President Abdel Fattah al-Sisi inaugurated, Tuesday, the Oil and Gas International Conference and Exhibition in Egypt (EGYPS 2017) which is being held in Cairo from February 14 to 17, under the slogan "Promising Opportunities for Oil and Gas in Egypt".
A poll conducted by the Egyptian Center for Public Opinion Research (Baseera) has shown that 22 percent of Egyptians believe that Prime Minister Sherif Ismail’s performance is good, 25 percent marked it as moderate, while 18 percent said it was bad.
On Sunday, Parliament Speaker Ali Abdul Aal met with the vice president of the Omani State Council, Khattab bin Ghalib Al-Hinai. Meanwhile, President Abdel Fattah Al-Sisi met with Kuwait’s National Assembly Speaker Marzouq Al-Ghanim. Both meetings were for bilateral talks, according to state-run media outlet Egy News
An anticipated cabinet reshuffle has been postponed to Tuesday due to a visit to Egypt by Lebanon's President Michel Aoun on Monday, parliamentary sources said. Sources affiliated with the pro-government parliamentary majority bloc "Support Egypt" told reporters that Prime Minister Sherif Ismail has informed parliament speaker Ali Abdel-Aal that the final list of the new cabinet ministers will be presented Monday so that parliament can take a vote on the new ministers Tuesday.
The US dollar exchange rate continued to decline in banks on Sunday; the lowest rate found in banks was LE17.65 to the dollar in the National Bank of Egypt (NBE).
President Abdel Fattah Al-Sisi on Sunday met with a US Congress delegation, headed by senator Dana Rohrabacher, that is currently on an official visit to Egypt. In the presence of foreign minister Sameh Shoukry, Al-Sisi welcomed the delegation’s efforts in regard to the strategic relationship between Egypt and the United States and discussed with them Egypt’s efforts in fighting terrorism.
British travel group Thomas Cook said Thursday that demand for holidays in Egypt is picking up again, after unrest in the North African nation had pushed holidaymakers into choosing rival sun spots. Thomas Cook said the improvement, along with especially strong demand for bookings to Greece, is helping to offset persistent weakness for holidays in Turkey, which last year suffered an attempted coup and deadly bombings.
A Giza criminal court sentenced on Thursday afternoon the Mubarak-era irrigation minister Mohamed Nasr Allam to seven-years in jail on corruption charges.
Cairo's Ambassador in Berlin Badr Abdel-Atti has stated that Germany's Chancellor Angela Merkel is set to visit Egypt next month, to discuss bilateral ties and economic cooperation with President Abdel-Fattah El-Sisi.
The US dollar exchange rate declined slightly in banks on Wednesday; the lowest rate found in banks was LE18.15 to the dollar in the National Bank of Egypt (NBE).
The details of an anticipated cabinet reshuffle will be presented to the parliament on Sunday, Prime Minister Sherif Ismail said on Tuesday.
A statement by the party’s board of trustees which revealed Sawiris’ plans called on all current and former members who were prevented from renewing their membership to participate in the conference. The press conference is scheduled for 14 February. The Free Egyptians Party is the largest political party in the 596-member House of Representatives, with a total of 65 seats.
Egypt's Pharmacists Syndicate has called off a strike planned for 12 February after reaching an agreement on its demands with the country's health minister.
Egyptian construction companies will be tasked with building the ministerial district in the New Administrative Capital (NAC), since no final agreement was reached with the China Construction company, Ahram Arabic news website reported on Monday.
Egypt has signed a $1 billion contract with three international companies to import 45 shipments of Liquefied Natural Gas (LNG) to be delivered by the start of March, Al-Ahram Daily reported on Sunday, citing the Egyptian oil minister. Minister Tarek El-Molla said that the state-owned Egyptian Natural Gas Holding Company (EGAS), which has the authority to make oil agreements, signed the deals with the Russian Company Roseneft, the French Engie Company, and the Omani OTI Company.
Egypt's foreign ministry has said that no tensions have arisen between Egypt and France, and that their relationship will not be affected after the nationality of the man behind an attack near Paris' Louvre Museum on Friday was revealed to be Egyptian.
An anticipated Egyptian cabinet reshuffle would not take place before 12 February when the parliament reconvenes for a vote, Egyptian Prime Minister Sherif Ismail was quoted by MENA on Thursday.
Thirty-eight pharmaceutical drugs that have no alternatives were missing from shelves in January 2017, compared to 40 missing varieties in December 2016, according to a bulletin recently issued by the Health Ministry.
Minister of Foreign Affairs Sameh Shoukry headed to the United Arab Emirates (UAE) on Thursday to participate in a consultative meeting between Arab foreign ministers in the capital Abu Dhabi.
Feb 1 An inflow of $9 billion into Egyptian banks since the country's central bank floated its currency shows confidence in the economy is returning, but bankers and economists say investors need reassurance to attract higher volumes. The central bank raised interest rates by 3 percent and abandoned its currency peg of 8.8 pounds per dollar on Nov. 3, causing the pound to halve in value. It hoped to unlock foreign currency inflows and end a black market for dollars that had sucked away foreign currency from the banking system.
The inner circle of Egypt’s President Abdel Fattah al-Sisi has been hit by a fresh wave of leaked alleged audio recordings, casting doubt on the security of the president's confidants. The purported leaks, first broadcast by opposition news channel Mekameleen on Tuesday night, appear to contain significant revelations about the level of internal opposition to Sisi from within the upper echelons of his political circle.
Mina M. Azer
The Coptic Christians are used to eat taro and reeds at the feast of Epiphany, which commemorates the baptizing of Jesus Christ in Jordan River.