Egypt

Egypt’s Sisi orders gov’t to help financially ailing firms

Egypt’s President Abdel-Fattah El-Sisi instructed the government to take immediate action to enable financially ailing firms to resume their business activity. During his meeting on Monday with Prime Minister Mostafa Madbouly and the cabinet’s economic group, El-Sisi called for striking a deal with banks to revive stalled factories and help them operate again at full capacity. El-Sisi underlined the need ...

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Egypt non-oil private sector shrinks faster in January

Egypt contracted at the quickest rate in almost three years in January as sales and new export orders slumped, a survey showed on uesday. The IHS Markit Egypt Purchasing Managers’ Index (PMI) for the non-oil private sector slid to 46.0 in January from 48.2 in December, well below the 50.0 threshold that separates growth from contraction. “Firms squarely linked this ...

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Islamic State claims purported attack on Egypt-Israel gas pipeline in Sinai

CAIRO — The Islamic State extremist group said on Monday that it blew up a gas pipeline in Egypt’s restive Sinai Peninsula, claiming it was connected to Israel. Security sources earlier said the pipeline hit was a domestic one that connects to a power station in el-Arish, powering homes and factories in central Sinai. No casualties were reported. Masked gunmen ...

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Egypt’s education minister dismisses rumours about postponing school over coronavirus outbreak

Egypt’s Minister of Education Tarek Shawki denied media reports that the ministry will put off the second school semester, scheduled to resume on 8 February, due to coronavirus outbreak. “There is no change for the time being. We will inform everyone if there is any update, but we have to leave these decisions to the relevant authorities,” Shawki posted on ...

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Security delegation arrives in Kuwait to escort 8 fugitives back to Egypt

CAIRO – 15 July 2019: An Egyptian security delegation arrived in Kuwait on Monday three days after the arrest of eight Egyptian fugitives convicted of supporting and financing militant operations in Egypt by the Kuwaiti Security Apparatus. The detection of the cell affiliated to the Muslim Brotherhood – which is outlawed in Egypt – is a result of the interrogation ...

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Egypt’s Most Expensive Film Ever Shows Nationalism Is Always on the Agenda

This year’s blockbuster ‘The Passage’ makes evident that despite political shifts, the line of defense of the country’s artists and intellectuals hasn’t changed The Egyptian 2019 film “The Passage” cost 100 million Egyptian pounds ($6 million) to produce – the costliest production in the history of Egyptian cinema, and apparently also the most profitable. In only two weeks, the film has brought ...

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Egypt opens museum commemorating Nobel laureate Naguib Mahfouz

CAIRO (Reuters) – A museum commemorating the life and works of Egyptian novelist Naguib Mahfouz has opened in Cairo, nearly 13 years after the Nobel laureate’s death. The Naguib Mahfouz Museum and Creativity Centre houses the belongings and personal library of Mahfouz, who won the 1988 Nobel Prize for Literature – the only Arab to do so. The centre, in ...

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Egypt opens Bent Pyramid to tourists

 The pyramids of Egypt have long attracted visitors intrigued by their ancient history, and now travelers have the opportunity to visit a distinctive structure just south of Cairo. Minister of Antiquities Khaled al Anani led a party of foreign ambassadors to the Dahshur Necropolis to inaugurate the so-called Bent Pyramid on Saturday, according to state media agency Al Ahram. Tourists will be able to ...

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INSIDE INTELLIGENCE: ‘ISRAEL-EGYPT COOPERATION KEY TO BEATING BACK ISIS IN SINAI’

Israeli-Egyptian cooperation is the key to confronting the threat posed by ISIS Sinai, former director of the US National Counterterrorism Center (NCTC) Nick Rasmussen told The Jerusalem Post in a recent exclusive interview. Rasmussen, who was the center’s chief from 2014 until December 2017, straddling the Obama and Trump administrations, complimented the reports of quiet-but-effective cooperation between Cairo and Jerusalem. Currently ...

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Sisi: Egypt supports UAE in face of attempts to destabilise the Gulf

Egypt will support the UAE and other Arabian Gulf states to prevent attempts to destabilise the region, President Abdel Fattah El Sisi said on Sunday, following the attacks on two tankers in the Gulf of Oman last week. The Egyptian leader’s comments came during a meeting with UAE Minister of Foreign Affairs and International Co-operation Sheikh Abdullah bin Zayed in Cairo. ...

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