Egypt Prime Minister inspects ongoing projects at New Alamein City
Prime Minister inspected a number of ongoing projects in New Alamein City, including five new beach towers, and a road leading up to them.
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Egypt places great importance on combating human trafficking: Prime Minister
The international awareness day is held on 30 July every year. Egypt’s National Coordinating Committee for Combating and Preventing Illegal Migration and Trafficking in Persons has marked the day with a range of activities as part of the country’s efforts to support human rights issues.
GPC sets record for highest crude oil production levels in its history
Minister of Petroleum and Mineral Resources, Tarek El-Molla, said that the company’s record production achievement reflects its success in implementing an integrated work plan at its various field sites.
38,000 COVID-19 home-isolation patients in Egypt receive treatment bags since May
A total of 36,567 of patients in home-isolation are adults, 1,761 patients are paediatric cases
Jordan to hold parliamentary elections on 10 November
The election will be held at a time when the country is grappling with a severe economic contraction due to the novel coronavirus (COVID-19) pandemic. Jordan is also facing heightened worries on a potential unilateral Israeli move to annex territory in the occupied West Bank.
Gama Construction establishes textile factory in Rubiky complex
Company is currently constructing factory in Al-Mahalla Al-Kubra, projected to be largest spinning facility in the world
Egypt, AMF sign $639m loan to support financial sector reform
WAM reported, on Wednesday, that the loan agreement was signed last week, and aims to support reform efforts and measures taken to help limit the economic and financial repercussions of the global pandemic.
Egypt to resume Art Jameel programme supporting traditional arts and heritage
The programme was launched in 2009, by the Cultural Development Fund of Egypt and The Prince’s School of Traditional Arts in London, as a centre for the study of traditional arts and the preservation of heritage.
Health Minister briefs cabinet on Egypt’s COVID-19 situation
Egypt is currently one of Middle East countries with lowest coronavirus cases
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Video: Kaaba Kiswah production in Egypt
Ahmed Shawky Othman Al Qasbaji is the grandson of first Kaaba Kiswah maker in Egypt. The Kiswah used to be made annually at the hands of 10 people before the pilgrimage season.
Muslims residing in Saudi Arabia begin scaled-back Hajj pilgrimage
Small number of Muslims taking part in this year’s Hajj, usually one of world’s biggest religious gatherings
OBG lauds Egypt’s IT infrastructure, global footprint in outsourcing industry
The budding segment has been supported by the government, which offers financial incentives to outsourcing companies. The Egyptian government has also invested in the necessary telecommunications infrastructure upgrades to support BPO, such as 4G and fibre-optic cable networks, OBG noted.
Planning Minister, WB discuss Upper Egypt development programme updates
Egypt prioritises support for employees who are at high risk due to COVID-19, says El-Said
Egypt finalises 12 gas exploration agreements: Petroleum Minister
Country’s arrears to foreign oil companies down to $850m in June, despite COVID-19, says El-Molla
Despite COVID-19, Egypt’s budget deficit drops to 7.8% in FY 2019/20
Minister of Finance Mohamed Maait said the country had achieved a primary surplus of 1.8% of GDP during the fiscal year. He added that this was “a very good result amid the exceptional circumstances of the novel coronavirus (COVID-19) pandemic.”
NSB Board of Directors discuss restructure, development plans
El-Kabbaj said the meeting dealt with a range of topics, including the restructuring of the Board of Directors to include a select group of experts in economics, Islamic finance, banking, and the legal sector
About 1,750 Africans die during illegal migration attempts in 2018-2019: UNHCR
During migration attempts, at least 72% of African migrants die every month, making the routes across the continent some of the most deadly for refugees and migrants in the world, the UNHCR added.
Egypt welcomes Saudi proposal accelerating Riyadh Agreement in Yemen
Power-sharing deal between government and STC targets political solution in Yemen
Egypt sees 36.2% decrease in May trade deficit: CAPMAS
The report, issued on Wednesday, noted that the country’s trade deficit stood at $2.59bn during May 2020, down the $4.05bn in May 2019
EFG Hermes concludes advisory role in $50m sale of Fawry shares
EFG Hermes acted as sole bookrunner of the Fawry shares transaction on behalf of the selling shareholders
Health Ministry denies conducting clinical trials without informed consent
Egypt reports 465 new coronavirus cases raising total to 92,947
Egypt prefers negotiations over military route to resolve Nile dam crisis: Al-Sisi
The President added, “Justice relating to the water issue was proven by the Ancient Egyptian civilisation, which was founded on the waters of the River Nile.”
Egypt announces new archaeological discovery from Ramses II era
In a statement, the Supreme Council of Antiquities announced that a number of carved stone blocks and statues were discovered during excavations 2km southeast of Memphis, in the modern day area of Mit Rahina, in Giza.
54 million children worldwide risk malnourishment due to COVID-19: UNICEF
UNICEF has defined wasting as a life-threatening form of malnutrition, causing weakness and thinness in children, putting them at greater risk of dying, poor growth, development and learning.
Hilton Cairo Zamalek offers discounts for residents of district’s damaged building
Two buildings in the Zamalek district of Cairo were severely damaged two days ago, due to recent work on the Cairo Metro’s Line 3 extension
Egypt’s account deficit declines 39.2% in Q1 of 2020
The improvement comes despite the uncertainty in the global economy which has resulted from the spread of the novel coronavirus (COVID-19) pandemic.
BP Egypt confirms successful well test at Bashrush discovery
The test was the latest activity in the ongoing appraisal programme at the Bashrush discovery, located in the Nile Delta’s North El Hammad concession area. The well test delivered up to 32 MMscf of gas, with a production estimate of up to 100 MMscf of gas and 800 barrels of condensate per day.
Egypt grants EGP 17.47bn in micro-loans until April
Commercial activity represents 61.25% of total financing
Egypt, China discuss cooperation in electric vehicle production
During the meeting, Tawfik stressed the strong, historic relations Egypt and China have enjoyed, which have witnessed remarkable growth in the past few years.
Mohamed Mashally, hailed as ‘poor man’s doctor’, dies at 76
Al-Azhar Grand Imam mourns late doctor, praising him as symbol of humanity