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Egypt's President Abdel Fatah El Sisi issued a decree No. 99 of 2020 approving the decision of the African Development Bank’s (AfDB) Board of Directors No. 15 - 2019 issued on September 16, 2019.

Sisi approves raising Egypt's subscription in AfDB's capital

Egypt's Fuel Automatic Pricing Committee (FAPC) has decided at its meeting held at the end of June to keep gasoline and diesel prices in the local market unchanged till September.

Egypt to maintain gasoline, diesel prices unchanged till September

Egypt’s annual consumer price inflation recorded 6 percent in June 2020, compared to 8.9 percent in June 2019, state-statistics body said Thursday.

Egypt’s annual inflation reaches 6% in June, dips 0.1% monthly

Egyptian Minister of International Cooperation Rania Al-Mashat signed six new grant agreements with the United States Agency for International Development (USAID)

Egypt signs USAID 6 new grant agreements worth $90M

Egypt's President Abdel Fattah El Sisi has issued decree no. 663 of 2019 endorsing an agreement on the mutual exemption from entry visas for holders of diplomatic passports between the governments of Egypt and Latvia.

Egypt's Sisi endorses Egypt-Latvia agreement on entry visa exemptions for diplomatic passport holders

U.S. - Egypt Relationship

The US dollar exchange rate retreated versus the Egyptian pound to lose six piasters during transactions at Egypt's banks amid expectations of more decline in the coming period.

Dollar drops versus pound recording LE16.01 for buying at 11 banks

The United States opposes any foreign intervention in Libya and urges respecting ceasefire and the United Nations arms embargo

Amb. to Egypt speaks about US ‘clear’ stance on Libya

The EFG Hermes Holding said the foreign exchange market in Egypt has been witnessing a noticeable improvement in the past few weeks after the country’s foreign currency reserve increased to reach $38.2 billion in June.

Hermes to MENA: Hike in foreign currency reserve supports Egyptian pound against US dollar

Fight Against Extremism

Egypt's Minister of Defense and Military production and General Commander of the Egyptian Armed Forces Mohamed Zaki attended on Saturday the line-up of Paratrooper Forces to follow-up on the level of their readiness for combat and training.

Egypt's Defense Minister attends line-up of Egyptian Paratrooper Forces

North Sinai Governor Mohamed Abdel Fadil Shosha said on Wednesday that new cleanness campaigns were launched to remove garbage from the governorate's streets in preparation for Eidul Fitr.

New cleaning campaigns launched in N. Sinai cities

All Libyan factions support Egyptian President Abdel Fatah al-Sisi's decisions aiming at preserving the country’s national security and ending all violence and bloodshed in Libya

Libyans support Sisi’s decisions, demand Egypt’s intervention if necessary: Parliament Speaker

Economy & Trade

Egypt’s industrial production index for transformative and extractive industries, excluding crude oil and petroleum products, decreased 11.4 percent

Production index for transformative, extractive industries decreases to 11.4% in April

Egyptian President Abdel Fatah Al-Sisi ratified Law No. 85 of 2020 linking the state’s general budget for the fiscal year 2020/2021.

Egypt's Sisi ratifies Egypt's 2020/21 budget

Egypt’s agricultural sector contributes to the gross domestic product (GDP) by 14 percent

Egypt's Agriculture sector contributes by 14% in Egypt's GDP

Egyptian Minister of International Cooperation Rania Al-Mashat signed six new grant agreements with the United States Agency for International Development (USAID)

Egypt signs USAID 6 new grant agreements worth $90M

Culture & Arts

tombs

Learn the history of the establishment of "Cairo" through the ages and its architectural development, 1051 years ago

luxor

The dates of reopening the archaeological sites in Egypt

statue

365 Oshabti statues ... Why are they inside a Pharaonic cemetery?

painting

Paintings of Cairo: "People's therapist" medication on the old way

Top News Articles

Egypt the only country in MENA to not witness economic recession over 2020-2021: Fitch Solutions Tue, Jul. 7, 2020

Amb. to Egypt speaks about US ‘clear’ stance on Libya Mon, Jul. 6, 2020

365 Oshabti statues ... Why are they inside a Pharaonic cemetery? Sun, Jul. 5, 2020

Egypt to send medical aid to Iraq in face of coronavirus Sun, Jul. 5, 2020

Italian Azimut Holding launches equity fund manager in Egypt worth $61M: Bloomberg Wed, Jul. 8, 2020

Egypt's investment plan for tourism reaches LE5.2B in 2020/21 Tue, Jul. 7, 2020

Ethiopian PM affirms GERD to not harm Egypt Tue, Jul. 7, 2020

EGP 36.7 bn in Egypt green projects to be implemented in FY2020/2021 Sun, Jul. 5, 2020

The Egyptian Opera announces the opening of the online reservation service for July Sun, Jul. 5, 2020

Egypt is listed as a grow country in the 2020 circularity Gap Tue, Jul. 7, 2020

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