Egypt
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IMF approves $820 mn as part of Egypt bailout
Mar 30, 2024The Egyptian government will receive an immediate $820 million payment from the International Monetary Fund on Friday as part of an expanded strategy to support the country’s faltering economy. The payment was approved by the IMF... -
EU to provide Egypt with a €7.4 billion funding package
Mar 18, 2024Egypt will receive funds from the European Union totaling €7.4 billion ($8.06 billion) between 2024 and 2027, the EU Commission said on Sunday. The money is meant to help Egypt lessen its reliance on Russian gas... -
Bangladesh and Egypt to form parliamentary friendly group
Feb 7, 2024Dr. Shirin Sharmin Chaudhury, the speaker of Jatiya Sangsad (JS), was visited by Egyptian Ambassador to Bangladesh Omar Mohim Aldin Ahmed Fahmi today in her office. According to a release, the topics of discussion during the... -
Egypt’s economic crisis is squeezing high-street brands
Feb 2, 2024Egypt’s economic crisis is squeezing high-street brands such as Starbucks and The Body Shop as experts ask how the Arab world’s most populous nation will repay its soaring debt. Amid a severe foreign currency crunch, the... -
Egypt faces dollar crunch as debt explodes
Feb 1, 2024High-street retailers like Starbucks and The Body Shop are feeling the pinch of Egypt’s economic turmoil as analysts wonder how the most populous country in the Arab world will pay back its spiraling debt. The US... -
Injured Salah pledges ‘love’ for Egypt in swipe at critics
Jan 27, 2024The Liverpool player responded to those who criticized him for returning to England for hamstring surgery by highlighting his “love” for Egypt. Due to the injury he sustained last week during Egypt’s match with Ghana in... -
Blinken wraps up Mideast tour with talks in Egypt on Gaza crisis
Jan 13, 2024As he concludes his Middle East visit, US Secretary of State Antony Blinken met with Egyptian President Abdel-Fattah al-Sisi in Cairo on Thursday to discuss the continued Israeli aggression in the Gaza Strip. During the talks,... -
Egypt Air Force downs drone off South Sinai
Dec 18, 2023According to state-affiliated media, the Egyptian air force shot down a drone on Saturday off the coast of the Israeli border, off the Sinai Peninsula. Further up the coast, witnesses claimed to have witnessed a second... -
Hamas sources say Israel hostages handed over to Egypt
Nov 24, 2023Some of the hostages taken during the assaults on Israel on October 7 were turned over to the Red Cross on Friday so they could travel back to Israel via Egypt, according to two Hamas sources... -
WHO wants flow of Gaza patients into Egypt
Nov 19, 2023The World Health Organization called on Friday for a regular flow of patients to be allowed out of Gaza for treatment in Egypt, to relieve the pressure on overwhelmed hospitals. The WHO said a system needed...
