The International Monetary Fund (IMF) expected Egypt’s losses in tourism revenues to exceed 2 percent of gross domestic product (GDP) during 2020 due to COVID-19 crisis.

IMF expects Egypt's losses in tourism revenues to rise 2% in 2020 due to COVID-19
IHS Markit Egypt Purchasing Managers’ IndexTM (PMI posted 49.6 in July, up from 44.6 in June and the closest to the 50.0 neutral mark in 12 months.

Egypt's PMI increases during July with rise in both activity and new orders
A new transformer station in Mansoura is being implemented with a total capacity of 500 megavolt ampere (MVA), Egypt’s Minister of Housing Assem El-Gazzar, announced Tuesday.

Egypt builds transformer station in Mansoura city with capacity of 500 MVA
Egypt's President Abdel Fatah al-Sisi held a meeting Wednesday with ministers of agriculture and military production to discuss a number of projects pertinent to the agrarian sector and Sinai development.

Egypt's President Sisi holds meeting on agricultural projects, Sinai development
Egypt will open an air bridge to send urgent medical aid to Lebanon

Egypt to open air bridge to send medical aid to Lebanon after Beirut blast killed at least 100

U.S. - Egypt Relationship U.S. - Egypt Relationship

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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
Egyptian and US military officials have discussed increasing military cooperation during meetings in Cairo, a statement by the Egyptian Armed Forces said on Wednesday.
Egypt, US discuss increasing military cooperation

Fight Against Extremism Fight Against Extremism

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Egypt's Member of the Defense and National Security Committee in the Egyptian Parliament, Yahya al-Kadwani, said that the Libyan parliament has the right to issue decisions for the best interest of the Libyan people, their territorial integrity and nation

Egyptian MP: Egypt rejects military solution in Libya
Egypt’s National Defense Council, chaired by President Abdel Fatah el-Sisi, convened on Sunday to discuss the crisis of the controversial Ethiopian Renaissance Dam and the Libyan turmoil.
Egypt's National Defense Council: Libya’s stability is integral part of country's security
Egyptian Armed Forces Chief-of-Staff Lt. General Mohamed Farid inspected on Monday the combat readiness of the Armed Forces’ in the western military region, a statement by the armed forces said.
Egyptian army chief-of-staff inspects combat readiness of troops in western military region

Economy & Trade Economy & Trade

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Egypt's Cabinet plans to boost agricultural exports in FY2020/2021 by entering new markets through grapes, citrus, and garlic.

Egypt aims to increase agricultural exports by entering new markets
B Investments Holdings announced holding preliminary discussions with Total Egypt to exercise its right to sell 20 percent of its stake in the later.
B Investments discusses selling 20% of its take in Total Egypt
The International Monetary Fund (IMF) expected Egypt’s losses in tourism revenues to exceed 2 percent of gross domestic product (GDP) during 2020 due to COVID-19 crisis.
IMF expects Egypt's losses in tourism revenues to rise 2% in 2020 due to COVID-19
IHS Markit Egypt Purchasing Managers’ IndexTM (PMI posted 49.6 in July, up from 44.6 in June and the closest to the 50.0 neutral mark in 12 months.
Egypt's PMI increases during July with rise in both activity and new orders

Culture & Arts Culture & Arts

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discoveries

Q & A .. Are the excavation work going on in the Mit Rahina area after the new discoveries?
egypt
100 Egyptian Paintings: A face painting by Abdel-Al Hassan portraying the face of an Egyptian girl
egypt
Ministers of Culture, Military Production inspect the first model of mobile theaters in Egypt
mummies
National Museum of Egyptian Civilization receives 17 royal sarcophagi

Top News Articles

Egypt congratulates Minouche Shafik on becoming Life Peer in UK House of Lords Tue, Aug. 4, 2020
Food exports council underlines rise in exports by 2.2% during 1st half of 2020 Tue, Aug. 4, 2020
Egypt top destination for FDI in Arab world during 2015-2020 Tue, Aug. 4, 2020
Egypt to open air bridge to send medical aid to Lebanon after Beirut blast killed at least 100 Wed, Aug. 5, 2020
Egypt aims to increase agricultural exports by entering new markets Tue, Aug. 4, 2020
B Investments discusses selling 20% of its take in Total Egypt Wed, Aug. 5, 2020
Egypt's PMI increases during July with rise in both activity and new orders Wed, Aug. 5, 2020
Egypt builds transformer station in Mansoura city with capacity of 500 MVA Wed, Aug. 5, 2020
Egypt's President Sisi holds meeting on agricultural projects, Sinai development Wed, Aug. 5, 2020
IMF expects Egypt's losses in tourism revenues to rise 2% in 2020 due to COVID-19 Wed, Aug. 5, 2020