at $30 billion, state media said Tuesday, as Crown Prince Mohammed bin Salman began a tour of Gulf Arab countries, including former rival Qatar.

Egypt - Politics
12/7/2021 12:03:37 PM
Egypt signed on Monday a deal worth more than EGP 3.5 billion with a US consortium that won a bid to upgrade the Tahrir Complex (Mogamma El-Tahrir), a historical asset in downtown Cairo which is currently owned by the country’s Sovereign Wealth Fund.

Business - Economy
12/6/2021 6:55:22 PM
Egypt signed development finance agreements with its development partners with a total value of $4.5 billion in 2020 and during 2021, said Minister of International Cooperation Rania Al-Mashat.

World - Region
12/6/2021 2:19:43 PM
Iran on Monday accused France of "destabilising" the Gulf region after Paris signed a record 14-billion-euro deal with the United Arab Emirates for 80 Rafale fighter jets.

World - Region
12/3/2021 4:05:36 PM
France announced the signing Friday of a 16 billion-euro ($18 billion) armaments mega-contract for the sale of 80 of its upgraded Rafale warplanes to the United Arab Emirates.

World - Africa
11/29/2021 4:45:52 PM
China's President Xi Jinping on Monday pledged to offer one billion Covid vaccine doses to Africa, in a speech made via videolink to a China-Africa summit in Senegal's capital Dakar.

Business - Economy
11/28/2021 9:22:10 PM
The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed in a statement that Egypt’s non-oil commodity exports rose by 40 percent in the first nine months of 2021 to record USD 29.7 billion, compared to the USD 21.2 billion recorded in the same period of 2020.

Business - Economy
11/24/2021 6:31:48 PM
Egypt’s exports to the COMESA member states jumped 32.4 percent during the first nine months of 2021, reaching $2.3 billion, compared to $1.7 billion during the same period in 2020, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

World - Africa
11/24/2021 2:57:11 PM
Ethiopia's Nobel Peace Prize-winning prime minister has gone to the battlefront to take charge in a yearlong war as rival fighters approach the capital, his government announced Wednesday.

World - International
11/22/2021 12:03:23 PM
The International Monetary Fund said Monday that weeks of talks with Pakistan have produced a preliminary agreement toward reviving a $6 billion economic bailout for the Islamic nation.

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