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Egypt exits 2018 World Cup empty-handed, Uruguay, Russia to last-16

Volgograd, Russia – It was a frustrating and disappointing end for Egypt’s campaign in the 2018 World Cup as they failed to achieve any positive results in the tournament and exited from the group stage after losing to Uruguay, Russia, and Saudi Arabia. Egypt was the first of four participating Arab teams to make their …

Alaa Moustafa

Egypt looking for first World Cup win in Saudi Arabia clash

The Egyptian national football team will end their 2018 World Cup campaign on Monday when they play against Saudi Arabia at the Volgograd Arena in the last round of the tournament’s group stage. Egypt and Saudi Arabia have already exited the World Cup after failing to gain any points from their previous games in Group …

Daily News Egypt

Egypt and Saudi Arabia postpone interconnection agreements indefinitely

Egypt and Saudi Arabia have again postponed awarding the tender for the electricity grid between the two countries, despite assurances from the joint committee of its willingness to sign the final contracts for the project at the end of this month. Government sources told Daily News Egypt that the companies competing for the tender of …

Mohamed Farag

Indian Embassy in Cairo celebrates International Yoga Day

The Indian Embassy in Cairo celebrates the International Yoga Day on Wednesday, through a public event taking place at El-Horriya Park. The event takes place for the fourth year in a row, under the arrangement of the Indian Charge d’Affaires Vinod Bahade. Aiming to stress the importance of yoga and spread the Indian culture in …

Daily News Egypt

Egypt has top market value amid Arab teams in World Cup

The 2018 FIFA World Cup in Russia will witness historic Arab participation, as four Arab football teams have qualified for the World Cup. Egypt topped the list of the Arab teams qualified to the World Cup in terms of market value, surpassing its traditional rival Morocco, thanks to Liverpool’s star Mohamed Salah. Salah would be …

Daily News Egypt

Rare book that describes Egypt to be auctioned at Christie’s

A rare authentic book, Description of Egypt, is to be auctioned at British auction house Christie’s on 29 May with an estimated price range of €300,000–500,000. The original version of the rare book describes Egypt’s landscapes, culture, and traditions through the eyes of the French army during its expedition. The book is the first descriptive …

Daily News Egypt

$4.9bn in trade exchange between Egypt, UAE in 2017

The value of trade exchange between Egypt and the UAE in 2017 amounted to $4.9bn, versus $2.8bn in 2012. This came according to a report prepared by the department of trade policies and international organisations at the UAE’s Ministry of Economy, which was reported by the Emirates News Agency on Sunday. The report stated that …

Nihal Samir

IMF First Deputy Managing Director David Lipton

Egypt needs to utilise macroeconomic stability to create jobs, raise living standards through sustainable growth: IMF first deputy managing director

The time has come to take advantage of the Egyptian reform programme’s success and push to create jobs and raise living standards through sustainable growth, said IMF First Deputy Managing Director David Lipton on Saturday during his visit to Cairo, ahead of the Inclusive Growth and Job Creation in Egypt conference. Lipton explained that, by …

Daily News Egypt