Iconic Midwestern pizza brand to open first restaurants in Cairo come July as part of 25-unit franchise agreement Cairo (-) Last year, Happy Joe’s Pizza & Ice Cream announced its …
egypt
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By Humeyra Pamuk WASHINGTON (Reuters) – Egypt has missed out on an additional $75 million in American military aid after a senior Democratic U.S. senator blocked the funding over concerns …
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(Reuters) -Egypt has finalised a staff-level agreement with the international monetary fund (IMF) on the components of its programme, and will issue an announcement “very soon,” the country’s finance minister …
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By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund chief Kristalina Georgieva said she would meet on Saturday with delegations from Egypt and Tunisia and was confident the global lender would …
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By Andrea Shalal and Omar Fahmy WASHINGTON (Reuters) -International Monetary Fund officials have resolved all “big policy issues” with Egyptian authorities in their discussions on a new lending program, and …
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By Patrick Werr CAIRO (Reuters) – Egypt is pushing to tie up a crucial financial package from the International Monetary Fund at annual meetings in Washington this week, hoping to …
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Iconic Midwestern pizza brand opens first restaurant in Cairo as part of 10-country, 25-unit master franchise agreement Cairo (PRESS RELEASE) In less than a year, and what came with exhilarating …
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World Bank approves Egypt $400 million to improve and decarbonize logistics and transportation sectors
by ReutersCAIRO (Reuters) -The World Bank has agreed to provide Egypt with $400 million to develop the logistics and transportation sectors and support the shift towards lower carbon emissions, the group …
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LONDON (Reuters) – Britain’s King Charles will not attend a world leaders’ climate change summit in Egypt next month, a royal source said on Sunday, as the new monarch steps …
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CAIRO (Reuters) – The Central Bank of Egypt (CBE), bucking analyst expectations, left its overnight interest rates unchanged on Thursday, saying it believed inflation was under control over the medium …
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By Aidan Lewis CAIRO (Reuters) – The European Bank for Reconstruction and Development (EBRD) will help finance the decommissioning of 5GW of inefficient gas-fired power plants in Egypt from 2023 …
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(Reuters) -Egypt’s central bank kept its overnight interest rates unchanged on Thursday, saying that for the next six months it would tolerate elevated inflation, caused mainly by the Ukrainian conflict, …
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CAIRO – Non-oil private sector activity in Egypt contracted for an 18th month in May as the Ukraine crisis, import restrictions and a devalued currency put pressure on prices, a …
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(Reuters) -Abu Dhabi state holding firm ADQ will allocate $10 billion in investment for projects with Egypt and Jordan, the United Arab Emirates’ state news agency WAM reported on Sunday, …
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BERLIN – Egypt has signed a contract with industrial manufacturing company Siemens’ rail and traffic unit and its consortium partners to build about 2,000 kilometres of high-speed railways, the German …
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CAIRO – Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said on Saturday. Tourism revenues …
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(Reuters) – Egypt expects to reach a new programme with the International Monetary Fund “within months”, Prime Minister Mostafa Madbouly said on Sunday in a televised news conference. In March, …
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CAIRO – Honeywell International seeks to invest about $200 million in petrochemicals and the production of green fuels for aircraft in Egypt, the Ministry of Petroleum has quoted Honeywell’s country …
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By Patrick Werr CAIRO – Gulf Arab states are channelling up to $22 billion to Egypt to help it overcome a currency crisis, the third such rescue in a decade, …
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NEW EGYPT, NJ – A New Egypt man, Richard Knight, 40 is heading to prison for five years after pleading guilty to charges lodged against him by the Ocean County …
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By Patrick Werr CAIRO – Egypt’s two biggest state banks have sold 303 billion Egyptian pounds ($16.57 billion) in special certificates of deposit (CDs) they introduced last week at a …
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CAIRO -Egypt has asked for the International Monetary Fund’s support to implement a comprehensive economic programme, the IMF said on Wednesday. Continued exchange rate flexibility would be essential to absorb …
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WASHINGTON – The top U.S. general for forces in the Middle East said on Tuesday that he believed the United States would provide Egypt with F-15 aircraft. “I think we …
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CAIRO – Apache aims to raise its oil and gas output in Egypt by 10% to 15% within five years, CEO and President John Christmann told Sky News Arabia on …