Egypt’s unemployment inches down to 7% in 2Q 2023: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced a decrease in the unemployment rate to 7% during the second quarter (2Q) of 2023, compared to 7.1% in…
Islamic finance in Egyptian market exceeds EGP 600bn in 1H 2023: El-Beltagy
Mohamed El-Beltagy, President of the Egyptian Islamic Finance Association, has said that the Islamic finance in the Egyptian market exceeded EGP 600bn in the first half (1H) of this year,…
Egypt stresses importance of dialogue to reach peaceful solution in Niger
Egypt follows with interest the developments of the situation in Niger, Ahmed Abou Zeid, the spokesperson of the Ministry of Foreign Affairs, has said. He stressed the importance of adhering…
Irrigation Minister discusses water projects during World Water Week in Stockholm
Hani Sweilam, Egypt’s Minister of Water Resources and Irrigation and Chairperson of the African Ministers Council on Water (AMCOW), participated in the session "Innovative Financing Mechanisms to Achieve Goal 6…
Egypt denies reports of new entry procedures
The Egyptian government has denied reports about setting new entry procedures that require foreigners to obtain a visitor visa from the Egyptian embassy in their countries or apply for a…
Egypt discovers new oil field in Geisum & Tawila West Concession in Gulf of Suez
Cheiron has announced a new oil discovery in the Geisum & Tawila West Concession in the Gulf of Suez. The operations in the field are managed by the joint venture…
AfCFTA introduces pan-African payments system, to facilitate cross-border trade in local currencies: Wamkele Mene to DNE
Johannesburg – The African Continental Free Trade Area (AfCFTA) has introduced a pan-African payments and settlement system to enable intra-African trade in local currency, Wamkele Keabetswe Mene, Secretary-General of AfCFTA,…
BRICS Summit kick-starts with expansion on top of agenda
Johannesburg – China and South Africa, two of the members of the BRICS bloc, said that they have found common ground on expanding the BRICS emerging market bloc, as a…
Hurghada to host first edition of Youth Film Festival in September
Hurghada will host the first edition of the Youth Film Festival from 21 to 27 September 2023.
UN stresses need to stop all military actions in Sudan
Special Representative of the Secretary-General of the United Nations (UN) in Sudan, Volker Perthes, has stressed the need to immediately stop all military actions and mobilisations to alleviate the suffering…