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egypt

Happy Joe’s Prepares to Bring its Pizza and Party Paradise to Egypt and the Middle East

October 22, 2022
Happy joe’s prepares to bring its pizza and party paradise to egypt and the middle east - photo licensed by shore news network.

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 …

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Senator blocks $75 million in U.S. military aid to Egypt over rights concerns

October 17, 2022
Senator blocks $75 million in u. S. Military aid to egypt over rights concerns - photo licensed by shore news network.

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 …

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Egypt nears staff-level agreement with IMF on terms of its programme -finance minister

October 16, 2022
Egypt nears staff-level agreement with imf on terms of its programme -finance minister - photo licensed by shore news network.

(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 …

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Georgieva to meet with Egypt, Tunisia, confident of IMF ‘backing them up’

October 15, 2022
Georgieva to meet with egypt, tunisia, confident of imf 'backing them up' - photo licensed by shore news network.

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 …

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IMF chief Georgieva says ‘big policy issues’ resolved in talks with Egypt

October 14, 2022
Imf chief georgieva says 'big policy issues' resolved in talks with egypt - photo licensed by shore news network.

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 …

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Egypt seeking to push forward critical IMF deal in Washington

October 12, 2022
Egypt seeking to push forward critical imf deal in washington - photo licensed by shore news network.

By Patrick Werr CAIRO (Reuters) – Egypt is pushing to tie up a crucial financial package from the International Monetary Fund at annual meetings in …

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Happy Joe’s Pizza Celebrates Monumental Debut in Egypt

October 6, 2022
Happy joe’s pizza celebrates monumental debut in egypt - photo licensed by shore news network.

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, …

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World Bank approves Egypt $400 million to improve and decarbonize logistics and transportation sectors

October 3, 2022
World bank approves egypt $400 million to improve and decarbonize logistics and transportation sectors - photo licensed by shore news network.

CAIRO (Reuters) -The World Bank has agreed to provide Egypt with $400 million to develop the logistics and transportation sectors and support the shift towards …

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King Charles, stepping back from campaigning, will not go to Egypt climate summit

October 2, 2022October 2, 2022
King charles, stepping back from campaigning, will not go to egypt climate summit - photo licensed by shore news network.

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, …

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Egypt central bank keeps interest rates unchanged

September 22, 2022September 22, 2022
Egypt central bank keeps interest rates unchanged - photo licensed by shore news network.

CAIRO (Reuters) – The Central Bank of Egypt (CBE), bucking analyst expectations, left its overnight interest rates unchanged on Thursday, saying it believed inflation was …

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EBRD to help fund transition from gas to wind power in Egypt

September 11, 2022
Ebrd to help fund transition from gas to wind power in egypt - photo licensed by shore news network.

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 …

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Egypt central bank keeps interest rates steady

June 23, 2022
Egypt central bank keeps interest rates steady - photo licensed by shore news network.

(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 …

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Egypt private sector activity extends contraction in May as inflation weighs-PMI

June 4, 2022
Egypt private sector activity extends contraction in may as inflation weighs-pmi - photo licensed by shore news network.

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 …

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UAE’s ADQ to invest $10 billion in projects with Egypt, Jordan – WAM

May 29, 2022

(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 …

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Siemens Mobility wins $8.7 billion high-speed rail deal in Egypt

May 28, 2022

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 …

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Egypt expects Suez Canal revenues to hit $7 billion by end of fiscal year – minister

May 21, 2022
Egypt expects suez canal revenues to hit $7 billion by end of fiscal year - minister - photo licensed by shore news network.

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 …

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Egypt expects to reach a agreement with IMF ‘within months’

May 15, 2022
Egypt expects to reach a agreement with imf 'within months' - photo licensed by shore news network.

(Reuters) – Egypt expects to reach a new programme with the International Monetary Fund “within months”, Prime Minister Mostafa Madbouly said on Sunday in a …

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Honeywell seeks to invest about $200 million in Egypt -ministry

April 22, 2022
Honeywell seeks to invest about $200 million in egypt -ministry - photo licensed by shore news network.

CAIRO – Honeywell International seeks to invest about $200 million in petrochemicals and the production of green fuels for aircraft in Egypt, the Ministry of …

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Egypt gets Gulf help again as eyes turn to currency flexibility

April 4, 2022
Egypt gets gulf help again as eyes turn to currency flexibility - photo licensed by shore news network.

By Patrick Werr CAIRO – Gulf Arab states are channelling up to $22 billion to Egypt to help it overcome a currency crisis, the third …

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New Egypt Man Gets 5 Years in Prison for Cybercrimes

April 1, 2022
Using computer to commit a crime in darkness.

NEW EGYPT, NJ – A New Egypt man, Richard Knight, 40 is heading to prison for five years after pleading guilty to charges lodged against …

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Egypt state banks sell $16.6 billion in 18% CDs, absorbing post-devaluation liquidity

March 29, 2022
Egypt state banks sell $16. 6 billion in 18% cds, absorbing post-devaluation liquidity - photo licensed by shore news network.

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 …

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Egypt requests IMF support as economy buffeted by Ukraine spillover

March 23, 2022
Egypt requests imf support as economy buffeted by ukraine spillover - photo licensed by shore news network.

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 …

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Washington to provide Egypt with F-15 jets, U.S. general says

March 15, 2022
Washington to provide egypt with f-15 jets, u. S. General says - photo licensed by shore news network.

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 …

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Apache aims to boost oil and gas output in Egypt, says CEO

February 14, 2022
Apache aims to boost oil and gas output in egypt, says ceo - photo licensed by shore news network.

CAIRO – Apache aims to raise its oil and gas output in Egypt by 10% to 15% within five years, CEO and President John Christmann …

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