The Latest Breaking News from Egypt

Egypt, Qatar Boost Rapprochement with Intensive Consultations

Egypt and Qatar have boosted their rapprochement through ministerial consultations, proceeding with the reconciliation achieved earlier this year in AlUla in Saudi Arabia. On Thursday, Egyptian Prime Minister Mostafa Madbouly attended a celebration marking the 50th anniversary of the diplomatic relations between Egypt and Qatar. Qatar's Ambassador to Egypt Salem…

Asharq Al-Awsat · Dec 17, 2022

IMF Approves $3 Bln Egypt Extended Arrangement

The International Monetary Fund (IMF) executive board has approved a 46-month $3 billion financial support package for Egypt, saying it will catalyze additional funding of about $14 billion, the fund said in a statement. The package, Extended Fund Facility (EFF), includes a flexible exchange rate regime and enhanced social safety…

Asharq Al-Awsat · Dec 17, 2022

Man who murdered girl, 5, and buried her in bathroom sentenced to death by hanging

Duha Ashraf was murdered out of revenge against her mother, Mona Omar Mohamed, who owed the grocer just £50, a court in Minya, Egypt, heard

Daily Mirror · Dec 16, 2022

Israeli soldiers shoot dead drug smuggler near Egypt border, Israeli army says

Israeli soldiers on Wednesday shot dead a person who was trying to smuggle drugs into Israel from Egypt, the Israeli army said.

Reuters · Dec 14, 2022

Tories make billionaire ex-Mubarak minister senior treasurer

Mohamed Mansour, who served under Egyptian autocrat, given role fundraising in run-up to election

The Guardian - UK · Dec 14, 2022

Egypt Reinforces Strategic Position as Telecom Hub through Subsea Cable with Greece

Egypt concluded an agreement with Greece Tuesday to establish a subsea cable linking the two countries across the Mediterranean. Telecom Egypt, the first integrated telecom operator, and Grid Telecom, a wholly-owned subsidiary of the Independent Power Transmission Operator (IPTO) in Greece, signed a collaboration agreement to build a subsea system…

Asharq Al-Awsat · Dec 14, 2022

Saudi PIF to Enable Growth of Clean Energy Sources

The Saudi Public Investment Fund (PIF) is seeking to diversify opportunities within its portfolio, and contribute to projects for the development of clean energy sources globally. In this context, the PIF intends to acquire the state-owned United Bank in Egypt, in a deal that could be worth about $600 million.

Asharq Al-Awsat · Dec 13, 2022

Egypt Completes Studies on Establishing Factories in Partnership with Private Sector

Egypt’s Minister of Public Enterprise Mahmoud Esmat revealed on Monday that the ministry has completed several studies on establishing new factories in sectors that rely on imports and in industries that suffer from a huge gap between domestic production and consumption. He provided a detailed explanation of the various forms…

Asharq Al-Awsat · Dec 13, 2022

Sisi to Discuss GERD During African-US Summit

The African-US summit will begin Tuesday within the framework of Washington's newly announced strategy to form a "real partnership" with the African continent. US President Joe Biden will host the summit between Dec.

Asharq Al-Awsat · Dec 13, 2022

Israel Says Intercepted Message Brought Down Spy Cohen in 1965

Israel sought to lay to rest on Monday a decades-old debate about one of its most famous spies, Eli Cohen, saying his capture and execution in Syria was due to successful counter-intelligence rather than unprofessionalism. Cohen, a Jewish immigrant to Israel from Egypt, was recruited by Mossad and dispatched under…

Asharq Al-Awsat · Dec 12, 2022