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25 Jun 2017

Egypt’s cycle of discontent keeps on turning

In many ways, the future of Egypt will be shaped by how the government and the majority of Egyptians treat the country's minority Christian community. Will Egypt be an open, tolerant and creative society? Or will it be closed and intolerant, looking backward?

A"...

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25 Jun 2017

Egypt sends fuel to power-starved Gaza, undercuts Abbas

Egypt trucked 1 million liters of cheap diesel fuel to the Gaza Strip’s sole power plant — a rare shipment that temporarily eased a crippling electricity crisis in the Hamas-ruled enclave but also appeared to undercut Palestinian President Mahmoud Abbas.

Abbas"...

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25 Jun 2017

Full occupancy rates in Red Sea cities, up to 90% in Alexandria on Eid holiday

Bookings at hotels and resorts in Hurghada, Gouna and Sahl Hasheesh have been declared full, just a few hours before the start of Eid al-Fitr, which begins on Sunday. This comes amid the high reported costs of accommodation, which ranged between LE1,000-LE1,300 for an all-inclusive double room at Hurghada hotels and between LE1,400-LE2,400 at Gouna, Sahl Hasheesh and Makadi Bay hotels. Sources attributed the high occupancy rates at Red Sea hotels during Eid to a large turnout among Egyptians desiring to spend the holiday in Hurghada......

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25 Jun 2017

Fuel imported from Egypt averts full collapse in Gaza Strip

A million liters of Egyptian-provided fuel is set to enter the besieged Gaza Strip on Saturday via the Rafah crossing between Gaza and Egypt in order to assist the territory with a crippling electricity crisis, in the latest of a number of fuel shipments provided by Egyptian authorities.

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25 Jun 2017

Egypt discusses social safety net with World Bank mission in Cairo

Egyptian Minister of Social Solidarity Ghada Waly met with the World Bank mission Saturday in Cairo to follow up on the progress of social safety net programme Takaful and Karama.

The"...

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25 Jun 2017

Main opposition CHP leader Kılıçdaroğlu calls on Egypt to halt executions

Turkey's main opposition Republican People's Party (CHP) leader Kemal Kılıçdaroğlu called on Egypt Saturday to halt the executions of six men convicted in the murder of a police officer earlier in June in a trial that has been described as 'flawed' and 'unfair'"...

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25 Jun 2017

Orascom deploys Genie boom lifts for giant Egypt project

Orascom Trading has deployed key boom lifts and telehandlers from Genie, a unit of global lifting solutions specialist Terex Corporation for the turn-key construction of world's largest power plant project coming up in Egypt.

The list of lifting solution tools include Genie"...

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25 Jun 2017

Egypt's reviving tourism to prop up banking sector: Moody's

A 51 percent year-on-year increase in tourist arrivals in the first quarter of 2017 is likely to prop up the banking sector in Egypt, said a report issued by Moody’s Investors Service.

The increase in foreign-currency flow from tourism will boost Egyptian banks’ limited"...

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25 Jun 2017

At the Venice Biennale 2017: The Pavilion of Egypt

In the public gardens or Giardini where the 2017 Venice Biennale is showing its latest edition of contemporary art, the door of the modernist Pavilion of Egypt has been reshaped into a Middle Eastern portal. It leads to a dirt floor covered with straw.

'I"...

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24 Jun 2017

Egypt’s water security is red line: Foreign Affairs Ministry spokesperson

The Egyptian Foreign Affairs Ministry official spokesperson Ahmed Abu Zeid asserted on Thursday that Egypt’s water security is non-negotiable, saying that it is considered a red line that no one can approach.

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