EGYPT

Egypt doubles foreign investments in renewable energy

Published on: March 22, 2022
12:39

Cairo, Mar 22 (Prensa Latina) Egypt's Foreign Direct Investments in renewable energy rose to 3.5 billion dollars during 2021, which is double the registered figure in 2020, an official source reported on Tuesday.

Egypt works to increase its oil production

Published on: March 21, 2022
10:33

Cairo, Mar 21 (Prensa Latina) Egypt is currently making progress in the three-dimensional seismic surveys conducted in the Red Sea coast on an area of 6,700 square kilometers, as part of its efforts to increase oil production, an official source reported.

Egypt plans to reduce deficit in next fiscal year

Published on: March 21, 2022
08:33

Cairo, Mar 21 (Prensa Latina) Egypt aims to reduce the total deficit to 6.3 percent of the Gross Domestic Product (GDP) in the next fiscal year and achieve a primary surplus of 1.5 percent, an official source revealed on Monday.

Business people from Cuba and Egypt promote bilateral ties

Published on: March 16, 2022
12:53

Cairo, Mar 16 (Prensa Latina) The Cuban Chamber of Commerce and the Egyptian Federation of Chambers of Commerce, as well as business people from both countries on Wednesday analyzed ways and actions to increase bilateral economic cooperation.

Egypt and Sudan call for binding agreement on Ethiopian dam

Published on: March 10, 2022
11:31

Cairo, Mar 10 (Prensa Latina) Egypt and Sudan on Thursday have called on again Ethiopia to resume negotiations to reach a binding agreement on the operation of the Grand Ethiopian Renaissance Dam (GERD), built on the Nile River.

Presidents of Russia and Egypt talk over situation in Ukraine

Published on: March 9, 2022
10:53

Moscow, Mar 9 (Prensa Latina) Russian President Vladimir Putin spoke today by telephone with his Egyptian counterpart, Abdel Fattah al Sisi, about the situation in Ukraine and the conditions for the solution of the conflict, the Kremlin reported.

Cairo and Bogota chambers of commerce boost economic ties

Published on: March 9, 2022
07:42

Cairo, Mar 9 (Prensa Latina) The Cairo Chamber of Commerce and the Chamber of Commerce of Bogota have signed a memorandum of understanding (MoU) with the aim of boosting the bilateral economic cooperation, the Egyptian press announced on Wednesday.

Egypt insists on agreement with Ethiopia on mega-dam

Published on: March 3, 2022
07:40

Cairo, Mar 3 (Prensa Latina) Egypt has insisted on an agreement with Ethiopia on the use of the Grand Ethiopian Renaissance Dam (GERD), despite the tensions both countries currently maintain over this dam built on the Nile River.

Egypt urges peaceful solution in Ukraine and rejects sanctions

Published on: March 3, 2022
07:39

Cairo, Mar 3 (Prensa Latina) Egypt has called on for a political solution to the Russia-Ukraine crisis while it rejected the unilateral economic sanctions to the Eurasian nation for considering them counterproductive, the national press highlighted on Thursday.

Egypt’s Suez Canal revenues increase

Published on: March 2, 2022
08:32

Cairo, Mar 2 (Prensa Latina) Egypt's Suez Canal revenues totaled 545.5 million dollars in February, an increase of 15.1 percent year-on-year, an official Egyptian source said on Wednesday.

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