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Satterfield makes first trip to Egypt as US Horn of Africa envoy
Shoukry talks GERD, Sudan with US Horn of Africa envoy: The Biden administration’s new envoy to the Horn of Africa,…
State Department nods to USD 2.5 bn arms sale to Egypt
US green-lights USD 2.5 bn Egypt arms sale: Egypt could spend as much as USD 2.5 bn (EGP 39.3 bn)…
Last Night’s Talk Shows: El Sisi talks GERD, Libya crisis with Algeria prez
El Sisi, Tebboune talks dominate the talk shows: President Abdel Fattah El Sisi’s discussions with Algerian President Abdelmadjid Tebboune in…
New oil + gas exploration bid round coming soon
New oil and gas exploration rights will be up for grabs in 1H2022. The government plans to launch a new…
Record high daily official covid cases
Daily covid cases reach record high as omicron strikes: The Health Ministry reported a record 1,809 new covid infections yesterday,…
Oil Ministry appoints new EGPC chairman
Oil Minister Tarek El Molla has appointed Alaa Al Batal as chairman of the Egyptian General Petroleum Corporation (EGPC), effective…
Gov’t targets USD 7 bn oil FDI in 2022-2023
The Oil Ministry wants to attract USD 7 bn of foreign direct investment (FDI) into the oil and gas sector…
Budget deficit widens to 3.9% in 1H2021-22
Egypt’s budget deficit stood at 3.9% in 1H2021-2022, widening from 3.6% in the first half of last fiscal year, Finance…
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