Turkish President Erdogan Optimistic About Developing Relations with Egypt and Israel

Turkish President Erdogan Optimistic About Developing Relations with Egypt and Israel

Dubai, United Arab Emirates (CNN) – Turkish President Recep Tayyip Erdogan said, on Friday, that Turkey’s relations with Egypt “will develop in a very different way,” adding that “the development of relations will enhance our economic capabilities.” Erdogan said, in statements he made to reporters on board the plane during his return from a tour … Read more

Dubai Meetings: Discussing Sudan Crisis, Bilateral Relations, and Grand Ethiopian Renaissance Dam

Dubai Meetings: Discussing Sudan Crisis, Bilateral Relations, and Grand Ethiopian Renaissance Dam

Dubai, United Arab Emirates (CNN) – Egyptian President Abdel Fattah El-Sisi discussed, on Wednesday, with Ethiopian Prime Minister Abi Ahmed, “ways to settle the crisis in Sudan, strengthen bilateral relations between Egypt and Ethiopia, and the issue of the Grand Ethiopian Renaissance Dam.” The Egyptian presidency said, in a statement on its website, that “Sisi … Read more

Egyptian Government Partners with International Finance Corporation to Empower Private Sector and Sell Assets

Egyptian Government Partners with International Finance Corporation to Empower Private Sector and Sell Assets

Title: Egyptian Government Partners with International Finance Corporation to Sell Assets Worth $40 Billion Cairo, Egypt (CNN) – In a significant move to boost the private sector and accelerate economic growth, the Egyptian government has entered into a contract with the International Finance Corporation (IFC), the arm of the World Bank Group, to provide technical … Read more

Jill Biden Visits Al-Azhar Mosque During Her Trip to Egypt

Jill Biden Visits Al-Azhar Mosque During Her Trip to Egypt

Dubai, United Arab Emirates (CNN) — America’s first lady, Jill Biden, visited Al-Azhar Mosque, Friday, during her two-day visit to Egypt. “By understanding each other’s religions, I believe we can find common ground and unite our desire for truth, love, justice, and healing,” Jill Biden said on Twitter. “Thank you, Al-Azhar Mosque, for hosting me.” … Read more

Egyptian artist Mohamed Sobhi responds to controversy over video in support of President Sisi

Egyptian artist Mohamed Sobhi responds to controversy over video in support of President Sisi

Dubai, United Arab Emirates (CNN) – The Egyptian artist, Mohamed Sobhi, responded to the controversy of a video clip that was circulated to him and some considered it “offensive to Egypt and its leadership,” Thursday, after it included a request to Egyptian President Abdel Fattah El-Sisi to allow those who “are better than him.” As … Read more

Egypt and UAE Work to Calm Situation in Sudan and Restore Political Track

Egypt and UAE Work to Calm Situation in Sudan and Restore Political Track

Dubai, United Arab Emirates (CNN) – Egyptian President Abdel Fattah El-Sisi discussed, during a phone call Thursday, with his Emirati counterpart, Sheikh Mohammed bin Zayed, the efforts of Egypt and the UAE to “calm the situation in Sudan, stop the escalation, return to dialogue, and restore the political track.” The Egyptian presidency said, in a … Read more

Egypt clarifies its position on the Saudi-Iranian agreement

Egypt clarifies its position on the Saudi-Iranian agreement

Dubai, United Arab Emirates (CNN) – On Friday, the Egyptian authorities clarified their position on announcing the agreement to resume diplomatic relations between Saudi Arabia and Iran. This came in a statement by the Egyptian Foreign Ministry, in which it was stated: “Egypt is following with interest the agreement to resume diplomatic relations between Saudi … Read more

Egypt.. There were casualties in a train accident that derailed

Egypt.. There were casualties in a train accident that derailed

Dubai, United Arab Emirates (CNN) – The Egyptian government announced, on Tuesday, that a train had derailed and collided with part of the platform at the Qalyub train station, north of Cairo, causing casualties. The Ministry of Health said, in a statement on the initial toll of the accident victims on its Facebook page, that … Read more

Egypt announces an increase in gasoline prices and the stabilization of diesel… and explains the reason

Egypt announces an increase in gasoline prices and the stabilization of diesel… and explains the reason

Dubai, United Arab Emirates (CNN) – The Egyptian Ministry of Petroleum and Mineral Resources announced, on Thursday, the new prices for gasoline and diesel. The ministry said, in a statement, on its Facebook page: “In light of the fluctuation of Brent crude prices and the exchange rate of the pound against the dollar, the Automatic … Read more

Why do international institutions lower their forecasts for the growth of the Egyptian economy? Experts answer

Why do international institutions lower their forecasts for the growth of the Egyptian economy?  Experts answer

Cairo, Egypt (CNN) – The European Bank for Reconstruction and Development has joined the list of major international institutions that have lowered expectations for the growth of the Egyptian economy during 2023. In its latest report, the bank expected a decline in the economic growth rate to 4.6%, compared to 5.6% in its previous report … Read more