#Egypt
494 articles with this tag
PoliticsEgypt's Potential Role in Defending Saudi Arabia: An Expert Analysis
An Egyptian military expert outlined that any potential Egyptian intervention to support Saudi Arabia would depend on a situational assessment, the kingdom's needs, and the nature of threats. Major General Mohamed al-Shahawy stressed that protecting Saudi security is vital for Egypt's national security.
EconomyEgyptian Gold Prices Surge to 3-Week High, Driven by Strong US Dollar
Gold prices in Egypt have climbed to a three-week high, driven by a strengthening US dollar against the Egyptian pound. This local surge occurred despite a decline in global gold prices.
MiscellaneousEgypt to Revert to Standard Time This Friday: Clocks to Fall Back One Hour
Egypt will switch back to standard time this Friday, October 29th, with clocks moving back 60 minutes at midnight. Retailers and restaurants have already begun adjusting to winter operating hours.
Breaking NewsEgypt Raid: Five Suspects Killed, Millions in Drugs and Weapons Seized
A major police raid in Egypt targeting dangerous criminal elements resulted in the deaths of five suspects and the seizure of over 250kg of drugs and weapon parts worth approximately $2.9 million.
PoliticsEgypt Pledges Defensive Military Support to Saudi Arabia Amidst Houthi Escalation
Egypt's parliament is convening for an emergency session to potentially approve defensive military aid to Saudi Arabia amid escalating Houthi attacks. President el-Sisi has pledged full support, citing strategic, economic, and security ties between the two nations.
PoliticsEgypt Pledges Full Support to Saudi Arabia Amidst Houthi Warnings Against Intervention
Egypt's top security body has pledged full support to Saudi Arabia, a move that comes as the Houthis warn Cairo against military intervention. The Egyptian parliament is set to vote on authorizing President El Sisi to defend the kingdom.
MiscellaneousGrand Egyptian Museum Announces Ticket Price Hike Effective November 1
The Grand Egyptian Museum (GEM) is increasing its ticket prices for all visitor categories starting November 1. New rates will apply to Egyptians, Arab and foreign nationals, students, children, and seniors, with specific prices available on the official website.
PoliticsEgypt Vows Unwavering Support for Iraq's Unity and Sovereignty Amidst Regional Tensions
Egypt has reaffirmed its strong support for Iraq's unity, sovereignty, and state institutions during a meeting between Foreign Minister Badr Abdelatty and Ammar al-Hakim in Baghdad. The discussions also covered regional stability and economic cooperation.
PoliticsEgypt Champions Dialogue to De-escalate Middle East Tensions
Egypt's Deputy Foreign Minister urged intensified dialogue and preventive diplomacy to manage Middle East conflicts, emphasizing the Palestinian Cause and calling for humanitarian aid to Gaza.
MiscellaneousEgypt's Mediterranean North Coast: A Booming Destination with Future Investments
Egypt's Minister of Tourism and Antiquities, Sherif Fathy, has identified the Mediterranean North Coast as a rapidly developing "sun and fun" destination with significant ongoing investments. The region is attracting international tourists and seeing substantial growth in infrastructure and offerings, with future developments planned in areas like Ras El Hekma.
Breaking NewsSaudi-led Coalition Thwarts Drone Attacks as Egypt Considers Military Support
The Saudi-led coalition intercepted four drones over Riyadh and other regions, amid escalating Houthi attacks. Egypt's President Abdel Fattah el-Sisi has stated his willingness to support Saudi Arabia if requested.
PoliticsEgypt's Sisi Seeks Parliamentary Green Light for Defense Aid to Saudi Arabia Amidst Regional Tensions
Egyptian President Abdel Fattah el-Sisi is seeking parliamentary authorization to provide defense assistance to Saudi Arabia in response to escalating Houthi attacks. This move underscores Egypt's commitment to regional security and protecting vital maritime routes.
