Latest in Highlight
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English dictionaries name ‘Pandemic’ as word of year
Pandemic dates to mid-1600s, used broadly for describing universal disease
People to share their ‘COVID-19 dreams’ at Museum of London
The lives of London’s inhabitants have changed “not just in the day-to-day” because of the pandemic, but also “in relation to how we sleep and dream”, the museum said.
Egypt starts 2nd phase of irregular labourers’ aid on Sunday
The financial dispersals will continue for 10 consecutive days.
Crises facing Middle East will lead to higher rates of irregular migration: Arab League
Illegal migration could also increase, alongside the accompanying risks of migrants falling into the hands of smugglers and human traffickers, which will increase the vulnerability of these groups.
EGP 7.3bn allocated to developing Egypt’s military production
Ministry of State for Military Production plans to increase ammunition, weapon, equipment manufacture
Egypt PM attends AU’s 13th extraordinary summit on AfCFTA
Madbouly participates in 2-day summit on behalf of President Al-Sisi
US Senator Ted Cruz to reintroduce bill designating Muslim Brotherhood as terrorist organisation
Cruz sponsored legislation in 2017 and in 2019 that would require the White House to decide whether Muslim Brotherhood, which is banned in Egypt, fits criteria for terrorist designation.
Egypt, UK sign deal to continue preferential trade treatment
Trade agreement highlights strength of UK-Egypt partnership, reflects shared ambition, says British Foreign Secretary Dominic Raab
Egypt’s Planning Ministry approves news funds for development projects in Siwa, Alexandria
El-Said approved a total of EGP 69.67m to reinforce the Ministry of Electricity and Renewable Energy’s plan for fiscal year (FY) 2020/21, to implement the electrical supply works for the desalination plant at Habata Airport.
Tanzania’s president picks new cabinet members
Elias John Kwandikwa appointed Minister for Defense after post had remained vacant since election of Hussein Ali Mwinyi as president of Tanzania’s Zanzibar
Ebtikar for e-payments to offer 25% stake on EGX by Q1 2021: Sources
The value and final percentage of the offering will be announced upon completion of the fair value study.
Gulf crisis approaches resolution, regional powers welcome reconciliation
Dispute parties praise Kuwait, US mediation efforts
Egypt receives $7.3bn in funds despite pandemic in 2020
Minister Al-Mashat said that the government has worked on several axes to deal with the crisis, including regional integration.
Egypt’s national AI council discusses using technology in agriculture, irrigation
The meeting reviewed Egypt’s artificial intelligence (AI) strategy, which aims to localise the technology and expand its usage to achieve development goals
Egypt’s SME development agency channels EGP 37.4m finance to Fayoum, Minya
Total of 11 contracts, worth EGP 14.9m, signed with NGOs in Fayoum, besides 17 contracts in Minya, at value of EGP 17m
South Korea praises Egypt’s economic performance amid COVID-19
Egypt’s Finance Minister emphasises improvement in Egypt-Korea economic relations over past 3 years
NCW launches new paper on legislation for protecting women from violence
NCW paper aims to shed light on the legislative framework for the current legal protection of women under the constitution and national laws
Lebanon to resort to int’l arbitration if border demarcation talks with Israel fail
Next round of indirect negotiations between Lebanon and Israel over maritime borders has been postponed following Israel’s rejection of Lebanon’s demands.
Financial position of banks in Egypt increases to EGP 6.676trn in August 2020: CBE
Volume of bank deposits records EGP 4.9trn, with credit facilities reaching EGP 2.269trn, of which 59.6% for private sector
COVID-19 crisis accelerates implementation of digital development plan: Crédit Agricole
Bank’s management has future of Egyptian banking sector in mind in line with state’s plan to digitise financial services: Country Managing Director
Security Council renews authorization for anti-piracy measures off Somalia
Piracy attacks off Somalia coast fell dramatically to just 8 in the five-year period between 2015 and 2019, down from a 2011 peak of 160 attacks
At least 25 Taliban militants killed in southern Afghanistan raid: military
ANDSF also destroyed 6 Taliban militants’ hideouts and 25 defense positions during the raid in the region 555 km southwest of Afghanistan capital Kabul.
Egypt, South Korea see $1.16m trade exchange in 9M 2020: KOTRA
KOTRA will send 10 business delegations to Egypt starting from Q2 of 2021 once COVID-19 pandemic ends