Egypt

Egypt’s sovereign fund has signed four agreements worth $33 billion in the field of green ammonia with European developers, a cabinet statement said on Sunday. Prime Minister Mostafa Madbouly observed the signing of these agreements…
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A new shipping service is set to link Jeddah Islamic Port to four cities in China and one in Egypt, enhancing the Kingdom’s connectivity with global markets. The Saudi Ports Authority, also known as Mawani, announced the addition of the…
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Several Egyptian ministries have initiated the “100 Million Trees” campaign across the country in response to its climate challenges and rising population, as part of a nationwide strategy to increase per-capita green space. The project…
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European Commission chief Ursula von der Leyen was in Cairo on Saturday to kick off a two-day investment conference, where deals potentially worth over $42 billion are expected to be signed. “At this conference, European companies are…
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One of Egypt’s largest fertilizer companies said on June 27 it would partially switch to hydrogen supplies as the country struggles with a shortage of natural gas that has led to widespread blackouts. Abu Qir Fertilizers — along with…
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A discovery of 33 ancient tombs in Egypt’s southern city of Aswan could reveal “new information on diseases” prevalent at the time, the Tourism and Antiquities Ministry said. The tombs date back to the Ancient Egyptian Late Period and…
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The World Bank has approved $700 million in financing to support Egypt’s private sector, economic resilience and green growth. The Development Policy Financing operation is designed to help Egypt address short-term economic challenges…
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Egypt’s merchandise exports soared by 9.8 percent year-on-year in the first five months of 2024 to reach $16.55 billion, according to a top official. Exports increased every month over the period, underscoring the north African country’s…
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White House national security adviser Jake Sullivan said on Saturday that mediators for Qatar and Egypt plan to engage Hamas militants soon to see if there is a way to push ahead with a Gaza ceasefire proposal offered by US President Joe…
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A book from Egypt put up for auction in London may be the oldest in the world, experts have suggested. The Crosby-Schoyen Codex “revolutionised the study of Christianity” and could be sold for more than £3 million ($3.813 million).…
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