PoliticsEl Sisi Confirms 2030 Exit, Unveils Plan for Next Generation of Egyptian Leaders
Egyptian President Abdel Fattah El Sisi has confirmed he will leave office in 2030 and announced a plan to train a new generation of leaders through a military-sponsored program. The initiative aims to prepare candidates with doctorates for national leadership roles.
EconomyMoody's Boosts Egypt's Credit Rating to B3 Amid Economic Reforms and Stabilization
Moody's has upgraded Egypt's credit rating to B3, citing economic stabilization, fiscal consolidation, and structural reforms that have reduced public debt and strengthened foreign currency reserves.
MiscellaneousForbes Spotlights Egypt as a Top 7 Must-Visit Destination for 2027
Forbes magazine has named Egypt among its top seven recommended tourist destinations for 2027, citing its rich history, luxury Nile cruises, and improved political stability. The Grand Egyptian Museum and Pyramids of Giza are highlighted as key attractions.
PoliticsEgypt's Sisi Seeks Parliamentary Go-Ahead for Potential Defense of Saudi Arabia
Egyptian President Abdel Fattah El Sisi is seeking parliamentary approval for an emergency session to authorize potential military intervention in defense of Saudi Arabia if requested by the kingdom. He stressed the move would be defensive, not an act of aggression.
EconomyEgypt's Creditworthiness Bolstered by Moody's Upgrade Amidst Easing Inflation and Rising Investor Confidence
Moody's has upgraded Egypt's sovereign credit rating to B3, citing easing inflation and growing investor confidence driven by economic reforms. The upgrade reflects improved fiscal consolidation, structural reforms, and a strengthened monetary policy framework, enhancing the country's resilience to external shocks.
MiscellaneousEgypt Secures Third Place in Africa on 2026 Travel & Tourism Development Index
Egypt has been ranked third in Africa and 63rd globally in the 2026 Travel & Tourism Development Index, which assesses the environment for tourism development rather than direct visitor numbers. The report highlights areas for improvement in Egypt's tourism sector, including service quality and infrastructure.
PoliticsEgypt and Sudan Ministers Vow to Strengthen Ties, Reject Destabilization Efforts
Egypt and Sudan's foreign and finance ministers met to reaffirm their strong bilateral ties, reject external attempts to undermine relations, and discuss ways to enhance cooperation and address the situation in Sudan. Egypt reiterated its support for Sudan's stability and unity.
EconomyIMF Boosts Egypt's Economic Growth Forecast to 4.7% for 2027 Amidst Reform Success
The International Monetary Fund (IMF) has raised its economic growth forecast for Egypt to 4.7% for 2027, citing successful economic and fiscal reforms. The Minister of Finance highlighted improvements in fiscal performance and a commitment to reducing external debt.
TechnologyEgypt Unveils Advanced Laser System to Combat Drone Threats
Egypt's Armed Forces have publicly revealed a new, locally manufactured laser system named "Egy-Hel-01" mounted on a pickup truck, designed to neutralize drones and projectiles. The unveiling occurred during live-fire military exercises attended by Defense Minister Ashraf Salem Zaher.
MiscellaneousEgypt Halts Sudan Truck Transit Indefinitely After Deadly Shooting of Two Drivers
Egypt has indefinitely suspended truck transit to Sudan via the Qustul land port after two Egyptian drivers were killed and a third injured in a shooting in Khartoum. Passenger traffic remains unaffected.
EconomyEgypt Secures EU Approval for Fish Exports, Opening Major European Market
Egyptian farmed fish have officially gained approval for export to all 27 European Union member states, marking a significant breakthrough for the country's agricultural export ambitions after a two-year overhaul of food safety standards.
EconomyEgypt and Tunisia Forge Ahead in Non-Banking Microfinance Cooperation
Egypt's Financial Regulatory Authority (FRA) and Tunisia's Microfinance Control Authority met to discuss strengthening cooperation in non-banking microfinance regulation, focusing on expertise exchange and regulatory practices. Both countries highlighted the importance of microfinance for financial inclusion and economic development.