EGYPT

Fitch estimates Egypt’s solid economic growth in 2022

Published on: April 5, 2022
13:22

Cairo, Apr 5 (Prensa Latina) Egypt's Gross Domestic Product (GDP) will grow 5.5 percent this year, two tenths more than expected two months ago, Fitch rating agency reported on Tuesday.

Trade between Egypt and Uruguay grows

Published on: April 5, 2022
10:40

Cairo, Apr 5 (Prensa Latina) Trade between Egypt and Uruguay exceeded 493 million dollars in 2021, more than double than a year earlier, an official source reported on Tuesday.

Egypt condemns Israeli escalation in occupied Palestinian territories

Published on: April 4, 2022
10:47

Cairo, Apr 4 (Prensa Latina) Egypt on Monday condemned the new Israeli escalation in the occupied territories, including an attack by settlers on the Al-Aqsa Mosque, the third holiest site for Muslims.

Egypt and Sudan call on Ethiopia to sign agreement on mega-dam

Published on: March 31, 2022
08:05

Cairo, Mar 31 (Prensa Latina) Egypt and Sudan urged Ethiopia to sign a binding agreement on the operation of the Grand Ethiopian Renaissance Dam (GERD), built on the Nile River, an official source reported.

El-Sisi reiterates support for negotiated solution to crisis in Libya

Published on: March 30, 2022
08:15

Cairo, Mar 30 (Prensa Latina) Egypt's President Abdel Fattah el-Sisi has reiterated his commitment to the stability and territorial integrity of Libya, currently immersed in another crisis due to the dispute of two politicians for the prime minister's post.

Egypt’s budget deficit grows in current fiscal year

Published on: March 25, 2022
08:25

Cairo, Mar 25 (Prensa Latina) Egypt's budget deficit reached 368 billion pounds (some 20 billion dollars) in the first eight months of the current fiscal year, an official source reported on Friday.

Egypt warns on religious radicalism and Islamophobia

Published on: March 23, 2022
09:03

Cairo, Mar 23 (Prensa Latina) Terrorism and religious radicalism, as well as Islamophobia are some of the problems and challenges Muslim countries are currently facing, Egyptian Foreign Minister Sameh Shoukry said.

Egypt doubles foreign investments in renewable energy

Published on: March 22, 2022
12:39

Cairo, Mar 22 (Prensa Latina) Egypt's Foreign Direct Investments in renewable energy rose to 3.5 billion dollars during 2021, which is double the registered figure in 2020, an official source reported on Tuesday.

Egypt works to increase its oil production

Published on: March 21, 2022
10:33

Cairo, Mar 21 (Prensa Latina) Egypt is currently making progress in the three-dimensional seismic surveys conducted in the Red Sea coast on an area of 6,700 square kilometers, as part of its efforts to increase oil production, an official source reported.

Egypt plans to reduce deficit in next fiscal year

Published on: March 21, 2022
08:33

Cairo, Mar 21 (Prensa Latina) Egypt aims to reduce the total deficit to 6.3 percent of the Gross Domestic Product (GDP) in the next fiscal year and achieve a primary surplus of 1.5 percent, an official source revealed on Monday.

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