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24 May 2018

Russia, Egypt sign deal to build industrial zone in Suez Canal area

Russia and Egypt on Wednesday signed a deal to create and maintain a Russian industrial zone in the region of the Suez Canal in Egypt, Russian media reported.

The agreement of the project was signed by Russian Industry"...

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24 May 2018

Egypt says Dubai trader failed to deliver on contracted wheat shipments

Dubai-based trader AOS, a leading supplier of wheat to Egypt, has failed to deliver two of its cargoes, Supply Minister Ali Moselhy told Reuters.

Moselhy, who is also chairman of Egypt’s state grain buyer, the"...

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24 May 2018

Egypt’s Housing executing 8 water, sewage stations in Marsa Matrouh

Egypt’s Housing Ministry says it is carrying out eight drinking water and sewage stations in Marsa Matrouh governorate, 524km (325.6 miles) west of Cairo, at a cost worth about 2.5 billion Egyptian pounds ($139.4 million).

These"...

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24 May 2018

The poisoned air of Egypt’s education system

People in Egypt are arguing over the dramatic change in the country’s education system, which will take effect in the next academic year.
Egyptians have been complaining about the existing education system and demanding change for decades, yet the government today is facing strong"...

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24 May 2018

Egypt’s sustainable development threatened by Ethiopian dam

It is a travesty of unspeakable proportions that in the 21st century the construction of a mega-hydropower-generation project, the Great Ethiopian Renaissance Dam (GERD)—whose reservoir can store almost all the annual flow of a transboundary river, the Nile—has been underway for"...

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24 May 2018

Telecom Egypt bags $200m financing facility to buy undersea Internet cable

The African Export-Import Bank (Afreximbank) said on Wednesday that it will commit up to $200-million to Telecom Egypt (TE) in a bid to enable the telecommunication company finance working capital and investments in its infrastructure. The agreement for the short-term dual tranche facility would provide for TE to utilize the facility for the acquisition of a cross-border marine cable, which will enhance the volume of internet flow into Egypt and other African countries, and to finance working capital needs of the company. The facility......

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24 May 2018

Egypt launches drilling operations on third phase of Cairo metro's third line

In an inaugural ceremony on Wednesday, Egypt launched drilling operations on the third phase of the Cairo metro's heavily-commuted third line, which will extend more than 17 km and include 15 stations.

The ceremony"...

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24 May 2018

Egypt and Russia sign 50-year industrial zone agreement

Egypt and Russia signed a 50-year agreement on Wednesday to build a sprawling industrial zone that Egypt hopes will attract up to $7 billion in investments.

The 5.25 million square metre (57 million square foot) industrial"...

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24 May 2018

Call for Improving Parliamentary Ties With Egypt

A senior official said Iran and Egypt need to improve parliamentary relations to help find solutions to regional problems.

“Parliamentary cooperation plays a major role in relations between Iran and Egypt,”"...

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24 May 2018

King, Egyptian President discuss bilateral ties, regional developments

His Majesty King Abdullah II and Egyptian President Abdel Fattah al-Sisi on Wednesday held talks in Cairo on the Palestinian issue and mechanisms of enhancing bilateral relations.

During the talks, the two leaders expressed pride in the distinguished level of the Jordanian-Egyptian"...

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