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  • WB CEO: Gov’t policies helped Egypt become favored hub for investment

    WB CEO: Gov’t policies helped Egypt become favored hub for investment

    Date: 2017-12-08 14:15:40 GMT - Egypt - Economy - SN:12 - ID:7130453

    Chief Executive Officer of the World Bank (WB) Kristalina Georgieva asserted on Friday that the Egyptian government's successful policies have helped the country to become a favored hub for investment. Speaking at a session on the fourth ....

  • International conference to support Lebanon kicks off in Paris

    International conference to support Lebanon kicks off in Paris

    Date: 2017-12-08 14:07:03 GMT - France - Arab world - SN:11 - ID:7130433

    Meetings of the ministerial conference of the International Support Group for Lebanon, called for by France, kicked off Friday in the French capital, Paris with Lebanese Prime Minister Saad Hariri and State Secretary Rex Tillerson attending. The ....

  • Al Azhar rejects measures to change Palestinian, Arab identity of Al Quds

    Al Azhar rejects measures to change Palestinian, Arab identity of Al Quds

    Date: 2017-12-08 14:06:26 GMT - Egypt - Egypt - SN:10 - ID:7130528

    Al Azhar on Friday reiterated its rejection of any measures aimed at changing the Palestinian and Arab identity of Al Quds City. Speaking to worshipers following the Friday prayers At Al Azhar Mosque, adviser to the grand imam Mohamed Mehanna ....

  • Afreximbank, EBE sign agreement worth dlrs 500 mln

    Afreximbank, EBE sign agreement worth dlrs 500 mln

    Date: 2017-12-08 14:04:12 GMT - Egypt - Economy - SN:9 - ID:7130443

    The African Export-Import Bank (Afreximbank) on Friday signed an agreement with Export Development Bank of Egypt (EBE). Under the agreement Afreximbank will extend dlrs 500 million to the EBE to boost exports and investments of the Egyptian ....

  • Agricultural exports till Nov. hit 4.8m tons-- minister

    Agricultural exports till Nov. hit 4.8m tons-- minister

    Date: 2017-12-08 14:03:47 GMT - Egypt - Egypt - SN:8 - ID:7130419

    Minister of Agriculture and Land Reclamation Abdel Moniem el Bana said Friday that Egyptian agricultural exports have witnessed an unprecedented surge this year. Agricultural exports have reached 4.8 million tons till November, with an increase ....

  • Egypt to receive third batch of WB loan

    Egypt to receive third batch of WB loan

    Date: 2017-12-08 09:53:25 GMT - Egypt - Economy - SN:7 - ID:7129959

    Acting Prime Minister Mostafa Madboutli, who is also Minister of Housing, on Friday attended the signing ceremony of an agreement on receiving the third batch of a loan by the World Bank worth 1.150 billion dollars. The ceremony was held on the ....

  • National Bank: Value of SME in Egypt hits EGP 33bn

    National Bank: Value of SME in Egypt hits EGP 33bn

    Date: 2017-12-08 09:14:38 GMT - Egypt - Economy - SN:6 - ID:7129865

    Chairman of the National Bank of Egypt Hisham Okasha said that the portfolio of small and medium sized enterprises in Egypt hit 33 billion pounds. In statements to MENA on the sidelines of Africa 2017 Conference, he added that up to 75-80 percent ....

  • Five terrorist MB members arrested over terror plots

    Five terrorist MB members arrested over terror plots

    Date: 2017-12-08 09:13:00 GMT - Egypt - Egypt - SN:5 - ID:7129847

    The Interior Ministry arrested five members of the terrorist Muslim Brotherhood (MB) over plans to commit acts of violence after Friday prayers. A statement by the ministry indicated that security efforts uncovered that the MB is planning to use ....

  • Russia to propose Syria reconciliation scenario to Libya -- diplomat

    Russia to propose Syria reconciliation scenario to Libya -- diplomat

    Date: 2017-12-08 09:11:21 GMT - Russia - Arab world - SN:4 - ID:7129829

    Russia plans to suggest a peace conference on Libya to end the six-year conflict similar to talks that will be held on Syria, Russian Foreign Ministry and parliament's lead negotiator on Libya Lev Dengov said on Friday. Russia’s initiative of ....

  • COMESA: Africa has 30% of world mineral resources

    COMESA: Africa has 30% of world mineral resources

    Date: 2017-12-08 09:09:00 GMT - Egypt - Economy - SN:3 - ID:7129796

    The African continent has 30 percent of the total mineral resources in the world, said Heba Salama, the head of the Regional Agency for Investment, an affiliate with the Common Market for Eastern and Southern Africa (COMESA). In statements to ....

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