Suez Canal to establish sovereign wealth fund

The Suez Canal Authority has unveiled a plan to establish a sovereign wealth fund to shield the canal from fluctuations in global trade and crises like COVID-19.

Egypt

Egypt, Russia partner to ensure food security for Africa

Egypt and Russia discussed a partnership between them to establish a logistic free zone in Cairo to store grains, which would greatly contribute to food security in Egypt while also benefiting neighboring countries.

Egypt

Egyptian travel companies profit on Turkey visits due to falling lira

Egyptian tourism companies are seeking to take advantage of the low exchange rate of the Turkish lira to promote their programs in Turkey even after the summer season is over.

Egypt

In Egypt, elation at Turkish currency crisis

As Turkey faces a currency crisis, its toughest in years, Egyptians are enjoying the spectacle from the sidelines, remembering many confrontations over the past decade.

Egypt

South Sudan angles for Egyptian tourism with first five-star hotel

Egypt's many tourism projects in the country include building South Sudan's first five-star hotel.

Egypt

Egyptians carry on tradition of entrusting savings to gold

Many Egyptians see gold as the safest investment option for their savings, especially in times of economic uncertainty.

Egypt

Egypt celebrates Qatar’s National Day amid improving ties

Egypt’s iconic Cairo Tower lit up with Qatar’s flag colors, in the latest sign of warming relations between the two countries after years of political rift.

Egypt

Egypt supports Cyprus against Turkey

Egypt has criticized Turkey’s plan for a two-state peace deal on ethnically divided Cyprus.

Egypt

Egypt reclaims land for new port city, but environmental concerns loom

Egypt is constructing a new port city near Alexandria by reclaiming land from the Mediterranean Sea, but the project has sparked fears over negative environmental impacts.

Egypt

Egypt ready to pump gas to Lebanon

While Syria says the Arab Gas Pipeline on its territory is set and ready, Egypt announces that it is ready to export natural gas to Lebanon in the first quarter of 2022.

Egypt

Egypt, Turkey compete for military foothold in Kenya

Egypt and Turkey are vying for presence in Kenya, with both countries seeking to consolidate their relations at all economic, technological and industrial levels with the African country.

Egypt

Egypt builds industrial city in Tanzania

Egypt and Tanzania close ties are strengthened further by the inauguration of an Egyptian industrial city adjacent to the Tanzanian capital.

Egypt