Saturday 24 February 2018 \



UAE to provide Egypt with $8.7 bln petroleum products

Source : / 01 Sep 2014

The United Arab Emirates will provide Egypt with petroleum products worth $8.7 billion over a year starting in September, an Egyptian official told Reuters on Sunday, Reuters reported.


Russia, Egypt looking to create a free trade zone - Putin

Source : RT / 13 Aug 2014

Egypt and the countries of the Customs Union are looking into creating a free trade zone, Russian President Vladimir Putin said after meeting with his Egyptian counterpart Abdel Fattah al-Sisi at the Black Sea city of Sochi.


Egypt's government raises fuel prices dramatically

Source : 05 Jul 2014

Egypt's government raised the prices of fuel by up to 78 percent starting Saturday, following on a promise to cut subsidies that eat up nearly a quarter of the state budget, the official news agency reported.


Cairo Library launches a campaign to save heritage

Source : DailyNewsEgypt / 02 May 2014

Given the current state of Islamic monuments in Egypt, the Cairo Library decided to launch a campaign to try to bring awareness to the negligence monuments in historic Cairo suffer from.  The campaign is headed by architect Dr Galila AlQady, novelist Gamal AlGhitany, and Amina Abdel Bar who is a PhD candidate and a member of the Save Cairo campaign.


Uganda partners with Egypt to excavate water weed

By Andrew Masinde / New Vision / 05 Apr 2014

Uganda has partnered with Egypt to remove the weed that evaded Lake Kyoga.

The task of clearing the weed started in 1999 and has registered two successful phases.


Meet Egypt’s first female political party leader

Source : Al Arabiya / 22 Feb 2014

A flicker of hope for women across Egypt may have been sparked on Friday, after the first female to head a political party in the country was elected.

Breaking through Egypt's political glass ceiling, Hala Shukrallah succeeded former Egyptian Vice President Mohammad ElBaradei to become the Constitution Party’s president.


Egyptian debts up and tourism income down

Source : World Bulletin / 21 Feb 2013

Eight months after a military coup that led to the ousting of Egyptian President Mohamed Morsi, Egypt has increased its borrowing, while income from tourism is dwindling.

According to data by Egypt's Ministry of Finance, the government borrowed US$70 billion in the last half of 2013, compared with US$45.4 billion in the first six months - an increase of 53.8 percent.


Egypt army control 45% of economy, says report

Source : World Bulletin / 13 Feb 2014

A German newspaper has claimed that the Egyptian army controls up to 45% of Egypt's economy.

Die Welt reported that the army has been increasing its control over the economy since the January 25 revolution ousted former dictator Hosni Mubarak.


Saudi Arabia to give Egypt up to $4 billion more aid: report

Source : Reuters / 31 Jan 2014

Saudi Arabia is expected to give Egypt up to $4 billion in additional aid in the form of central bank deposits and petroleum products, state-run Egyptian newspaper Al Ahram reported on Thursday.

Citing an unnamed ministerial source, the newspaper said the package would be worked out during a visit next week to the kingdom by Egypt's interim prime minister Hazem el-Beblawi.


UNESCO to help Egypt museum recover from blast

Source : AP / 28 Jan 2014

A UNESCO team will travel to Cairo to assess the damage inflicted on a renowned Islamic art museum by a bombing targeting the nearby security headquarters, Egypt's Minister of Antiquities said Sunday.

The museum will also receive $100,000 from the U.N. cultural agency to help the museum recover from the explosion, which damaged much of the museum's artifacts, Mohammed Ibrahim said.


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